Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ALFA AIRLINES SERVICES from Vilvoorde, company number BE0508656419, closed financial year 2025 with a result of € -291,107 after tax. For that financial year ALFA AIRLINES SERVICES recorded a gross margin of € -66,345 and equity of € 1 million. Compared with financial year 2024, the result moved from € -219,303 to € -291,107. The company made a loss. 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 January 23, 2026.
€ 1 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -291,107
▼ 33 % more loss than in 2024
Profit after tax over the fiscal year.
€ 582,907
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 984,673.
People and assets in 2025
2.2
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 190,471
▼ 29% vs 2024
€ 86,600 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.
€ 39,615
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 318,598
▼ 10% vs 2024
€ 36,065 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 632,319
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,158
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,316,064 | € 834,733 | € 125,221 | € -66,345 | ▼ € 191,567 |
| Profit after taxes | € 1,585,349 | € 573,480 | € -219,303 | € -291,107 | ▼ € 71,804 |
| Equity | € 1,140,202 | € 1,513,682 | € 1,294,379 | € 1,003,273 | ▼ 22% |
| Total debts | € 3,184,336 | € 990,545 | € 700,770 | € 983,659 | ▲ 40% |
| Cash | € 1,594,272 | € 1,239,975 | € 639,840 | € 582,907 | ▼ 9% |
| Land & buildings | € 428,248 | € 404,898 | € 381,547 | € 358,197 | ▼ 6% |
| Retained profit | € 1,121,602 | € 1,495,082 | € 1,275,779 | € 984,673 | ▼ 23% |
| Dividend | € 1,100,000 | € 200,000 | € 0 | € 0 | |
| Bank debt | € 674,658 | € 411,900 | € 355,694 | € 318,598 | ▼ 10% |
| Balance sheet total | € 4,324,539 | € 2,504,227 | € 1,995,149 | € 1,986,932 | |
| Employees (FTE) | 2.4 | 2.5 | 3.3 | 2.2 | ▼ 1.1 |
Key figures of ALFA AIRLINES SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ALFA AIRLINES SERVICES?
What happened at ALFA AIRLINES SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 291,107. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Vilvoorde. KBO
In short
From € 1.6 million profit in 2022 to € 291,107 loss in 2025.
Paid € 597,979 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
On average € 37,900 of value added per employee in 2024.
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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 ALFA AIRLINES SERVICES are F.P. International Services BV and A.P.L.I. Services BV. It owns 100% of Alfa Airlines Services Denmark Aps c/o Lund Elmer Sandager, 100% of Alfa Airlines Services Sweden AB c/o Andersson, 100% of Alfa Airlines Services GmbH c/o Dornbach Treuhand, 100% of Alfa Airlines Services Norway AS and 34% of Alfa Global Airlines Services SP z.o.o. itself.
Directors
According to the 2025 annual accounts
F.P. International Services BV
Director · represented by Piccioni FABIO ANGELO
Director · represented by Piccioni ALDO EFISIO
Establishments
Establishment units
Physical locations of this company
Luchthavenlaan 25A
1800 Vilvoorde
Luchthavenlaan 25A box 1-4
1800 Vilvoorde
Active since 17 December 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.656.419
- VAT number
- BE 0508.656.419
- Registered office
- Luchthavenlaan 25A, 1800 Vilvoorde
- Names & denominations
- ALFA AIRLINES SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2012
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Diensten in verband met de luchtvaart
Logistieke diensten
Overige vervoerondersteunende activiteiten
Goederenvervoer over de weg
Goederenvervoer door de lucht