ARM.CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of ARM.CONSTRUCT is 3.8% (moderate). The 2024 annual accounts show negative equity (€-12k) and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+84
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.54 in 2023; short-term debt: 158.3% and cash: 44.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-58.3%
Return on assets
12.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
68 d late
2022
57 d late
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-12k▲ 17.2%
2023 · €-14k
2021: €15k
2022: €22k
2023: €-14k
2021 → 2024
Total assets
€20k▼ 20.9%
2023 · €25k
2021: €97k
2022: €41k
2023: €25k
2021 → 2024
Net result
€2k
2023 · €-36k
2021: €8k
2022: €7k
2023: €-36k
2021 → 2024
Working capital
€-16k▲ 14.2%
2023 · €-18k
2021: €11k
2022: €16k
2023: €-18k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€15k-€22k▲ 49.8%€-14k€-12k▲ 17.2%
Operating result€10k-€10k▲ 1.9%€-35k€3k
Net result€8k-€7k▼ 4.9%€-36k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €35k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€4k▼ 4.5%
Current assets
€16k▼ 24.2%
Key figures and ratios
EBITDA
€5k▲
2023 · €-33k
Cash flow
€5k▲
2023 · €-34k
Solvency
-58.3%▼
2023 · -55.7%
Current ratio
0.50▼
2023 · 0.54
Quick ratio
0.50▼
2023 · 0.54
Debt / equity
-2.71▲
2023 · -2.80
ROA
12.1%▲
2023 · -142.1%
Interest coverage
8.24▲
2023 · -40.88
Debt
€32k▼
2023 · €40k
Debt ≤ 1 year
€32k▼
2023 · €40k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€25k€20k▼
Formation expenses20€0€0=
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€387€77▼
Financial fixed assets28€2k€2k=
Current assets29/58€21k€16k▼
Amounts receivable within one year40/41€20k€7k▼
Trade receivables40€17k-
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€923€9k▲
Equity and liabilities
Total equity and liabilities10/49€25k€20k▼
Equity10/15€-14k€-12k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€-21k€-19k▲
Amounts payable17/49€40k€32k▼
Amounts payable within one year42/48€40k€32k▼
Trade debts44€21k€12k▼
Suppliers440/4€21k€12k▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€12k€17k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€843▼
Gross operating margin9900€-32k€6k▲
Operating profit (loss)9901€-35k€3k▲
Financial income75/76B€43-
Recurring financial income75€43-
Financial charges65/66B€813€624▼
Recurring financial charges65€813€624▼
Profit (loss) for the period before taxes9903€-36k€2k▲
Profit (loss) for the period9904€-36k€2k▲
Profit (loss) for the period to be appropriated9905€-36k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-19k▲
Profit (loss) brought forward from the previous period14P€15k€-21k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-36k ▼595%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2021
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.
Steenweg op Brussel 3201780 WemmelGround area
308 m²
Building footprint
90 m²
Volume, LiDAR
541 m³
Parcel 22662B0414/00P000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARM.CONSTRUCT
since 20212.316.683.563
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0414/00P000 | Flanders | 308 m² | 1 · 90 m² | 10.5 m · 3 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,332 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2021
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43240Other construction installation
43299Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:arm-construct@outlook.be