Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THE AVIATION FACTORY from Antwerpen, company number BE0472510556, closed financial year 2025 with a result of € 480,687 after tax. For that financial year THE AVIATION FACTORY recorded revenue of € 37.6 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 77,020 to € 480,687. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 1.7 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 480,687
▲ € 403,667 vs 2024
Profit after tax over the fiscal year.
€ 695,465
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 243,364 paid out
51 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.8
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 623,038
▲ 24% vs 2024
€ 91,600 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.
€ 158,816
▲ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,982
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 363,797
▲ 134% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 43,758,356 | € 39,539,465 | € 39,563,550 | € 37,550,307 | ▼ 5% |
| Profit after taxes | € 921,940 | € 734,766 | € 77,020 | € 480,687 | ▲ € 403,667 |
| Equity | € 1,000,000 | € 1,484,766 | € 1,484,766 | € 1,722,088 | ▲ 16% |
| Total debts | € 5,037,954 | € 5,769,200 | € 7,582,700 | € 5,229,105 | ▼ 31% |
| Cash | € 539,796 | € 696,869 | € 1,213,989 | € 695,465 | ▼ 43% |
| Retained profit | € 979,920 | € 1,464,686 | € 1,464,686 | € 1,702,008 | ▲ 16% |
| Dividend | € 858,255 | € 250,000 | € 77,020 | € 243,364 | ▲ 216% |
| Bank debt | € 7,803 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 6,037,954 | € 7,253,965 | € 9,067,466 | € 6,951,193 | ▼ 23% |
| Employees (FTE) | 4.6 | 5.9 | 6.4 | 6.8 | ▲ 0.4 |
Key figures of THE AVIATION FACTORY, 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 THE AVIATION FACTORY?
What happened at THE AVIATION FACTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 480,687 (▲ € 403,667 vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Karl Legein became a director. NBB
In short
From € 921,940 profit in 2022 to € 480,687 profit in 2025.
Paid € 866,213 in corporate taxes since 2022.
Best year ever: 2022, with € 921,940 profit.
Paid out € 1.4 million in dividends to the owners in total.
A new publication or filing at THE AVIATION FACTORY? We notify you, reason included.
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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
Behind THE AVIATION FACTORY are Thourist CV and Karl Legein. The shares are held by Thomas Van Meerbeeck, Kelly Boswell, Thourist, Leviathan and Karl Legein. It owns 75% of Vizion Air, 50% of Rad Lab, 50% of Zeus Aero and 40% of Tribus aero itself.
Directors
According to the 2025 annual accounts
Director · represented by Thomas Van Meerbeeck
Karl Legein
Director
Is a shareholder
Also active at: LEVIATHAN, VIZION AIR, TRIBUS.AERO, ZEUS.AERO, RAD LAB
since 2000
Participations
Establishments
Establishment units
Physical locations of this company
Luchthavenlei 1 box 71
2100 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →Royal Antwerp Aviation Club
JEUGD EN LUCHTVAART
Ben - Air Flight Academy
€ -315,630 gross margin · 2022
FLYING SERVICE
€ 93 million revenue · 2025
STYL AVIATION
€ 411,342 gross margin · 2024
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
the-aviation-factory.com
Registered
2000-07-12
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-07-12
Website info
Features
Security
Details
- Company number
- 0472.510.556
- VAT number
- BE 0472.510.556
- Registered office
- Luchthavenlei 1 bus 71, 2100 Antwerpen
- Names & denominations
- THE AVIATION FACTORY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2000
- Peppol
- Active · Active since 22 Nov 2024
- Contact
- the-aviation-factory.com
- Activities · NACE
Verhuur en lease van luchtvaartuigen
Verhuur van luchtvaartuigen
Luchtvaart zonder dienstregeling
Personenvervoer door de lucht