Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
ARGENTOR ESSAYEURS from Antwerpen, company number BE0431852314, closed financial year 2025 with a result of € 9.6 million after tax. For that financial year ARGENTOR ESSAYEURS recorded revenue of € 1.9 billion and equity of € 8.4 million. Compared with financial year 2024, the result moved from € 2.2 million to € 9.6 million. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 8.4 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.6 million
▲ € 7.5 million vs 2024
Profit after tax over the fiscal year.
€ 696,861
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
13.7
▲ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 967,025
▲ 56% vs 2024
€ 70,600 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.
€ 38,177
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63.1 million
▲ 13% vs 2024
€ 905,668 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 55.5 million
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 11 days on average.
€ 2.7 million
▲ € 2.2 million vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 480,964,764 | € 491,470,014 | € 1,034,045,682 | € 1,941,596,288 | ▲ 88% |
| Profit after taxes | € 2,083,750 | € 1,496,104 | € 2,156,138 | € 9,628,315 | ▲ € 7.5 million |
| Equity | € 5,097,783 | € 6,593,888 | € 8,750,026 | € 8,378,341 | ▼ 4% |
| Total debts | € 25,286,588 | € 28,711,148 | € 84,418,769 | € 137,176,156 | ▲ 62% |
| Cash | € 1,254,474 | € 1,119,401 | € 35,261,250 | € 696,861 | ▼ 98% |
| Land & buildings | - | - | - | € 65,081 | |
| Retained profit | € 4,097,783 | € 5,593,888 | € 7,750,026 | € 7,378,341 | ▼ 5% |
| Dividend | € 250,000 | € 0 | € 0 | € 10,000,000 | |
| Bank debt | € 21,159,467 | € 26,211,722 | € 55,753,997 | € 63,112,007 | ▲ 13% |
| Balance sheet total | € 30,384,371 | € 35,305,036 | € 93,168,795 | € 145,554,497 | ▲ 56% |
| Employees (FTE) | 5.9 | 6.3 | 9 | 13.7 | ▲ 4.7 |
Key figures of ARGENTOR ESSAYEURS, 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 ARGENTOR ESSAYEURS?
What happened at ARGENTOR ESSAYEURS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.1 million profit in 2022 to € 9.6 million profit in 2025.
Paid € 5.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 9.6 million profit.
Paid out € 10.3 million in dividends to the owners in total.
Management
The stake of Precious Metals Trust comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARGENTOR ESSAYEURSBehind ARGENTOR ESSAYEURS are Oak Capital BV and Alexander Braeckmans. The shares are held by Precious Metals Trust (100%). It owns 100% of Argentor Safe, 50% of Agence Centrale de l'Or and 20% of Precious Metal Trust itself.
Directors
According to the 2025 annual accounts
Director · represented by Jelle Oostvogels
Also active at: Argentor Safe, B.O.-INVEST, Precious Metals Trust, EMEKO HOLDING
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Lange Herentalsestraat 84-86
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0431.852.314
- VAT number
- BE 0431.852.314
- Registered office
- Lange Herentalsestraat 84-86, 2018 Antwerpen
- Names & denominations
- ARGENTOR ESSAYEURS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1987
- Peppol
- Active · Active since 31 Aug 2026
- Activities · NACE
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