ACTIVE

ARGEUS

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Financial year 2025 · closed on 31/12/2025

Net result

-63,1 k €

-1634.1% YoY

Gross margin

403,4 k €

-21.8% YoY

Equity

152,6 k €

-29.2% YoY

Workforce

4,0 ETP

-2.4% YoY

What does ARGEUS do?

ARGEUS is a Private limited company incorporated in 2012. Its main activity is: Computer consultancy activities. Its registered office is in Lummen. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0842.680.570

Incorporation

09/01/2012

Legal form

Private limited company

Registered office

Gestelstraat 15
3560 Lummen · FlandreSee on map

Contributed capital

67 700,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 66199Other activities auxiliary to financial services, except insurance and pension funding 66199Other activities auxiliary to financial services, except insurance and pension funding 63920Other information service activities 63990Other information service activities n.e.c.+4

Joint committees (1)

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	403,4 k €	-21.8%	516,2 k €	-9.1%	567,8 k €	+2.0%	556,8 k €	+19.9%	464,3 k €	-35.4%	718,4 k €	+247%	207,0 k €	-6.7%	221,8 k €	+32.6%	167,3 k €	+13.0%	148,0 k €	+1.0%	146,5 k €	+25.5%	116,8 k €	+824%	-16,1 k €	+64.2%	-45,1 k €
EBITDA	178,5 k €	-28.8%	250,5 k €	+1.8%	246,2 k €	+52.6%	161,3 k €	-12.6%	184,6 k €	-46.9%	347,7 k €	+2437%	-14,9 k €	-112%	127,8 k €	+11.5%	114,7 k €	+4.8%	109,4 k €	-16.0%	130,3 k €	+12.0%	116,3 k €	+782%	-17,1 k €	+62.6%	-45,7 k €
Operating result	-24,4 k €	-178%	31,3 k €	+17.8%	26,6 k €	+543%	-6,0 k €	-108%	74,6 k €	-65.4%	215,8 k €	+361%	-82,6 k €	-378%	29,7 k €	+203%	9,8 k €	+8.9%	9,0 k €	-86.7%	67,9 k €	-20.0%	84,8 k €	+441%	-24,9 k €	+52.5%	-52,3 k €
Net result	-63,1 k €	-1634%	-3,6 k €	+66.1%	-10,7 k €	+71.9%	-38,1 k €	-198%	38,8 k €	-78.7%	181,9 k €	+307%	-87,8 k €	-1521%	6,2 k €	+148%	2,5 k €	-55.5%	5,6 k €	-88.1%	47,1 k €	-44.4%	84,7 k €	+422%	-26,3 k €	+49.7%	-52,3 k €
Balance sheet
Equity	152,6 k €	-29.2%	215,7 k €	-1.7%	219,3 k €	-4.7%	230,0 k €	-14.2%	268,1 k €	+16.9%	229,3 k €	+383%	47,4 k €	-71.7%	167,7 k €	+3.8%	161,5 k €	+1.6%	159,0 k €	+70.2%	93,5 k €	+338%	21,3 k €	+134%	-63,4 k €	-70.9%	-37,1 k €
Total assets	1,9 M €	-1.8%	1,9 M €	+2.8%	1,9 M €	-9.4%	2,0 M €	+1.8%	2,0 M €	+23.9%	1,6 M €	+21.1%	1,3 M €	+104%	657,2 k €	+8.8%	603,8 k €	-15.2%	712,0 k €	+106%	345,6 k €	+101%	171,8 k €	+375%	36,1 k €	+38.8%	26,0 k €
Cash	37,3 k €	+23.9%	30,1 k €	-42.0%	51,8 k €	+1124%	4,2 k €	-94.3%	74,2 k €	-76.6%	317,3 k €	+113%	149,1 k €	+0.1%	149,1 k €	+2468%	5,8 k €	-91.6%	69,0 k €	+1.0%	68,3 k €	+458%	12,2 k €	+1262%	897,7 €	-62.4%	2,4 k €
Debts	1,7 M €	+1.1%	1,7 M €	+3.6%	1,6 M €	-10.1%	1,8 M €	+4.1%	1,7 M €	+25.0%	1,4 M €	+7.8%	1,3 M €	+164%	489,5 k €	+12.5%	435,0 k €	-21.3%	553,0 k €	+122%	249,2 k €	+67.1%	149,1 k €	+50.9%	98,9 k €	+56.6%	63,1 k €
Other
Workforce	4,0 ETP	-2.4%	4,1 ETP	-28.1%	5,7 ETP	-20.8%	7,2 ETP	+4.3%	6,9 ETP	-4.2%	7,2 ETP		–		–		2,0 ETP	+42.9%	1,4 ETP	+55.6%	0,9 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 · 5 active · 13 ended

Active mandates

Davy Palmans

Director · since 24 janvier 2018

Active

PADA INVEST

Director · since 24 janvier 2018 · 0479.568.196

Represented by Davy Palmans

Active

Vik Nelissen

Director · since 24 janvier 2018

Active

VN PRODUCTS & SOLUTIONS

Director · since 24 janvier 2018 · 0885.666.616

Represented by Vik Nelissen

Active

ARGEÜS GROUP

Director · since 21 mai 2015 · 0842.117.970

Represented by Vik Nelissen

Active

Ended mandates

PADA INVEST

Director · since 24 janvier 2018 · 0479.568.196

Represented by Davy Palmans

Ended

Pieter De Backer

Director · since 24 janvier 2018

Ended

ARGEÜS GROUP

Director · since 21 mai 2015 · 0842.117.970

Represented by Vik Nelissen

Ended

ARGEÜS GROUP

Director · since 21 mai 2015 · 0842.117.970

Represented by Vik Jos Paul Nelissen

Ended

At this address

Other companies at this address

Company	CBE no.
ANHAB INVEST● Active	0861.818.472
ARGEÜS GROUP● Active	0842.117.970
BRUSSELS REAL ESTATE COMPANY● Active	0464.952.474
GN Projects● Active	0766.513.992
PADA INVEST● Active	0479.568.196
S&S Solutions● Bankrupt	0810.194.280
SUBSKRIBO● Bankrupt	0753.953.284
VN PRODUCTS & SOLUTIONS● Active	0885.666.616

Annual accounts

Full financial information

	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	27/08/2026	25/09/2025	30/09/2024	27/09/2023	29/09/2022	29/10/2021
General meeting	03/04/2026	26/06/2025	26/06/2024	26/06/2023	26/06/2022	26/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/04/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	25/09/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	27/09/2023	Dutch	PDF
Abridged model	31/12/2021	26/06/2022	29/09/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	29/10/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	27/08/2020	Dutch	PDF
Micro model	31/12/2018	25/04/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	31/03/2017	16/05/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/04/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/04/2013	30/07/2013	Dutch	PDF

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 · 5 active · 13 ended

Active mandates

Davy Palmans

Director · since 24 janvier 2018

Active

PADA INVEST

Director · since 24 janvier 2018 · 0479.568.196

Represented by Davy Palmans

Active

Vik Nelissen

Director · since 24 janvier 2018

Active

VN PRODUCTS & SOLUTIONS

Director · since 24 janvier 2018 · 0885.666.616

Represented by Vik Nelissen

Active

ARGEÜS GROUP

Director · since 21 mai 2015 · 0842.117.970

Represented by Vik Nelissen

Active

Ended mandates

PADA INVEST

Director · since 24 janvier 2018 · 0479.568.196

Represented by Davy Palmans

Ended

Pieter De Backer

Director · since 24 janvier 2018

Ended

ARGEÜS GROUP

Director · since 21 mai 2015 · 0842.117.970

Represented by Vik Nelissen

Ended

ARGEÜS GROUP

Director · since 21 mai 2015 · 0842.117.970

Represented by Vik Jos Paul Nelissen

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other09/06/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates27/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/03/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office08/06/2015
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates06/11/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/07/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other23/01/2012
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

2025
Annual accounts 2025-63,1 k €↓
2024
Annual accounts 2024-3,6 k €↑
2023
Annual accounts 2023-10,7 k €↑
2022
Annual accounts 2022-38,1 k €↓
2021
Annual accounts 202138,8 k €↓
2020
Annual accounts 2020181,9 k €↑
2019
Annual accounts 2019-87,8 k €↓
2018
Annual accounts 20186,2 k €↑
2017
Annual accounts 20172,5 k €↓
2016
Annual accounts 20165,6 k €↓
2015
Annual accounts 201547,1 k €↓
2014
Annual accounts 201484,7 k €↑
2013
Annual accounts 2013-26,3 k €↑
2012
Annual accounts 2012-52,3 k €
09/01/2012
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ARGEUS

Overview

What does ARGEUS do?

Trend over 14 financial years

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