What does ICELANDAIR LOGISTIC do?

ICELANDAIR LOGISTIC is a logistics company in Grâce-Hollogne. Public Limited, started on 12 June 2001, 1 establishment.

What is the address of ICELANDAIR LOGISTIC?

The registered office of ICELANDAIR LOGISTIC is located at Rue Saint-Exupéry SN, 4460 Grâce-Hollogne.

Is ICELANDAIR LOGISTIC still active?

Yes. According to the CBE (31 October 2026) ICELANDAIR LOGISTIC is active, legal situation “Normale toestand”, started on 12 June 2001.

Is ICELANDAIR LOGISTIC registered on Peppol?

Yes, ICELANDAIR LOGISTIC is registered on the Peppol network with ID 0208:0474976435.

What is the enterprise number of ICELANDAIR LOGISTIC?

The enterprise number of ICELANDAIR LOGISTIC is BE0474976435.

When was ICELANDAIR LOGISTIC founded?

ICELANDAIR LOGISTIC was founded on 12 June 2001.

Who are the directors of ICELANDAIR LOGISTIC?

According to the 2025 annual accounts, the directors of ICELANDAIR LOGISTIC are: Sigurgeir Mar Halldorsson, Kristjan Sigurdur Arnason, Einar Mar Gudmundsson, Inga Björk Gudmundsdottir.

Is ICELANDAIR LOGISTIC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 June 2001; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did ICELANDAIR LOGISTIC make in 2025?

ICELANDAIR LOGISTIC posted a profit after taxes of € 77,370 in financial year 2025.

What is the revenue of ICELANDAIR LOGISTIC?

As a small company, ICELANDAIR LOGISTIC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 813,803.

How much does an employee at ICELANDAIR LOGISTIC earn?

The average wage cost per full-time employee at ICELANDAIR LOGISTIC was € 126,300 in 2025: staff costs of € 681,876 for 5.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ICELANDAIR LOGISTIC have?

According to the 2025 annual accounts, ICELANDAIR LOGISTIC has 5.4 full-time equivalents (FTE).

ICELANDAIR LOGISTIC (Public Limited) - Grâce-Hollogne

Dossier ICELANDAIR LOGISTIC, printed on 1 November 2026 from databakkes.be/en/0474976435/icelandair-logistic. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 7.6 to 5.4.

Financials

Financial year 2025

ICELANDAIR LOGISTIC from Grâce-Hollogne, company number BE0474976435, closed financial year 2025 with a result of € 77,370 after tax. For that financial year ICELANDAIR LOGISTIC recorded a gross margin of € 813,803 and equity of € 293,063. Compared with financial year 2024, the result moved from € 2,772 to € 77,370. Profitable, and profit is growing. 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.

What it is worth Growing

€ 293,063

▲ 36% vs 2024

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

Profit Growing

€ 77,370

▲ € 74,598 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 289,241

▲ 52% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 181,063.

People and assets in 2025

Full-time equivalents

5.4

▼ 1.4 vs 2024

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

Wage cost

€ 681,876

▼ 15% vs 2024

€ 126,300 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

€ 52,652

▼ 25% vs 2024

Of which on lease € 52,412.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 61,635

▼ 23% vs 2024

€ 19,549 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 167,753

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 128,747

▲ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 784,235 Gross margin 2022: € 784,235 First fiscal year in the series	€ 817,730 Gross margin 2023: € 817,730 ▲ 4% vs 2022 (€ 784,235) Favourable step	€ 847,425 Gross margin 2024: € 847,425 ▲ 4% vs 2023 (€ 817,730) Favourable step	€ 813,803 Gross margin 2025: € 813,803 ▼ 4% vs 2024 (€ 847,425) Unfavourable step	▼ 4%
Profit after taxes	€ 160,882 Profit after taxes 2022: € 160,882 First fiscal year in the series	€ -591 Profit after taxes 2023: € -591 ▼ € 161,473 vs 2022 (€ 160,882) Unfavourable step	€ 2,772 Profit after taxes 2024: € 2,772 ▲ € 3,363 vs 2023 (€ -591) Favourable step	€ 77,370 Profit after taxes 2025: € 77,370 ▲ € 74,598 vs 2024 (€ 2,772) Favourable step	▲ € 74,598
Equity	€ 463,512 Equity 2022: € 463,512 First fiscal year in the series	€ 212,921 Equity 2023: € 212,921 ▼ 54% vs 2022 (€ 463,512) Unfavourable step	€ 215,693 Equity 2024: € 215,693 ▲ 1% vs 2023 (€ 212,921) Favourable step	€ 293,063 Equity 2025: € 293,063 ▲ 36% vs 2024 (€ 215,693) Favourable step	▲ 36%
Total debts	€ 945,293 Total debts 2022: € 945,293 First fiscal year in the series	€ 793,544 Total debts 2023: € 793,544 ▼ 16% vs 2022 (€ 945,293) Favourable step	€ 370,688 Total debts 2024: € 370,688 ▼ 53% vs 2023 (€ 793,544) Favourable step	€ 363,136 Total debts 2025: € 363,136 ▼ 2% vs 2024 (€ 370,688) Favourable step	▼ 2%
Cash	€ 1,083,981 Cash 2022: € 1,083,981 First fiscal year in the series	€ 651,227 Cash 2023: € 651,227 ▼ 40% vs 2022 (€ 1,083,981) Unfavourable step	€ 190,535 Cash 2024: € 190,535 ▼ 71% vs 2023 (€ 651,227) Unfavourable step	€ 289,241 Cash 2025: € 289,241 ▲ 52% vs 2024 (€ 190,535) Favourable step	▲ 52%
Retained profit	€ 351,512 Retained profit 2022: € 351,512 First fiscal year in the series	€ 100,921 Retained profit 2023: € 100,921 ▼ 71% vs 2022 (€ 351,512) Unfavourable step	€ 103,693 Retained profit 2024: € 103,693 ▲ 3% vs 2023 (€ 100,921) Favourable step	€ 181,063 Retained profit 2025: € 181,063 ▲ 75% vs 2024 (€ 103,693) Favourable step	▲ 75%
Dividend	€ 330,000 Dividend 2022: € 330,000 First fiscal year in the series	€ 250,000 Dividend 2023: € 250,000 ▼ 24% vs 2022 (€ 330,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 250,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 114,861 Bank debt 2022: € 114,861 First fiscal year in the series	€ 97,979 Bank debt 2023: € 97,979 ▼ 15% vs 2022 (€ 114,861) Favourable step	€ 80,251 Bank debt 2024: € 80,251 ▼ 18% vs 2023 (€ 97,979) Favourable step	€ 61,635 Bank debt 2025: € 61,635 ▼ 23% vs 2024 (€ 80,251) Favourable step	▼ 23%
Balance sheet total	€ 1,408,805 Balance sheet total 2022: € 1,408,805 First fiscal year in the series	€ 1,006,464 Balance sheet total 2023: € 1,006,464 ▼ 29% vs 2022 (€ 1,408,805) Unchanged	€ 586,381 Balance sheet total 2024: € 586,381 ▼ 42% vs 2023 (€ 1,006,464) Unchanged	€ 656,199 Balance sheet total 2025: € 656,199 ▲ 12% vs 2024 (€ 586,381) Unchanged	▲ 12%
Employees (FTE)	5.1 Employees (FTE) 2022: 5.1 First fiscal year in the series	7.6 Employees (FTE) 2023: 7.6 ▲ 2.5 vs 2022 (5.1) Unchanged	6.8 Employees (FTE) 2024: 6.8 ▼ 0.8 vs 2023 (7.6) Unchanged	5.4 Employees (FTE) 2025: 5.4 ▼ 1.4 vs 2024 (6.8) Unchanged	▼ 1.4

Key figures of ICELANDAIR LOGISTIC, 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 ICELANDAIR LOGISTIC?

What happened at ICELANDAIR LOGISTIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Sigurgeir Mar Halldorsson stepped down as director. NBB
2029 Kristjan Sigurdur Arnason stepped down as director. NBB
2029 Einar Mar Gudmundsson stepped down as director. NBB
2029 Inga Björk Gudmundsdottir stepped down as director. NBB
Jul 30, 2026 New annual accounts for financial year 2025: profit of € 77,370 (▲ € 74,598 vs 2024). Source: NBB ↗
2024 Kristjan Sigurdur Arnason became a director. NBB
2024 Inga Björk Gudmundsdottir became a director. NBB
2024 Sigurgeir Mar Halldorsson became a director. NBB

In short

From € 160,882 profit in 2022 to € 77,370 profit in 2025.

Paid € 127,767 in corporate taxes since 2022.

Best year ever: 2022, with € 160,882 profit.

On average € 150,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Sigurgeir Mar Halldorsson

Director

since 2024 · until 2029

Kristjan Sigurdur Arnason

Personne déléguée à la gestion journalière

since 2024 · until 2029

Einar Mar Gudmundsson

Managing director

since 2024 · until 2029

Inga Björk Gudmundsdottir

Personne déléguée à la gestion journalière

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Saint-Exupéry SN

4460 Grâce-Hollogne

2.136.040.562

Rue Saint-Exupéry Bat 16

4460 Grâce-Hollogne

Active since 6 June 2001

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

Details

Company number

0474.976.435

VAT number

BE 0474.976.435

Registered office

Rue Saint-Exupéry SN, 4460 Grâce-Hollogne

Names & denominations

ICELANDAIR LOGISTIC · I.A.L.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 June 2001

Peppol

Active · Active since 27 Nov 2025

Activities · NACE

Logistieke diensten

Bevrachting

Luchtvaart volgens dienstregeling

Goederenvervoer door de lucht

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

ICELANDAIR LOGISTIC

Warning lights

Financials

What happened to ICELANDAIR LOGISTIC?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions