ACTIVE

ATLAS SERVICES BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

2,3 Md €

+433.7% YoY

Revenue

1,8 M €

+14.7% YoY

Equity

22,7 Md €

+11.2% YoY

Workforce

13,2 ETP

+1.5% YoY

What does ATLAS SERVICES BELGIUM do?

ATLAS SERVICES BELGIUM is a Public limited company incorporated in 1995. Its main activity is: Wired telecommunications activities. Its registered office is in Evere. It employs on average 13,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.704.308

Incorporation

07/12/1995

Legal form

Public limited company

Registered office

Avenue du Bourget 3
1140 Evere · BruxellesSee on map

Contributed capital

19 618 304 107,17 €

Latest accounts

31/12/2025

Average workforce

13,2 ETP

Activities (NACE)

61100Wired telecommunications activities· main 61200Wireless telecommunications activities 64200Activities of holding companies 64200Activities of holding companies 64210Activities of holding companies 74142Specialised design activities+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010
Income statement
Revenue	1,8 M €	+14.7%	1,6 M €	-11.2%	1,8 M €	+12.8%	1,6 M €	+0.6%	1,6 M €	-0.9%	1,6 M €	+10.0%	1,5 M €	+0.9%	1,4 M €	-6.9%	1,5 M €	+19.2%	1,3 M €	+15.9%	1,1 M €	-44.0%	2,0 M €	-13.9%	2,3 M €	+58.0%	1,5 M €	+57.7%	933,0 k €
EBITDA	-1,4 M €	+73.5%	-5,3 M €	-311%	-1,3 M €	-13.5%	-1,1 M €	+84.7%	-7,4 M €	-582%	-1,1 M €	+23.8%	-1,4 M €	+55.2%	-3,2 M €	-52.2%	-2,1 M €	-219%	-654,9 k €	+85.1%	-4,4 M €	-129%	-1,9 M €	+92.3%	-24,9 M €	-29.3%	-19,3 M €	-12.3%	-17,2 M €
Operating result	-1,4 M €	+73.5%	-5,3 M €	-310%	-1,3 M €	-13.5%	-1,1 M €	+84.7%	-7,4 M €	-582%	-1,1 M €	+24.0%	-1,4 M €	+55.2%	-3,2 M €	-50.3%	-2,1 M €	-209%	-683,6 k €	+84.6%	-4,4 M €	-131%	-1,9 M €	+92.3%	-24,9 M €	-29.3%	-19,3 M €	-12.2%	-17,2 M €
Net result	2,3 Md €	+434%	427,7 M €	-57.3%	1,0 Md €	+159%	386,2 M €	+112%	-3,1 Md €	-104%	-1,5 Md €	-212%	1,4 Md €	+23.4%	1,1 Md €	+1021%	98,5 M €	+254%	-64,1 M €	-105%	1,4 Md €	+330%	-590,6 M €	+70.9%	-2,0 Md €	-200%	-674,7 M €	-569%	-100,8 M €
Balance sheet
Equity	22,7 Md €	+11.2%	20,4 Md €	+2.1%	20,0 Md €	-0.2%	20,0 Md €	+2.0%	19,6 Md €	-13.7%	22,8 Md €	-6.3%	24,3 Md €	+1.5%	23,9 Md €	+4.8%	22,8 Md €	+0.4%	22,7 Md €	-0.3%	22,8 Md €	+20.7%	18,9 Md €	-3.0%	19,5 Md €	-9.4%	21,5 Md €	-3.0%	22,2 Md €
Total assets	22,7 Md €	+11.1%	20,4 Md €	-2.9%	21,1 Md €	+5.0%	20,0 Md €	+1.9%	19,7 Md €	-13.6%	22,8 Md €	-10.0%	25,3 Md €	+5.6%	24,0 Md €	+4.8%	22,9 Md €	+0.5%	22,7 Md €	-0.3%	22,8 Md €	+19.7%	19,1 Md €	-2.4%	19,5 Md €	-9.3%	21,5 Md €	-2.9%	22,2 Md €
Cash	75,4 k €	-3.2%	77,9 k €	-4.8%	81,9 k €	-66.0%	241,1 k €	-56.1%	548,8 k €	+327%	128,5 k €	-0.6%	129,2 k €	-21.8%	165,1 k €	-0.3%	165,7 k €	+91.2%	86,6 k €	-87.9%	715,7 k €	+456%	128,7 k €	-57.7%	304,4 k €	+58.4%	192,1 k €	-11.1%	216,1 k €
Debts	3,7 M €	-53.8%	7,9 M €	-99.2%	1,0 Md €	+32297%	3,2 M €	-55.3%	7,2 M €	+654%	953,7 k €	-99.9%	1,0 Md €	+35156%	2,8 M €	+259%	794,3 k €	-82.9%	4,6 M €	-35.0%	7,1 M €	+19.1%	6,0 M €	+171%	2,2 M €	-90.9%	24,3 M €	+233%	7,3 M €
Other
Workforce	13,2 ETP	+1.5%	13,0 ETP	+1.6%	12,8 ETP	+11.3%	11,5 ETP	-3.4%	11,9 ETP	+0.8%	11,8 ETP	+3.5%	11,4 ETP	-9.5%	12,6 ETP	+7.7%	11,7 ETP	+1.7%	11,5 ETP	+19.8%	9,6 ETP	-15.0%	11,3 ETP	+4.6%	10,8 ETP	+30.1%	8,3 ETP	+3.8%	8,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 42 ended

Active mandates

Antoine Chouc

Director · since 15 mai 2024 · until 19 mai 2027

Active

Benoît Delaplace

Director · since 15 mai 2024 · until 19 mai 2027

Active

Johan Van den Cruijce

Managing director · since 15 mai 2024 · until 19 mai 2027

Active

Matthieu Bouchery

Chairman of the board of directors · since 15 mai 2024 · until 19 mai 2027

Active

Xavier Pichon

Director · since 15 mai 2024 · until 19 mai 2027

Active

Ended mandates

Antoine Chouc

Director · since 19 mai 2021 · until 15 mai 2024

Ended

Benoît Delaplace

Director · since 19 mai 2021 · until 15 mai 2024

Ended

Johan Van den Cruijce

Managing director · since 19 mai 2021 · until 15 mai 2024

Ended

Matthieu Bouchery

Chairman of the board of directors · since 19 mai 2021 · until 15 mai 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	m121-f-p
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/05/2026	26/05/2025	22/05/2024	23/05/2023	20/05/2022	21/06/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	18/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

37 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	28/05/2026	French	PDF
Full model	31/12/2024	21/05/2025	26/05/2025	French	PDF
m121-f-p	31/12/2024	21/05/2025	08/07/2025	French	PDF
Full model	31/12/2023	15/05/2024	22/05/2024	French	PDF
m121-f-p	31/12/2023	22/05/2024	16/07/2024	French	PDF
Full model	31/12/2022	17/05/2023	23/05/2023	French	PDF
m121-f-p	31/12/2022	23/05/2023	04/07/2023	French	PDF
Full model	31/12/2021	18/05/2022	20/05/2022	French	PDF
m121-f-p	31/12/2021	19/05/2022	23/06/2022	French	PDF
Full model	31/12/2020	19/05/2021	07/06/2021	French	PDF
m121-f-p	31/12/2020	18/05/2021	21/06/2021	French	PDF
Full model	31/12/2019	20/05/2020	25/05/2020	French	PDF
m121-f-p	31/12/2019	19/05/2020	26/06/2020	French	PDF
Full model	31/12/2018	15/05/2019	27/05/2019	French	PDF
m121-f-p	31/12/2018	21/05/2019	09/07/2019	French	PDF
Full model	31/12/2017	16/05/2018	16/05/2018	French	PDF
m121-f-p	31/12/2017	04/05/2018	06/06/2018	French	PDF
Full model	31/12/2016	17/05/2017	06/06/2017	French	PDF
m121-f-p	31/12/2016	01/06/2017	13/06/2017	French	PDF
Full model	31/12/2015	18/05/2016	02/06/2016	French	PDF
m121-f-p	31/12/2015	07/06/2016	15/07/2016	French	PDF
Full model	31/12/2014	20/05/2015	10/06/2015	French	PDF
m121-f-p	31/12/2014	27/05/2015	08/07/2015	French	PDF
Full model	31/12/2013	21/05/2014	06/06/2014	French	PDF

View all 37 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 M€

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 · 5 active · 42 ended

Active mandates

Antoine Chouc

Director · since 15 mai 2024 · until 19 mai 2027

Active

Benoît Delaplace

Director · since 15 mai 2024 · until 19 mai 2027

Active

Johan Van den Cruijce

Managing director · since 15 mai 2024 · until 19 mai 2027

Active

Matthieu Bouchery

Chairman of the board of directors · since 15 mai 2024 · until 19 mai 2027

Active

Xavier Pichon

Director · since 15 mai 2024 · until 19 mai 2027

Active

Ended mandates

Antoine Chouc

Director · since 19 mai 2021 · until 15 mai 2024

Ended

Benoît Delaplace

Director · since 19 mai 2021 · until 15 mai 2024

Ended

Johan Van den Cruijce

Managing director · since 19 mai 2021 · until 15 mai 2024

Ended

Matthieu Bouchery

Chairman of the board of directors · since 19 mai 2021 · until 15 mai 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2026
Démission et nomination d'un administrateur
PDF
Mandates16/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates04/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates14/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2021
DEMISSIONS, NOMINATIONS
PDF
Other04/12/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2025
Annual accounts 20252,3 Md €↑
09/05/2025
nominationLara TRAWINSKI — Secrétaire de la Société (Company Secretary)
2024
Annual accounts 2024427,7 M €↓
24/06/2024
nominationJulie VAN OPDENBOSCH — Secrétaire de la Société (Company Secretary)
15/05/2024
reconductionMatthieu BOUCHERY — administrateur
15/05/2024
reconductionBenoît DELAPLACE — administrateur
15/05/2024
reconductionXavier PICHON — administrateur
15/05/2024
reconductionAntoine CHOUC — administrateur
15/05/2024
reconductionJohan VAN DEN CRUIJGE — administrateur
15/05/2024
nominationNico HOUTHAEVE — représentant permanent du commissaire
2023
Annual accounts 20231,0 Md €↑
2022
Annual accounts 2022386,2 M €↑
2021
Annual accounts 2021-3,1 Md €↓
2020
Annual accounts 2020-1,5 Md €↓
2019
Annual accounts 20191,4 Md €↑
2018
Annual accounts 20181,1 Md €↑
2017
Annual accounts 201798,5 M €↑
2016
Annual accounts 2016-64,1 M €↓
2015
Annual accounts 20151,4 Md €↑
2013
Annual accounts 2013-590,6 M €↑
2012
Annual accounts 2012-2,0 Md €↓
2011
Annual accounts 2011-674,7 M €↓
2010
Annual accounts 2010-100,8 M €
07/12/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ATLAS SERVICES BELGIUM

Overview

What does ATLAS SERVICES BELGIUM do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline