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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Shrinking team NBB
FTE fell two years in a row, from 47.4 to 37.7.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AIR SERVICE LIEGE from Hasselt, company number BE0461940625, closed financial year 2025 with a result of € 276,049 after tax. For that financial year AIR SERVICE LIEGE recorded revenue of € 47.8 million and equity of € 11.6 million. Compared with financial year 2024, the result moved from € 1 million to € 276,049. 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 10, 2026.
€ 11.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 276,049
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 3.2 million
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
37.7
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 1% vs 2024
€ 73,400 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.
€ 2.7 million
▼ 48% vs 2024
Of which on lease € 497,556.
Debts at end 2025
€ 3.9 million
▼ 45% vs 2024
€ 439,203 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7.1 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 345,115
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 57,744,743 | € 51,912,506 | € 51,170,994 | € 47,836,224 | ▼ 7% |
| Profit after taxes | € 1,660,102 | € 1,184,156 | € 1,014,557 | € 276,049 | ▼ 73% |
| Equity | € 10,675,754 | € 11,259,909 | € 11,815,966 | € 11,592,015 | ▼ 2% |
| Total debts | € 18,067,061 | € 15,073,863 | € 18,633,301 | € 12,931,078 | ▼ 31% |
| Cash | € 2,395,163 | € 4,118,810 | € 3,112,939 | € 3,216,500 | ▲ 3% |
| Land & buildings | € 4,270,104 | € 3,861,561 | € 3,916,308 | € 3,505,447 | ▼ 10% |
| Retained profit | € 9,573,754 | € 10,157,909 | € 10,713,966 | € 10,490,015 | ▼ 2% |
| Dividend | € 600,000 | € 600,000 | € 458,500 | € 500,000 | ▲ 9% |
| Bank debt | € 4,201,208 | € 4,285,733 | € 7,140,299 | € 3,900,391 | ▼ 45% |
| Balance sheet total | € 28,858,447 | € 26,432,365 | € 30,530,743 | € 24,587,452 | ▼ 19% |
| Employees (FTE) | 48.9 | 47.4 | 39.2 | 37.7 | ▼ 1.5 |
Key figures of AIR SERVICE LIEGE, 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 AIR SERVICE LIEGE?
What happened at AIR SERVICE LIEGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 276,049 (▼ 73% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2022 to € 276,049 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.7 million profit.
Paid out € 2.2 million in dividends to the owners in total.
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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 ASL GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AIR SERVICE LIEGEBehind AIR SERVICE LIEGE are ASL Group BV, Elite Group NV and JOHAN MAERTENS BV. The shares are held by ASL GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Tony Beeuwsaert
Also active at: Blue Sky Aviation, Air Charters Europe, Asl Jet Handling
Managing director · represented by Philippe Bodson
Also active at: TOTAL EVENT SUPPORT, Blue Sky Aviation, Asl Fly Executive, Asl Jet Handling, ASL GROUP, TV LIMBURG
Director · represented by Johan Maertens
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voogdijstraat 29
3500 Hasselt
Luchthavenlei 1 box 11
2100 Antwerpen
Active since 1 December 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →SPORT COOP
€ 346,845 gross margin · 2025
TOTAL EVENT SUPPORT same network
€ 12.8 million revenue · 2025
FRANCESCO
€ 45,118 gross margin · 2025
BELGIUM IMMO AND TRADING COMPANY
€ 432,603 gross margin · 2025
JULIMO
€ 196,906 gross margin · 2025
+23 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
- 0461.940.625
- VAT number
- BE 0461.940.625
- Registered office
- Voogdijstraat 29, 3500 Hasselt
- Names & denominations
- AIR SERVICE LIEGE · A.S.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Luchtvaart zonder dienstregeling
Personenvervoer door de lucht