ACTIVE

ATHENA HMW

Financial year 2025 · Closed on 31/12/2025

Net result-28,7 k €-18,9 %over 1 year
Gross margin-28,3 k €-17,3 %over 1 year
Equity474,9 k €-5,7 %over 1 year

Identity

Source · BCE/KBO

ATHENA HMW is a Public limited company incorporated in 2014. Its main activity is: Buying and selling of own real estate. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0507.742.837
Incorporation
24/12/2014
Legal form
Public limited company
Registered office
Rue Natalis 2
4020 Liège · WallonieSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 12 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin-28,3 k €-24,1 k €-47,9 k €-121,6 k €-72,3 k €
EBITDA-28,9 k €-24,7 k €-49,3 k €-122,5 k €-73,6 k €
Operating result-28,9 k €-24,7 k €-49,3 k €-122,5 k €-204,8 k €
Net result-28,7 k €-24,1 k €-53,1 k €-133,9 k €-233,5 k €
Balance sheet
Equity474,9 k €503,6 k €527,7 k €580,9 k €714,8 k €
Total assets584,2 k €578,8 k €567,7 k €825,2 k €2 M €
Cash734,2 €2,8 k €1,8 k €53,2 k €8,9 k €
Debts108,5 k €74,4 k €39,2 k €243,1 k €1,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 17 ended

Active mandates

HORIZON PLEIADES

Managing director · since 01 avril 2021 · until 01 avril 2027 · 0867.447.640

Represented by LAURENT MINGUET

Active
MIMOB

Managing director · since 01 avril 2021 · until 01 avril 2027 · 0825.749.023

Represented by FLORENT MINGUET

Active

Ended mandates

Etablissements Jean Wust

Director · since 01 avril 2021 · until 01 avril 2027 · 0402.443.595

Represented by OLIVIER GRANDJEAN

Ended
EUGENIE MINGUET

Director · since 01 avril 2021 · until 01 avril 2027

Ended
Etablissements Jean Wust

Director · since 05 juillet 2018 · until 05 juillet 2024 · 0402.443.595

Represented by Thierry Beguin

Ended
Etablissements Jean Wust

Director · since 05 juillet 2018 · until 05 juillet 2024 · 0402.443.595

Represented by THIERRY BEGUIN

Ended

Other companies at this address

Rue Natalis 2 4020 Liège
CompanyCBE no.
0467.107.458
AMAY IMMO● Active
0758.519.016
ANNET INVEST● Active
0896.180.327
0647.657.617
AYE CONSTRUCT● Active
0774.326.254
AYE IMMO● Active
0772.775.541
BC INVEST● Active
0675.658.151
B.D.L.H.● Active
0879.898.777
0772.775.343
0847.129.803
0740.546.795
CHEVALIER● Active
0473.940.020
COGESTIM● Active
0506.972.973
DEMINA● Active
0668.438.876
ENERGY2BUSINESS● Bankrupt
0631.747.340
EVO-Sun● Active
0541.474.388
0669.639.993
FLERON IMMO● Active
0873.726.609
FLY WIN● Active
0542.515.258
GANG OF GEEKS● Active
0642.757.731

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date27/08/202628/08/202528/08/202430/08/202331/08/202210/08/2021
General meeting20/05/202621/05/202515/05/202417/05/202318/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202627/08/2026FrenchPDF
Abridged model31/12/202421/05/202528/08/2025FrenchPDF
Abridged model31/12/202315/05/202428/08/2024FrenchPDF
Abridged model31/12/202217/05/202330/08/2023FrenchPDF
Abridged modelCorrection31/12/202118/05/202231/08/2022FrenchPDF
Abridged model31/12/202118/05/202225/08/2022FrenchPDF
Abridged model31/12/202020/05/202110/08/2021FrenchPDF
Abridged model31/12/201916/05/202007/10/2020FrenchPDF
Abridged model31/12/201815/05/201927/08/2019FrenchPDF
Abridged model31/12/201705/07/201823/08/2018FrenchPDF
Abridged model31/12/201630/06/201701/08/2017FrenchPDF
Abridged model31/12/201530/06/201631/08/2016FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 17 ended

Active mandates

HORIZON PLEIADES

Managing director · since 01 avril 2021 · until 01 avril 2027 · 0867.447.640

Represented by LAURENT MINGUET

Active
MIMOB

Managing director · since 01 avril 2021 · until 01 avril 2027 · 0825.749.023

Represented by FLORENT MINGUET

Active

Ended mandates

Etablissements Jean Wust

Director · since 01 avril 2021 · until 01 avril 2027 · 0402.443.595

Represented by OLIVIER GRANDJEAN

Ended
EUGENIE MINGUET

Director · since 01 avril 2021 · until 01 avril 2027

Ended
Etablissements Jean Wust

Director · since 05 juillet 2018 · until 05 juillet 2024 · 0402.443.595

Represented by Thierry Beguin

Ended
Etablissements Jean Wust

Director · since 05 juillet 2018 · until 05 juillet 2024 · 0402.443.595

Represented by THIERRY BEGUIN

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/03/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/08/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/03/2017
    SIEGE SOCIAL
    PDF
  • Mandates23/02/2017
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF

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 2025-28,7 k €↓
  2. 2024
    Annual accounts 2024-24,1 k €↑
  3. 2023
    Annual accounts 2023-53,1 k €↑
  4. 2022
    Annual accounts 2022-133,9 k €↑
  5. 2021
    Annual accounts 2021-233,5 k €↓
  6. 2020
    Annual accounts 202064 k €↓
  7. 2019
    Annual accounts 2019165 k €↑
  8. 2018
    Annual accounts 2018-200,2 k €↓
  9. 2017
    Annual accounts 2017-25,8 k €↓
  10. 2016
    Annual accounts 2016-2,8 k €↑
  11. 2015
    Annual accounts 2015-51,9 k €
  12. 24/12/2014
    IncorporationPublic limited company