ACTIVE

ARGON Measuring Solutions

Financial year 2025 · closed on 31/12/2025
Net result
57,1 k €
-91.1% YoY
Gross margin
1,9 M €
-10.8% YoY
Equity
482,6 k €
-70.0% YoY
Workforce
18,6 ETP
+21.6% YoY

What does ARGON Measuring Solutions do?

ARGON Measuring Solutions is a Public limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Leuven. It employs on average 18,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.074.317
Incorporation
16/03/2004
Legal form
Public limited company
Registered office
Technologielaan 9
3001 Leuven · FlandreSee on map
Contributed capital
386 549,88 €
Latest accounts
31/12/2025
Average workforce
18,6 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 21 financial years

202520242023202220212020201920182017201620152014201320122011201020092008200720062005
Income statement
Gross margin1,9 M €2,1 M €1,8 M €1,4 M €1,1 M €1,5 M €1,7 M €2,4 M €2,1 M €2,4 M €2,1 M €1,7 M €1,6 M €1,5 M €1,3 M €793,4 k €425,9 k €261,2 k €128,1 k €73,4 k €75,6 k €
EBITDA309,8 k €755,5 k €687,3 k €133 k €-234,3 k €223,8 k €-42,8 k €292,7 k €-274,3 k €104 k €359,6 k €451,1 k €554,8 k €377,2 k €266,1 k €194,6 k €99,1 k €64,6 k €39,7 k €26,1 k €1,4 k €
Operating result109,9 k €639,4 k €601,2 k €70,8 k €-272,8 k €195,8 k €-104,5 k €89 k €-569,4 k €-258,1 k €6,4 k €175,4 k €293,3 k €146,2 k €36,3 k €63,4 k €73,4 k €25 k €15,3 k €619 €-6,4 k €
Net result57,1 k €643,8 k €571,8 k €39,7 k €-304 k €164 k €-145,2 k €55,6 k €-619,5 k €-306,1 k €-33,9 k €141,3 k €214,9 k €94,6 k €-3,6 k €39,7 k €37,4 k €7,5 k €6,3 k €1,7 k €-13,5 k €
Balance sheet
Equity482,6 k €1,6 M €965 k €393,2 k €353,5 k €657,5 k €493,6 k €638,7 k €583,1 k €602,6 k €508,7 k €542,6 k €401,2 k €186,3 k €141,7 k €145,3 k €105,6 k €68,2 k €60,8 k €54,4 k €-7,3 k €
Total assets2,8 M €3,4 M €2,1 M €1,6 M €1,8 M €1,4 M €1,4 M €1,7 M €2 M €2,5 M €2,4 M €1,8 M €1,3 M €766,4 k €1,1 M €622,1 k €346,9 k €271,6 k €207,4 k €231,5 k €107,1 k €
Cash251,8 k €839,7 k €511,3 k €169,6 k €205,7 k €75,7 k €169,8 k €55,8 k €109,1 k €29,4 k €4,5 k €9,3 k €131,9 k €54,7 k €90,9 k €32,9 k €24 k €108 €1,2 k €55 k €271 €
Debts1,6 M €859,7 k €565,5 k €953,2 k €1,2 M €761,4 k €841,6 k €826,9 k €1,2 M €1,8 M €1,7 M €1,2 M €946,5 k €577,8 k €956,2 k €476,8 k €241,3 k €203,3 k €146,6 k €177,1 k €114,4 k €
Other
Workforce18,6 ETP15,3 ETP13,6 ETP16,8 ETP16,8 ETP19,2 ETP24,2 ETP30,9 ETP30,3 ETP31,3 ETP21,9 ETP18,4 ETP15,3 ETP16,3 ETP17,1 ETP11,6 ETP6,7 ETP4,6 ETP2,2 ETP1,2 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 2 active · 35 ended

Active mandates

Neon Consult

Managing director · since 18 juillet 2023 · until 01 juin 2029 · 0794.632.215

Represented by Jef Cambré

Active
EUCLIDES

Managing director · since 31 mars 2022 · until 31 mars 2028 · 0764.358.218

Represented by Geert CREEMERS

Active

Ended mandates

VBfininvest

Director · since 18 septembre 2023 · until 01 juin 2029 · 0841.430.062

Represented by François VAN BEVER

Ended
Kuub

Managing director · since 18 juillet 2023 · until 01 juin 2029 · 0795.226.289

Represented by Frederik OPRINS

Ended
Kuub

Director · since 14 mars 2023 · until 14 mars 2029 · 0795.226.289

Represented by Frederik OPRINS

Ended
Neon Consult

Director · since 14 mars 2023 · until 14 mars 2029 · 0794.632.215

Represented by Jef CAMBRÉ

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 date14/07/202626/06/202509/04/202405/07/202317/08/202214/04/2021
General meeting05/06/202606/06/202522/03/202430/06/202304/06/202229/03/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202614/07/2026DutchPDF
Abridged model31/12/202406/06/202526/06/2025DutchPDF
Abridged model31/12/202322/03/202409/04/2024DutchPDF
Abridged model31/12/202230/06/202305/07/2023DutchPDF
Abridged modelCorrection31/12/202104/06/202217/08/2022DutchPDF
Abridged model31/12/202104/06/202220/07/2022DutchPDF
Abridged model31/12/202029/03/202114/04/2021DutchPDF
Abridged model31/12/201904/09/202015/09/2020DutchPDF
Abridged model31/12/201807/06/201914/06/2019DutchPDF
Abridged model31/12/201728/09/201830/10/2018DutchPDF
Abridged model31/12/201602/06/201704/07/2017DutchPDF
Abridged model31/12/201528/06/201601/08/2016DutchPDF
Abridged model31/12/201429/07/201530/07/2015DutchPDF
Abridged model31/12/201330/06/201429/08/2014DutchPDF
Abridged model31/12/201227/08/201327/08/2013DutchPDF
Abridged model31/12/201130/06/201230/08/2012DutchPDF
Abridged model31/12/201004/06/201129/06/2011DutchPDF
Abridged model31/12/200905/06/201021/06/2010DutchPDF
Abridged model31/12/200806/06/200927/06/2009DutchPDF
Abridged model31/12/200707/06/200825/06/2008DutchPDF
Abridged model31/12/200615/12/200719/12/2007DutchPDF
Abridged model31/12/200519/05/200725/05/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 35 ended

Active mandates

Neon Consult

Managing director · since 18 juillet 2023 · until 01 juin 2029 · 0794.632.215

Represented by Jef Cambré

Active
EUCLIDES

Managing director · since 31 mars 2022 · until 31 mars 2028 · 0764.358.218

Represented by Geert CREEMERS

Active

Ended mandates

VBfininvest

Director · since 18 septembre 2023 · until 01 juin 2029 · 0841.430.062

Represented by François VAN BEVER

Ended
Kuub

Managing director · since 18 juillet 2023 · until 01 juin 2029 · 0795.226.289

Represented by Frederik OPRINS

Ended
Kuub

Director · since 14 mars 2023 · until 14 mars 2029 · 0795.226.289

Represented by Frederik OPRINS

Ended
Neon Consult

Director · since 14 mars 2023 · until 14 mars 2029 · 0794.632.215

Represented by Jef CAMBRÉ

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/08/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates13/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2022
    ONTSLAGEN - BENOEMINGEN
    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 202557,1 k €
  2. 2024
    Annual accounts 2024643,8 k €
  3. 2023
    Annual accounts 2023571,8 k €
  4. 2022
    Annual accounts 202239,7 k €
  5. 2021
    Annual accounts 2021-304 k €
  6. 2020
    Annual accounts 2020164 k €
  7. 2019
    Annual accounts 2019-145,2 k €
  8. 2018
    Annual accounts 201855,6 k €
  9. 2017
    Annual accounts 2017-619,5 k €
  10. 2016
    Annual accounts 2016-306,1 k €
  11. 2015
    Annual accounts 2015-33,9 k €
  12. 2014
    Annual accounts 2014141,3 k €
  13. 2013
    Annual accounts 2013214,9 k €
  14. 2012
    Annual accounts 201294,6 k €
  15. 2011
    Annual accounts 2011-3,6 k €
  16. 2010
    Annual accounts 201039,7 k €
  17. 2009
    Annual accounts 200937,4 k €
  18. 2008
    Annual accounts 20087,5 k €
  19. 2007
    Annual accounts 20076,3 k €
  20. 2006
    Annual accounts 20061,7 k €
  21. 2005
    Annual accounts 2005-13,5 k €
  22. 16/03/2004
    IncorporationPublic limited company