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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELGIAN AIRPORTS from Charleroi, company number BE0820332661, closed financial year 2025 with a result of € 10 million after tax. For that financial year BELGIAN AIRPORTS recorded a gross margin of € -37,321 and equity of € 23.2 million. Compared with financial year 2024, the result moved from € -893,102 to € 10 million. 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 March 28, 2026.
€ 23.2 million
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10 million
▲ still € 893,102 loss in 2024
Profit after tax over the fiscal year.
€ 160,284
▲ 203% 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 € 10.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,600
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 28,498 | - | |
| Gross margin | € -123,882 | € -113,021 | € -181,731 | € -37,321 | ▲ € 144,410 |
| Profit after taxes | € -366,886 | € -762,445 | € -893,102 | € 10,006,190 | ▲ € 10.9 million |
| Equity | € 14,842,131 | € 14,079,686 | € 13,186,584 | € 23,192,774 | ▲ 76% |
| Total debts | € 11,799,009 | € 12,527,436 | € 13,402,975 | € 3,491,977 | ▼ 74% |
| Cash | € 51,603 | € 77,760 | € 52,899 | € 160,284 | ▲ 203% |
| Retained profit | € 1,792,131 | € 1,029,686 | € 136,584 | € 10,142,774 | ▲ € 10 million |
| Balance sheet total | € 26,641,140 | € 26,607,123 | € 26,589,559 | € 26,684,751 |
Key figures of BELGIAN AIRPORTS, 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 BELGIAN AIRPORTS?
What happened at BELGIAN AIRPORTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FINFLOW SRL stepped down as director. NBB
- Matteo TESTA stepped down as director. NBB
- Giovanni CURTOLO stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10 million. Source: NBB ↗
- Matteo TESTA became a director. NBB
- Giovanni CURTOLO became a director. NBB
- FINFLOW SRL became a director. NBB
- New establishment in Charleroi. KBO
In short
From € 366,886 loss in 2022 to € 10 million profit in 2025.
Best year ever: 2025, with € 10 million profit.
Management
The shares are held by Save SpA (100%). It owns 48% of Brussels South Charleroi Airport itself.
Directors
According to the 2025 annual accounts
Matteo TESTA
Director
since 2024 · until 2027
Giovanni CURTOLO
Director
since 2024 · until 2027
since 2022 · until 2028
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue des Fusillés 21
6040 Charleroi
Rue des Frères Wright 8
6041 Charleroi
Active since 5 November 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BRUSSELS SOUTH CHARLEROI AIRPORT same network
€ 139.2 million revenue · 2025
Pilatus Three
€ 33,702 gross margin · 2024
PILATUS FOUR
€ 28,484 gross margin · 2024
Pilatus Five
€ 26,652 gross margin · 2024
Pilatus Twenty One
€ -20,747 gross margin · 2024
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0820.332.661
- VAT number
- BE 0820.332.661
- Registered office
- Rue des Fusillés 21, 6040 Charleroi
- Names & denominations
- BELGIAN AIRPORTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2009
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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