ARGON Measuring Solutions
ActiveARGON Measuring Solutions has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €483k and a net result of €57k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 432 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-32
Solvency42▼-31
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 4.41 in 2024; short-term debt: 33.3% and cash: 8.9% of total assets), but 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.1%
Return on assets
2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 432 sector peers (2025).
NBB · sector comparisonPosition among 432 sector peers
Solvency
better than 24%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
35 d early
2023
113 d early
2022
26 d early
2021
11 d early
2020
108 d early
2019
46 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57k▼ 91.1%
2024 · €644k
2018: €56k
2019: €-145k
2020: €164k
2021: €-304k
2022: €40k
2023: €572k
2024: €644k
2018 → 2025
Working capital
€826k▼ 60.7%
2024 · €2.10M
2018: €610k
2019: €319k
2020: €476k
2021: €437k
2022: €297k
2023: €1.23M
2024: €2.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€353k-€393k▲ 11.2%€965k▲ 145%€1.61M▲ 66.7%€483k▼ 70.0%
Operating result€-273k-€71k€601k▲ 750%€639k▲ 6.4%€110k▼ 82.8%
Net result€-304k-€40k€572k▲ 1,340%€644k▲ 12.6%€57k▼ 91.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.82M
Fixed assets
€1.06M▲ 59.3%
Current assets
€1.77M▼ 34.9%
Equity and liabilities €2.82M
Equity
€483k▼ 70.0%
Debt
€2.34M▲ 32.3%
The debt ratio rises from 52.4% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€310k▼
2024 · €756k
Cash flow
€257k▼
2024 · €760k
Solvency
17.1%▼
2024 · 47.6%
Current ratio
1.88▼
2024 · 4.41
Quick ratio
1.59▼
2024 · 3.76
Debt / equity
4.85▲
2024 · 1.10
ROE
11.8%▼
2024 · 40.0%
ROA
2.0%▼
2024 · 19.1%
Interest coverage
4.78▼
2024 · 24.04
Debt
€2.34M▲
2024 · €1.77M
Debt ≤ 1 year
€941k▲
2024 · €615k
Debt > 1 year
€623k▲
2024 · €245k
Income taxes
€-5k▼
2024 · €15k
Staff costs
€1.60M▲
2024 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.38M€2.82M▼
Fixed assets21/28€664k€1.06M▲
Intangible fixed assets21€7k€286k▲
Tangible fixed assets22/27€617k€729k▲
Plant, machinery and equipment23€158k€177k▲
Furniture and vehicles24€53k€52k▼
Leasing and similar rights25€407k€495k▲
Other tangible fixed assets26-€4k
Financial fixed assets28€40k€42k▲
Current assets29/58€2.71M€1.77M▼
Stocks and contracts in progress3€401k€269k▼
Contracts in progress37€401k€269k▼
Amounts receivable within one year40/41€1.23M€1.11M▼
Trade receivables40€1.16M€1.07M▼
Other amounts receivable41€68k€38k▼
Current investments50/53€150k€0▼
Cash at bank and in hand54/58€840k€252k▼
Deferred charges and accrued income490/1€94k€135k▲
Equity and liabilities
Total equity and liabilities10/49€3.38M€2.82M▼
Equity10/15€1.61M€483k▼
Contributions10/11€387k€387k=
Capital10€387k€387k=
Issued capital100€387k€387k=
Reserves13€39k€39k=
Non-distributable reserves130/1€39k€39k=
Legal reserve130€39k€39k=
Profit (loss) carried forward14€1.18M€57k▼
Amounts payable17/49€1.77M€2.34M▲
Amounts payable after more than one year17€245k€623k▲
Financial debts170/4€245k€623k▲
Amounts payable within one year42/48€615k€941k▲
Current portion of amounts payable after more than one year42€91k€238k▲
Trade debts44€297k€526k▲
Suppliers440/4€297k€526k▲
Taxes, remuneration and social security45€227k€176k▼
Taxes450/3€15k€0▼
Remuneration and social security454/9€212k€176k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€909k€777k▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€1.37M€1.60M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€200k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€15k€48▼
Gross operating margin9900€2.14M€1.91M▼
Operating profit (loss)9901€639k€110k▼
Financial income75/76B€59k€7k▼
Recurring financial income75€59k€7k▼
Financial charges65/66B€39k€65k▲
Recurring financial charges65€31k€65k▲
Non-recurring financial charges66B€8k€0▼
Profit (loss) for the period before taxes9903€659k€52k▼
Income taxes67/77€15k€-5k▼
Profit (loss) for the period9904€644k€57k▼
Profit (loss) for the period to be appropriated9905€644k€57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.22M€1.24M▲
Profit (loss) brought forward from the previous period14P€572k€1.18M▲
Transfer from equity791/2€0€1.18M▲
Transfer to equity691/2€32k€1.18M▲
To the legal reserve6920€32k€0▼
To other reserves6921-€1.18M
Profit to be distributed694/7-€1.18M
Return on contributions (dividend)694-€1.18M
Social balance
Average headcount (FTE)908715.318.6▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €644k ▲12.6%
Operating result €639k, net result €644k, both a record.
31-12
Financial
Equity above €1MEq €1.61M ▲66.7%
3 profitable years in a row build equity to €1.61M.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.17
Current ratio from 1.31 to 3.17; short-term debt falls from €953k to €565k.
31-12
Financial
Equity above €500kEq €965k ▲145%
2 profitable years in a row build equity to €965k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-304k ▼285%
Net result drops to €-304k, the lowest in the series; recovery starts the following year.
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €164k
Net result €164k after one loss-making year.
31-12
Financial
Equity above €500kEq €658k ▲33.2%
Equity rises from €494k to €658k.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 91 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Technologielaan 93001 LeuvenGround area
4,806 m²
Building footprint
1,398 m²
Volume, LiDAR
5,362 m³
Parcel 24514C0036/00E000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Argon Measuring Solutions
since 20042.136.321.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0036/00E000 | Flanders | 4,806 m² | 1 · 1,398 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 478,761 EUR awarded · 351,984 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 73,327 EUR | 183,212 EUR |
| 2024 | 3 | 397,493 EUR | 160,831 EUR |
| 2023 | 1 | 2,991 EUR | 2,991 EUR |
| 2022 | 1 | 4,950 EUR | 4,950 EUR |
Schemes
Ontwikkelingsproject
O&O-haalbaarheidsstudie
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Federal government
2025 · 1 entry · 100,000 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | Defensie | 1 | 100,000 EUR |
Budget allocations
Inkomensoverdracht R&D naar bedrijven
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Of 1,189 companies in sector 77399 we hold annual accounts for 710. 500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-03-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71340
74142
77399Renting and leasing of other machinery, equipment and tangible goods
71121Engineering and related technical consultancy, excluding land surveyors
74203
80424
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.