Equity
GETFLIGHTS paid out €215,591 in dividends. That is 32% of the 2025 profit.
GETFLIGHTS paid out €215,591 in dividends. That is 32% of the 2025 profit.
The result rose in 2025 from €374,033 to €673,387.
Green is investment, beige is depreciation.
In 2025, 6 people joined and 3 left.
The last five annual accounts were filed 0 to 132 days before the end of the period.
Higher net result than 95% of companies in wholesale trade. Sector median €26,717 · 9,877 companies.
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 38% of them on solvency, 49% on liquidity, 94% on profitability and 94% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-08-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,782 companies had the same profile as GETFLIGHTS has now. Each dot stands for 17 companies, two years later.
That fits the bankruptcy probability of GETFLIGHTS itself: 0.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for GETFLIGHTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.33 (1.3 in 2024), below the usual 1.5. Short-term debt is 67.3% and cash 22.7% of total assets. 67.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 60 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| GETFLIGHTS Oostkamp | €3.6m | €1.6m | 32.7% | 12.5 |
| WITEB 4 Halle | €3.3m | €0.8m | 2.2% | 10.8 |
| Smart Services Network Evere | €2.5m | €1.7m | 51.2% | 16.2 |
| OBJECTIFS VOYAGES Visé | €6.0m | €1.5m | 23.3% | 9.6 |
| PREMIUM PARTNERS EUROPE Antwerp | €4.3m | €1.3m | 23.5% | 7.5 |
| DEVAKO MACHINERY Zedelgem | €4.5m | €2.4m | 57.1% | 10.8 |
| CureVac Belgium Ottignies-Louvain-la-Neuve | €3.6m | €5.0m | 9.4% | 10.2 |
These companies have the same main activity as GETFLIGHTS: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €2.5m and €6m, founded between 2013 and 2022.
GETFLIGHTS files the abbreviated format. That format states no turnover. The gross margin rose from €157,502 in 2020 to €1.6m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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