ACTIVE

Argona – EG elec

Financial year 2025 · Closed on 31/12/2025

Net result5,7 k €-98,9 %over 1 year
Revenue5,4 M €-19,8 %over 1 year
Equity1,7 M €+0,3 %over 1 year
Workforce10,6 ETP-8,6 %over 1 year

Identity

Source · BCE/KBO

Argona – EG elec is a Public limited company incorporated in 2004. Its main activity is: Electrical installation. Its registered office is in Turnhout. It employs on average 10,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0869.821.467
Incorporation
04/11/2004
Legal form
Public limited company
Registered office
Koeybleuken 10
2300 Turnhout · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
10,6 ETP
Joint committees (5)
  • 111
  • 14901
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue5,4 M €6,7 M €–––
EBITDA159,6 k €862 k €901,3 k €625 k €467 k €
Operating result38 k €742,9 k €762,5 k €503 k €363,2 k €
Net result5,7 k €504,5 k €531,6 k €412,2 k €259,1 k €
Balance sheet
Equity1,7 M €1,7 M €1,2 M €624 k €461,8 k €
Total assets3,1 M €3 M €3 M €3,7 M €2,6 M €
Cash528,6 k €1,5 M €889,3 k €815,6 k €601,7 k €
Debts1,5 M €1,4 M €1,8 M €3,1 M €2,1 M €
Other
Workforce10,6 ETP11,6 ETP11,4 ETP9,6 ETP12,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 19 ended

Active mandates

EELEN PROJECT MANAGEMENT

Director · since 15 juin 2024 · until 04 juin 2027 · 0521.978.675

Represented by Wim Eelen

Active
GECUMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.936.765

Represented by Geert Cuypers

Active
TIERMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.860.749

Represented by Erwin Van Hoeck

Active

Ended mandates

EELEN PROJECT MANAGEMENT

Director · since 15 juin 2024 · until 04 juin 2027 · 0521.978.675

Represented by Wim EELEN

Ended
GECUMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.936.765

Represented by Geert CUYPERS

Ended
TIERMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.860.749

Represented by Erwin VAN HOECK

Ended
EELEN PROJECT MANAGEMENT

Director · since 07 mai 2024 · 0521.978.675

Represented by Wim EELEN

Ended

Other companies at this address

Koeybleuken 10 2300 Turnhout
CompanyCBE no.
EG-invest● Active
0806.701.983

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull 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 date15/07/202624/07/202515/07/202406/07/202322/06/202211/06/2021
General meeting26/06/202630/06/202515/06/202430/06/202303/06/202204/06/2021
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
Full model31/12/202526/06/202615/07/2026DutchPDF
Full model31/12/202430/06/202524/07/2025DutchPDF
Abridged model31/12/202315/06/202415/07/2024DutchPDF
Abridged model31/12/202230/06/202306/07/2023DutchPDF
Abridged model31/12/202103/06/202222/06/2022DutchPDF
Abridged model31/12/202004/06/202111/06/2021DutchPDF
Abridged model31/12/201905/06/202021/08/2020DutchPDF
Abridged model31/12/201807/06/201921/08/2019DutchPDF
Abridged model31/12/201701/06/201823/08/2018DutchPDF
Abridged model31/12/201602/06/201720/07/2017DutchPDF
Abridged model31/12/201517/06/201615/07/2016DutchPDF
Abridged model31/12/201417/06/201515/07/2015DutchPDF
Abridged model31/12/201327/06/201425/07/2014DutchPDF
Abridged model31/12/201228/06/201329/07/2013DutchPDF
Abridged model31/12/201116/07/201210/08/2012DutchPDF
Abridged model31/12/201012/07/201111/08/2011DutchPDF
Abridged model31/12/200908/09/201006/10/2010DutchPDF
Abridged model31/12/200828/07/200926/08/2009DutchPDF
Abridged model31/12/200727/06/200828/07/2008DutchPDF
Abridged model31/12/200622/06/200720/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 19 ended

Active mandates

EELEN PROJECT MANAGEMENT

Director · since 15 juin 2024 · until 04 juin 2027 · 0521.978.675

Represented by Wim Eelen

Active
GECUMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.936.765

Represented by Geert Cuypers

Active
TIERMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.860.749

Represented by Erwin Van Hoeck

Active

Ended mandates

EELEN PROJECT MANAGEMENT

Director · since 15 juin 2024 · until 04 juin 2027 · 0521.978.675

Represented by Wim EELEN

Ended
GECUMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.936.765

Represented by Geert CUYPERS

Ended
TIERMAN

Director · since 15 juin 2024 · until 04 juin 2027 · 0698.860.749

Represented by Erwin VAN HOECK

Ended
EELEN PROJECT MANAGEMENT

Director · since 07 mai 2024 · 0521.978.675

Represented by Wim EELEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/06/2025
    BENAMING
    PDF
  • Mandates03/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/01/2019
    DIVERSEN
    PDF
  • Mandates17/08/2018
    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 20255,7 k €↓
  2. 2024
    Annual accounts 2024504,5 k €↓
  3. 2024
    Name changeArgona - EG elec
  4. 2023
    Annual accounts 2023531,6 k €↑
  5. 2022
    Annual accounts 2022412,2 k €↑
  6. 2021
    Annual accounts 2021259,1 k €↑
  7. 2019
    Annual accounts 2019110,4 k €↑
  8. 2018
    Annual accounts 201830 k €↑
  9. 2017
    Annual accounts 201728,2 k €↓
  10. 2016
    Annual accounts 2016175 k €↑
  11. 2015
    Annual accounts 2015164,3 k €↑
  12. 2014
    Annual accounts 201455,9 k €↓
  13. 2013
    Annual accounts 2013133,1 k €↑
  14. 2012
    Annual accounts 2012124,6 k €↓
  15. 2011
    Annual accounts 2011169,1 k €↓
  16. 2010
    Annual accounts 2010199 k €↑
  17. 2009
    Annual accounts 2009179,8 k €↓
  18. 2008
    Annual accounts 2008304 k €↑
  19. 2007
    Annual accounts 2007268,3 k €↑
  20. 2006
    Annual accounts 2006187,9 k €
  21. 2006
    Name changeEG-elec
  22. 04/11/2004
    IncorporationPublic limited company