DISCOVERY AIRCRAFT PARTS
ActiveSummary
DISCOVERY AIRCRAFT PARTS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211k and a net result of €72k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+5
Solvency95▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 2.17 in 2023; short-term debt: 29.9% and cash: 17.3% of total assets), and 29.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
60 d late
2022
66 d late
2021
86 d late
2020
87 d late
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€211k▲ 51.6%
2023 · €139k
2018: €47k
2019: €49k
2020: €47k
2021: €68k
2022: €87k
2023: €139k
2018 → 2024
Total assets
€301k▲ 17.2%
2023 · €257k
2018: €75k
2019: €90k
2020: €75k
2021: €86k
2022: €120k
2023: €257k
2018 → 2024
Net result
€72k▲ 36.6%
2023 · €53k
2018: €2k
2019: €3k
2020: €-3k
2021: €22k
2022: €18k
2023: €53k
2018 → 2024
Working capital
€207k▲ 50.5%
2023 · €137k
2018: €45k
2019: €48k
2020: €46k
2021: €68k
2022: €85k
2023: €137k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€68k▲ 46.9%€87k▲ 27.0%€139k▲ 60.6%€211k▲ 51.6%
Operating result€-2k-€29k€26k▼ 10.5%€80k▲ 212%€110k▲ 38.4%
Net result€-3k-€22k€18k▼ 15.3%€53k▲ 185%€72k▲ 36.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 38% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301k
Fixed assets
€5k ▲ 120%
Current assets
€297k ▲ 16.3%
Equity and liabilities €301k
Equity
€211k ▲ 51.6%
Debt
€90k ▼ 23.5%
Debt's share of the balance-sheet total falls from 45.8% to 29.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€112k▲
2023 · €81k
Cash flow
€73k▲
2023 · €54k
Current ratio
3.29▲
2023 · 2.17
Debt to equity
0.43▼
2023 · 0.85
ROE
34.0%▼
2023 · 37.7%
ROA
23.8%▲
2023 · 20.5%
Interest coverage
135.18▲
2023 · 126.63
Debt ≤ 1 year
€90k▼
2023 · €118k
Income taxes
€38k▲
2023 · €27k
Staff costs
€17k▼
2023 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€257k€301k▲
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€4k▲
Financial fixed assets28€550€550=
Current assets29/58€255k€297k▲
Stocks and contracts in progress3€44k-
Stocks30/36€44k-
Amounts receivable within one year40/41€206k€245k▲
Trade receivables40€205k€240k▲
Other amounts receivable41€244€5k▲
Cash at bank and in hand54/58€6k€52k▲
Equity and liabilities
Total equity and liabilities10/49€257k€301k▲
Equity10/15€139k€211k▲
Contributions10/11€25k€25k=
Reserves13€60k€132k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€58k€129k▲
Profit (loss) carried forward14€55k€55k=
Amounts payable17/49€118k€90k▼
Amounts payable within one year42/48€118k€90k▼
Trade debts44€64k€26k▼
Suppliers440/4€64k€26k▼
Taxes, remuneration and social security45€53k€64k▲
Taxes450/3€48k€64k▲
Remuneration and social security454/9€5k-
Other amounts payable47/48€921-
Income statement
Code20232024
Remuneration, social security and pensions62€47k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€948€2k▲
Gross operating margin9900€129k€131k▲
Operating profit (loss)9901€80k€110k▲
Financial income75/76B€49€6▼
Recurring financial income75€49€6▼
Financial charges65/66B€640€827▲
Recurring financial charges65€640€827▲
Profit (loss) for the period before taxes9903€79k€110k▲
Income taxes67/77€27k€38k▲
Profit (loss) for the period9904€53k€72k▲
Profit (loss) for the period to be appropriated9905€53k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€126k▲
Profit (loss) brought forward from the previous period14P€55k€55k=
Transfer to equity691/2€53k€72k▲
To other reserves6921€53k€72k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Highest result since 2018net €72k ▲36.6%
Operating result €110k, net result €72k, both a record.
31-12
Financial
Equity above €200kEq €211k ▲51.6%
4 profitable years in a row build equity to €211k.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Equity above €100kEq €139k ▲60.6%
3 profitable years in a row build equity to €139k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €-3k ▼203%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Show earlier events
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spinnerij 379950 LievegemGround area
2.8 ha
Building footprint
1,454 m²
Volume, LiDAR
6,250 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Discovery Aircraft Parts
since 19922.058.643.668
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072E1258/00G000 | Flanders | 2.5 ha | 1 · 466 m² | 1.1 m |
| 44072E0202/00L000 | Flanders | 2,533 m² | 1 · 988 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PONSEELE PATRICK
BE 0874.926.241
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JDG-Projects
BE 0885.339.784
Stabroek · Eq €210,740
De Pooter Consultants
BE 1011.378.121
Duffel · Eq €210,664
M. VALVES CONSULTING
BE 0890.895.213
Kruibeke · Eq €210,484
Bestway Belux
BE 0794.766.134
Oudenaarde · Eq €210,397
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,847 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-1992
Fiscal year end31-12
Abbreviation NL
D.S.C.Y.
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46140Agents in the wholesale of industrial machinery, ships and aircraft
51100Air transport
52230Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dscry@hotmail.com