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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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Antwerp International School from Antwerpen, company number BE0408020404, closed financial year 2025 with a result of € 317,277 after tax. For that financial year Antwerp International School recorded revenue of € 10.8 million and equity of € 16.1 million. Compared with financial year 2024, the result moved from € -277,436 to € 317,277. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 4, 2025.
€ 16.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 317,277
▲ still € 277,436 loss in 2024
Profit after tax over the fiscal year.
€ 361,330
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
69.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.5 million
▲ 5% vs 2024
€ 107,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,990
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 588,063
▼ 67% vs 2024
€ 191,914 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 319,325
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 813,697
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,295,530 | € 8,932,066 | € 9,720,445 | € 10,815,006 | ▲ 11% |
| Profit after taxes | € 40,535 | € -176,907 | € -277,436 | € 317,277 | ▲ € 594,713 |
| Equity | € 16,261,730 | € 16,084,823 | € 15,807,387 | € 16,124,664 | ▲ 2% |
| Total debts | € 5,368,021 | € 5,415,987 | € 4,845,962 | € 3,078,116 | ▼ 36% |
| Cash | € 810,447 | € 1,222,100 | € 791,974 | € 361,330 | ▼ 54% |
| Land & buildings | € 18,121,870 | € 17,671,771 | € 17,260,352 | € 16,771,149 | ▼ 3% |
| Retained profit | € 1,364,165 | € 1,187,257 | € 909,822 | € 1,227,099 | ▲ 35% |
| Bank debt | € 2,549,327 | € 2,581,945 | € 1,792,689 | € 588,063 | ▼ 67% |
| Balance sheet total | € 21,629,751 | € 21,500,810 | € 20,653,349 | € 19,202,780 | ▼ 7% |
| Employees (FTE) | 69 | 65.2 | 68.4 | 69.5 | ▲ 1.1 |
Key figures of Antwerp International School, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Antwerp International School?
What happened at Antwerp International School in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ravikumar Bhansali stepped down as director. NBB
- Els De Cremer stepped down as director. NBB
- Shweta Mehta stepped down as director. NBB
- Niels Schillewaert stepped down as director. NBB
- Derickx Joost stepped down as director. NBB
- Bhanu Deb stepped down as director. NBB
- Christi Sexton stepped down as director. NBB
- Dirk Jan Storm stepped down as director. NBB
In short
From € 40,535 profit in 2022 to € 317,277 profit in 2025.
Best year ever: 2025, with € 317,277 profit.
Pays suppliers within 37 days on average.
Management
Behind Antwerp International School is Andreas Koini.
Directors
According to the 2025 annual accounts
Andreas Koini
Managing director
since 2021
Shweta Mehta
Director
since 2023 · until 2026
since 2020 · until 2026
since 2023 · until 2026
since 2021 · until 2027
Bhanu Deb
Director
since 2023 · until 2026
Barbara Oberreuther
Director
since 2022 · until 2025
since 2021 · until 2027
since 2019 · until 2025
Christi Sexton
Director
since 2023 · until 2026
Dirk Jan Storm
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Veltwijcklaan 180
2180 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.020.404
- VAT number
- BE 0408.020.404
- Registered office
- Veltwijcklaan 180, 2180 Antwerpen
- Names & denominations
- Antwerp International School · AIS
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 4 May 1967
- Peppol
- Active · Active since 6 May 2026
- Activities · NACE
Gewoon algemeen secundair onderwijs, neg
Internationaal algemeen voortgezet onderwijs
Gewoon kleuteronderwijs, neg
Gewoon lager onderwijs, neg