WP Query – Is this correct?

I am guessing but based on your choice of placeholder names in the code above…

$args = array(
  'meta_key' => 'myvalue',
  'orderby' => 'meta_value_num',
  'order' => 'DESC' 
);

… your meta_key argument is wrong. That is the meta key not the meta value as your naming convention suggests.

meta_key (string) – Custom field key.

http://codex.wordpress.org/Class_Reference/WP_Query#Custom_Field_Parameters

Replace query_posts with a new WP_Query object or use a filter on pre_get_posts to alter the main query. This site is full of examples for both. Even the Codex tells you not to use this function:

Note: This function isn’t meant to be used by plugins or themes.

http://codex.wordpress.org/Function_Reference/query_posts

If that doesn’t help then you are going to have to provide more information, but my guess would be that your meta_value isn’t numeric but has other things as well– punctuation, letters, something.

Based on the updated code, I am pretty sure that what you want is thsi:

$args = array(
  'posts_per_page' => 10,
  'order' => 'DESC',
  'paged' => $paged,
  'meta_key' => 'likes_count',
  'orderby' => 'meta_value_num'
);