Financials
Financial year 2025
ARGO RECLAME from Lokeren, company number BE0459913028, closed financial year 2025 with a result of € 152,753 after tax. For that financial year ARGO RECLAME recorded a gross margin of € 653,544 and equity of € 535,232. Compared with financial year 2024, the result moved from € 114,780 to € 152,753. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 535,232
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 152,753
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 325,729
▲ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 516,640.
People and assets in 2025
6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 353,111
▲ 24% vs 2024
€ 58,900 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.
€ 7,330
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 266,923
▼ 19% vs 2024
€ 77,993 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 60,204
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,764
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 229,752 | € 449,446 | € 524,701 | € 653,544 | ▲ 25% |
| Profit after taxes | € 39,939 | € 103,012 | € 114,780 | € 152,753 | ▲ 33% |
| Equity | € 186,903 | € 267,700 | € 382,480 | € 535,232 | ▲ 40% |
| Total debts | € 314,494 | € 358,861 | € 431,482 | € 372,694 | ▼ 14% |
| Cash | € 63,020 | € 121,216 | € 193,798 | € 325,729 | ▲ 68% |
| Retained profit | € 168,311 | € 249,108 | € 363,888 | € 516,640 | ▲ 42% |
| Dividend | € 0 | € 22,215 | € 0 | € 0 | |
| Bank debt | € 228,237 | € 272,270 | € 331,096 | € 266,923 | ▼ 19% |
| Balance sheet total | € 501,397 | € 626,561 | € 813,962 | € 907,926 | ▲ 12% |
| Employees (FTE) | 3.1 | 4.8 | 5.4 | 6 | ▲ 0.6 |
Key figures of ARGO RECLAME, 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 ARGO RECLAME?
What happened at ARGO RECLAME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 152,753 (▲ 33% vs 2024). Source: NBB ↗
- RECLAMECONSULT BV became a director. NBB
- Ayah BITAR became a director. NBB
- MAO INVEST BV became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,939 profit in 2022 to € 152,753 profit in 2025.
Paid € 147,678 in corporate taxes since 2022.
Best year ever: 2025, with € 152,753 profit.
On average € 108,900 of value added per employee in 2025.
A new publication or filing at ARGO RECLAME? We notify you, reason included.
Follow ARGO RECLAMEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MAO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARGO RECLAMEBehind ARGO RECLAME are MAO INVEST BV, Ayah BITAR and RECLAMECONSULT BV. The shares are held by MAO INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Mahmoud Sami ALLAF
since 2020
Ayah BITAR
Director
since 2022
Director · represented by Wieland VAN DEN BROECK
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moortelstraat 25
9160 Lokeren
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0459.913.028
- VAT number
- BE 0459.913.028
- Registered office
- Moortelstraat 25, 9160 Lokeren
- Names & denominations
- ARGO RECLAME · ARGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 1997
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- argoreclame.be
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen