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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AIRLYS GROUP from Wielsbeke, company number BE0453294361, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year AIRLYS GROUP recorded revenue of € 1.3 million and equity of € 10.3 million. Compared with financial year 2024, the result moved from € 2.4 million to € 1.5 million. The company is profitable. 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 14, 2026.
€ 10.3 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 33,509
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.8
Average over the fiscal year, from the social balance sheet.
€ 269,091
▲ 5% vs 2024
€ 96,100 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.
€ 1,057
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,987
▲ € 16,091 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 38,007
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,435,680 | € 1,556,160 | € 1,551,870 | € 1,347,620 | ▼ 13% |
| Profit after taxes | € 1,375,691 | € 1,940,277 | € 2,444,340 | € 1,515,151 | ▼ 38% |
| Equity | € 11,504,024 | € 11,944,301 | € 13,788,641 | € 10,303,792 | ▼ 25% |
| Total debts | € 5,264,550 | € 5,197,861 | € 2,262,390 | € 8,157,149 | ▲ 261% |
| Cash | € 101,230 | € 69,269 | € 75,144 | € 33,509 | ▼ 55% |
| Retained profit | € 9,534,024 | € 9,974,301 | € 11,818,641 | € 8,333,792 | ▼ 29% |
| Dividend | € 1,050,000 | € 1,500,000 | € 600,000 | € 5,000,000 | ▲ € 4.4 million |
| Bank debt | € 1,642,857 | € 833,333 | € 325,397 | € 0 | ▼ 100% |
| Balance sheet total | € 16,768,574 | € 17,142,162 | € 16,051,031 | € 18,460,942 | ▲ 15% |
| Employees (FTE) | 2.7 | 2.8 | 2.8 | 2.8 |
Key figures of AIRLYS GROUP, 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 AIRLYS GROUP?
What happened at AIRLYS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AhieCon Comm.V. stepped down as director. NBB
- MarOdin Comm.V. stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 38% vs 2024). Source: NBB ↗
- AhieCon Comm.V. became a director. NBB
- MarOdin Comm.V. became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 631,923 in corporate taxes since 2022.
Best year ever: 2024, with € 2.4 million profit.
Paid out € 8.2 million in dividends to the owners in total.
Management
The stake of AHM Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AIRLYS GROUPThe shares are held by AHM Invest (100%). It owns 100% of Nordland NV, 100% of Kasteelbeek BV, 100% of Immo Ruedelys BV, 100% of Lysair NV and 100% of Bedelec NV itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Herbert Vandaele
Also active at: LYSAIR, BEDELEC, NORDLAND, Bedelec Services, IMMO RUEDELYS, KASTEELBEEK, AHM Invest, BEDELEC INVEST
since 2023 · until 2029
Managing director · represented by Alex Vanwolleghem
Also active at: LYSAIR, BEDELEC, NORDLAND, Bedelec Services, IMMO RUEDELYS, KASTEELBEEK, AHM Invest, BEDELEC INVEST
since 2023 · until 2029
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Vlasstraat(S.B.V.) 13
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LYSAIR same network
€ 11.9 million revenue · 2025
BEDELEC same network
€ 4.5 million gross margin · 2025
NORDLAND same network
€ 573,409 gross margin · 2025
IMMO RUEDELYS same network
€ 48,915 gross margin · 2025
VIJVELYS
+1 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
- 0453.294.361
- VAT number
- BE 0453.294.361
- Registered office
- Vlasstraat(S.B.V.) 13, 8710 Wielsbeke
- Names & denominations
- AIRLYS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 1994
- Peppol
- Active · Active since 26 Feb 2026
- Activities · NACE
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