Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ATHENA HMW from Liège, company number BE0507742837, closed financial year 2025 with a result of € -28,682 after tax. For that financial year ATHENA HMW recorded a gross margin of € -28,278 and equity of € 474,918. Compared with financial year 2024, the result moved from € -24,122 to € -28,682. 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 August 27, 2026.
€ 474,918
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,682
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 734
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -525,082.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 44,171
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -121,630 | € -47,851 | € -24,104 | € -28,278 | ▼ € 4,174 |
| Profit after taxes | € -133,917 | € -53,133 | € -24,122 | € -28,682 | ▼ € 4,559 |
| Equity | € 580,856 | € 527,723 | € 503,600 | € 474,918 | ▼ 6% |
| Total debts | € 243,621 | € 39,207 | € 74,437 | € 108,502 | ▲ 46% |
| Cash | € 53,177 | € 1,805 | € 2,825 | € 734 | ▼ 74% |
| Retained profit | € -419,144 | € -472,277 | € -496,400 | € -525,082 | ▼ € 28,682 |
| Bank debt | € 198,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 825,227 | € 567,680 | € 578,787 | € 584,170 | ▲ 1% |
Key figures of ATHENA HMW, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ATHENA HMW?
What happened at ATHENA HMW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HORIZON PLEIADES SA stepped down as director. NBB
- MIMOB SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,682. filed late Source: NBB ↗
- HORIZON PLEIADES SA became a director. NBB
- MIMOB SA became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,917 loss in 2022 to € 28,682 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of HORIZON PLEIADES, MIMOB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ATHENA HMWThe shares are held by HORIZON PLEIADES (75%) and MIMOB (25%).
Directors
According to the 2025 annual accounts
Managing director · represented by LAURENT MINGUET
Also active at: LES VILLAS DE BALMORAL
since 2021 · until 2027
Managing director · represented by FLORENT MINGUET
Owns 60.9% via HORIZON PLEIADES
Also active at: CHEVALIER, EVO-Sun, IMMOPLEIADES, NEXT ENERGY, IMMOCHERA, HORIZON PLEIADES, HOLDING MINGUET LEJEUNE, B.D.L.H.
since 2021 · until 2027
Shareholders
HORIZON PLEIADES · holding of MIMOB SA
75%
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Natalis 2
4020 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →ALL THERMIC SOLUTIONS
€ 711,106 revenue · 2024
Invest Minguet Gestion
€ 827,890 revenue · 2024
CHEVALIER same network
€ -1,619 gross margin · 2025
SYSTÈMES PHOTOVOLTAÏQUES
€ 25,497 gross margin · 2025
Systèmes Photovoltaïques Wallons
€ 1.9 million gross margin · 2025
+53 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.742.837
- VAT number
- BE 0507.742.837
- Registered office
- Rue Natalis 2, 4020 Liège
- Names & denominations
- ATHENA HMW
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2014
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Handel in eigen onroerend goed