ACTIVE

AERO SERVICES

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Financial year 2025 · Closed on 31/12/2025

Net result3 M €+123,4 %over 1 year
Revenue17,3 M €+2,6 %over 1 year
Equity5,1 M €-37,3 %over 1 year
Workforce70,7 ETP+5,8 %over 1 year

Identity

Source · BCE/KBO

AERO SERVICES is a Public limited company incorporated in 2001. Its main activity is: Service activities incidental to air transportation. Its registered office is in Grâce-Hollogne. It employs on average 70,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.022.055
Incorporation
08/11/2001
Legal form
Public limited company
Registered office
Aéroport de Liège bat 36 box 15
4460 Grâce-Hollogne · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
70,7 ETP
Joint committees (10)
  • 121
  • 1210
  • 12100
  • 140
  • 14004
  • 2000
  • 20000
  • 200000
  • 218
  • 31502
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue17,3 M €16,9 M €13,7 M €––
EBITDA4,5 M €4,7 M €1,2 M €3,2 M €5,1 M €
Operating result4 M €2,4 M €195,9 k €2,2 M €4,2 M €
Net result3 M €1,4 M €171,1 k €1,7 M €3,2 M €
Balance sheet
Equity5,1 M €8,1 M €8,3 M €8 M €6,4 M €
Total assets13,3 M €14,5 M €14,2 M €13,6 M €14,6 M €
Cash2,1 M €2,1 M €3,4 M €290,1 k €301,4 k €
Debts8 M €5,3 M €5,9 M €5,7 M €8,2 M €
Other
Workforce70,7 ETP66,8 ETP69,1 ETP69,3 ETP51,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Belgian Airport Investment Partners1002.972.872Represented by Joseph VANDERSTAPPEN
Directorsince 01/12/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Interneas0421.975.635Represented by Jacques DEWAELHEYNS
Managerlisted until the 2014 accounts
Joseph Vanderstappen
Director01/12/2003 → 2022 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202626/06/202511/07/202420/07/202303/08/202225/08/2021
General meeting29/05/202620/06/202524/06/202430/06/202302/08/202224/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202615/06/2026FrenchPDF
Full model31/12/202420/06/202526/06/2025FrenchPDF
Full model31/12/202324/06/202411/07/2024FrenchPDF
Abridged model31/12/202230/06/202320/07/2023FrenchPDF
Abridged model31/12/202102/08/202203/08/2022FrenchPDF
Abridged model31/12/202024/08/202125/08/2021FrenchPDF
Abridged model31/12/201925/06/202001/07/2020FrenchPDF
Abridged model31/12/201831/05/201912/06/2019FrenchPDF
Abridged model31/12/201730/07/201801/08/2018FrenchPDF
Abridged model31/12/201617/08/201723/08/2017FrenchPDF
Abridged modelCorrection31/12/201504/04/201601/05/2017FrenchPDF
Abridged model31/12/201514/12/201623/12/2016FrenchPDF
Abridged model31/12/201424/12/201519/02/2016FrenchPDF
Abridged model31/12/201330/05/201425/02/2015FrenchPDF
Abridged model31/12/201231/05/201314/04/2014FrenchPDF
Abridged model31/12/201128/12/201207/01/2013FrenchPDF
Abridged model31/12/201015/11/201124/01/2012FrenchPDF
Abridged model31/12/200912/11/201016/11/2010DutchPDF
Abridged model31/12/200829/05/200929/09/2009DutchPDF
Abridged modelCorrection31/12/200730/05/200813/02/2009FrenchPDF
Abridged model31/12/200730/05/200810/02/2009FrenchPDF
Abridged model31/12/200629/06/200706/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Belgian Airport Investment Partners1002.972.872Represented by Joseph VANDERSTAPPEN
Directorsince 01/12/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Interneas0421.975.635Represented by Jacques DEWAELHEYNS
Managerlisted until the 2014 accounts
Joseph Vanderstappen
Director01/12/2003 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/10/2026
    Renouvellement commissaire
    PDF
  • Mandates17/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2025
    MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/12/2021
    SIEGE SOCIAL
    PDF
  • Capital / shares27/09/2021
    CAPITAL, ACTIONS
    PDF
  • Mandates05/07/2021
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
Belgian Airport Investment Partners
Interneas
Joseph VANDERSTAPPEN
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
AERO SERVICES
Aéroport de Liège bât bte 36 15, 4460 Grâce-Hollogne
Director
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Aéroport de Liège bat 36 bte 15, 4460 Grâce-HollogneCurrent
CBE
Aéroport de Liège bât bte 36 15, 4460 Grâce-Hollogne
accounts 2024 → 2025
Accounts 2025 · 2026-00166583
Aéroport de Liège 36 bte 15, 4460 Grâce-Hollogne
accounts 2023
Accounts 2023 · 2024-00241307
Aéroport de Liège bât bte 36 15, 4460 Grâce-Hollogne
accounts 2022
Accounts 2022 · 2023-00258940
Aéroport de Liège bât bte 52 17, 4460 Grâce-Hollogne
accounts 2021
Accounts 2021 · 2022-20273195

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
AERO SERVICESCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00166583

Events

  1. 2025
    Annual accounts 20253 M €↑
  2. 2024
    Annual accounts 20241,4 M €↑
  3. 2023
    Annual accounts 2023171,1 k €↓
  4. 2022
    Annual accounts 20221,7 M €↓
  5. 2021
    Annual accounts 20213,2 M €↑
  6. 2015
    Annual accounts 2015106 k €↑
  7. 2014
    Annual accounts 2014-69,1 k €↓
  8. 2013
    Annual accounts 201390,3 k €↓
  9. 2012
    Annual accounts 2012153,1 k €↓
  10. 2011
    Annual accounts 2011281,6 k €↓
  11. 2010
    Annual accounts 2010421,6 k €↑
  12. 2009
    Annual accounts 20096,6 k €↓
  13. 2008
    Annual accounts 200834,1 k €↓
  14. 2007
    Annual accounts 200788,4 k €↑
  15. 2006
    Annual accounts 2006-58,9 k €
  16. 08/11/2001
    IncorporationPublic limited company