Kala Aviation
ActiveThe computed 12-month bankruptcy probability of Kala Aviation is 2.4% (moderate). The 2024 annual accounts show equity of €9k and a net result of €-3k. Its solvency ranks better than 50% of 160 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-98
Solvency72▼-16
Growth32
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.5%
Return on assets
-13.1%
Age of the figures
21 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 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€9k▼ 21.6%
2023 · €12k
2023: €12k
2023 → 2024
Total assets
€19k▲ 3.9%
2023 · €19k
2023: €19k
2023 → 2024
Net result
€-3k
2023 · €9k
2023: €9k
2023 → 2024
Working capital
€6k▼ 46.5%
2023 · €12k
2023: €12k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€12k-€9k▼ 21.6%
Operating result€12k-€-3k
Net result€9k-€-3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19k
Fixed assets
€3k
Current assets
€16k
Equity and liabilities €19k
Equity
€9k▼ 21.6%
Debt
€10k▲ 47.2%
The debt ratio rises from 37.1% to 52.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k
Cash flow
€-2k
Solvency
47.5%▼
2023 · 62.9%
Current ratio
1.62▼
2023 · 2.70
Quick ratio
1.62▼
2023 · 2.70
Debt / equity
1.11▲
2023 · 0.59
ROE
-27.6%▼
2023 · 74.5%
ROA
-13.1%▼
2023 · 46.9%
Interest coverage
-46.91
Debt
€10k▲
2023 · €7k
Debt ≤ 1 year
€10k▲
2023 · €7k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€19k€19k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Plant, machinery and equipment23-€3k
Current assets29/58€19k€16k▼
Amounts receivable within one year40/41€258€1k▲
Trade receivables40-€1k
Other amounts receivable41€258-
Cash at bank and in hand54/58€18k€15k▼
Equity and liabilities
Total equity and liabilities10/49€19k€19k▲
Equity10/15€12k€9k▼
Contributions10/11€3k€3k=
Capital10€3k-
Issued capital100€3k-
Reserves13€9k€9k=
Non-distributable reserves130/1€300€300=
Legal reserve130€300-
Reserves not available under the articles1311-€300
Distributable reserves133€8k€8k=
Profit (loss) carried forward14-€-3k
Amounts payable17/49€7k€10k▲
Amounts payable within one year42/48€7k€10k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€4k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€606
Other operating charges640/8-€118
Gross operating margin9900€12k€-2k▼
Operating profit (loss)9901€12k€-3k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€16€41▲
Recurring financial charges65€16€41▲
Profit (loss) for the period before taxes9903€12k€-3k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€9k€-3k▼
Profit (loss) for the period to be appropriated9905€9k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-3k▼
Transfer to equity691/2€9k-
To the legal reserve6920€300-
To other reserves6921€8k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Edegem · 1 establishment unit since 2023
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.
Hendrik Kennisstraat 352650 EdegemGround area
326 m²
Building footprint
114 m²
Parcel 11013A0006/00R004, Flanders. Linked by address, not a title deed.
1 establishment unit
Kala Aviation
since 20232.347.143.939
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0006/00R004 | Flanders | 326 m² | 1 · 114 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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DaRe2Fly
BE 0805.290.040
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Of 453 companies in sector 51100 we hold annual accounts for 170. 86 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2023
Fiscal year end31-12
Activities, NACEBEL
51100Air transport
51210Air transport
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.