Active BE 0436.939.072Private limited companyOpen bankruptcy

A.R.M.

Belcrownlaan 5 ·2100 Antwerpen, Belgium· 37 yrs active

Sector: Specialised construction (43230)

Conclusion Checked

A bankruptcy procedure is open for A.R.M. according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-530k) and a net result of €-43k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-530k
Net result	€-43k
Staff (FTE)	9.2
Better than sector	8%

Snowflake analysis 5 axes · computed by Checked

22 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 41

Solvency 37

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-08-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 43 — Specialised construction · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-46.8%	19.1%	better than 8% of 76 sector peers
Net result	€-43k	€31k	better than 9% of 76 sector peers
Equity	€-530k	€76k	better than 5% of 76 sector peers
Gross operating margin	€581k	€189k	better than 74% of 76 sector peers
Staff costs	€567k	€271k	higher than 72% of 49 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€7k

— 18–22

Net profit

€-43k

+93.3% 18–22

Cash flow

€-37k

+94.1% 18–22

Total assets

€1.13M

+130.0% 18–22

Equity

€-530k

-8.9% 18–22

Working capital

€-543k

-7.5% 18–22

Employees (FTE)

9

+4.5% 18–22

Staff costs

€567k

+22.1% 18–22

Income taxes

€0

— 18–22

Debt

€1.66M

+69.8% 18–22

Debt ≤ 1y

€1.66M

+73.5% 18–22

Debt > 1y

€690

-96.2% 18–22

Current ratio

0.67

+42.5% 18–22

Quick ratio

0.41

-13.9% 18–22

Solvency

-46.8%

+52.7% 18–22

Debt / equity

-3.14

-56.0% 18–22

ROE

8.2%

-93.9% 18–22

ROA

-3.8%

+97.1% 18–22

Interest coverage

0.16

— 18–22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	—
EBITDA	€7k
Net profit	€-43k
Cash flow	€-37k
Staff costs	€567k
Income taxes	€0
Dividends	—
Total assets	€1.13M
Equity	€-530k
Debt	€1.66M
of which ≤ 1y	€1.66M
of which > 1y	€690
Working capital	€-543k
Employees (FTE)	9.2

Ratios (computed)

	2022
Current ratio	0.67
Quick ratio	0.41
Working capital ratio	-47.9%
Solvency	-46.8%
Debt / equity	-3.14
Long-term debt ratio	0.00
Interest coverage	0.16
Gross margin	—
Net margin	—
ROA	-3.8%
ROE	8.2%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2022

Assets

Fixed assets €15k · 1.3% Current assets €1.12M · 98.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet — Assets
TOTAL ASSETS	20/58	€1.13M
Fixed assets	21/28	€15k
Tangible fixed assets	22/27	€11k
Financial fixed assets	28	€4k
Current assets	29/58	€1.12M
Stocks & contracts in progress	3	€443k
Amounts receivable within one year	40/41	€584k
Cash & bank	54/58	€91k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.13M
Equity	10/15	€-530k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-536k
Amounts payable	17/49	€1.66M
Amounts payable after one year	17	€690
Amounts payable within one year	42/48	€1.66M
Trade debts payable within one year	44	€1.33M
Income statement
Gross operating margin	9900	€581k
Operating result	9901	€367
Financial income	75	€9
Financial charges	65	€44k
Result before taxes	9903	€-43k
Income taxes	67/77	€0
Net result for the period	9904	€-43k
Result to be appropriated	9905	€-43k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	GREGORY WILKIN LANGE LOZANASTRAAT 262, 2018 ANTWERPEN 1 ↔ Also on 97 other cases	27-02-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Specialised construction(43230)
Legal form	Private limited company(610)
Incorporation	07-03-1989
Status	Active
Postal code	2100
First BS signal	05-03-2025
Latest BS signal	05-03-2025

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

A.R.M.

Belcrownlaan 5, 2100 AntwerpenKleinhandel in onderdelen en accessoires van auto's inclusief de kleinhandel in tweedehands onderdelen

since 19892.042.902.845

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11012A0148/00X000	Flanders	1.5 ha	1 · 1.1 ha	42.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

05-03-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · A.R.M. BV BELCROWNLAAN 5, 2100 DEURNE (ANTWERPEN) · event 27-02-2025

2023

31-08-2023