Turnover
≈ €180,000 estimated
The micro format states no turnover.
Vortex
Lifetime
1 annual account with figurespeak €23,894 (2025)
€23,894
peak €16,650 (2025)
€16,650
peak €21,650 (2025)
€21,650
€10,255
Board1 name since 2024
1 directorTONNIAU Laurentz
Documentsfilings and deeds
24-08-202624 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
2025 accounts filed 24 days after the deadline
Checked score
88
Excellent
Financially stronger than 81% of micro companies in air transport (NACE 51)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 201 companies (NACE 51, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 1.6%
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.7%▲ +0.1 percentage points vs 01-2026
03-2026: 2.0%▲ +0.3 percentage points vs 02-2026
04-2026: 2.1%▲ +0.1 percentage points vs 03-2026
05-2026: 2.3%▲ +0.2 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.6%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 2.5%▼ -0.1 percentage points vs 07-2026
09-2026: 0.4%▼ -2.1 percentage points vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €31,905
lowers risk
Liquidity: current ratio 3.11, cash €29,715
Equity €21,650 (67.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 69% of them on solvency, 81% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Vortex has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Vortex itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Vortex. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.11, above the usual 1.5. Short-term debt is 32.1% and cash 93.1% of total assets. 32.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
24 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016474381
Incorporation
Founding capital of €5,000, 100 shares · Founder: TONNIAU Laurentz · Appointment: TONNIAU Laurentz (director) · published on 25-11-2024 · Gazette deed
First establishment
Enclus du haut 11, Mont-de-l'Enclus
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vortex Mont-de-l'Enclus | €31,905 | €23,894 | 67.9% | - |
| LATITUDES Stavelot | €46,597 | €43,415 | 80.9% | - |
| GO Fly! Juprelle | €51,153 | €42,352 | 61.9% | - |
| DS FLIGHT SOLUTIONS Beernem | €70,350 | €46,973 | 63.0% | - |
| HELODRONE Berloz | €86,219 | €33,033 | 26.6% | - |
| Hub Aviation & IT services Morlanwelz | €46,609 | €69,613 | 18.3% | - |
| Kala Aviation Edegem | €86,472 | €24,182 | 20.9% | - |
These companies have the same main activity as Vortex: passenger air transport (NACE 51100). They are comparable in size and age: total assets between €46,600 and €86,500, founded between 2022 and 2025.
Official details
Source: KBO- Status
- Active since 21-11-2024Normal situation
- Activity
- Passenger air transportNACE 51100and 3 others
- Establishment unit
- 2.366.491.8757750 Mont-de-l'Enclus, since 21-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on Vortex
Vortex has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,650 and a net result of €16,650.
Its solvency ranks better than 70% of 155 sector peers (NACE 51, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Vortex
- What is the company number of Vortex?
- The company number of Vortex is 1016.474.381. The VAT number is the same number with BE in front: BE 1016.474.381.
- Where is Vortex based?
- The registered office is at Enclus du haut 11b, 7750 Mont-de-l'Enclus.Company details
- What does Vortex do?
- According to the KBO register, the main activity is passenger air transport (NACE 51100).
- What is the legal form of Vortex?
- Vortex is a private limited company (BV).
- When was Vortex founded?
- Vortex was founded on 21-11-2024.
- Is Vortex still active?
- Yes, Vortex is an active enterprise in the KBO register.
- What is the turnover of Vortex?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €23,894 and 6,299 comparable companies of the same size. It probably lies between €83,000 and €440,000. It is a rough estimate.Financials
- Is Vortex profitable?
- In financial year 2025, Vortex made a profit of €16,650.
- Where can I find the annual accounts of Vortex?
- Vortex filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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