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argenx

Active
Private limited companyfounded 200917 yrs activeIndustriepark-Zwijnaarde 7, 9052 Gent, BelgiumKBO/BCE: BE 0818.292.196
Summary

argenx has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of USD 4.19bn and a net result of USD 296.1m. Its solvency ranks better than 65% of 247 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysis Watch Report Compare
argenxActiveChecked score 78/100
Risk analysis Report Compare

Checked score

Score 2024
78 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+8
Solvency94▼-6
Growth100=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
68.9%
Return on assets
4.9%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year

The currencies are not comparable, so no shared scale is shown.

2018: €382.0m
2019: €931.2m
2020: €1.19bn
2021: USD 2.22bn
2022: USD 2.82bn
2023: USD 3.84bn
2024: USD 4.19bn
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
6 d early
2023
43 d early
2022
on the day
2021
33 d early
2020
11 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 September 2009, argenx was incorporated.1 Total assets went from EUR 468 million in 2018 to EUR 1.7 billion in 2020 and headcount from 73.4 to 167 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money

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Financials · fiscal year 2024, full schema

In the rankings #1 company by equity in Belgium, Research and development sector#1 company by total assets in East Flanders, Research and development sector#3 employer in East Flanders, Professional and technical services sector

Amounts retain their source currency, without conversion. Different currencies are not compared or combined in one chart; mixed amounts within a fiscal year are withheld.

Turnover
USD 2.31bn▲ 89.0%
2023 · USD 1.22bn
EBIT margin
7.8%▲ 39.4pp
2023 · -31.6%
Net result
USD 296.1m
2023 · -USD 245.8m
Working capital
USD 3.15bn▲ 8.4%
2023 · USD 2.90bn
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
TurnoverUSD 17.2mUSD 505.3m▲ 2,830%USD 1.22bn▲ 142%USD 2.31bn▲ 89.0%
Operating result-€416.9m▼ 144%-USD 306.6m-USD 495.4m▼ 61.6%-USD 386.6m▲ 22.0%USD 180.6m
Net result-€515.0m▼ 245%-USD 378.7m-USD 500.8m▼ 32.3%-USD 245.8m▲ 50.9%USD 296.1m
EBIT margin-1777.3%-98.0%▲ 1679.3pp-31.6%▲ 66.4pp7.8%▲ 39.4pp
Equity€1.19bn▲ 27.3%USD 2.22bnUSD 2.82bn▲ 27.0%USD 3.84bn▲ 36.0%USD 4.19bn▲ 9.1%
Total assets€1.69bn▲ 28.8%USD 2.63bnUSD 3.39bn▲ 29.2%USD 4.99bn▲ 47.1%USD 6.08bn▲ 21.8%
Debt€508.3m▲ 32.4%USD 402.7mUSD 569.1m▲ 41.3%USD 1.15bn▲ 102%USD 1.89bn▲ 64.1%
Working capital€1.29bn▲ 11.4%USD 2.02bnUSD 2.09bn▲ 3.5%USD 2.90bn▲ 38.6%USD 3.15bn▲ 8.4%
Solvency70.0%within the sector's middle half▼ 0.8pp84.7%above the sector's middle half▲ 14.7pp83.2%above the sector's middle half▼ 1.4pp76.9%above the sector's middle half▼ 6.3pp68.9%within the sector's middle half▼ 8.0pp
Current ratio5.75above the sector's middle half▼ 5.126.04above the sector's middle half▲ 0.284.69within the sector's middle half▼ 1.353.52within the sector's middle half▼ 1.172.66within the sector's middle half▼ 0.85
Return on assets (ROA)-30.4%below the sector's middle half▼ 19.0pp-14.4%below the sector's middle half▲ 16.0pp-14.8%below the sector's middle half▼ 0.3pp-4.9%within the sector's middle half▲ 9.8pp4.9%within the sector's middle half▲ 9.8pp
Staff (FTE)166.8above the sector's middle half▲ 52.9%247.5above the sector's middle half▲ 48.4%321.2above the sector's middle half▲ 29.8%362.8above the sector's middle half▲ 13.0%419.4above the sector's middle half▲ 15.6%
above within below the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets USD 6.08bn
Fixed assets USD 1.04bn ▲ 11.1%
Current assets USD 5.03bn ▲ 24.2%
Equity and liabilities USD 6.08bn
Equity USD 4.19bn ▲ 9.1%
Debt USD 1.89bn ▲ 64.1%
Debt's share of the balance-sheet total rises from 23.1% to 31.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
USD 1.15bn▲
2023 · USD 535.6m
Cash flow
USD 1.26bn▲
2023 · USD 676.4m
Quick ratio
2.46▼
2023 · 3.26
Debt to equity
0.45▲
2023 · 0.30
ROE
7.1%▲
2023 · -6.4%
Interest coverage
86.83▲
2023 · 47.99
Debt ≤ 1 year
USD 1.89bn▲
2023 · USD 1.15bn
Income taxes
-USD 29.9m▲
2023 · -USD 48.7m
Staff costs
USD 137.6m▲
2023 · USD 86.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 83 lines
Balance sheet Code20232024
Assets
Total assets20/58USD 4.99bnUSD 6.08bn▲
Fixed assets21/28USD 939.5mUSD 1.04bn▲
Intangible fixed assets21USD 541.3mUSD 595.4m▲
Tangible fixed assets22/27USD 1.7mUSD 1.9m▲
Plant, machinery and equipment23USD 1.4mUSD 1.1m▼
Furniture and vehicles24USD 175,016USD 160,625▼
Leasing and similar rights25USD 160,293USD 125,689▼
Other tangible fixed assets26USD 38,744USD 596,599▲
Financial fixed assets28USD 396.4mUSD 446.9m▲
Affiliated companies280/1USD 370.3mUSD 422.0m▲
Participating interests280USD 370.3mUSD 422.0m▲
Amounts receivable281USD 0-
Companies linked by participating interests282/3USD 9.9mUSD 9.3m▼
Participating interests282USD 9.9mUSD 9.3m▼
Other financial fixed assets284/8USD 16.3mUSD 15.6m▼
Shares284USD 15.5mUSD 14.9m▼
Amounts receivable and cash guarantees285/8USD 755,109USD 712,772▼
Current assets29/58USD 4.05bnUSD 5.03bn▲
Amounts receivable after more than one year29USD 163.4mUSD 156.7m▼
Trade receivables290USD 0-
Other amounts receivable291USD 163.4mUSD 156.7m▼
Stocks and contracts in progress3USD 299.2mUSD 382.1m▲
Stocks30/36USD 299.2mUSD 382.1m▲
Raw materials and consumables30/31USD 240.6mUSD 337.8m▲
Work in progress32USD 47.0mUSD 26.4m▼
Finished goods33USD 11.6mUSD 18.0m▲
Amounts receivable within one year40/41USD 376.6mUSD 966.2m▲
Trade receivables40USD 339.6mUSD 891.3m▲
Other amounts receivable41USD 37.1mUSD 74.9m▲
Current investments50/53USD 3.10bnUSD 3.37bn▲
Other investments51/53USD 3.10bnUSD 3.37bn▲
Cash at bank and in hand54/58USD 11.5mUSD 3.9m▼
Deferred charges and accrued income490/1USD 102.9mUSD 152.3m▲
Equity and liabilities
Total equity and liabilities10/49USD 4.99bnUSD 6.08bn▲
Equity10/15USD 3.84bnUSD 4.19bn▲
Contributions10/11USD 6.01bnUSD 6.06bn▲
Reserves13USD 124,992USD 124,992=
Distributable reserves133USD 124,992USD 124,992=
Profit (loss) carried forward14-USD 2.16bn-USD 1.87bn▲
Amounts payable17/49USD 1.15bnUSD 1.89bn▲
Amounts payable within one year42/48USD 1.15bnUSD 1.89bn▲
Trade debts44USD 401.8mUSD 536.6m▲
Suppliers440/4USD 401.8mUSD 536.6m▲
Taxes, remuneration and social security45USD 76.4mUSD 106.8m▲
Taxes450/3USD 6.4mUSD 6.5m▲
Remuneration and social security454/9USD 70.0mUSD 100.3m▲
Other amounts payable47/48USD 673.4mUSD 1.25bn▲
Accrued charges and deferred income492/3USD 0USD 681,732▲
Income statement Code20232024
Operating income70/76AUSD 2.04bnUSD 3.26bn▲
Turnover70USD 1.22bnUSD 2.31bn▲
Change in stocks of work in progress, finished goods and contracts in progress71-USD 27.9m-USD 13.4m▲
Own construction capitalised72USD 788.2mUSD 927.4m▲
Other operating income74USD 57.8mUSD 28.7m▼
Non-recurring operating income76AUSD 0USD 2.0m▲
Operating charges60/66AUSD 2.43bnUSD 3.08bn▲
Goods for resale, raw materials and consumables60USD 84.2mUSD 191.2m▲
Purchases600/8USD 246.4mUSD 293.1m▲
Change in stocks: decrease (increase)609-USD 162.2m-USD 101.8m▲
Services and other goods61USD 1.33bnUSD 1.78bn▲
Remuneration, social security and pensions62USD 86.5mUSD 137.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630USD 922.2mUSD 965.9m▲
Other operating charges640/8USD 700,779USD 381,530▼
Non-recurring operating charges66AUSD 4.0mUSD 0▼
Operating profit (loss)9901-USD 386.6mUSD 180.6m▲
Financial income75/76BUSD 110.9mUSD 156.9m▲
Recurring financial income75USD 110.9mUSD 156.9m▲
Income from current assets751USD 101.4mUSD 156.9m▲
Other financial income752/9USD 9.5mUSD 292▼
Financial charges65/66BUSD 18.9mUSD 71.4m▲
Recurring financial charges65USD 12.5mUSD 63.1m▲
Debt charges650USD 11.2mUSD 13.2m▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651USD 0-
Other financial charges652/9USD 1.4mUSD 49.9m▲
Non-recurring financial charges66BUSD 6.3mUSD 8.3m▲
Profit (loss) for the period before taxes9903-USD 294.5mUSD 266.2m▲
Income taxes67/77-USD 48.7m-USD 29.9m▲
Taxes670/3USD 168,317USD 15.6m▲
Tax adjustments and reversals of tax provisions77USD 48.9mUSD 45.5m▼
Profit (loss) for the period9904-USD 245.8mUSD 296.1m▲
Profit (loss) for the period to be appropriated9905-USD 245.8mUSD 296.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906-USD 2.16bn-USD 1.87bn▲
Profit (loss) brought forward from the previous period14P-USD 1.92bn-USD 2.16bn▼
Social balance
Average headcount (FTE)9087362.8419.4▲

The notes to these accounts (95 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-USD 1.02bnUSD 1.34bnUSD 2.04bnUSD 3.26bn▲ 59.6%
Turnover70-USD 17.2mUSD 505.3mUSD 1.22bnUSD 2.31bn▲ 89.0%
Change in stocks of work in progress, finished goods and contracts in progress71-USD 31.1mUSD 48.8m-USD 27.9m-USD 13.4m▲ 52.1%
Own construction capitalised72-USD 466.8mUSD 620.5mUSD 788.2mUSD 927.4m▲ 17.7%
Other operating income74-USD 504.9mUSD 66.3mUSD 57.8mUSD 28.7m▼ 50.4%
Non-recurring operating income76A--USD 97.1mUSD 0USD 2.0m-
Operating charges60/66A-USD 1.33bnUSD 1.83bnUSD 2.43bnUSD 3.08bn▲ 26.7%
Goods for resale, raw materials and consumables60-USD 33.4mUSD 93.8mUSD 84.2mUSD 191.2m▲ 127%
Purchases600/8-USD 84.9mUSD 102.2mUSD 246.4mUSD 293.1m▲ 19.0%
Change in stocks: decrease (increase)609--USD 51.5m-USD 8.3m-USD 162.2m-USD 101.8m▲ 37.2%
Services and other goods61-USD 767.4mUSD 941.6mUSD 1.33bnUSD 1.78bn▲ 33.9%
Remuneration, social security and pensions62-USD 49.4mUSD 71.2mUSD 86.5mUSD 137.6m▲ 59.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€262.9mUSD 473.9mUSD 725.4mUSD 922.2mUSD 965.9m▲ 4.7%
Other operating charges640/8-USD 2.7mUSD 1.3mUSD 700,779USD 381,530▼ 45.6%
Non-recurring operating charges66A---USD 4.0mUSD 0▼ 100%
Operating profit (loss)9901-€416.9m-USD 306.6m-USD 495.4m-USD 386.6mUSD 180.6m▲ 147%
Financial income75/76B-USD 4.7mUSD 66.4mUSD 110.9mUSD 156.9m▲ 41.5%
Recurring financial income75€7.3mUSD 4.7mUSD 66.4mUSD 110.9mUSD 156.9m▲ 41.5%
Income from current assets751-USD 3.1mUSD 26.4mUSD 101.4mUSD 156.9m▲ 54.7%
Other financial income752/9-USD 1.5mUSD 40.0mUSD 9.5mUSD 292▼ 100.0%
Financial charges65/66B-USD 90.0mUSD 95.5mUSD 18.9mUSD 71.4m▲ 278%
Recurring financial charges65€116.1mUSD 50.7mUSD 76.5mUSD 12.5mUSD 63.1m▲ 403%
Debt charges650€143,487USD 393,444USD 1.5mUSD 11.2mUSD 13.2m▲ 18.3%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-USD 3.1mUSD 1.5mUSD 0--
Other financial charges652/9-USD 47.2mUSD 73.5mUSD 1.4mUSD 49.9m▲ 3,518%
Non-recurring financial charges66B-USD 39.3mUSD 18.9mUSD 6.3mUSD 8.3m▲ 31.1%
Profit (loss) for the period before taxes9903-€525.7m-USD 391.9m-USD 524.5m-USD 294.5mUSD 266.2m▲ 190%
Income taxes67/77-€10.7m-USD 13.2m-USD 23.7m-USD 48.7m-USD 29.9m▲ 38.7%
Taxes670/3-USD 5.1mUSD 0USD 168,317USD 15.6m▲ 9,180%
Tax adjustments and reversals of tax provisions77-USD 18.3mUSD 23.7mUSD 48.9mUSD 45.5m▼ 6.9%
Profit (loss) for the period9904-€515.0m-USD 378.7m-USD 500.8m-USD 245.8mUSD 296.1m▲ 220%
Profit (loss) for the period to be appropriated9905-€515.0m-USD 378.7m-USD 500.8m-USD 245.8mUSD 296.1m▲ 220%
Line20202021202220232024Change
Assets
Total assets20/58€1.69bnUSD 2.63bnUSD 3.39bnUSD 4.99bnUSD 6.08bn▲ 21.8%
Fixed assets21/28€132.7mUSD 200.4mUSD 731.7mUSD 939.5mUSD 1.04bn▲ 11.1%
Intangible fixed assets21€130.7mUSD 162.7mUSD 612.8mUSD 541.3mUSD 595.4m▲ 10.0%
Tangible fixed assets22/27€1.2mUSD 1.0mUSD 2.1mUSD 1.7mUSD 1.9m▲ 10.6%
Plant, machinery and equipment23-USD 614,475USD 1.7mUSD 1.4mUSD 1.1m▼ 23.5%
Furniture and vehicles24-USD 122,819USD 184,526USD 175,016USD 160,625▼ 8.2%
Leasing and similar rights25-USD 238,153USD 194,898USD 160,293USD 125,689▼ 21.6%
Other tangible fixed assets26-USD 65,652USD 323USD 38,744USD 596,599▲ 1,440%
Financial fixed assets28€827,510USD 36.7mUSD 116.9mUSD 396.4mUSD 446.9m▲ 12.7%
Affiliated companies280/1-USD 240,197USD 97.4mUSD 370.3mUSD 422.0m▲ 14.0%
Participating interests280-USD 240,197USD 250,643USD 370.3mUSD 422.0m▲ 14.0%
Amounts receivable281--USD 97.1mUSD 0--
Companies linked by participating interests282/3--USD 1.3mUSD 9.9mUSD 9.3m▼ 6.6%
Participating interests282--USD 1.3mUSD 9.9mUSD 9.3m▼ 6.6%
Other financial fixed assets284/8-USD 36.5mUSD 18.2mUSD 16.3mUSD 15.6m▼ 4.2%
Shares284-USD 35.7mUSD 17.4mUSD 15.5mUSD 14.9m▼ 4.2%
Amounts receivable and cash guarantees285/8-USD 756,822USD 728,335USD 755,109USD 712,772▼ 5.6%
Current assets29/58€1.56bnUSD 2.43bnUSD 2.66bnUSD 4.05bnUSD 5.03bn▲ 24.2%
Amounts receivable after more than one year29-USD 47.1mUSD 112.6mUSD 163.4mUSD 156.7m▼ 4.1%
Trade receivables290-USD 47.1mUSD 112.6mUSD 0--
Other amounts receivable291---USD 163.4mUSD 156.7m▼ 4.1%
Stocks and contracts in progress3€20.5mUSD 107.8mUSD 164.9mUSD 299.2mUSD 382.1m▲ 27.7%
Stocks30/36-USD 107.8mUSD 164.9mUSD 299.2mUSD 382.1m▲ 27.7%
Raw materials and consumables30/31-USD 70.1mUSD 78.4mUSD 240.6mUSD 337.8m▲ 40.4%
Work in progress32-USD 37.7mUSD 64.8mUSD 47.0mUSD 26.4m▼ 43.9%
Finished goods33-USD 7,355USD 21.7mUSD 11.6mUSD 18.0m▲ 54.6%
Amounts receivable within one year40/41€34.9mUSD 99.3mUSD 287.8mUSD 376.6mUSD 966.2m▲ 157%
Trade receivables40-USD 64.4mUSD 59.9mUSD 339.6mUSD 891.3m▲ 162%
Other amounts receivable41-USD 34.9mUSD 227.9mUSD 37.1mUSD 74.9m▲ 102%
Current investments50/53€1.32bnUSD 2.03bnUSD 1.99bnUSD 3.10bnUSD 3.37bn▲ 8.8%
Other investments51/53-USD 2.03bnUSD 1.99bnUSD 3.10bnUSD 3.37bn▲ 8.8%
Cash at bank and in hand54/58€144.9mUSD 99.5mUSD 42.7mUSD 11.5mUSD 3.9m▼ 66.2%
Deferred charges and accrued income490/1-USD 41.7mUSD 62.5mUSD 102.9mUSD 152.3m▲ 48.0%
Equity and liabilities
Total equity and liabilities10/49€1.69bnUSD 2.63bnUSD 3.39bnUSD 4.99bnUSD 6.08bn▲ 21.8%
Equity10/15€1.19bnUSD 2.22bnUSD 2.82bnUSD 3.84bnUSD 4.19bn▲ 9.1%
Contributions10/11-USD 3.64bnUSD 4.74bnUSD 6.01bnUSD 6.06bn▲ 0.9%
Reserves13€101,860USD 124,992USD 124,992USD 124,992USD 124,992=
Distributable reserves133-USD 124,992USD 124,992USD 124,992USD 124,992=
Profit (loss) carried forward14-€847.3m-USD 1.42bn-USD 1.92bn-USD 2.16bn-USD 1.87bn▲ 13.7%
Amounts payable17/49€508.3mUSD 402.7mUSD 569.1mUSD 1.15bnUSD 1.89bn▲ 64.1%
Amounts payable within one year42/48€271.3mUSD 401.8mUSD 568.1mUSD 1.15bnUSD 1.89bn▲ 64.0%
Financial debts43-USD 0----
Credit institutions430/8-USD 0----
Trade debts44€220.0mUSD 277.0mUSD 214.4mUSD 401.8mUSD 536.6m▲ 33.5%
Suppliers440/4-USD 277.0mUSD 214.4mUSD 401.8mUSD 536.6m▲ 33.5%
Taxes, remuneration and social security45-USD 72.0mUSD 60.8mUSD 76.4mUSD 106.8m▲ 39.8%
Taxes450/3-USD 4.5mUSD 3.7mUSD 6.4mUSD 6.5m▲ 1.4%
Remuneration and social security454/9-USD 67.5mUSD 57.1mUSD 70.0mUSD 100.3m▲ 43.3%
Other amounts payable47/48-USD 52.9mUSD 292.9mUSD 673.4mUSD 1.25bn▲ 85.0%
Accrued charges and deferred income492/3-USD 862,091USD 1.1mUSD 0USD 681,732-
Line20202021202220232024Change
Profit (loss) for the period9904-€515.0m-USD 378.7m-USD 500.8m-USD 245.8mUSD 296.1m▲ 220%
+ Depreciation and write-downs630€262.9mUSD 473.9mUSD 725.4mUSD 922.2mUSD 965.9m▲ 4.7%
Operating cash flow (approximation)-€252.1mUSD 95.2mUSD 224.6mUSD 676.4mUSD 1.26bn▲ 86.6%
Investment in fixed assets (approximation)--USD 541.6m-USD 1.26bn-USD 1.13bn-USD 1.07bn▲ 5.3%
Change in cash--USD 45.4m-USD 56.8m-USD 31.2m-USD 7.6m▲ 75.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €296.1m
Net result €296.1m after 6 loss-making years.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €2.5bnEq €2.82bn ▲27%
Equity rises from €2.22bn to €2.82bn.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€515.0m
Net result drops to -€515.0m, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €1bnEq €1.19bn ▲27.3%
Equity rises from €931.2m to €1.19bn.
26-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Equity above €500mEq €931.2m ▲144%
Equity rises from €382.0m to €931.2m.
Show earlier events
14-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 38 acts read
About the unread acts

We know of 38 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
38 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1.0 ha
Building footprint
768 m²
Volume, LiDAR
10,147 m³
Parcel 44082B0356/00S000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
ARGEN-X
Industriepark-Zwijnaarde 7, 9052 GentBusiness consulting
since 20092.182.789.911
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0356/00S000 Flanders 1.0 ha 1 · 768 m² 16.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group argenx SE 3 companies Group, risk and exposure

Owners and holdings

1 owner · 13 holdings

Chain of control

  1. argenx SENL consolidated
  2. argenx

Highest known parent: argenx SE (Netherlands). The sources do not say who stands above it.

Owners 1

Holdings 13

Show 3 more holdings
  • ARGENX SWITZERLAND SACHsubsidiary
    Sourceown accounts 2024
    Equity -CHF 18.9mResult -CHF 23.2m
    100%
  • ARGENX UK Ltd.GBsubsidiary
    Sourceown accounts 2024
    Equity GBP 15.7mResult GBP 2.5m
    100%
  • ARGENX US INC.USsubsidiary
    Sourceown accounts 2024
    Equity USD 797.2mResult USD 89.7m
    100%

According to the 2024 annual accounts of argenx 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 501,573 EUR awarded · 60,217 EUR paid
Year Entries awardedpaid
2025 1 489,356 EUR48,000 EUR
2024 1 12,217 EUR12,217 EUR
Schemes
2 entries · 501,573 EUR · 60,217 EUR paid · Fonds voor Innoveren en Ondernemen

European research

2 projects · 250,560 EUR EU contribution
Programmes
1 entry · 250,560 EUR
1 entry
Projects
ONCOgenic Receptor Network of Excellence and Training
Horizon 2020 · participant · 01-01-2015 to 31-05-2019 · 250,560 EUR · ONCORNET
Anti-IgLON5 disease: From Neuroinflammation to Neurodegeneration
Horizon Europe · associated partner · 01-11-2025 to 31-10-2029 · IGNITION

Recognitions · licences · registrations

Legal Entity Identifier

2138003UFXBVYAOGAT72
live in the LEI register

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Of 762 companies in sector 72101 we hold annual accounts for 484. 3 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
72101Research and development on biotechnology
E-invoicing
Reachable via Peppol
Peppol ID 0208:0818292196
Also 9925:BE0818292196
Registered 28-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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