Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Airside Real Estate from Zaventem, company number BE0874380566, closed financial year 2025 with a result of € -240,353 after tax. For that financial year Airside Real Estate recorded revenue of € 1.1 million and equity of € -229,114. Compared with financial year 2024, the result moved from € -110,789 to € -240,353. 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 June 24, 2026.
€ -229,114
▼ € 240,353 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -240,353
▼ 117 % more loss than in 2024
Profit after tax over the fiscal year.
€ 480,551
▲ 269% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
Debts at end 2025
€ 4.8 million
Loans from banks and other lenders, long and short.
€ 516,937
▲ € 493,548 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 373 days on average.
€ 52,218
▼ 49% 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,033,883 | € 1,125,678 | ▲ 9% |
| Gross margin | € 725,335 | € 808,155 | - | - | |
| Profit after taxes | € 122,694 | € 110,014 | € -110,789 | € -240,353 | ▼ € 129,564 |
| Equity | € 12,013 | € 122,027 | € 11,239 | € -229,114 | ▼ € 240,353 |
| Total debts | € 6,339,409 | € 5,881,788 | € 5,171,759 | € 6,004,091 | ▲ 16% |
| Cash | € 115,031 | € 281,022 | € 130,395 | € 480,551 | ▲ 269% |
| Land & buildings | € 5,048,977 | € 4,894,699 | € 4,658,660 | € 4,084,762 | ▼ 12% |
| Retained profit | € -1,102,593 | € -992,578 | € -1,103,367 | € -1,343,720 | ▼ € 240,353 |
| Bank debt | € 5,693,172 | € 5,550,290 | € 4,846,901 | € 4,846,901 | |
| Balance sheet total | € 6,351,421 | € 6,003,815 | € 5,182,998 | € 5,774,977 | ▲ 11% |
Key figures of Airside Real Estate, 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 Airside Real Estate?
What happened at Airside Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 240,353. Source: NBB ↗
- Geert AERTS became a director. NBB
- Arnaud FEIST became a director. NBB
- Davy VREYS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Zaventem. KBO
In short
From € 122,694 profit in 2022 to € 240,353 loss in 2025.
Paid € 67,617 in corporate taxes since 2022.
Best year ever: 2022, with € 122,694 profit.
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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 Airside Real Estate are Geert AERTS, Arnaud FEIST and Davy VREYS. The shares are held by Brussels Airport Real Estate (100%).
Directors
According to the 2025 annual accounts
Geert AERTS
Director
since 2024
since 2024
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luchthaven Brussel Nationaal 1M
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0874.380.566
- VAT number
- BE 0874.380.566
- Registered office
- Luchthaven Brussel Nationaal 1M, 1930 Zaventem
- Names & denominations
- Airside Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2005
- Peppol
- Active · Active since 7 Sept 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur van niet-residentiële gebouwen
Activiteiten van holdings
Handel in eigen onroerend goed
Handel in onroerend goed
Managementactiviteiten van holdings
Holdings