HELI AVIATION PARTNERS
The computed 12-month bankruptcy probability of HELI AVIATION PARTNERS is 2.7% (moderate). The 2025 annual accounts show negative equity (€-868k) and a net result of €-231k. Equity is shrinking by ~84.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 139 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-868k |
| Net result | €-231k |
| Better than sector | 9% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -83.8% | 24.6% | |
| Net result | €-231k | €5k | |
| Equity | €-868k | €29k | |
| Gross operating margin | €55k | €36k | |
| Total assets | €1.04M | €131k |
Show 8 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-55k |
| Net profit | €-231k |
| Cash flow | €-76k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.04M |
| Equity | €-868k |
| Debt | €1.90M |
| of which ≤ 1y | €1.25M |
| of which > 1y | €651k |
| Working capital | €-1.14M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.09 |
| Quick ratio | 0.09 |
| Working capital ratio | -110.4% |
| Solvency | -83.8% |
| Debt / equity | -2.19 |
| Long-term debt ratio | -0.75 |
| Interest coverage | -2.56 |
| Gross margin | - |
| Net margin | - |
| ROA | -22.3% |
| ROE | 26.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.04M |
| Fixed assets | 21/28 | €928k |
| Tangible fixed assets | 22/27 | €928k |
| Current assets | 29/58 | €109k |
| Amounts receivable within one year | 40/41 | €108k |
| Cash & bank | 54/58 | €815 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.04M |
| Equity | 10/15 | €-868k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-1.07M |
| Amounts payable | 17/49 | €1.90M |
| Amounts payable after one year | 17 | €651k |
| Amounts payable within one year | 42/48 | €1.25M |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €55k |
| Operating result | 9901 | €-210k |
| Financial charges | 65 | €21k |
| Result before taxes | 9903 | €-231k |
| Net result for the period | 9904 | €-231k |
| Result to be appropriated | 9905 | €-231k |
| NACE primary | Verhuur en lease van luchtvaartuigen(77350) |
| Legal form | Private limited company(610) |
| Incorporation | 02-07-2021 |
| Status | Active |
| Postal code | 3870 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73038A0566/00T000 | Flanders | 2.6 ha | 1 · 59 m² | 1.4 m |
| 24514B0181/00Z000 | Flanders | 2,588 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-06-2026 Notarial deed · General meeting · Name change · Seat change
- Filing: 2026-06-03 · HELICOFIN
- Publication: 2026-06-05 · HELICOFIN
- Notarial deed: 2026-06-02 · HELICOFIN
- General meeting: 2026-06-02 · HELICOFIN
- Name change: new_name: Heli Aviation Partners, old_name: HELICOFIN, new_name_short: HAP · HELICOFIN
- Seat change: new_seat: Daalstraat 9, 3870 Heers, old_seat: Grauwmeer 1, 3001 Leuven · HELICOFIN
- Statute amendment: Artikel 6 · HELICOFIN
- Capital increase: method: inbreng van speciën · HELICOFIN
- Auditor waiver: verslag raad van bestuur · HELICOFIN
- Share transfer: type: inbreng in speciën, amount: 450000, currency: EUR · T&K Partners
- Act object: MAATSCHAPPELIJKE ZETEL, ONTSLAGEN, BENOEMINGEN,
Technical details
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}06-07-2021 Incorporation of a new BV
Technical details
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}| Legal nameNL | HELI AVIATION PARTNERS |
| Legal nameNL | HELICOFIN |
| AbbreviationNL | HAP |