ARGEX
0461.525.208 · rovalta.com · 24/09/2026
ACTIVE
ARGEX
Financial year 2025 · closed on 30/09/2025
Net result
1,3 M €
+152.2% YoY
Revenue
17 M €
-7.9% YoY
Equity
2,2 M €
+135.6% YoY
Workforce
58,5 ETP
-19.8% YoY
Overview
What does ARGEX do?
ARGEX is a Public limited company incorporated in 1997. Its main activity is: Operation of gravel and sand pits; mining of clays and kaolin. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 58,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0461.525.208
Incorporation
25/09/1997
Legal form
Public limited company
Registered office
Krijgsbaan 372
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
7 100 000,00 €
Latest accounts
30/09/2025
Average workforce
58,5 ETP
Activities (NACE)
Joint committees (4)
- 100
- 10000
- 20000
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2015 | 2011 | 2010 | 2009 | 2008 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||
| Revenue | 17 M € | -7.9% | 18,4 M € | +0.2% | 18,4 M € | +4.1% | 17,6 M € | +18.2% | 14,9 M € | +15.0% | 13 M € | -6.5% | 13,9 M € | +7.9% | 12,9 M € | -1.1% | 13 M € | +18.4% | 11 M € | -7.2% | 11,8 M € | -53.9% | 25,7 M € |
| EBITDA | 2,7 M € | +517% | -645,6 k € | -26.1% | -512 k € | -136% | 1,4 M € | -13.4% | 1,6 M € | +160% | 624,4 k € | -56.7% | 1,4 M € | +278% | 382 k € | -79.2% | 1,8 M € | -31.4% | 2,7 M € | -18.5% | 3,3 M € | -37.8% | 5,3 M € |
| Operating result | 1,4 M € | +169% | -2,1 M € | -23.7% | -1,7 M € | -1740% | 103,7 k € | -82.6% | 597,1 k € | +1077% | -61,1 k € | -116% | 382,7 k € | +183% | -459 k € | -138% | 1,2 M € | -17.7% | 1,5 M € | -34.7% | 2,2 M € | -41.0% | 3,8 M € |
| Net result | 1,3 M € | +152% | -2,5 M € | -24.6% | -2 M € | -327934% | 604,5 € | -99.8% | 391,3 k € | +178% | -500,5 k € | -558% | -76 k € | +94.0% | -1,3 M € | -768% | -144,9 k € | -107% | 2,1 M € | +151% | 845,9 k € | -48.8% | 1,7 M € |
| Balance sheet | |||||||||||||||||||||||
| Equity | 2,2 M € | +136% | 950,6 k € | -50.5% | 1,9 M € | -50.8% | 3,9 M € | -0.9% | 3,9 M € | -6.1% | 4,2 M € | -11.6% | 4,7 M € | +9.8% | 4,3 M € | -21.3% | 5,5 M € | -82.2% | 30,8 M € | +910% | 3 M € | +38.4% | 2,2 M € |
| Total assets | 18,3 M € | +0.4% | 18,2 M € | -9.4% | 20,1 M € | -13.2% | 23,1 M € | +4.9% | 22,1 M € | +5.5% | 20,9 M € | +7.0% | 19,6 M € | +11.8% | 17,5 M € | +18.1% | 14,8 M € | -68.6% | 47,1 M € | +114% | 22,1 M € | -2.4% | 22,6 M € |
| Cash | 357 k € | +11.5% | 320 k € | -22.3% | 411,6 k € | -47.3% | 780,6 k € | -65.4% | 2,3 M € | +213% | 721,4 k € | +9.7% | 657,5 k € | +1037% | 57,8 k € | -86.6% | 430,3 k € | -34.2% | 653,8 k € | +6310% | 10,2 k € | -98.4% | 647,1 k € |
| Debts | 15,7 M € | -8.7% | 17,2 M € | -5.1% | 18,2 M € | -5.5% | 19,2 M € | +6.3% | 18,1 M € | +13.7% | 15,9 M € | +12.1% | 14,2 M € | +15.6% | 12,3 M € | +51.7% | 8,1 M € | -32.9% | 12 M € | -16.5% | 14,4 M € | -9.9% | 16 M € |
| Other | |||||||||||||||||||||||
| Workforce | 58,5 ETP | -19.8% | 72,9 ETP | -10.4% | 81,4 ETP | +4.1% | 78,2 ETP | +3.6% | 75,5 ETP | +4.7% | 72,1 ETP | 0.0% | 72,1 ETP | -12.7% | 82,6 ETP | +17.5% | 70,3 ETP | +0.4% | 70,0 ETP | -6.7% | 75,0 ETP | +3.6% | 72,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 4 active · 27 ended
Active mandates
Ended mandates
At this address
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Financials
Annual accounts
Full financial information
| 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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/04/2026 | 03/04/2025 | 12/04/2024 | 21/04/2023 | 21/04/2022 | 20/04/2021 |
| General meeting | 27/03/2026 | 28/03/2025 | 29/03/2024 | 31/03/2023 | 25/03/2022 | 26/03/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2025 | 27/03/2026 | 22/04/2026 | Dutch | |
| Full model | 30/09/2024 | 28/03/2025 | 03/04/2025 | Dutch | |
| Full model | 30/09/2023 | 29/03/2024 | 12/04/2024 | Dutch | |
| Full model | 30/09/2022 | 31/03/2023 | 21/04/2023 | Dutch | |
| Full model | 30/09/2021 | 25/03/2022 | 21/04/2022 | Dutch | |
| Full model | 30/09/2020 | 26/03/2021 | 20/04/2021 | Dutch | |
| Full model | 30/09/2019 | 27/03/2020 | 22/04/2020 | Dutch | |
| Full model | 30/09/2018 | 29/03/2019 | 26/04/2019 | Dutch | |
| Full model | 30/09/2017 | 27/03/2018 | 29/03/2018 | Dutch | |
| Full model | 30/09/2016 | 31/03/2017 | 12/04/2017 | Dutch | |
| Full model | 30/09/2015 | 25/03/2016 | 29/03/2016 | Dutch | |
| Full model | 30/09/2014 | 27/03/2015 | 31/03/2015 | Dutch | |
| Full model | 30/09/2013 | 25/03/2014 | 22/04/2014 | Dutch | |
| Full model | 30/09/2012 | 29/03/2013 | 25/04/2013 | Dutch | |
| Full model | 30/09/2011 | 30/03/2012 | 11/04/2012 | Dutch | |
| Full model | 30/09/2010 | 25/03/2011 | 30/03/2011 | Dutch | |
| Full model | 30/09/2009 | 25/03/2010 | 30/03/2010 | Dutch | |
| Full model | 30/09/2008 | 25/03/2009 | 31/03/2009 | Dutch | |
| Full model | 31/12/2006 | 20/06/2007 | 04/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 4 active · 27 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/06/2025MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates21/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates24/06/2022ONTSLAGEN - BENOEMINGEN
- Mandates23/04/2019ONTSLAGEN - BENOEMINGEN
- Mandates24/04/2017ONTSLAGEN - BENOEMINGEN
- Mandates04/08/2016ONTSLAGEN - BENOEMINGEN
- Capital / shares23/06/2016KAPITAAL - AANDELEN
- Mandates11/05/2016ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,3 M €↑
- 2024Annual accounts 2024-2,5 M €↓
- 2023Annual accounts 2023-2 M €↓
- 2022Annual accounts 2022604,5 €↓
- 2021Annual accounts 2021391,3 k €↑
- 2018Annual accounts 2018-500,5 k €↓
- 2017Annual accounts 2017-76 k €↑
- 2015Annual accounts 2015-1,3 M €↓
- 2011Annual accounts 2011-144,9 k €↓
- 2010Annual accounts 20102,1 M €↑
- 2009Annual accounts 2009845,9 k €↓
- 2008Annual accounts 20081,7 M €
- 25/09/1997IncorporationPublic limited company