ACTIVE

Aircraft Solutions

Financial year 2025 · closed on 31/12/2025
Net result
5,5 k €
-52.1% YoY
Gross margin
794 k €
-1.7% YoY
Equity
138,7 k €
+4.1% YoY
Workforce
9,4 ETP
+147.4% YoY

What does Aircraft Solutions do?

Aircraft Solutions is a Private limited company incorporated in 2012. Its main activity is: Repair and maintenance of aircraft and spacecraft. Its registered office is in Genk. It employs on average 9,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0843.922.368
Incorporation
23/02/2012
Legal form
Private limited company
Registered office
Vliegplein 2 box 1
3600 Genk · FlandreSee on map
Contributed capital
630 000,00 €
Latest accounts
31/12/2025
Average workforce
9,4 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin794 k €808,1 k €363,3 k €272,9 k €365,5 k €260,8 k €570,6 k €561,5 k €258,2 k €152,1 k €148,1 k €112,8 k €62,2 k €55,2 k €
EBITDA68,3 k €36,5 k €-271,1 k €-247,2 k €-26,6 k €-135,3 k €264,2 k €316,6 k €101,1 k €1,5 k €47,6 k €50,6 k €17,3 k €14,6 k €
Operating result29,6 k €29,8 k €-281,9 k €-386,5 k €-27 k €-191,2 k €263,7 k €315,3 k €99,3 k €-14,7 k €25,5 k €23,9 k €-3,1 k €-5,8 k €
Net result5,5 k €11,4 k €-306,3 k €-450,8 k €20,9 k €-283,7 k €226,2 k €287,1 k €71,5 k €-36,2 k €14,2 k €13,2 k €-10,3 k €-8,4 k €
Balance sheet
Equity138,7 k €133,2 k €-158,2 k €-151,9 k €298,9 k €278,1 k €561,8 k €335,6 k €48,5 k €-23 k €58,7 k €44,5 k €31,3 k €41,6 k €
Total assets2,5 M €1,7 M €1,5 M €1,1 M €1,8 M €2,4 M €2,3 M €1,6 M €1,2 M €696 k €856 k €386 k €276 k €313,9 k €
Cash382,9 k €53,2 k €30,7 k €9,3 k €55,5 k €1,4 M €859,1 k €525,7 k €299,5 k €105,2 k €448 k €27,4 k €8,1 k €37,4 k €
Debts2,3 M €1,4 M €1,6 M €1,2 M €1,5 M €2,1 M €1,7 M €1,2 M €840,1 k €549,4 k €797,3 k €341,6 k €244,7 k €263,2 k €
Other
Workforce9,4 ETP3,8 ETP2,9 ETP3,5 ETP3,5 ETP5,8 ETP4,8 ETP6,0 ETP3,0 ETP3,0 ETP2,0 ETP2,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Antoine Cornet de Ways-Ruart

Chairman of the board of directors · since 19 décembre 2023

Active
AVIATION PARTNERS COMPANY

Managing director · since 19 décembre 2023 · 0762.455.731

Represented by Michel GRIGNARD

Active
Frank Desmet

Director · since 19 décembre 2023

Active
Maxime Cornet de Ways-Ruart

Director · since 19 décembre 2023

Active

Ended mandates

Antoine Cornet de Ways-Ruart

Chairman of the board of directors · since 29 novembre 2022

Ended
AVIATION PARTNERS COMPANY

Managing director · since 29 novembre 2022 · 0762.455.731

Represented by Michel GRIGNARD

Ended
Frank Desmet

Director · since 29 novembre 2022

Ended
HELI SUPPORT

Managing director · since 29 janvier 2021 · until 29 novembre 2022 · 0439.055.355

Represented by Frank DESMET

Ended
At this address

Other companies at this address

CompanyCBE no.
0433.594.255
LIMBURG MAINTENANCELiquidation
0466.535.950
0442.606.248
ZetWeeBankrupt
0545.830.876
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date10/07/202607/07/202511/07/202419/07/202329/07/202225/10/2021
General meeting29/06/202630/06/202524/06/202426/06/202326/07/202222/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202610/07/2026DutchPDF
Abridged model31/12/202430/06/202507/07/2025DutchPDF
Abridged model31/12/202324/06/202411/07/2024DutchPDF
Abridged model31/12/202226/06/202319/07/2023DutchPDF
Abridged model31/12/202126/07/202229/07/2022DutchPDF
Abridged model31/12/202022/10/202125/10/2021DutchPDF
Abridged model31/12/201929/06/202003/07/2020DutchPDF
Abridged model31/12/201824/06/201922/07/2019DutchPDF
Abridged model31/12/201725/06/201826/06/2018DutchPDF
Abridged model31/12/201626/06/201718/07/2017DutchPDF
Abridged model31/12/201527/06/201627/07/2016DutchPDF
Abridged model31/12/201429/06/201524/07/2015DutchPDF
Abridged model31/12/201330/06/201407/07/2014DutchPDF
Abridged model31/12/201224/06/201330/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 active · 15 ended

Active mandates

Antoine Cornet de Ways-Ruart

Chairman of the board of directors · since 19 décembre 2023

Active
AVIATION PARTNERS COMPANY

Managing director · since 19 décembre 2023 · 0762.455.731

Represented by Michel GRIGNARD

Active
Frank Desmet

Director · since 19 décembre 2023

Active
Maxime Cornet de Ways-Ruart

Director · since 19 décembre 2023

Active

Ended mandates

Antoine Cornet de Ways-Ruart

Chairman of the board of directors · since 29 novembre 2022

Ended
AVIATION PARTNERS COMPANY

Managing director · since 29 novembre 2022 · 0762.455.731

Represented by Michel GRIGNARD

Ended
Frank Desmet

Director · since 29 novembre 2022

Ended
HELI SUPPORT

Managing director · since 29 janvier 2021 · until 29 novembre 2022 · 0439.055.355

Represented by Frank DESMET

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/01/2025
    DIVERSEN
    PDF
  • Mandates23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2017
    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

Timeline

  1. 2025
    Annual accounts 20255,5 k €
  2. 2024
    Annual accounts 202411,4 k €
  3. 2023
    Annual accounts 2023-306,3 k €
  4. 2022
    Annual accounts 2022-450,8 k €
  5. 2021
    Annual accounts 202120,9 k €
  6. 2020
    Annual accounts 2020-283,7 k €
  7. 2019
    Annual accounts 2019226,2 k €
  8. 2018
    Annual accounts 2018287,1 k €
  9. 2017
    Annual accounts 201771,5 k €
  10. 2016
    Annual accounts 2016-36,2 k €
  11. 2015
    Annual accounts 201514,2 k €
  12. 2014
    Annual accounts 201413,2 k €
  13. 2013
    Annual accounts 2013-10,3 k €
  14. 2012
    Annual accounts 2012-8,4 k €
  15. 23/02/2012
    IncorporationPrivate limited company