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CCN DEVELOPMENT

Active Public limited companyfounded 2019active for 7 yearsKunstlaan 58, 1000 BrusselsKBO/BCE: BE 0727.594.723 subsidiary of AG INSURANCE
CCN DEVELOPMENT
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Overview

Lifetime

7 annual accounts with figures on one time axis
Turnoverpeak €731,679 (2021)
-not published
Resultlowest -€5.0m (2024)
-€1.6m▲ €3.4m
Equitypeak €107.1m (2020)
€92.5m▼ 1.6%
Debts
€36.6m▲ 15.9%
Board13 names since 2019all names
4 directorsAMAURY DE CROMBRUGGHE and 3 others
Owners5 names in the annual accounts
40%ATENOR and 1 other
Documentsfilings and deeds
01-06-202660 days before the deadline
2025financial year
Gross margin from -€379,714 to €1.0mLoss of €1.6mNew class B director 16-071 director appointed, 1 resignation, 3 reappointments, 1 stat… 21-05Debts from €31.6m to €36.6mCash from €513,055 to €774,437

Key points

from the 2025 annual accounts

Losses

-€17.7m in seven years
-1.02019-2.12020-3.82021-2.02022-2.32023-5.02024-1.62025

Every financial year from 2019 to 2025 closed with a loss. 2024 was the heaviest.

Liquidity

0.66 was 13.37 in 2024

Short-term debts rose from €1.3m to €29.2m.

Filings

7 annual accounts since 2019
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 60 to 80 days before the end of the period.

At the same address

100 companies
  • Jacqmain 83 Office seat since 21-04-2026
  • BFTC Infra seat since 23-01-2026
  • Magis Investment Fund seat since 03-10-2025

Board

1 joined · 1 left

Board changed. Latest change 21-09-2026 · 4 in office.

Position in the sector

-€1.6m

Lower net result than 95% of companies in real estate. Sector median €20,532 · 5,810 companies.

Checked score

93
Excellent
Financially stronger than 43% of large companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 318 companies (NACE 68, large).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

Solvency
97-3equity 71.6% of total assets
Liquidity
43-8short-term debt 22.6% · cash 0.6%
Profitability
34+6return on assets -1.2%

Score breakdown

raises risk
Liquidity: current ratio 0.66, cash €774,437
lowers risk
Size: total assets €129.1m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 04-06-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, large). It does better than 81% of them on solvency, 29% on liquidity, 29% on profitability and 34% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €8,600,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.66 (13.37 in 2024), below 1. Short-term debt is 22.6% and cash 0.6% of total assets. 28.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €129.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.66, cash €774,437
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 04-06-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€1.6m
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 01-06-2026, 60 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
60 days early
2024
65 days early
2023
77 days early
2022
80 days early
2021
76 days early
2020
66 days early
2019
70 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 71 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AH
Alexander HODAC
Director, since 02-05-2025
MV
MARC VAN BEGIN
Director
SH
Suzy Hélène DENYS
Director, since 01-07-2025
AY
ADEL YAHIA CONSULT
Director
PR
PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL
Auditor, Kurt Cappoen
and 3 other shareholders

Shares in 4 companies, including CCN Housing B1 and CCN Housing B2

Board & ownership

Recent changes

New class C director SRL Adel Yahia Consult appointed, SRL Amaury de Crombrugghe resigned · General meeting of 29-09-2026 · Gazette deed
New class B director Suzy Hélène DENYS appointed, Laurent COLLIER resigned · General meeting of 01-07-2025 · Gazette deed
1 director appointed, 1 resignation, 3 reappointments, 1 statutory auditor reappointed Resignation: Stéphan Sonneville (class B director) · Appointment: Alexander HODAC (class B director) · Reappointments: Amaury de Crombrugghe SRL (class C director), Laurent COLLIER (class B director), Marc Van Begin SRL (class C director) and PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL (statutory auditor) · General meeting of 02-05-2025 · Gazette deed
New class C director Amaury de Crombrugghe appointed, Xavier Denis resigned · Permanent representative: Amaury de Crombrugghe · General meeting of 29-08-2024 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
CCN DEVELOPMENT Brussels €129.1m €1.0m 71.6% -
PRQ Antwerp €68.4m €0.6m 69.5% -
LACAGRO Antwerp €58.3m €1.3m 9.1% -
LEMA Sint-Martens-Latem €78.0m €1.1m 80.0% 3.5
BEMO Sint-Martens-Latem €77.8m €1.1m 92.0% 4.1
INTERVEST BERINGEN Antwerp €112.5m €4.8m 19.5% -
Botanic-Estate Antwerp €125.3m €5.4m 20.0% -

These companies have the same main activity as CCN DEVELOPMENT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €58m and €125m, founded between 2017 and 2022.

Official details

Source: KBO
Status
Active since 28-05-2019Normal situation
Registered office
101 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 6 November 2026.
Activity
Buying and selling of own real estateNACE 68110and 3 others
Establishment unit
2.289.934.6261000 Brussels, since 28-05-2019
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

Gross margin
€1.0m
Turnover
≈ €1.3mestimated
Loss
€1.6m▼ 68.7%
Equity
€92.5m▼ 1.6%
Total assets
€129.1m▲ 2.8%
Filing
Filed on 01-06-2026, 60 days before the end of the filing period
Financials

Companies linked to CCN DEVELOPMENT

Insights on CCN DEVELOPMENT

CCN DEVELOPMENT has existed since 2019. The present size dates from 2020. Turnover rose that year from €66,110 to €528,923.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 01-06-2026, 60 days before the deadline
Gross margin
€1.0m
▲ €1.4m
Operating result
-€580,861
▲ €717,908
EBITDA
-
Cash flow
-
Solvency
71.6%
▼ 3.2 percentage points
Current ratio
0.66
▼ 12.71

Money flows

no detail for 2025

Balance sheet

balance sheet total €129.1m on 31-12-2025
What the company ownsHow it is paid for

Change in equityin €m

Change in cashin euro

Position in the sector

Compare with sector

Solvency71.6%

Higher than 75% of 5,803 companies in 2025.

Current ratio0.66

Higher than 31% of 5,554 companies in 2025.

Return on assets-1.2%

Higher than 27% of 5,777 companies in 2025.

CCN DEVELOPMENT Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
Total assets20/58 129.1m125.6m140.9m133.5m124.3m119.5m108.2m
Fixed assets21/28 109.7m108.2m124.4m115.1m118.6m114.9m106.9m
Tangible fixed assets22/27 ----118.6m114.9m106.9m
Land and buildings22 ----110.3m110.1m106.7m
Assets under construction and advance payments27 ----8.4m4.8m220,687
Financial fixed assets28 109.7m108.2m124.4m115.1m1--
Affiliated companies280/1 --124.4m115.1m1--
Participating interests280 --105.1m105.1m1--
Amounts receivable281 --19.3m9.9m---
Current assets29/58 19.4m17.5m16.5m18.5m5.7m4.6m1.3m
Stocks and contracts in progress3 15.9m15.2m13.4m11.9m---
Stocks30/36 15.9m15.2m13.4m11.9m---
Property held for sale35 --13.4m11.9m---
Amounts receivable within one year40/41 2.7m1.7m2.2m2.1m2.1m244,907158,281
Trade receivables40 2.5m1.6m2.1m2.1m2.1m84,527128,464
Other amounts receivable41 160,722138,00873,478--160,38029,817
Cash at bank and in hand54/58 774,437513,055901,7563.3m3.6m4.4m1.2m
Deferred charges and accrued income490/1 ---1.1m---
Balance sheet: equity and liabilities
Total equity and liabilities10/49 129.1m125.6m140.9m133.5m124.3m119.5m108.2m
Equity10/15 92.5m94.0m99.0m101.3m103.3m107.1m105.8m
Contributions10/11 110.2m110.2m110.2m110.2m110.2m110.2m106.7m
Capital10 110.2m110.2m110.2m110.2m110.2m--
Issued capital100 110.2m110.2m110.2m110.2m110.2m110.2m106.7m
Profit (loss) carried forward14 -17.7m-16.2m-11.2m-8.9m-6.9m-3.1m-994,164
Amounts payable17/49 36.6m31.6m41.9m32.2m21.0m12.5m2.5m
Amounts payable after more than one year17 7.4m30.3m-----
Financial debts170/4 7.4m30.3m-----
Amounts payable within one year42/48 29.2m1.3m41.9m32.2m20.8m12.4m2.5m
Current portion of amounts payable after more than one year42 28.2m------
Financial debts43 -040.1m20.4m12.9m9.1m1.4m
Other loans439 -040.1m20.4m12.9m9.1m1.4m
Trade debts44 918,860852,8681.3m1.3m1.7m3.3m1.1m
Suppliers440/4 918,860852,8681.3m1.3m1.7m3.3m1.1m
Taxes, remuneration and social security45 67,960452,992452,99210.5m6.3m--
Taxes450/3 67,960452,992452,99210.5m6.3m--
Other amounts payable47/48 -----450450
Accrued charges and deferred income492/3 3,4955,630--200,00036,54020,752
Income statement
Operating income70/76A --1.9m11.0m3.7m568,92494,125
Turnover70 --511,133-731,679528,92366,110
Other operating income74 --1.4m10.5m3.0m--
Non-recurring operating income76A ---485,231---
Gross operating margin9900 1.0m-379,714-----
Operating charges60/66A --3.3m12.5m7.3m2.6m1.1m
Goods for resale, raw materials and consumables60 --0----
Purchases600/8 --1.4m11.9m---
Change in stocks: decrease (increase)609 ---1.4m-11.9m---
Services and other goods61 --923,434584,3572.0m1.3m400,068
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 234,186------
Other operating charges640/8 1.4m919,0552.4m11.9m5.4m1.4m684,750
Operating profit (loss)9901 -580,861-1.3m-1.4m-1.5m-3.6m-2.1m-990,694
Financial income75/76B 206,762295,940631,9523,8582--
Recurring financial income75 206,762295,940631,9523,8582--
Income from financial fixed assets750 --631,9523,858---
Other financial income752/9 ----2--
Financial charges65/66B 1.2m4.0m1.5m536,345178,17680,7473,471
Recurring financial charges65 1.2m2.1m1.5m536,345178,17680,7473,471
Debt charges650 --1.2m348,434170,83479,6803,150
Other financial charges652/9 --305,245187,9107,3431,066321
Non-recurring financial charges66B -1.8m-----
Profit (loss) for the period before taxes9903 -1.6m-5.0m-2.3m-2.0m-3.8m-2.1m-994,164
Profit (loss) for the period9904 -1.6m-5.0m-2.3m-2.0m-3.8m-2.1m-994,164
Profit (loss) for the period to be appropriated9905 -1.6m-5.0m-2.3m-2.0m-3.8m-2.1m-994,164
Appropriation of the result
Profit (loss) to be appropriated9906 -17.7m-16.2m-11.2m-8.9m-6.9m-3.1m-994,164
Profit (loss) brought forward from the previous period14P -16.2m-11.2m-8.9m-6.9m-3.1m--
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 01-06-2026 2026-00135465 PDF
31-12-2024 full format 27-05-2025 2025-00109481 PDF
31-12-2023 full format 15-05-2024 2024-00089260 PDF
31-12-2022 full format 12-05-2023 2023-00088324 PDF
31-12-2021 full format 16-05-2022 2022-20028080 PDF
31-12-2020 full format 26-05-2021 2021-15300086 PDF
31-12-2019 full format 22-05-2020 2020-13000268 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
Investment in fixed assets 1.6m5.5m-113.0m3.7m8.0m106.9m
Change in cash 261,382-388,701-2.4m-340,279-791,8193.2m-
Working capital -9.8m16.2m-25.4m-13.8m-15.2m-7.8m-1.1m
Solvency 71.6%74.9%70.3%75.9%83.1%89.6%97.7%
Current ratio 0.6613.370.390.570.270.370.54
Quick ratio 0.121.730.070.200.270.370.54
Debt to equity 0.400.340.420.320.200.120.02
ROE -1.7%-5.3%-2.3%-2.0%-3.7%-2.0%-0.9%
ROA -1.2%-3.9%-1.6%-1.5%-3.1%-1.8%-0.9%
Customer credit --1522 days-1027 days58 days709 days
Supplier credit --526 days818 days315 days963 days1022 days

EBIT margin. Not meaningful: turnover is only a small part of operating income.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€28.2m€23.1m---
Mortgages, amount registered€27,500€27,500---
Mortgage mandates€15.9m€15.2m---
Carrying value of the mortgaged assets€15.9m€15.2m---
Pledge on other assets, amount secured€113.1m€110.4m---
Carrying value of the other pledged assets€113.1m€110.4m---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€7.9m€3.7m
Financial fixed assets€1.6m€5.5m-€105.1m€1

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL.

Item20252024202320222021
Fee for the audit--€3,650€3,650€3,500

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on CCN DEVELOPMENT

The operating result for 2025 is a loss of €580,861, smaller than the loss of €1.3m in 2024.

Debt's share of the balance-sheet total rises from 25.1% to 28.4%. Equity is lower and debt is higher.

Board & ownership

Board

4 directors, 1 auditor, last change in September 2026
Alexander HODAC
Class B director
since 02-05-2025 term until 02-05-2031
listed in the 2025 annual accounts, filed on 01-06-2026
MARC VAN BEGIN BV
Class C director, permanent representative Marc VAN BEGIN
current term since 02-05-2025 term until 02-05-2031
also on the board of 42 other companies
listed in the 2025 annual accounts, filed on 01-06-2026
Suzy Hélène DENYS
Class B director
since 01-07-2025 term until 02-05-2031
listed in the 2025 annual accounts, filed on 01-06-2026
ADEL YAHIA CONSULT BVBA
Class C director, permanent representative Adel Yahia
appointed by deed of 20-10-2026
also on the board of 15 other companies
PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL
Statutory auditor, permanent representative Kurt Cappoen
current term since 02-05-2025 term until 04-05-2028
listed in the 2025 annual accounts, filed on 01-06-2026
Permanent representatives 2
Marc VAN BEGIN
Permanent representative, for MARC VAN BEGIN BV
appointed by deed of 12-06-2024
Adel Yahia
Permanent representative, for ADEL YAHIA CONSULT BVBA
appointed by deed of 20-10-2026

Office holders in the KBO →

Mandates through the years

13 names, the dashed line is today
Show
MARC VAN BEGIN BV
Class C director
Alexander HODAC
Class B director
Suzy Hélène DENYS
Class B director
ADEL YAHIA CONSULT BVBA
Class C director
PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL
Statutory auditor
AMAURY DE CROMBRUGGHE BV
Class C director
Laurent COLLIER
Class B director
Stéphan Sonneville
Class B director
Xavier Denis
Class C director
Philippe Monserez
Class C director
Jérôme Delaunay
Class A director
Philippe de Martel
Class A director
Gaëtan Vandeloise
Class A director
BoardStatutory auditorEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • MARC VAN BEGIN BV
    • Class C director, from 02-05-2024 to date
  • Alexander HODAC
    • Class B director, from 02-05-2025 to date
  • Suzy Hélène DENYS
    • Class B director, from 01-07-2025 to date
  • ADEL YAHIA CONSULT BVBA
    • Class C director, appointed by deed of 20-10-2026, still in office
  • PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL
    • Statutory auditor, from 28-05-2019 to date
  • AMAURY DE CROMBRUGGHE BV
    • Class C director, until 22-11-2021
    • Class C director, appointed by deed of 22-10-2024, until 21-09-2026
  • Laurent COLLIER
    • Class B director, from 29-10-2019 to 16-07-2025
  • Stéphan Sonneville
    • Class B director, from 29-10-2019 to 21-05-2025
  • Xavier Denis
    • Class C director, from 29-10-2019 to 22-10-2024
  • Philippe Monserez
    • Class C director, from 22-11-2021 to 01-06-2024
  • Jérôme Delaunay
    • Class A director, until 11-10-2021
  • Philippe de Martel
    • Class A director, appointed by deed of 05-07-2021, until 11-10-2021
  • Gaëtan Vandeloise
    • Class A director, until 31-03-2021

See the board, name and registered office on a given date →

Control

Consolidating parent
AG INSURANCE
consolidates
This company
CCN DEVELOPMENT
Equity €92.5m
Loss €1.6m in 2025

Further up the chainAGEAS consolidates

and 4 other shareholders

Capital

Capital
€110,226,515
Shares
110,226,515 in the 2023 annual accounts
Contribution per share
€1
Equity per share
€0.84 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
ATENOR
3.54%4.85%23.33%40%
40%
ATENOR GROUP PARTICIPATIONS
0.39%0.54%10%
10%
AG INSURANCE
3.94%consolidates
consolidates until 2024
ageas SA/NV
consolidates
consolidates until 2024
AXA BELGIUM
92.13%
consolidates until 2020
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Shareholders

6 owners

Owners 6

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyCCN DEVELOPMENT4 holdings, 1 country 2025 accounts

Belgium 4 Equity Result

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Parent

AG INSURANCE
0404.494.849

At the same address

Kunstlaan 58, 1000 Brussels · 100 other companies
AG FINANCE
registered office since 26-07-2000 · founded in 1999 · group ageas SA/NV
 total assets €2.07bn (2025)
0466.967.995
AG REAL ESTATE
registered office since 01-12-1934 · founded in 1934 · group ageas SA/NV
 turnover €33.7m (2025)
0403.231.968
DBFM Scholen van Morgen
registered office since 20-07-2010 · founded in 2010
 turnover €32.8m (2025)
0826.531.555
AG REAL ESTATE CAR PARK
registered office since 21-06-2024 · founded in 2024 · group ageas SA/NV
 total assets €1.20bn (2025)
1010.617.858
AG REAL ESTATE LAND
registered office since 12-05-1977 · founded in 1977 · group ageas SA/NV
 total assets €275.2m (2025)
0417.389.515
SHOPIMMO
registered office since 19-12-1995 · founded in 1995
 turnover €21.5m (2025)
0456.501.202
FScholen
registered office since 19-07-2010 · founded in 2010
 total assets €135.3m (2025)
0825.836.125
AG RE OFFICE INVEST I
registered office since 05-06-2020 · founded in 2020 · group ageas SA/NV
 total assets €108.0m (2025)
0747.926.418
CENTRE 58
registered office since 15-06-2009 · founded in 2009
 total assets €107.8m (2025)
0812.274.337
CCN Office C-D
registered office since 06-09-2022 · founded in 2022
 total assets €99.9m (2025)
0790.510.507
and 90 more

Earlier ties

TOWER BEL
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 21-06-2022
founded in 2004 · negative equity (2025)
 total assets €45.4m (2025)
NRW DÉVELOPPEMENT SA
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 30-05-2024
founded in 2020 · negative equity (2025) · group ATENOR
 total assets €22.3m (2025)
ATLANTIC CERTIFICATES
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 20-07-2009
founded in 2009 · negative equity (2026)
 turnover €2.5m (2026)
SAMAYA DEVELOPMENT
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class B director · deed of 22-10-2024
founded in 2020 · negative equity (2025)
 total assets €8.6m (2025)
Wehrhahn Estate
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 23-05-2024
founded in 2018 · negative equity (2025) · group ATENOR
 turnover €61,500 (2025)
SEAFRONT DEVELOPMENT
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 02-12-2025
founded in 2022 · negative equity (2025) · group ageas SA/NV
 total assets €2.0m (2025)
Show 48 more earlier ties
ATENOR GROUP INVESTMENTS
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 07-04-2023
founded in 2013 · negative equity (2025) · group ATENOR
 total assets €989,908 (2025)
Atenor Long Term Growth
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 12-06-2024
founded in 2018 · negative equity (2025) · group ATENOR
 total assets €904,279 (2025)
Urbanove Shopping Development
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 01-10-2010
founded in 2010 · negative equity (2025)
 total assets €111,419 (2025)
AG REAL ESTATE
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Member of the executive committee · deed of 29-09-2023
founded in 1934 · group ageas SA/NV
 turnover €33.7m (2025)
SHOPIMMO
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 22-10-2024
founded in 1995
 turnover €21.5m (2025)
AG HEYLEN WAREHOUSES
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 17-07-2024
founded in 2015
 turnover €8.4m (2025)
LEASELEX
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 06-12-2016
founded in 2010 · group ATENOR
 total assets €166.9m (2025)
CENTRE 58
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 19-08-2026
founded in 2009
 total assets €107.8m (2025)
BANIMMO
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Member of the executive committee · deed of 29-12-2010
founded in 2007 · group PATRONALE LIFE
 turnover €3.2m (2025)
Citymo
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 10-06-2022
founded in 1976
 turnover €14.0m (2025)
IMMOBILIERE DE LA LAINE
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 15-09-2017
founded in 2010
 total assets €65.4m (2025)
ACTITO
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 25-10-2013
founded in 2000
 56 FTE (2025)
Immobilière de la Petite Ile
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 13-12-2021
founded in 1941 · group ATENOR
 turnover €58.7m (2025)
TOLEDA INVEST
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 29-06-2020
founded in 1976
 total assets €57.2m (2025)
REGATTA-L.O.
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 01-12-2025
founded in 2009 · group ageas SA/NV
 turnover €43.8m (2025)
AXS NAMUR 3
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 07-02-2024
founded in 2018
 total assets €44.3m (2025)
AXS NAMUR 2
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 16-02-2024
founded in 2018
 total assets €42.4m (2025)
GALERIES SAINT-LAMBERT
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 25-06-2021
founded in 1987
 total assets €40.9m (2025)
PARC DE L'ALLIANCE
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 31-03-2022
founded in 1998
 total assets €38.5m (2025)
HEXATEN
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 19-04-2022
founded in 1998 · group ATENOR
 turnover €1.8m (2025)
ATAVUS ZUID
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 05-06-2024
founded in 2022
 total assets €23.0m (2025)
BERCHEM X PARKING
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 20-08-2020
founded in 2014
 total assets €22.9m (2025)
GENT ZUID
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 26-06-2023
founded in 2011
 total assets €20.5m (2025)
HIGHLINE BRUSSELS SA
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Class A director · deed of 07-06-2022
founded in 2022 · group ATENOR
 total assets €19.1m (2025)
Nobel
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 22-05-2019
founded in 1973
 total assets €18.4m (2025)
NINIA
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 29-04-2022
founded in 2004
 total assets €17.4m (2025)
THE ONE ESTATE
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Class A director · deed of 18-06-2024
founded in 2016 · group ATENOR
 total assets €10.7m (2025)
KIEVITPLEIN PARKING
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 17-05-2019
founded in 2005
 turnover €2.1m (2025)
RDV-INVEST
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 14-07-2015
founded in 1985
 total assets €8.9m (2023)
JEAN CRAB ET SES FILS
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 11-03-2025
founded in 1979 · group ENTERHOLD S.A.
 19 FTE (2025)
AG Real Estate Property Management
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 04-06-2021
founded in 1993 · group ageas SA/NV
 53 FTE (2025)
AEP SOLAR 21
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 03-03-2021
founded in 2020
 total assets €5.1m (2025)
STRAT UP
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director (not named in the articles) · deed of 24-08-2023
founded in 2000
 total assets €5.0m (2025)
OPTILAND ANTWERP
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 07-07-2022
founded in 2010
 total assets €4.6m (2025)
ATENOR TOOLS COMPANY
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Director · deed of 17-04-2023
founded in 1955 · group ATENOR
 total assets €4.0m (2025)
REST ISLAND
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Class A director · deed of 18-06-2024
founded in 2015 · group ATENOR
 turnover €66,000 (2025)
Ragheno Development
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class B director · deed of 19-12-2025
founded in 2022
 total assets €3.2m (2025)
CONSTRUCTEUR DES BERGES
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Class A director · deed of 05-05-2026
founded in 2020 · group ATENOR
 total assets €3.0m (2025)
JULIE BRICHANT UNIT 3
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 14-06-2019
founded in 2005
 total assets €2.8m (2025)
COMULEX
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 04-04-2008
founded in 1993 · group PATRONALE LIFE
 total assets €2.8m (2025)
MONS PROPERTIES
via Laurent COLLIER, at CCN DEVELOPMENT until 2025 · Class A director · deed of 23-05-2024
founded in 2008 · group ATENOR
 total assets €1.9m (2025)
OPTILAND HASSELT
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 07-07-2022
founded in 2010
 total assets €1.7m (2025)
OPTILAND HERENTALS
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 15-07-2022
founded in 2010
 total assets €1.5m (2025)
Urban Project
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 22-10-2024
founded in 2018 · group ageas SA/NV
 total assets €1.0m (2025)
CAVELL PROJECTS
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Class A director · deed of 22-10-2024
founded in 2017
 total assets €564,738 (2025)
OPTILAND HOLD
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 22-10-2024
founded in 2010
 total assets €560,651 (2025)
Jacqmain 83 Office
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director (not named in the articles) · deed of 23-04-2026
 founded in 2026
L'INVESTISSEMENT FONCIER CORTENBERGH LE-CORREGE
via AMAURY DE CROMBRUGGHE, at CCN DEVELOPMENT until 2026 · Director · deed of 29-04-2022
No longer active
 total assets €24,951 (2022)

Holdings and subsidiaries

4 holdings

Holdings 4

Share, source and own figures per holding (4)

Source for every holding own accounts 2025

Holdings through the years 2022 to 2025
Holdings through the years
Name2022202320242025
CCN Housing B1 100%
CCN Housing B2 100%
CCN Office A1 100%
CCN Office C-D 100%

Source: list of holdings in its own accounts

Connections & network

Depth
+39 companies via a shared corporate director +39via a sharedcorporate directorACTITO, Shared director AACTITOATENOR GROUP INVESTMENTS, Shared director AGATENOR GROUPINVESTMENTSAtenor Long Term Growth, Shared director ALAtenor LongTerm GrowthATENOR TOOLS COMPANY, Shared director ATATENOR TOOLSCOMPANYCONSTRUCTEUR DES BERGES, Shared director CDCONSTRUCTEURDES BERGESHEXATEN, Shared director HHEXATENHIGHLINE BRUSSELS SA, Shared director HBHIGHLINEBRUSSELS SAImmobilière de la Petite Ile, Shared director IDImmobilière dela Petite IleLEASELEX, Shared director LLEASELEXMONS PROPERTIES, Shared director MPMONSPROPERTIESNRW DÉVELOPPEMENT SA, Shared director NDNRWDÉVELOPPEMENT SAREST ISLAND, Shared director RIREST ISLANDSTRAT UP, Shared director SUSTRAT UPCCN DEVELOPMENT CCNDEVELOPMENT0727.594.723
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.

Timeline

Timeline

21 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
New class C directorSRL Adel Yahia Consult appointed, SRL Amaury de Crombrugghe resigned · General meeting of 29-09-20266 points ▸
  • General meeting, 29-09-2026
  • Director resignation, SRL Amaury de Crombrugghe (class C director)
  • Director appointment, SRL Adel Yahia Consult (class C director)
  • Power of attorney, Julie Salteur
  • Power of attorney, Julie Buffin
  • Power of attorney, Françoise Lemye

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed PDFfull format · 60 days before the deadline
Powers of attorney: Julie Salteur, Julie Buffin and Françoise LemyePermanent representative: Damien Walgrave · General meeting of 07-05-20265 points ▸
  • General meeting, 07-05-2026
  • Permanent representative, Damien Walgrave
  • Power of attorney, Julie Salteur
  • Power of attorney, Julie Buffin
  • Power of attorney, Françoise Lemye
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2025
New class B directorSuzy Hélène DENYS appointed, Laurent COLLIER resigned · General meeting of 01-07-20256 points ▸
  • General meeting, 01-07-2025
  • Director resignation, Laurent COLLIER (class B director)
  • Director appointment, Suzy Hélène DENYS (class B director)
  • Power of attorney, Julie Salteur
  • Power of attorney, Julie Buffin
  • Power of attorney, Françoise Lemye

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 65 days before the deadline
1 director appointed, 1 resignation, 3 reappointments, 1 statutory auditor reappointedResignation: Stéphan Sonneville (class B director) · Appointment: Alexander HODAC (class B director) · Reappointments: Amaury de Crombrugghe SRL (class C director), Laurent COLLIER (class B director), Marc Van Begin SRL (class C director) and PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL (statutory auditor) · General meeting of 02-05-202510 points ▸
  • Board meeting, 21-03-2025
  • General meeting, 02-05-2025
  • Director resignation, Stéphan Sonneville (class B director)
  • Director appointment, Alexander HODAC (class B director)
  • Director reappointment, Amaury de Crombrugghe SRL (class C director)
  • Director reappointment, Laurent COLLIER (class B director)
  • Director reappointment, Marc Van Begin SRL (class C director)
  • Permanent representative, Amaury de CROMBRUGGHE
  • Permanent representative, Marc VAN BEGIN
  • Auditor reappointment, PricewaterhouseCoopers Reviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren SRL (statutory auditor)

Open the deed in the Belgian Official Gazette

2024
Weakest financial year net -€5.0m The net result drops to -€5.0m, the lowest from 2019 to 2025. It recovers the following year.
Liquidity more than 33 times current ratio 13.37 The current ratio rises from 0.39 to 13.37. Short-term debt falls from €41.9m to €1.3m.
New class C directorAmaury de Crombrugghe appointed, Xavier Denis resigned · Permanent representative: Amaury de Crombrugghe · General meeting of 29-08-20244 points ▸
  • General meeting, 29-08-2024
  • Director resignation, Xavier Denis (class C director)
  • Director appointment, Amaury de Crombrugghe (class C director)
  • Permanent representative, Amaury de Crombrugghe

Open the deed in the Belgian Official Gazette

New class C directorMarc Van Begin appointed, Philippe Monserez resigned · Permanent representatives: Marc Van Begin and Kurt Cappoen · General meeting of 02-05-20245 points ▸
  • General meeting, 02-05-2024
  • Director resignation, Philippe Monserez (class C director)
  • Director appointment, Marc Van Begin (class C director)
  • Permanent representative, Marc Van Begin
  • Permanent representative, Kurt Cappoen
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 77 days before the deadline
Amendment of the articles PDF
2023
Annual accounts 2022 filed PDFfull format · 80 days before the deadline
2022
Reappointment: SRL PwC Réviseurs d'entreprises (statutory auditor)Permanent representative: Didier Matriche · General meeting of 05-05-20223 points ▸
  • General meeting, 05-05-2022
  • Auditor reappointment, SRL PwC Réviseurs d'entreprises (statutory auditor)
  • Permanent representative, Didier Matriche

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 76 days before the deadline
2021
1 director appointed, 3 resignationsResignations: SRL Amaury de Crombrugghe (class C director), Jérôme Delaunay (class A director) and Philippe de Martel (class A director) · Permanent representative: Amaury de Crombrugghe · Appointment: Philippe Monserez (class C director) · General meeting of 22-11-20217 points ▸
  • Board meeting, 26-10-2021
  • General meeting, 22-11-2021
  • Director resignation, SRL Amaury de Crombrugghe (class C director)
  • Permanent representative, Amaury de Crombrugghe
  • Director appointment, Philippe Monserez (class C director)
  • Director resignation, Jérôme Delaunay (class A director)
  • Director resignation, Philippe de Martel (class A director)

Open the deed in the Belgian Official Gazette

New class A directorPhilippe de Martel appointed, Gaëtan Vandeloise resigned · General meeting of 06-05-20214 points ▸
  • Board meeting, 30-03-2021
  • General meeting, 06-05-2021
  • Director resignation, Gaëtan Vandeloise (class A director)
  • Director appointment, Philippe de Martel (class A director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 66 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 70 days before the deadline
2019
Incorporation PDFpublished on 31-05-2019
First establishment Kunstlaan 58, Brussels

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 28 May 2019, CCN DEVELOPMENT was incorporated as a public limited company.1 Turnover went from €66,110 in 2019 to €511,133 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2023

Company details

Identity

Enterprise number
0727.594.723
VAT number
BE 0727.594.723
Peppol ID
0208:0727594723
Other Peppol ID
9925:BE0727594723
Legal form
Public limited company
Status
Active, normal situation
Founded
28-05-2019
Financial year
ends on 31 December
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
CCN DEVELOPMENT in French
Entity type
Legal entity

Activities

NACEBEL 2025
68110 Buying and selling of own real estate main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
68203 Renting and operating of own or leased non-residential real estate, excluding land
68204 Real estate activities
Codes under NACEBEL 2008
68100 Real estate activities main activity
68201 Real estate activities
68203 Real estate rental
68204 Real estate activities

Registered office and establishments

1 establishment
Establishment Since Unit number
Kunstlaan 58 registered office 1000 Brussels 28-05-2019 2.289.934.626

Buildings and parcels at the address

Ground area
3,149 m²
Buildings
3,026 m²
Volume, LiDAR
70,303 m³
Tallest building
31.9 m
Buildings to scale, each on its own parcel
3,026 m², 31.9 m 3,026 m², 31.9 m

Location

registered office establishment The establishment unit on the map
101 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21805E0482/00C0003,149 m² 1 · 3,026 m² 31.9 m · 9

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