ACTIVE

ARGO RECLAME

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Financial year 2025 · Closed on 31/12/2025

Net result152,8 k €+33,1 %over 1 year
Gross margin653,5 k €+24,6 %over 1 year
Equity535,2 k €+39,9 %over 1 year
Workforce6,0 ETP+11,1 %over 1 year

Identity

Source · BCE/KBO

ARGO RECLAME is a Private limited company incorporated in 1997. Its main activity is: Advertising agencies. Its registered office is in Lokeren. It employs on average 6,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.913.028
Incorporation
13/02/1997
Legal form
Private limited company
Registered office
Moortelstraat 25
9160 Lokeren · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Average workforce
6,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin653,5 k €524,7 k €449,4 k €229,8 k €159,1 k €
EBITDA298,9 k €235,9 k €195,5 k €85,2 k €51,9 k €
Operating result220,1 k €172,6 k €153,9 k €65,2 k €40,3 k €
Net result152,8 k €114,8 k €103 k €39,9 k €28,5 k €
Balance sheet
Equity535,2 k €382,5 k €267,7 k €186,9 k €147 k €
Total assets907,9 k €814 k €626,6 k €501,4 k €190,6 k €
Cash325,7 k €193,8 k €121,2 k €63 k €79,6 k €
Debts370,5 k €431,5 k €358,7 k €312,9 k €43,6 k €
Other
Workforce6,0 ETP5,4 ETP4,8 ETP3,1 ETP3,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

RECLAMECONSULT

Director · since 01 janvier 2024 · 0731.773.938

Represented by Wieland De Heer VAN DEN BROECK

Active
Ayah BITAR

Director · since 05 septembre 2022

Active
MAO INVEST

Director · since 22 décembre 2020 · 0760.456.046

Represented by Mahmoud Sami De Heer ALLAF

Active

Ended mandates

Ayah Mevrouw BITAR

Director · since 05 septembre 2022

Ended
ALLAF

Director · since 24 avril 2020 · 0567.965.781

Represented by Mohamed De Heer ALLAF

Ended
Mahmoud Sami ALLAF

Director · since 24 avril 2020

Ended
ALLAF

Manager · since 04 avril 2018 · 0567.965.781

Represented by Mohamed De Heer ALLAF

Ended

Full financial information

Source · NBB
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 date18/05/202623/05/202524/05/202430/05/202309/06/202210/06/2021
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202214/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/05/202618/05/2026DutchPDF
Abridged model31/12/202409/05/202523/05/2025DutchPDF
Abridged model31/12/202310/05/202424/05/2024DutchPDF
Abridged model31/12/202212/05/202330/05/2023DutchPDF
Abridged model31/12/202113/05/202209/06/2022DutchPDF
Abridged model31/12/202014/05/202110/06/2021DutchPDF
Abridged model31/12/201908/05/202008/06/2020DutchPDF
Abridged model31/12/201810/05/201907/06/2019DutchPDF
Micro model31/12/201711/05/201807/06/2018DutchPDF
Micro model31/12/201612/05/201709/06/2017DutchPDF
Abridged model31/12/201513/05/201610/06/2016DutchPDF
Abridged model31/12/201408/05/201505/06/2015DutchPDF
Abridged model31/12/201309/05/201405/06/2014DutchPDF
Abridged model31/12/201210/05/201307/06/2013DutchPDF
Abridged model31/12/201111/05/201208/06/2012DutchPDF
Abridged model31/12/201013/05/201130/05/2011DutchPDF
Abridged model31/12/200914/05/201025/05/2010DutchPDF
Abridged model31/12/200808/05/200904/06/2009DutchPDF
Abridged model31/12/200709/05/200830/05/2008DutchPDF
Abridged model31/12/200611/05/200704/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 8 ended

Active mandates

RECLAMECONSULT

Director · since 01 janvier 2024 · 0731.773.938

Represented by Wieland De Heer VAN DEN BROECK

Active
Ayah BITAR

Director · since 05 septembre 2022

Active
MAO INVEST

Director · since 22 décembre 2020 · 0760.456.046

Represented by Mahmoud Sami De Heer ALLAF

Active

Ended mandates

Ayah Mevrouw BITAR

Director · since 05 septembre 2022

Ended
ALLAF

Director · since 24 avril 2020 · 0567.965.781

Represented by Mohamed De Heer ALLAF

Ended
Mahmoud Sami ALLAF

Director · since 24 avril 2020

Ended
ALLAF

Manager · since 04 avril 2018 · 0567.965.781

Represented by Mohamed De Heer ALLAF

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/01/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025152,8 k €↑
  2. 2024
    Annual accounts 2024114,8 k €↑
  3. 2023
    Annual accounts 2023103 k €↑
  4. 2022
    Annual accounts 202239,9 k €↑
  5. 2022
    Name changeArgo Reclame
  6. 2021
    Annual accounts 202128,5 k €↑
  7. 2021
    Name changePUBLICITEIT STUDIO ROBERT
  8. 2020
    Annual accounts 202027,4 k €↑
  9. 2019
    Annual accounts 2019-8,9 k €↑
  10. 2018
    Annual accounts 2018-15,5 k €↓
  11. 2017
    Annual accounts 201712,9 k €↓
  12. 2016
    Annual accounts 201622,5 k €↓
  13. 2015
    Annual accounts 201527,7 k €↑
  14. 2014
    Annual accounts 2014-19,5 k €↑
  15. 2013
    Annual accounts 2013-35,6 k €↓
  16. 2012
    Annual accounts 2012-13,2 k €↓
  17. 2011
    Annual accounts 20112,3 k €↑
  18. 2010
    Annual accounts 20101,3 k €↑
  19. 2009
    Annual accounts 2009-8,2 k €↓
  20. 2008
    Annual accounts 200840,1 k €↑
  21. 2007
    Annual accounts 2007696 €↓
  22. 2006
    Annual accounts 200610,6 k €
  23. 13/02/1997
    IncorporationPrivate limited company