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ARGINE

Active Private limited company (pre-2019)founded 1993active for 32 yearsChaussée de Gramptinne 151, 5340 GesvesKBO/BCE: BE 0451.301.210 #5 oldest company in Gesves, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1995
peak €86,113 (2018)
€31,066▲ 356%
lowest -€36,186 (2007)
-€2,936▲ €15,709
peak €145,568 (2021)
€86,495▼ 3.3%
€175,667▼ 9.7%
peak 1 FTE (2007)
-not published
Board2 names since 2007
1 director
Documentsfilings and deeds
24-08-202668 days before the deadline
2026micro format
Gross margin from €6,816 to €31,066Loss of €2,936

Key points

from the 2026 annual accounts

Overdue debts

€5,839 on 31-03-2026

The annual accounts state €5,839 of overdue tax debts on 31-03-2026.

Equity

€86,495 from €145,568 in 2021

Equity fell by 41% in 5 years.

Losses

-€59,073 in five years
-4,6542022-22,2942023-10,5442024-18,6452025-2,9362026

Every financial year from 2022 to 2026 closed with a loss. 2023 was the heaviest.

Turnover

≈ €360,000 estimated

The accounts state no turnover.

Staff

1 employees on 31-03-2026
322022122023112024222025222026

In 2026, 2 people joined and 2 left.

Filings

32 annual accounts since 1995
deadline200020102020

Two of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as ARGINE has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for ARGINE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451301210
Resignation: (manager) Gazette deed
First establishment Chaussée de Gramptinne 151, Gesves
Incorporation published on 10-12-1993 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
ARGINE Gesves €262,161 €31,066 33.0% -
ANADOLU GIDA MARKET Charleroi €300,540 €33,314 1.6% -
GHOTRA Hamont-Achel €221,862 €34,142 31.8% -
CHARLEMAGNE Uccle €221,541 €28,079 73.7% -
NEVER CLOSED OOSTKAMP Oostkamp €300,283 €29,081 22.8% -
't MELKIJSJE Diest €294,778 €41,828 74.1% -
TRICOUR Charleroi €212,192 €25,118 -99.8% -

These companies have the same main activity as ARGINE: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €212,000 and €301,000, founded between 1991 and 1997.

Official details

Source: KBO
Status
Active since 17-11-1993Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
Joint committees
119Food trade
201Independent retail · annual accounts 31-03-2024
Establishment unit
2.064.698.8445340 Gesves, since 21-12-1993
Financial year end
31 March
Peppol
Reachable since 19-08-2025
Company details

Annual accounts to 31-03-2026

€262,161▼ 7.7%
Employeeson 31-03-2026
1=
Filing
Filed on 24-08-2026, 68 days before the end of the filing period
Financials

Insights on ARGINE

ARGINE files the micro format. That format states no turnover. The gross margin rose from €3,593 in 2007 to €31,066 in 2026.

The balance sheet grew most from 2013 to 2015 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ARGINE

What is the company number of ARGINE?
The company number of ARGINE is 0451.301.210. The VAT number is the same number with BE in front: BE 0451.301.210.
Where is ARGINE based?
The registered office is at Chaussée de Gramptinne 151, 5340 Gesves.Company details
What does ARGINE do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of ARGINE?
ARGINE is a private limited company (pre-2019) (BVBA).
When was ARGINE founded?
ARGINE was founded on 17-11-1993.
Is ARGINE still active?
Yes, ARGINE is an active enterprise in the KBO register.
How many employees does ARGINE have?
ARGINE had an average of 0.8 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does ARGINE fall under?
In its 31-03-2024 annual accounts, ARGINE states joint committees 119 (Food trade) and 201 (Independent retail).
What is the turnover of ARGINE?
The turnover in financial year 2026 is ≈ €360,000. This figure is estimated from the gross margin of €31,066 and 168 comparable companies (NACE 47110). It probably lies between €240,000 and €560,000.
Is ARGINE profitable?
In financial year 2026, ARGINE made a loss of €2,936.
Where can I find the annual accounts of ARGINE?
ARGINE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ARGINE due?
ARGINE must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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