ACTIVE

INTERNATIONALE LUCHTHAVEN KORTRIJK-WEVELGEM

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Financial year 2025 · Closed on 31/12/2025

Net result55,1 k €+82,4 %over 1 year
Gross margin1,8 M €+24,5 %over 1 year
Equity6,3 M €-4,8 %over 1 year
Workforce16,1 ETP+4,5 %over 1 year

Identity

Source · BCE/KBO

INTERNATIONALE LUCHTHAVEN KORTRIJK-WEVELGEM is a Public limited company incorporated in 2015. Its main activity is: Passenger air transport. Its registered office is in Wevelgem. It employs on average 16,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0633.606.374
Incorporation
07/07/2015
Legal form
Public limited company
Registered office
Luchthavenstraat 1 box 1
8560 Wevelgem · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
16,1 ETP
Joint committees (1)
  • 31503
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin1,8 M €1,5 M €1,6 M €1,9 M €1,3 M €
EBITDA148,1 k €103,9 k €227 k €431,8 k €226 k €
Operating result-444,1 k €-449,7 k €-308,8 k €-335,4 k €-540,6 k €
Net result55,1 k €30,2 k €123 k €150,6 k €82,4 k €
Balance sheet
Equity6,3 M €6,6 M €6,3 M €6,2 M €5,9 M €
Total assets9,6 M €10,1 M €9,6 M €9,8 M €9,5 M €
Cash324,1 k €177,1 k €525,6 k €565,1 k €78,1 k €
Debts1,2 M €1,2 M €1,3 M €1,5 M €1,6 M €
Other
Workforce16,1 ETP15,4 ETP15,4 ETP15,2 ETP15,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 30 ended

Active mandates

JAN SEYNHAEVE

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
JEAN DE BETHUNE

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
MATTHIEU MARISSE

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
PAUL GERARD

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
PIETERJAN DESMET

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
MARGOT DESMET

Director · since 28 août 2023 · until 29 mai 2026

Active
DIEDERIK VANDORPE

Director · since 29 mai 2020 · until 29 mai 2026

Active
FILIP DAEM

Chairman of the board of directors · since 29 mai 2020 · until 29 mai 2026

Active

Ended mandates

MATTHIEU MARISSE

Director · since 26 mars 2024 · until 16 septembre 2025

Ended
APRON PROJECTS Comm.V

Managing director · since 01 janvier 2022 · until 31 décembre 2022 · 0677.874.996

Represented by DIRK VAN BELLEGEM

Ended
APRON PROJECTS Comm.V

Managing director · since 29 mai 2020 · until 31 décembre 2021 · 0677.874.996

Represented by DIRK VAN BELLEGEM

Ended
CAROLINE VANRAES

Director · since 29 mai 2020 · until 29 mai 2026

Ended

Other companies at this address

Luchthavenstraat 1 8560 Wevelgem
CompanyCBE no.
Airport Community EBKT● Active
0653.980.730
Beherman-Demoen Engeneering Company● Active
0406.871.250
BSL-19● Active
0721.817.085
Flanders Aviation Sociéty● Active
0443.019.289
FLANDERS INTERNATIONAL AIRPORT● Active
0445.861.884
Kortrijk Flying Club● Active
0410.017.317
PROPELLER● Active
0452.481.739

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202608/07/202526/06/202420/07/202303/07/202219/07/2021
General meeting22/05/202606/06/202524/05/202426/05/202320/05/202228/05/2021
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/05/202609/06/2026DutchPDF
Abridged model31/12/202406/06/202508/07/2025DutchPDF
Abridged model31/12/202324/05/202426/06/2024DutchPDF
Abridged model31/12/202226/05/202320/07/2023DutchPDF
Abridged model31/12/202120/05/202203/07/2022DutchPDF
Abridged model31/12/202028/05/202119/07/2021DutchPDF
Abridged model31/12/201929/05/202015/07/2020DutchPDF
Micro model31/12/201831/05/201928/06/2019DutchPDF
Abridged model31/12/201725/05/201831/05/2018DutchPDF
Abridged modelCorrection31/12/201616/10/201707/11/2017DutchPDF
Abridged model31/12/201612/07/201726/07/2017DutchPDF
Abridged modelCorrection31/12/201527/05/201602/06/2017DutchPDF
Abridged model31/12/201527/05/201630/06/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

8 active · 30 ended

Active mandates

JAN SEYNHAEVE

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
JEAN DE BETHUNE

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
MATTHIEU MARISSE

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
PAUL GERARD

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
PIETERJAN DESMET

Director · since 25 septembre 2025 · until 25 septembre 2031

Active
MARGOT DESMET

Director · since 28 août 2023 · until 29 mai 2026

Active
DIEDERIK VANDORPE

Director · since 29 mai 2020 · until 29 mai 2026

Active
FILIP DAEM

Chairman of the board of directors · since 29 mai 2020 · until 29 mai 2026

Active

Ended mandates

MATTHIEU MARISSE

Director · since 26 mars 2024 · until 16 septembre 2025

Ended
APRON PROJECTS Comm.V

Managing director · since 01 janvier 2022 · until 31 décembre 2022 · 0677.874.996

Represented by DIRK VAN BELLEGEM

Ended
APRON PROJECTS Comm.V

Managing director · since 29 mai 2020 · until 31 décembre 2021 · 0677.874.996

Represented by DIRK VAN BELLEGEM

Ended
CAROLINE VANRAES

Director · since 29 mai 2020 · until 29 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates04/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2023
    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. 2025
    Annual accounts 202555,1 k €↑
  2. 2024
    Annual accounts 202430,2 k €↓
  3. 2023
    Annual accounts 2023123 k €↓
  4. 2022
    Annual accounts 2022150,6 k €↑
  5. 2021
    Annual accounts 202182,4 k €↓
  6. 2020
    Annual accounts 2020235,3 k €↑
  7. 2019
    Annual accounts 2019-372,9 k €↓
  8. 2018
    Annual accounts 2018-284,7 k €↓
  9. 2017
    Annual accounts 2017-138,8 k €↓
  10. 2016
    Annual accounts 2016-79,4 k €↓
  11. 2015
    Annual accounts 2015-6,2 k €
  12. 07/07/2015
    IncorporationPublic limited company