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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ATLANTIC BALLOONING from Destelbergen, company number BE0467022534, closed financial year 2025 with a result of € 32,719 after tax. For that financial year ATLANTIC BALLOONING recorded a gross margin of € 187,670 and equity of € 520,852. Compared with financial year 2024, the result moved from € 55,636 to € 32,719. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 520,852
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,719
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 26,305
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,096 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 10,696
▼ 74% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 558,754
▼ 11% vs 2024
€ 72,914 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 96,662
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,775
▲ € 10,711 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 284,618 | € 231,841 | € 229,186 | € 187,670 | ▼ 18% |
| Profit after taxes | € 160,415 | € 55,975 | € 55,636 | € 32,719 | ▼ 41% |
| Equity | € 408,617 | € 464,592 | € 520,229 | € 520,852 | |
| Total debts | € 1,090,820 | € 962,692 | € 919,299 | € 821,424 | ▼ 11% |
| Cash | € 179,917 | € 61,319 | € 34,457 | € 26,305 | ▼ 24% |
| Land & buildings | € 958,466 | € 911,884 | € 862,096 | € 812,307 | ▼ 6% |
| Retained profit | € 398,701 | € 454,677 | € 510,313 | € 510,936 | |
| Dividend | € 0 | € 0 | € 0 | € 32,096 | |
| Bank debt | € 769,485 | € 700,528 | € 630,318 | € 558,754 | ▼ 11% |
| Balance sheet total | € 1,499,437 | € 1,427,284 | € 1,439,527 | € 1,342,276 | ▼ 7% |
Key figures of ATLANTIC BALLOONING, 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 ATLANTIC BALLOONING?
What happened at ATLANTIC BALLOONING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,719 (▼ 41% vs 2024). Source: NBB ↗
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 160,415 profit in 2022 to € 32,719 profit in 2025.
Paid € 82,608 in corporate taxes since 2022.
Best year ever: 2022, with € 160,415 profit.
Paid out € 32,096 in dividends to the owners in total.
Management
Behind ATLANTIC BALLOONING is Koen Audenaert.
Directors
According to the 2025 annual accounts
Koen Audenaert
Director
Establishments
Establishment units
Physical locations of this company
Palingstraat 87
9070 Destelbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.022.534
- VAT number
- BE 0467.022.534
- Registered office
- Palingstraat 87, 9070 Destelbergen
- Names & denominations
- ATLANTIC BALLOONING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1999
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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