ACTIVE

ATB THERAPEUTICS

Financial year 2025 · closed on 31/12/2025
Net result
-8,0 M €
-143.2% YoY
Gross margin
-513,2 k €
+42.0% YoY
Equity
5,1 M €
-61.1% YoY
Workforce
17,0 ETP
+77.1% YoY

What does ATB THERAPEUTICS do?

ATB THERAPEUTICS is a Public limited company incorporated in 2017. Its main activity is: Manufacture of basic pharmaceutical products. Its registered office is in Marche-en-Famenne. It employs on average 17,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0677.980.015
Incorporation
06/07/2017
Legal form
Public limited company
Registered office
Aye, Rue de la Science 8
6900 Marche-en-Famenne · WallonieSee on map
Contributed capital
20 613 695,66 €
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Joint committees (1)
  • 207
Signals
Solid equityGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120192018
Income statement
Gross margin-513,2 k €-885,1 k €-51,0 k €407,1 k €126,0 k €55,2 k €-32,9 k €
EBITDA-2,4 M €-1,7 M €-785,2 k €-480,6 k €-626,6 k €-44,1 k €-33,6 k €
Operating result-8,2 M €-3,0 M €-2,7 M €-2,9 M €-2,3 M €-528,1 k €-289,2 k €
Net result-8,0 M €-3,3 M €-2,1 M €-1,4 M €-1,2 M €-264,7 k €-164,3 k €
Balance sheet
Equity5,1 M €13,1 M €-3,2 M €-1,0 M €316,0 k €2,2 M €-145,7 k €
Total assets10,6 M €14,0 M €2,1 M €2,2 M €2,4 M €2,2 M €571,9 k €
Cash1,9 M €13,5 M €978,6 k €908,2 k €1,3 M €2,0 M €558,4 k €
Debts5,6 M €955,5 k €5,0 M €3,1 M €2,0 M €61,2 k €702,2 k €
Other
Workforce17,0 ETP9,6 ETP11,4 ETP13,5 ETP13,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 23 ended

Active mandates

CHITON ROCKS

Director · since 18 octobre 2024 · until 21 juin 2030

Represented by Mark Throsby

Active
LSP 7 Coöperatief U.A.

Director · since 18 octobre 2024 · until 21 juin 2030 · 1000.996.943

Represented by John de Koning

Active
MAGMAN

Managing director · since 18 octobre 2024 · until 21 juin 2030 · 0743.431.061

Represented by Bertrand Magy

Active
MRL Ventures Fund LLC

Director · since 18 octobre 2024 · until 21 juin 2030 · 1015.281.281

Represented by Karin Kleinhans

Active
ORSA ADMIN

Director · since 18 octobre 2024 · until 21 juin 2030 · 0890.073.384

Represented by Pierre Detrixhe

Active
V-Bio Fund 2

Director · since 18 octobre 2024 · until 21 juin 2030 · 0759.685.291

Represented by Willem Broekaert

Active

Ended mandates

MAGMAN

Director · since 29 septembre 2021 · until 20 juin 2025 · 0743.431.061

Represented by Bertrand Magy

Ended
MAGMAN

Director · since 29 septembre 2021 · until 20 juin 2025 · 0743.431.061

Represented by MAGY BERTRAND

Ended
Werner Cautreels

Director · since 26 juin 2020 · until 19 juin 2026

Ended
NOSHAQ PARTNERS

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0808.219.836

Represented by BRANDT ERIC

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date20/07/202614/07/202515/07/202430/06/202330/08/202225/11/2021
General meeting19/06/202627/06/202521/06/202416/06/202323/06/202218/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202620/07/2026FrenchPDF
Abridged model31/12/202427/06/202514/07/2025FrenchPDF
Abridged model31/12/202321/06/202415/07/2024FrenchPDF
Abridged model31/12/202216/06/202330/06/2023FrenchPDF
Abridged model31/12/202123/06/202230/08/2022FrenchPDF
Micro model31/12/202018/06/202125/11/2021FrenchPDF
Micro model31/12/201919/06/202003/07/2020FrenchPDF
Micro model31/12/201821/06/201911/07/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 6 active · 23 ended

Active mandates

CHITON ROCKS

Director · since 18 octobre 2024 · until 21 juin 2030

Represented by Mark Throsby

Active
LSP 7 Coöperatief U.A.

Director · since 18 octobre 2024 · until 21 juin 2030 · 1000.996.943

Represented by John de Koning

Active
MAGMAN

Managing director · since 18 octobre 2024 · until 21 juin 2030 · 0743.431.061

Represented by Bertrand Magy

Active
MRL Ventures Fund LLC

Director · since 18 octobre 2024 · until 21 juin 2030 · 1015.281.281

Represented by Karin Kleinhans

Active
ORSA ADMIN

Director · since 18 octobre 2024 · until 21 juin 2030 · 0890.073.384

Represented by Pierre Detrixhe

Active
V-Bio Fund 2

Director · since 18 octobre 2024 · until 21 juin 2030 · 0759.685.291

Represented by Willem Broekaert

Active

Ended mandates

MAGMAN

Director · since 29 septembre 2021 · until 20 juin 2025 · 0743.431.061

Represented by Bertrand Magy

Ended
MAGMAN

Director · since 29 septembre 2021 · until 20 juin 2025 · 0743.431.061

Represented by MAGY BERTRAND

Ended
Werner Cautreels

Director · since 26 juin 2020 · until 19 juin 2026

Ended
NOSHAQ PARTNERS

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0808.219.836

Represented by BRANDT ERIC

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other26/08/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES
    PDF
  • Capital / shares26/08/2026
    CAPITAL, ACTIONS, STATUTS (TRADUCTION, COORDINATION,
    PDF
  • Capital / shares13/04/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares13/04/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares07/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates31/10/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2023
    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 2025-8,0 M €
  2. 2024
    Annual accounts 2024-3,3 M €
  3. 2023
    Annual accounts 2023-2,1 M €
  4. 2022
    Annual accounts 2022-1,4 M €
  5. 2021
    Annual accounts 2021-1,2 M €
  6. 2019
    Annual accounts 2019-264,7 k €
  7. 2018
    Annual accounts 2018-164,3 k €
  8. 06/07/2017
    IncorporationPublic limited company