ARGO Construct
Annual accounts 2024
micro format, filed on 30-09-2025, 61 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €25,000. Estimated: probably between €13,000 and €45,000.
Balance sheet
balance sheet total €113,109 on 31-12-2024in euro
in euro
Position in the sector
-20.6%
Higher than 8% of 9,833 companies in 2024.
0.47
Higher than 7% of 9,553 companies in 2024.
-9.2%
Higher than 14% of 9,646 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
113,109 | 156,043 | |
21/28 |
54,069 | 33,542 | |
22/27 |
54,069 | 33,542 | |
23 |
5,822 | - | |
24 |
48,246 | 33,542 | |
29/58 |
59,040 | 122,501 | |
40/41 |
53,447 | 120,967 | |
40 |
10,940 | 84,967 | |
41 |
42,507 | 36,000 | |
54/58 |
2,977 | 1,534 | |
490/1 |
2,616 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
113,109 | 156,043 | |
10/15 |
-23,277 | -12,881 | |
10/11 |
5,000 | 5,000 | |
14 |
-28,277 | -17,881 | |
17/49 |
136,385 | 168,924 | |
17 |
9,591 | 8,220 | |
170/4 |
9,591 | 8,220 | |
42/48 |
126,794 | 160,704 | |
42 |
12,306 | 5,990 | |
44 |
19,331 | 89,505 | |
440/4 |
19,331 | 89,505 | |
45 |
- | 3,569 | |
450/3 |
- | 3,569 | |
47/48 |
95,157 | 61,641 | |
| Income statement | |||
9900 |
2,058 | -13,773 | |
630 |
4,184 | 2,948 | |
640/8 |
10,170 | 531 | |
9901 |
-12,295 | -17,251 | |
75/76B |
3,365 | 2 | |
75 |
3,365 | 2 | |
65/66B |
1,465 | 631 | |
65 |
1,465 | 631 | |
9903 |
-10,396 | -17,881 | |
9904 |
-10,396 | -17,881 | |
9905 |
-10,396 | -17,881 | |
| Appropriation of the result | |||
9906 |
-28,277 | -17,881 | |
14P |
-17,881 | - | |
| Document | |||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 30-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| -8,111 | -14,304 | ||
| -6,212 | -14,933 | ||
| 43,044 | 36,490 | ||
| 1,443 | - | ||
| -67,754 | -38,203 | ||
| -20.6% | -8.3% | ||
| 0.47 | 0.76 | ||
| -9.2% | -11.5% | ||
| -5.54 | -22.66 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | €43,044 | €36,490 |
| €4,184 | €2,948 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on ARGO Construct
The operating result for 2024 is a loss of €12,295, smaller than the loss of €17,251 in 2023.
Equity is negative. Debt (€136,385) exceeds the balance-sheet total (€113,109).