ACTIVE

AIR PROMOTIONS AGENCIES

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

601,7 k €

+5.6% YoY

Gross margin

1,5 M €

-9.6% YoY

Equity

201,9 k €

+34.4% YoY

Workforce

12,7 ETP

-6.6% YoY

What does AIR PROMOTIONS AGENCIES do?

AIR PROMOTIONS AGENCIES is a Public limited company incorporated in 2008. Its main activity is: Service activities incidental to air transportation. Its registered office is in Machelen (Brab.). It employs on average 12,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.990.591

Incorporation

17/01/2008

Legal form

Public limited company

Registered office

Bedrijvenzone Machelen-Cargo 720
1830 Machelen (Brab.) · FlandreSee on map

Contributed capital

65 000,00 €

Latest accounts

31/12/2025

Average workforce

12,7 ETP

Activities (NACE)

52230Service activities incidental to air transportation· main 52230Service activities incidental to air transportation 52250Support activities for transportation 52290Other transportation support activities 52210Service activities incidental to land transportation 52210Service activities incidental to land transportation+2

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,5 M €	-9.6%	1,7 M €	-9.2%	1,8 M €	+14.5%	1,6 M €	+12.3%	1,4 M €	+16.6%	1,2 M €	+1.3%	1,2 M €	+4.9%	1,2 M €	+36.1%	849,2 k €	-6.3%	906,4 k €	+6.2%	853,7 k €	+28.1%	666,2 k €	+2.5%	649,7 k €	-9.8%	720 k €	+59.9%	450,2 k €	+11.0%	405,6 k €	+55.4%	261 k €	+54.8%	168,6 k €
EBITDA	801,5 k €	+3.2%	776,9 k €	-12.4%	887,3 k €	+15.6%	767,4 k €	+37.3%	558,8 k €	+61.4%	346,1 k €	+12.4%	307,9 k €	-10.2%	342,8 k €	+171%	126,5 k €	-31.4%	184,4 k €	+23.9%	148,8 k €	+51.2%	98,4 k €	-5.8%	104,5 k €	-63.5%	286,1 k €	+224%	88,2 k €	-31.8%	129,3 k €	+325%	30,4 k €	-8.9%	33,4 k €
Operating result	815,1 k €	+3.1%	790,4 k €	+9.3%	723,3 k €	-2.1%	738,6 k €	+58.3%	466,7 k €	+11.1%	419,9 k €	+51.7%	276,9 k €	-9.4%	305,7 k €	+240%	90 k €	-23.3%	117,3 k €	+9.8%	106,8 k €	+41.8%	75,3 k €	+51.9%	49,6 k €	-68.6%	158 k €	+115%	73,6 k €	-29.4%	104,2 k €	+399%	20,9 k €	-21.4%	26,6 k €
Net result	601,7 k €	+5.6%	570 k €	+7.1%	532,2 k €	+5.4%	504,7 k €	+56.4%	322,7 k €	+7.2%	300,9 k €	+63.3%	184,3 k €	-24.1%	242,7 k €	+658%	32 k €	-35.0%	49,3 k €	+32.7%	37,1 k €	+18.7%	31,3 k €	+36.2%	23 k €	-78.1%	104,7 k €	+109%	50 k €	-5.0%	52,6 k €	+474%	9,2 k €	-17.2%	11,1 k €
Balance sheet
Equity	201,9 k €	+34.4%	150,2 k €	-86.9%	1,1 M €	+87.2%	610,6 k €	+20.7%	505,9 k €	-48.5%	983,1 k €	+44.1%	682,2 k €	+29.2%	528 k €	+21.3%	435,3 k €	+7.9%	403,2 k €	+13.9%	354 k €	+11.7%	316,9 k €	+11.0%	285,6 k €	+8.7%	262,6 k €	+66.3%	157,9 k €	+14.5%	137,9 k €	+61.7%	85,3 k €	+12.1%	76,1 k €
Total assets	2 M €	-50.6%	4 M €	+46.1%	2,7 M €	-11.3%	3,1 M €	-11.1%	3,5 M €	+34.2%	2,6 M €	+5.0%	2,4 M €	+10.8%	2,2 M €	+21.7%	1,8 M €	-4.4%	1,9 M €	+31.9%	1,4 M €	+2.9%	1,4 M €	+11.4%	1,3 M €	+8.5%	1,2 M €	+19.5%	968,3 k €	+11.9%	865,5 k €	+16.2%	744,9 k €	+106%	361,8 k €
Cash	379,8 k €	-29.3%	537 k €	+16.7%	460,2 k €	-58.1%	1,1 M €	-24.8%	1,5 M €	+71.0%	854,3 k €	+40.0%	610,2 k €	+129%	266,2 k €	-31.8%	390,6 k €	+69.4%	230,6 k €	+89.3%	121,9 k €	+10.0%	110,7 k €	-56.6%	254,9 k €	+547%	39,4 k €	-53.5%	84,8 k €	-61.8%	222 k €	+46.2%	151,8 k €	+89.8%	80 k €
Debts	1,8 M €	-53.9%	3,8 M €	+142%	1,6 M €	-35.7%	2,5 M €	-16.3%	2,9 M €	+85.5%	1,6 M €	-10.3%	1,8 M €	+5.0%	1,7 M €	+21.9%	1,4 M €	-7.7%	1,5 M €	+37.8%	1,1 M €	+0.3%	1,1 M €	+11.6%	969,7 k €	+8.5%	894,1 k €	+11.4%	802,7 k €	+10.3%	727,6 k €	+20.9%	602 k €	+111%	285,7 k €
Other
Workforce	12,7 ETP	-6.6%	13,6 ETP	+4.6%	13,0 ETP	-16.1%	15,5 ETP	-2.5%	15,9 ETP	-3.0%	16,4 ETP	-3.5%	17,0 ETP	+12.6%	15,1 ETP	+11.0%	13,6 ETP	+8.8%	12,5 ETP	-1.6%	12,7 ETP	+23.3%	10,3 ETP	0.0%	10,3 ETP	+6.2%	9,7 ETP	+44.8%	6,7 ETP	+28.8%	5,2 ETP	-25.7%	7,0 ETP	+75.0%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Immahan Koçak

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Maïté Blondeel

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Maria Cranshof

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Philippe Versavel

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Ended mandates

MAITE BLONDEEL

Director · since 21 novembre 2022 · until 21 novembre 2028

Ended

Marcam Invest

Managing director · since 21 novembre 2022 · until 21 novembre 2028 · 0774.334.370

Represented by MARIA CRANSHOF

Ended

Marcam Invest

Director · since 12 janvier 2022 · until 12 janvier 2028 · 0774.334.370

Represented by MARIA CRANSHOF

Ended

MARIA CRANSHOF

Managing director · since 02 juin 2020 · until 01 juin 2026

Ended

At this address

Other companies at this address

Company	CBE no.
BELLITALIA● Active	0792.814.157
CC Skills● Active	0692.546.148
EDILBRANDI● Bankrupt	0771.572.444
G.DREAMS CLEANING SOLUTIONS● Bankrupt	0761.514.336
Marcam Invest● Active	0774.334.370
PIM GROUP● Active	1026.429.056
SALON DE COIFFURE KAMBERI● Active	0771.561.556
SOCCER EVOLUTION● Active	0788.710.166
THE SWAP GROUP● Active	0811.216.938

Annual accounts

Full financial information

	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	26/08/2026	09/04/2025	27/08/2024	31/08/2023	31/08/2022	13/08/2021
General meeting	01/06/2026	07/04/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	26/08/2026	Dutch	PDF
Abridged model	31/12/2024	07/04/2025	09/04/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	27/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	13/08/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	07/10/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	08/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	04/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	08/12/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	13/10/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	12/11/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Immahan Koçak

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Maïté Blondeel

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Maria Cranshof

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Philippe Versavel

Director · since 04 décembre 2025 · until 04 décembre 2031

Active

Ended mandates

MAITE BLONDEEL

Director · since 21 novembre 2022 · until 21 novembre 2028

Ended

Marcam Invest

Managing director · since 21 novembre 2022 · until 21 novembre 2028 · 0774.334.370

Represented by MARIA CRANSHOF

Ended

Marcam Invest

Director · since 12 janvier 2022 · until 12 janvier 2028 · 0774.334.370

Represented by MARIA CRANSHOF

Ended

MARIA CRANSHOF

Managing director · since 02 juin 2020 · until 01 juin 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/12/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other01/08/2008
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other28/01/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025601,7 k €↑
2024
Annual accounts 2024570 k €↑
2023
Annual accounts 2023532,2 k €↑
2022
Annual accounts 2022504,7 k €↑
2021
Annual accounts 2021322,7 k €↑
2020
Annual accounts 2020300,9 k €↑
2019
Annual accounts 2019184,3 k €↓
2018
Annual accounts 2018242,7 k €↑
2017
Annual accounts 201732 k €↓
2016
Annual accounts 201649,3 k €↑
2015
Annual accounts 201537,1 k €↑
2014
Annual accounts 201431,3 k €↑
2013
Annual accounts 201323 k €↓
2012
Annual accounts 2012104,7 k €↑
2011
Annual accounts 201150 k €↓
2010
Annual accounts 201052,6 k €↑
2009
Annual accounts 20099,2 k €↓
2008
Annual accounts 200811,1 k €
17/01/2008
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AIR PROMOTIONS AGENCIES

Overview

What does AIR PROMOTIONS AGENCIES do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline