NORMAL SITUATION

SES AIRCRAFT ENGINE LEASING BELGIUM

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Company — Normal situation.

Financial year 2025 · Closed on 30/09/2025

Net result-267,2 €-101,5 %over 1 year

Gross margin0 €+100,0 %over 1 year

Equity1,6 M €-0,0 %over 1 year

Identity

Source · BCE/KBO

SES AIRCRAFT ENGINE LEASING BELGIUM is a company registered in Belgium.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0436.935.015
Legal form: Private limited company
Contributed capital: 110 436,52 €
Latest accounts: 30/09/2025

Signals

Solid equityGood liquidity

Financials

Source · NBB, 36 filings

Trend over 14 financial years

	2025		2024		2023		2015		2014
Income statement
Gross margin	0 €	+100%	-390,6 €		–		–		–
EBITDA	0 €	+100%	-522,5 €	-100%	158,1 k €	-22.4%	203,8 k €	+44.6%	141 k €
Operating result	0 €	+100%	-522,5 €	-100%	158,1 k €	-22.4%	203,8 k €	+44.6%	141 k €
Net result	-267,2 €	-102%	17,6 k €	-86.7%	131,8 k €	+169%	49 k €	-65.0%	140 k €
Balance sheet
Equity	1,6 M €	-0.0%	1,6 M €	+1.1%	1,6 M €	+122%	697,5 k €	+7.6%	648,5 k €
Total assets	1,6 M €	-0.0%	1,6 M €	-0.1%	1,6 M €	-56.1%	3,6 M €	+3.4%	3,5 M €
Cash	1,6 M €	-0.0%	1,6 M €	+0.3%	1,6 M €	+258%	442,7 k €	-35.3%	684,4 k €
Debts	19,6 k €	0.0%	19,6 k €	-49.1%	38,5 k €	-98.6%	2,8 M €	+2.2%	2,8 M €

Board of directors

Source · NBB, accounts to 30/09/2025

0 active · 13 ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dave Beary	Director24/02/2021 → 30/09/2025
Ivan Francis Graydon	Director24/02/2021 → 30/09/2025

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	30/09/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/11/2025	04/09/2025	08/08/2024	31/07/2023	24/08/2022	05/07/2021
General meeting	30/09/2025	10/06/2025	05/07/2024	28/07/2023	27/07/2022	30/06/2021
Currency of the financial year	USD	USD	USD	USD	USD	USD
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 36 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	30/09/2025	04/11/2025	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	04/09/2025	Dutch	PDF
Full model	31/12/2023	05/07/2024	08/08/2024	Dutch	PDF
Full model	31/12/2022	28/07/2023	31/07/2023	Dutch	PDF
Full model	31/12/2021	27/07/2022	24/08/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	29/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	11/06/2019	11/06/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	05/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	14/06/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	09/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	10/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	15/07/2013	14/08/2013	Dutch	PDF
Full model	31/12/2011	26/12/2012	26/12/2012	Dutch	PDF
Full model	31/12/2010	04/11/2011	16/12/2011	Dutch	PDF
Full modelCorrection	31/12/2009	30/09/2011	17/10/2011	Dutch	PDF
Full model	31/12/2009	12/01/2011	23/06/2011	Dutch	PDF
Full model	31/12/2008	12/01/2011	03/02/2011	Dutch	PDF
Full model	31/12/2007	21/08/2009	28/08/2009	Dutch	PDF
Full model	31/12/2006	21/08/2009	28/08/2009	Dutch	PDF
Full modelCorrection	31/12/2005	24/06/2008	30/07/2008	Dutch	PDF
Full model	31/12/2005	27/07/2006	28/07/2006	Dutch	PDF
Full model	31/12/2004	09/11/2005	28/11/2005	Dutch	PDF
Full model	31/12/2003	24/08/2004	30/09/2004	Dutch	PDF
Full model	31/12/2002	17/06/2003	17/07/2003	Dutch	PDF
Full model	31/12/2001	20/09/2002	17/12/2002	Dutch	PDF
Full model	31/12/2000	01/01/9999	15/01/2002	Dutch	PDF
Full model	31/12/1999	30/11/2000	29/12/2000	Dutch	PDF
Full model	31/12/1998	29/06/1999	28/07/1999	Dutch	PDF
Full modelCorrection	31/12/1997	27/01/1999	07/05/1999	Dutch	PDF
Full model	31/12/1997	27/01/1999	19/02/1999	Dutch	PDF
Full model	31/12/1996	10/06/1997	10/10/1997	Dutch	—
Full model	31/12/1995	11/06/1996	10/10/1997	Dutch	—
Full model	31/12/1994	16/02/1996	04/04/1997	Dutch	—
Full model	31/12/1993	07/04/1995	04/04/1997	Dutch	—

Indicative valuation

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.

Board of directors

Source · NBB, accounts to 30/09/2025

0 active · 13 ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dave Beary	Director24/02/2021 → 30/09/2025
Ivan Francis Graydon	Director24/02/2021 → 30/09/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Annual accounts14/10/2025
GOEDKEURING VAN DE VERKORTE JAARREKENING — KWIJTINGEN -
PDF
Mandates14/02/2024
Ontslag van een bestuurder
PDF
Mandates29/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates12/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2017
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Dave Beary

Ivan Francis Graydon

Gitte de Brabander

Fabien Varigny

TMF Management

David Beary

Geert VAN DAMME

Ivan GRAYDON

Marion Coleman

TMF Services NV

Patrick Bergin

TMF ACCOUNTING SERVICES

and 1 more mandate

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

SES Aircraft Engine Leasing Belgium

Brussels Airport, Building 24 bte b, 1930 Zaventem

Director

Managing directorDirector

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Brussels Airport, Building 24 bte b, 1930 Zaventem	accounts 2024 → 2025	Accounts 2025 · 2025-00565574
Brussels Airport, Building 24b, 1930 Zaventem	accounts 2023	Accounts 2023 · 2024-00343723

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SES Aircraft Engine Leasing Belgium in liquidation	accounts 2025	Accounts 2025 · 2025-00565574
SES Aircraft Engine Leasing Belgium	accounts 2023 → 2024	Accounts 2024 · 2025-00488769

Events

2025
Annual accounts 2025-267,2 €↓
2025
Name changeSES Aircraft Engine Leasing Belgium in liquidation
2024
Annual accounts 202417,6 k €↓
2023
Annual accounts 2023131,8 k €↑
2015
Annual accounts 201549 k €↓
2014
Annual accounts 2014140 k €↓
2013
Annual accounts 2013158,8 k €↑
2012
Annual accounts 2012142,5 k €↓
2011
Annual accounts 2011208 k €↑
2010
Annual accounts 2010148,9 k €↑
2009
Annual accounts 2009-72,6 k €↓
2008
Annual accounts 2008-36,8 k €↓
2007
Annual accounts 2007-5,6 k €↑
2006
Annual accounts 2006-8,4 k €↑
2005
Annual accounts 2005-34 k €

SES AIRCRAFT ENGINE LEASING BELGIUM

Overview

Identity

Financials

Board of directors

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

Timeline

Registered offices

Company names

Events