ACTIVE

Atelier CHORA

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Financial year 2025 · Closed on 31/12/2025

Net result201,7 k €-60,1 %over 1 year

Gross margin334,1 k €-54,2 %over 1 year

Equity1,2 M €+20,3 %over 1 year

Workforce0,8 ETP

Identity

Source · BCE/KBO

Atelier CHORA is a Private limited company incorporated in 2007. Its main activity is: Architectural activities. Its registered office is in Liège. It employs on average 0,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0889.284.617
Incorporation: 08/05/2007
Legal form: Private limited company
Registered office: Thier-des-Critchions 18
4032 Liège · WallonieSee on map
Contributed capital: 6 300,00 €
Latest accounts: 31/12/2025
Average workforce: 0,8 ETP

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 74201Photographic activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	334,1 k €	-54.2%	730 k €	+45.5%	501,7 k €	+219%	157,4 k €	-18.0%	192,1 k €
EBITDA	299,4 k €	-58.6%	723,8 k €	+45.9%	496 k €	+218%	155,7 k €	-17.5%	188,8 k €
Operating result	281 k €	-60.0%	703 k €	+50.9%	465,9 k €	+250%	133 k €	-22.4%	171,3 k €
Net result	201,7 k €	-60.1%	505,4 k €	+53.0%	330,3 k €	+220%	103,2 k €	-19.0%	127,4 k €
Balance sheet
Equity	1,2 M €	+20.3%	994,6 k €	+84.4%	539,2 k €	+93.3%	279 k €	+18.3%	235,8 k €
Total assets	1,5 M €	+5.4%	1,4 M €	+72.8%	815,5 k €	+47.0%	554,8 k €	+6.1%	523 k €
Cash	815,3 k €	-11.4%	920 k €	+78.6%	515 k €	+329%	120 k €	-66.2%	355,5 k €
Debts	289,5 k €	-30.2%	414,6 k €	+50.1%	276,2 k €	+0.2%	275,8 k €	-4.0%	287,2 k €
Other
Workforce	0,8 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
EMERIC MARCHAL	Manager

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ERIC FURNEMONT	Manageruntil 31/12/2010
MARIE MARTINUS	Manager2013 accountsAssociate2014 accounts

Other companies at this address

Thier-des-Critchions 18 4032 Liège

Company	CBE no.
RGZ Solutions● Active	1025.827.161

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
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	30/06/2026	26/05/2025	28/06/2024	29/06/2023	17/06/2022	31/05/2021
General meeting	05/06/2026	24/05/2025	22/06/2024	27/06/2023	31/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	24/05/2025	26/05/2025	French	PDF
Abridged model	31/12/2023	22/06/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	27/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	31/05/2022	17/06/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	31/05/2021	French	PDF
Abridged model	31/12/2019	31/05/2020	18/06/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	13/06/2019	French	PDF
Abridged model	31/12/2017	31/05/2018	25/06/2018	French	PDF
Abridged model	31/12/2016	30/05/2017	16/06/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	09/06/2016	French	PDF
Abridged model	31/12/2014	25/05/2015	03/06/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	30/05/2014	French	PDF
Abridged model	31/12/2012	29/05/2013	30/05/2013	French	PDF
Abridged model	31/12/2011	30/05/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	08/06/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	16/06/2010	French	PDF
Abridged model	31/12/2008	14/05/2009	26/05/2009	French	PDF
Abridged model	31/12/2007	03/05/2008	07/05/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
EMERIC MARCHAL	Manager

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ERIC FURNEMONT	Manageruntil 31/12/2010
MARIE MARTINUS	Manager2013 accountsAssociate2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office06/06/2025
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates14/07/2023
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office02/02/2018
SIEGE SOCIAL - CAPITAL, ACTIONS
PDF
Mandates11/05/2015
Démission de Marie Martinus comme gérant le 30/03/2015
PDF
Mandates14/02/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares13/05/2011
CAPITAL, ACTIONS
PDF
Registered office03/06/2008
Transfert du siège social
PDF
Other16/05/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

EMERIC MARCHAL

OLIVIER MARCHAL

ERIC FURNEMONT

MARIE MARTINUS

20072008200920102011201220132014201520162017201820192020202120222023202420252026

Atelier CHORAAtelier CHORA, société civile d'architectes

Thier-des-Critchions 18, 4032 ChênéeThier-des-Critchions 14A, 4032 Chênée

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Thier-des-Critchions 18, 4032 ChênéeCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00235927
Thier-des-Critchions 14A, 4032 Chênée	accounts 2021 → 2023	Accounts 2023 · 2024-00179625

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Atelier CHORACurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00235927
Atelier CHORA, société civile d'architectes	accounts 2007 → 2022	Accounts 2022 · 2023-00174177

Events

2025
Annual accounts 2025201,7 k €↓
2024
Annual accounts 2024505,4 k €↑
2023
Annual accounts 2023330,3 k €↑
2023
Name changeAtelier CHORA
2022
Annual accounts 2022103,2 k €↓
2021
Annual accounts 2021127,4 k €↓
2020
Annual accounts 2020165,4 k €↑
2019
Annual accounts 201959,3 k €↑
2018
Annual accounts 201816,1 k €↑
2017
Annual accounts 20172,9 k €↓
2016
Annual accounts 20163,1 k €↑
2015
Annual accounts 2015-5,2 k €↑
2014
Annual accounts 2014-9 k €↓
2013
Annual accounts 2013-1,3 k €↑
2012
Annual accounts 2012-12,6 k €↓
2011
Annual accounts 20112,2 k €↓
2010
Annual accounts 20106,5 k €↓
2009
Annual accounts 20098,4 k €↓
2008
Annual accounts 200821,1 k €↑
2007
Annual accounts 200710,1 k €
08/05/2007
IncorporationPrivate limited company

Atelier CHORA

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events