NORMAL SITUATION

AIRLYS GROUP

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Company — Normal situation.

Strike-off: 08 août 2026

Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €-38,0 %over 1 year

Revenue1,3 M €-13,2 %over 1 year

Equity10,3 M €-25,3 %over 1 year

Workforce2,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

AIRLYS GROUP is a Public limited company incorporated in 1994. It employs on average 2,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0453.294.361
Incorporation: 01/08/1994
Legal form: Public limited company
Contributed capital: 1 970 000,02 €
Latest accounts: 31/12/2025
Average workforce: 2,8 ETP

Joint committees (4)

200
20000
218
219

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,3 M €	-13.2%	1,6 M €	-0.3%	1,6 M €	+8.4%	1,4 M €	+0.3%	1,4 M €
EBITDA	353,2 k €	-53.8%	764,2 k €	-3.7%	793,9 k €	+4.3%	761,4 k €	+19.5%	637,4 k €
Operating result	353 k €	-53.8%	764,2 k €	-3.7%	793,8 k €	+4.3%	761,2 k €	+19.5%	637,2 k €
Net result	1,5 M €	-38.0%	2,4 M €	+26.0%	1,9 M €	+41.0%	1,4 M €	-19.9%	1,7 M €
Balance sheet
Equity	10,3 M €	-25.3%	13,8 M €	+15.4%	11,9 M €	+3.8%	11,5 M €	+2.9%	11,2 M €
Total assets	18,5 M €	+15.0%	16,1 M €	-6.4%	17,1 M €	+2.2%	16,8 M €	+9.7%	15,3 M €
Cash	33,5 k €	-55.4%	75,1 k €	+8.5%	69,3 k €	-31.6%	101,2 k €	+16.3%	87 k €
Debts	8,2 M €	+261%	2,3 M €	-56.5%	5,2 M €	-1.2%	5,3 M €	+28.3%	4,1 M €
Other
Workforce	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	+3.7%	2,7 ETP	+3.8%	2,6 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 28 ended

Active mandates

AhieCon

Managing director · since 13 novembre 2023 · until 13 novembre 2029 · 0823.456.457

Represented by Herbert Vandaele

Active

MarOdin

Managing director · since 13 novembre 2023 · until 13 novembre 2029 · 0823.498.524

Represented by Alex Vanwolleghem

Active

Ended mandates

QVIT

Managing director · since 01 mars 2021 · until 18 janvier 2023 · 0690.894.772

Represented by Mattijs De Leersnyder

Ended

QVIT

Managing director · since 01 mars 2021 · until 01 mars 2024 · 0690.894.772

Represented by Mattijs De Leersnyder

Ended

AhieCon

Managing director · since 09 juin 2018 · until 08 juin 2024 · 0823.456.457

Represented by Herbert VANDAELE

Ended

AhieCon

Managing director · since 09 juin 2018 · until 08 juin 2024 · 0823.456.457

Represented by Herbert Vandaele

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	14/07/2026	29/08/2025	09/07/2024	15/09/2023	22/09/2022	20/09/2021
General meeting	30/06/2026	29/08/2025	08/06/2024	11/09/2023	11/06/2022	12/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	14/07/2026	Dutch	PDF
Full model	31/12/2024	29/08/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	08/06/2024	09/07/2024	Dutch	PDF
Full model	31/12/2022	11/09/2023	15/09/2023	Dutch	PDF
Full model	31/12/2021	11/06/2022	22/09/2022	Dutch	PDF
Full model	31/12/2020	12/06/2021	20/09/2021	Dutch	PDF
Full model	31/12/2019	13/06/2020	20/10/2020	Dutch	PDF
Full model	31/12/2018	20/09/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	21/09/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	10/09/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	11/09/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	19/09/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	28/06/2007	Dutch	PDF

Indicative valuation

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 31/12/2025

2 active · 28 ended

Active mandates

AhieCon

Managing director · since 13 novembre 2023 · until 13 novembre 2029 · 0823.456.457

Represented by Herbert Vandaele

Active

MarOdin

Managing director · since 13 novembre 2023 · until 13 novembre 2029 · 0823.498.524

Represented by Alex Vanwolleghem

Active

Ended mandates

QVIT

Managing director · since 01 mars 2021 · until 18 janvier 2023 · 0690.894.772

Represented by Mattijs De Leersnyder

Ended

QVIT

Managing director · since 01 mars 2021 · until 01 mars 2024 · 0690.894.772

Represented by Mattijs De Leersnyder

Ended

AhieCon

Managing director · since 09 juin 2018 · until 08 juin 2024 · 0823.456.457

Represented by Herbert VANDAELE

Ended

AhieCon

Managing director · since 09 juin 2018 · until 08 juin 2024 · 0823.456.457

Represented by Herbert Vandaele

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring17/08/2026
MET FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING
PDF
Restructuring12/06/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/10/2017
KAPITAAL - AANDELEN
PDF
Mandates23/11/2015
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 20251,5 M €↓
2024
Annual accounts 20242,4 M €↑
2023
Annual accounts 20231,9 M €↑
2022
Annual accounts 20221,4 M €↓
2021
Annual accounts 20211,7 M €↑
2020
Annual accounts 2020719,1 k €↑
2019
Annual accounts 2019424,3 k €↓
2018
Annual accounts 20182,2 M €↑
2017
Annual accounts 2017959 k €↑
2016
Annual accounts 2016518,3 k €↑
2015
Annual accounts 2015312,7 k €↑
2014
Annual accounts 201432,6 k €↑
2013
Annual accounts 201325,9 k €↓
2012
Annual accounts 20122,3 M €↑
2011
Annual accounts 2011451,4 k €↑
2010
Annual accounts 2010441,4 k €↓
2009
Annual accounts 2009786,8 k €↑
2008
Annual accounts 2008391 k €↓
2007
Annual accounts 20074,3 M €↑
2006
Annual accounts 2006-13,8 k €
01/08/1994
IncorporationPublic limited company

AIRLYS GROUP

Overview

Identity

Financials

Board of directors

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