ICELANDAIR LOGISTIC
0474.976.435 · rovalta.com · 25/09/2026
ACTIVE
ICELANDAIR LOGISTIC
Financial year 2025 · Closed on 31/12/2025
Net result77,4 k €+2 690,9 %over 1 year
Gross margin813,8 k €-4,0 %over 1 year
Equity293,1 k €+35,9 %over 1 year
Workforce5,4 ETP-20,6 %over 1 year
Overview
Identity
Source · BCE/KBOICELANDAIR LOGISTIC is a Public limited company incorporated in 2001. Its main activity is: Freight air transport. Its registered office is in Grâce-Hollogne. It employs on average 5,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0474.976.435
- Incorporation
- 12/06/2001
- Legal form
- Public limited company
- Registered office
- Rue Saint-Exupéry SN
4460 Grâce-Hollogne · WallonieSee on map - Contributed capital
- 112 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 5,4 ETP
Activities (NACE)
Joint committees (1)
- 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 21 filingsTrend over 21 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 813,8 k € | -4.0% | 847,4 k € | +3.6% | 817,7 k € | +4.3% | 784,2 k € | -13.3% | 904,1 k € |
| EBITDA | 131,9 k € | +225% | 40,5 k € | -9.6% | 44,8 k € | -81.6% | 243 k € | -43.4% | 429,2 k € |
| Operating result | 120,5 k € | +1044% | 10,5 k € | -52.5% | 22,2 k € | -90.4% | 231,9 k € | -40.8% | 391,8 k € |
| Net result | 77,4 k € | +2691% | 2,8 k € | +569% | -591 € | -100% | 160,9 k € | -43.1% | 283 k € |
| Balance sheet | |||||||||
| Equity | 293,1 k € | +35.9% | 215,7 k € | +1.3% | 212,9 k € | -54.1% | 463,5 k € | -26.7% | 632,6 k € |
| Total assets | 656,2 k € | +11.9% | 586,4 k € | -41.7% | 1 M € | -28.6% | 1,4 M € | +22.7% | 1,1 M € |
| Cash | 289,2 k € | +51.8% | 190,5 k € | -70.7% | 651,2 k € | -39.9% | 1,1 M € | +25.2% | 866 k € |
| Debts | 358,1 k € | -2.1% | 365,7 k € | -53.6% | 788,5 k € | -16.1% | 940,3 k € | +84.2% | 510,6 k € |
| Other | |||||||||
| Workforce | 5,4 ETP | -20.6% | 6,8 ETP | -10.5% | 7,6 ETP | +49.0% | 5,1 ETP | +6.2% | 4,8 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20254 active · 35 ended
Active mandates
Inga Björk Gudmundsdottir
ActiveKristjan Sigurdur Arnason
ActiveEinar Mar Gudmundsson
ActiveSigurgeir Mar Halldorsson
ActiveEnded mandates
Bogi Bogason
EndedBogi Bogason
EndedInga Björk Gudmundsdottir
EndedKristjan Sigurdur Arnason
EndedFinancials
Full financial information
Source · NBB| 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 | 30/07/2026 | 30/09/2025 | 30/09/2024 | 27/07/2023 | 31/08/2022 | 26/10/2021 |
| General meeting | 30/07/2026 | 24/09/2025 | 20/09/2024 | 25/07/2023 | 30/08/2022 | 20/10/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/07/2026 | 30/07/2026 | French | |
| Abridged model | 31/12/2024 | 24/09/2025 | 30/09/2025 | French | |
| Abridged model | 31/12/2023 | 20/09/2024 | 30/09/2024 | French | |
| Abridged model | 31/12/2022 | 25/07/2023 | 27/07/2023 | French | |
| Abridged model | 31/12/2021 | 30/08/2022 | 31/08/2022 | French | |
| Abridged model | 31/12/2020 | 20/10/2021 | 26/10/2021 | French | |
| Abridged model | 31/12/2019 | 30/05/2020 | 30/07/2020 | French | |
| Abridged model | 31/12/2018 | 28/08/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 29/08/2018 | 30/08/2018 | French | |
| Full model | 31/12/2016 | 23/08/2017 | 30/08/2017 | French | |
| Full model | 31/12/2015 | 30/08/2016 | 31/08/2016 | French | |
| Full model | 31/12/2014 | 30/09/2015 | 07/10/2015 | French | |
| Full model | 31/12/2013 | 29/08/2014 | 29/08/2014 | French | |
| Full model | 31/12/2012 | 14/06/2013 | 17/09/2013 | French | |
| Full model | 31/12/2011 | 31/08/2012 | 27/09/2012 | French | |
| Full model | 31/12/2010 | 09/05/2011 | 24/08/2011 | French | |
| Full model | 31/12/2009 | 15/09/2010 | 22/10/2010 | French | |
| Full model | 31/12/2008 | 22/07/2009 | 22/10/2010 | French | |
| Full model | 31/12/2007 | 15/07/2009 | 11/08/2009 | French | |
| Full model | 31/12/2006 | 31/10/2008 | 11/05/2009 | French | |
| Abridged model | 31/12/2005 | 05/02/2007 | 18/11/2008 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20254 active · 35 ended
Active mandates
Inga Björk Gudmundsdottir
ActiveKristjan Sigurdur Arnason
ActiveEinar Mar Gudmundsson
ActiveSigurgeir Mar Halldorsson
ActiveEnded mandates
Bogi Bogason
EndedBogi Bogason
EndedInga Björk Gudmundsdottir
EndedKristjan Sigurdur Arnason
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates04/03/2026DEMISSIONS, NOMINATIONS
- Mandates27/02/2026DEMISSIONS, NOMINATIONS
- Mandates07/02/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
- Mandates20/02/2023DEMISSIONS, NOMINATIONS
- Mandates29/05/2020DEMISSIONS, NOMINATIONS
- Mandates26/06/2017DEMISSIONS, NOMINATIONS
- Mandates07/10/2014DEMISSIONS, NOMINATIONS
- Mandates12/08/2014DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202577,4 k €↑
- 2024Annual accounts 20242,8 k €↑
- 2023Annual accounts 2023-591 €↓
- 2023Name changeIcelandair Logistic
- 2022Annual accounts 2022160,9 k €↓
- 2021Annual accounts 2021283 k €↑
- 2021Name changeIcelandair Logistics
- 2020Annual accounts 2020213,1 k €↑
- 2019Annual accounts 201976,2 k €↓
- 2018Annual accounts 201882 k €↓
- 2017Annual accounts 2017120 k €↓
- 2016Annual accounts 2016236,9 k €↑
- 2015Annual accounts 2015161,4 k €↑
- 2014Annual accounts 2014104 k €↑
- 2013Annual accounts 201358,9 k €↑
- 2012Annual accounts 201225,5 k €↑
- 2011Annual accounts 2011-74,3 k €↓
- 2010Annual accounts 2010-54,4 k €↓
- 2009Annual accounts 2009-9 k €↓
- 2008Annual accounts 200834,1 k €↑
- 2007Annual accounts 2007-110 k €↑
- 2006Annual accounts 2006-185 k €↓
- 2005Annual accounts 2005-83,4 k €
- 12/06/2001IncorporationPublic limited company