Air transport

NACE 51

Current registrations526

Starters, 12 months35

Employment (FTE)5,011

Median age8.7 years

In NACE division 51, 6.7 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 57% of the 86 other NACE divisions. Comparison: as of 30-09-2026 05:30.

Key figures for NACE division 51

fiscal year 2025 · median over 195 filed annual accounts

Median solvency

36.5%

lower than 79% of 78 divisions

Median equity

€69,302

lower than 79% of 78 divisions

Median net result

€5,344

lower than 91% of 78 divisions

Annual accounts in sample

195

Foreign control in NACE division 51

362 registered companies

Companies with a foreign parent

0.8%

3 of 362; Belgium 0.3%

Staff at those companies

27%

1,497 of 5,545 FTE; Belgium 15%

Mostly from Switzerland (1), Germany (1) and Ireland (1).Show on the map by municipality

Bankruptcies

past five years

Bankruptcies (5y)

Historical share

1.14%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 51% of the 87 other NACE divisions. The median bankruptcy probability in NACE division 51 is 0.7%, against 0.5% nationally, over 276 scored companies. Comparison: as of 30-09-2026 05:30.

Regional split

by region · 365 of 526 enterprises with a registered office on file

Flanders 233 · 63.8%

Wallonia 77 · 21.1%

Brussels 32 · 8.8%

Unknown 23 · 6.3%

Recent bankruptcies in this sector

Date	Company
04-02-2026	AIRLINE SERVICE AGENT BE 0717.608.869
10-09-2025	SkyAngels BE 0505.607.550
07-05-2025	Air Belgium BE 0648.801.623
26-03-2024	Sole trader BE 0758.827.931 · Antwerpen
04-09-2023	BLUETAIL FLIGHT SCHOOL BE 0556.797.222
18-03-2022	SPA AIR SERVICE BE 0548.952.494

Geographic distribution

by province · based on the establishment address

West Flanders WVL 45

East Flanders OVL 53

Antwerp ANT 62

Flemish Brabant VLB 48

Limburg LIM 25

Brussels BRU 32

Hainaut HAI 21

Walloon Brabant WBR 17

Namur NAM 8

Liège LIE 29

Luxembourg LUX 2

fewer moremax 62

Where are this sector's balance sheets registered? By municipality, down to the address

Public money in this sector

per register · legal entities with an enterprise number

Flemish subsidies €9.8m awarded 32 recipients · 2022 to 2025 · largest: Werkingssubsidie S&S Nv Kortrijk-Wevelgem
Wallonia-Brussels Federation €16,000 paid 1 recipient · 2025 · largest: Dépenses de toute nature pour le financement de projets divers en liaison avec la politique de l'enseignement
EU budget €653,576 attributed share 3 recipients · 2021 to 2025 · largest: Decentralised Agencies, Joint Undertakings, EU institutions
EU research €552,960 eu contribution 2 recipients · 2016 to 2021 · largest: Horizon 2020

Explore every recipient in this sector

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 51 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The middle company of the sector, based on all filed annual accounts.