ARGO Development
Annual accounts 2025
micro format, filed on 29-01-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €53,000 and €230,000.
Balance sheet
balance sheet total €55,461 on 30-06-2025in euro
in euro
Position in the sector
79.0%
Higher than 76% of 39,368 companies in 2025.
4.44
Higher than 75% of 38,051 companies in 2025.
24.8%
Higher than 65% of 38,523 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
55,461 | 40,244 | 26,064 | |
21/28 |
3,700 | 4,470 | 2,333 | |
22/27 |
2,050 | 2,820 | 683 | |
24 |
2,050 | 2,820 | 683 | |
28 |
1,650 | 1,650 | 1,650 | |
29/58 |
51,760 | 35,774 | 23,731 | |
29 |
10,900 | 5,500 | - | |
291 |
10,900 | 5,500 | - | |
40/41 |
10,465 | 10,083 | 10,351 | |
40 |
10,465 | 10,083 | 10,351 | |
54/58 |
30,395 | 20,191 | 13,380 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
55,461 | 40,244 | 26,064 | |
10/15 |
43,798 | 30,065 | 15,728 | |
10/11 |
2,000 | 2,000 | 2,000 | |
14 |
41,798 | 28,065 | 13,728 | |
17/49 |
11,662 | 10,179 | 10,336 | |
42/48 |
11,662 | 10,179 | 10,336 | |
44 |
1,380 | 371 | - | |
440/4 |
1,380 | 371 | - | |
45 |
9,207 | 9,086 | 8,937 | |
450/3 |
9,207 | 9,086 | 8,937 | |
47/48 |
1,076 | 722 | 1,399 | |
| Income statement | ||||
9900 |
24,489 | 21,132 | 23,177 | |
630 |
769 | 550 | 13 | |
640/8 |
4,507 | 541 | 4,896 | |
9901 |
19,212 | 20,041 | 18,268 | |
75/76B |
327 | 135 | - | |
75 |
327 | 135 | - | |
65/66B |
1,316 | 866 | 467 | |
65 |
1,316 | 866 | 467 | |
9903 |
18,223 | 19,310 | 17,801 | |
67/77 |
4,489 | 4,973 | 4,073 | |
9904 |
13,734 | 14,337 | 13,728 | |
9905 |
13,734 | 14,337 | 13,728 | |
| Appropriation of the result | ||||
9906 |
41,798 | 28,065 | 13,728 | |
14P |
28,065 | 13,728 | - | |
| Document | ||||
The notes to these accounts have 5 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 2025 (PDF), filed on 29-01-2026.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 19,981 | 20,591 | 18,281 | ||
| 14,503 | 14,887 | 13,741 | ||
| -0 | 2,687 | 2,346 | ||
| 10,204 | 6,811 | - | ||
| 40,098 | 25,595 | 13,395 | ||
| 79.0% | 74.7% | 60.3% | ||
| 4.44 | 3.51 | 2.30 | ||
| 0.27 | 0.34 | 0.66 | ||
| 31.4% | 47.7% | 87.3% | ||
| 24.8% | 35.6% | 52.7% | ||
| 15.18 | 23.78 | 39.15 |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Tangible fixed assets | - | €2,687 | €696 |
| Financial fixed assets | - | - | €1,650 |
| €769 | €550 | €13 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ARGO Development
The operating result for 2025 is 4% lower than in 2024.
Debt's share of the balance-sheet total falls from 25.3% to 21.0%. Equity and debt are higher.