ACTIVE

ABELAG AVIATION

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Financial year 2024 · Closed on 31/12/2024

Net result2,2 M €-20,9 %over 1 year

Revenue77 M €+2,0 %over 1 year

Equity13,1 M €+20,0 %over 1 year

Workforce59,8 ETP-8,4 %over 1 year

Identity

Source · BCE/KBO

ABELAG AVIATION is a Public limited company incorporated in 1985. Its registered office is in Wevelgem. It employs on average 59,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.155.930
Incorporation: 19/03/1985
Legal form: Public limited company
Registered office: Kortrijkstraat 345/D
8560 Wevelgem · FlandreSee on map
Contributed capital: 2 410 000,00 €
Latest accounts: 31/12/2024
Average workforce: 59,8 ETP

Joint committees (1)

31502

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2024		2023		2022		2021		2019
Income statement
Revenue	77 M €	+2.0%	75,5 M €	-21.6%	96,3 M €	+50.7%	63,9 M €	+20.5%	53 M €
EBITDA	2,9 M €	-15.4%	3,4 M €	+50.9%	2,3 M €	+3.0%	2,2 M €	+837%	-300,1 k €
Operating result	2,8 M €	-13.2%	3,2 M €	+62.3%	2 M €	-0.6%	2 M €	+291%	-1 M €
Net result	2,2 M €	-20.9%	2,8 M €	+116%	1,3 M €	+5.4%	1,2 M €	+190%	-1,3 M €
Balance sheet
Equity	13,1 M €	+20.0%	10,9 M €	+33.9%	8,2 M €	+18.5%	6,9 M €	+49.2%	4,6 M €
Total assets	47,2 M €	+0.4%	47 M €	+4.8%	44,9 M €	+5.4%	42,6 M €	+50.0%	28,4 M €
Cash	6,8 M €	+202%	2,3 M €	-65.9%	6,6 M €	+34.7%	4,9 M €	+258%	1,4 M €
Debts	22,5 M €	-1.5%	22,8 M €	-1.9%	23,3 M €	-4.4%	24,3 M €	+4.0%	23,4 M €
Other
Workforce	59,8 ETP	-8.4%	65,3 ETP	-4.0%	68,0 ETP	+11.5%	61,0 ETP	+4.5%	58,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 35 ended

Active mandates

Robert Fisch

Director · since 25 janvier 2021 · until 09 février 2026

Active

ABELAG HOLDING

Director · since 26 juin 2019 · until 09 février 2026 · 0890.113.075

Represented by Ward Bonduel

Active

David Van den Langenbergh

Director · since 11 juin 2019 · until 09 février 2026

Active

Ended mandates

Robert Fisch

Director · since 25 janvier 2021 · until 11 juin 2025

Ended

Robert Fisch

Director · since 25 janvier 2021

Ended

ABELAG HOLDING

Director · since 26 juin 2019 · 0890.113.075

Represented by Ward Bonduel

Ended

ABELAG HOLDING

Director · since 26 juin 2019 · until 26 juin 2025 · 0890.113.075

Represented by Ward Bonduel

Ended

Other companies at this address

Kortrijkstraat 345/D 8560 Wevelgem

Company	CBE no.
ABELAG HOLDING● Active	0890.113.075
ExecuJet MRO Services Belgium● Active	0434.695.206

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/03/2026	30/07/2024	19/07/2023	26/07/2022	27/07/2021	30/11/2020
General meeting	09/02/2026	25/07/2024	13/06/2023	13/07/2022	29/06/2021	27/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	09/02/2026	11/03/2026	Dutch	PDF
Full model	31/12/2023	25/07/2024	30/07/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	13/07/2022	26/07/2022	Dutch	PDF
Full model	31/12/2020	29/06/2021	27/07/2021	Dutch	PDF
Full model	31/12/2019	27/11/2020	30/11/2020	Dutch	PDF
Full model	31/12/2018	26/06/2019	24/07/2019	Dutch	PDF
Full model	31/12/2017	12/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	13/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	14/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	09/06/2015	19/06/2015	Dutch	PDF
Full model	31/12/2013	10/06/2014	13/06/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	02/07/2013	Dutch	PDF
Full model	31/12/2011	12/06/2012	16/07/2012	Dutch	PDF
Full model	31/12/2010	14/06/2011	15/07/2011	Dutch	PDF
Full model	31/12/2009	08/06/2010	02/07/2010	Dutch	PDF
Full model	31/12/2008	09/06/2009	28/07/2009	Dutch	PDF
Full model	31/12/2007	13/06/2008	25/07/2008	Dutch	PDF
Full model	31/12/2006	12/06/2007	20/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 35 ended

Active mandates

Robert Fisch

Director · since 25 janvier 2021 · until 09 février 2026

Active

ABELAG HOLDING

Director · since 26 juin 2019 · until 09 février 2026 · 0890.113.075

Represented by Ward Bonduel

Active

David Van den Langenbergh

Director · since 11 juin 2019 · until 09 février 2026

Active

Ended mandates

Robert Fisch

Director · since 25 janvier 2021 · until 11 juin 2025

Ended

Robert Fisch

Director · since 25 janvier 2021

Ended

ABELAG HOLDING

Director · since 26 juin 2019 · 0890.113.075

Represented by Ward Bonduel

Ended

ABELAG HOLDING

Director · since 26 juin 2019 · until 26 juin 2025 · 0890.113.075

Represented by Ward Bonduel

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other12/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates30/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2024
Annual accounts 20242,2 M €↓
2023
Annual accounts 20232,8 M €↑
2023
Name changeAbelag Aviation
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 20211,2 M €↑
2021
Name changeAbelag Aviation Wevelgem
2019
Annual accounts 2019-1,3 M €↓
2018
Annual accounts 2018-155 k €↓
2017
Annual accounts 201765,9 k €↓
2016
Annual accounts 20161,3 M €↓
2015
Annual accounts 20152,3 M €↑
2014
Annual accounts 2014976,8 k €↓
2013
Annual accounts 20131,3 M €↑
2012
Annual accounts 20121,1 M €↑
2011
Annual accounts 2011480,2 k €↑
2010
Annual accounts 2010-115,1 k €↓
2009
Annual accounts 2009-46,4 k €↓
2008
Annual accounts 200892,8 k €↓
2007
Annual accounts 2007764,3 k €↓
2006
Annual accounts 20062 M €
19/03/1985
IncorporationPublic limited company

ABELAG AVIATION

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline