Active · per the CBE, 29 October 2026

SAL International Ground Handling Belgium

BE0449093172

Rechtspersoon Public limited company 2 establishments

SAL International Ground Handling Belgium is a logistics company in Grâce-Hollogne. Public Limited, started on 14 December 1992, 2 establishments.

Rue Saint-Exupéry 22, 4460 Grâce-Hollogne

Active for

33 year, 10 months

Financials

Financial year 2025

SAL International Ground Handling Belgium from Grâce-Hollogne, company number BE0449093172, closed financial year 2025 with a result of € -98,107 after tax. For that financial year SAL International Ground Handling Belgium recorded revenue of € 24.3 million and equity of € 9.6 million. Compared with financial year 2024, the result moved from € 3 million to € -98,107. 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 22, 2026.

What it is worth Healthy

€ 9.6 million

▼ 1% vs 2024

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

Loss Caution

€ -98,107

▼ still € 3 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,373

▲ 128% 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 € 8.1 million.

People and assets in 2025

Full-time equivalents

207.2

▲ 29 vs 2024

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

Wage cost

€ 14.4 million

▲ 10% vs 2024

€ 69,300 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.

Vehicles and equipment

€ 36,289

▼ 14% vs 2024

Of which on lease € 468.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 635,117

▼ 31% vs 2024

€ 308,804 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4.8 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 177 days on average.

Taxes and wages

€ 4.1 million

▼ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 22,923,590 € 25,821,786 € 28,667,209 € 24,316,224 ▼ 15%
Profit after taxes € 549,275 € 2,940,168 € 3,043,355 € -98,107 ▼ € 3.1 million
Equity € 3,750,377 € 6,690,545 € 9,733,900 € 9,635,793 ▼ 1%
Total debts € 7,433,555 € 8,866,659 € 10,662,182 € 9,608,894 ▼ 10%
Cash € 6,698 € 2,907 € 1,477 € 3,373 ▲ 128%
Retained profit € 2,250,377 € 5,190,545 € 8,233,900 € 8,135,793 ▼ 1%
Bank debt € 1,200,000 € 1,200,000 € 926,066 € 635,117 ▼ 31%
Balance sheet total € 11,377,615 € 15,761,387 € 20,510,232 € 19,315,613 ▼ 6%
Employees (FTE) 171.3 176 178.2 207.2 ▲ 29

Key figures of SAL International Ground Handling Belgium, 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 SAL International Ground Handling Belgium?

What happened at SAL International Ground Handling Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Richard Prince stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 98,107 (▼ € 3.1 million vs 2024). Source: NBB ↗
  • Richard Prince became a director. NBB
  • New establishment in Grâce-Hollogne. KBO
  • New establishment in Grâce-Hollogne. KBO
  • Start of the company according to the CBE. KBO

In short

From € 549,275 profit in 2022 to € 98,107 loss in 2025.

Paid € 694,404 in corporate taxes since 2022.

Best year ever: 2024, with € 3 million profit.

Pays suppliers within 177 days on average.

Management

The stake of Aviapartner Holding, Aviapartner Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SAL International Ground Handling Belgium

The shares are held by Aviapartner Holding (88.9%) and Aviapartner Belgium (6.1%).

Directors

According to the 2025 annual accounts

Richard Prince

Director

since 2024 · until 2031

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Saint-Exupéry 22

4460 Grâce-Hollogne

2.060.499.932

Aéroport de Liège sn

4460 Grâce-Hollogne

Active since 14 December 1992

2.255.481.909

Rue Saint-Exupéry 22B

4460 Grâce-Hollogne

Active since 29 April 2016

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

Details

Company number
0449.093.172
VAT number
BE 0449.093.172
Registered office
Rue Saint-Exupéry 22, 4460 Grâce-Hollogne
Names & denominations
SAL International Ground Handling Belgium
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
14 December 1992
Peppol
Active · Active since 18 Dec 2025
Activities · NACE

Diensten in verband met de luchtvaart

Frequently asked questions

What does SAL International Ground Handling Belgium do?
SAL International Ground Handling Belgium is a logistics company in Grâce-Hollogne. Public Limited, started on 14 December 1992, 2 establishments.
What is the address of SAL International Ground Handling Belgium?
The registered office of SAL International Ground Handling Belgium is located at Rue Saint-Exupéry 22, 4460 Grâce-Hollogne.
Is SAL International Ground Handling Belgium still active?
Yes. According to the CBE (29 October 2026) SAL International Ground Handling Belgium is active, legal situation “Normale toestand”, started on 14 December 1992.
Is SAL International Ground Handling Belgium registered on Peppol?
Yes, SAL International Ground Handling Belgium is registered on the Peppol network with ID 0208:0449093172.
What is the enterprise number of SAL International Ground Handling Belgium?
The enterprise number of SAL International Ground Handling Belgium is BE0449093172.
When was SAL International Ground Handling Belgium founded?
SAL International Ground Handling Belgium was founded on 14 December 1992.