ARGAYON
ActiveSummary
ARGAYON has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55.8m and a net result of €1.0m. Equity is growing by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 3241 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €6.2m | €6.1m | €7.1m | €7.9m | ▲ 11.0% |
| Turnover70 | €1.5m | €1.8m | €1.2m | €1.7m | €1.9m | ▲ 11.0% |
| Other operating income74 | - | €4.5m | €4.8m | €5.4m | €6.0m | ▲ 11.0% |
| Non-recurring operating income76A | - | - | €19,956 | €1,916 | €0 | ▼ 100% |
| Operating charges60/66A | - | €3.2m | €4.5m | €4.1m | €4.5m | ▲ 9.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €10,760 | - |
| Purchases600/8 | - | - | - | - | €10,760 | - |
| Services and other goods61 | - | €1.7m | €1.8m | €1.7m | €1.8m | ▲ 8.0% |
| Remuneration, social security and pensions62 | - | €250,925 | €329,848 | €356,388 | €310,141 | ▼ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €83,399 | €1.3m | €1.7m | €1.8m | €1.8m | ▲ 2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€10,053 | €93,327 | €22,860 | €169,973 | ▲ 644% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€788,234 | -€178,654 | -€197,963 | -€204,698 | ▼ 3.4% |
| Other operating charges640/8 | - | €374,466 | €417,070 | €401,599 | €475,272 | ▲ 18.3% |
| Non-recurring operating charges66A | - | €415,662 | €338,279 | €18,017 | €43,128 | ▲ 139% |
| Operating profit (loss)9901 | €1.7m | €3.0m | €1.5m | €3.0m | €3.4m | ▲ 13.3% |
| Financial income75/76B | - | €1.3m | €765,969 | €479,278 | €850,187 | ▲ 77.4% |
| Recurring financial income75 | €336,589 | €1.3m | €534,928 | €479,278 | €850,187 | ▲ 77.4% |
| Income from financial fixed assets750 | - | €1.3m | €531,433 | €461,695 | €836,406 | ▲ 81.2% |
| Other financial income752/9 | - | €6,322 | €3,494 | €17,583 | €13,781 | ▼ 21.6% |
| Non-recurring financial income76B | - | - | €231,042 | €0 | - | - |
| Financial charges65/66B | - | €1.7m | €3.9m | €2.1m | €2.2m | ▲ 3.7% |
| Recurring financial charges65 | €1.3m | €1.7m | €1.9m | €2.1m | €2.2m | ▲ 3.7% |
| Debt charges650 | €87,729 | €201,374 | €410,865 | €623,625 | €710,812 | ▲ 14.0% |
| Other financial charges652/9 | - | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 0.5% |
| Non-recurring financial charges66B | - | - | €1.9m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €734,447 | €2.6m | -€1.6m | €1.4m | €2.1m | ▲ 50.3% |
| Transfer from deferred taxes780 | - | €10,851 | €10,851 | €10,851 | €7,325 | ▼ 32.5% |
| Income taxes67/77 | €127,417 | €371,224 | €3,246 | €306,570 | €1.0m | ▲ 240% |
| Taxes670/3 | - | €371,224 | €3,246 | €306,570 | €1.0m | ▲ 240% |
| Profit (loss) for the period9904 | €607,030 | €2.3m | -€1.5m | €1.1m | €1.0m | ▼ 4.0% |
| Transfer from tax-exempt reserves789 | - | €32,552 | €616,392 | €32,552 | €125,214 | ▲ 285% |
| Transfer to tax-exempt reserves689 | - | €1.1m | €556 | €505,200 | €884,100 | ▲ 75.0% |
| Profit (loss) for the period to be appropriated9905 | €463,890 | €1.2m | -€932,148 | €612,250 | €282,427 | ▼ 53.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68.4m | €106.7m | €102.1m | €105.2m | €105.3m | ▲ 0.1% |
| Formation expenses20 | - | €23,352 | €10,091 | €1,818 | €167 | ▼ 90.8% |
| Fixed assets21/28 | €67.6m | €98.9m | €95.8m | €99.5m | €101.2m | ▲ 1.7% |
| Intangible fixed assets21 | - | - | - | €16,912 | €12,780 | ▼ 24.4% |
| Tangible fixed assets22/27 | €1.4m | €35.4m | €38.4m | €40.5m | €41.3m | ▲ 1.8% |
| Land and buildings22 | - | €35.1m | €37.9m | €39.8m | €40.5m | ▲ 1.8% |
| Plant, machinery and equipment23 | - | €214,950 | €257,852 | €332,449 | €404,011 | ▲ 21.5% |
| Furniture and vehicles24 | - | €105,404 | €210,062 | €375,379 | €289,352 | ▼ 22.9% |
| Leasing and similar rights25 | - | - | - | - | €0 | - |
| Assets under construction and advance payments27 | - | - | - | - | €19,000 | - |
| Financial fixed assets28 | €66.2m | €63.5m | €57.4m | €58.9m | €59.9m | ▲ 1.7% |
| Affiliated companies280/1 | - | €63.5m | €57.4m | €58.9m | €59.9m | ▲ 1.7% |
| Participating interests280 | - | €58.7m | €52.7m | €52.8m | €52.8m | = |
| Amounts receivable281 | - | €4.8m | €4.7m | €6.2m | €7.1m | ▲ 15.8% |
| Companies linked by participating interests282/3 | - | €0 | - | - | - | - |
| Participating interests282 | - | €0 | - | - | - | - |
| Other financial fixed assets284/8 | - | €16,582 | €15,584 | €8,223 | €8,223 | = |
| Shares284 | - | €13,849 | €7,362 | €0 | - | - |
| Amounts receivable and cash guarantees285/8 | - | €2,733 | €8,223 | €8,223 | €8,223 | = |
| Current assets29/58 | €776,332 | €7.8m | €6.3m | €5.7m | €4.1m | ▼ 27.7% |
| Amounts receivable after more than one year29 | - | - | €111,701 | €0 | - | - |
| Other amounts receivable291 | - | - | €111,701 | €0 | - | - |
| Amounts receivable within one year40/41 | €387,758 | €1.5m | €2.0m | €1.3m | €720,974 | ▼ 45.8% |
| Trade receivables40 | - | €565,389 | €517,502 | €597,056 | €524,221 | ▼ 12.2% |
| Other amounts receivable41 | - | €924,978 | €1.4m | €733,768 | €196,753 | ▼ 73.2% |
| Current investments50/53 | - | - | €3.1m | €3.2m | €2.9m | ▼ 7.9% |
| Other investments51/53 | - | - | €3.1m | €3.2m | €2.9m | ▼ 7.9% |
| Cash at bank and in hand54/58 | €376,139 | €6.3m | €989,132 | €1.1m | €316,945 | ▼ 70.2% |
| Deferred charges and accrued income490/1 | - | €80,240 | €111,668 | €128,286 | €161,631 | ▲ 26.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68.4m | €106.7m | €102.1m | €105.2m | €105.3m | ▲ 0.1% |
| Equity10/15 | €10.1m | €58.0m | €53.6m | €54.7m | €55.8m | ▲ 1.9% |
| Contributions10/11 | €620,026 | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Capital10 | - | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Issued capital100 | - | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Revaluation surpluses12 | - | €24.1m | €22.6m | €22.6m | €22.6m | = |
| Reserves13 | €1.0m | €2.6m | €2.5m | €3.0m | €3.8m | ▲ 25.3% |
| Non-distributable reserves130/1 | - | €196,143 | €196,143 | €196,143 | €196,143 | = |
| Legal reserve130 | - | €196,143 | €196,143 | €196,143 | €196,143 | = |
| Tax-exempt reserves132 | - | €2.4m | €1.7m | €2.2m | €3.0m | ▲ 34.2% |
| Distributable reserves133 | - | €2,885 | €586,725 | €586,725 | €586,725 | = |
| Profit (loss) carried forward14 | -€8.1m | €30.2m | €27.4m | €28.0m | €28.3m | ▲ 1.0% |
| Provisions and deferred taxes16 | €15.7m | €19.6m | €19.4m | €19.2m | €19.0m | ▼ 1.1% |
| Provisions for liabilities and charges160/5 | - | €19.4m | €19.3m | €19.1m | €18.9m | ▼ 1.1% |
| Major repairs and maintenance162 | - | €94,165 | €94,165 | €82,736 | €75,408 | ▼ 8.9% |
| Other liabilities and charges164/5 | - | €19.3m | €19.2m | €19.0m | €18.8m | ▼ 1.0% |
| Deferred taxes168 | - | €132,585 | €121,735 | €110,884 | €103,560 | ▼ 6.6% |
| Amounts payable17/49 | €42.6m | €29.2m | €29.1m | €31.3m | €30.5m | ▼ 2.3% |
| Amounts payable after more than one year17 | €31.3m | €13.7m | €21.9m | €23.4m | €22.7m | ▼ 3.2% |
| Financial debts170/4 | - | €13.7m | €14.4m | €15.2m | €13.9m | ▼ 8.4% |
| Credit institutions173 | - | €13.7m | €14.3m | €15.1m | €13.9m | ▼ 8.2% |
| Other loans174 | - | €42,518 | €130,968 | €94,483 | €46,345 | ▼ 50.9% |
| Other amounts payable178/9 | - | €10,150 | €7.5m | €8.2m | €8.7m | ▲ 6.7% |
| Amounts payable within one year42/48 | €10.9m | €14.8m | €6.5m | €7.0m | €7.2m | ▲ 2.5% |
| Current portion of amounts payable after more than one year42 | - | €1.1m | €1.6m | €1.6m | €1.9m | ▲ 17.0% |
| Financial debts43 | - | €1,110 | - | €3,627 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €1,110 | - | €3,627 | €0 | ▼ 100% |
| Trade debts44 | €184,723 | €772,455 | €325,172 | €173,310 | €245,519 | ▲ 41.7% |
| Suppliers440/4 | - | €772,455 | €325,172 | €173,310 | €245,519 | ▲ 41.7% |
| Taxes, remuneration and social security45 | - | €221,288 | €165,615 | €146,203 | €128,506 | ▼ 12.1% |
| Taxes450/3 | - | €159,246 | €96,039 | €99,937 | €82,672 | ▼ 17.3% |
| Remuneration and social security454/9 | - | €62,042 | €69,576 | €46,266 | €45,834 | ▼ 0.9% |
| Other amounts payable47/48 | - | €12.7m | €4.4m | €5.1m | €5.0m | ▼ 2.8% |
| Accrued charges and deferred income492/3 | - | €694,692 | €712,007 | €822,257 | €669,989 | ▼ 18.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €607,030 | €2.3m | -€1.5m | €1.1m | €1.0m | ▼ 4.0% |
| + Depreciation and write-downs630 | €83,399 | €1.3m | €1.7m | €1.8m | €1.8m | ▲ 2.2% |
| Operating cash flow (approximation) | €690,429 | €3.5m | €140,417 | €2.9m | €2.9m | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | -€32.5m | €1.3m | -€5.4m | -€3.5m | ▲ 35.1% |
| Change in cash | - | €5.9m | -€5.3m | €73,399 | -€745,586 | ▼ 1,116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
25-09
State Gazette act
General meeting · MergerShareholding · Power of attorney · Real estate10 facts ▸
- General meeting, 31-08-2026
- Merger, fusion par absorption, unanimité
- Shareholding
- Power of attorney, CATTELAIN Christian Jacques Florent
- Real estate, 6 ares 38 centiares, droit d'emphytéose
- Real estate, pleine propriété, OTTIGNIES-LOUVAIN-LA-NEUVE
- Other statement, plan reference, 17-08-1983
- Other statement, plan reference, 17-08-1983
- Other statement, fusion constatation, l'ensemble du patrimoine actif et passif de la société anonyme SOCIETE DE DISTRIBUTION est transféré à la société anonyme ARGAYON, société…
- Power of attorney
19-08
State Gazette act
Registered office · Capital & shares · RestructuringReal estate · Merger · Accounting effect39 facts ▸
- Real estate, 2, sous-sol
- Real estate, 3, sous-sol
- Real estate, 4, sous-sol
- Real estate, 5, sous-sol
- Real estate, 7, rez-de-chaussée
- Real estate, 8, rez-de-chaussée
- Real estate, 9, rez-de-chaussée
- Real estate, 10, rez-de-chaussée
- Real estate, 11, rez-de-chaussée
- Real estate, 12, rez-de-chaussée
- Real estate, 13, rez-de-chaussée
- Real estate, 4.103, 4-1/C
- +27 further facts in this act
02-06
State Gazette act
RestructuringMerger · Capital · Board composition11 facts ▸
- Merger, assimilated absorption, article 183bis du CIR 92, article 211, 1° et 2° du CIR 1992
- Capital, €1.090.068,52
- Board composition, Christian CATTELAIN (managing director)
- Board composition, Yves CATTELAIN (managing director)
- Board composition, Nathalie CATTELAIN (director)
- Board composition, Christine DUBOIS (director)
- Capital, €61.500
- Declaration, no special rights or other titles, aucune mesure n'est donc proposée
- Declaration, no new shares issued, détient 100% de la SA SODI
- Declaration, no special advantages to management, Aucun avantage particulier n'est attribué aux membres des organes d'administration des sociétés appelées à fusionner
- Incorporation, 06-12-1973
23-03
State Gazette act
Appointment: François CHALMAGNE (statutory auditor)2 facts ▸
- General meeting, 19/12/2025
- Auditor appointment, François CHALMAGNE (statutory auditor)
Show earlier events
About the unread acts
Of the 23 Belgian State Gazette acts we know for this company, 4 have been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
2 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0681/00P002 | Wallonia | 2.0 ha | 1 · 6,531 m² | - |
| 25111A0681/00N002 | Wallonia | 3,562 m² | 1 · 2,405 m² | - |
| 92053A0066/00Y003 | Wallonia | 3,201 m² | 1 · 2,664 m² | - |
Linked by address, not proof of ownership
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| François Chalmagne |
|
Articles of association
Full purpose (14 activities)
- Effectuer toute opération de courtage en valeurs immobilières, mobilières, y compris l'activité d'agent immobilier, assurer la gestion de biens immobiliers et valeurs mobilières, intervenir en matière de conseils et réalisation en les matières économique, financière et monétaire
- Assurer ou coordonner la réalisation de projets immobiliers, prendre de façon permanente ou temporaire, sans en exclure le caractère spéculatif, toute participation dans toutes sortes de sociétés
- Acheter, échanger et vendre tout bien ou droit mobilier ou immobilier, investir à court, moyen et long terme, faire des opérations de bourse, des investissements dans des matières premières, achats et ventes sur les marchés des options
- Ériger ou faire ériger des immeubles, les aménager ou faire aménager; prendre ou donner des immeubles en location; faire tous travaux en vue de les rendre rentables; lotir des terrains, créer la voirie nécessaire; contracter tous contrats de leasing; prendre ou donner des droits d'emphytéose ou de superficie
- Exécuter toutes transactions et négociations commerciales, industrielles et financières des biens mobiliers et immobiliers qui ont, soit un rapport total ou partiel, soit un rapport direct ou indirect avec son but
- La contribution, en nom propre, pour compte de tiers ou en participation avec ceux-ci, à l'établissement et au développement de sociétés
- L'acquisition par voie de souscription ou d'achat d'actions ou parts, d'obligations, de bons de caisse ou d'autres valeurs mobilières, quelle que soit leur nature, de sociétés belges ou étrangères, existantes ou à constituer, ainsi que la gestion de ces valeurs
- L'octroi de prêts et de crédits à ses sociétés ou des personnes privées, sous quelque forme que ce soit; dans le cadre de cette activité, elle pourra se porter caution ou donner son aval, et effectuer, au sens large
- Toutes opérations commerciales et financières à l'exception de celles réservées légalement aux organismes de dépôts à court terme, aux caisses d'épargne, aux sociétés hypothécaires et aux sociétés de capitalisation
- L'activité de conseil en matière financière, technique, commerciale ou administrative, au sens large
- L'assistance et la fourniture de services, directement ou indirectement, dans le domaine administratif et financier, dans les ventes, la production et la gestion en général
- L'intervention en tant qu'intermédiaire lors de négociations, par la reprise partielle ou totale d'actions ou de parts; au sens le plus large, la participation à des opérations d'émission d'actions, de parts et de titres à revenus fixes, par voie de souscription, de cautionnement, d'achat et de vente ou autrement, ainsi que la réalisation de toutes opérations, quelle que soit leur nature, en matière de gestion de portefeuilles ou de capitaux
- L'exercice de toutes missions d'administration et l'exercice de mandats et de fonctions se rapportant directement ou indirectement à son objet
- Le développement, l'achat, la vente, la concession comme preneur, ou concédant de licences, de brevets, de savoir-faire et d'autres immobilisations incorporelles
Structure & network
Owners and holdings
9 holdingsOwners 0
The accounts to 31-05-2025 list no shareholders, and no other source names one.
Holdings 9
- BRICO BOISsubsidiaryEquity €1.2mResult €355,909100%
- CATTIMMOsubsidiaryEquity €14.7mResult €863,289100%
- D.G. & C°subsidiaryEquity €743,146Result -€151,517100%
- DINA DISTRIBUTION NAMURsubsidiaryEquity €297,496Result €4,433100%
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- SOCIETE DE DISTRIBUTION (EN ABREGE) SODIsubsidiarySourceact 25-09-2026own accounts 31-05-2025act 25-09-2026accounts SOCIETE DE DISTRIBUTION (EN ABREGE) SODI 2024Equity €2.1mResult €474,540100%
According to the annual accounts to 31-05-2025 of ARGAYON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
2 transactionsRecognitions · licences · registrations
Legal Entity Identifier
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
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