Equity
-€3.3m
Debts exceed assets in financial year 2025.
AVIAPARTNER OSTEND
Lifetime
15 annual accounts with figures on one time axispeak €5.7m (2013)
€5.6m▲ 33.7%
lowest -€1.5m (2024)
-€85,053▲ €1.4m
peak -€89,457 (2011)
-€3.3m▼ €85,053
€4.4m▲ 17.0%
peak 74.6 FTE (2011)
45.8 FTE▼ 6.3%
Board5 names since 2020
2 directorsLys Conseil SRL and 1 other
Owners2 names in the annual accounts
99%Aviapartner Belgium and 1 other
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Turnover from €4.2m to €5.6mLoss of €85,053Appointment: SRL RSM INTERAUDIT (statutory auditor) 23-04Debts from €3.7m to €4.4mCash from €11 to €7,899
Key points
from the 2025 annual accountsLosses
-€1.7m in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€4.4m 277% of the balance sheet
Suppliers 19%Taxes and wages 15%Other 66%
Staff
45.8 FTE from 74.6 in 2011
Between 2011 and 2025, 39% of the full-time equivalents disappeared.
Filings
15 annual accounts since 2011
Seven of the last ten came late. The 2019 accounts came latest: 311 days after the end of the period.
Position in the sector
-206.6%
Lower solvency than 95% of companies in warehousing and transport support. Sector median 37.5% · 863 companies.
Checked score
27
Weak
Financially stronger than 20% of small companies in warehousing and transport support (NACE 52)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
14.8% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 596 companies (NACE 52, small).
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 15.6%
01-2025: ≥ 25%▲ +11.9 percentage points vs 12-2024
02-2025: ≥ 25%● unchanged vs 01-2025
03-2025: ≥ 25%● unchanged vs 02-2025
04-2025: ≥ 25%● unchanged vs 03-2025
05-2025: ≥ 25%● unchanged vs 04-2025
06-2025: ≥ 25%● unchanged vs 05-2025
07-2025: ≥ 25%● unchanged vs 06-2025
08-2025: 24.7%▼ -0.9 percentage points vs 07-2025
09-2025: 24.3%▼ -0.4 percentage points vs 08-2025
10-2025: 22.0%▼ -2.3 percentage points vs 09-2025
11-2025: 22.2%▲ +0.2 percentage points vs 10-2025
12-2025: 23.4%▲ +1.2 percentage points vs 11-2025
01-2026: ≥ 25%▲ +10.0 percentage points vs 12-2025highest value
02-2026: ≥ 25%● unchanged vs 01-2026highest value
03-2026: ≥ 25%● unchanged vs 02-2026
04-2026: ≥ 25%● unchanged vs 03-2026
05-2026: ≥ 25%● unchanged vs 04-2026
06-2026: ≥ 25%● unchanged vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: 14.8%▼ -15.3 percentage points vs 07-2026lowest value
09-2026: 14.8%● unchanged vs 08-2026lowest value
10-2026: 14.8%● unchanged vs 09-2026lowest value
11-2026: 14.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Judicial reorganisation on record (1 publication, latest 14-03-2019)
Negative equity -€3.3m
2 of the last 3 accounts late
Sector: Warehousing and support activities for transportation (NACE 52)
Calculation
The band follows from the bankruptcy probability. 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, small). It does better than 2% of them on solvency, 3% on liquidity, 13% on profitability and 61% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,216 companies had the same profile as AVIAPARTNER OSTEND has now. Each dot stands for 4 companies, two years later.
95.7%
were still trading
2.6%
stopped another way
1.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AVIAPARTNER OSTEND itself is higher: 14.8% within 12 months. It rests on far more data about AVIAPARTNER OSTEND than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,216 companies, not a prediction for AVIAPARTNER OSTEND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.34 (0.25 in 2024), below 1. Short-term debt is 276.6% and cash 0.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
131 days late
2023
138 days late
2022
3 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
The company filed its last 7 accounts on average 92 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · 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 3 August (4 of the last 5 accounts filed within 128 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
AB
Augur BV
Managing director, Sebastiaan Spijkers
LC
Lys Conseil SRL
Director, Laurent Levaux
- Aviapartner Belgium 99%score 68equity €4.9m (2025) · 2025 annual accounts of Aviapartner Belgium
- Aviapartner Holding 1.06%score 53equity €9.0m (2024) · 2024 annual accounts of Aviapartner Holding
Recent changes
1 director resigning, 1 reappointment
Resignation: Lys Conseil SRL · Permanent representative: Laurent Levaux · Reappointment: Lys Conseil SRL · General meeting of 31-07-2026 · Gazette deed
New managing director
Augur BV appointed, Prosean BV resigned · Permanent representatives: Philip De Coninck and Sebastiaan Spijkers · General meeting of 09-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832301273
Appointment: SRL RSM INTERAUDIT (statutory auditor)
General meeting of 16-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AVIAPARTNER OSTEND Zaventem | €5.6m | 0.2% | -206.6% | 45.8 |
| BRANDWACHT HUREN Lokeren | €4.2m | 2.3% | -30.0% | 52.8 |
| HCL LOGISTICS Machelen (Brab.) | €8.0m | 2.3% | 6.5% | 9 |
| BELGIUM AIRPORT SERVICES Grâce-Hollogne | €13.7m | -8.4% | -103.0% | 88.5 |
| EUROPEAN SUPPORT CENTER Genk | €5.2m | 10.6% | 53.2% | 7.9 |
| LEM Antwerpen Antwerp | €5.8m | 3.4% | 1.0% | 38.7 |
| LIMBURG REGIONAL AIRPORT Sint-Truiden | €2.3m | -12.7% | -135.8% | 7.7 |
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as AVIAPARTNER OSTEND: warehousing and support activities for transportation (NACE 52230). They are comparable in size and age: total assets between €580,000 and €12m, founded between 2005 and 2018.
Official details
Source: KBO- Status
- Active since 29-12-2010Normal situation
- Activity
- Warehousing and support activities for transportationNACE 52230and 2 others
- Joint committees
- 140Transport and logistics
- 226White-collar workers in international trade, transport and logistics · annual accounts 2025
- Establishment unit
- 2.233.455.5838400 Ostend, since 01-04-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €1.6m▲ 54.3%
- Employeeson 31-12-2025
- 50▼ 2.0%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on AVIAPARTNER OSTEND
AVIAPARTNER OSTEND has existed since 2010. Turnover grew from €3.8m in 2011 to €5.6m in 2025, while staff fell from 74.6 to 45.8 full-time equivalents.
Solvency rose in 2025 from -310.4% to -206.6%.
Aviapartner Belgium holds 99% of the shares. In February 2026, the Official Gazette published the appointment of Augur BV as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AVIAPARTNER OSTEND
- What is the company number of AVIAPARTNER OSTEND?
- The company number of AVIAPARTNER OSTEND is 0832.301.273. The VAT number is the same number with BE in front: BE 0832.301.273.
- Where is AVIAPARTNER OSTEND based?
- The registered office is at Luchthaven Brussel Nationaal 0, 1930 Zaventem.Company details
- What does AVIAPARTNER OSTEND 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 OSTEND?
- AVIAPARTNER OSTEND is a public limited company (NV).
- When was AVIAPARTNER OSTEND founded?
- AVIAPARTNER OSTEND was founded on 29-12-2010.
- Is AVIAPARTNER OSTEND still active?
- Yes, AVIAPARTNER OSTEND is an active enterprise in the KBO register.
- How many employees does AVIAPARTNER OSTEND have?
- AVIAPARTNER OSTEND had an average of 45.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AVIAPARTNER OSTEND fall under?
- In its 2025 annual accounts, AVIAPARTNER OSTEND states joint committees 140 (Transport and logistics) and 226 (White-collar workers in international trade, transport and logistics).
- What is the turnover of AVIAPARTNER OSTEND?
- The turnover of AVIAPARTNER OSTEND was €5.6m in financial year 2025, according to the filed annual accounts.
- Is AVIAPARTNER OSTEND profitable?
- In financial year 2025, AVIAPARTNER OSTEND made a loss of €85,053.
- Where can I find the annual accounts of AVIAPARTNER OSTEND?
- AVIAPARTNER OSTEND filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AVIAPARTNER OSTEND due?
- AVIAPARTNER OSTEND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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