Air transport

NACE 511

Current registrations452

Starters, 12 months · division 5135

Employment (FTE) · division 515,011

Median age · division 518.7 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 56% of the 87 NACE divisions. Comparison: as of 29-09-2026 05:30.

Key figures for NACE division 51

fiscal year 2025 · median over 195 filed annual accounts

Median solvency

36.5%

lower than 78% of 79 divisions

Median equity

€69,302

lower than 78% of 79 divisions

Median net result

€5,344

lower than 91% of 79 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

0.66%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is lower than that of 72% of the 88 NACE divisions. The median bankruptcy probability in NACE division 51 is 0.7%, against 0.5% nationally, over 276 scored companies. Comparison: as of 29-09-2026 05:30.

Regional split

by region · 299 of 452 enterprises with a registered office on file

Flanders 198 · 66.2%

Wallonia 60 · 20.1%

Brussels 22 · 7.4%

Unknown 19 · 6.4%

Recent bankruptcies in this sector

Date	Company
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

Geographic distribution

by province · based on the establishment address

West Flanders WVL 39

East Flanders OVL 52

Antwerp ANT 49

Flemish Brabant VLB 34

Limburg LIM 24

Brussels BRU 22

Hainaut HAI 17

Walloon Brabant WBR 15

Namur NAM 8

Liège LIE 18

Luxembourg LUX 2

fewer moremax 52

Where does this sector's wealth sit? By municipality, down to the street

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 511 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 key figures cover the whole NACE division 51, not NACE 511 on its own: there are too few filed annual accounts per five-digit code to compute them separately. The middle company of the sector, based on all filed annual accounts.