Multipurpose Aviation Solutions
ActiveMultipurpose Aviation Solutions has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-7k. Equity is shrinking by ~82.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 2043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-63
Solvency22▼-46
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 1.75 in 2024; short-term debt: 103.2% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-3.2%
Return on assets
-11.3%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-2k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
22 d early
2024
28 d early
2023
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €5k
2023: €3k
2024: €5k
2023 → 2025
Total assets
€66k▲ 429%
2024 · €12k
2023: €4k
2024: €12k
2023 → 2025
Net result
€-7k
2024 · €2k
2023: €257
2024: €2k
2023 → 2025
Working capital
€-2k
2024 · €5k
2023: €4k
2024: €5k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€3k-€5k▲ 63.3%€-2k
Operating result€2k-€3k▲ 36.2%€-7k
Net result€257-€2k▲ 701%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€356▼ 50.0%
Current assets
€65k▲ 458%
Key figures and ratios
EBITDA
€-6k▼
2024 · €3k
Cash flow
€-7k▼
2024 · €2k
Solvency
-3.2%▼
2024 · 42.9%
Current ratio
0.96▼
2024 · 1.75
Quick ratio
0.96▼
2024 · 1.75
Debt / equity
-32.37▼
2024 · 1.33
ROA
-11.3%▼
2024 · 16.6%
Interest coverage
-7.80▼
2024 · 3.42
Debt
€68k▲
2024 · €7k
Debt ≤ 1 year
€68k▲
2024 · €7k
Income taxes
€256▼
2024 · €627
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€12k€66k▲
Fixed assets21/28€713€356▼
Tangible fixed assets22/27€713€356▼
Furniture and vehicles24€713€356▼
Current assets29/58€12k€65k▲
Amounts receivable within one year40/41€7k€65k▲
Trade receivables40€0€57k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€1k€317▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€12k€66k▲
Equity10/15€5k€-2k▼
Contributions10/11€3k€3k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14-€-7k
Amounts payable17/49€7k€68k▲
Amounts payable within one year42/48€7k€68k▲
Trade debts44€6k€67k▲
Suppliers440/4€6k€67k▲
Taxes, remuneration and social security45€627€256▼
Taxes450/3€627€256▼
Accrued charges and deferred income492/3€400€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€356€356=
Other operating charges640/8€681€162▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€4k€-168▼
Operating profit (loss)9901€3k€-7k▼
Financial income75/76B€981€379▼
Recurring financial income75€981€379▼
Financial charges65/66B€853€815▼
Recurring financial charges65€853€815▼
Profit (loss) for the period before taxes9903€3k€-7k▼
Income taxes67/77€627€256▼
Profit (loss) for the period9904€2k€-7k▼
Profit (loss) for the period to be appropriated9905€2k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-7k▼
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (7 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
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-7k ▼460%
Net result drops to €-7k, the lowest in the series.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2023net €2k ▲701%
Operating result €3k, net result €2k, both a record.
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Maaseik · 1 establishment unit since 2022
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.
Frederik Maldersstraat 293680 MaaseikGround area
792 m²
Building footprint
181 m²
Volume, LiDAR
1,130 m³
Parcel 72021A1602/00R000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frederik Maldersstraat 29, 3680 Maaseik
since 20222.330.167.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1602/00R000 | Flanders | 792 m² | 1 · 181 m² | 8.4 m · 2 fl. |
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.
Similar companies · same sector, comparable size
TV Corporation
BE 0843.375.111
Oud-Turnhout · Eq €6k
KD Aerospace
BE 0792.445.458
Namur · Eq €6k
In the air
BE 0671.834.173
Beveren-Kruibeke-Zwijndrecht · Eq €7k
ALFAKO
BE 0891.927.767
Sint-Martens-Latem · Eq €4k
KollAir
BE 1002.562.207
Binche · Eq €4k
Of 293 companies in sector 85532 we hold annual accounts for 83. 41 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2022
Fiscal year end30-09
Activities, NACEBEL
85532Education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.