Aviapartner Belgium

Active

Public limited companyfounded 1961active for 65 yearsLuchthaven Brussel Nationaal zn, 1930 Zaventem, Belgium71 active companies are registered at this addressKBO/BCE: BE 0404.529.392

Summary

Aviapartner Belgium has been active since 1961 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.9m and a net result of €7.5m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 860 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

Aviapartner BelgiumActiveChecked score 68/100

Risk analysis Report Compare

Activity

Warehousing and support activities for transportation

NACE 52230

Oldest company in Zaventem, Transport and storage sector2 sites

Size

€117.8mturnover 2025

Staff: 869.3 FTE
Equity: €4.9m
Profit: €7.5m

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

Largest shareholder: Aviapartner Holding · 18.37%
Board: 4 members
Holdings: 2

Augur BVManaging director · permanent representative Sebastiaan Spijkers

Auditor: RSM INTERAUDIT2025 accounts 9 days early

Why 68raises riskEquity €4.9m (6.7% of total assets)Sector: Warehousing and support activities for transportation (NACE 52)2 of the last 3 latelowers riskSize: turnover €117.8m, 869.3 FTE, total assets €73.6mShow the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 42% of its sector peers (NACE 52, large)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 32+11

equity 6.7% of total assets

Liquidity 31+8

short-term debt 53.9% · cash 7.0%

Profitability 43+14

return on assets 10.2%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (66 companies, NACE 52, large)

Last 24 months 11-2024: 1.2% 12-2024: 1.4%▲ +0.2 percentage points vs 11-2024 01-2025: 1.5%▲ +0.1 percentage points vs 12-2024 02-2025: 1.4%▼ -0.1 percentage points vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 2.2%▲ +0.3 percentage points vs 11-2025highest value 01-2026: 1.7%▼ -0.5 percentage points vs 12-2025 02-2026: 1.6%▼ -0.1 percentage points vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 0.7%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value

Credit of up to €330,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.74, compared with 1.23 in 2024, below 1; short-term debt: 53.9% and cash: 7% of total assets), and 93.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, large): better than 28% on solvency, 35% on liquidity, 28% on profitability and 76% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Equity €4.9m (6.7% of total assets)

NBB · annual accounts

Size: turnover €117.8m, 869.3 FTE, total assets €73.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Warehousing and support activities for transportation (NACE 52)

KBO

2 of the last 3 late

NBB · filings

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 860 sector peers (2025).

NBB · sector comparison

Position among 860 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

9 days early

2024

131 days late

2023

138 days late

2022

2 days late

2021

31 days early

2020

100 days late

2019

311 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 92 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 August (4 of the last 5 filed years within 129 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

22-07-2026 Annual accounts filedfinancial year 2025 · full…
16-06-2026 Reappointment: Lys Conseil SRL (director)Permanent representative: Laurent Levaux
03-02-2026 Resignation: Prosean BV (director)Permanent representatives: Philip De Coninck…

Key points

Positive: Result rose in 2025from €1.1m to €7.5m ▲ 601% View
Positive: Oldest company in Zaventem, Transport and storage sectorin the Checked rankings No. 1 View
Positive: 5 years of growth in a rowturnover 2025: €117.8m 5 years View
Flemish supportawarded from 2022 to 2025 €1.1m View
Board changedlatest change 01-01-2026 · 4 in office 1 joined · 1 left View
Active since 1961founded 17-01-1961 65 years View

By topic

Financials

Financial year: 2025
Turnover: €117.8m
Profit: €7.5m
Solvency: 6.7%

Turnover▲ 7.6%

Net result

20182025

Go to Financials

Board & ownership

Board: 4 members
Largest shareholder: Aviapartner Holding · 18.37%
Auditor: RSM INTERAUDIT

LYS CONSEILDirector
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENTDirector
Augur BVManaging director
Federale Participatie- en InvesteringsmaatschappijDirector

Go to Board & ownership

Network & group

Subsidiaries: 1
Direct holdings: 2
Connected companies: 3
Mergers and asset contributions: 2

2 holdings

Go to Network & group

Timeline

Events: 90
Since: 1978
Next accounts: by 31-07-2027

31-12-2025Highest result from 2018 to 2025
31-12-2025Equity above €2m
09-12-2025Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Warehousing and support activities for transportationNACE 52230
Founded: 17-01-1961
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

Purpose: “De levering van alle diensten en goederen die rechtstreeks of onrechtstreeks verband…” (deed in Dutch)

Go to Articles of association

Key facts about Aviapartner Belgium

What is the company number of Aviapartner Belgium?: 0404.529.392. In Belgium the VAT number is the company number with BE in front: BE 0404.529.392.
Where is Aviapartner Belgium based?: The registered office is at Luchthaven Brussel Nationaal zn, 1930 Zaventem.Company details
What does Aviapartner Belgium do?: According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52230).
What is the legal form of Aviapartner Belgium?: Public limited company (NV).
When was Aviapartner Belgium founded?: On 17-01-1961.
Is Aviapartner Belgium still active?: Yes, Aviapartner Belgium is an active enterprise in the KBO register.
How many employees does Aviapartner Belgium have?: On average 869.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Aviapartner Belgium?: €117.8m in financial year 2025, according to the filed annual accounts.
Is Aviapartner Belgium profitable?: In financial year 2025, Aviapartner Belgium made a profit of €7.5m.
Where can I find the annual accounts of Aviapartner Belgium?: Aviapartner Belgium filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Aviapartner Belgium due?: By 31-07-2027, for financial year 2026.Timeline