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GLOBAL AIRFREIGHT HANDLING

Active
Private limited companyfounded 2024active for 2 yearsRue Saint-Exupéry 17, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 1006.999.065
Summary

GLOBAL AIRFREIGHT HANDLING has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216,239 and a net result of €185,471. Its solvency ranks better than 44% of 335 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 11-03-2024 Normal situation
Registered office
59 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16240and 2 others
Joint committee
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.357.329.929 4020 Liège, since 11-03-2024
Financial year end
31 December
Peppol
Reachable since 26-09-2025

Board and ownership

Board
Shareholders

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€831,728
▲ 11×
Turnover
≈ €2.0m
estimated
Profit
€185,471
▲ 623%
Equity
€216,239
▲ 603%
Total assets
€582,085
▲ 734%
Employees on 31-12-2025
20
  • 2025 accounts filed 31 days after the deadline
Net result +623%: other schema
Score breakdownraises riskFounded in 2024Last filed accounts filed 31 days late; 1 of the last 3 accounts lateSize: 14 FTE, total assets €582,085lowers riskLiquidity: current ratio 1.57, cash €193,335Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 77% of small companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Strong
Solvency 62-7
equity 37.1% of total assets
Liquidity 58+24
short-term debt 62.9% · cash 33.2%
Profitability 100=
return on assets 31.9%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (165 companies, NACE 16, small)
Last 24 months 04-2025: 3.7% 05-2025: 3.8%▲ +0.1 percentage points vs 04-2025 06-2025: 3.9%▲ +0.1 percentage points vs 05-2025 07-2025: 4.4%▲ +0.5 percentage points vs 06-2025 08-2025: 2.3%▼ -2.1 percentage points vs 07-2025 09-2025: 2.3%● unchanged vs 08-2025 10-2025: 2.4%▲ +0.1 percentage points vs 09-2025 11-2025: 2.5%▲ +0.1 percentage points vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 3.2%▲ +0.7 percentage points vs 03-2026 05-2026: 3.8%▲ +0.6 percentage points vs 04-2026 06-2026: 3.9%▲ +0.1 percentage points vs 05-2026 07-2026: 4.0%▲ +0.1 percentage points vs 06-2026 08-2026: 4.8%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.4%▼ -3.4 percentage points vs 08-2026 10-2026: 0.7%▼ -0.7 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
Credit of up to €15,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 1.57 (1.56 in 2024), above the usual 1.5. Short-term debt is 62.9% and cash 33.2% of total assets. However, 62.9% of the assets are financed with debt and provisions.
Calculation

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 16, small). It does better than 38% of them on solvency, 73% on liquidity, 99% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.57, cash €193,335
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: 14 FTE, total assets €582,085
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 2 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Result rose in 2025different schema filed ▲ 623% View
  • Positive: Higher net result than 82% of companies in wood and corksector median €22,980 · 335 companies €185,471 View

Recent changes

  1. · Gazette deed Registered office moved from Wandre to Grâce-HollogneTransfer of 40 shares · New seat: Rue St Exupéry 17 bte 24 B-4460 Grâce-Hollogne · Previous seat: Rue des Prés 260 bte A - 4020 Wandre
  2. · Gazette deed IncorporationStarting capital €5,100 · Appointment: SAMIL GROUP (administrateur non statutaire) · Permanent representative: KARADAG Yusuf
All 5 events

Comparable companies

These companies have the same main activity as GLOBAL AIRFREIGHT HANDLING: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240). They are comparable in size and age: total assets between €490,000 and €2.5m, founded between 2019 and 2022.

CompanyTotal assetsGross margin
GLOBAL AIRFREIGHT HANDLING Grâce-Hollogne€0.6m€0.8m
PGS RECON Gistel€0.9m€0.7m
ECOPALETTE Binche€1.9m€0.9m
ID3D Solutions Aalst€0.5m€0.3m
VDM WOODCONSTRUCT Bornem€0.6m€0.3m
PGS Rec Belgium Gistel€2.5m€2.3m
EASY WORD Charleroi€0.5m€0.1m
Full comparison

Key facts about GLOBAL AIRFREIGHT HANDLING

What is the company number of GLOBAL AIRFREIGHT HANDLING?
The company number of GLOBAL AIRFREIGHT HANDLING is 1006.999.065. The VAT number is the same number with BE in front: BE 1006.999.065.
Where is GLOBAL AIRFREIGHT HANDLING based?
The registered office is at Rue Saint-Exupéry 17, 4460 Grâce-Hollogne.Company details
What does GLOBAL AIRFREIGHT HANDLING do?
According to the KBO register, the main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240).
What is the legal form of GLOBAL AIRFREIGHT HANDLING?
The legal form of GLOBAL AIRFREIGHT HANDLING is Private limited company (BV).
When was GLOBAL AIRFREIGHT HANDLING founded?
GLOBAL AIRFREIGHT HANDLING was founded on 11-03-2024.
Is GLOBAL AIRFREIGHT HANDLING still active?
Yes, GLOBAL AIRFREIGHT HANDLING is an active enterprise in the KBO register.
How many employees does GLOBAL AIRFREIGHT HANDLING have?
GLOBAL AIRFREIGHT HANDLING had an average of 14 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GLOBAL AIRFREIGHT HANDLING fall under?
In its 2025 annual accounts, GLOBAL AIRFREIGHT HANDLING states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of GLOBAL AIRFREIGHT HANDLING?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €831,728 and 2,281 comparable companies of the same size. It probably lies between €1.2m and €3.3m. It is a rough estimate.
Is GLOBAL AIRFREIGHT HANDLING profitable?
In financial year 2025, GLOBAL AIRFREIGHT HANDLING made a profit of €185,471.
Where can I find the annual accounts of GLOBAL AIRFREIGHT HANDLING?
GLOBAL AIRFREIGHT HANDLING filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLOBAL AIRFREIGHT HANDLING due?
GLOBAL AIRFREIGHT HANDLING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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