ACTIVE

ARGON

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Financial year 2025 · closed on 31/12/2025
Net result
117,1 k €
+4.0% YoY
Gross margin
727,5 k €
-11.3% YoY
Equity
1,6 M €
+8.0% YoY
Workforce
1,0 ETP
-9.1% YoY

What does ARGON do?

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· main68201Rental and operating of own or leased real estate
Joint committees (1)
  • 323
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Gross margin727,5 k €820,2 k €687,6 k €555,3 k €570,4 k €562,4 k €514,8 k €527,9 k €494 k €–––263,6 k €3,6 k €-12 k €164 k €11 k €22,4 k €8,9 k €
EBITDA630,8 k €710,1 k €551,7 k €434,6 k €480 k €480,2 k €390,5 k €440,6 k €410,9 k €429,9 k €213,2 k €-3,2 k €258,8 k €-319 €-16,3 k €159,4 k €6,4 k €17,3 k €3,9 k €
Operating result292,5 k €363,5 k €278,3 k €185,2 k €191,7 k €174,8 k €52,4 k €87 k €1,8 k €-17,7 k €2,7 k €-3,7 k €190,6 k €-11,5 k €-27,8 k €109,5 k €-7,9 k €3 k €-10,4 k €
Net result117,1 k €112,6 k €73,4 k €105,9 k €125,1 k €106,5 k €-89,3 k €-46,8 k €-126,8 k €-149,3 k €17,1 k €216,2 k €187 k €-14,8 k €-107,3 k €98,8 k €-19,8 k €-16,4 k €-19,7 k €
Balance sheet
Equity1,6 M €1,5 M €1,4 M €1,3 M €1,2 M €1 M €103,7 k €193 k €219 k €345,8 k €495,1 k €478 k €481,8 k €294,8 k €309,6 k €416,9 k €318,2 k €338 k €340,9 k €
Total assets5,5 M €5,9 M €6 M €4,5 M €3,9 M €4 M €4,5 M €4,7 M €5 M €5,4 M €5,1 M €1,6 M €527,8 k €370,7 k €384,9 k €492,8 k €559,9 k €568,8 k €551 k €
Cash–––––––––22,4 €––50,8 k €6 k €10,6 k €20 k €2 k €23,3 k €9,6 k €
Debts3,9 M €4,4 M €4,7 M €3,2 M €2,6 M €2,9 M €4,3 M €4,5 M €4,6 M €4,9 M €4,5 M €999,9 k €45,9 k €75,2 k €73,6 k €69,9 k €236 k €225,4 k €200,8 k €
Other
Workforce1,0 ETP1,1 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

PIERRE MACHARIS

Director · since 30 août 2018

Active
FinCoPro

Director · since 18 avril 2013 · 0895.515.777

Represented by ERIK PEETERS

Active

Ended mandates

PIERRE MACHARIS

Manager · since 30 août 2018

Ended
FinCoPro

Manager · since 18 avril 2013 · 0895.515.777

Represented by ERIK PEETERS

Ended
FinCoPro

Manager · since 18 avril 2013 · 0895.515.777

Represented by ERIK PEETERS

Ended
UNI-PAR

Manager · since 18 avril 2013 · 0465.120.641

Represented by PIERRE MACHARIS

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202610/06/202513/06/202412/06/202314/06/202209/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202609/06/2026DutchPDF
Abridged model31/12/202406/06/202510/06/2025DutchPDF
Abridged model31/12/202307/06/202413/06/2024DutchPDF
Abridged model31/12/202202/06/202312/06/2023DutchPDF
Abridged model31/12/202103/06/202214/06/2022DutchPDF
Abridged model31/12/202004/06/202109/07/2021DutchPDF
Abridged model31/12/201926/06/202024/07/2020DutchPDF
Abridged model31/12/201814/03/201922/05/2019DutchPDF
Abridged model31/12/201708/03/201825/06/2018DutchPDF
Abridged model31/12/201609/03/201703/07/2017DutchPDF
Full model31/12/201510/03/201623/05/2016DutchPDF
Full model31/12/201412/03/201510/06/2015DutchPDF
Full model31/12/201313/03/201415/04/2014DutchPDF
Abridged model31/12/201214/03/201327/03/2013DutchPDF
Abridged model31/12/201102/05/201204/05/2012DutchPDF
Abridged model31/12/201003/05/201106/05/2011DutchPDF
Abridged model31/12/200904/05/201026/05/2010DutchPDF
Abridged model31/12/200805/05/200906/05/2009DutchPDF
Abridged model31/12/200706/05/200804/06/2008DutchPDF
Abridged model31/12/200602/05/200704/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

PIERRE MACHARIS

Director · since 30 août 2018

Active
FinCoPro

Director · since 18 avril 2013 · 0895.515.777

Represented by ERIK PEETERS

Active

Ended mandates

PIERRE MACHARIS

Manager · since 30 août 2018

Ended
FinCoPro

Manager · since 18 avril 2013 · 0895.515.777

Represented by ERIK PEETERS

Ended
FinCoPro

Manager · since 18 avril 2013 · 0895.515.777

Represented by ERIK PEETERS

Ended
UNI-PAR

Manager · since 18 avril 2013 · 0465.120.641

Represented by PIERRE MACHARIS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/07/2026
    ONTSLAGEN - BENOEMINGEN
    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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025117,1 k €↑
  2. 2024
    Annual accounts 2024112,6 k €↑
  3. 2023
    Annual accounts 202373,4 k €↓
  4. 2022
    Annual accounts 2022105,9 k €↓
  5. 2021
    Annual accounts 2021125,1 k €↑
  6. 2020
    Annual accounts 2020106,5 k €↑
  7. 2018
    Annual accounts 2018-89,3 k €↓
  8. 2017
    Annual accounts 2017-46,8 k €↑
  9. 2016
    Annual accounts 2016-126,8 k €↑
  10. 2015
    Annual accounts 2015-149,3 k €↓
  11. 2014
    Annual accounts 201417,1 k €↓
  12. 2013
    Annual accounts 2013216,2 k €↑
  13. 2012
    Annual accounts 2012187 k €↑
  14. 2011
    Annual accounts 2011-14,8 k €↑
  15. 2010
    Annual accounts 2010-107,3 k €↓
  16. 2009
    Annual accounts 200998,8 k €↑
  17. 2008
    Annual accounts 2008-19,8 k €↓
  18. 2007
    Annual accounts 2007-16,4 k €↑
  19. 2006
    Annual accounts 2006-19,7 k €
  20. 18/12/1989
    IncorporationPrivate company with limited liability