Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7 to 5.7.
Financials
Financial year 2025
Euro Cargo Aviation from Machelen (Brab.), company number BE0656596166, closed financial year 2025 with a result of € 40,979 after tax. For that financial year Euro Cargo Aviation recorded a gross margin of € 608,035 and equity of € 138,959. Compared with financial year 2024, the result moved from € -194,562 to € 40,979. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 138,959
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,979
▲ still € 194,562 loss in 2024
Profit after tax over the fiscal year.
€ 146,454
▲ 59% 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 € 132,759.
People and assets in 2025
5.7
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 530,551
▼ 16% vs 2024
€ 93,100 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.
€ 76,123
▲ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 291,934
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,434
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 729,542 | € 610,764 | € 458,519 | € 608,035 | ▲ 33% |
| Profit after taxes | € 100,658 | € -62,291 | € -194,562 | € 40,979 | ▲ € 235,541 |
| Equity | € 354,833 | € 292,542 | € 97,980 | € 138,959 | ▲ 42% |
| Total debts | € 1,535,001 | € 596,930 | € 469,970 | € 667,698 | ▲ 42% |
| Cash | € 789,113 | € 86,281 | € 92,288 | € 146,454 | ▲ 59% |
| Retained profit | € 348,633 | € 286,342 | € 91,780 | € 132,759 | ▲ 45% |
| Balance sheet total | € 1,889,834 | € 889,472 | € 567,950 | € 806,658 | ▲ 42% |
| Employees (FTE) | 6.7 | 7 | 6 | 5.7 | ▼ 0.3 |
Key figures of Euro Cargo 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 Euro Cargo Aviation?
What happened at Euro Cargo Aviation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,979. Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 100,658 profit in 2022 to € 40,979 profit in 2025.
Paid € 46,562 in corporate taxes since 2022.
Best year ever: 2022, with € 100,658 profit.
On average € 106,700 of value added per employee in 2025.
Management
Behind Euro Cargo Aviation is ML&E INVESTMENTS BV. ML&E INVESTMENTS BV is also behind Take Off Aviation.
Directors
According to the 2025 annual accounts
Director · represented by Hubertus van der Laaken
Also active at: Take Off Aviation
Establishments
Establishment units
Physical locations of this company
Bedrijvenzone Machelen-Cargo 706 box 70
1830 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →I.F.A. - INTERNATIONAL FREIGHT AGENCY
€ 856,729 gross margin · 2024
JAN DE RIJK RETAIL BELGIUM
€ 884,150 gross margin · 2025
AIR LOGISTICS
€ 898,069 gross margin · 2025
Air Cargo Belgium
Pharma.Aero
+4 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
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Domain
Domain
eurocargoaviation.nl
Registered
2000-04-07
Registrar
Internationale Domeinregistratie Nederland
Website info
Features
Security
Details
- Company number
- 0656.596.166
- VAT number
- BE 0656.596.166
- Registered office
- Bedrijvenzone Machelen-Cargo 706 bus 70, 1830 Machelen (Brab.)
- Names & denominations
- Euro Cargo Aviation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2016
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- eurocargoaviation.nl
- Activities · NACE
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