ATENOR

Active Risk: not assessed Public limited companyfounded 1950active for 76 yearsAvenue Reine Astrid 92, 1310 La HulpeKBO/BCE: BE 0403.209.303 #1 oldest company in Walloon Brabant, Financial services sector

Heads the group ATENOR 61 companies in 11 countries

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ATENOR

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Holdings

own 2025 accounts, the bar shows equity in euros

This companyATENOR55 holdings, 10 countries 2025 accounts

Belgium 20 Year Equity Result

BE CCN DEVELOPMENT40% 2025€92.5m result -€1.6m (2025)
BE IMMOBILIERE DE LA PETITE ILE90% 2025€14.5m result €2.2m (2025)
BE HEXATEN90% 2025€13.4m result -€243,800 (2025)
BE THE ONE ESTATE90% 2025€10.6m result €192,007 (2025)
BE ATENOR GROUP PARTICIPATIONS99.91% 2025€9.7m result €3.1m (2025)
BE ATENOR TOOLS COMPANY99.8% 2025€3.9m result €88,732 (2025)
BE MONS PROPERTIES90% 2025€1.9m result €81,821 (2025)
BE REST ISLAND90%no longer active 2024€1.6m result €95,137 (2024)
BE VICTOR SPAAK40% 2025€528,217 result -€352,050 (2025)
BE SOAP HOUSE90% 2025€527,911 result -€14,298 (2025)
BE HIGHLINE90% 2025€407,132 result -€448,760 (2025)
BE VICTOR BARA40% 2025€248,705 result -€202,983 (2025)
BE CONSTRUCTEUR DES BERGES69.63% 2025€19,235 result -€7,030 (2025)
BE VICTOR PROPERTIES40% 2025-€86,677 result -€37,846 (2025)
BE ATENOR GROUP INVESTMENTS99.99% 2025-€367,197 result -€836,527 (2025)
BE VICTOR ESTATES40% 2025-€1.2m result -€455,351 (2025)
BE ATENOR LONG TERM GROWTH99.99% 2025-€6.0m result -€868,260 (2025)
BE IMMOANGE40% 2025-€6.0m result -€366,644 (2025)
BE WEHRHAHN ESTATE90% 2025-€14.2m result -€465,827 (2025)
BE NRW DEVELOPPEMENT90% 2025-€15.9m result -€3.3m (2025)

Europe 35 Year Equity Result

FR BDS UNE FOIS95.12% 2024€34.9m result -€9.5m (2024)
PT TAGE UNE FOIS40.99% 2024€32.0m result €31.7m (2024)
PL FORTIC90% 2024€17.8m result -€23.4m (2024)
LU ATENOR LUXEMBOURG89.9% 2024€15.5m result €13.2m (2024)
LU CLOCHE D'OR DEVELOPMENT40% 2024€10.1m result €110,857 (2024)
LU LUXLEX80% 2024€5.1m result -€46,793 (2024)
PT TAGE DEUX FOIS70% 2024€4.9m result -€66,402 (2024)
LU SQUARE 4840% 2024€3.9m result -€51,735 (2024)
LU SQUARE 4240% 2024€844,111 result -€129,342 (2024)
FR ATENOR FRANCE99.9% 2024€604,474 result -€15,731 (2024)
PT ARED 2024€530,578 result €71,392 (2024)
PT ORIENTE UNE FOIS30% 2024€182,227 result -€47,073 (2024)
LU HF IMMOBILIER90% 2024€77,773 result €239,830 (2024)
FR BDS DEUX FOIS90% 2024€74,110 result -€34,047 (2024)
NL TEN BRINKE MYBOND VERHEESKADE40% 2024€15,063 result -€114,449 (2024)
DE ATENOR DEUTSCHLAND 2024-€649,089 result €11,203 (2024)
NL ATENOR NEDERLAND 2024-€785,784 result -€955,637 (2024)
LU LANKELZ FONCIER40% 2024-€808,437 result -€129,779 (2024)
NL LAAKHAVEN VERHEESKADE II40% 2024-€1.5m result -€497,777 (2024)
HU ATENOR HUNGARY 2024-HUF 27.4m result -HUF 58.4m (2024)
PL ATENOR POLAND 2024PLN 865,519 result PLN 745,605 (2024)
RO ATENOR ROMANIA 2024RON 1.9m result RON 184,984 (2024)
GB ATENOR UK 2024GBP 2,068 result -GBP 5,591 (2024)
HU BECSI GREENS90% 2024-HUF 1.42bn result -HUF 1.42bn (2024)
PL BROOKFORT INVESTMENTS90% 2024-PLN 13.3m result PLN 199,284 (2024)
HU CITY TOWER90% 2024HUF 756.5m result HUF 73.5m (2024)
GB FLEET HOUSE DEVELOPMENT90% 2024-GBP 1.2m result GBP 399,642 (2024)
PL HAVERHILL INVESTMENTS90% 2024-PLN 53.6m result -PLN 19.8m (2024)
HU HUNGARIA GREENS90% 2024HUF 260.0m result HUF 65.7m (2024)
HU LAKE GREENS90% 2024-HUF 60.4m result -HUF 63.4m (2024)
RO NOR REAL ESTATE90% 2024-RON 9.7m result -RON 33.5m (2024)
RO NOR RESIDENTIAL SOLUTIONS90% 2024-RON 13.9m result -RON 4.3m (2024)
HU BRIGHT GREENS90% - result -
HU COMO GREENS90% - result -
HU GARDA GREENS90% - result -

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

Heads the group ATENOR Group, risk and exposure

The LEI register names no parent.

At the same address

Avenue Reine Astrid 92, 1310 La Hulpe · 136 other companies

Banqup Group registered office since 26-12-2006 · founded in 2006	turnover €12.9m (2025) 0886.277.617
LEASELEX registered office since 14-02-2017 · founded in 2010 · group ATENOR	total assets €166.9m (2025) 0827.582.026
NORIA INVEST registered office since 06-11-2006 · founded in 2006	total assets €162.1m (2025) 0884.088.187
VAPHARAL registered office since 30-12-2009 · founded in 2010	total assets €132.5m (2025) 0821.961.865
BASTION TOWER I establishment since 18-10-2007 · founded in 2007	total assets €125.6m (2025) 0892.699.017
Banqup registered office since 11-03-2016 · founded in 2016 · group Banqup Group	turnover €2.1m (2025) 0649.860.804
ZETES INDUSTRIES establishment since 27-07-1998 · founded in 1984	30 FTE (2026) 0425.609.373
NATELPAU BELGIUM establishment since 24-12-2009 · founded in 2009	total assets €66.7m (2025) 0821.761.036
DALCQ establishment since 08-09-2021 · founded in 1982	31 FTE (2025) 0422.446.381
HEXEKO registered office since 20-02-2018 · founded in 2018	24 FTE (2025) 0690.749.173

and 126 more

Earlier ties

Hairco via MOROXCO, no longer at Hairco · Director · deed of 11-05-2023 Open bankruptcy · founded in 2017	37 FTE (2023)
EVERSIDE via Realize, no longer at EVERSIDE · Director · deed of 28-12-2022 founded in 2022 · negative equity (2025) · group DWR	total assets €26.5m (2025)
VILVOORDE DEVELOPMENT via Realize, no longer at VILVOORDE DEVELOPMENT · Director · deed of 10-11-2021 founded in 2013 · negative equity (2025) · group DWR	total assets €12.5m (2025)
Mus-E Belgium via Anne-Catherine Chevalier, at ATENOR, last mentioned in 2012 · Director · deed of 13-10-2020 founded in 1999 · accounts filed late	11 FTE (2025)
KBC Bank via Frank DONCK, no longer at KBC Bank · Director · deed of 21-03-2014 founded in 1998 · group KBC Groep	total assets €236.27bn (2025)
Elia Transmission Belgium via Frank DONCK, no longer at Elia Transmission Belgium · Independent director · deed of 30-09-2020 founded in 2019 · group Elia Group	turnover €1.52bn (2025)

Show 48 more earlier ties

ELIA ASSET via Frank DONCK, no longer at ELIA ASSET · Independent director · deed of 30-09-2020 founded in 2001 · group Elia Group	1,000 FTE (2025)
Elia Group via Frank DONCK, no longer at Elia Group · Independent director · deed of 04-06-2021 founded in 2001	total assets €7.15bn (2025)
TELENET via Frank DONCK, no longer at TELENET · Director · deed of 25-05-2011 founded in 2000 · group LIBERTY GLOBAL LTD.	2,476 FTE (2025)
TELENET GROUP HOLDING via Frank DONCK, no longer at TELENET GROUP HOLDING · Director · deed of 25-05-2011 founded in 2002 · group LIBERTY GLOBAL LTD.	total assets €3.08bn (2025)
SIPEF via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 05-08-2019 founded in 1919	turnover €288.6m (2025)
Cliniques de l'Europe - Europa Ziekenhuizen via Charles-Louis d'Arenberg, at ATENOR, last mentioned in 2015 · Vice-chair · deed of 13-10-2023 founded in 1986	1,577 FTE (2025)
SCHREDER via INVESTEA, no longer at SCHREDER · Director · deed of 27-06-2024 founded in 1968	176 FTE (2025)
MATEXI PROJECTS via Realize, no longer at MATEXI PROJECTS · Managing director · deed of 06-11-2023 founded in 2009 · group DWR	113 FTE (2025)
TOURING via Charles-Louis d'Arenberg, at ATENOR, last mentioned in 2015 · Director · deed of 20-07-2017 founded in 1968 · group ageas SA/NV	572 FTE (2025)
MATEXI WALLONIE via Realize, no longer at MATEXI WALLONIE · Director · deed of 15-01-2024 founded in 2012 · group DWR	total assets €82.6m (2025)
Vlerick Business School via Frank DONCK, no longer at Vlerick Business School · Director · deed of 12-10-2020 founded in 1983	164 FTE (2025)
TELENET VLAANDEREN via Frank DONCK, no longer at TELENET VLAANDEREN · Director · deed of 25-05-2011 founded in 1996 · group LIBERTY GLOBAL LTD.	total assets €73.2m (2025)
IMDOMA via Frank DONCK, no longer at IMDOMA · Niet statutair bestuurder categorie b · deed of 14-10-2020 founded in 1983	total assets €69.2m (2025)
FONDATION BERNHEIM via Anne-Catherine Chevalier, at ATENOR, last mentioned in 2012 · Direction · deed of 21-12-2023 founded in 1987	total assets €68.6m (2025)
Matexi Antwerpen via Realize, no longer at Matexi Antwerpen · Managing director · deed of 15-01-2024 founded in 2013 · group DWR	turnover €10.6m (2025)
3D Real Estate via Frank DONCK, no longer at 3D Real Estate · Director · deed of 20-08-2021 founded in 2014 · group 3 D	turnover €35.9m (2025)
TASCO via Frank DONCK, no longer at TASCO · Director · deed of 22-02-2018 founded in 2016	turnover €642,736 (2025)
VLERICK RESEARCH via Frank DONCK, no longer at VLERICK RESEARCH · Director · deed of 12-10-2020 founded in 2001	14 FTE (2025)
3D Skywalkers via Frank DONCK, no longer at 3D Skywalkers · Managing director · deed of 10-03-2020 founded in 2020 · group 3 D	total assets €55.3m (2025)
Fondation Saint - Luc via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 25-06-2021 founded in 2009	5.5 FTE (2025)
MATEXI WEST-VLAANDEREN via Realize, no longer at MATEXI WEST-VLAANDEREN · Managing director · deed of 16-01-2024 founded in 2013 · group DWR	total assets €46.1m (2025)
Matexi Oost-Vlaanderen via Realize, no longer at Matexi Oost-Vlaanderen · Director · deed of 15-01-2024 founded in 2013 · group DWR	total assets €44.8m (2025)
DEGROOF PETERCAM FOUNDATION via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 30-06-2011 founded in 2008	total assets €25.4m (2025)
Markizaat via Frank DONCK, no longer at Markizaat · Director · deed of 31-01-2019 founded in 2014 · group 3 D	total assets €22.4m (2025)
ROYAL AUTOMOBILE CLUB DE BELGIQUE - KONINKLIJKE AUTOMOBIEL CLUB VAN BELGIE via Luc Vermeulen, at ATENOR, last mentioned in 2006 · Administrateur honoraire · deed of 15-06-2023 founded in 1968	17 FTE (2025)
MATEXI BRUSSEL via Realize, no longer at MATEXI BRUSSEL · Managing director · deed of 22-01-2024 founded in 2012 · group DWR	total assets €15.5m (2025)
Immo - Vilvo via Realize, no longer at Immo - Vilvo · Managing director · deed of 15-01-2024 founded in 1977 · group DWR	total assets €14.2m (2025)
3D LAND via Frank DONCK, no longer at 3D LAND · Director founded in 2017 · group 3 D	turnover €12.8m (2025)
Engeland Development via Realize, no longer at Engeland Development · Class A director · deed of 13-11-2023 founded in 2016 · group DWR	turnover €4.2m (2025)
METROPOOL VASTGOED via Realize, no longer at METROPOOL VASTGOED · Managing director · deed of 06-11-2023 founded in 2001 · group DWR	total assets €7.7m (2025)
HUON & KAURI via Frank DONCK, no longer at HUON & KAURI · Director · deed of 30-01-2024 founded in 1994	total assets €7.7m (2025)
SYNDICAT- D'INITIATIVE-BRUXELLES PROMOTION 1886 SOCIETE ROYALE S.I.B.P. via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 12-11-2015 founded in 1964	4 FTE (2025)
MATEXI CITY DEVELOPMENT via Realize, no longer at MATEXI CITY DEVELOPMENT · Managing director · deed of 15-01-2024 founded in 1997 · group DWR	total assets €5.8m (2025)
MATEXI REAL ESTATE FINANCE via Realize, no longer at MATEXI REAL ESTATE FINANCE · Director · deed of 06-11-2023 founded in 1997 · group DWR	total assets €5.4m (2025)
TRADIPLAN via Realize, no longer at TRADIPLAN · Managing director · deed of 13-11-2023 founded in 1976 · group DWR	total assets €5.1m (2025)
FORELUX via Charles-Louis d'Arenberg, at ATENOR, last mentioned in 2015 · Director · deed of 15-04-2026 founded in 2002	total assets €4.7m (2025)
ACADEMIE VASTGOEDONTWIKKELING via Frank DONCK, no longer at ACADEMIE VASTGOEDONTWIKKELING · Director · deed of 06-08-2020 founded in 2014 · group 3 D	turnover €108,006 (2025)
Ligue Cardiologique belge via Luc Vermeulen, at ATENOR, last mentioned in 2006 · Chair and director · deed of 09-03-2017 founded in 1968	3.3 FTE (2025)
MIRMEX MOTOR via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 30-10-2025 founded in 2017	6.8 FTE (2025)
MATEXI IMMO INVEST via Realize, no longer at MATEXI IMMO INVEST · Director · deed of 31-10-2023 founded in 1997 · group DWR	total assets €1.5m (2025)
YOUTHSTART BELGIUM via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 13-03-2018 founded in 1999	8.9 FTE (2025)
Centrale de marchés de l'Enseignement catholique via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 14-09-2023 founded in 2013	4 FTE (2025)
Footlogix Europe via MOROXCO, no longer at Footlogix Europe · Director · deed of 24-09-2019 founded in 2010	2.2 FTE (2025)
Antwerp Tower via Realize, no longer at Antwerp Tower · Managing director · deed of 06-11-2023 founded in 1968 · group DWR	total assets €575,232 (2025)
BUT THINES via Realize, no longer at BUT THINES · Director · deed of 05-01-2023 founded in 2018 · group DWR	total assets €266,979 (2025)
BANQUE DEGROOF PETERCAM via Regnier Haegelsteen, at ATENOR, last mentioned in 2012 · Director · deed of 13-03-2013	founded in 1956
V4 INVESTMENTS via MOROXCO, no longer at V4 INVESTMENTS · Director · deed of 07-03-2019 No longer active	total assets €2,121 (2024)
LPCHI via MOROXCO, no longer at LPCHI · Director · deed of 12-12-2019 No longer active · founded in 2019	total assets €674 (2025)

Holdings and subsidiaries

55 in the list of holdings, 3 from the LEI register, 1 from other sources · 47 subsidiaries, including indirect ones

REST ISLANDsubsidiary
Equity €2.0m Profit of €433,526 in 2025 (profit of €95,137 in 2024) Checked score 94
Sourceaccounts REST ISLAND 2025

89.98%
BROOKFORT INVESTMENTS SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄPLsubsidiary
SourceLEI register

consolidated
Hungária Greens Korlátolt Felelősségű TársaságHUsubsidiary
SourceLEI register

consolidated
LEASELEXsubsidiary
Equity €12.3m Profit of €1.5m in 2025 (profit of €9.8m in 2024)
SourceLEI register

consolidated

Share, source and own figures per holding (55)

Source for every holding own accounts 2025

AREDPTsubsidiary
Equity €530,578Result €71,392

100%
ATENOR DEUTSCHLANDDEsubsidiary
Equity -€649,089Result €11,203

100%
ATENOR HUNGARYHUsubsidiary
Equity -HUF 27.4mResult -HUF 58.4m

100%
ATENOR NEDERLANDNLsubsidiary
Equity -€785,784Result -€955,637

100%
ATENOR POLANDPLsubsidiary
Equity PLN 865,519Result PLN 745,605

100%
ATENOR ROMANIAROsubsidiary
Equity RON 1.9mResult RON 184,984

100%
ATENOR UKGBsubsidiary
Equity GBP 2,068Result -GBP 5,591

100%
ATENOR GROUP INVESTMENTSsubsidiary
Equity -€367,197 Loss of €836,527 in 2025 (loss of €97,883 in 2024) Checked score 52
AlsoLEI register accounts ATENOR GROUP INVESTMENTS 2025

99.99%+ 0.01% via subsidiaries
Atenor Long Term Growthsubsidiary
Equity -€6.0m Loss of €868,260 in 2025 (loss of €390,809 in 2024) Checked score 53
AlsoLEI register accounts Atenor Long Term Growth 2025

99.99%+ 0.01% via subsidiaries
ATENOR GROUP PARTICIPATIONSsubsidiary
Equity €9.7m Profit of €3.1m in 2025 (loss of €2.6m in 2024) Checked score 89
AlsoLEI register accounts ATENOR GROUP PARTICIPATIONS 2025

99.91%+ 0.09% via subsidiaries
ATENOR FRANCEFRsubsidiary
Equity €604,474Result -€15,731

99.9%+ 0.1% via subsidiaries
ATENOR TOOLS COMPANYsubsidiary
Equity €3.9m Profit of €88,732 in 2025 (profit of €96,805 in 2024)
AlsoLEI register accounts ATENOR TOOLS COMPANY 2025

99.8%+ 0.2% via subsidiaries
BDS UNE FOISFRsubsidiary
Equity €34.9mResult -€9.5m

95.12%+ 4.6% via subsidiaries
BDS DEUX FOISFRsubsidiary
Equity €74,110Result -€34,047

90%+ 10% via subsidiaries
BECSI GREENSHUsubsidiary
Equity -HUF 1.42bnResult -HUF 1.42bn

90%+ 10% via subsidiaries
BRIGHT GREENSHUsubsidiary

90%+ 10% via subsidiaries
BROOKFORT INVESTMENTSPLsubsidiary
Equity -PLN 13.3mResult PLN 199,284

90%+ 10% via subsidiaries
CITY TOWERHUsubsidiary
Equity HUF 756.5mResult HUF 73.5m

90%+ 10% via subsidiaries
COMO GREENSHUsubsidiary

90%+ 10% via subsidiaries
FLEET HOUSE DEVELOPMENTGBsubsidiary
Equity -GBP 1.2mResult GBP 399,642

90%+ 10% via subsidiaries
FORTICPLsubsidiary
Equity €17.8mResult -€23.4m

90%+ 10% via subsidiaries
GARDA GREENSHUsubsidiary

90%+ 10% via subsidiaries
HAVERHILL INVESTMENTSPLsubsidiary
Equity -PLN 53.6mResult -PLN 19.8m

90%+ 10% via subsidiaries
HEXATENsubsidiary
Equity €13.4m Loss of €243,800 in 2025 (loss of €220,349 in 2024) Checked score 91
AlsoLEI register accounts HEXATEN 2025

90%+ 10% via subsidiaries
HF IMMOBILIERLUsubsidiary
Equity €77,773Result €239,830

90%+ 10% via subsidiaries
HIGHLINE BRUSSELS SAsubsidiary
Equity €407,132 Loss of €448,760 in 2025 (loss of €434,737 in 2024) Checked score 53
Alsoaccounts HIGHLINE BRUSSELS SA 2025

90%+ 10% via subsidiaries
HUNGARIA GREENSHUsubsidiary
Equity HUF 260.0mResult HUF 65.7m

90%+ 10% via subsidiaries
Immobilière de la Petite Ilesubsidiary
Equity €14.5m Profit of €2.2m in 2025 (profit of €5.6m in 2024) Checked score 95
Alsoaccounts Immobilière de la Petite Ile 2025

90%+ 10% via subsidiaries
LAKE GREENSHUsubsidiary
Equity -HUF 60.4mResult -HUF 63.4m

90%+ 10% via subsidiaries
MONS PROPERTIESsubsidiary
Equity €1.9m Profit of €81,821 in 2025 (loss of €417,014 in 2024) Checked score 93
Alsoaccounts MONS PROPERTIES 2025

90%+ 10% via subsidiaries
NOR REAL ESTATEROsubsidiary
Equity -RON 9.7mResult -RON 33.5m

90%+ 10% via subsidiaries
NOR RESIDENTIAL SOLUTIONSROsubsidiary
Equity -RON 13.9mResult -RON 4.3m

90%+ 10% via subsidiaries
NRW DÉVELOPPEMENT SAsubsidiary
Equity -€15.9m Loss of €3.3m in 2025 (loss of €69,197 in 2024) Checked score 52
Alsoaccounts NRW DÉVELOPPEMENT SA 2025deed 16-07-2020

90%+ 10% via subsidiaries
SENIOR ISLANDsubsidiary
Equity €1.6mResult €95,137

90%+ 10% via subsidiaries
SOAP HOUSE SAsubsidiary
Equity €527,911 Loss of €14,298 in 2025 (loss of €12,896 in 2024) Checked score 91
Alsoaccounts SOAP HOUSE SA 2025

90%+ 10% via subsidiaries
THE ONE ESTATEsubsidiary
Equity €10.6m Profit of €192,007 in 2025 (profit of €164,447 in 2024) Checked score 92
Alsoaccounts THE ONE ESTATE 2025

90%+ 10% via subsidiaries
Wehrhahn Estatesubsidiary
Equity -€14.2m Loss of €465,827 in 2025 (loss of €1.2m in 2024) Checked score 52
Alsoaccounts Wehrhahn Estate 2025

90%+ 10% via subsidiaries
ATENOR LUXEMBOURGLUsubsidiary
Equity €15.5mResult €13.2m

89.9%+ 10.1% via subsidiaries
LUXLEXLUsubsidiary
Equity €5.1mResult -€46,793

80%+ 10% via subsidiaries
TAGE DEUX FOISPTsubsidiary
Equity €4.9mResult -€66,402

70%+ 30% via subsidiaries
CONSTRUCTEUR DES BERGESsubsidiary
Equity €19,235 Loss of €7,030 in 2025 (loss of €7,680 in 2024) Checked score 86
Alsoaccounts CONSTRUCTEUR DES BERGES 2025

69.63%+ 10% via subsidiaries
TAGE UNE FOISPT
Equity €32.0mResult €31.7m

40.99%+ 10% via subsidiaries
CCN DEVELOPMENT
Equity €92.5m Loss of €1.6m in 2025 (loss of €5.0m in 2024) Checked score 93

40%+ 10% via subsidiaries
CLOCHE D'OR DEVELOPMENTLU
Equity €10.1mResult €110,857

40%+ 10% via subsidiaries
IMMOANGE
Equity -€6.0m Loss of €366,644 in 2025 (loss of €366,298 in 2024) Checked score 53
Alsoaccounts IMMOANGE 2025

40%+ 10% via subsidiaries
LAAKHAVEN VERHEESKADE IINL
Equity -€1.5mResult -€497,777

40%+ 10% via subsidiaries
LANKELZ FONCIERLU
Equity -€808,437Result -€129,779

40%+ 10% via subsidiaries
SQUARE 42LU
Equity €844,111Result -€129,342

40%+ 10% via subsidiaries
SQUARE 48LU
Equity €3.9mResult -€51,735

40%+ 10% via subsidiaries
TEN BRINKE MYBOND VERHEESKADENL
Equity €15,063Result -€114,449

40%+ 10% via subsidiaries
VICTOR BARA
Equity €248,705 Loss of €202,983 in 2025 (loss of €265,349 in 2024) Checked score 61
Alsoaccounts VICTOR BARA 2025

40%+ 10% via subsidiaries
VICTOR ESTATES
Equity -€1.2m Loss of €455,351 in 2025 (loss of €598,983 in 2024) Checked score 53
Alsoaccounts VICTOR ESTATES 2025

40%+ 10% via subsidiaries
VICTOR PROPERTIES
Equity -€86,677 Loss of €37,846 in 2025 (loss of €48,200 in 2024) Checked score 53
Alsoaccounts VICTOR PROPERTIES 2025

40%+ 10% via subsidiaries
VICTOR SPAAK
Equity €528,217 Loss of €352,050 in 2025 (loss of €462,739 in 2024) Checked score 50
Alsoaccounts VICTOR SPAAK 2025

40%+ 10% via subsidiaries
ORIENTE UNE FOISPT
Equity €182,227Result -€47,073

30%+ 0% via subsidiaries

All subsidiaries, including indirect ones 47

ATENOR or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

AREDPT 100%
ATENOR DEUTSCHLANDDE 100%
ATENOR HUNGARYHU 100%
ATENOR NEDERLANDNL 100%
ATENOR POLANDPL 100%
ATENOR ROMANIARO 100%
ATENOR UKGB 100%
ATENOR GROUP INVESTMENTS 99.99%
Atenor Long Term Growth 99.99%
ATENOR GROUP PARTICIPATIONS 99.91%2 subsidiaries
- COMO GREENS 90%
- GARDA GREENS 90%
ATENOR FRANCEFR 99.9%
ATENOR TOOLS COMPANY 99.8%
BDS UNE FOISFR 95.12%
BDS DEUX FOISFR 90%
BECSI GREENSHU 90%
BRIGHT GREENSHU 90%
BROOKFORT INVESTMENTSPL 90%
CITY TOWERHU 90%
COMO GREENSHU 90%
FLEET HOUSE DEVELOPMENTGB 90%
FORTICPL 90%
GARDA GREENSHU 90%
HAVERHILL INVESTMENTSPL 90%
HEXATEN 90%
HF IMMOBILIERLU 90%
HIGHLINE BRUSSELS SA 90%
HUNGARIA GREENSHU 90%
Immobilière de la Petite Ile 90%
LAKE GREENSHU 90%
MONS PROPERTIES 90%
NOR REAL ESTATERO 90%
NOR RESIDENTIAL SOLUTIONSRO 90%
NRW DÉVELOPPEMENT SA 90%
SENIOR ISLAND 90%
SOAP HOUSE SA 90%
THE ONE ESTATE 90%
Wehrhahn Estate 90%
REST ISLAND 89.98%
ATENOR LUXEMBOURGLU 89.9%
LUXLEXLU 80%
TAGE DEUX FOISPT 70%
CONSTRUCTEUR DES BERGES 69.63%
BROOKFORT INVESTMENTS SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄPL consolidated
Hungária Greens Korlátolt Felelősségű TársaságHU consolidated
LEASELEX consolidated

Holdings through the years 2006 to 2025

Holdings through the years
Name	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
AREDPT 2019 to 2025: 100%														100%
ATENOR DEUTSCHLANDDE 2020 to 2025: 100%															100%
ATENOR HUNGARYHU 2018 to 2025: 100%													100%
ATENOR NEDERLANDNL 2021 to 2025: 100%																100%
ATENOR POLANDPL 2018 to 2025: 100%													100%
ATENOR ROMANIARO 2019 to 2025: 100%														100%
ATENOR UKGB 2021 to 2025: 100%																100%
ATENOR GROUP INVESTMENTS 2014 to 2025: 99.99%									99.99%
Atenor Long Term Growth 2018 to 2019: 99% 2020 to 2025: 99.99%													99%		99.99%
ATENOR GROUP PARTICIPATIONS 2011 to 2012: 99.9% 2013 to 2019: 99% 2020 to 2025: 99.91%						99.9%		99%							99.91%
ATENOR FRANCEFR 2017 to 2025: 99.9%												99.9%
ATENOR TOOLS COMPANY 2006 to 2025: 99.8%	99.8%
BDS UNE FOISFR 2019: 90% 2020 to 2025: 95.12%														90%	95.12%
BDS DEUX FOISFR 2020 to 2025: 90%															90%
BECSI GREENSHU 2019 to 2025: 90%														90%
BRIGHT GREENSHU 2025: 90%																				90%
BROOKFORT INVESTMENTSPL 2019 to 2025: 90%														90%
CITY TOWERHU 2018 to 2025: 90%													90%
COMO GREENSHU 2025: 90%																				90%
FLEET HOUSE DEVELOPMENTGB 2021 to 2025: 90%																90%
FORTICPL 2024 to 2025: 90%																			90%
GARDA GREENSHU 2025: 90%																				90%
HAVERHILL INVESTMENTSPL 2018 to 2025: 90%													90%
HEXATEN 2015 to 2025: 90%										90%
HF IMMOBILIERLU 2011 to 2025: 90%						90%
HIGHLINE BRUSSELS SA 2022 to 2025: 90%																	90%
HUNGARIA GREENSHU 2018 to 2025: 90%													90%
Immobilière de la Petite Ile 2011: 99.95% 2012 to 2013: 89.92% 2014: 89.98% 2015 to 2025: 90%						99.95%	89.92%		89.98%	90%
LAKE GREENSHU 2021 to 2025: 90%																90%
MONS PROPERTIES 2008 to 2011: 99.9% 2012 to 2013: 89.9% 2014 to 2025: 90%			99.9%				89.9%		90%
NOR REAL ESTATERO 2017 to 2025: 90%												90%
NOR RESIDENTIAL SOLUTIONSRO 2018 to 2025: 90%													90%
NRW DÉVELOPPEMENT SA 2020 to 2025: 90%															90%
SENIOR ISLAND 2015 to 2025: 90%										90%
SOAP HOUSE SA 2022 to 2025: 90%																	90%
THE ONE ESTATE 2015 to 2025: 90%										90%
Wehrhahn Estate 2018 to 2025: 90%													90%
ATENOR LUXEMBOURGLU 2018 to 2019: 99.9% 2020 to 2025: 89.9%													99.9%		89.9%
LUXLEXLU 2016 to 2023: 81% 2024 to 2025: 80%											81%								80%
TAGE DEUX FOISPT 2022 to 2025: 70%																	70%
CONSTRUCTEUR DES BERGES 2020 to 2025: 69.63%															69.63%
TAGE UNE FOISPT 2019 to 2022: 89.99% 2023 to 2025: 40.99%														89.99%				40.99%
CCN DEVELOPMENT 2019: 3.54% 2020: 4.85% 2021 to 2023: 23.33% 2024 to 2025: 40%														3.54%	4.85%	23.33%			40%
CLOCHE D'OR DEVELOPMENTLU 2021 to 2022: 90% 2023 to 2024: 45% 2025: 40%																90%		45%		40%
IMMOANGE 2009 to 2011: 50% 2012: 49.67% 2013 to 2019: 45% 2020 to 2025: 40%				50%			49.67%	45%							40%
LAAKHAVEN VERHEESKADE IINL 2020 to 2025: 40%															40%
LANKELZ FONCIERLU 2020 to 2025: 40%															40%
SQUARE 42LU 2019 to 2022: 90% 2023 to 2025: 40%														90%				40%
SQUARE 48LU 2023 to 2025: 40%																		40%
TEN BRINKE MYBOND VERHEESKADENL 2020 to 2025: 40%															40%
VICTOR BARA 2016 to 2019: 45% 2020 to 2025: 40%											45%				40%
VICTOR ESTATES 2008: 90% 2009 to 2013: 0.01% 2014 to 2019: 45% 2020 to 2025: 40%			90%	0.01%					45%						40%
VICTOR PROPERTIES 2008: 99.99% 2009 to 2011: 50% 2012: 48.57% 2013 to 2019: 45% 2020 to 2025: 40%			99.99%	50%			48.57%	45%							40%
VICTOR SPAAK 2016 to 2019: 45% 2020 to 2025: 40%											45%				40%
ORIENTE UNE FOISPT 2022 to 2024: 70% 2025: 30%																	70%			30%
186 VICTOR HUGOFR 2023 to 2024: 90%																		90%
SZEREMI GREENSHU 2019 to 2024: 90%														90%
ATENOR GROUP CENTRAL EUROPE 2008 to 2009: 90% 2010: 93% 2011: 93.25% 2012 to 2018: 90% 2019 to 2022: 100%			90%		93%	93.25%	90%							100%
IMMO SILEX 2017 to 2019: 81% 2020 to 2022: 80%												81%			80%
De Molens 2020 to 2022: 40%															40%
Markizaat 2019: 45% 2020 to 2022: 40%														45%	40%
BUILD UP 2010 to 2011: 75% 2012 to 2020: 90%					75%		90%
VICTOREI 174 BUSINESS DEVELOPMENTRO 2020: 90%															90%
NGYRO 2017 to 2020: 25%												25%
BDS 2XFR 2018: 99.9% 2019: 90%													99.9%	90%
DREWS CITY TOWERHU 2018 to 2019: 90%													90%
Victorei 174 Business DevelomentRO 2016 to 2019: 90%											90%
ALCO BUILDING 2006 to 2011: 99.74% 2012 to 2019: 89.74%	99.74%						89.74%
ATENOR GROUP ROMANIARO 2008 to 2018: 100%			100%
BDS UNE FOIS SASFR 2017 to 2018: 90%												90%
NAOSLU 2016 to 2018: 49.5%											49.5%
CITY VIEW TOWERHU 2018: 3.23%													3.23%
ATENOR GROUP HUNGARY KftHU 2008 to 2017: 100%			100%
ATENOR GROUP LUXEMBOURGLU 2006 to 2017: 99.9%	99.9%
CITY TOWER KftHU 2008 to 2009: 90% 2010: 92% 2011: 92.5% 2012 to 2017: 90%			90%		92%	92.5%	90%
DREWS CITY TOWER KftHU 2008 to 2011: 100% 2012 to 2017: 90%			100%				90%
HUNGARIA GREENS kftHU 2017: 90%												90%
NAMUR WATERFRONT 2008 to 2010: 90% 2011: 90.25% 2012 to 2017: 90%			90%			90.25%	90%
THE ONE OFFICE 2015 to 2017: 90%										90%
CONTINENTAL PROJECT & PROPERTY MANAGEMENT 2006 to 2011: 98.49% 2012 to 2017: 89.98%	98.49%						89.98%
CITY VIEW TOWER KftHU 2011: 3% 2012 to 2017: 3.23%						3%	3.23%
AIR PROPERTIESLU 2014 to 2015: 45%									45%
BRUSSELS EUROPA 2006 to 2011: 95.33% 2012 to 2014: 90%	95.33%						90%
SOUTH CITY HOTEL 2006 to 2014: 40%	40%
UP 35 2011: 100% 2012 to 2013: 90%						100%	90%
LAZER IMMO s.r.o.CZ 2006 to 2012: 100%	100%
ANAPHOR VENTURE 2006 to 2008: 95.88% 2009 to 2010: 95.95% 2011: 95.97% 2012: 96.07%	95.88%			95.95%		95.97%	96.07%
SOCIETE DES PLANTATIONS DE DEMBIA 2006 to 2007: 51.49% 2008 to 2012: 52.42%	51.49%		52.42%
LAURENTIDE 2008 to 2012: 0.85%			0.85%
UP 36 2011: 100%						100%
HMLFT 2006 to 2009: 99.5%	99.5%
IEK BLU 2006 to 2009: 49.85%	49.85%
SOUTH CITY OFFICE FONSNY 2006 to 2009: 40%	40%
LA MEUTE 2006 to 2009: 11.55%	11.55%
STAY@BRUSSELS 2007: 99%		99%
PRESIDENT BLU 2006: 90%	90%
PRESIDENT CLU 2006: 90%	90%
PRESIDENT ALU 2006: 80%	80%
LAZER 2006: 75%	75%
ANAGEST 2006: 4.58%	4.58%

Source: list of holdings in its own accounts

Board mandates elsewhere

11 board mandates

Board mandates of ATENORATENOR sits on their board11

NRW DÉVELOPPEMENT SA

Director

Founded in 2020 · total assets €22.3m (2025) · negative equity · group ATENOR

Wehrhahn Estate

Director

Founded in 2018 · turnover €61,500 (2025) · negative equity · group ATENOR

Atenor Long Term Growth

Director

Founded in 2018 · total assets €904,279 (2025) · negative equity · group ATENOR

LEASELEX

Director

Founded in 2010 · total assets €166.9m (2025) · group ATENOR

HIGHLINE BRUSSELS SA

Director

Founded in 2022 · total assets €19.1m (2025) · group ATENOR

THE ONE ESTATE

Director

Founded in 2016 · total assets €10.7m (2025) · group ATENOR

Show 5 more

ATENOR TOOLS COMPANY

Director

Founded in 1955 · total assets €4.0m (2025) · group ATENOR

SOAP HOUSE SA

Director

Founded in 2022 · total assets €2.0m (2025) · group ATENOR

Belgian Green Building Council

Director

Founded in 2025 · total assets €436,388 (2025)

UNION PROFESSIONNELLE DU SECTEUR IMMOBILIER UPSI

Director

Founded in 1956

UP 4 NORTH

Director

Founded in 2016

Acquisitions and mergers

1 transaction

Received in a demerger part of:CONTINENTAL PROJECT & PROPERTY MANAGEMENT

BE 0454.624.647proposal · Gazette deed of 02-06-2008

Control of UK companies

2 UK companies

ATENOR UK LIMITED

75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors

UK company 13438551 · active · notified on 04-06-2021

FLEET HOUSE DEVELOPMENT LIMITED

75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors

UK company 13448633 · active · notified on 10-06-2021

Source: Companies House (VK), Contains public sector information licensed under the Open Government Licence v3.0

Connections & network

20 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

Oxurion

via INVESTEA · Director · deed of 08-08-2019

Founded in 2006 · 7.3 FTE (2025) · negative equity

→

J.S.IMMO

via Stéphan René Jean SONNEVILLE · Statutory director · deed of 17-07-2019

Founded in 1997 · total assets €487,780 (2024) · accounts filed late

→

KBC Groupe

via Frank DONCK · Director · deed of 19-05-2023

Founded in 1935 · total assets €39.70bn (2025)

→

BARCO

via Frank DONCK · Chair of the board · deed of 31-05-2023

Founded in 2000 · 1,246 FTE (2025)

→

Show 16 more companies with a shared director

RECTICEL

via MOROXCO · Niet uitvoerend en onafhankelijk bestuurder · deed of 24-06-2019

Founded in 1896 · 227 FTE (2025)

→

BPI Real Estate Belgium

via LEFEVRE Jacques (permanent representative of ATENOR) · Permanent representative · deed of 15-01-2021

Founded in 1989 · 23 FTE (2025) · group ACKERMANS & VAN HAAREN

→

EAGLESTONE

via LEFEVRE Jacques (permanent representative of ATENOR) · Permanent representative · deed of 19-09-2019

Founded in 2010 · turnover €2.2m (2025)

→

IBERIS

via Frank DONCK · Permanent representative · deed of 16-09-2024

Founded in 1994 · total assets €27.1m (2025)

→

COSY

via MOROXCO · Director · deed of 21-05-2024

Founded in 2021 · 7.4 FTE (2025)

→

GOODWAYS

via LEFEVRE Jacques (permanent representative of ATENOR) · Class B director · deed of 15-09-2026

Founded in 1960 · total assets €24.5m (2025)

→

WINGE GOLF

via Frank DONCK · Director · deed of 14-08-2026

Founded in 1987 · 7.9 FTE (2025)

→

M.K.R. INTERNATIONAL

via Stéphan René Jean SONNEVILLE · Director · deed of 05-05-2021

Founded in 2003 · total assets €661,361 (2025)

→

COMMISSION CORPORATE GOVERNANCE

via Frank DONCK · Director · deed of 19-08-2026

Founded in 2007

→

Global Develop Forward VII

via MOROXCO · Investor director · deed of 02-01-2026

Founded in 2025

→

Global Develop Forward VIII

via MOROXCO · Director (not named in the articles) · deed of 02-01-2026

Founded in 2025

→

KBC ASSURANCES

via Frank DONCK · Director · deed of 28-05-2024

Founded in 1922 · group KBC Groep

→

Museum Nicolaas Rockox

via Frank DONCK · Director · deed of 16-06-2026

Founded in 1970

→

Build UP (en liquidation)

via Stéphan René Jean SONNEVILLE · Director · deed of 20-05-2020

No longer active · total assets €10.4m (2021)

→

THE HOUSE OF BEAUTY

via MOROXCO · Director · deed of 11-03-2019

No longer active · total assets €970,953 (2023)

→

QUARTIER BIESTEBROECK

via LEFEVRE Jacques (permanent representative of ATENOR) and Stéphan René Jean SONNEVILLE (no longer at QUARTIER BIESTEBROECK) · Director · deed of 19-09-2019

No longer active

→

Holdings

Belgium 20 Year Equity Result

Europe 35 Year Equity Result

At the same address

Earlier ties

Holdings and subsidiaries

Holdings 59

Board mandates elsewhere

Acquisitions and mergers

Control of UK companies

Connections & network