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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FRAENKEL AVIATION SERVICES from Sint-Pieters-Woluwe, company number BE0646847963, closed financial year 2025 with a result of € -1,877 after tax. For that financial year FRAENKEL AVIATION SERVICES recorded a gross margin of € -1,400 and equity of € -43,373. Compared with financial year 2024, the result moved from € -2,844 to € -1,877. 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 January 17, 2026.
€ -43,373
▼ € 1,877 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,877
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 64
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,573.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 453
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 308 | € -262 | € -2,256 | € -1,400 | ▲ € 856 |
| Profit after taxes | € -113 | € -727 | € -2,844 | € -1,877 | ▲ € 967 |
| Equity | € -37,926 | € -38,653 | € -41,497 | € -43,373 | ▼ € 1,877 |
| Total debts | € 37,926 | € 38,653 | € 41,690 | € 43,438 | ▲ 4% |
| Cash | - | - | € 193 | € 64 | ▼ 67% |
| Retained profit | € -44,126 | € -44,853 | € -47,697 | € -49,573 | ▼ € 1,877 |
| Balance sheet total | € 0 | € 0 | € 193 | € 64 | ▼ 67% |
Key figures of FRAENKEL AVIATION 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 FRAENKEL AVIATION SERVICES?
What happened at FRAENKEL AVIATION 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 € 1,877. Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
- CEDRIC FRAENKEL became a director. NBB
In short
From € 113 loss in 2022 to € 1,877 loss in 2025.
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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 FRAENKEL AVIATION SERVICES is CEDRIC FRAENKEL.
Directors
According to the 2025 annual accounts
CEDRIC FRAENKEL
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Hertogstraat 17
1150 Sint-Pieters-Woluwe
Duivenschieting 5 box 16
1150 Sint-Pieters-Woluwe
Active since 21 January 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0646.847.963
- VAT number
- BE 0646.847.963
- Registered office
- Hertogstraat 17, 1150 Sint-Pieters-Woluwe
- Names & denominations
- FRAENKEL AVIATION SERVICES · F.A.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2016
- Peppol
- Not registered
- Activities · NACE
Vlieg- en vaaronderricht