Active · per the CBE, 16 September 2026

Blue Sky Aviation

BE0527924676

Rechtspersoon Cooperative company 1 establishment

Blue Sky Aviation is a repair and maintenance company in Hasselt. Cooperative, started on 23 April 2013, 1 establishment.

Voogdijstraat 29, 3500 Hasselt

Behind the company: BBS Projects BV, ASL Group BV, Elite Group NV.

Active for

13 year, 4 months

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

    28 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Blue Sky Aviation from Hasselt, company number BE0527924676, closed financial year 2025 with a result of € -295,201 after tax. For that financial year Blue Sky Aviation recorded revenue of € 9.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 158,430 to € -295,201. 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 July 10, 2026.

What it is worth Healthy

€ 1.7 million

▼ 16% vs 2024

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

Loss Caution

€ -295,201

▼ still € 158,430 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 766,358

▼ 7% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 664,830.

People and assets in 2025

Full-time equivalents

1

▼ 1 vs 2024

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

Wage cost

€ 111,044

▼ 26% vs 2024

€ 111,000 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

€ 2 million

▲ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 244,024

▼ 39% vs 2024

€ 53,534 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2.6 million

▼ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.

Taxes and wages

€ 16,863

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 12,430,432 € 9,556,696 € 8,871,620 € 9,206,328 ▲ 4%
Profit after taxes € 261,628 € 210,250 € 158,430 € -295,201 ▼ € 453,631
Equity € 1,887,852 € 1,990,602 € 2,071,531 € 1,746,330 ▼ 16%
Total debts € 3,866,864 € 2,747,107 € 3,212,351 € 3,145,941 ▼ 2%
Cash € 862,259 € 941,170 € 820,756 € 766,358 ▼ 7%
Retained profit € 721,352 € 851,602 € 960,031 € 664,830 ▼ 31%
Dividend € 0 € 80,000 € 50,000 € 0 ▼ 100%
Bank debt € 776,964 € 621,469 € 400,920 € 244,024 ▼ 39%
Balance sheet total € 5,754,717 € 4,737,709 € 5,283,883 € 4,892,271 ▼ 7%
Employees (FTE) - 1.4 2 1 ▼ 1

Key figures of Blue Sky 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 Blue Sky Aviation?

What happened at Blue Sky Aviation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 295,201 (▼ € 453,631 vs 2024). Source: NBB ↗
  • New establishment in Hasselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 261,628 profit in 2022 to € 295,201 loss in 2025.

Paid € 106,454 in corporate taxes since 2022.

Best year ever: 2022, with € 261,628 profit.

Paid out € 130,000 in dividends to the owners in total.

Management

The stake of TYCHE INVESTMENTS, A.G.S., SECULUX, ASL Airlines Belgium, SB-INVEST, WHC LABS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Blue Sky Aviation

Behind Blue Sky Aviation are BBS Projects BV, ASL Group BV and Elite Group NV. The shares are held by TYCHE INVESTMENTS (20.1%), A.G.S. (20%), SECULUX (10%), ASL Airlines Belgium (0%), SB-INVEST and WHC LABS.

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Directors

According to the 2025 annual accounts

BBS Projects BV

Managing director · represented by Bjorn Mollet

ASL Group BV

Director · represented by Tony Beeuwaert

Also active at: AIR SERVICE LIEGE, Air Charters Europe, Asl Jet Handling

Elite Group NV

Managing director · represented by Bodson Philippe

Also active at: TOTAL EVENT SUPPORT, AIR SERVICE LIEGE, Asl Fly Executive, Asl Jet Handling, ASL GROUP, TV LIMBURG

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Voogdijstraat 29

3500 Hasselt

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

Details

Company number
0527.924.676
VAT number
BE 0527.924.676
Registered office
Voogdijstraat 29, 3500 Hasselt
Names & denominations
Blue Sky Aviation
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Normale toestand
Start date
23 April 2013
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Reparatie en onderhoud van civiele lucht- en ruimtevaartuigen

Personenvervoer door de lucht

Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen

Verhuur en lease van luchtvaartuigen

Diensten in verband met de luchtvaart

Frequently asked questions

What does Blue Sky Aviation do?
Blue Sky Aviation is a repair and maintenance company in Hasselt. Cooperative, started on 23 April 2013, 1 establishment.
What is the address of Blue Sky Aviation?
The registered office of Blue Sky Aviation is located at Voogdijstraat 29, 3500 Hasselt.
Is Blue Sky Aviation still active?
Yes. According to the CBE (16 September 2026) Blue Sky Aviation is active, legal situation “Normale toestand”, started on 23 April 2013.
Is Blue Sky Aviation registered on Peppol?
Yes, Blue Sky Aviation is registered on the Peppol network with ID 0208:0527924676.
What is the enterprise number of Blue Sky Aviation?
The enterprise number of Blue Sky Aviation is BE0527924676.
When was Blue Sky Aviation founded?
Blue Sky Aviation was founded on 23 April 2013.