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AIRPORT BORDER

Active
Private limited companyfounded 199827 yrs activeSint-Michielslaan 125, 1040 Etterbeek, BelgiumKBO/BCE: BE 0465.101.736
Summary

AIRPORT BORDER has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.7m) and a net result of -€640,759. Equity is shrinking by ~24.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
How big
€19.2mtotal assets 2024
Equity
-€1.7m
Loss
-€640,759
Turnover not published (abridged schema)
Financially healthy?
34 Weak Checked score 2024
Bankruptcy chance 12 m
0.6%
Who decides
Parent
REU LUX 2 S.A.R.L · 77.44%
Board
2 members
Auditor: BV PwC BedrijfsrevisorenAccounts 49 d early
Why 34- Higher-failure-rate region- Annual accounts: weaker financial profile+ Lower-failure-rate sector+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability25▼-16
Solvency16▼-4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.2 in 2023; short-term debt: 105% and cash: 3.8% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-8.9%
Return on assets
-3.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
35 d early
2023
29 d early
2022
17 d late
2021
61 d late
2020
76 d late
2019
83 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Permanent representative: Arnaud GAINState Gazette act
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€1.7m View
  • Caution: Result fell in 2024from -€136,966 to -€640,759 ▼ 368% View
  • Controlled by REU LUX 2 S.A.R.Lknown shareholders 100% 77.44% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€640,759 View

By topic

Financials

Fiscal year
2024
Total assets
€19.2m
Loss
-€640,759
Solvency
-8.9%
Total assets▼ 4.7%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
REU LUX 2 S.A.R.L · 77.44%
Known shareholders
100%
Auditor
BV PwC Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
33
Since
2005
Next accounts
by 31-07-2027
  1. 12-06-2026Annual accounts filed
  2. 18-12-2025Permanent representative: Arnaud GAIN
  3. 26-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
30-12-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het, zo voor eigen rekening als voor rekening van derden, stellen van allerhande…
Go to Articles of association

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