Financials
Financial year 2025
BELGIAN AIR TRAVEL from Etterbeek, company number BE0420028311, closed financial year 2025 with a result of € -12,022 after tax. For that financial year BELGIAN AIR TRAVEL recorded a gross margin of € 278,379 and equity of € 492,005. Compared with financial year 2024, the result moved from € 32,941 to € -12,022. 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 January 9, 2026.
€ 492,005
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,022
▼ still € 32,941 profit in 2024
Profit after tax over the fiscal year.
€ 328,993
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 461,018.
People and assets in 2025
6.6
Average over the fiscal year, from the social balance sheet.
€ 270,680
▼ 2% vs 2024
€ 41,000 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
None
No bank loans on the last day of the fiscal year.
€ 132,129
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,002
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 156,733 | € 401,835 | € 372,104 | € 278,379 | ▼ 25% |
| Profit after taxes | € 6,660 | € 90,615 | € 32,941 | € -12,022 | ▼ € 44,963 |
| Equity | € 430,472 | € 521,087 | € 504,027 | € 492,005 | ▼ 2% |
| Total debts | € 788,497 | € 727,535 | € 661,695 | € 767,252 | ▲ 16% |
| Cash | € 257,935 | € 319,631 | € 261,243 | € 328,993 | ▲ 26% |
| Land & buildings | € 54,719 | € 48,720 | € 42,720 | € 39,609 | ▼ 7% |
| Retained profit | € 399,485 | € 490,100 | € 473,040 | € 461,018 | ▼ 3% |
| Dividend | € 0 | € 0 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 14,546 | € 1,119 | € 0 | € 0 | |
| Balance sheet total | € 1,218,969 | € 1,248,622 | € 1,165,722 | € 1,259,258 | ▲ 8% |
| Employees (FTE) | 5 | 5.6 | 6.6 | 6.6 |
Key figures of BELGIAN AIR TRAVEL, 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 BELGIAN AIR TRAVEL?
What happened at BELGIAN AIR TRAVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,022 (▼ € 44,963 vs 2024). Source: NBB ↗
- Pieter De Keersmaeker became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,660 profit in 2022 to € 12,022 loss in 2025.
Paid € 29,222 in corporate taxes since 2022.
Best year ever: 2023, with € 90,615 profit.
On average € 42,200 of value added per employee 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
Management
Behind BELGIAN AIR TRAVEL is Pieter De Keersmaeker.
Directors
According to the 2025 annual accounts
Pieter De Keersmaeker
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 75
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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€ 8,289 gross margin · 2025
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TO PLAY OR NOT productions
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Network
Details
- Company number
- 0420.028.311
- VAT number
- BE 0420.028.311
- Registered office
- Louis Schmidtlaan 75, 1040 Etterbeek
- Names & denominations
- BELGIAN AIR TRAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1980
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- belgianairtravel.be
- Activities · NACE
Activiteiten van reisbureaus
Reisbureaus