ACTIVE

THE AVIATION FACTORY

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Financial year 2024 · Closed on 31/12/2024

Net result77 k €-89,5 %over 1 year
Revenue39,6 M €+0,1 %over 1 year
Equity1,5 M €0,0 %over 1 year
Workforce6,4 ETP+8,5 %over 1 year

Identity

Source · BCE/KBO

THE AVIATION FACTORY is a Private limited company incorporated in 2000. Its registered office is in Antwerpen. It employs on average 6,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0472.510.556
Incorporation
28/07/2000
Legal form
Private limited company
Registered office
Luchthavenlei 1 box 71
2100 Antwerpen · FlandreSee on map
Contributed capital
20 080,00 €
Latest accounts
31/12/2024
Average workforce
6,4 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue39,6 M €39,5 M €43,8 M €24,3 M €14,2 M €
EBITDA212,6 k €1,1 M €1,3 M €417,2 k €30,7 k €
Operating result133,8 k €1,1 M €1,2 M €374,3 k €-22,9 k €
Net result77 k €734,8 k €921,9 k €321,2 k €-63,7 k €
Balance sheet
Equity1,5 M €1,5 M €1 M €936,3 k €936,3 k €
Total assets9,1 M €7,3 M €6 M €5,5 M €2,4 M €
Cash1,2 M €696,9 k €539,8 k €208,2 k €87,2 k €
Debts393,9 k €1,9 M €1,8 M €541,9 k €362,3 k €
Other
Workforce6,4 ETP5,9 ETP4,6 ETP3,4 ETP4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 13 ended

Active mandates

Karl Legein

Director · since 17 juillet 2000

Active
Thourist

Director · 0652.901.456

Represented by Thomas VAN MEERBEECK

Active

Ended mandates

Thomas Van Meerbeeck

Director · since 28 mars 2018

Ended
Thomas Van Meerbeeck

Manager · since 28 mars 2018

Ended
MATEJ

Manager · since 01 janvier 2009 · 0808.886.364

Represented by Benoit Duvivier

Ended
MATEJ

Manager · since 01 janvier 2009 · 0808.886.364

Represented by Benoit Duvivier

Ended

Other companies at this address

Luchthavenlei 1 2100 Antwerpen
CompanyCBE no.
AIRLINE CARS BELGIUM● Active
0459.174.442
AIRPORT TAXI● Bankrupt
0464.316.432
ANTWERP AVIATION CONSULTING● Active
0887.351.149
ANTWERP SKYPARK● Active
0828.949.825
BELAIR DEURNE● Bankrupt
0808.061.171
Ben - Air Flight Academy● Bankrupt
0420.916.553
FINSERVE RENT● Active
0871.900.633
FLYING PARTNERS● Active
0445.393.811
FLYING SERVICE● Active
0424.612.055
IMAGINE FLYING EUROPE● Active
1005.323.836
Important People Driving● Active
1001.676.933
Jetrent● Active
0889.958.172
JEUGD EN LUCHTVAART● Active
0417.755.838
MUNERIS SERVICES● Active
0739.623.713
RAD LAB● Active
0792.371.521
RAYMOND'S AIRCRAFT RESTORATION● Active
0880.587.378
RENDIR● Bankrupt
0838.870.450
R&M HOLDING● Active
0685.445.847
Royal Antwerp Aviation Club● Active
0406.639.044
SKYWINGS FLIGHT TRAINING● Active
0673.567.307

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202503/08/202421/08/202328/06/202230/09/202104/11/2020
General meeting21/08/202524/06/202426/06/202327/06/202228/06/202129/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202421/08/202525/08/2025DutchPDF
Full model31/12/202324/06/202403/08/2024DutchPDF
Full model31/12/202226/06/202321/08/2023DutchPDF
Full model31/12/202127/06/202228/06/2022DutchPDF
Full model31/12/202028/06/202130/09/2021DutchPDF
Full model31/12/201929/06/202004/11/2020DutchPDF
Full model31/12/201824/06/201925/09/2019DutchPDF
Full model31/12/201725/06/201828/09/2018DutchPDF
Full modelCorrection31/12/201626/06/201727/02/2018DutchPDF
Full model31/12/201626/06/201731/08/2017DutchPDF
Abridged model31/12/201527/06/201621/09/2016DutchPDF
Abridged model31/12/201429/06/201530/09/2015DutchPDF
Abridged model31/12/201330/06/201416/10/2014DutchPDF
Abridged model31/12/201224/06/201326/09/2013DutchPDF
Abridged model31/12/201125/06/201228/08/2012DutchPDF
Abridged model31/12/201027/06/201112/09/2011DutchPDF
Abridged model31/12/200928/06/201015/07/2010DutchPDF
Abridged model31/12/200829/06/200902/07/2009DutchPDF
Abridged model31/12/200730/06/200829/08/2008DutchPDF
Abridged model31/12/200625/06/200728/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

2 active · 13 ended

Active mandates

Karl Legein

Director · since 17 juillet 2000

Active
Thourist

Director · 0652.901.456

Represented by Thomas VAN MEERBEECK

Active

Ended mandates

Thomas Van Meerbeeck

Director · since 28 mars 2018

Ended
Thomas Van Meerbeeck

Manager · since 28 mars 2018

Ended
MATEJ

Manager · since 01 janvier 2009 · 0808.886.364

Represented by Benoit Duvivier

Ended
MATEJ

Manager · since 01 janvier 2009 · 0808.886.364

Represented by Benoit Duvivier

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2024
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/05/2010
    Wijziging maatschappelijke zetel
    PDF
  • Mandates04/03/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202477 k €↓
  2. 2023
    Annual accounts 2023734,8 k €↓
  3. 2022
    Annual accounts 2022921,9 k €↑
  4. 2021
    Annual accounts 2021321,2 k €↑
  5. 2020
    Annual accounts 2020-63,7 k €↓
  6. 2019
    Annual accounts 201969,8 k €↓
  7. 2018
    Annual accounts 2018132,7 k €↓
  8. 2017
    Annual accounts 2017272,5 k €↑
  9. 2016
    Annual accounts 2016117,5 k €↓
  10. 2015
    Annual accounts 2015561,4 k €↑
  11. 2014
    Annual accounts 2014375,5 k €↑
  12. 2013
    Annual accounts 2013141,1 k €↓
  13. 2012
    Annual accounts 2012141,6 k €↓
  14. 2011
    Annual accounts 2011161,6 k €↑
  15. 2010
    Annual accounts 2010147,7 k €↑
  16. 2009
    Annual accounts 200980,9 k €↑
  17. 2008
    Annual accounts 200869,7 k €↑
  18. 2007
    Annual accounts 200760,8 k €↑
  19. 2006
    Annual accounts 200628,4 k €
  20. 28/07/2000
    IncorporationPrivate limited company