ACTIVE

ARGENTUM CEDIT VIRTUTI

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Financial year 2025 · Closed on 31/12/2025

Net result6,3 M €-91,2 %over 1 year
Revenue6,9 M €+15,8 %over 1 year
Equity2,2 Md €-1,9 %over 1 year
Workforce27,3 ETP+14,7 %over 1 year

Identity

Source · BCE/KBO

ARGENTUM CEDIT VIRTUTI is a Public limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Essen. It employs on average 27,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0837.348.342
Incorporation
16/06/2011
Legal form
Public limited company
Registered office
Stationsstraat 180
2910 Essen · FlandreSee on map
Contributed capital
2 110 663 128,66 €
Latest accounts
31/12/2025
Average workforce
27,3 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 3 filings

Trend over 2 financial years

20252024
Income statement
Revenue6,9 M €6 M €
EBITDA-67 k €231,6 k €
Operating result-74,7 k €226,1 k €
Net result6,3 M €71,5 M €
Balance sheet
Equity2,2 Md €2,3 Md €
Total assets2,3 Md €2,3 Md €
Cash7,9 M €17,5 M €
Debts79,3 M €44,7 M €
Other
Workforce27,3 ETP23,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Edward Heerema
Statutaire Bestuurder20/09/2024 → 10/06/2030

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Stationsstraat 180 2910 Essen
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0837.952.316
Oceanic Marine Contractors● Active
0708.920.441
Offshore Equipment Chartering● Active
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PIONEERING SPIRIT MARINE CONTRACTORS● Active
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SOCIETE DE LOCATION DU FORTITUDE● Active
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Full financial information

Source · NBB
20252024
Type of accountFull modelFull model
Start of the financial year01/01/202501/01/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months12 months
Filing date07/07/202625/07/2025
General meeting09/06/202630/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202607/07/2026DutchPDF
Full model31/12/202430/06/202525/07/2025DutchPDF
Consolidated accounts31/12/202430/06/202525/07/2025DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Edward Heerema
Statutaire Bestuurder20/09/2024 → 10/06/2030

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office11/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares08/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates06/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/12/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates30/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other22/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other16/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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
Filings2 filings
Mandates
Edward Heerema
20112012201320142015201620172018201920202021202220232024202520262027202820292030
ARGENTUM CEDIT VIRTUTI
Stationsstraat 180, 2910 Essen
Statutaire Bestuurder
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Stationsstraat 180, 2910 EssenCurrent
accounts 2025
Accounts 2025 · 2026-00261237
Wiegstraat 21, 2000 Antwerp
accounts 2024
Accounts 2024 · 2025-00307428

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ARGENTUM CEDIT VIRTUTICurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00261237

Events

  1. 2025
    Annual accounts 20256,3 M €↓
  2. 28/11/2025
    reduction_capital
  3. 16/01/2025
    nominationEY Bedrijfsrevisoren BV · commissaris
  4. 2024
    Annual accounts 202471,5 M €
  5. 16/12/2024
    reduction_capital
  6. 20/09/2024
    autre
  7. 20/09/2024
    autreEdward Pieter HEEREMA
  8. 20/09/2024
    autreStichting Administratiekantoor Aequa Lance Foundation
  9. 16/06/2011
    IncorporationPublic limited company