Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 390.8 to 348.7.
-
Busy address KBO
88 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ARGEA from Ukkel, company number BE0420191528, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year ARGEA recorded revenue of € 72.9 million and equity of € 10.7 million. Compared with financial year 2024, the result moved from € 1.7 million to € 2.9 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 10.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 8.8 million
▲ 168% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.8 million paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
348.7
▼ 20.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 23.9 million
▲ 1% vs 2024
€ 68,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.5 million
▲ € 1.1 million vs 2024
Of which on lease € 1.4 million.
Debts at end 2025
€ 1.3 million
▲ € 1 million vs 2024
€ 410,004 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13.3 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 100 days on average.
€ 2.9 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 65,671,144 | € 64,648,598 | € 63,786,687 | € 72,935,043 | ▲ 14% |
| Profit after taxes | € 1,252,621 | € 1,422,979 | € 1,748,676 | € 2,858,324 | ▲ 63% |
| Equity | € 7,462,308 | € 8,885,287 | € 10,633,963 | € 10,675,060 | |
| Total debts | € 22,690,974 | € 18,335,234 | € 19,322,123 | € 20,592,129 | ▲ 7% |
| Cash | € 3,502,483 | € 2,713,281 | € 3,267,121 | € 8,771,895 | ▲ 168% |
| Land & buildings | € 5,578 | € 5,578 | € 5,578 | € 5,578 | |
| Retained profit | € 1,624,231 | € 3,047,210 | € 4,795,886 | € 4,836,983 | ▲ 1% |
| Dividend | € 512,223 | € 0 | € 0 | € 2,817,228 | |
| Bank debt | € 0 | € 0 | € 296,750 | € 1,323,599 | ▲ € 1 million |
| Balance sheet total | € 33,856,189 | € 30,700,030 | € 32,790,602 | € 34,857,706 | ▲ 6% |
| Employees (FTE) | 400.1 | 390.8 | 369 | 348.7 | ▼ 20.3 |
Key figures of ARGEA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ARGEA?
What happened at ARGEA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benjamin HEDDE stepped down as director. NBB
- Frédéric BERNADET stepped down as director. NBB
- Florian MARCHAND stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.9 million (▲ 63% vs 2024). Source: NBB ↗
- Benjamin HEDDE became a director. NBB
- Frédéric BERNADET became a director. NBB
- Florian MARCHAND became a director. NBB
- New establishment in Fleurus. KBO
In short
From € 1.3 million profit in 2022 to € 2.9 million profit in 2025.
Paid € 665,464 in corporate taxes since 2022.
Best year ever: 2025, with € 2.9 million profit.
Paid out € 3.3 million in dividends to the owners in total.
Management
It owns 98.3% of AQUAENERGIA itself.
Directors
According to the 2025 annual accounts
Florian MARCHAND
Managing director
Also active at: GROUP S - SECRETARIAT SOCIAL, SECRETARIAT SOCIAL AGREE D'EMPLOYEURS, AQUAENERGIA
since 2020 · until 2027
Benjamin HEDDE
Chairman of the board
since 2024 · until 2031
Frédéric BERNADET
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Georges Lecointelaan 50
1180 Ukkel
Guido Gezellestraat 125
1654 Beersel
Active since 16 February 1988
Rue des Fabriques(FL) 8
6220 Fleurus
Active since 1 March 2020
Rue de l'Abbaye 5
4040 Herstal
Active since 1 July 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 88 companies are registered at this address.
All companies at this address →Duher
€ 950,784 gross margin · 2025
Alpi
Association belge des Experts-Associatie van Belgische experten
DS Group (anciennement : Interprise Brussels)
€ -216,797 gross margin · 2025
SOCIETE INDUSTRIELLE DE DIFFUSION BENELUX
€ 527,335 gross margin · 2025
+83 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0420.191.528
- VAT number
- BE 0420.191.528
- Registered office
- Georges Lecointelaan 50, 1180 Ukkel
- Names & denominations
- ARGEA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1980
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- argea.be [email protected] +3223459909
- Activities · NACE
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