Air transport

NACE 5121

Current registrations70

Starters, 12 months · division 5137

Employment (FTE) · division 515,214

Median age · division 518.7 years

In NACE division 51, 7.1 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 54% of the 87 NACE divisions. Comparison: as of 10-10-2026 05:30.

Key figures for NACE division 51

financial year 2025 · median over 223 filed annual accounts

Median solvency

38.8%

lower than 76% of 79 divisions

Median equity

€66,131

lower than 81% of 79 divisions

Median net result

€5,616

lower than 87% of 79 divisions

Annual accounts in sample

223

Foreign control in NACE division 51

361 registered companies

Companies with a foreign parent

0.8%

3 of 361; Belgium 0.3%

Staff at those companies

27%

1,497 of 5,540 FTE; Belgium 15%

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

Staff cost per FTE in NACE division 51

29 employers

Median

€86,900

Belgium €61,300

Middle half

€66,800 to €96,200

half of the employers lie between

Place among sectors

6 of 78

by median staff cost per FTE

Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench

Bankruptcies

past five years

Bankruptcies (5y)

Historical share

2.86%

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 85% of the 88 NACE divisions. The median bankruptcy probability in NACE division 51 is 0.4%, against 0.2% nationally, over 277 scored companies. Comparison: as of 10-10-2026 05:30.

Regional split

by region · 62 of 70 enterprises with a registered office on file

Flanders 31 · 50.0%

Wallonia 18 · 29.0%

Brussels 10 · 16.1%

Unknown 3 · 4.8%

Recent bankruptcies in this sector

Date	Company
10-09-2025	SkyAngels BE 0505.607.550
18-03-2022	SPA AIR SERVICE BE 0548.952.494

Geographic distribution

by province · based on the establishment address

West Flanders WVL 5

East Flanders OVL 1

Antwerp ANT 11

Flemish Brabant VLB 13

Limburg LIM 1

Brussels BRU 10

Hainaut HAI 4

Walloon Brabant WBR 3

Namur NAM 0

Liège LIE 11

Luxembourg LUX 0

fewer moremax 13

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

Subsidies 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 5121 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 5121 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.