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Wallonie Aerotraining Network

Active
Non-profit associationfounded 1999active for 27 yearsChaussée de Fleurus 179, 6041 Charleroi, BelgiumKBO/BCE: BE 0467.869.404

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Wallonie Aerotraining Network has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €91,492. Equity has been growing by about 5.2% per year since 2018. Its solvency ranks better than 60% of 581 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 02-04-1999 Normal situation
Activity
Vocational training NACE 85592
Establishment unit
2.197.920.723 6041 Charleroi, since 01-01-2008
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Auditor
Group Audit Belgium

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€2.1m
▼ 7.8%
Turnover
≈ €3.6m
estimated
Surplus
€91,492
▲ 148%
Equity
€4.7m
▲ 8.1%
Total assets
€7.8m
▲ 45.4%
Staff
12.3 FTE
=
Filed on 06-07-2026, 25 days before the deadlineat the National Bank
Score breakdownlowers riskLegal form: non-profit associationSize: total assets €7.8mLiquidity: current ratio 2.26, cash €2.5mFigures for financial year 2025 (filed on 06-07-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of small companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 86-14
equity 60.9% of total assets
Liquidity 87+27
short-term debt 16.2% · cash 32.7%
Profitability 70=
return on assets 1.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (624 companies, NACE 85, small)
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 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €450,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.26 (1.73 in 2024), above the usual 1.5. Short-term debt is 16.2% and cash 32.7% of total assets. 39.1% of the assets are financed with debt and provisions.
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 85, small). It does better than 56% of them on solvency, 84% on liquidity, 46% on profitability and 71% 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €7.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.26, cash €2.5m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
34 days early
2023
16 days early
2022
99 days late
2021
34 days early
2020
40 days early
2019
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% 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 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
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
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €36,955 to €91,492 ▲ 148% View
  • Caution: Board changedlatest change 13-10-2026 · 8 in office 8 joined · 13 left View
  • Positive: More equity than 94% of companies in educationsector median €560,524 · 581 companies €4.7m View
  • Positive: 6 profitable years in a rowprofit 2025: €91,492 6 years View

Comparable companies

These companies have the same main activity as Wallonie Aerotraining Network: vocational training (NACE 85592). They are comparable in size and age: total assets between €5.7m and €11m, founded between 1998 and 2006.

CompanyTotal assetsGross margin
Wallonie Aerotraining Network Charleroi€7.8m€2.1m
TECHNOCITE Boussu€8.2m€3.0m
AutoFORM Liège€8.2m€2.2m
TECHNOFUTUR TIC Charleroi€10.6m€3.2m
CENTRE IFAPME MONS-BORINAGE-CENTRE Mons€5.7m€2.5m
FEBELFIN ACADEMY Sint-Joost-ten-Node€6.9m€2.2m
SYNTRA BRUSSEL Brussel€8.2m€3.9m
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Articles and registers

Key facts about Wallonie Aerotraining Network

What is the company number of Wallonie Aerotraining Network?
The company number of Wallonie Aerotraining Network is 0467.869.404. The VAT number is the same number with BE in front: BE 0467.869.404.
Where is Wallonie Aerotraining Network based?
The registered office is at Chaussée de Fleurus 179, 6041 Charleroi.Company details
What does Wallonie Aerotraining Network do?
According to the KBO register, the main activity is vocational training (NACE 85592).
What is the legal form of Wallonie Aerotraining Network?
The legal form of Wallonie Aerotraining Network is Non-profit association (VZW).
When was Wallonie Aerotraining Network founded?
Wallonie Aerotraining Network was founded on 02-04-1999.
Is Wallonie Aerotraining Network still active?
Yes, Wallonie Aerotraining Network is an active enterprise in the KBO register.
How many employees does Wallonie Aerotraining Network have?
Wallonie Aerotraining Network had an average of 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Wallonie Aerotraining Network?
The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €2.1m and 1,586 comparable companies of the same size. It probably lies between €2.5m and €6.0m. It is a rough estimate.
Is Wallonie Aerotraining Network profitable?
In financial year 2025, Wallonie Aerotraining Network made a profit of €91,492.
Where can I find the annual accounts of Wallonie Aerotraining Network?
Wallonie Aerotraining Network filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Wallonie Aerotraining Network due?
Wallonie Aerotraining Network must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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