Ranking · East Flanders · NACE 51
Air transport: the largest companies in East Flanders
As of 13 Nov 2026, 40 companies in Air transport (NACE 51) in East Flanders publish total assets in recent accounts (financial years 2025 to 2026). The top 10 account for €39.5m, out of €42.9m for all of them; median total assets are 154,502 €. Sporting Lokeren Academy leads with €19.2m (financial year 2025).
Top 40 · Air transport · East Flanders
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Sporting Lokeren Academy 9160 Lokeren | €19.2m | — | €17.2m | 2.3 | 2025 |
| 2 | Sea-Air 9042 Ghent | €6.48m | — | 134,928 € | — | 2025 |
| 3 | VP Verhuurbedrijf 9220 Hamme (Vl.) | €3.62m | — | €3.58m | — | 2025 |
| 4 | Baltair 9051 Ghent | €2.90m | — | 332,317 € | — | 2025 |
| 5 | Newton 9500 Geraardsbergen | €2.74m | — | €1.76m | — | 2025 |
| 6 | Atlantic Ballooning 9070 Destelbergen | €1.34m | — | 520,852 € | — | 2025 |
| 7 | Ilpam 9831 Sint-Martens-Latem | €1.06m | — | 144,129 € | — | 2025 |
| 8 | Aeroconsult 9050 Ghent | 998,875 € | 255,321 € | 350,208 € | — | 2025 |
| 9 | Madou 9931 Lievegem | 742,944 € | — | 156,460 € | — | 2025 |
| 10 | Ballooning 9250 Waasmunster | 398,124 € | — | 100,060 € | — | 2025 |
| 11 | Explore D 9681 Maarkedal | 280,704 € | — | 265,534 € | — | 2026 |
| 12 | JW Projects 9920 Lievegem | 250,795 € | — | −13,305 € | — | 2025 |
| 13 | Lo-Services 9080 Lochristi | 247,094 € | — | 53,074 € | — | 2025 |
| 14 | FlyMates 9451 Haaltert | 219,417 € | — | 219,197 € | — | 2025 |
| 15 | Sepla 9470 Denderleeuw | 205,989 € | — | 172,880 € | — | 2025 |
| 16 | Chicane.BE 9051 Ghent | 195,661 € | — | 147,013 € | — | 2025 |
| 17 | Real Ballooning 9080 Lochristi | 190,679 € | — | 181,688 € | — | 2025 |
| 18 | Dirk Lyssens 9470 Denderleeuw | 181,227 € | — | 144,011 € | — | 2025 |
| 19 | VIP - Air Ballooning 9112 Sint-Niklaas | 176,831 € | — | 103,330 € | — | 2025 |
| 20 | I-FLY 9032 Ghent | 165,227 € | — | 140,263 € | — | 2025 |
| 21 | Skypex Group 9032 Ghent | 143,777 € | — | −12,303 € | — | 2025 |
| 22 | Up Ballooning 9111 Sint-Niklaas | 138,299 € | — | 69,302 € | — | 2025 |
| 23 | D-Luxe Ballooning 9100 Sint-Niklaas | 129,431 € | — | 2,809 € | — | 2025 |
| 24 | The World Is Yours 9520 Sint-Lievens-Houtem | 121,389 € | — | 83,024 € | — | 2025 |
| 25 | Wind Calm Aviation 9000 Ghent | 114,389 € | — | 94,153 € | — | 2025 |
| 26 | Horizon Flight Services 9860 Oosterzele | 113,727 € | — | 58,763 € | — | 2025 |
| 27 | FLY-B-Wire 9140 Temse | 106,265 € | — | 71,028 € | — | 2025 |
| 28 | Mother Goose 9240 Zele | 94,011 € | — | 9,622 € | — | 2025 |
| 29 | Dany Oversteyns Helicopter Flights en Services 9280 Lebbeke | 71,073 € | — | 66,730 € | — | 2025 |
| 30 | Flyingly 9620 Zottegem | 70,307 € | — | 7,216 € | — | 2025 |
| 31 | Recover Ballooning 9220 Hamme (Vl.) | 61,333 € | — | 18,842 € | — | 2025 |
| 32 | Air Choice 1 9100 Sint-Niklaas | 34,366 € | — | −24,367 € | — | 2025 |
| 33 | Quality Ballooning 9100 Sint-Niklaas | 21,771 € | — | −45,930 € | — | 2025 |
| 34 | Thys Ballonvaarten 9100 Sint-Niklaas | 9,423 € | — | −22,211 € | — | 2025 |
| 35 | M+ Ballooning 9220 Hamme (Vl.) | 8,527 € | — | −6,883 € | — | 2025 |
| 36 | Belvia Group 9820 Merelbeke-Melle | 6,790 € | — | 2,417 € | — | 2025 |
| 37 | Globos 9250 Waasmunster | 5,419 € | — | 3,844 € | — | 2025 |
| 38 | VI Veri 9220 Hamme (Vl.) | 1,802 € | — | −39,237 € | — | 2025 |
| 39 | Belair-fun 9290 Berlare | 802 € | — | −6,922 € | — | 2025 |
| 40 | Echo Alfa November 9420 Erpe-Mere | 278 € | — | −187,722 € | — | 2026 |
Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Air transport across Belgium → All sectors · East Flanders →
Other sectors · East Flanders
- 01 Crop and animal production, hunting and related service activities1,004
- 02 Forestry and logging43
- 08 Other mining and quarrying13
- 10 Manufacture of food products795
- 11 Manufacture of beverages98
- 13 Manufacture of textiles175
- 14 Manufacture of wearing apparel79
- 15 Manufacture of leather and related products of other materials16
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials238
- 17 Manufacture of paper and paper products52
- 18 Printing and reproduction of recorded media325
- 20 Manufacture of chemicals and chemical products147
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations81
- 22 Manufacture of rubber and plastic products123
- 23 Manufacture of other non-metallic mineral products232
- 24 Manufacture of basic metals56
- 25 Manufacture of fabricated metal products, except machinery and equipment883
- 26 Manufacture of computer, electronic and optical products95
- 27 Manufacture of electrical equipment107
- 28 Manufacture of machinery and equipment n.e.c.255
- 29 Manufacture of motor vehicles, trailers and semi-trailers64
- 30 Manufacture of other transport equipment25
- 31 Manufacture of furniture228
- 32 Other manufacturing164
- 33 Repair, maintenance and installation of machinery and equipment519
- 35 Electricity, gas, steam and air conditioning supply131
- 36 Water collection, treatment and supply12
- 37 Sewerage32
- 38 Waste collection, recovery and disposal activities138
- 39 Remediation activities and other waste management service activities32
- 41 Construction of residential and non-residential buildings2,555
- 42 Civil engineering796
- 43 Specialised construction activities7,923
- 46 Wholesale trade4,896
- 47 Retail trade5,352
- 49 Land transport and transport via pipelines1,584
- 50 Water transport53
- 52 Warehousing, storage and support activities for transportation424
- 53 Postal and courier activities109
- 55 Accommodation383
- 56 Food and beverage service activities3,203
- 58 Publishing activities178
- 59 Motion picture, video and television programme production, sound recording and music publishing activities325
- 60 Programming, broadcasting, news agency and other content distribution activities35
- 61 Telecommunication49
- 62 Computer programming, consultancy and related activities4,087
- 63 Computing infrastructure, data processing, hosting and other information service activities515
- 64 Financial service activities, except insurance and pension funding4,362
- 65 Insurance, reinsurance and pension funding, except compulsory social security32
- 66 Activities auxiliary to financial services and insurance activities1,172
- 68 Real estate activities6,692
- 69 Legal and accounting activities2,828
- 70 Activities of head offices and management consultancy8,004
- 71 Architectural and engineering activities; technical testing and analysis2,350
- 72 Scientific research and development168
- 73 Activities of advertising, market research and public relations1,387
- 74 Other professional, scientific and technical activities736
- 75 Veterinary activities251
- 77 Rental and leasing activities493
- 78 Employment activities226
- 79 Travel agency, tour operator and other reservation service and related activities140
- 80 Investigation and security activities61
- 81 Services to buildings and landscape activities1,084
- 82 Office administrative, office support and other business support activities2,177
- 84 Public administration and defence; compulsory social security32
- 85 Education534
- 86 Human health activities5,697
- 87 Residential care activities132
- 88 Social work activities without accommodation183
- 90 Arts creation and performing arts activities461
- 91 Libraries, archives, museums and other cultural activities18
- 92 Gambling and betting activities33
- 93 Sports activities and amusement and recreation activities551
- 94 Activities of membership organisations107
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles637
- 96 Personal service activities847
Municipalities with the most companies in the sector · East Flanders
- 9100 Sint-Niklaas (Nieuwkerken-Waas)4
- 9220 Hamme (Vl.) (Hamme, Moerzeke)4
- 9032 Ghent (Wondelgem)2
- 9051 Ghent (Afsnee, Sint-Denijs-Westrem)2
- 9080 Lochristi (Beervelde, Zaffelare, Zeveneken)2
- 9250 Waasmunster2
- 9470 Denderleeuw2
- 9000 Ghent1
- 9042 Ghent (Desteldonk, Mendonk, Sint-Kruis-Winkel)1
- 9050 Ghent (Gentbrugge, Ledeberg)1
- 9070 Destelbergen (Heusden)1
- 9111 Sint-Niklaas (Belsele)1
Frequently asked questions
Which is the largest company in Air transport in East Flanders?
By total assets, it is Sporting Lokeren Academy (€19.2m, financial year 2025).
How many companies in Air transport in East Flanders are ranked?
40 out of 40 active companies in the sector with their registered office in the area: those whose latest accounts are less than 3 years old.
Why does this ranking differ from other lists?
It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.
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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 13 Nov 2026.