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 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AirSmart from Antwerpen, company number BE0752980514, closed financial year 2025 with a result of € 2,698 after tax. For that financial year AirSmart recorded a gross margin of € 335,734 and equity of € 220,909. Compared with financial year 2024, the result moved from € -49,233 to € 2,698. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 220,909
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,698
▲ still € 49,233 loss in 2024
Profit after tax over the fiscal year.
€ 30,462
▼ 34% 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 € 61,409.
People and assets in 2025
2.8
Average over the fiscal year, from the social balance sheet.
€ 109,809
▼ 21% vs 2024
€ 39,200 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.
€ 3,990
▲ 185% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 933,588
▲ 19% vs 2024
€ 88,087 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 416,488
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,777
▲ 58% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 200,001 | € 346,994 | € 278,733 | € 335,734 | ▲ 20% |
| Profit after taxes | € 31,014 | € 72,151 | € -49,233 | € 2,698 | ▲ € 51,931 |
| Equity | € 195,292 | € 267,443 | € 218,210 | € 220,909 | ▲ 1% |
| Total debts | € 1,269,730 | € 1,587,041 | € 1,225,735 | € 1,374,853 | ▲ 12% |
| Cash | € 13,708 | € 84,289 | € 46,212 | € 30,462 | ▼ 34% |
| Retained profit | € 35,792 | € 107,943 | € 58,710 | € 61,409 | ▲ 5% |
| Bank debt | € 441,416 | € 949,306 | € 781,905 | € 933,588 | ▲ 19% |
| Balance sheet total | € 1,465,021 | € 1,854,484 | € 1,443,946 | € 1,595,762 | ▲ 11% |
| Employees (FTE) | - | - | - | 2.8 |
Key figures of AirSmart, 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 AirSmart?
What happened at AirSmart in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,698. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,014 profit in 2022 to € 2,698 profit in 2025.
Paid € 3,164 in corporate taxes since 2022.
Best year ever: 2023, with € 72,151 profit.
On average € 119,900 of value added per employee 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 AirSmart are Manuel Nys and Gunter Frencken.
Directors
According to the 2025 annual accounts
Manuel Nys
Director
Gunter Frencken
Director
Establishments
Establishment units
Physical locations of this company
Slachthuislaan 5
2060 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Domain
Domain
airsmart.pro
Registered
2020-08-24
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-08-24
Website info
Features
Security
Network
Details
- Company number
- 0752.980.514
- VAT number
- BE 0752.980.514
- Registered office
- Slachthuislaan 5, 2060 Antwerpen
- Names & denominations
- AirSmart
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2020
- Peppol
- Active · Active since 23 Jan 2026
- Contact
- airsmart.pro [email protected] 0495944397
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