Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2022).
Revenue
€ 6.2 million
▼ 91% vs 2024
Profit
Caution€ -159.4 million
▼ 896% vs 2024
Debts
Low€ 428.3 million
▼ 28% vs 2024
ATENOR from La Hulpe, company number BE0403209303, closed financial year 2025 with a result of € -159.4 million after tax. For that financial year ATENOR recorded revenue of € 6.2 million and equity of € 366.4 million. Compared with financial year 2024, the result moved from € -16 million to € -159.4 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.
What happened at ATENOR?
What happened at ATENOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- STEPHAN SONNEVILLE SA stepped down as director. NBB
- MOROXCO SRL stepped down as director. NBB
- REALIZE SRL stepped down as director. NBB
- Bernadette DE BETHUNE stepped down as director. NBB
- Frank DONCK stepped down as director. NBB
- INVESTEA SRL stepped down as director. NBB
- Christian DELAIRE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 159.4 million. Source: NBB ↗
In short
From € 68.4 million profit in 2021 to € 159.4 million loss in 2025.
Paid € 154,055 in corporate taxes since 2021.
Best year ever: 2021, with € 68.4 million profit.
Paid out € 38.4 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by 3D SA (37.2%), Public Public (21%), LUXEMPART SA (15.9%), VANDEWIELE GROUP NV (9.9%), FORATENOR SA (7.8%) and MIDELCO NV (4.8%). It owns 100% of ATENOR NEDERLAND, 100% of ATENOR HUNGARY, 100% of ATENOR UK, 100% of ATENOR POLAND, 100% of ARED and 100% of ATENOR ROMANIA itself.
Directors
According to the 2025 annual accounts
Director · represented by Cédric Van Quickenborne
Also active at: RECTICEL, Hairco, The House of Beauty +3 more
since 2024 · until 2027
Director · represented by Olivier Lambrecht
Also active at: Antwerp Tower, TRADIPLAN, GALERIE DES CARMES +25 more
since 2024 · until 2027
Bernadette DE BETHUNE
Director
since 2024 · until 2027
Frank DONCK
Chairman of the board
since 2024 · until 2027
Managing director · represented by Stéphan SONNEVILLE
Also active at: PAPER BRICK
since 2025 · until 2028
Director · represented by Laure le Hardÿ de Beaulieu
Also active at: OCTA+ GROUP, Medi-Market Group
since 2023 · until 2026
JOHN PENNING
Director
since 2023 · until 2026
since 2024 · until 2027
Christian DELAIRE
Director
since 2024 · until 2027
Shareholders
37.2%
Public Public
21%
LUXEMPART SA
15.9%
9.9%
7.8%
4.8%
Participations
ATENOR NEDERLAND
100%
ATENOR HUNGARY
100%
ATENOR UK
100%
100%
100%
ATENOR ROMANIA
100%
ATENOR DEUTSCHLAND
100%
99.9%
99.8%
95.1%
90%
BRIGHT GREENS
90%
NOR RESIDENTIAL SOLUTIONS
90%
90%
FLEET HOUSE DEVELOPMENT
90%
GARDA GREENS
90%
90%
NOR REAL ESTATE
90%
90%
90%
HUNGARIA GREENS
90%
COMO GREENS
90%
90%
HF IMMOBILIER
90%
90%
BECSI GREENS
90%
90%
90%
LAKE GREENS
90%
CITY TOWER
90%
ATENOR LUXEMBOURG
89.9%
LUXLEX
80%
70%
69.6%
41%
SQUARE 42
40%
LAAKHAVEN VERHEESKADE II
40%
40%
TEN BRINKE MYBOND VERHEESKADE
40%
40%
40%
LANKELZ FONCIER
40%
CLOCHE D'OR DEVELOPMENT
40%
SQUARE 48
40%
40%
40%
30%
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 92
1310 La Hulpe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
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€ 10,500 revenue · 2025
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€ 58.7 million revenue · 2025
FIMMAC
€ -8,265 gross margin · 2025
SOCIETE D'INVESTISSEMENTS, DE GESTION ET D'ORGANISATION
€ 62,322 gross margin · 2023
STANTEC
€ 26.3 million revenue · 2025
+74 more
Details
- Company number
- 0403.209.303
- VAT number
- BE 0403.209.303
- Registered office
- Avenue Reine Astrid 92, 1310 La Hulpe
- Names & denominations
- ATENOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1950
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- atenor.eu info@atenor.eu
- Activities · NACE
Portefeuillemaatschappijen
Activiteiten van holdings
Holdings