What does Argona – EG elec do?

Argona – EG elec is an electrical contractor in Turnhout. Public Limited, started on 4 November 2004, 1 establishment.

What is the address of Argona – EG elec?

The registered office of Argona – EG elec is located at Koeybleuken 10, 2300 Turnhout.

Is Argona – EG elec still active?

Yes. According to the CBE (30 October 2026) Argona – EG elec is active, legal situation “Normale toestand”, started on 4 November 2004.

Is Argona – EG elec registered on Peppol?

Yes, Argona – EG elec is registered on the Peppol network with ID 0208:0869821467.

What is the enterprise number of Argona – EG elec?

The enterprise number of Argona – EG elec is BE0869821467.

When was Argona – EG elec founded?

Argona – EG elec was founded on 4 November 2004.

Who are the directors of Argona – EG elec?

According to the 2025 annual accounts, the directors of Argona – EG elec are: Gecuman BV, Tierman BV, Eelen Project Management BV.

Is Argona – EG elec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 November 2004; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Argona – EG elec make in 2025?

Argona – EG elec posted a profit after taxes of € 5,737 in financial year 2025.

What is the revenue of Argona – EG elec?

In its most recent annual accounts (2025), Argona – EG elec reported revenue of € 5,361,240.

How much does an employee at Argona – EG elec earn?

The average wage cost per full-time employee at Argona – EG elec was € 74,300 in 2025: staff costs of € 787,718 for 10.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Argona – EG elec have?

According to the 2025 annual accounts, Argona – EG elec has 10.6 full-time equivalents (FTE).

Does Argona – EG elec have a website?

Yes, Argona – EG elec has a website at eg-elec.be.

Argona – EG elec (Public Limited) - Turnhout

Dossier Argona – EG elec, printed on 30 October 2026 from databakkes.be/en/0869821467/argona-eg-elec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Argona – EG elec from Turnhout, company number BE0869821467, closed financial year 2025 with a result of € 5,737 after tax. For that financial year Argona – EG elec recorded revenue of € 5.4 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 504,505 to € 5,737. The company is profitable. 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 July 15, 2026.

What it is worth Growing

€ 1.7 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5,737

▼ 99% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 528,621

▼ 64% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.6 million.

People and assets in 2025

Full-time equivalents

10.6

▼ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 752,769 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 787,718

▼ 1% vs 2024

€ 74,300 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.

Vehicles and equipment

€ 59,664

▼ 9% vs 2024

Of which on lease € 26,653.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 323,986

▼ 28% vs 2024

€ 109,718 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 996,777

▲ 43% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.

Taxes and wages

€ 133,039

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 6,682,872 Revenue 2024: € 6,682,872 First fiscal year in the series	€ 5,361,240 Revenue 2025: € 5,361,240 ▼ 20% vs 2024 (€ 6,682,872) Unfavourable step	▼ 20%
Gross margin	€ 1,269,783 Gross margin 2022: € 1,269,783 First fiscal year in the series	€ 1,703,697 Gross margin 2023: € 1,703,697 ▲ 34% vs 2022 (€ 1,269,783) Favourable step	-	-
Profit after taxes	€ 412,218 Profit after taxes 2022: € 412,218 First fiscal year in the series	€ 531,567 Profit after taxes 2023: € 531,567 ▲ 29% vs 2022 (€ 412,218) Favourable step	€ 504,505 Profit after taxes 2024: € 504,505 ▼ 5% vs 2023 (€ 531,567) Unfavourable step	€ 5,737 Profit after taxes 2025: € 5,737 ▼ 99% vs 2024 (€ 504,505) Unfavourable step	▼ 99%
Equity	€ 624,030 Equity 2022: € 624,030 First fiscal year in the series	€ 1,155,597 Equity 2023: € 1,155,597 ▲ 85% vs 2022 (€ 624,030) Favourable step	€ 1,660,102 Equity 2024: € 1,660,102 ▲ 44% vs 2023 (€ 1,155,597) Favourable step	€ 1,665,839 Equity 2025: € 1,665,839 Unchanged (€ 1,660,102) Favourable step
Total debts	€ 3,102,414 Total debts 2022: € 3,102,414 First fiscal year in the series	€ 1,848,782 Total debts 2023: € 1,848,782 ▼ 40% vs 2022 (€ 3,102,414) Favourable step	€ 1,365,232 Total debts 2024: € 1,365,232 ▼ 26% vs 2023 (€ 1,848,782) Favourable step	€ 1,454,069 Total debts 2025: € 1,454,069 ▲ 7% vs 2024 (€ 1,365,232) Unfavourable step	▲ 7%
Cash	€ 815,562 Cash 2022: € 815,562 First fiscal year in the series	€ 889,294 Cash 2023: € 889,294 ▲ 9% vs 2022 (€ 815,562) Favourable step	€ 1,456,730 Cash 2024: € 1,456,730 ▲ 64% vs 2023 (€ 889,294) Favourable step	€ 528,621 Cash 2025: € 528,621 ▼ 64% vs 2024 (€ 1,456,730) Unfavourable step	▼ 64%
Land & buildings	€ 575,489 Land & buildings 2022: € 575,489 First fiscal year in the series	€ 484,579 Land & buildings 2023: € 484,579 ▼ 16% vs 2022 (€ 575,489) Unchanged	€ 395,894 Land & buildings 2024: € 395,894 ▼ 18% vs 2023 (€ 484,579) Unchanged	€ 304,685 Land & buildings 2025: € 304,685 ▼ 23% vs 2024 (€ 395,894) Unchanged	▼ 23%
Retained profit	€ 562,030 Retained profit 2022: € 562,030 First fiscal year in the series	€ 1,093,597 Retained profit 2023: € 1,093,597 ▲ 95% vs 2022 (€ 562,030) Favourable step	€ 1,598,102 Retained profit 2024: € 1,598,102 ▲ 46% vs 2023 (€ 1,093,597) Favourable step	€ 1,603,839 Retained profit 2025: € 1,603,839 Unchanged (€ 1,598,102) Favourable step
Dividend	€ 250,000 Dividend 2022: € 250,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 250,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 688,918 Bank debt 2022: € 688,918 First fiscal year in the series	€ 553,502 Bank debt 2023: € 553,502 ▼ 20% vs 2022 (€ 688,918) Favourable step	€ 450,619 Bank debt 2024: € 450,619 ▼ 19% vs 2023 (€ 553,502) Favourable step	€ 323,986 Bank debt 2025: € 323,986 ▼ 28% vs 2024 (€ 450,619) Favourable step	▼ 28%
Balance sheet total	€ 3,726,444 Balance sheet total 2022: € 3,726,444 First fiscal year in the series	€ 3,004,379 Balance sheet total 2023: € 3,004,379 ▼ 19% vs 2022 (€ 3,726,444) Unchanged	€ 3,025,334 Balance sheet total 2024: € 3,025,334 ▲ 1% vs 2023 (€ 3,004,379) Unchanged	€ 3,119,909 Balance sheet total 2025: € 3,119,909 ▲ 3% vs 2024 (€ 3,025,334) Unchanged	▲ 3%
Employees (FTE)	9.6 Employees (FTE) 2022: 9.6 First fiscal year in the series	11.4 Employees (FTE) 2023: 11.4 ▲ 1.8 vs 2022 (9.6) Unchanged	11.6 Employees (FTE) 2024: 11.6 ▲ 0.2 vs 2023 (11.4) Unchanged	10.6 Employees (FTE) 2025: 10.6 ▼ 1 vs 2024 (11.6) Unchanged	▼ 1

Key figures of Argona – EG elec, 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 Argona – EG elec?

What happened at Argona – EG elec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Gecuman BV stepped down as director. NBB
2027 Tierman BV stepped down as director. NBB
2027 Eelen Project Management BV stepped down as director. NBB
Jul 15, 2026 New annual accounts for financial year 2025: profit of € 5,737 (▼ 99% vs 2024). Source: NBB ↗
2024 Gecuman BV became a director. NBB
2024 Tierman BV became a director. NBB
2024 Eelen Project Management BV became a director. NBB
Jan 1, 2005 New establishment in Turnhout. KBO

In short

From € 412,218 profit in 2022 to € 5,737 profit in 2025.

Paid € 459,955 in corporate taxes since 2022.

Best year ever: 2023, with € 531,567 profit.

On average € 149,400 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Argona - Eco Technics 100%

The stake of Argona - Eco Technics comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Argona – EG elec

The shares are held by Argona - Eco Technics (100%).

Directors

According to the 2025 annual accounts

Gecuman BV

Director · represented by Geert Cuypers

Also active at: EG-invest

since 2024 · until 2027

Tierman BV

Director · represented by Erwin Van Hoeck

Also active at: EG-invest

since 2024 · until 2027

Eelen Project Management BV

Director · represented by Wim Eelen

Also active at: Argona – Team Green OVL, CHARGE4U, Smart Solar Storage Solutions for Charge, The Green Deal, ARGONA, VALE, Argona – Team Green WVL, Argona - Eco Technics

since 2024 · until 2027

Shareholders

Argona - Eco Technics

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Koeybleuken 10

2300 Turnhout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

EG-invest same network

€ 100,789 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS eg-elec.be

Canonical: /home

Technologies

ApacheCaddyCloudflare CDNJSFacebook PixelGoogle AnalyticsLinkedIn InsightOwl CarouselWordPressjQuery

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Jobs Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0869.821.467

VAT number

BE 0869.821.467

Registered office

Koeybleuken 10, 2300 Turnhout

Names & denominations

Argona – EG elec

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 November 2004

Peppol

Active · Active since 8 Oct 2025

Contact

eg-elec.be

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Vervaardiging van metalen constructiewerken en delen daarvan

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Vervaardiging van metalen constructiewerken en onderdelen daarvan

View on CBE Public ↗ Annual accounts (NBB) ↗

Argona – EG elec

Financials

What happened to Argona – EG elec?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions