Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ARGEPA from Bornem, company number BE0431547060, closed financial year 2025 with a result of € -8,319 after tax. For that financial year ARGEPA recorded a gross margin of € 1,171 and equity of € -98,013. Compared with financial year 2024, the result moved from € -2,523 to € -8,319. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ -98,013
▼ € 8,319 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,319
▼ 230 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,378
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -159,986.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,962 | € 3,225 | € 6,949 | € 1,171 | ▼ 83% |
| Profit after taxes | € -6,972 | € -5,941 | € -2,523 | € -8,319 | ▼ € 5,796 |
| Equity | € -81,229 | € -87,170 | € -89,694 | € -98,013 | ▼ € 8,319 |
| Total debts | € 168,525 | € 169,299 | € 169,388 | € 171,474 | ▲ 1% |
| Cash | € 1,721 | € 3,378 | € 5,881 | € 5,378 | ▼ 9% |
| Land & buildings | € 84,292 | € 78,468 | € 72,644 | € 68,059 | ▼ 6% |
| Retained profit | € -143,203 | € -149,144 | € -151,667 | € -159,986 | ▼ € 8,319 |
| Balance sheet total | € 87,295 | € 82,129 | € 79,695 | € 73,462 | ▼ 8% |
Key figures of ARGEPA, 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 ARGEPA?
What happened at ARGEPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LYDIA DE BRUYN stepped down as director. NBB
- Odette Avignon stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,319. Source: NBB ↗
- LYDIA DE BRUYN became a director. NBB
- Odette Avignon became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,972 loss in 2022 to € 8,319 loss in 2025.
Management
Directors
According to the 2025 annual accounts
since 2016 · until 2031
Odette Avignon
Director
since 2016 · until 2031
Establishments
Establishment units
Physical locations of this company
Meirenstraat(BRA) 13
2880 Bornem
Sneeuwbeslaan 4 13
2610 Antwerpen
Active since 13 October 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.547.060
- VAT number
- BE 0431.547.060
- Registered office
- Meirenstraat(BRA) 13, 2880 Bornem
- Names & denominations
- ARGEPA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1987
- Peppol
- Not registered