AIRPORT GLOBAL SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of AIRPORT GLOBAL SERVICES is 1.5% (moderate). The 2024 annual accounts show equity of €18k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 3549 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40=
Solvency27▲+1
Growth63▼-1
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.02 in 2023; short-term debt: 97.4% of total assets), and 98.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
1.9%
Return on assets
1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 3549 sector peers (2024).
NBB · sector comparisonPosition among 3549 sector peers
Solvency
better than 9%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
8 d early
2022
14 d early
2021
26 d early
2020
57 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€3.08M▲ 6.5%
2023 · €2.89M
2019: €1.75M
2020: €1.03M
2021: €1.55M
2022: €2.40M
2023: €2.89M
2019 → 2024
EBIT margin
0.4%▼ 0.7pp
2023 · 1.0%
2019: 0.1%
2020: -3.0%
2021: 2.3%
2022: -0.3%
2023: 1.0%
2019 → 2024
Net result
€9k▲ 26.0%
2023 · €7k
2019: €-12k
2020: €-40k
2021: €20k
2022: €-21k
2023: €7k
2019 → 2024
Working capital
€24k▲ 59.9%
2023 · €15k
2019: €41k
2020: €-1k
2021: €22k
2022: €2k
2023: €15k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.03M-€1.55M▲ 51.0%€2.40M▲ 55.1%€2.89M▲ 20.3%€3.08M▲ 6.5%
Equity€3k-€22k▲ 754%€2k▼ 92.2%€9k▲ 407%€18k▲ 101%
Operating result€-31k-€35k€-6k€30k€11k▼ 64.0%
Net result€-40k-€20k€-21k€7k€9k▲ 26.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €920k
Equity
€18k ▲ 101%
Debt
€902k ▲ 4.4%
Debt's share of the balance-sheet total falls from 99.0% to 98.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.03▲
2023 · 1.02
Debt to equity
50.94▼
2023 · 98.19
ROE
50.3%▼
2023 · 80.3%
ROA
1.0%▲
2023 · 0.8%
Debt ≤ 1 year
€896k▲
2023 · €858k
Income taxes
€8k▼
2023 · €21k
Staff costs
€1.57M▼
2023 · €1.66M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€873k€920k▲
Current assets29/58€873k€920k▲
Amounts receivable within one year40/41€510k€685k▲
Trade receivables40€503k€684k▲
Other amounts receivable41€7k€1k▼
Current investments50/53€362k€235k▼
Other investments51/53€362k€235k▼
Deferred charges and accrued income490/1€641-
Equity and liabilities
Total equity and liabilities10/49€873k€920k▲
Equity10/15€9k€18k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-53k€-44k▲
Amounts payable17/49€864k€902k▲
Amounts payable within one year42/48€858k€896k▲
Trade debts44€186k€269k▲
Suppliers440/4€186k€269k▲
Taxes, remuneration and social security45€273k€227k▼
Taxes450/3€54k€50k▼
Remuneration and social security454/9€219k€177k▼
Other amounts payable47/48€400k€400k=
Accrued charges and deferred income492/3€6k€6k▼
Income statement
Code20232024
Operating income70/76A€3.00M€3.17M▲
Turnover70€2.89M€3.08M▲
Other operating income74€112k€94k▼
Operating charges60/66A€2.97M€3.16M▲
Goods for resale, raw materials and consumables60€17k€1k▼
Purchases600/8€17k€1k▼
Services and other goods61€1.29M€1.59M▲
Remuneration, social security and pensions62€1.66M€1.57M▼
Other operating charges640/8€929€6k▲
Operating profit (loss)9901€30k€11k▼
Financial income75/76B€6k€17k▲
Recurring financial income75€6k€17k▲
Income from current assets751€6k€5k▼
Other financial income752/9-€12k
Financial charges65/66B€8k€11k▲
Recurring financial charges65€8k€11k▲
Debt charges650€971€3k▲
Other financial charges652/9€7k€8k▲
Profit (loss) for the period before taxes9903€28k€17k▼
Income taxes67/77€21k€8k▼
Taxes670/3€23k€14k▼
Tax adjustments and reversals of tax provisions77€1k€6k▲
Profit (loss) for the period9904€7k€9k▲
Profit (loss) for the period to be appropriated9905€7k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-44k▲
Profit (loss) brought forward from the previous period14P€-60k€-53k▲
Social balance
Average headcount (FTE)908725.023.7▼
The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-07
State Gazette act
Resignations: Jorne Carolus (director) and Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)Reappointment: Jorne Carolus (director) · Appointments: Forvis Mazars Bedrijfsrevisoren BV, Hans Verlinde and 3 others · Permanent representative: Jurgen Ostyn17 facts ▸
State Gazette act
Resignations: Jorne Carolus (director) and Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)
Reappointment: Jorne Carolus (director) · Appointments: Forvis Mazars Bedrijfsrevisoren BV, Hans Verlinde and 3 others · Permanent representative: Jurgen Ostyn17 facts ▸
- General meeting, 19 juni 2026
- Director resignation, Jorne Carolus (director)
- Director reappointment, Jorne Carolus (director)
- Mandate compensation, Jorne Carolus
- Director resignation, Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)
- Auditor appointment, Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Jurgen Ostyn
- Board meeting, 17 april 2026
- Statutes amendment
- Director appointment, Hans Verlinde (chair)
- Director appointment, Jorne Carolus (managing director)
- Director appointment, Xavier Allard (director)
- +5 further facts in this act
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26349333). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Jorne Carolus
CurrentManaging director · since 29-07-2026
Hans Verlinde
CurrentChair · since 17-04-2026
Rudy Goossens
CurrentDay-to-day manager · since 17-04-2026
Xavier Allard
CurrentDirector · since 17-04-2026
29-07-2026
Jorne Carolus: Reappointed as Director
29-07-2026
Jorne Carolus: Appointed as Managing director
29-07-2026
Jorne Carolus: Appointed as Day-to-day manager
29-07-2026
Hans Verlinde: Appointed as Chair
29-07-2026
Rudy Goossens: Appointed as Day-to-day manager
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koning Albert II-laan 191210 Sint-Joost-ten-NodeGround area
2,542 m²
Building footprint
1,816 m²
Volume, LiDAR
63,447 m³
Parcel 21014A0003/00M022, Brussels · tallest building 53.4 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
AIRPORT GLOBAL SERVICES
since 20132.229.035.848
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0003/00M022 | Brussels | 2,542 m² | 1 · 1,816 m² | 53.4 m · 14 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
2 auditors| Forvis Mazars Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Jurgen Ostyn | 29-07-2026 → present |
| FORVIS MAZARS Réviseurs d'EntreprisesCurrent Statutory auditor · represented by Jurgen Ostyn | 29-07-2026 → present |
Structure & network
Connections & network
16 connected companiesLinked via shared directors
via Xavier Allard · Administrateur, représentant des entreprises d'affiliation
→
via Xavier Allard · Bestuurder a en head of finance bu building services (dagelijks bestuur)
→
via Xavier Allard · Director
→
via Xavier Allard · Day-to-day manager
→
Show 12 more companies with a shared director
via Xavier Allard · Director
→
via Xavier Allard · Director
→
via Xavier Allard · Director
→
via Xavier Allard · Director
former→
via Xavier Allard · Director and statutory auditor
former→
via Xavier Allard · Class B director
former→
via Xavier Allard · Director
former→
via Xavier Allard · Director
former→
via Xavier Allard · Class B director
former→
via Xavier Allard · Director
former→
via Xavier Allard · Director
former→
via Xavier Allard · Bestuurder c
former→
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,043 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
52250Logistics services
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:WWW.EQUANS.BE