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P-AVIATION

Active
Private limited companyfounded 2018active for 7 yearsBredabaan 582, 2930 Brasschaat, BelgiumKBO/BCE: BE 0715.993.721

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

P-AVIATION has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,675 and a net result of €50,471. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 45% of 155 sector peers (NACE 51, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
P-AVIATIONActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 19-12-2018 Normal situation
Legal form
Private limited company
Registered office
Bredabaan 582, 2930 Brasschaat
Activity
Air transport NACE 51100
Establishment unit
2.282.983.486 2930 Brasschaat, since 19-12-2018
Financial year end
31 December
Peppol
Reachable since 05-10-2025
Company details

Who decides

Board
Board & ownership

How it is doing

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€72,288
▼ 7.7%
Turnover
≈ €220,000
estimated
Profit
€50,471
▼ 10.6%
Equity
€41,675
=
Total assets
€114,511
▼ 20.7%
2025 accounts 102 days early
Filed on 20-04-2026PDF
Financials
Why 91raises riskFounded in 2018Profit of €50,471 (financial year 2025)lowers riskLiquidity: current ratio 1.33, cash €76,561Size: total assets €114,511Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 51, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 61+7
equity 36.4% of total assets
Liquidity 67+5
short-term debt 62.9% · cash 66.9%
Profitability 100=
return on assets 44.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (202 companies, NACE 51, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%● unchanged vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025highest value 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.33, compared with 1.2 in 2024, below the usual 1.5; short-term debt: 62.9% and cash: 66.9% of total assets), and 63.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 51, micro): better than 47% on solvency, 66% on liquidity, 92% on profitability and 47% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.33, cash €76,561
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €114,511
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Profit of €50,471 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-04-2026, 102 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
102 days early
2024
37 days early
2023
41 days early
2022
40 days early
2021
39 days early
2020
39 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 51) for financial year 2024 is 10 days before the deadline, and 35% 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. The company usually files around 21 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Among the best 15% on net resultsector median €5,145 · 155 companies €50,471 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €50,471 7 years View

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about P-AVIATION

What is the company number of P-AVIATION?
0715.993.721. In Belgium the VAT number is the company number with BE in front: BE 0715.993.721.
Where is P-AVIATION based?
The registered office is at Bredabaan 582, 2930 Brasschaat.Company details
What does P-AVIATION do?
According to the KBO register, the main activity is air transport (NACE 51100).
What is the legal form of P-AVIATION?
Private limited company (BV).
When was P-AVIATION founded?
On 19-12-2018.
Is P-AVIATION still active?
Yes, P-AVIATION is an active enterprise in the KBO register.
What is the turnover of P-AVIATION?
≈ €220,000 in financial year 2025. Estimated from the gross margin of €72,288: probably between €140,000 and €380,000, based on 2,678 comparable companies of the same size. A rough estimate.Financials
Is P-AVIATION profitable?
In financial year 2025, P-AVIATION made a profit of €50,471.
Where can I find the annual accounts of P-AVIATION?
P-AVIATION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of P-AVIATION due?
By 31-07-2027, for financial year 2026.Timeline

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