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SKYLINE AIR SERVICES

Active
Private limited companyfounded 2018active for 8 yearsBedrijvenzone Machelen-Cargo 738, 1830 Machelen (Brab.), Belgium14 active companies are registered at this addressKBO/BCE: BE 0705.914.629
Summary

The computed 12-month bankruptcy probability of SKYLINE AIR SERVICES is 12.1% (high). The 2024 annual accounts show equity of €176,326 and a net result of -€54,657. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 935 sector peers (NACE 52, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Warehousing and support activities for transportation
NACE 52230
1 site
Size
€352,658total assets 2024
Staff
2.9 FTE
Equity
€176,326
Loss
-€54,657
Turnover not published (abbreviated format)
Financial health
30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.1%
Structure
Accounts 85 days overdue2 of 4 deeds read
Why 30raises riskFigures for financial year 2024 (filed 27-08-2026)1 financial year not filed after the legal deadline; latest accounts 392 days late; 3 of the last 3 late1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.87, cash €102,025, halvedShow the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 36% of its sector peers (NACE 52, micro)
Financial strength · tick = 2023
Average
Solvency 75+6
equity 50.0% of total assets
Liquidity 61-6
short-term debt 49.9% · cash 28.9%
Profitability 0-79
return on assets -15.5%
Bankruptcy probability, 12 months
12.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,295 companies, NACE 52, micro)
Last 24 months 11-2024: 6.6% 12-2024: 2.7%▼ -3.9 percentage points vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.6%▼ -0.1 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025lowest value 04-2025: 2.7%▲ +0.1 percentage points vs 03-2025 05-2025: 2.8%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%▲ +0.3 percentage points vs 05-2025 07-2025: 3.2%▲ +0.1 percentage points vs 06-2025 08-2025: 4.7%▲ +1.5 percentage points vs 07-2025 09-2025: 5.1%▲ +0.4 percentage points vs 08-2025 10-2025: 14.0%▲ +8.9 percentage points vs 09-2025 11-2025: 14.0%● unchanged vs 10-2025 12-2025: 15.5%▲ +1.5 percentage points vs 11-2025 01-2026: 17.8%▲ +2.3 percentage points vs 12-2025 02-2026: 17.8%● unchanged vs 01-2026 03-2026: 18.1%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 17.0%▼ -1.1 percentage points vs 03-2026 05-2026: 17.0%● unchanged vs 04-2026 06-2026: 16.8%▼ -0.2 percentage points vs 05-2026 07-2026: 10.5%▼ -6.3 percentage points vs 06-2026 08-2026: 12.8%▲ +2.3 percentage points vs 07-2026 09-2026: 7.9%▼ -4.9 percentage points vs 08-2026 10-2026: 12.1%▲ +4.2 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.87, compared with 1.72 in 2023, above the usual 1.5; short-term debt: 49.9% and cash: 28.9% of total assets), but 50% 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 52, micro): better than 58% on solvency, 67% on liquidity, 5% on profitability and 13% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 27-08-2026)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 392 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.87, cash €102,025, halved
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2026, 392 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
392 days late
2023
110 days late
2022
148 days late
2021
260 days late
2020
114 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 182 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Registered officeRegistered-office move
  3. Weakest financial yearnet -€54,657

Key points

  • Caution: From profit to loss in 2024after €50,281 in 2023 -€54,657 View
  • Caution: Among the weakest 13% on net resultsector median €56,877 · 932 companies -€54,657 View
  • Caution: Accounts not fileddeadline was 31-07-2026 85 days late View

By topic

Financials

Financial year
2024
Total assets
€352,658
Loss
-€54,657
Solvency
50.0%
Total assets▼ 44.2%
Net result
20192024
Go to Financials

Timeline

Events
12
Since
2020
  1. 18-11-2024Annual accounts filed
  2. 10-06-2024Registered office · Amendment of the articles…
  3. 26-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Warehousing and support activities for transportationNACE 52230
Founded
27-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Purpose
“Dienstverlening voor de luchtvaart; De vertegenwoordiging van luchtvaartmaatschappijen bij…” (deed in Dutch)
Go to Articles of association

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