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ARDENO

Active Private limited companyfounded 2021active for 5 yearsPauline Van Pottelsberghelaan 10, 9051 GhentKBO/BCE: BE 0766.286.934 subsidiary of Baltisse Real Estate
Part of the group ENTERHOLD S.A. 222 companies in 11 countries
See the group
ARDENO
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Group

Baltisse Real Estate has 30 holdings in 4 countries (2025 accounts), the bar shows equity in euros
ParentBaltisse Real Estate30 holdings, 4 countries 2025 accounts

Belgium 20 Year Equity Result

Europe 10 Year Equity Result

  • LU BALTISSE REAL ESTATE LUX 2024€70.8m result -€573,615 (2024)
  • RO VERVEX CAPITAL50% 2024€3.8m result -€180,184 (2024)
  • LU COREC HOLDING 2024€3.4m result €21.7m (2024)
  • RO CEDAR INVEST SRL39.2% 2025RON 8.8m result RON 1.7m (2025)
  • RO COBBLESTONE90% 2025RON 1.2m result -RON 5.6m (2025)
  • RO GRIBA INVEST99.99% 2025-RON 2.5m result -RON 1.7m (2025)
  • RO PALTIM OFFICE SRL39.2% 2025RON 5.0m result -RON 1.3m (2025)
  • RO RECORD RESIDENTIAL SRL82.6% 2025RON 658,122 result -RON 49,208 (2025)
  • LU STUDENT HOMES II SCSP SCAV-RAIF22.33% 2025GBP 18.4m result -GBP 3.6m (2025)
  • NL BRE DHS94.34% - result -

Source: list of holdings in the 2025 accounts of Baltisse Real Estate. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group ENTERHOLD S.A. Group, risk and exposure

At the same address

Pauline Van Pottelsberghelaan 10, 9051 Ghent · 60 other companies
BALTISSE
registered office since 09-01-2007 · founded in 2006 · group ENTERHOLD S.A.
 total assets €1.27bn (2025)
0885.922.180
Floorenter
registered office since 13-10-2015 · founded in 2015 · group ENTERHOLD S.A.
 total assets €364.7m (2025)
0640.884.938
Baltisse Real Estate
registered office since 06-08-2004 · founded in 2004 · group ENTERHOLD S.A.
 total assets €329.6m (2025)
0866.682.528
Spring Holdco
registered office since 11-05-2022 · founded in 2022
 total assets €269.0m (2025)
0785.940.223
Merlin Holdco
registered office since 06-07-2021 · founded in 2021 · group ENTERHOLD S.A.
 total assets €158.6m (2025)
0770.801.194
Baltisse Real Estate Investments
registered office since 05-07-2022 · founded in 2022 · group ENTERHOLD S.A.
 total assets €122.8m (2025)
0788.252.979
VICTORIA REGINA
registered office since 22-03-2019 · founded in 2019 · group ENTERHOLD S.A.
 total assets €102.2m (2025)
0723.487.069
Thunder Holdco BE
registered office since 25-01-2019 · founded in 2019 · group ENTERHOLD S.A.
 total assets €91.3m (2025)
0719.315.376
InsureCo
registered office since 28-10-2024 · founded in 2024 · group ENTERHOLD S.A.
 turnover €1.4m (2025)
1015.626.820
LPI Holdco
registered office since 25-01-2019 · founded in 2019 · group ENTERHOLD S.A.
 total assets €66.2m (2025)
0718.807.117
and 50 more

Earlier ties

PELICAN
via PARTICIMMO (at ARDENO until 2022), Baltisse Real Estate (no longer at PELICAN) and 2 others · deed of 07-04-2021
founded in 2021 · accounts filed late
 total assets €37.6m (2023)
IMMO JACQMAIN
via PARTICIMMO (at ARDENO until 2022) and Baltisse Real Estate (no longer at IMMO JACQMAIN) · Director · deed of 26-01-2018
founded in 1997 · accounts filed late
 total assets €31.6m (2018)
Victoria Co-working Opco
via PARTICIMMO (at ARDENO until 2022), Baltisse Real Estate (no longer at Victoria Co-working Opco) and ASSETS INVEST (no longer at Victoria Co-working Opco) · deeds of 14-01-2025 and 09-04-2021
founded in 2021 · negative equity (2025) · group ENTERHOLD S.A.
 4 FTE (2025)
BALTISSE
via ASSETS INVEST, no longer at BALTISSE · Member of the executive committee · deed of 16-10-2015
founded in 2006 · group ENTERHOLD S.A.
 total assets €1.27bn (2025)
Baltisse Real Estate Investments
via ASSETS INVEST, no longer at Baltisse Real Estate Investments · Class A director · deed of 07-07-2022
founded in 2022 · group ENTERHOLD S.A.
 total assets €122.8m (2025)
VICTORIA REGINA
via Baltisse Real Estate (no longer at VICTORIA REGINA) and ASSETS INVEST (no longer at VICTORIA REGINA) · Director (not named in the articles) · deed of 14-01-2025
founded in 2019 · group ENTERHOLD S.A.
 total assets €102.2m (2025)
Show 2 more earlier ties
Victoria Regina Holding
via Baltisse Real Estate (no longer at Victoria Regina Holding) and ASSETS INVEST (no longer at Victoria Regina Holding) · Director (not named in the articles) · deed of 14-01-2025
founded in 2020 · group ENTERHOLD S.A.
 total assets €27.7m (2025)
AXS NAMUR 1
via PARTICIMMO (at ARDENO until 2022), Baltisse Real Estate (no longer at AXS NAMUR 1) and ASSETS INVEST (no longer at AXS NAMUR 1) · deeds of 30-11-2022 and 27-03-2019
founded in 2018
 total assets €8.6m (2025)

Acquisitions and mergers

1 transaction
Received in a demerger part of:CENTURY CENTER OFFICES
BE 0564.823.476Gazette deed of 07-04-2021

Connections & network

42 connected companies
Depth
+48 companies via a shared corporate director +48via a sharedcorporate directorCity 25, Shared corporate director C2City 25QRF, Shared corporate director QQRFARDENO ARDENO0766.286.934
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ARCHIMEDES OFFICES
via Baltisse Real Estate and ASSETS INVEST · Director (not named in the articles) · deed of 22-12-2021
Founded in 2021 · total assets €13.3m (2025) · negative equity · group ENTERHOLD S.A.
→
BUILDING
via ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 31-01-2024 and 11-01-2019
Founded in 1988 · total assets €5.3m (2025) · negative equity · group ENTERHOLD S.A.
→
ALIDES REAL ESTATE INVESTMENT AND MANAGEMENT
via ASSETS INVEST · Director · deed of 22-09-2026
Founded in 2002 · turnover €80.4m (2025)
→
BLUE LINE STORAGE
via ASSETS INVEST · Director · deed of 25-02-2022
Founded in 2019 · total assets €57.8m (2025) · group ENTERHOLD S.A.
→
Show 38 more companies with a shared director
SOUVERAIN 100
via Baltisse Real Estate and ASSETS INVEST · Director (not named in the articles) · deed of 13-12-2021
Founded in 2021 · total assets €50.3m (2025) · group ENTERHOLD S.A.
→
VERVEX CAPITAL
via ASSETS INVEST · Director · deed of 21-05-2024
Founded in 2021 · total assets €49.8m (2025)
→
Horatius Capital Partners
via ASSETS INVEST · Director (not named in the articles) · deed of 03-06-2026
Founded in 2000 · total assets €49.4m (2026)
→
RESIDENTIE DE VLAMME
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 29-11-2022 and 25-08-2015
Founded in 2008 · total assets €46.8m (2025)
→
Well One
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 15-12-2025 and 20-12-2019
Founded in 2019 · total assets €45.1m (2025)
→
AXS NAMUR 3
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 30-11-2022 and 27-03-2019
Founded in 2018 · total assets €44.3m (2025)
→
AXS NAMUR 2
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 30-11-2022 and 27-03-2019
Founded in 2018 · total assets €42.4m (2025)
→
BOEVERIE
via Baltisse Real Estate and ASSETS INVEST (no longer at BOEVERIE) · deed of 05-09-2024
Founded in 2017 · total assets €39.6m (2025)
→
COSY
via ASSETS INVEST · Director · deed of 21-05-2024
Founded in 2021 · 7.4 FTE (2025)
→
WOMBAT
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 29-11-2022 and 29-01-2014
Founded in 1998 · total assets €14.4m (2025)
→
Victoria Hotel Opco
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · Class A director · deeds of 09-02-2026 and 09-04-2021
Founded in 2021 · 120 FTE (2025) · group ENTERHOLD S.A.
→
Fenix Workspace
via ASSETS INVEST and Baltisse Real Estate (no longer at Fenix Workspace) · deed of 29-06-2023
Founded in 2023 · total assets €11.5m (2025)
→
Fenix Office
via ASSETS INVEST and Baltisse Real Estate (no longer at Fenix Office) · deed of 29-06-2023
Founded in 2023 · total assets €9.9m (2025)
→
Aartselaar Logistics
via ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · Director · deeds of 29-11-2022 and 19-10-2021
Founded in 2003 · total assets €7.7m (2025) · group ENTERHOLD S.A.
→
City 25
via QRF MANAGEMENT · Managing director · deed of 22-01-2026
Founded in 1980 · 2 FTE (2025)
→
ARGIBEL
via ASSETS INVEST · Director · deed of 29-11-2022
Founded in 1979 · total assets €4.3m (2025) · group ENTERHOLD S.A.
→
Waterside Herentals
via Baltisse Real Estate and ASSETS INVEST · Class B director · deed of 24-06-2024
Founded in 2024 · total assets €4.2m (2025) · group ENTERHOLD S.A.
→
De Veste
via Baltisse Real Estate and ASSETS INVEST · deed of 17-10-2022
Founded in 2022 · total assets €3.4m (2025)
→
LIEGE BECASSE
via ASSETS INVEST · Director · deed of 31-10-2022
Founded in 2017 · total assets €3.0m (2025) · group ENTERHOLD S.A.
→
RE:THRIVE Invest
via ASSETS INVEST · Director (not named in the articles) · deed of 09-10-2025
Founded in 2025 · total assets €2.5m (2025)
→
AXS Liège
via Baltisse Real Estate and ASSETS INVEST · deed of 11-09-2023
Founded in 2023 · total assets €1.7m (2025) · group ENTERHOLD S.A.
→
De Veste Monument
via Baltisse Real Estate and ASSETS INVEST · Director (not named in the articles) · deed of 13-06-2024
Founded in 2024 · total assets €1.2m (2025)
→
226 INVEST
via Baltisse Real Estate · Director (not named in the articles) · deed of 06-07-2026
Founded in 2026
→
BBSD25
via Baltisse Real Estate and ASSETS INVEST · deed of 30-12-2025
Founded in 2025
→
Clara Construct
via Baltisse Real Estate and ASSETS INVEST · Director · deed of 23-12-2025
Founded in 2025
→
CORE
via ASSETS INVEST · Director · deed of 18-05-2026
Founded in 2026
→
Levantis Invest
via Baltisse Real Estate · Director · deed of 04-03-2026
Founded in 2026
→
Levantis Terra
via Baltisse Real Estate · Director · deed of 27-03-2026
Founded in 2026
→
PARK BUILDING
via Baltisse Real Estate · Director · deed of 06-07-2026
Founded in 2026
→
QRF
via QRF MANAGEMENT · Sole director · deed of 09-06-2021
Founded in 2013
→
Woluwe 46 Constructions
via Baltisse Real Estate · Class B director · deed of 05-05-2025
Founded in 2025 · group ENTERHOLD S.A.
→
Immo Resi Woluwe
via Baltisse Real Estate and ASSETS INVEST · Director (not named in the articles) · deed of 29-11-2023
No longer active · founded in 2023 · total assets €23.8m (2025) · group ENTERHOLD S.A.
→
AXS Namur 4
via Baltisse Real Estate, ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · deeds of 09-12-2022 and 27-03-2019
No longer active · total assets €22.0m (2024)
→
ZORGCAMPUS MAASMECHELEN
via ASSETS INVEST · Director · deed of 29-11-2022
No longer active · total assets €13.3m (2024)
→
DE WANDELGANG
via ASSETS INVEST and PARTICIMMO (at ARDENO until 2022) · Director · deeds of 29-11-2022 and 31-10-2018
No longer active · total assets €10.8m (2024)
→
CENTURY CENTER OFFICES
via Baltisse Real Estate, QRF MANAGEMENT and PARTICIMMO (at ARDENO until 2022) · deed of 28-01-2021
No longer active · total assets €10.2m (2019)
→
Anima Vera
via ASSETS INVEST · Director · deed of 29-11-2022
No longer active · total assets €2.8m (2024)
→
K302
via Baltisse Real Estate and PARTICIMMO (at ARDENO until 2022) · Director · deed of 20-07-2020
No longer active · total assets €117,925 (2023)
→

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