ACTIVE

ARGEA

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Financial year 2025 · Closed on 31/12/2025

Net result2,9 M €+63,5 %over 1 year

Revenue72,9 M €+14,3 %over 1 year

Equity10,7 M €+0,4 %over 1 year

Workforce348,7 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

ARGEA is a Public limited company incorporated in 1980. Its main activity is: Construction of utility projects for fluids. Its registered office is in Uccle. It employs on average 348,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.191.528
Incorporation: 25/01/1980
Legal form: Public limited company
Registered office: Avenue Georges Lecointe 50
1180 Uccle · BruxellesSee on map
Contributed capital: 5 838 077,04 €
Latest accounts: 31/12/2025
Average workforce: 348,7 ETP

Activities (NACE)

42211Construction of utility projects for fluids· main 42211Construction of utility projects for fluids 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45215Maintenance and repair of motor vehicles

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	72,9 M €	+14.3%	63,8 M €	-1.3%	64,6 M €	-1.6%	65,7 M €	-8.6%	71,8 M €
EBITDA	3,6 M €	+365%	771,2 k €	-41.4%	1,3 M €	-16.3%	1,6 M €	-24.8%	2,1 M €
Operating result	2,5 M €	+104%	1,3 M €	-3.4%	1,3 M €	-4.2%	1,4 M €	-2.5%	1,4 M €
Net result	2,9 M €	+63.5%	1,7 M €	+22.9%	1,4 M €	+13.6%	1,3 M €	-23.9%	1,6 M €
Balance sheet
Equity	10,7 M €	+0.4%	10,6 M €	+19.7%	8,9 M €	+19.1%	7,5 M €	+11.0%	6,7 M €
Total assets	34,9 M €	+6.3%	32,8 M €	+6.8%	30,7 M €	-9.3%	33,9 M €	+4.9%	32,3 M €
Cash	8,8 M €	+168%	3,3 M €	+20.4%	2,7 M €	-22.5%	3,5 M €	-20.8%	4,4 M €
Debts	20,4 M €	+11.3%	18,4 M €	+0.6%	18,3 M €	-17.6%	22,2 M €	+5.6%	21 M €
Other
Workforce	348,7 ETP	-5.5%	369,0 ETP	-5.6%	390,8 ETP	-2.3%	400,1 ETP	-6.4%	427,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Benjamin HEDDE	Chairman of the board of directors29/11/2024 → 30/05/2031
Frédéric BERNADET	Director29/11/2024 → 30/05/2030
Florian MARCHAND	Managing director01/12/2020 → 31/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe VOISIN	Director30/05/2023 → 2024 accounts
José RODRIGUES	Chairman of the board of directors31/05/2021 → 2021 accountsDirector31/05/2021 → 05/05/2022

Other companies at this address

Avenue Georges Lecointe 50 1180 Uccle

Company	CBE no.
A & C DESIGN● Bankrupt	0444.293.256
Alfirin Group● Active	1039.489.117
ALINOA● Active	0808.256.458
ALMAFA● Active	0419.295.366
Alteris Solutions● Active	1008.012.518
ANNABELLE● Active	0428.871.147
Appnovation Technologies Belgium● Active	0894.241.119
ARGEA-DENYS● Active	1041.077.739
ARKOTECH● Bankrupt	0725.467.651
ARZ SERVICES● Active	1021.221.146
Association belge des Experts-Associatie van Belgische experten● Active	0414.175.053
A-THREE CONSULT● Active	0643.666.561
ATLANTIS● Active	0437.657.961
ATOUT● Active	0785.773.541
ATRIUM● Active	0425.237.211
BARA ESTATE● Active	0645.990.207
BG SERVICES● Active	0436.556.715
BUREAU 61● Active	0798.930.404
CABINET DENTAIRE PLURIELS● Active	0555.925.509
CALVERT ENVIRONMENTAL SOLUTIONS● Active	1025.397.292

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	13/06/2025	25/06/2024	28/06/2023	15/06/2022	21/06/2021
General meeting	01/06/2026	02/06/2025	06/06/2024	30/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	08/06/2026	French	PDF
Full model	31/12/2024	02/06/2025	13/06/2025	French	PDF
Full model	31/12/2023	06/06/2024	25/06/2024	French	PDF
Full model	31/12/2022	30/05/2023	28/06/2023	French	PDF
Full model	31/12/2021	30/05/2022	15/06/2022	French	PDF
Full model	31/12/2020	31/05/2021	21/06/2021	French	PDF
Full model	31/12/2019	20/05/2020	10/06/2020	French	PDF
Full model	31/12/2018	29/05/2019	04/06/2019	French	PDF
Full model	31/12/2017	30/03/2018	11/04/2018	French	PDF
Full model	31/12/2016	30/05/2017	21/06/2017	French	PDF
Full model	31/12/2015	01/06/2016	24/06/2016	French	PDF
Full model	31/12/2014	01/06/2015	23/06/2015	French	PDF
Full model	31/12/2013	02/06/2014	24/06/2014	French	PDF
Full model	31/12/2012	27/05/2013	25/06/2013	French	PDF
Full model	31/12/2011	30/05/2012	21/06/2012	French	PDF
Full model	31/12/2010	30/05/2011	27/06/2011	French	PDF
Full model	31/12/2009	28/05/2010	29/06/2010	French	PDF
Full model	31/12/2008	29/05/2009	07/07/2009	French	PDF
Full model	31/12/2007	30/05/2008	30/06/2008	French	PDF
Full model	31/12/2006	31/05/2007	29/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Benjamin HEDDE	Chairman of the board of directors29/11/2024 → 30/05/2031
Frédéric BERNADET	Director29/11/2024 → 30/05/2030
Florian MARCHAND	Managing director01/12/2020 → 31/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe VOISIN	Director30/05/2023 → 2024 accounts
José RODRIGUES	Chairman of the board of directors31/05/2021 → 2021 accountsDirector31/05/2021 → 05/05/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office22/09/2023
SIEGE SOCIAL
PDF
Mandates12/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/12/2022
DENOMINATION
PDF
Mandates04/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates14/03/2022
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Benjamin HEDDE

Frédéric BERNADET

Florian MARCHAND

Philippe VOISIN

José RODRIGUES

Sylvain FRICARD

Anthony Huyghebaert

Architecture & Consulting

Serge HAUBRUGE

François FAIDER

Dominique BOUILLOT

Jean-Claude DOUVRY

Show the 4 other mandates

1980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ARGEA

Avenue Georges Lecointe 50, 1180 UccleQuai Fernand Demets 52, 1070 Anderlecht

Chairman of the board of directors

Director

Managing director

Chairman of the board of directorsDirector

Managing directorDirector

Chairman of the board of directors

Managing director

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Georges Lecointe 50, 1180 UccleCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00147670
Quai Fernand Demets 52, 1070 Anderlecht	accounts 2021 → 2022	Accounts 2022 · 2023-00176928

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ARGEACurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00147670
SODRAEP	accounts 2021	Accounts 2021 · 2022-20064195

Events

2025
Annual accounts 20252,9 M €↑
02/06/2025
nominationVanessa Cordonnier · représentant permanent (réviseur d'entreprises)
2024
Annual accounts 20241,7 M €↑
29/11/2024
nominationBenjamin Hedde · administrateur et président du conseil d'administration
29/11/2024
nominationFrederic Bernadet · administrateur
2023
Annual accounts 20231,4 M €↑
30/05/2023
reconductionPhilippe Voisin · administrateur
2022
Annual accounts 20221,3 M €↓
2022
Name changeARGEA
30/05/2022
reconductionKPMG Réviseurs d'Entreprises BV/SRL · commissaire
05/05/2022
nominationSylvain Fricard · président du conseil d'administration
2021
Annual accounts 20211,6 M €↑
2020
Annual accounts 2020-986,8 k €↓
2019
Annual accounts 201916,5 k €↑
2018
Annual accounts 2018-28,6 M €↓
2017
Annual accounts 2017-6,8 M €↓
2016
Annual accounts 2016-140,3 k €↑
2015
Annual accounts 2015-3,5 M €↓
2014
Annual accounts 2014-2,8 M €↓
2013
Annual accounts 20131,9 M €↑
2012
Annual accounts 20121,7 M €↓
2011
Annual accounts 20112,7 M €↑
2010
Annual accounts 20102 M €↓
2009
Annual accounts 20092,4 M €↓
2008
Annual accounts 20083 M €
25/01/1980
IncorporationPublic limited company

ARGEA

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events