TAILWIND AVIATION
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €10,318 on 31-12-2025in euro
in euro
Position in the sector
83.5%
Higher than 83% of 9,701 companies in 2025.
5.63
Higher than 83% of 9,319 companies in 2025.
-115.1%
Lower than 95% of 9,443 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
10,318 | 22,293 | 27,382 | 28,801 | 26,151 | 21,926 | 27,803 | 24,309 | 11,546 | 7,452 | 3,846 | 2,015 | 862 | 4,959 | 28,951 | 29,950 | 51,274 | |
21/28 |
706 | 1,386 | 3,550 | 6,406 | 1,643 | 6,906 | 12,153 | 1,279 | 159 | 654 | 786 | 224 | 337 | 2,701 | 5,042 | 9,532 | 12,767 | |
22/27 |
706 | 1,386 | 3,550 | 6,406 | 1,643 | 6,906 | 12,153 | 1,279 | 159 | 654 | 786 | 224 | 337 | 2,701 | 5,042 | 9,532 | 12,767 | |
23 |
706 | 429 | 1,191 | 2,182 | 600 | 1,381 | 2,930 | 743 | 159 | 654 | 786 | 224 | 337 | 2,005 | 3,020 | 5,519 | 7,561 | |
24 |
0 | 957 | 2,359 | 4,132 | 859 | 5,248 | 8,855 | 536 | - | - | - | - | 0 | 696 | 2,022 | 4,013 | 5,206 | |
26 |
- | - | - | 92 | 184 | 276 | 368 | - | - | - | - | - | - | - | - | - | - | |
29/58 |
9,612 | 20,907 | 23,832 | 22,395 | 24,508 | 15,020 | 15,650 | 23,030 | 11,387 | 6,798 | 3,060 | 1,791 | 525 | 2,257 | 23,909 | 20,418 | 38,507 | |
40/41 |
8,065 | 9,694 | 7,842 | 9,510 | 2,749 | 3,786 | 8,337 | 14,205 | 5,310 | 6,495 | 2,923 | 1,369 | 49 | 1,656 | 16,528 | 17,616 | 38,078 | |
40 |
- | - | 911 | 8,664 | 2,548 | 2,693 | 8,337 | 12,816 | 4,593 | 5,096 | 2,907 | 1,005 | - | - | 5,212 | 2,062 | 8,139 | |
41 |
8,065 | 9,694 | 6,931 | 846 | 201 | 1,093 | - | 1,389 | 716 | 1,399 | 17 | 363 | 49 | 1,656 | 11,316 | 15,554 | 29,938 | |
54/58 |
79 | 9,870 | 14,942 | 11,635 | 20,560 | 10,016 | 6,159 | 8,825 | 6,077 | 303 | 137 | 422 | 476 | 481 | 7,381 | 2,802 | 429 | |
490/1 |
1,468 | 1,343 | 1,048 | 1,251 | 1,199 | 1,218 | 1,154 | - | - | - | - | - | - | 120 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
10,318 | 22,293 | 27,382 | 28,801 | 26,151 | 21,926 | 27,803 | 24,309 | 11,546 | 7,452 | 3,846 | 2,015 | 862 | 4,959 | 28,951 | 29,950 | 51,274 | |
10/15 |
8,611 | 20,483 | 26,647 | 17,993 | -1,927 | -5,092 | -20,392 | -38,531 | -29,408 | -15,099 | -16,619 | -14,952 | -13,129 | -6,278 | 9,197 | 8,973 | 9,877 | |
10/11 |
6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | 6,324 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | 12,276 | |
11 |
- | - | - | - | 6,324 | 6,324 | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | 6,324 | 6,324 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
20,323 | 20,323 | 20,323 | 11,669 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
20,323 | 20,323 | 18,463 | 9,809 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-18,036 | -6,164 | - | - | -10,111 | -13,276 | -28,576 | -46,715 | -37,592 | -23,283 | -24,803 | -23,136 | -21,313 | -14,462 | 1,013 | 789 | 1,693 | |
17/49 |
1,707 | 1,810 | 735 | 10,808 | 28,078 | 27,018 | 48,195 | 62,840 | 40,954 | 22,552 | 20,465 | 16,967 | 13,991 | 11,237 | 19,754 | 20,977 | 41,397 | |
42/48 |
1,707 | 1,810 | 735 | 10,808 | 28,078 | 27,018 | 47,848 | 62,493 | 40,954 | 22,552 | 20,465 | 16,967 | 13,991 | 11,237 | 19,707 | 20,977 | 41,397 | |
44 |
1,270 | 1,791 | 653 | 1,500 | 1,377 | 2,126 | 5,311 | 1,643 | 116 | 1,093 | 2,208 | 2,736 | 4,410 | 8,813 | 8,479 | 3,186 | 2,967 | |
440/4 |
1,270 | 1,791 | 653 | 1,500 | 1,377 | 2,126 | 5,311 | 1,643 | 116 | 1,093 | 2,208 | 2,736 | 4,410 | 8,813 | 8,479 | 3,186 | 2,967 | |
45 |
437 | 19 | 82 | 2,507 | 933 | 1,003 | 1,158 | 691 | 632 | 480 | 614 | 128 | 128 | - | 6,227 | 17,791 | 18,429 | |
450/3 |
437 | 19 | 82 | 2,507 | 933 | 1,003 | 1,158 | 691 | 632 | 480 | 614 | 128 | 128 | - | 6,227 | 17,791 | 18,429 | |
47/48 |
- | - | - | 6,802 | 25,767 | 23,888 | 41,379 | 60,158 | 40,205 | 20,979 | 17,643 | 14,103 | 9,453 | 2,424 | 5,000 | - | 20,000 | |
492/3 |
- | - | - | - | - | - | 348 | 348 | - | - | - | - | - | - | 48 | - | - | |
| Income statement | ||||||||||||||||||
9900 |
-8,724 | -2,607 | 18,045 | 31,653 | 11,496 | 23,453 | 25,669 | -7,707 | -12,619 | 3,142 | -650 | -1,116 | -3,788 | -12,135 | 15,503 | 6,226 | 42,984 | |
630 |
1,727 | 2,164 | 2,856 | 1,588 | 5,785 | 6,123 | 6,005 | 798 | 496 | 608 | 449 | 112 | 1,755 | 2,002 | 3,374 | 3,692 | 3,709 | |
640/8 |
1,207 | 1,224 | 1,237 | 1,045 | 1,062 | 1,583 | 1,295 | 502 | 1,075 | 884 | 569 | 476 | 567 | 1,241 | 2,015 | 3,239 | 2,194 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 610 | - | 1,033 | - | - | |
9901 |
-11,657 | -5,996 | 13,952 | 29,019 | 4,649 | 15,746 | 18,369 | -9,007 | -14,190 | 1,650 | -1,668 | -1,705 | -6,109 | -15,378 | 10,114 | -704 | 37,081 | |
75/76B |
337 | 340 | 1 | 15 | - | - | 8 | - | 2 | - | 1 | - | 0 | 538 | 1,078 | 1,940 | 1,963 | |
75 |
337 | 340 | 1 | 15 | - | - | 8 | - | 2 | - | 1 | - | 0 | 538 | 1,078 | 1,940 | 1,963 | |
65/66B |
134 | 133 | 129 | 127 | 148 | 120 | 116 | 116 | 121 | 130 | - | 118 | 131 | 118 | 247 | 188 | 398 | |
65 |
134 | 133 | 129 | 127 | 148 | 120 | 116 | 116 | 121 | 130 | - | 118 | 131 | 118 | 247 | 188 | 398 | |
9903 |
-11,454 | -5,789 | 13,825 | 28,907 | 4,501 | 15,626 | 18,262 | -9,123 | -14,309 | 1,520 | -1,667 | -1,823 | -6,851 | -14,958 | 9,912 | 1,048 | 38,646 | |
67/77 |
418 | 375 | 5,170 | 8,988 | 1,336 | 326 | 122 | - | - | - | - | - | - | 517 | 4,688 | 1,952 | 15,093 | |
9904 |
-11,872 | -6,164 | 8,655 | 19,919 | 3,165 | 15,301 | 18,139 | -9,123 | -14,309 | 1,520 | -1,667 | -1,823 | -6,851 | -15,475 | 5,224 | -904 | 23,553 | |
9905 |
-11,872 | -6,164 | 8,655 | 19,919 | 3,165 | 15,301 | 18,139 | -9,123 | -14,309 | 1,520 | -1,667 | -1,823 | -6,851 | -15,475 | 5,224 | -904 | 23,553 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-18,036 | -6,164 | 8,655 | 9,809 | -10,111 | -13,276 | -28,576 | -46,715 | -37,592 | -23,283 | -24,803 | -23,136 | -21,313 | -14,462 | 6,013 | 789 | 23,553 | |
14P |
-6,164 | - | - | -10,111 | -13,276 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 8,655 | 9,809 | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | 8,655 | 9,809 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | - | 20,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | - | 20,000 | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00230467 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00382297 | |
| 31-12-2023 | micro format | 11-06-2024 | 2024-00120505 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00187526 | |
| 31-12-2021 | micro format | 19-08-2022 | 2022-20296504 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-25900002 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-45000472 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-48500278 | |
| 31-12-2017 | micro format | 23-07-2018 | 2018-35700142 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-48900473 | |
| 31-12-2015 | abbreviated format | 01-07-2016 | 2016-25000584 | |
| 31-12-2014 | abbreviated format | 20-07-2015 | 2015-32200562 | |
| 31-12-2013 | abbreviated format | 31-07-2014 | 2014-38400307 | |
| 31-12-2012 | abbreviated format | 23-07-2013 | 2013-33100006 | |
| 31-12-2011 | abbreviated format | 13-06-2012 | 2012-16400346 | |
| 31-12-2010 | abbreviated format | 30-06-2011 | 2011-23800426 | |
| 31-12-2009 | abbreviated format | 30-07-2010 | 2010-35900517 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -9,930 | -3,831 | 16,808 | 30,608 | 10,433 | 21,869 | 24,374 | -8,209 | -13,694 | 2,258 | -1,218 | -1,592 | -4,355 | -13,376 | 13,488 | 2,988 | 40,790 | ||
| -10,145 | -4,000 | 11,511 | 21,508 | 8,950 | 21,424 | 24,144 | -8,325 | -13,813 | 2,128 | -1,218 | -1,711 | -5,096 | -13,473 | 8,598 | 2,788 | 27,262 | ||
| 1,047 | 0 | 0 | 6,351 | 522 | 876 | 16,880 | 1,919 | 0 | 476 | 1,011 | 0 | -610 | 561 | -1,116 | 457 | 16,476 | ||
| -9,791 | -5,072 | 3,307 | -8,925 | 10,543 | 3,857 | -2,666 | 2,748 | 5,774 | 166 | -286 | -54 | -5 | -6,900 | 4,580 | 2,373 | - | ||
| 7,905 | 19,098 | 23,098 | 11,587 | -3,570 | -11,998 | -32,198 | -39,463 | -29,567 | -15,753 | -17,405 | -15,177 | -13,466 | -8,980 | 4,202 | -559 | -2,890 | ||
| 83.5% | 91.9% | 97.3% | 62.5% | -7.4% | -23.2% | -73.3% | -158.5% | -254.7% | -202.6% | - | - | - | - | 31.8% | 30.0% | 19.3% | ||
| 5.63 | 11.55 | 32.43 | 2.07 | 0.87 | 0.56 | 0.33 | 0.37 | 0.28 | 0.30 | - | - | - | - | 1.21 | 0.97 | 0.93 | ||
| 0.20 | 0.09 | 0.03 | 0.60 | - | - | - | - | - | - | - | - | - | - | 2.15 | 2.34 | 4.19 | ||
| -137.9% | -30.1% | 32.5% | 110.7% | - | - | - | - | - | - | - | - | - | - | 56.8% | -10.1% | 238.5% | ||
| -115.1% | -27.7% | 31.6% | 69.2% | 12.1% | 69.8% | 65.2% | -37.5% | -123.9% | 20.4% | - | - | - | - | 18.0% | -3.0% | 45.9% | ||
| -74.05 | -28.84 | over 100 | over 100 | 70.62 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,047 | - | - | €6,351 | €522 |
| €1,727 | €2,164 | €2,856 | €1,588 | €5,785 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on TAILWIND AVIATION
The operating result for 2025 is a loss of €11,657, larger than the loss of €5,996 in 2024. It is the lowest result since 2017.
Debt's share of the balance-sheet total rises from 8.1% to 16.5%. Equity and debt are lower.