ARGILL
InactiveFinancials · financial year 2025, micro format
Turnover
≈ €290,000
Estimated: probably between €190,000 and €510,000
EBIT margin
Not included in this filing
Net result
€59,448▲ 163%
2024 · €22,581
Working capital
€100,762▲ 159%
2024 · €38,838
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 148% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€95,427
2025
Net result€59,448
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€159,329
2025
Equity€101,125
2025
Debt€58,204
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€100,762
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€34,937--€3,852-€18,624▼ 384%€6,381€30,109▲ 372%€7,580▼ 74.8%€38,543▲ 408%€95,427▲ 148%
Net result€19,573--€10,137-€25,076▼ 147%€435€24,086▲ 55×€1,480▼ 93.9%€22,581▲ 15×€59,448▲ 163%
Equity€57,410-€47,272▼ 17.7%€22,197▼ 53.0%€22,632▲ 2.0%€46,718▲ 106%€48,198▲ 3.2%€41,677▼ 13.5%€101,125▲ 143%
Total assets€246,161-€204,123▼ 17.1%€184,300▼ 9.7%€183,210▼ 0.6%€213,843▲ 16.7%€196,703▼ 8.0%€185,569▼ 5.7%€159,329▼ 14.1%
Debt€188,751-€156,851▼ 16.9%€162,103▲ 3.3%€160,578▼ 0.9%€167,125▲ 4.1%€148,506▼ 11.1%€143,892▼ 3.1%€58,204▼ 59.6%
Working capital€71,431-€53,751▼ 24.8%€28,190▼ 47.6%€23,045▼ 18.3%€44,398▲ 92.7%€42,862▼ 3.5%€38,838▼ 9.4%€100,762▲ 159%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159,329
Fixed assets
€363 ▼ 99.6%
Current assets
€158,966 ▲ 83.1%
Equity and liabilities €159,329
Equity
€101,125 ▲ 143%
Debt
€58,204 ▼ 59.6%
Debt's share of the balance-sheet total falls from 77.5% to 36.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95,427▲
2024 · €49,557
Cash flow
€59,448▲
2024 · €33,595
Current ratio
2.73▲
2024 · 1.81
Debt to equity
0.58▼
2024 · 3.45
ROE
58.8%▲
2024 · 54.2%
ROA
37.3%▲
2024 · 12.2%
Interest coverage
16.39▲
2024 · 11.15
Debt ≤ 1 year
€58,204▲
2024 · €47,974
Debt > 1 year
€0▼
2024 · €95,918
Income taxes
€30,264▲
2024 · €11,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €101,606 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,784 | €6,989 | €6,789 | €6,956 | €11,201 | €11,201 | €11,014 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,116 | €1,130 | €1,032 | €2,584 | €2,144 | ▼ 17.0% |
| Gross operating margin9900 | €42,101 | €3,865 | -€11,071 | €14,453 | €42,440 | €19,813 | €52,141 | €97,571 | ▲ 87.1% |
| Operating profit (loss)9901 | €34,937 | -€3,852 | -€18,624 | €6,381 | €30,109 | €7,580 | €38,543 | €95,427 | ▲ 148% |
| Financial income75/76B | - | - | - | €199 | €698 | €370 | €445 | €108 | ▼ 75.8% |
| Recurring financial income75 | €72 | €613 | €27 | €199 | €698 | €370 | €445 | €108 | ▼ 75.8% |
| Financial charges65/66B | - | - | - | €5,924 | €5,365 | €4,998 | €4,444 | €5,822 | ▲ 31.0% |
| Recurring financial charges65 | €7,032 | €6,674 | €6,264 | €5,924 | €5,365 | €4,998 | €4,444 | €5,822 | ▲ 31.0% |
| Profit (loss) for the period before taxes9903 | €27,978 | -€9,913 | -€24,861 | €656 | €25,442 | €2,952 | €34,544 | €89,713 | ▲ 160% |
| Income taxes67/77 | €8,405 | €225 | €215 | €221 | €1,356 | €1,472 | €11,963 | €30,264 | ▲ 153% |
| Profit (loss) for the period9904 | €19,573 | -€10,137 | -€25,076 | €435 | €24,086 | €1,480 | €22,581 | €59,448 | ▲ 163% |
| Profit (loss) for the period to be appropriated9905 | €19,573 | -€10,137 | -€25,076 | €435 | €24,086 | €1,480 | €22,581 | €59,448 | ▲ 163% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €246,161 | €204,123 | €184,300 | €183,210 | €213,843 | €196,703 | €185,569 | €159,329 | ▼ 14.1% |
| Fixed assets21/28 | €128,308 | €128,857 | €122,068 | €132,173 | €120,972 | €109,771 | €98,757 | €363 | ▼ 99.6% |
| Tangible fixed assets22/27 | €127,945 | €128,494 | €121,705 | €131,810 | €120,609 | €109,408 | €98,394 | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €114,892 | €109,378 | €103,865 | €98,394 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €16,918 | €11,231 | €5,544 | - | - | - |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €117,853 | €75,266 | €62,232 | €51,036 | €92,871 | €86,932 | €86,812 | €158,966 | ▲ 83.1% |
| Amounts receivable within one year40/41 | €40,794 | €32,420 | €15,370 | €17,401 | €16,703 | €12,611 | €15,777 | €15,541 | ▼ 1.5% |
| Trade receivables40 | - | - | - | €5,990 | €8,444 | €980 | €5,725 | €13,960 | ▲ 144% |
| Other amounts receivable41 | - | - | - | €11,412 | €8,258 | €11,631 | €10,053 | €1,581 | ▼ 84.3% |
| Cash at bank and in hand54/58 | €77,059 | €41,101 | €45,787 | €31,419 | €74,674 | €73,432 | €66,848 | €141,487 | ▲ 112% |
| Deferred charges and accrued income490/1 | - | - | - | €2,216 | €1,494 | €889 | €4,187 | €1,938 | ▼ 53.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €246,161 | €204,123 | €184,300 | €183,210 | €213,843 | €196,703 | €185,569 | €159,329 | ▼ 14.1% |
| Equity10/15 | €57,410 | €47,272 | €22,197 | €22,632 | €46,718 | €48,198 | €41,677 | €101,125 | ▲ 143% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €30,961 | €30,961 | €30,961 | €30,961 | €40,518 | €41,998 | €35,477 | €94,925 | ▲ 168% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €29,101 | €38,658 | €40,138 | €35,477 | €94,925 | ▲ 168% |
| Profit (loss) carried forward14 | €20,248 | €10,111 | -€14,965 | -€14,530 | - | - | - | €0 | - |
| Amounts payable17/49 | €188,751 | €156,851 | €162,103 | €160,578 | €167,125 | €148,506 | €143,892 | €58,204 | ▼ 59.6% |
| Amounts payable after more than one year17 | €142,329 | €135,336 | €128,061 | €132,439 | €118,652 | €104,435 | €95,918 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €132,439 | €118,652 | €104,435 | €95,918 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €46,422 | €21,515 | €34,042 | €27,991 | €48,473 | €44,070 | €47,974 | €58,204 | ▲ 21.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,372 | €13,787 | €14,217 | €8,517 | €0 | ▼ 100% |
| Trade debts44 | €34,778 | €12,317 | €20,773 | €11,047 | €25,827 | €20,393 | €31,234 | €20,339 | ▼ 34.9% |
| Suppliers440/4 | - | - | - | €11,047 | €25,827 | €20,393 | €31,234 | €20,339 | ▼ 34.9% |
| Taxes, remuneration and social security45 | - | - | - | €3,572 | €8,858 | €9,461 | €8,223 | €32,490 | ▲ 295% |
| Taxes450/3 | - | - | - | €875 | €7,495 | €8,070 | €6,824 | €32,490 | ▲ 376% |
| Remuneration and social security454/9 | - | - | - | €2,697 | €1,363 | €1,390 | €1,398 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €5,375 | - |
| Accrued charges and deferred income492/3 | - | - | - | €148 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,573 | -€10,137 | -€25,076 | €435 | €24,086 | €1,480 | €22,581 | €59,448 | ▲ 163% |
| + Depreciation and write-downs630 | €5,784 | €6,989 | €6,789 | €6,956 | €11,201 | €11,201 | €11,014 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €25,357 | -€3,149 | -€18,287 | €7,391 | €35,287 | €12,681 | €33,595 | €59,448 | ▲ 77.0% |
| Investment in fixed assets (approximation) | - | -€7,538 | €0 | -€17,061 | €0 | €0 | €0 | €98,394 | - |
| Change in cash | - | -€35,958 | €4,687 | -€14,368 | €43,255 | -€1,243 | -€6,584 | €74,640 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00200569 |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00246628 |
| 31-12-2023 | micro format | 21-07-2024 | 2024-00275063 |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00224889 |
| 31-12-2021 | full format | 30-06-2022 | 2022-20149079 |
| 31-12-2020 | full format | 22-06-2021 | 2021-25000315 |
| 31-12-2019 | full format | 07-07-2020 | 2020-27400162 |
| 31-12-2018 | full format | 01-07-2019 | 2019-27300549 |
| 31-12-2017 | full format | 30-08-2018 | 2018-56400322 |
| 31-12-2016 | micro format | 13-11-2017 | 2017-69500468 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.