Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 5.7 to 4.
Financials
Financial year 2025
ARGEUS from Lummen, company number BE0842680570, closed financial year 2025 with a result of € -63,057 after tax. For that financial year ARGEUS recorded a gross margin of € 403,440 and equity of € 152,617. Compared with financial year 2024, the result moved from € -3,636 to € -63,057. The company made a loss. 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 August 27, 2026.
€ 152,617
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,057
▼ 1634 % more loss than in 2024
Profit after tax over the fiscal year.
€ 37,285
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 84,917.
People and assets in 2025
4
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 217,357
▼ 9% vs 2024
€ 54,300 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.
€ 352
▼ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 945,149
▼ 8% vs 2024
€ 76,917 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 457,584
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 226,723
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 556,780 | € 567,782 | € 516,198 | € 403,440 | ▼ 22% |
| Profit after taxes | € -38,084 | € -10,717 | € -3,636 | € -63,057 | ▼ € 59,421 |
| Equity | € 230,027 | € 219,310 | € 215,674 | € 152,617 | ▼ 29% |
| Total debts | € 1,815,621 | € 1,634,158 | € 1,689,007 | € 1,718,186 | ▲ 2% |
| Cash | € 4,235 | € 51,837 | € 30,083 | € 37,285 | ▲ 24% |
| Land & buildings | € 855,248 | € 783,707 | € 712,167 | € 640,627 | ▼ 10% |
| Retained profit | € 162,327 | € 151,610 | € 147,974 | € 84,917 | ▼ 43% |
| Bank debt | € 1,312,892 | € 1,105,924 | € 1,032,194 | € 945,149 | ▼ 8% |
| Balance sheet total | € 2,045,648 | € 1,853,469 | € 1,904,681 | € 1,870,803 | ▼ 2% |
| Employees (FTE) | 7.2 | 5.7 | 4.1 | 4 | ▼ 0.1 |
Key figures of ARGEUS, 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 ARGEUS?
What happened at ARGEUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,057. filed late Source: NBB ↗
- VN PRODUCTS & SOLUTIONS became a director. NBB
- Vik Nelissen became a director. NBB
- PADA INVEST BVBA became a director. NBB
- Davy Palmans became a director. NBB
- ARGEUS GROUP BV became a director. NBB
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,084 loss in 2022 to € 63,057 loss in 2025.
Paid € 219 in corporate taxes since 2022.
On average € 100,900 of value added per employee in 2025.
Management
The stake of ARGEÜS GROUP, PADA INVEST, VN PRODUCTS & SOLUTIONS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARGEUSBehind ARGEUS are VN PRODUCTS & SOLUTIONS, Vik Nelissen, PADA INVEST BVBA, ARGEUS GROUP BV and Davy Palmans. The shares are held by ARGEÜS GROUP (99.8%), PADA INVEST (0.1%) and VN PRODUCTS & SOLUTIONS (0%).
Directors
According to the 2025 annual accounts
Director · represented by Vik Nelissen
Also active at: SUBSKRIBO, ARGEÜS GROUP
since 2018
Vik Nelissen
Director
since 2018
Director · represented by Davy Palmans
Also active at: VP Partners, SUBSKRIBO, ARGEÜS GROUP
since 2018
Director · represented by Vik Nelissen
since 2015
Davy Palmans
Director
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gestelstraat 15
3560 Lummen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BRUSSELS REAL ESTATE COMPANY
€ 2 million gross margin · 2025
PADA INVEST same network
€ 18,192 gross margin · 2024
SUBSKRIBO same network
€ -52,103 gross margin · 2025
ARGEÜS GROUP same network
€ -1,027 gross margin · 2025
ANHAB INVEST
€ -1,010 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.680.570
- VAT number
- BE 0842.680.570
- Registered office
- Gestelstraat 15, 3560 Lummen
- Names & denominations
- ARGEUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2012
- Peppol
- Active · Active since 17 Mar 2025
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