ACTIVE

ARGON

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Financial year 2025 · Closed on 31/12/2025

Net result117,1 k €+4,0 %over 1 year

Gross margin727,5 k €-11,3 %over 1 year

Equity1,6 M €+8,0 %over 1 year

Workforce1,0 ETP-9,1 %over 1 year

Identity

Source · BCE/KBO

ARGON is a Private company with limited liability incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Aalst. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.507.196
Incorporation: 18/12/1989
Legal form: Private company with limited liability
Registered office: Kareelstraat 108
9300 Aalst · FlandreSee on map
Contributed capital: 313 603,02 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	727,5 k €	-11.3%	820,2 k €	+19.3%	687,6 k €	+23.8%	555,3 k €	-2.7%	570,4 k €
EBITDA	630,8 k €	-11.2%	710,1 k €	+28.7%	551,7 k €	+26.9%	434,6 k €	-9.5%	480 k €
Operating result	292,5 k €	-19.5%	363,5 k €	+30.6%	278,3 k €	+50.3%	185,2 k €	-3.4%	191,7 k €
Net result	117,1 k €	+4.0%	112,6 k €	+53.4%	73,4 k €	-30.7%	105,9 k €	-15.3%	125,1 k €
Balance sheet
Equity	1,6 M €	+8.0%	1,5 M €	+8.3%	1,4 M €	+5.7%	1,3 M €	+9.0%	1,2 M €
Total assets	5,5 M €	-6.0%	5,9 M €	-2.9%	6 M €	+34.2%	4,5 M €	+16.4%	3,9 M €
Cash	–		–		–		–		–
Debts	3,9 M €	-10.6%	4,4 M €	-6.1%	4,7 M €	+46.2%	3,2 M €	+20.1%	2,6 M €
Other
Workforce	1,0 ETP	-9.1%	1,1 ETP	-45.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PIERRE MACHARIS	Directorsince 30/08/2018Manager30/08/2018 → 2018 accountsended
FinCoPro0895.515.777Represented by ERIK PEETERS	Directorsince 18/04/2013Manager18/04/2013 → 2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
UNI-PAR0465.120.641Represented by PIERRE MACHARIS	Manager18/04/2013 → 2015 accounts
Alec Camu	Director2010 accounts
Fréderic Camu	Managing director2010 accounts

Other companies at this address

Kareelstraat 108 9300 Aalst

Company	CBE no.
Astral (Riyadhstraat)● Active	0635.858.556
Bendolla● Active	0754.963.173
Blue Box Partners● Active	0892.106.129
COREX HOLDING● Active	0725.684.615
Febex Invest● Active	0507.672.759
HOUSE OF PAPER● Active	1017.506.145
ORZIVAL● Active	1017.505.848
Pine Creek● Active	0784.880.646
SEQUOIA INDUSTRIES● Active	1017.506.046
SUNPACK● Active	0818.053.854
VPK FINANCE● Active	0752.756.721
Waaienbos● Active	0741.889.454
Windy Wood● Active	0726.362.823

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/06/2026	10/06/2025	13/06/2024	12/06/2023	14/06/2022	09/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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
Abridged model	31/12/2025	05/06/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	10/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	13/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	12/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	14/03/2019	22/05/2019	Dutch	PDF
Abridged model	31/12/2017	08/03/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/03/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	10/03/2016	23/05/2016	Dutch	PDF
Full model	31/12/2014	12/03/2015	10/06/2015	Dutch	PDF
Full model	31/12/2013	13/03/2014	15/04/2014	Dutch	PDF
Abridged model	31/12/2012	14/03/2013	27/03/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	04/05/2012	Dutch	PDF
Abridged model	31/12/2010	03/05/2011	06/05/2011	Dutch	PDF
Abridged model	31/12/2009	04/05/2010	26/05/2010	Dutch	PDF
Abridged model	31/12/2008	05/05/2009	06/05/2009	Dutch	PDF
Abridged model	31/12/2007	06/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	04/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PIERRE MACHARIS	Directorsince 30/08/2018Manager30/08/2018 → 2018 accountsended
FinCoPro0895.515.777Represented by ERIK PEETERS	Directorsince 18/04/2013Manager18/04/2013 → 2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
UNI-PAR0465.120.641Represented by PIERRE MACHARIS	Manager18/04/2013 → 2015 accounts
Alec Camu	Director2010 accounts
Fréderic Camu	Managing director2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/07/2026
Herbenoeming commissaris
PDF
Capital / shares16/12/2025
KAPITAAL - AANDELEN
PDF
Mandates16/10/2023
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/11/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/09/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

Filings19 filings

Mandates

PIERRE MACHARIS

FinCoPro

UNI-PAR

Alec Camu

Fréderic Camu

Sarah Camu

Joëlle Camu

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ARGON

Kareelstraat 108, 9300 Aalst

Director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kareelstraat 108, 9300 AalstCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00151800

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ARGONCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00151800

Events

2025
Annual accounts 2025117,1 k €↑
2024
Annual accounts 2024112,6 k €↑
2023
Annual accounts 202373,4 k €↓
2022
Annual accounts 2022105,9 k €↓
2021
Annual accounts 2021125,1 k €↑
2020
Annual accounts 2020106,5 k €↑
2018
Annual accounts 2018-89,3 k €↓
2017
Annual accounts 2017-46,8 k €↑
2016
Annual accounts 2016-126,8 k €↑
2015
Annual accounts 2015-149,3 k €↓
2014
Annual accounts 201417,1 k €↓
2013
Annual accounts 2013216,2 k €↑
2012
Annual accounts 2012187 k €↑
2011
Annual accounts 2011-14,8 k €↑
2010
Annual accounts 2010-107,3 k €↓
2009
Annual accounts 200998,8 k €↑
2008
Annual accounts 2008-19,8 k €↓
2007
Annual accounts 2007-16,4 k €↑
2006
Annual accounts 2006-19,7 k €
18/12/1989
IncorporationPrivate company with limited liability

ARGON

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