Active · per the CBE, 16 September 2026

ARGO

BE0882581224

Rechtspersoon Public limited company 1 establishment

Molenstraat 118, 9900 Eeklo

Behind the company: Alexander Vereeken.

Active for

20 year, 2 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 23 % 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

ARGO from Eeklo, company number BE0882581224, closed financial year 2025 with a result of € 81,394 after tax. For that financial year ARGO recorded a gross margin of € 58,863 and equity of € 147,402. Compared with financial year 2024, the result moved from € -2,740 to € 81,394. 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 July 15, 2026.

What it is worth Growing

€ 147,402

▲ 123% vs 2024

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

Profit Growing

€ 81,394

▲ still € 2,740 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,605

▲ 81% 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 € -52,598.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 45,021

▼ 47% vs 2024

€ 34,348 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 442

▼ 80% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -7,971 € 1,853 € 4,370 € 58,863 ▲ € 54,492
Profit after taxes € -11,036 € 28,649 € -2,740 € 81,394 ▲ € 84,134
Equity € 40,098 € 68,747 € 66,008 € 147,402 ▲ 123%
Total debts € 237,556 € 187,720 € 141,597 € 49,855 ▼ 65%
Cash € 1,433 € 1,850 € 1,441 € 2,605 ▲ 81%
Retained profit € -159,902 € -131,253 € -133,992 € -52,598 ▲ € 81,394
Bank debt € 179,600 € 132,721 € 84,542 € 45,021 ▼ 47%
Balance sheet total € 277,653 € 256,467 € 207,605 € 197,257 ▼ 5%

Key figures of ARGO, 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?

What happened at ARGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 81,394. Source: NBB ↗
  • Alexander Vereeken became a director. NBB
  • New establishment in Eeklo. KBO
  • Start of the company according to the CBE. KBO

In short

From € 11,036 loss in 2022 to € 81,394 profit in 2025.

Best year ever: 2025, with € 81,394 profit.

Management

Alexander Vereeken
ARGO
Verbelco 99%

Behind ARGO is Alexander Vereeken. It owns 99% of Verbelco itself.

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Directors

According to the 2025 annual accounts

Alexander Vereeken

Director

Also active at: C.C.A.C. Projects

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Molenstraat 118

9900 Eeklo

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

Details

Company number
0882.581.224
VAT number
BE 0882.581.224
Registered office
Molenstraat 118, 9900 Eeklo
Names & denominations
ARGO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
5 July 2006
Peppol
Not registered

Frequently asked questions

What is the address of ARGO?
The registered office of ARGO is located at Molenstraat 118, 9900 Eeklo.
Is ARGO still active?
Yes. According to the CBE (16 September 2026) ARGO is active, legal situation “Normale toestand”, started on 5 July 2006.
Is ARGO registered on Peppol?
No, ARGO is currently not registered on the Peppol network.
What is the enterprise number of ARGO?
The enterprise number of ARGO is BE0882581224.
When was ARGO founded?
ARGO was founded on 5 July 2006.
Who owns ARGO?
Behind ARGO is Alexander Vereeken. It owns 99% of Verbelco itself.