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 53 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
BELGIUM AIRPORT SERVICES from Grâce-Hollogne, company number BE0690777679, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year BELGIUM AIRPORT SERVICES recorded revenue of € 13.7 million and equity of € -5.6 million. Compared with financial year 2024, the result moved from € -1.7 million to € -1.4 million. 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 July 22, 2026.
€ -5.6 million
▼ € 1.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.7 million.
People and assets in 2025
88.5
▲ 8.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.4 million
▲ 19% vs 2024
€ 71,900 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.
€ 73,407
▲ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.7 million
▲ 75% vs 2024
€ 32,733 is repaid this year. At this pace the long-term loan is gone in ≈ 88 years.
€ 3.1 million
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 135 days on average.
€ 961,069
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,932,164 | € 12,620,383 | € 15,429,813 | € 13,698,438 | ▼ 11% |
| Profit after taxes | € -1,865,142 | € -1,398,758 | € -1,702,028 | € -1,436,233 | ▲ € 265,795 |
| Equity | € -1,087,509 | € -2,486,267 | € -4,188,295 | € -5,624,528 | ▼ € 1.4 million |
| Total debts | € 4,839,522 | € 7,080,366 | € 9,172,140 | € 10,817,805 | ▲ 18% |
| Cash | € 734,694 | € 902,860 | € 1,190,077 | € 1,628,965 | ▲ 37% |
| Retained profit | € -1,150,009 | € -2,548,767 | € -4,250,795 | € -5,687,028 | ▼ € 1.4 million |
| Bank debt | € 745,729 | € 3,651,073 | € 3,819,356 | € 6,683,547 | ▲ 75% |
| Balance sheet total | € 3,752,013 | € 4,931,237 | € 5,409,983 | € 5,460,811 | ▲ 1% |
| Employees (FTE) | 89.5 | 79.3 | 79.9 | 88.5 | ▲ 8.6 |
Key figures of BELGIUM AIRPORT 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 31 July 2027.
What happened to BELGIUM AIRPORT SERVICES?
What happened at BELGIUM AIRPORT 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 € 1.4 million. Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- New establishment in Grâce-Hollogne. KBO
- New establishment in Grâce-Hollogne. KBO
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.9 million loss in 2022 to € 1.4 million loss in 2025.
Paid € 16,212 in corporate taxes since 2022.
Pays suppliers within 135 days on average.
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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 BELGIUM AIRPORT SERVICES are Paul SCHNEIDER, JEROEN GILING and Wielfried JANS.
Directors
According to the 2025 annual accounts
Paul SCHNEIDER
Director
JEROEN GILING
Director
Wielfried JANS
Managing director
Establishments
Establishment units
Physical locations of this company
Rue Saint-Exupéry 14
4460 Grâce-Hollogne
Rue Sélys Longchamps(Jean de) 9
4460 Grâce-Hollogne
Active since 15 August 2020
Rue Sélys Longchamps(Jean de) 13
4460 Grâce-Hollogne
Active since 1 January 2021
Rue Blériot(Louis) 5
4460 Grâce-Hollogne
Active since 1 September 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.777.679
- VAT number
- BE 0690.777.679
- Registered office
- Rue Saint-Exupéry 14, 4460 Grâce-Hollogne
- Names & denominations
- BELGIUM AIRPORT SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2018
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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