Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Golden River Aviation Club from Mont-de-l'Enclus, company number BE0405383982, closed financial year 2025 with a result of € -1,913 after tax. For that financial year Golden River Aviation Club recorded revenue of € 1,039 and equity of € -460,432. Compared with financial year 2024, the result moved from € -1,306 to € -1,913. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -460,432
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,913
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 94
▲ 143% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 408,647
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 6,002 | € 1,039 | ▼ 83% |
| Gross margin | € 1,196 | € -337 | € -542 | € 298 | ▲ € 840 |
| Profit after taxes | € -3,752 | € -1,160 | € -1,306 | € -1,913 | ▼ € 607 |
| Equity | € -456,053 | € -457,213 | € -458,519 | € -460,432 | |
| Total debts | € 468,090 | € 457,488 | € 464,560 | € 460,527 | ▼ 1% |
| Cash | € 198 | - | € 39 | € 94 | ▲ 143% |
| Retained profit | € -456,053 | € -457,213 | € -458,519 | € -460,432 | |
| Bank debt | € 0 | € 58 | € 0 | € 0 | |
| Balance sheet total | € 12,037 | € 275 | € 6,041 | € 94 | ▼ 98% |
Key figures of Golden River Aviation Club, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Golden River Aviation Club?
What happened at Golden River Aviation Club in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,913. Source: NBB ↗
- New establishment in Mont-de-l'Enclus. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,752 loss in 2022 to € 1,913 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Rue Cache de Lannoy(AM) 6
7750 Mont-de-l'Enclus
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.383.982
- VAT number
- BE 0405.383.982
- Registered office
- Rue Cache de Lannoy(AM) 6, 7750 Mont-de-l'Enclus
- Names & denominations
- Golden River Aviation Club · G.R.A.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 16 June 1938
- Peppol
- Active · Active since 9 Jan 2026