What does BELAIRBUS do?

BELAIRBUS is a market research agency in Waterloo. Public Limited, started on 30 March 1979, 1 establishment.

What is the address of BELAIRBUS?

The registered office of BELAIRBUS is located at Drève Richelle 161 box 57, 1410 Waterloo.

Is BELAIRBUS still active?

Yes. According to the CBE (29 October 2026) BELAIRBUS is active, legal situation “Normale toestand”, started on 30 March 1979.

Is BELAIRBUS registered on Peppol?

Yes, BELAIRBUS is registered on the Peppol network with ID 0208:0419290121.

What is the enterprise number of BELAIRBUS?

The enterprise number of BELAIRBUS is BE0419290121.

When was BELAIRBUS founded?

BELAIRBUS was founded on 30 March 1979.

Who are the directors of BELAIRBUS?

According to the 2025 annual accounts, the directors of BELAIRBUS are: Nicolas van den Broek, Pierre Sonveaux, Nathalie Rogister, Thibault Carrier, Yves Delatte, Jean-Christophe Seynaeve.

Is BELAIRBUS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 March 1979; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did BELAIRBUS make in 2025?

BELAIRBUS recorded a loss after taxes of € 51,070 in financial year 2025.

How much does an employee at BELAIRBUS earn?

The average wage cost per full-time employee at BELAIRBUS was € 42,100 in 2025: staff costs of € 54,743 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELAIRBUS have?

According to the 2025 annual accounts, BELAIRBUS has 1.3 full-time equivalents (FTE).

BELAIRBUS (Public Limited) - Waterloo - BE0419290121

Dossier BELAIRBUS, printed on 29 October 2026 from databakkes.be/en/0419290121/belairbus. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

BELAIRBUS from Waterloo, company number BE0419290121, closed financial year 2025 with a result of € -51,070 after tax. Compared with financial year 2024, the result moved from € -99,150 to € -51,070. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.

What it is worth Healthy

€ 1.1 million

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -51,070

▲ 48 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 210,113

▲ € 163,193 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 762,015.

People and assets in 2025

Full-time equivalents

1.3

▼ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 67,857 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 54,743

▼ 43% vs 2024

€ 42,100 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,713

▼ 99% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 277,457,662 Revenue 2022: € 277,457,662 First fiscal year in the series	€ 293,983,866 Revenue 2023: € 293,983,866 ▲ 6% vs 2022 (€ 277,457,662) Favourable step	€ 320,676 Revenue 2024: € 320,676 ▼ € 293.7 million vs 2023 (€ 293,983,866) Unfavourable step	-
Profit after taxes	€ 75,395 Profit after taxes 2022: € 75,395 First fiscal year in the series	€ -62,521 Profit after taxes 2023: € -62,521 ▼ € 137,915 vs 2022 (€ 75,395) Unfavourable step	€ -99,150 Profit after taxes 2024: € -99,150 ▼ € 36,629 vs 2023 (€ -62,521) Unfavourable step	€ -51,070 Profit after taxes 2025: € -51,070 ▲ € 48,079 vs 2024 (€ -99,150) Favourable step	▲ € 48,079
Equity	€ 1,346,596 Equity 2022: € 1,346,596 First fiscal year in the series	€ 1,284,076 Equity 2023: € 1,284,076 ▼ 5% vs 2022 (€ 1,346,596) Unfavourable step	€ 1,184,926 Equity 2024: € 1,184,926 ▼ 8% vs 2023 (€ 1,284,076) Unfavourable step	€ 1,133,856 Equity 2025: € 1,133,856 ▼ 4% vs 2024 (€ 1,184,926) Unfavourable step	▼ 4%
Total debts	€ 100,678,773 Total debts 2022: € 100,678,773 First fiscal year in the series	€ 97,872,258 Total debts 2023: € 97,872,258 ▼ 3% vs 2022 (€ 100,678,773) Favourable step	€ 911,455 Total debts 2024: € 911,455 ▼ 99% vs 2023 (€ 97,872,258) Favourable step	€ 14,471 Total debts 2025: € 14,471 ▼ 98% vs 2024 (€ 911,455) Favourable step	▼ 98%
Cash	€ 3,127,787 Cash 2022: € 3,127,787 First fiscal year in the series	€ 1,142,579 Cash 2023: € 1,142,579 ▼ 63% vs 2022 (€ 3,127,787) Unfavourable step	€ 46,920 Cash 2024: € 46,920 ▼ 96% vs 2023 (€ 1,142,579) Unfavourable step	€ 210,113 Cash 2025: € 210,113 ▲ € 163,193 vs 2024 (€ 46,920) Favourable step	▲ € 163,193
Retained profit	€ 974,756 Retained profit 2022: € 974,756 First fiscal year in the series	€ 912,235 Retained profit 2023: € 912,235 ▼ 6% vs 2022 (€ 974,756) Unfavourable step	€ 813,086 Retained profit 2024: € 813,086 ▼ 11% vs 2023 (€ 912,235) Unfavourable step	€ 762,015 Retained profit 2025: € 762,015 ▼ 6% vs 2024 (€ 813,086) Unfavourable step	▼ 6%
Bank debt	€ 5,145,704 Bank debt 2022: € 5,145,704 First fiscal year in the series	€ 3,403,418 Bank debt 2023: € 3,403,418 ▼ 34% vs 2022 (€ 5,145,704) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 3,403,418) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 102,333,165 Balance sheet total 2022: € 102,333,165 First fiscal year in the series	€ 99,464,129 Balance sheet total 2023: € 99,464,129 ▼ 3% vs 2022 (€ 102,333,165) Unchanged	€ 2,408,651 Balance sheet total 2024: € 2,408,651 ▼ 98% vs 2023 (€ 99,464,129) Unchanged	€ 1,148,326 Balance sheet total 2025: € 1,148,326 ▼ 52% vs 2024 (€ 2,408,651) Unchanged	▼ 52%
Employees (FTE)	1.8 Employees (FTE) 2022: 1.8 First fiscal year in the series	1.8 Employees (FTE) 2023: 1.8 Unchanged (1.8) Unchanged	1.8 Employees (FTE) 2024: 1.8 Unchanged (1.8) Unchanged	1.3 Employees (FTE) 2025: 1.3 ▼ 0.5 vs 2024 (1.8) Unchanged	▼ 0.5

Key figures of BELAIRBUS, 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 BELAIRBUS?

What happened at BELAIRBUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Nicolas van den Broek stepped down as director. NBB
2029 Pierre Sonveaux stepped down as director. NBB
2029 Nathalie Rogister stepped down as director. NBB
2029 Thibault Carrier stepped down as director. NBB
2029 Yves Delatte stepped down as director. NBB
2029 Jean-Christophe Seynaeve stepped down as director. NBB
Jul 24, 2026 New annual accounts for financial year 2025: loss of € 51,070. Source: NBB ↗
2023 Nicolas van den Broek became a director. NBB

In short

From € 75,395 profit in 2022 to € 51,070 loss in 2025.

Paid € 1,058 in corporate taxes since 2022.

Best year ever: 2022, with € 75,395 profit.

Pays suppliers within 36 days on average.

Original PDFs at the National Bank ↗

Management

Société Nationale de Construction Aérospatiale 58.8%

ASCO INDUSTRIES 20%

ASCO MANAGEMENT 14.8%

The stake of Société Nationale de Construction Aérospatiale, ASCO INDUSTRIES, ASCO MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BELAIRBUS

The shares are held by Société Nationale de Construction Aérospatiale (58.8%), ASCO INDUSTRIES (20%) and ASCO MANAGEMENT (14.8%).

Directors

According to the 2025 annual accounts

Nicolas van den Broek

Director

Also active at: FLABEL CORPORATION, NIVAC

since 2023 · until 2029

Pierre Sonveaux

Chairman of the board

since 2023 · until 2029

Nathalie Rogister

Vice-chairman of the board

since 2023 · until 2029

Thibault Carrier

Director

since 2023 · until 2029

Yves Delatte

Director

Also active at: Société Nationale de Construction Aérospatiale, SONACA VENTURES HOLDING, Sonaca Aircraft, Ignition!, BeLightning

since 2023 · until 2029

Jean-Christophe Seynaeve

Vice-chairman of the board

Also active at: IG Watteeuw International, HONTZOCHT, BMT Eurair, PADDEPOELE, CHOCOSONIFY, BMT Aerospace International, OMCO INTERNATIONAL, PHOENIX +6 more

since 2023 · until 2029

Shareholders

Société Nationale de Construction Aérospatiale

58.8%

ASCO INDUSTRIES

20%

ASCO MANAGEMENT

14.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Drève Richelle 161 box 57

1410 Waterloo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

B- FINANCES

€ -13,888 gross margin · 2025

BATIMELEC

€ 15,076 gross margin · 2024

INTERNATIONAL MONTAGE MAINTENANCE

€ 11.5 million revenue · 2025

H.A.B.S.

€ -18,903 gross margin · 2026

EUROPEAN PERFORMANCE INSTITUTE

+4 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0419.290.121

VAT number

BE 0419.290.121

Registered office

Drève Richelle 161 bus 57, 1410 Waterloo

Names & denominations

BELAIRBUS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 March 1979

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Markt- en opinieonderzoek

Marktonderzoekbureaus

View on CBE Public ↗ Annual accounts (NBB) ↗

BELAIRBUS

Warning lights

Financials

What happened to BELAIRBUS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions