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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
EUROPEAN FLIGHT SIMULATOR from Genappe, company number BE0534999441, closed financial year 2025 with a result of € -18,949 after tax. For that financial year EUROPEAN FLIGHT SIMULATOR recorded a gross margin of € 22,761 and equity of € -67,068. Compared with financial year 2024, the result moved from € -43,593 to € -18,949. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -67,068
▼ € 18,949 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,949
▲ 57 % less loss than in 2024
Profit after tax over the fiscal year.
€ 39,234
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -107,068.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,130
▼ 45% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,743
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,547
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,927 | € 19,676 | € 35,399 | € 22,761 | ▼ 36% |
| Profit after taxes | € -17,203 | € -75,531 | € -43,593 | € -18,949 | ▲ € 24,644 |
| Equity | € 25,006 | € -50,525 | € -48,119 | € -67,068 | ▼ € 18,949 |
| Total debts | € 77,894 | € 110,859 | € 125,887 | € 147,113 | ▲ 17% |
| Cash | € 63,920 | € 36,281 | € 27,577 | € 39,234 | ▲ 42% |
| Retained profit | € -14,994 | € -90,525 | € -88,119 | € -107,068 | ▼ € 18,949 |
| Bank debt | € 1,467 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 102,900 | € 60,334 | € 77,768 | € 80,046 | ▲ 3% |
Key figures of EUROPEAN FLIGHT SIMULATOR, 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 EUROPEAN FLIGHT SIMULATOR?
What happened at EUROPEAN FLIGHT SIMULATOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,949. filed late Source: NBB ↗
- New establishment in Genappe. KBO
- Julien Meertens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,203 loss in 2022 to € 18,949 loss in 2025.
Management
Behind EUROPEAN FLIGHT SIMULATOR is Julien Meertens.
Directors
According to the 2025 annual accounts
Julien Meertens
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 4 box i
1470 Genappe
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
- 0534.999.441
- VAT number
- BE 0534.999.441
- Registered office
- Chaussée de Bruxelles 4 bus i, 1470 Genappe
- Names & denominations
- EUROPEAN FLIGHT SIMULATOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2013
- Peppol
- Active · Active since 30 Dec 2025
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