ACTIVE

CCN DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025
Net result
-1,6 M €
+68.7% YoY
Gross margin
1 M €
+368.2% YoY
Equity
92,5 M €
-1.6% YoY

What does CCN DEVELOPMENT do?

CCN DEVELOPMENT is a Public limited company incorporated in 2019. Its main activity is: Buying and selling of own real estate. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0727.594.723
Incorporation
28/05/2019
Legal form
Public limited company
Registered office
Avenue des Arts 58
1000 Bruxelles · BruxellesSee on map
Contributed capital
110 226 515,00 €
Latest accounts
31/12/2025
Activities (NACE)
68100Buying and selling of own real estate· main68110Buying and selling of own real estate68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate+2
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin1 M €-379,7 k €–––––
EBITDA-346,7 k €-1,3 M €-1,4 M €-1,5 M €-3,6 M €-2,1 M €-990,7 k €
Operating result-580,9 k €-1,3 M €-1,4 M €-1,5 M €-3,6 M €-2,1 M €-990,7 k €
Net result-1,6 M €-5 M €-2,3 M €-2 M €-3,8 M €-2,1 M €-994,2 k €
Balance sheet
Equity92,5 M €94 M €99 M €101,3 M €103,3 M €107,1 M €105,8 M €
Total assets129,1 M €125,6 M €140,9 M €133,5 M €124,3 M €119,5 M €108,2 M €
Cash774,4 k €513,1 k €901,8 k €3,3 M €3,6 M €4,4 M €1,2 M €
Debts36,6 M €31,6 M €41,9 M €32,2 M €20,8 M €12,4 M €2,5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Suzy Hélène DENYS

Director · since 01 juillet 2025 · until 02 mai 2031

Active
Alexander HODAC

Director · since 02 mai 2025 · until 02 mai 2031

Active
AMAURY DE CROMBRUGGHE

Director · since 02 mai 2025 · until 02 mai 2031 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Active
MARC VAN BEGIN

Director · since 02 mai 2025 · until 02 mai 2031 · 0864.979.583

Represented by Marc VAN BEGIN

Active

Ended mandates

AMAURY DE CROMBRUGGHE

Director · since 15 juillet 2024 · until 02 mai 2025 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Ended
MARC VAN BEGIN

Director · since 02 mai 2024 · until 02 mai 2025 · 0864.979.583

Represented by Marc VAN BEGIN

Ended
Philippe MONSEREZ

Director · since 22 novembre 2021 · until 02 mai 2025

Ended
AMAURY DE CROMBRUGGHE

Director · since 29 octobre 2019 · until 01 mai 2025 · 0464.615.548

Represented by Amaury de CROMBRUGGHE

Ended
At this address

Other companies at this address

CompanyCBE no.
ACA WERKRUIMTE● Active
0872.389.987
AG FINANCE● Active
0466.967.995
AG REAL ESTATE● Active
0403.231.968
AG Real Estate Asset Management● Active
0460.912.920
AG REAL ESTATE CAR PARK● Active
1010.617.858
AG REAL ESTATE CO-PRODUCTION IN DEVELOPMENT● Active
0825.540.571
AG REAL ESTATE COPRODUCTION IN DEVELOPMENT 2● Active
1009.685.767
AG REAL ESTATE FINANCE● Active
0445.949.679
AG REAL ESTATE LAND● Active
0417.389.515
AG Real Estate Projects● Active
0632.680.619
AG Real Estate Property Management● Active
0450.100.190
AG REAL ESTATE SHARED SERVICES● Active
0472.969.525
AG REAL ESTATE WESTINVEST● Active
0841.798.563
AG Real Estate Westloan● Active
0871.397.025
AG RE OFFICE INVEST I● Active
0747.926.418
AG Residential● Active
0794.337.651
AIRPORT DEVELOPMENT● Active
0694.728.846
Ambassade du Canada● Active
0933.395.762
ARLON 53● Active
0743.427.893
AXS NAMUR 2● Active
0715.892.563
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull 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 date01/06/202627/05/202515/05/202412/05/202316/05/202226/05/2021
General meeting07/05/202602/05/202502/05/202404/05/202305/05/202206/05/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/05/202601/06/2026FrenchPDF
Abridged model31/12/202402/05/202527/05/2025FrenchPDF
Full model31/12/202302/05/202415/05/2024FrenchPDF
Full model31/12/202204/05/202312/05/2023FrenchPDF
Full model31/12/202105/05/202216/05/2022FrenchPDF
Full model31/12/202006/05/202126/05/2021FrenchPDF
Full model31/12/201907/05/202022/05/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 4 active · 15 ended

Active mandates

Suzy Hélène DENYS

Director · since 01 juillet 2025 · until 02 mai 2031

Active
Alexander HODAC

Director · since 02 mai 2025 · until 02 mai 2031

Active
AMAURY DE CROMBRUGGHE

Director · since 02 mai 2025 · until 02 mai 2031 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Active
MARC VAN BEGIN

Director · since 02 mai 2025 · until 02 mai 2031 · 0864.979.583

Represented by Marc VAN BEGIN

Active

Ended mandates

AMAURY DE CROMBRUGGHE

Director · since 15 juillet 2024 · until 02 mai 2025 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Ended
MARC VAN BEGIN

Director · since 02 mai 2024 · until 02 mai 2025 · 0864.979.583

Represented by Marc VAN BEGIN

Ended
Philippe MONSEREZ

Director · since 22 novembre 2021 · until 02 mai 2025

Ended
AMAURY DE CROMBRUGGHE

Director · since 29 octobre 2019 · until 01 mai 2025 · 0464.615.548

Represented by Amaury de CROMBRUGGHE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/03/2024
    DIVERS
    PDF
  • Mandates30/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2021
    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. 07/05/2026
    nominationDamien Walgrave — représentant permanent du commissaire
  2. 2025
    Annual accounts 2025-1,6 M €↑
  3. 01/07/2025
    nominationSuzy Hélène DENYS — administrateur B
  4. 02/05/2025
    nominationAlexander HODAC — administrateur
  5. 2024
    Annual accounts 2024-5 M €↓
  6. 15/07/2024
    nominationSRL Amaury de Crombrugghe — administrateur
  7. 02/05/2024
    nominationSRL Marc Van Begin — administrateur
  8. 02/05/2024
    nominationKurt Cappoen — commissaire
  9. 2023
    Annual accounts 2023-2,3 M €↓
  10. 2022
    Annual accounts 2022-2 M €↑
  11. 05/05/2022
    reconductionSRL PwC Réviseurs d'entreprises — commissaire
  12. 05/05/2022
    nominationDidier Matriche — représentant permanent
  13. 2021
    Annual accounts 2021-3,8 M €↓
  14. 2020
    Annual accounts 2020-2,1 M €↓
  15. 2019
    Annual accounts 2019-994,2 k €
  16. 28/05/2019
    IncorporationPublic limited company