ACTIVE

ATHAMAS

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Financial year 2025 · closed on 31/12/2025
Net result
-46,6 k €
-102.2% YoY
Gross margin
-21,1 k €
-112.2% YoY
Equity
140,7 k €
-24.9% YoY

What does ATHAMAS do?

ATHAMAS is a Public limited company incorporated in 1992. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0449.250.451
Incorporation
01/12/1992
Legal form
Public limited company
Registered office
Rue Georges Lorand 46
1050 Ixelles · BruxellesSee on map
Contributed capital
338 375,00 €
Latest accounts
31/12/2025
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020072006
Income statement
Gross margin-21,1 k €172,9 k €-8,8 k €13,6 k €15,9 k €12,4 k €9,5 k €177 €
EBITDA-23,7 k €20,2 k €-9,2 k €13,6 k €15,3 k €12,4 k €7,8 k €-350 €
Operating result-43,3 k €-17,4 k €-30,1 k €-7,2 k €-5,5 k €-8,4 k €-5,2 k €-13,3 k €
Net result-46,6 k €-23 k €-32 k €-9,6 k €-8,1 k €-8,9 k €585 €-4,9 k €
Balance sheet
Equity140,7 k €187,3 k €210,3 k €242,3 k €251,8 k €259,9 k €391 k €392,4 k €
Total assets283,6 k €357 k €405,2 k €396,8 k €419,2 k €455,4 k €585 k €590,4 k €
Cash20,5 k €81 k €16,8 k €–727 €1 €625 €442 €
Debts113,3 k €140,1 k €165,3 k €124,9 k €137,8 k €165,9 k €132,6 k €134,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

NICOLAS PINCHART

Director · since 12 novembre 2014

Active

Ended mandates

NICOLAS PINCHART

Managing director · since 12 décembre 2014

Ended
GAETAN PINCHART

Director · since 12 novembre 2014

Ended
NICOLAS PINCHART

Managing director · since 12 novembre 2014

Ended
Touré Bountouraby

Director · since 01 septembre 2007 · until 01 septembre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202623/04/202522/05/202405/09/202325/08/202221/10/2021
General meeting01/06/202616/04/202522/05/202404/09/202321/08/202211/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202604/06/2026FrenchPDF
Micro model31/12/202416/04/202523/04/2025FrenchPDF
Micro model31/12/202322/05/202422/05/2024FrenchPDF
Abridged model31/12/202204/09/202305/09/2023FrenchPDF
Micro model31/12/202121/08/202225/08/2022FrenchPDF
Micro model31/12/202011/10/202121/10/2021FrenchPDF
Abridged model31/12/201721/06/201818/09/2018FrenchPDF
Abridged model31/12/201622/06/201724/07/2017FrenchPDF
Abridged model31/12/201522/07/201627/07/2016FrenchPDF
Abridged model31/12/201429/07/201520/08/2015FrenchPDF
Abridged model31/12/201315/07/201431/12/2014FrenchPDF
Abridged model31/12/201225/07/201326/08/2013FrenchPDF
Abridged model31/12/201107/08/201228/08/2012FrenchPDF
Abridged model31/12/201025/07/201122/08/2011FrenchPDF
Abridged model31/12/200926/07/201023/08/2010FrenchPDF
Abridged model31/12/200825/09/200930/09/2009FrenchPDF
Abridged model31/12/200715/05/200829/08/2008FrenchPDF
Abridged model31/12/200610/05/200703/10/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

NICOLAS PINCHART

Director · since 12 novembre 2014

Active

Ended mandates

NICOLAS PINCHART

Managing director · since 12 décembre 2014

Ended
GAETAN PINCHART

Director · since 12 novembre 2014

Ended
NICOLAS PINCHART

Managing director · since 12 novembre 2014

Ended
Touré Bountouraby

Director · since 01 septembre 2007 · until 01 septembre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring21/02/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates06/01/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares27/01/2012
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates17/09/2007
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office06/01/2006
    SIEGE SOCIAL
    PDF
  • Mandates09/09/2004
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-46,6 k €↓
  2. 2024
    Annual accounts 2024-23 k €↑
  3. 2023
    Annual accounts 2023-32 k €↓
  4. 2022
    Annual accounts 2022-9,6 k €↓
  5. 2021
    Annual accounts 2021-8,1 k €↑
  6. 2020
    Annual accounts 2020-8,9 k €↓
  7. 2007
    Annual accounts 2007585 €↑
  8. 2006
    Annual accounts 2006-4,9 k €
  9. 01/12/1992
    IncorporationPublic limited company