ACTIVE

airlines for europe

Financial year 2025 · Closed on 31/12/2025

Net result-89,3 k €-170,4 %over 1 year
Gross margin1,4 M €-6,8 %over 1 year
Equity966,1 k €-8,5 %over 1 year
Workforce8,9 ETP-14,4 %over 1 year

Identity

Source · BCE/KBO

airlines for europe is a International non-profit organization incorporated in 2016. Its main activity is: Public relations and communication activities. Its registered office is in Bruxelles. It employs on average 8,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0651.611.257
Incorporation
05/04/2016
Legal form
International non-profit organization
Registered office
Rond-point Robert Schuman 6 box 1ét
1040 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
8,9 ETP
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,5 M €1,3 M €1,3 M €1,2 M €
EBITDA-59,6 k €144,7 k €82,4 k €18,3 k €144,6 k €
Operating result-82 k €123,5 k €63,3 k €2,1 k €141,3 k €
Net result-89,3 k €126,8 k €62,4 k €-1,4 k €140,3 k €
Balance sheet
Equity966,1 k €1,1 M €928,6 k €866,3 k €867,7 k €
Total assets1,6 M €1,9 M €1,7 M €1,5 M €1,4 M €
Cash1,2 M €1,2 M €1,3 M €1,3 M €1,3 M €
Debts561,1 k €743,4 k €741,2 k €615,9 k €520,6 k €
Other
Workforce8,9 ETP10,4 ETP10,0 ETP8,9 ETP7,7 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

18 active · 54 ended

Active mandates

Anna-Maria Kärnborg Lennhammer

Director · since 01 mai 2025 · until 31 mai 2026

Active
Javier Gandara

Director · since 27 mars 2025

Active
Patrick Jeanne

Director · since 01 mars 2025 · until 28 février 2026

Active
Helgi Mar Bjorgvinsson

Director · since 01 octobre 2024 · until 30 septembre 2025

Active
Manolis (Emmanouil) Batistakis

Director · since 01 juin 2024 · until 31 mai 2025

Active
Ruben Schuster

Director · since 12 octobre 2023

Active
Ourania Georgoutsakou

Managing director · since 26 juin 2023

Active
Antonio Pimentel

Director · since 29 mars 2023

Active
Claudio Sofia Amado Madeira Da Silva

Director · since 29 mars 2023

Active
Esben Tuman

Director · since 29 mars 2023 · until 30 avril 2024

Active
Imants Jansons

Director · since 29 mars 2023 · until 31 mars 2025

Active
Laura Artau

Director · since 29 mars 2023 · until 30 avril 2025

Active
Mathieu Tetaud

Director · since 29 mars 2023

Active
Matthew Krasa

Director · since 29 mars 2023

Active
Ralf Pastleitner

Director · since 29 mars 2023 · until 31 mars 2024

Active
Sami Lahdensuo

Director · since 29 mars 2023 · until 31 mai 2024

Active
Krystof Palenicek

Director · since 01 octobre 2020 · until 29 février 2024

Active
Patric Jeanne

Mandate

Active

Ended mandates

David Neill

Director · since 29 mars 2023 · until 24 septembre 2024

Ended
David Neill

Director · since 29 mars 2023

Ended
Esben Tuman

Director · since 29 mars 2023

Ended
Imants Jansons

Director · since 29 mars 2023

Ended

Other companies at this address

Rond-point Robert Schuman 6 1040 Bruxelles
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ASD-CERT● Active
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BCCompany● Active
0780.396.672

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 date11/05/202624/06/202514/05/202411/08/202316/03/202328/12/2021
General meeting19/03/202620/03/202520/03/202429/03/202331/03/202225/03/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/03/202611/05/2026FrenchPDF
Abridged model31/12/202420/03/202524/06/2025FrenchPDF
Abridged model31/12/202320/03/202414/05/2024FrenchPDF
Abridged model31/12/202229/03/202311/08/2023FrenchPDF
Abridged model31/12/202131/03/202216/03/2023FrenchPDF
Abridged model31/12/202025/03/202128/12/2021FrenchPDF
Abridged model31/12/201903/03/202009/11/2020FrenchPDF
Abridged model31/12/201806/03/201906/02/2020FrenchPDF
Abridged model31/12/201706/03/201803/09/2019FrenchPDF

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

18 active · 54 ended

Active mandates

Anna-Maria Kärnborg Lennhammer

Director · since 01 mai 2025 · until 31 mai 2026

Active
Javier Gandara

Director · since 27 mars 2025

Active
Patrick Jeanne

Director · since 01 mars 2025 · until 28 février 2026

Active
Helgi Mar Bjorgvinsson

Director · since 01 octobre 2024 · until 30 septembre 2025

Active
Manolis (Emmanouil) Batistakis

Director · since 01 juin 2024 · until 31 mai 2025

Active
Ruben Schuster

Director · since 12 octobre 2023

Active
Ourania Georgoutsakou

Managing director · since 26 juin 2023

Active
Antonio Pimentel

Director · since 29 mars 2023

Active
Claudio Sofia Amado Madeira Da Silva

Director · since 29 mars 2023

Active
Esben Tuman

Director · since 29 mars 2023 · until 30 avril 2024

Active
Imants Jansons

Director · since 29 mars 2023 · until 31 mars 2025

Active
Laura Artau

Director · since 29 mars 2023 · until 30 avril 2025

Active
Mathieu Tetaud

Director · since 29 mars 2023

Active
Matthew Krasa

Director · since 29 mars 2023

Active
Ralf Pastleitner

Director · since 29 mars 2023 · until 31 mars 2024

Active
Sami Lahdensuo

Director · since 29 mars 2023 · until 31 mai 2024

Active
Krystof Palenicek

Director · since 01 octobre 2020 · until 29 février 2024

Active
Patric Jeanne

Mandate

Active

Ended mandates

David Neill

Director · since 29 mars 2023 · until 24 septembre 2024

Ended
David Neill

Director · since 29 mars 2023

Ended
Esben Tuman

Director · since 29 mars 2023

Ended
Imants Jansons

Director · since 29 mars 2023

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/07/2025
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates14/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/06/2023
    DEMISSIONS, NOMINATIONS
    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 2025-89,3 k €↓
  2. 2024
    Annual accounts 2024126,8 k €↑
  3. 2023
    Annual accounts 202362,4 k €↑
  4. 2022
    Annual accounts 2022-1,4 k €↓
  5. 2021
    Annual accounts 2021140,3 k €↓
  6. 2020
    Annual accounts 2020364,9 k €↑
  7. 2019
    Annual accounts 2019208,6 k €↓
  8. 2018
    Annual accounts 2018260,8 k €↑
  9. 2017
    Annual accounts 201737,2 k €
  10. 05/04/2016
    IncorporationInternational non-profit organization