ATHELEAN has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €133.84M and a net result of €2.78M. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 58% of 4501 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
6 d late
2023
6 d early
2022
17 d late
2021
25 d early
2020
26 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.78M▲ 5,327%
2024 · €51k
2018: €657k
2019: €881k
2020: €617k
2021: €1.33M
2022: €793k
2023: €84k
2024: €51k
2018 → 2025
Working capital
€-22.02M▼ 12.1%
2024 · €-19.65M
2018: €98.17M
2019: €98.34M
2020: €98.44M
2021: €83.71M
2022: €59.00M
2023: €-20.86M
2024: €-19.65M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130.81M-€131.60M▲ 0.6%€131.68M▲ 0.1%€131.74M=€133.84M▲ 1.6%
Operating result€583k-€528k▼ 9.3%€736k▲ 39.3%€1.48M▲ 101%€4.70M▲ 218%
Net result€1.33M-€793k▼ 40.5%€84k▼ 89.5%€51k▼ 38.7%€2.78M▲ 5,327%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 218% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €276.44M
Fixed assets
€265.22M▲ 0.2%
Current assets
€11.21M▲ 55.4%
Equity and liabilities €276.44M
Equity
€133.84M▲ 1.6%
Provisions
€853k▲ 315%
Debt
€141.74M▲ 1.2%
The debt ratio falls from 51.5% to 51.3%. Equity and debt are higher.
Key figures and ratios
Solvency
48.4%▼
2024 · 48.4%
ROE
2.1%▲
2024 · 0.0%
ROA
1.0%▲
2024 · 0.0%
Debt
€141.74M▲
2024 · €140.00M
Debt ≤ 1 year
€33.24M▲
2024 · €26.87M
Debt > 1 year
€104.11M▼
2024 · €111.77M
Income taxes
€56k▲
2024 · €52k
Staff costs
€86k▲
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€271.95M€276.44M▲
Fixed assets21/28€264.73M€265.22M▲
Tangible fixed assets22/27€10.78M€9.03M▼
Land and buildings22€10.70M€8.98M▼
Plant, machinery and equipment23€5k€604▼
Furniture and vehicles24€77k€50k▼
Financial fixed assets28€253.95M€256.19M▲
Current assets29/58€7.22M€11.21M▲
Amounts receivable within one year40/41€5.93M€8.67M▲
Trade receivables40€972k€1.23M▲
Other amounts receivable41€4.95M€7.44M▲
Cash at bank and in hand54/58€849k€1.27M▲
Deferred charges and accrued income490/1€441k€1.28M▲
Equity and liabilities
Total equity and liabilities10/49€271.95M€276.44M▲
Equity10/15€131.74M€133.84M▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Reserves13€717k€2.66M▲
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Tax-exempt reserves132€617k€2.56M▲
Profit (loss) carried forward14€129.98M€130.15M▲
Investment grants15€44k€40k▼
Provisions and deferred taxes16€205k€853k▲
Deferred taxes168€205k€853k▲
Amounts payable17/49€140.00M€141.74M▲
Amounts payable after more than one year17€111.77M€104.11M▼
Financial debts170/4€111.77M€104.11M▼
Amounts payable within one year42/48€26.87M€33.24M▲
Current portion of amounts payable after more than one year42€907k€5.01M▲
Trade debts44€39k€144k▲
Suppliers440/4€39k€144k▲
Advances received on contracts in progress46€10k€10k=
Taxes, remuneration and social security45€35k€119k▲
Taxes450/3€25k€109k▲
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€25.88M€27.95M▲
Accrued charges and deferred income492/3€1.37M€4.39M▲
Income statement
Code20242025
Non-recurring operating income76A€0€2.72M▲
Remuneration, social security and pensions62€72k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€728k€639k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€136k
Other operating charges640/8€106k€151k▲
Gross operating margin9900€2.38M€5.71M▲
Operating profit (loss)9901€1.48M€4.70M▲
Financial income75/76B€2.66M€2.18M▼
Recurring financial income75€2.66M€2.18M▼
Financial charges65/66B€4.06M€4.08M▲
Recurring financial charges65€4.06M€4.08M▲
Profit (loss) for the period before taxes9903€71k€2.81M▲
Transfer from deferred taxes780€32k€32k=
Income taxes67/77€52k€56k▲
Profit (loss) for the period9904€51k€2.78M▲
Transfer from tax-exempt reserves789€96k€96k=
Transfer to tax-exempt reserves689-€2.72M
Profit (loss) for the period to be appropriated9905€148k€162k▲
Appropriation of the result
Profit (loss) to be appropriated9906€129.98M€130.15M▲
Profit (loss) brought forward from the previous period14P€129.84M€129.98M▲
Social balance
Average headcount (FTE)90870.81.0▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Mandate compensation4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Mandate compensation4 facts ▸
- General meeting, 12 juni 2026
- Director reappointment, Frank Van Leemput (bestuurder)
- Mandate compensation, Frank Van Leemput
- Power of attorney, Centum BV
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.78M ▲5327%
Operating result €4.70M, net result €2.78M, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
31-12
Financial
Weakest financial yearnet €51k ▼38.7%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Frank Van Leemput
CurrentDirector · since 12-06-2026
12-06-2026
Mandate renewed as Director
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeehelling 28300 Knokke-HeistGround area
3,558 m²
Building footprint
996 m²
Volume, LiDAR
12,680 m³
2 parcels, Flanders · tallest building 18.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NV ATHELEAN
since 19872.033.664.782
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E1051/00A000 | Flanders | 3,312 m² | 1 · 920 m² | 18.7 m · 4 fl. |
| 12007A0280/00M000 | Flanders | 246 m² | 1 · 76 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
12 partiesATHELEANBE 0430.270.521
controls
Where this company holds controlthis company sits on their board12
2 locations
1 location
1 location
1 location
1 location
1 location
+6 more
in the list below
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,249 EUR awarded · 1,249 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 239 EUR | 239 EUR |
| 2024 | 1 | 387 EUR | 387 EUR |
| 2023 | 1 | 0 EUR | 413 EUR |
| 2022 | 1 | 623 EUR | 210 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500WKD4WQ8DBITA46
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Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-01-1987
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
64200Holdings
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.