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Air transport

NACE 51100
Enterprises462
Bankruptcies (5y)4
Failure rate0.87%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is lower than that of 55% of the 88 NACE divisions. The median bankruptcy probability in NACE division 51 is 0.7%, against 0.5% nationally, over 268 scored companies.

Key figures for NACE division 51

fiscal year 2025 · median over 193 filed annual accounts
Median solvency
37.7%
lower than 78% of 79 divisions
Median equity
€69k
lower than 81% of 79 divisions
Median net result
€5k
lower than 90% of 79 divisions
Annual accounts in sample
193

Regional split

by region · 306 of 462 enterprises with a registered office on file
Vlaanderen 203 · 66.3%
Wallonië 60 · 19.6%
Brussel 24 · 7.8%
Unknown 19 · 6.2%

Recent bankruptcies in this sector

4
Date Company
07-05-2025 Air Belgium
BE 0648.801.623
07-05-2025 MUMI
BE 0864.176.364
26-03-2024 Nabavieh, Kiarash
BE 0758.827.931
04-09-2023 BLUETAIL FLIGHT SCHOOL
BE 0556.797.222

Geographic distribution

by province · based on the establishment address
fewer moremax 53
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 51100 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

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 51100 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.