Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
BELAIR from Oostende, company number BE0440240042, closed financial year 2026 with a result of € -15,941 after tax. For that financial year BELAIR recorded a gross margin of € 585,436 and equity of € -203,307. Compared with financial year 2025, the result moved from € 36,283 to € -15,941. 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 September 21, 2026.
€ -203,307
▼ € 15,941 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,941
▼ still € 36,283 profit in 2025
Profit after tax over the fiscal year.
€ 41,450
▲ 18% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -253,307.
People and assets in 2026
13
▲ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 566,173
▲ 10% vs 2025
€ 43,600 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.
€ 1,508
▼ 74% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 31,897
▼ 51% vs 2025
Loans from banks and other lenders, long and short.
€ 188,038
▼ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 108,962
▲ 81% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 631,524 | € 698,782 | € 580,098 | € 585,436 | ▲ 1% |
| Profit after taxes | € 45,073 | € 102,830 | € 36,283 | € -15,941 | ▼ € 52,224 |
| Equity | € -326,480 | € -223,649 | € -187,366 | € -203,307 | ▼ € 15,941 |
| Total debts | € 480,664 | € 376,049 | € 359,434 | € 328,897 | ▼ 8% |
| Cash | € 22,523 | € 33,042 | € 35,093 | € 41,450 | ▲ 18% |
| Retained profit | € -376,480 | € -273,649 | € -237,366 | € -253,307 | ▼ € 15,941 |
| Bank debt | € 214,439 | € 105,025 | € 65,323 | € 31,897 | ▼ 51% |
| Balance sheet total | € 154,185 | € 152,399 | € 172,068 | € 125,591 | ▼ 27% |
| Employees (FTE) | 15 | 16.4 | 12.5 | 13 | ▲ 0.5 |
Key figures of BELAIR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BELAIR?
What happened at BELAIR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 15,941 (▼ € 52,224 vs 2025). Source: NBB ↗
- Jan Vercruysse became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,073 profit in 2023 to € 15,941 loss in 2026.
Paid € 552 in corporate taxes since 2023.
Best year ever: 2024, with € 102,830 profit.
On average € 45,000 of value added per employee in 2026.
Management
Behind BELAIR is Jan Vercruysse. It owns 25% of BELAIR DEURNE itself.
Directors
According to the 2026 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Nieuwpoortsesteenweg 887 box 7
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →GROW BENELUX
REGIONAAL PLATFORM LUCHTHAVEN OOSTENDE
ADOCA
LEM OOSTENDE - BRUGGE
€ 8.9 million revenue · 2025
NORTH SEA AVIATION CENTER
€ 652,916 gross margin · 2025
+6 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
- 0440.240.042
- VAT number
- BE 0440.240.042
- Registered office
- Nieuwpoortsesteenweg 887 bus 7, 8400 Oostende
- Names & denominations
- BELAIR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 1990
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Diensten in verband met de luchtvaart
Overige ondersteunende activiteiten i.v.m. de luchtvaart