ACTIVE

SKYDIVING PROMOTION

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Financial year 2025 · closed on 31/12/2025

Net result

35,7 k €

-97.3% YoY

Gross margin

1,2 M €

-55.0% YoY

Equity

2,4 M €

+1.5% YoY

Workforce

14,0 ETP

-0.7% YoY

What does SKYDIVING PROMOTION do?

SKYDIVING PROMOTION is a Private limited company incorporated in 1991. Its main activity is: Rental and leasing of air transport equipment. Its registered office is in Spa. It employs on average 14,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.797.764

Incorporation

10/04/1991

Legal form

Private limited company

Registered office

Rue de la Sauvenière 122
4900 Spa · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

14,0 ETP

Activities (NACE)

77350Rental and leasing of air transport equipment· main 77350Rental and leasing of air transport equipment 92621Gambling and betting activities 93299Other amusement and recreation activities 93299Other amusement and recreation activities 71230Technical testing and analysis+7

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	-55.0%	2,7 M €	+16.8%	2,3 M €	+58.6%	1,5 M €	+53.9%	951,7 k €	-7.2%	1 M €	-17.1%	1,2 M €	-7.0%	1,3 M €	+40.0%	949,7 k €	-21.3%	1,2 M €	+26.4%	955,2 k €	-7.0%	1 M €	-16.7%	1,2 M €	+33.9%	920,3 k €	+84.8%	498,1 k €	-18.7%	612,9 k €	+35.4%	452,8 k €	+438%	84,1 k €	-75.6%	344,7 k €	+55.8%	221,3 k €
EBITDA	613,9 k €	-71.1%	2,1 M €	+17.0%	1,8 M €	+94.8%	931,8 k €	+34.1%	694,8 k €	-7.0%	746,9 k €	-16.5%	894,5 k €	-6.2%	954 k €	+51.5%	629,6 k €	-27.8%	872,1 k €	+42.2%	613,3 k €	-13.3%	707,6 k €	-19.1%	874,8 k €	+52.6%	573,4 k €	+122%	257,8 k €	-45.3%	470,9 k €	+19.3%	394,7 k €	+59.7%	247,1 k €	-23.0%	320,9 k €	+158%	124,2 k €
Operating result	154 k €	-91.6%	1,8 M €	+29.9%	1,4 M €	+195%	476,9 k €	+188%	-540,8 k €	-219%	455,7 k €	-19.8%	568,2 k €	-0.9%	573,4 k €	+137%	241,8 k €	-29.3%	342 k €	+271%	92,2 k €	-14.5%	107,9 k €	-53.5%	231,9 k €	+13.2%	204,9 k €	+320%	48,8 k €	-78.6%	228,3 k €	+27.5%	179,1 k €	+167%	67,2 k €	-58.7%	162,5 k €	+866%	-21,2 k €
Net result	35,7 k €	-97.3%	1,3 M €	+26.7%	1 M €	+191%	356,8 k €	+158%	-615,9 k €	-788%	89,6 k €	+156%	-158,9 k €	-144%	364,2 k €	+258%	101,6 k €	-44.2%	182,1 k €	+1771%	9,7 k €	+354%	2,1 k €	-97.5%	86,6 k €	+0.3%	86,4 k €	-10.9%	96,9 k €	+41.2%	68,6 k €	-28.8%	96,4 k €	-69.3%	313,7 k €	+187%	109,4 k €	+302%	-54,1 k €
Balance sheet
Equity	2,4 M €	+1.5%	2,4 M €	+41.9%	1,7 M €	+157%	659,3 k €	+118%	302,5 k €	-67.1%	918,4 k €	+10.8%	828,8 k €	-16.1%	987,7 k €	+1.5%	972,7 k €	+11.7%	871,1 k €	+25.8%	692,7 k €	+1.4%	682,9 k €	-1.1%	690,8 k €	+3.2%	669,7 k €	+14.8%	583,3 k €	+27.5%	457,4 k €	-17.1%	551,8 k €	+20.5%	457,7 k €	+213%	146,4 k €	+615%	20,5 k €
Total assets	6,4 M €	-7.4%	7 M €	+5.6%	6,6 M €	+6.6%	6,2 M €	-3.6%	6,4 M €	+123%	2,9 M €	-10.1%	3,2 M €	-20.2%	4 M €	+0.1%	4 M €	-2.3%	4,1 M €	-5.6%	4,3 M €	+15.4%	3,8 M €	-4.0%	3,9 M €	+27.4%	3,1 M €	+47.7%	2,1 M €	+10.5%	1,9 M €	+0.1%	1,9 M €	+13.9%	1,7 M €	+23.4%	1,3 M €	+2.2%	1,3 M €
Cash	831,3 k €	-62.6%	2,2 M €	+92.1%	1,2 M €	+34.2%	862,1 k €	-22.1%	1,1 M €	+42.0%	779 k €	-30.6%	1,1 M €	-25.6%	1,5 M €	-20.2%	1,9 M €	+15.9%	1,6 M €	+77.5%	919,1 k €	+2.2%	899,7 k €	-13.5%	1 M €	+45.2%	716,2 k €	+92.4%	372,2 k €	-17.0%	448,4 k €	+60.5%	279,4 k €	+855%	29,3 k €	-76.7%	125,3 k €	+207%	40,9 k €
Debts	2 M €	-18.0%	2,5 M €	-20.8%	3,1 M €	-22.1%	4 M €	-14.2%	4,6 M €	+205%	1,5 M €	-17.9%	1,9 M €	-14.9%	2,2 M €	-1.7%	2,2 M €	-11.5%	2,5 M €	-17.0%	3 M €	+13.3%	2,7 M €	-6.1%	2,8 M €	+35.2%	2,1 M €	+62.8%	1,3 M €	+7.8%	1,2 M €	+8.3%	1,1 M €	+10.9%	994,5 k €	+17.6%	845,6 k €	-15.8%	1 M €
Other
Workforce	14,0 ETP	-0.7%	14,1 ETP	+18.5%	11,9 ETP	-7.8%	12,9 ETP	+46.6%	8,8 ETP	+6.0%	8,3 ETP	+7.8%	7,7 ETP	+14.9%	6,7 ETP	+17.5%	5,7 ETP	-1.7%	5,8 ETP	+7.4%	5,4 ETP	+8.0%	5,0 ETP	-23.1%	6,5 ETP	-4.4%	6,8 ETP	+30.8%	5,2 ETP	+85.7%	2,8 ETP	+460%	0,5 ETP	+25.0%	0,4 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 26 ended

Active mandates

Maria Meyer

Director · since 15 juillet 2024 · until 05 juin 2026

Active

Martine Sody

Director · since 30 décembre 2019

Active

Werner Delges

Managing director · since 30 décembre 2019

Active

Ended mandates

Maria Meyer

Director · since 15 juillet 2024

Ended

Martine Sody

Chairman of the board of directors · since 28 juin 2018 · until 18 juin 2024

Ended

Werner Delges

Managing director · since 28 juin 2018 · until 18 juin 2024

Ended

Gary Ginsbourg

Director · since 04 septembre 2007 · until 17 juin 2011

Ended

At this address

Other companies at this address

Company	CBE no.
Fédération francophone des aéroclubs moteur ASBL● Active	0673.634.811
Fédération wallonne des Clubs de Parachutisme● Active	0442.204.390
FLIGHT SCHOOL PROMOTION● Active	0770.955.703
Royal Aero Para Club de Spa● Active	0406.620.535
SKYDIVE SPA ASBL● Active	0444.968.791
SKYDIVE SUNSHINE● Active	0864.739.855
Société de Promotion de l'Aérodrome de Spa● Active	0411.589.014

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/07/2026	28/08/2025	30/08/2024	17/07/2023	30/08/2022	30/08/2021
General meeting	30/06/2026	26/08/2025	29/08/2024	20/06/2023	21/06/2022	15/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	20/07/2026	French	PDF
Abridged model	31/12/2024	26/08/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	29/08/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	20/06/2023	17/07/2023	French	PDF
Abridged model	31/12/2021	21/06/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	16/06/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	18/06/2019	30/09/2019	French	PDF
Abridged model	31/12/2017	28/06/2018	03/07/2018	French	PDF
Abridged modelCorrection	31/12/2016	28/06/2017	31/01/2018	French	PDF
Abridged model	31/12/2016	20/06/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	07/07/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	22/09/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	02/10/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	19/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	23/09/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	16/06/2009	27/07/2009	French	PDF
Abridged model	31/12/2007	17/06/2008	01/08/2008	French	PDF
Abridged model	31/12/2006	19/06/2007	24/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 26 ended

Active mandates

Maria Meyer

Director · since 15 juillet 2024 · until 05 juin 2026

Active

Martine Sody

Director · since 30 décembre 2019

Active

Werner Delges

Managing director · since 30 décembre 2019

Active

Ended mandates

Maria Meyer

Director · since 15 juillet 2024

Ended

Martine Sody

Chairman of the board of directors · since 28 juin 2018 · until 18 juin 2024

Ended

Werner Delges

Managing director · since 28 juin 2018 · until 18 juin 2024

Ended

Gary Ginsbourg

Director · since 04 septembre 2007 · until 17 juin 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates22/07/2024
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares02/05/2022
OBJET - CAPITAL, ACTIONS
PDF
Registered office30/12/2020
SIEGE SOCIAL - CAPITAL, ACTIONS
PDF
Mandates08/01/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates09/10/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/07/2018
CAPITAL, ACTIONS
PDF
Mandates04/05/2016
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202535,7 k €↓
2024
Annual accounts 20241,3 M €↑
2023
Annual accounts 20231 M €↑
2022
Annual accounts 2022356,8 k €↑
2021
Annual accounts 2021-615,9 k €↓
2020
Annual accounts 202089,6 k €↑
2019
Annual accounts 2019-158,9 k €↓
2018
Annual accounts 2018364,2 k €↑
2017
Annual accounts 2017101,6 k €↓
2016
Annual accounts 2016182,1 k €↑
2015
Annual accounts 20159,7 k €↑
2014
Annual accounts 20142,1 k €↓
2013
Annual accounts 201386,6 k €↑
2012
Annual accounts 201286,4 k €↓
2011
Annual accounts 201196,9 k €↑
2010
Annual accounts 201068,6 k €↓
2009
Annual accounts 200996,4 k €↓
2008
Annual accounts 2008313,7 k €↑
2007
Annual accounts 2007109,4 k €↑
2006
Annual accounts 2006-54,1 k €
10/04/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SKYDIVING PROMOTION

Overview

What does SKYDIVING PROMOTION do?

Trend over 20 financial years

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