ACTIVE

BELGIUM AIRPORT SERVICES

Financial year 2025 · Closed on 31/12/2025

Net result-1,4 M €+15,6 %over 1 year
Revenue13,7 M €-11,2 %over 1 year
Equity-5,6 M €-34,3 %over 1 year
Workforce88,5 ETP+10,8 %over 1 year

Identity

Source · BCE/KBO

BELGIUM AIRPORT SERVICES is a Public limited company incorporated in 2018. Its main activity is: Service activities incidental to air transportation. Its registered office is in Grâce-Hollogne. It employs on average 88,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0690.777.679
Incorporation
20/02/2018
Legal form
Public limited company
Registered office
Rue Saint-Exupéry 14
4460 Grâce-Hollogne · WallonieSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Average workforce
88,5 ETP
Joint committees (2)
  • 14004
  • 226
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue13,7 M €15,4 M €12,6 M €10,9 M €–
EBITDA-1,1 M €-1 M €-950,1 k €-1,7 M €-280,5 k €
Operating result-1,2 M €-1,3 M €-1,2 M €-1,8 M €-488,6 k €
Net result-1,4 M €-1,7 M €-1,4 M €-1,9 M €-525,4 k €
Balance sheet
Equity-5,6 M €-4,2 M €-2,5 M €-1,1 M €777,6 k €
Total assets5,5 M €5,4 M €4,9 M €3,8 M €8 M €
Cash1,6 M €1,2 M €902,9 k €734,7 k €2,5 M €
Debts10,8 M €9,2 M €7 M €4,8 M €7,2 M €
Other
Workforce88,5 ETP79,9 ETP79,3 ETP89,5 ETP99,5 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 11 ended

Active mandates

JEROEN GILING

Director

Active
Paul SCHNEIDER

Director

Active
Wielfried JANS

Managing director

Active

Ended mandates

OB INVEST

Managing director · since 01 janvier 2021 · until 31 décembre 2026

Represented by Olivier BIJAOUI

Ended
AIRFREIGHT DEVELOPMENT WORLDWIDE SA

Managing director · since 01 janvier 2020 · until 31 décembre 2025

Represented by Alain Decors

Ended
Ulrich Ogiermann

Director · since 21 novembre 2019 · until 20 novembre 2025

Ended
Ulrich Ogiermann

Director · since 21 novembre 2019

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date22/07/202614/08/202502/10/202426/09/202326/07/202230/09/2021
General meeting15/07/202629/07/202527/09/202415/06/202316/06/202220/09/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/07/202622/07/2026FrenchPDF
Full model31/12/202429/07/202514/08/2025FrenchPDF
Full model31/12/202327/09/202402/10/2024FrenchPDF
Full modelCorrection31/12/202215/06/202326/09/2023FrenchPDF
Full model31/12/202215/06/202331/08/2023FrenchPDF
Abridged model31/12/202116/06/202226/07/2022FrenchPDF
Abridged model31/12/202020/09/202130/09/2021FrenchPDF
Abridged model31/12/201903/08/202001/09/2020FrenchPDF

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

3 active · 11 ended

Active mandates

JEROEN GILING

Director

Active
Paul SCHNEIDER

Director

Active
Wielfried JANS

Managing director

Active

Ended mandates

OB INVEST

Managing director · since 01 janvier 2021 · until 31 décembre 2026

Represented by Olivier BIJAOUI

Ended
AIRFREIGHT DEVELOPMENT WORLDWIDE SA

Managing director · since 01 janvier 2020 · until 31 décembre 2025

Represented by Alain Decors

Ended
Ulrich Ogiermann

Director · since 21 novembre 2019 · until 20 novembre 2025

Ended
Ulrich Ogiermann

Director · since 21 novembre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/02/2024
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Other25/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/04/2021
    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 2025-1,4 M €↑
  2. 2024
    Annual accounts 2024-1,7 M €↓
  3. 2023
    Annual accounts 2023-1,4 M €↑
  4. 2022
    Annual accounts 2022-1,9 M €↓
  5. 2021
    Annual accounts 2021-525,4 k €↓
  6. 2020
    Annual accounts 2020876,8 k €↑
  7. 2019
    Annual accounts 2019448,7 k €
  8. 20/02/2018
    IncorporationPublic limited company