Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Flying Alliance from Antwerpen, company number BE0650623639, closed financial year 2025 with a result of € 512,256 after tax. For that financial year Flying Alliance recorded revenue of € 200,000 and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 230,832 to € 512,256. 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 July 29, 2026.
€ 3.5 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 512,256
▲ 122% vs 2024
Profit after tax over the fiscal year.
€ 58,757
▲ 81% 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 € 3.4 million.
Debts at end 2025
€ 2.2 million
▼ 20% vs 2024
€ 411,352 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3,155
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 105 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 422,943 | € 200,000 | ▼ 53% |
| Gross margin | € -976 | € 147,937 | - | - | |
| Profit after taxes | € -2,372 | € 2,642,625 | € 230,832 | € 512,256 | ▲ 122% |
| Equity | € 2,842,262 | € 2,784,886 | € 3,015,719 | € 3,527,974 | ▲ 17% |
| Total debts | € 2,956,762 | € 3,115,961 | € 2,811,490 | € 2,237,594 | ▼ 20% |
| Cash | € 102,232 | € 124,294 | € 32,483 | € 58,757 | ▲ 81% |
| Retained profit | € 842,262 | € 2,686,478 | € 2,917,311 | € 3,429,566 | ▲ 18% |
| Dividend | € 0 | € 798,408 | € 0 | € 0 | |
| Bank debt | € 2,801,066 | € 3,032,040 | € 2,803,123 | € 2,234,439 | ▼ 20% |
| Balance sheet total | € 5,799,024 | € 5,900,848 | € 5,827,209 | € 5,765,569 | ▼ 1% |
Key figures of Flying Alliance, 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 Flying Alliance?
What happened at Flying Alliance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SCHUURHOVEN BV stepped down as director. NBB
- House of Hospitality BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 512,256 (▲ 122% vs 2024). Source: NBB ↗
- LARSON BV stepped down as director. NBB
- GAYANA BVBA stepped down as director. NBB
- ADC CONSULT Comm.V stepped down as director. NBB
- House of Hospitality BV became a director. NBB
- LARSON BV became a director. NBB
In short
From € 2,372 loss in 2022 to € 512,256 profit in 2025.
Best year ever: 2023, with € 2.6 million profit.
Paid out € 798,408 in dividends to the owners in total.
Pays suppliers within 105 days on average.
A new publication or filing at Flying Alliance? We notify you, reason included.
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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
The stake of DOVESCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Flying AllianceThe shares are held by DOVESCO (80%). It owns 100% of Flying Services itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Rachid Amghar
Also active at: BLACKFISK, HELS, Bahamontes, MIRA EVENT SUPPORT, SKWD, MarketMakers
since 2025 · until 2026
Director · represented by Wout Jansen
Also active at: ALLEZ, BLACKFISK, PSP Services, HELS, MIRA EVENT SUPPORT, Flying Services, SKWD, MarketMakers
since 2025 · until 2032
Director · represented by Gregory De Clerck
Also active at: Transroute, POWER SOLUTIONS, DOMO CHEMICALS HOLDING, INVESTMENTS & PARTICIPATIONS, QLEVR, IMMO CABRITA, DOVESCO, COPUS GROUP +5 more
since 2025 · until 2026
Director · represented by Anthony De Clerck
Also active at: Transroute, DOMO CHEMICALS HOLDING, NETCO INVEST, DONARCO, VHC INVESTCO, DOMO INVESTMENT GROUP, NTX Holding, ALINSO GROUP
since 2025 · until 2026
Director · represented by Rachid Amghar
Also active at: ALLEZ, BLACKFISK, PSP Services, HELS, MIRA EVENT SUPPORT, Flying Services, SKWD
since 2026 · until 2032
Shareholders
80%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Jan Van Beersstraat 51
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ALLEZ same network
€ 824,331 gross margin · 2025
PSP Services same network
€ 108,599 gross margin · 2025
Flying Services same network
€ 14 million revenue · 2025
SKWD same network
€ 1.3 million gross margin · 2025
MarketMakers same network
€ -16,139 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0650.623.639
- VAT number
- BE 0650.623.639
- Registered office
- Jan Van Beersstraat 51, 2018 Antwerpen
- Names & denominations
- Flying Alliance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2016
- Peppol
- Active · Active since 3 Mar 2026
- Contact
- thelabgent.be
- Activities · NACE
Activiteiten van holdings
Vermogensbeheer