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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GILYJAN Aviation from Knokke-Heist, company number BE0508627616, closed financial year 2025 with a result of € 191,172 after tax. For that financial year GILYJAN Aviation recorded a gross margin of € 330,012 and equity of € 1 million. Compared with financial year 2024, the result moved from € 160,622 to € 191,172. 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 August 27, 2026.
€ 1 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 191,172
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 116,105
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1 million.
People and assets in 2025
€ 1,264
▼ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 115,166
▼ 51% vs 2024
€ 104,749 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 82,908
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,197
▼ 28% 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 | € 258,447 | € 209,769 | € 300,708 | € 330,012 | ▲ 10% |
| Profit after taxes | € 112,872 | € 104,323 | € 160,622 | € 191,172 | ▲ 19% |
| Equity | € 577,893 | € 682,216 | € 842,838 | € 1,034,010 | ▲ 23% |
| Total debts | € 793,018 | € 635,024 | € 546,500 | € 282,543 | ▼ 48% |
| Cash | € 510,526 | € 363,974 | € 254,414 | € 116,105 | ▼ 54% |
| Land & buildings | € 794,724 | € 764,121 | € 1,069,473 | € 1,107,725 | ▲ 4% |
| Retained profit | € 559,293 | € 663,616 | € 824,238 | € 1,015,410 | ▲ 23% |
| Bank debt | € 478,915 | € 355,905 | € 235,943 | € 115,166 | ▼ 51% |
| Balance sheet total | € 1,370,911 | € 1,317,240 | € 1,389,338 | € 1,316,553 | ▼ 5% |
Key figures of GILYJAN Aviation, 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 GILYJAN Aviation?
What happened at GILYJAN Aviation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 191,172 (▲ 19% vs 2024). filed late Source: NBB ↗
- New establishment in Opwijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 112,872 profit in 2022 to € 191,172 profit in 2025.
Paid € 288,292 in corporate taxes since 2022.
Best year ever: 2025, with € 191,172 profit.
Management
Behind GILYJAN Aviation is Steven Palstermans. Steven Palstermans is also behind BRIDGE AVIATION, CREDES, ARES and BP PRECISION AIRLINE SERVICES.
Directors
According to the 2025 annual accounts
Steven Palstermans
Director
Also active at: BRIDGE AVIATION, CREDES, ARES, BP PRECISION AIRLINE SERVICES
Establishments
Establishment units
Physical locations of this company
Nestor de Tièrestraat 30 box 2
8300 Knokke-Heist
Kapelleweg 20
1745 Opwijk
Active since 20 December 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.627.616
- VAT number
- BE 0508.627.616
- Registered office
- Nestor de Tièrestraat 30 bus 2, 8300 Knokke-Heist
- Names & denominations
- GILYJAN Aviation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2012
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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