ACTIVE

ATH PLAZA IR

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Financial year 2025 · closed on 31/12/2025
Net result
-107,1 k €
+13.6% YoY
Gross margin
-19,1 k €
-15.1% YoY
Equity
1,3 M €
+826.1% YoY

What does ATH PLAZA IR do?

ATH PLAZA IR is a Public limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0700.814.607
Incorporation
10/08/2018
Legal form
Public limited company
Registered office
Rue des Guillemins 139 box 9
4000 Liège · WallonieSee on map
Contributed capital
1 300 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Contacts
2 public details availableLog in to view
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin-19,1 k €-16,6 k €-13,2 k €-21,5 k €-20,8 k €-4,1 k €-10,8 k €
EBITDA-28,5 k €-30,3 k €-22,3 k €-32,6 k €-28,8 k €-14,5 k €-21,1 k €
Operating result-31,4 k €-30,3 k €-22,3 k €-32,6 k €-28,8 k €-14,5 k €-21,1 k €
Net result-107,1 k €-124,1 k €-104,9 k €-63,5 k €-57,9 k €-43,6 k €-45,9 k €
Balance sheet
Equity1,3 M €-179,5 k €-55,4 k €49,4 k €112,9 k €170,8 k €214,4 k €
Total assets1,8 M €1,7 M €1,8 M €1,7 M €1,7 M €1,7 M €1,7 M €
Cash33 k €3,6 k €40,1 k €8,5 k €7 k €43,1 k €57,2 k €
Debts475,8 k €1,9 M €1,8 M €1,7 M €1,6 M €1,5 M €1,5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

ARDENT INVEST

Managing director · since 01 mars 2026 · until 21 juin 2032 · 0700.472.731

Represented by Nicolas Léonard

Active
Emmanuel Mewissen

Managing director · since 01 mars 2026 · until 21 juin 2032

Active

Ended mandates

GESTBEL

Managing director · since 28 juillet 2018 · until 27 juillet 2024 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
GESTBEL

Managing director · since 28 juillet 2018 · until 17 juin 2030 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
MILE MANAGEMENT

Chairman of the board of directors · since 28 juillet 2018 · until 27 juillet 2024 · 0537.166.204

Represented by Emmanuel Mewissen

Ended
MILE MANAGEMENT

Chairman of the board of directors · since 28 juillet 2018 · until 17 juin 2030 · 0537.166.204

Represented by Emmanuel Mewissen

Ended
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Annual accounts

Full financial information

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 date21/08/202618/12/202531/08/202431/07/202330/09/202231/08/2021
General meeting16/06/202630/06/202517/06/202408/06/202330/06/202230/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202621/08/2026FrenchPDF
Abridged model31/12/202430/06/202518/12/2025FrenchPDF
Abridged model31/12/202317/06/202431/08/2024FrenchPDF
Abridged model31/12/202208/06/202331/07/2023FrenchPDF
Abridged model31/12/202130/06/202230/09/2022FrenchPDF
Abridged modelCorrection31/12/202030/06/202131/08/2021FrenchPDF
Abridged model31/12/202030/06/202130/07/2021FrenchPDF
Abridged model31/12/201907/09/202030/12/2020FrenchPDF
Abridged model31/12/201831/05/201930/09/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 9 ended

Active mandates

ARDENT INVEST

Managing director · since 01 mars 2026 · until 21 juin 2032 · 0700.472.731

Represented by Nicolas Léonard

Active
Emmanuel Mewissen

Managing director · since 01 mars 2026 · until 21 juin 2032

Active

Ended mandates

GESTBEL

Managing director · since 28 juillet 2018 · until 27 juillet 2024 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
GESTBEL

Managing director · since 28 juillet 2018 · until 17 juin 2030 · 0875.277.223

Represented by Jean-Marie Léonard

Ended
MILE MANAGEMENT

Chairman of the board of directors · since 28 juillet 2018 · until 27 juillet 2024 · 0537.166.204

Represented by Emmanuel Mewissen

Ended
MILE MANAGEMENT

Chairman of the board of directors · since 28 juillet 2018 · until 17 juin 2030 · 0537.166.204

Represented by Emmanuel Mewissen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares05/01/2026
    CAPITAL, ACTIONS
    PDF
  • Mandates14/11/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/09/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF
  • Registered office09/07/2021
    SIEGE SOCIAL
    PDF
  • Other27/08/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-107,1 k €↑
  2. 2024
    Annual accounts 2024-124,1 k €↓
  3. 2023
    Annual accounts 2023-104,9 k €↓
  4. 2022
    Annual accounts 2022-63,5 k €↓
  5. 2021
    Annual accounts 2021-57,9 k €↓
  6. 2020
    Annual accounts 2020-43,6 k €↑
  7. 2019
    Annual accounts 2019-45,9 k €
  8. 10/08/2018
    IncorporationPublic limited company