ACTIVE

Aviapartner Belgium

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Financial year 2025 · closed on 31/12/2025

Net result

7,5 M €

+600.7% YoY

Revenue

117,8 M €

+7.6% YoY

Equity

4,9 M €

+289.1% YoY

Workforce

869,3 ETP

+3.8% YoY

What does Aviapartner Belgium do?

Aviapartner Belgium is a Public limited company incorporated in 1961. Its main activity is: Service activities incidental to air transportation. Its registered office is in Zaventem. It employs on average 869,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.529.392

Incorporation

17/01/1961

Legal form

Public limited company

Registered office

Luchthaven Brussel Nationaal zn
1930 Zaventem · FlandreSee on map

Contributed capital

4 952 268,00 €

Latest accounts

31/12/2025

Average workforce

869,3 ETP

Activities (NACE)

52230Service activities incidental to air transportation· main 52230Service activities incidental to air transportation 63230Information service activities

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2013		2012		2011		2010		2008		2007		2006
Income statement
Revenue	117,8 M €	+7.6%	109,4 M €	+7.8%	101,5 M €	+22.5%	82,9 M €	+60.7%	51,6 M €	+25.5%	41,1 M €	-35.7%	63,9 M €	+3.7%	61,6 M €	+14.7%	53,7 M €	-34.1%	81,5 M €	+1.5%	80,3 M €	-6.2%	85,6 M €	-5.9%	91 M €	-9.9%	101 M €	+2.5%	98,5 M €	+5.5%	93,4 M €
EBITDA	2,6 M €	+15.0%	2,3 M €	-32.8%	3,4 M €	+71.5%	2 M €	+957%	-232,5 k €	+97.7%	-10 M €	-2458%	-392,6 k €	+85.3%	-2,7 M €	-181%	3,3 M €	+189%	-3,7 M €	-23.7%	-3 M €	-2488%	-114,8 k €	-102%	5,8 M €	+40.0%	4,1 M €	-60.7%	10,5 M €	+18.2%	8,9 M €
Operating result	4,1 M €	+98.5%	2,1 M €	-28.4%	2,9 M €	+67.4%	1,7 M €	+467%	-468,5 k €	+95.4%	-10,2 M €	-1801%	-534,2 k €	+80.8%	-2,8 M €	-187%	3,2 M €	+166%	-4,8 M €	-16.8%	-4,1 M €	-297%	-1 M €	-135%	2,9 M €	+731%	353,9 k €	-95.5%	7,9 M €	+28.1%	6,2 M €
Net result	7,5 M €	+601%	1,1 M €	-42.2%	1,9 M €	+92.4%	967,5 k €	+185%	-1,1 M €	+89.2%	-10,5 M €	-633%	-1,4 M €	+60.4%	-3,6 M €	-262%	2,2 M €	+143%	-5,3 M €	+2.1%	-5,4 M €	-420%	-1 M €	-281%	572,6 k €	+101%	-66,4 M €	-3354%	2 M €	+129%	-6,9 M €
Balance sheet
Equity	4,9 M €	+289%	-2,6 M €	+29.2%	-3,7 M €	+33.6%	-5,5 M €	+14.9%	-6,5 M €	-21.3%	-5,4 M €	+68.3%	-16,9 M €	-9.3%	-15,5 M €	-30.7%	-11,8 M €	-476%	3,1 M €	-62.7%	8,4 M €	-39.0%	13,8 M €	-7.0%	14,8 M €	+123%	-63,2 M €	-2115%	3,1 M €	+186%	1,1 M €
Total assets	73,6 M €	+14.6%	64,2 M €	+3.1%	62,3 M €	+17.1%	53,2 M €	-3.1%	54,9 M €	+5.5%	52 M €	+46.1%	35,6 M €	+1.1%	35,2 M €	-1.5%	35,8 M €	-22.6%	46,3 M €	-9.2%	51 M €	-11.4%	57,5 M €	-10.9%	64,6 M €	+11.1%	58,1 M €	-48.5%	112,8 M €	+4.3%	108,1 M €
Cash	5,2 M €	-0.0%	5,2 M €	+1.6%	5,1 M €	-44.3%	9,1 M €	+7.1%	8,5 M €	-10.9%	9,6 M €	+8473%	111,4 k €	+304%	27,6 k €	-0.8%	27,8 k €	+3.4%	26,9 k €	+4.5%	25,7 k €	+20.8%	21,3 k €	-68.6%	67,7 k €	-79.6%	332,7 k €	+577%	49,2 k €	+14.6%	42,9 k €
Debts	64,9 M €	+5.2%	61,7 M €	+1.3%	60,9 M €	+13.3%	53,8 M €	-4.9%	56,5 M €	+7.6%	52,6 M €	+1.5%	51,8 M €	+5.7%	48,9 M €	+8.2%	45,2 M €	+10.7%	40,9 M €	+0.3%	40,7 M €	-5.0%	42,9 M €	-9.4%	47,3 M €	-57.7%	111,9 M €	+3.8%	107,8 M €	+2.0%	105,7 M €
Other
Workforce	869,3 ETP	+3.8%	837,8 ETP	+7.2%	781,6 ETP	+8.1%	722,8 ETP	+2.7%	703,6 ETP	-6.5%	752,5 ETP	+6.0%	709,7 ETP	+3.5%	685,8 ETP	+4.8%	654,7 ETP	-31.6%	956,8 ETP	-6.1%	1 018,6 ETP	-3.5%	1 055,7 ETP	-4.5%	1 105,9 ETP	-14.8%	1 298,2 ETP	+8.1%	1 200,8 ETP	-2.2%	1 227,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 36 ended

Active mandates

AUGUR

Managing director · since 01 janvier 2026 · until 25 mai 2032 · 0468.232.262

Represented by Sebastiaan Spijkers

Active

LYS CONSEIL

Director · since 03 décembre 2025 · until 27 mai 2031 · 0473.618.039

Represented by Laurent Levaux

Active

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 21 janvier 2021 · until 25 mai 2027 · 0253.445.063

Represented by Michaël Van Loubbeeck

Active

Ended mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 21 janvier 2021 · until 31 mai 2027 · 0253.445.063

Represented by Michaël Van Loubbeeck

Ended

Prosean

Administrator - manager · since 03 mars 2020 · until 26 mai 2026 · 0723.550.318

Represented by Philip De Conick

Ended

Maurits Beerepoot

Director · since 19 décembre 2019 · until 02 mars 2020

Ended

LYS CONSEIL

Director · since 18 décembre 2019 · until 30 mai 2025 · 0473.618.039

Represented by Laurent Levaux

Ended

At this address

Other companies at this address

Company	CBE no.
NAYAK-LM BELGIUM● Active	0783.206.209

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/07/2026	09/12/2025	16/12/2024	02/08/2023	30/06/2022	08/11/2021
General meeting	30/06/2026	03/12/2025	16/12/2024	28/06/2023	30/06/2022	27/10/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Full model	31/12/2024	03/12/2025	09/12/2025	Dutch	PDF
Full model	31/12/2023	16/12/2024	16/12/2024	Dutch	PDF
Full model	31/12/2022	28/06/2023	02/08/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	27/10/2021	08/11/2021	Dutch	PDF
Full model	31/12/2019	01/06/2021	07/06/2021	Dutch	PDF
Full model	31/12/2018	29/07/2019	29/07/2019	Dutch	PDF
Full model	31/12/2017	19/10/2018	19/10/2018	Dutch	PDF
Full model	31/12/2016	26/10/2017	05/04/2018	Dutch	PDF
Full model	31/12/2015	27/10/2016	26/11/2016	Dutch	PDF
Full model	31/12/2014	02/11/2015	26/11/2015	Dutch	PDF
Full model	31/12/2013	23/04/2015	26/08/2015	Dutch	PDF
Full model	31/12/2012	07/05/2014	23/06/2014	Dutch	PDF
Full model	31/12/2011	29/05/2012	07/06/2012	Dutch	PDF
Full model	31/12/2010	31/05/2011	15/06/2011	Dutch	PDF
Full model	31/12/2009	25/05/2010	07/06/2010	Dutch	PDF
Full model	31/12/2008	26/05/2009	03/06/2009	Dutch	PDF
Full model	31/12/2007	27/05/2008	13/06/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	20/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 36 ended

Active mandates

AUGUR

Managing director · since 01 janvier 2026 · until 25 mai 2032 · 0468.232.262

Represented by Sebastiaan Spijkers

Active

LYS CONSEIL

Director · since 03 décembre 2025 · until 27 mai 2031 · 0473.618.039

Represented by Laurent Levaux

Active

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 21 janvier 2021 · until 25 mai 2027 · 0253.445.063

Represented by Michaël Van Loubbeeck

Active

Ended mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 21 janvier 2021 · until 31 mai 2027 · 0253.445.063

Represented by Michaël Van Loubbeeck

Ended

Prosean

Administrator - manager · since 03 mars 2020 · until 26 mai 2026 · 0723.550.318

Represented by Philip De Conick

Ended

Maurits Beerepoot

Director · since 19 décembre 2019 · until 02 mars 2020

Ended

LYS CONSEIL

Director · since 18 décembre 2019 · until 30 mai 2025 · 0473.618.039

Represented by Laurent Levaux

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/07/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates26/06/2020
ONTSLAGEN - BENOEMINGEN
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

01/01/2026
nominationAugur BV — bestuurder
2025
Annual accounts 20257,5 M €↑
2024
Annual accounts 20241,1 M €↓
16/12/2024
nominationLaurent Van der Linden — commissaris
2023
Annual accounts 20231,9 M €↑
2022
Annual accounts 2022967,5 k €↑
2021
Annual accounts 2021-1,1 M €↑
01/12/2021
nominationThierry Lejuste — commissaris
01/12/2021
nominationLaurent Van der Linden — commissaris
2020
Annual accounts 2020-10,5 M €↓
2018
Annual accounts 2018-1,4 M €↑
2017
Annual accounts 2017-3,6 M €↓
2016
Annual accounts 20162,2 M €↑
2013
Annual accounts 2013-5,3 M €↑
2012
Annual accounts 2012-5,4 M €↓
2011
Annual accounts 2011-1 M €↓
2010
Annual accounts 2010572,6 k €↑
2008
Annual accounts 2008-66,4 M €↓
2007
Annual accounts 20072 M €↑
2006
Annual accounts 2006-6,9 M €
17/01/1961
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

Aviapartner Belgium

Overview

What does Aviapartner Belgium do?

Trend over 16 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