Financials
Financial year 2025
THEO AVIATION from Tongeren-Borgloon, company number BE0786753835, closed financial year 2025 with a result of € 1,003 after tax. For that financial year THEO AVIATION recorded a gross margin of € 2,315 and equity of € 11,315. Compared with financial year 2024, the result moved from € 11,162 to € 1,003. The company is profitable. 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 12, 2026.
€ 11,315
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,003
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 11,719
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
83 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,152
▲ 288% 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.
€ 1,007
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 250
▼ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -520 | € 15,860 | € 2,315 | ▼ 85% |
| Profit after taxes | € -1,717 | € 11,162 | € 1,003 | ▼ 91% |
| Equity | € 783 | € 11,145 | € 11,315 | ▲ 2% |
| Total debts | € 4,164 | € 5,632 | € 10,295 | ▲ 83% |
| Cash | € 2,232 | € 11,687 | € 11,719 | |
| Retained profit | € -1,717 | € 8,645 | € 8,815 | ▲ 2% |
| Dividend | € 0 | € 800 | € 833 | ▲ 4% |
| Balance sheet total | € 4,947 | € 16,777 | € 21,610 | ▲ 29% |
Key figures of THEO AVIATION, fiscal years 2023 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 THEO AVIATION?
What happened at THEO 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 € 1,003 (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Tongeren. KBO
- Theodoros Papanikolaou became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,717 loss in 2023 to € 1,003 profit in 2025.
Paid € 4,118 in corporate taxes since 2023.
Best year ever: 2024, with € 11,162 profit.
Paid out € 1,633 in dividends to the owners in total.
Management
Behind THEO AVIATION is Theodoros Papanikolaou.
Directors
According to the 2025 annual accounts
Theodoros Papanikolaou
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Sportpleinstraat 2 box 0
3700 Tongeren-Borgloon
Sportpleinstraat 2 box B000
3700 Tongeren
Active since 2 June 2022
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
- 0786.753.835
- VAT number
- BE 0786.753.835
- Registered office
- Sportpleinstraat 2 bus 0, 3700 Tongeren-Borgloon
- Names & denominations
- THEO AVIATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2022
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Reparatie en onderhoud van civiele lucht- en ruimtevaartuigen
Diensten in verband met de luchtvaart