Equity
€166,341 ▲ 1.4%
ARGO 19 has made a profit without a break since 2016.
ARGO 19
Lifetime
13 annual accounts with figures on one time axispeak €153,335 (2021)
€132,283▲ 4.7%
lowest -€7,998 (2013)
€1,397▼ 93.0%
peak €166,341 (2025)
€166,341▲ 1.4%
€37,350▲ 10.4%
peak 0.7 FTE (2020)
-not published
Board1 name since 2013
1 directorARLLATI Bujar
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Result from €19,978 to €1,397Cash from €48,917 to €21,508
Key points
from the 2025 annual accountsTurnover
≈ €410,000 estimated
The micro format states no turnover.
Investments
€15,570 1.6 × depreciation
Green is investment, beige is depreciation.
Staff
7 employees on 31-12-2025
In 2025, 16 people joined and 21 left.
Filings
13 annual accounts since 2013
Eight of the last ten came late. The 2019 accounts came latest: 65 days after the end of the period.
Position in the sector
81.7%
Higher solvency than 91% of companies in food and beverage service. Sector median 29.5% · 17,158 companies.
Checked score
69
Healthy
Financially stronger than 58% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%highest value
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 0.4%▼ -0.8 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Size: total assets €203,692
1 of the last 3 accounts late
lowers risk
Founded in 2012
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 62% on liquidity, 33% on profitability and 44% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as ARGO 19 has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ARGO 19 itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,904 companies, not a prediction for ARGO 19. 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
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.95 (5.45 in 2024), above the usual 1.5. Short-term debt is 18.3% and cash 10.6% of total assets. 18.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
31 days early
2023
31 days late
2022
22 days late
2021
60 days late
2020
53 days late
2019
65 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0849787702
Reappointment: ARLLATI Bujar (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 08-04-2024 · Gazette deed
Incorporation
published on 31-10-2012 · Gazette deed
First establishment
Waterloosesteenweg 984, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARGO 19 Uccle | €203,692 | €132,283 | 81.7% | - |
| SAMBEN-ONE Anderlecht | €219,911 | €143,561 | 36.0% | - |
| G.B.O.M. Schaerbeek | €193,668 | €152,108 | 33.7% | - |
| LE MIDI-FOOD Anderlecht | €168,927 | €123,432 | 58.2% | - |
| GORKHA Ghent | €202,556 | €135,698 | 61.8% | - |
| MIDO Kalmthout | €209,449 | €107,173 | 52.6% | - |
| CHRISTIM Schilde | €205,937 | €156,236 | -25.2% | 3.1 |
These companies have the same main activity as ARGO 19: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €169,000 and €220,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 22-10-2012Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.214.577.0091180 Uccle, since 16-10-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 10-04-2025
Annual accounts 2025
- €203,692▲ 2.9%
- Employeeson 31-12-2025
- 7▼ 41.7%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on ARGO 19
ARGO 19 files the micro format. That format states no turnover. The gross margin rose from €2,138 in 2013 to €132,283 in 2025.
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 ARGO 19
- What is the company number of ARGO 19?
- The company number of ARGO 19 is 0849.787.702. The VAT number is the same number with BE in front: BE 0849.787.702.
- Where is ARGO 19 based?
- The registered office is at Waterloosesteenweg 984, 1180 Uccle.Company details
- What does ARGO 19 do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of ARGO 19?
- ARGO 19 is a private limited company (BV).
- When was ARGO 19 founded?
- ARGO 19 was founded on 22-10-2012.
- Is ARGO 19 still active?
- Yes, ARGO 19 is an active enterprise in the KBO register.
- How many employees does ARGO 19 have?
- ARGO 19 had an average of 7.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ARGO 19?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €132,283 and 79 comparable companies (NACE 56112). It probably lies between €300,000 and €510,000.
- Is ARGO 19 profitable?
- In financial year 2025, ARGO 19 made a profit of €1,397.
- Where can I find the annual accounts of ARGO 19?
- ARGO 19 filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARGO 19 due?
- ARGO 19 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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