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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Figures corrected NBB
Corrected annual account filed for 2023.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
CAE TRAINING & SERVICES BRUSSELS from Steenokkerzeel, company number BE0439598654, closed financial year 2025 with a result of € 1 million after tax. For that financial year CAE TRAINING & SERVICES BRUSSELS recorded revenue of € 9 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -1.1 million to € 1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 1.5 million
▲ 230% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ still € 1.1 million loss in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4.3 million.
People and assets in 2025
19
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 12% vs 2024
€ 77,100 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.
€ 41,240
▲ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.5 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 143 days on average.
€ 331,271
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,302,803 | € 11,562,854 | € 7,867,263 | € 9,009,771 | ▲ 15% |
| Profit after taxes | € -1,240,174 | € -1,785,885 | € -1,125,880 | € 1,046,616 | ▲ € 2.2 million |
| Equity | € 16,869,763 | € 18,983,878 | € 454,506 | € 1,501,122 | ▲ 230% |
| Total debts | € 13,639,816 | € 9,114,810 | € 7,380,611 | € 6,352,913 | ▼ 14% |
| Cash | € 2,988,510 | € 1,033,904 | € 1,716,966 | € 1,283,015 | ▼ 25% |
| Retained profit | € -2,385,965 | € -4,171,850 | € -5,297,730 | € -4,251,114 | ▲ € 1 million |
| Bank debt | € 4,908,436 | € 1,450,000 | € 1,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 30,509,579 | € 28,098,688 | € 7,835,117 | € 8,298,520 | ▲ 6% |
| Employees (FTE) | 21.6 | 21.1 | 18.4 | 19 | ▲ 0.6 |
Key figures of CAE TRAINING & SERVICES BRUSSELS, 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 October 2026.
What happened to CAE TRAINING & SERVICES BRUSSELS?
What happened at CAE TRAINING & SERVICES BRUSSELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Onno Rijsdijk stepped down as director. NBB
- James William Cahill stepped down as director. NBB
- Garcia Elipe Jose Maria stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million. Source: NBB ↗
- Quentin O'Mahony became a director. NBB
- Harm Lucas Apollo stepped down as director. NBB
- Harm Lucas Apollo became a director. NBB
- James William Cahill became a director. NBB
In short
From € 1.2 million loss in 2022 to € 1 million profit in 2025.
Paid € 8,967 in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
Pays suppliers within 143 days on average.
A new publication or filing at CAE TRAINING & SERVICES BRUSSELS? We notify you, reason included.
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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
The stake of CAE CENTER BRUSSELS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CAE TRAINING & SERVICES BRUSSELSBehind CAE TRAINING & SERVICES BRUSSELS is Quentin O'Mahony. The shares are held by CAE CENTER BRUSSELS (100%). It owns 34% of SABENA FLIGHT ACADEMY itself.
Directors
According to the 2025 annual accounts
since 2024
Onno Rijsdijk
Director
since 2020 · until 2026
since 2021 · until 2026
Garcia Elipe Jose Maria
Director
since 2020 · until 2026
Harm Lucas Apollo
Director
since 2021 · until 2024
Shareholders
100%
Participations
SABENA FLIGHT ACADEMY
34%
Establishments
Establishment units
Physical locations of this company
Luchthavenlaan 201
1820 Steenokkerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.598.654
- VAT number
- BE 0439.598.654
- Registered office
- Luchthavenlaan 201, 1820 Steenokkerzeel
- Names & denominations
- CAE TRAINING & SERVICES BRUSSELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1990
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Diensten in verband met de luchtvaart
Overige ondersteunende activiteiten i.v.m. de luchtvaart
Vlieg- en vaaronderricht