Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
76 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ARGO CONSTRUCTION from Zaventem, company number BE1010248367, closed financial year 2025 with a result of € -4,291 after tax. For that financial year ARGO CONSTRUCTION recorded a gross margin of € -2,825 and equity of € -3,088. Compared with financial year 2024, the result moved from € -3,797 to € -4,291. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ -3,088
▼ € 4,291 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,291
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 242
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,088.
People and assets in 2025
€ 3,864
▲ 158% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16
Loans from banks and other lenders, long and short.
€ 8,283
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -3,325 | € -2,825 | ▲ € 499 |
| Profit after taxes | € -3,797 | € -4,291 | ▼ € 494 |
| Equity | € 1,203 | € -3,088 | ▼ € 4,291 |
| Total debts | € 15,007 | € 11,290 | ▼ 25% |
| Cash | € 8,329 | € 242 | ▼ 97% |
| Retained profit | € -3,797 | € -8,088 | ▼ € 4,291 |
| Bank debt | € 0 | € 16 | |
| Balance sheet total | € 16,211 | € 8,202 | ▼ 49% |
Key figures of ARGO CONSTRUCTION, fiscal years 2024 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 CONSTRUCTION?
What happened at ARGO CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,291. Source: NBB ↗
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,797 loss in 2024 to € 4,291 loss in 2025.
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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
Behind ARGO CONSTRUCTION are Nicola CAPELLE-RASIA and Nino ARCHVADZE. Nino ARCHVADZE is also behind NCR SOLUTIONS.
Directors
According to the 2025 annual accounts
Nicola CAPELLE-RASIA
Director
Establishments
Establishment units
Physical locations of this company
Ikaroslaan 1
1930 Zaventem
Sylvain Dupuislaan 270
1070 Anderlecht
Active since 11 June 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 76 companies are registered at this address.
All companies at this address →Sobeco
€ 3.4 million gross margin · 2025
XEROX
€ 26.4 million revenue · 2025
ACAL BFi Belgium
€ 6.9 million revenue · 2025
PLEIONE
€ -5,524 gross margin · 2025
National Utility Service
€ 562,891 revenue · 2025
+71 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
- 1010.248.367
- VAT number
- BE 1010.248.367
- Registered office
- Ikaroslaan 1, 1930 Zaventem
- Names & denominations
- ARGO CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2024
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van andere niet-residentiële gebouwen
Overige reiniging van gebouwen; industriële reiniging
Algemene bouw van residentiële gebouwen
Algemene reiniging van gebouwen