I-FLY
ActiveI-FLY has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €6k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 139 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▲+5
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 7.4 against 8.01 in 2024), and 15.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.9%
Return on assets
3.6%
Age of the figures
14 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Sector 51
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
68 d early
2024
52 d early
2023
58 d early
2022
48 d early
2021
41 d early
2020
3 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€140k▲ 0.4%
2024 · €140k
2019: €212k
2020: €204k
2021: €190k
2022: €160k
2023: €153k
2024: €140k
2019 → 2025
Total assets
€165k▲ 2.3%
2024 · €162k
2019: €261k
2020: €243k
2021: €221k
2022: €226k
2023: €169k
2024: €162k
2019 → 2025
Net result
€6k▲ 34.8%
2024 · €4k
2019: €5k
2020: €-8k
2021: €-14k
2022: €6k
2023: €-6k
2024: €4k
2019 → 2025
Working capital
€143k▲ 1.0%
2024 · €141k
2019: €147k
2020: €161k
2021: €163k
2022: €147k
2023: €155k
2024: €141k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€190k-€160k▼ 16.1%€153k▼ 3.9%€140k▼ 9.0%€140k▲ 0.4%
Operating result€-13k-€11k€-4k€10k€11k▲ 13.7%
Net result€-14k-€6k€-6k€4k€6k▲ 34.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€225=
Current assets
€165k▲ 2.3%
Equity and liabilities €165k
Equity
€140k▲ 0.4%
Debt
€25k▲ 13.8%
The debt ratio rises from 13.6% to 15.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€11k▲
2024 · €10k
Cash flow
€6k▲
2024 · €4k
Solvency
84.9%▼
2024 · 86.4%
Current ratio
7.40▼
2024 · 8.01
Quick ratio
7.40▼
2024 · 8.01
Debt / equity
0.18▲
2024 · 0.16
ROE
4.2%▲
2024 · 3.2%
ROA
3.6%▲
2024 · 2.7%
Interest coverage
10.86▲
2024 · 9.05
Debt
€25k▲
2024 · €22k
Debt ≤ 1 year
€22k▲
2024 · €20k
Income taxes
€5k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€162k€165k▲
Fixed assets21/28€225€225=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€225€225=
Current assets29/58€161k€165k▲
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40€328€2k▲
Other amounts receivable41€1k€424▼
Cash at bank and in hand54/58€157k€159k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€162k€165k▲
Equity10/15€140k€140k▲
Contributions10/11€20k€20k=
Reserves13€120k€120k▲
Distributable reserves133€120k€120k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€22k€25k▲
Amounts payable within one year42/48€20k€22k▲
Financial debts43€180€0▼
Credit institutions430/8€180€0▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€16k€15k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57€0▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€11k€13k▲
Operating profit (loss)9901€10k€11k▲
Financial income75/76B€359€1k▲
Recurring financial income75€359€1k▲
Financial charges65/66B€1k€1,000▼
Recurring financial charges65€1k€1,000▼
Profit (loss) for the period before taxes9903€9k€11k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€4k€6k▲
Profit (loss) for the period to be appropriated9905€4k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€6k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€18k€5k▼
Transfer to equity691/2€4k€6k▲
To other reserves6921€4k€6k▲
Profit to be distributed694/7€18k€5k▼
Return on contributions (dividend)694€18k€5k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 11.90
Current ratio from 3.29 to 11.90; short-term debt falls from €64k to €14k.
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kalkoenlaan 749032 GentGround area
980 m²
Building footprint
143 m²
Parcel 44074C0539/00K004, Flanders. Linked by address, not a title deed.
1 establishment unit
I-Fly
since 20062.158.065.304
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0539/00K004 | Flanders | 980 m² | 1 · 143 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 451 companies in sector 51100 we hold annual accounts for 170. 111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2006
Fiscal year end30-06
Activities, NACEBEL
51100Air transport
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.