ARMA Projects

Active

Private limited companyfounded 20224 yrs activeFrançois Stroobantstraat 6, 1050 Elsene, BelgiumKBO/BCE: BE 0785.385.640

Summary

The computed 12-month bankruptcy probability of ARMA Projects is 3.5% (moderate). The 2025 annual accounts show negative equity (€-7k) and a net result of €-842. Equity is shrinking by ~72.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 3489 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

ARMA ProjectsActiveChecked score 26/100

Risk analysis Report Compare

Checked score

Score 2025

26 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0=

Growth58=

Track record94

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

balance sheet total too small for a liquidity verdict, and equity is negative.

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 2025

Age of the figures

9 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 74

Relative position

BE, all sectors

reference

Other professional, scientific and technical activities (NACE 74)

about 48% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-7k

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 4 filings

Deviation from the deadline

2025

24 d late

2024

2 d early

2023

19 d early

2022

49 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-7k▼ 14.1%

2024 · €-6k

2022: €-499highest in 4 years 2023: €-718▼ -43.7% vs 2022 2024: €-6k▼ -731% vs 2023 2025: €-7k▼ -14.1% vs 2024lowest in 4 years

2022 → 2025

Total assets

€89▼ 97.5%

2024 · €4k

2022: €16khighest in 4 years 2023: €12k▼ -23.3% vs 2022 2024: €4k▼ -71.0% vs 2023 2025: €89▼ -97.5% vs 2024lowest in 4 years

2022 → 2025

Net result

€-842▲ 83.9%

2024 · €-5k

2022: €-5klowest in 4 years 2023: €-218▲ +96.0% vs 2022highest in 4 years 2024: €-5k▼ -2301% vs 2023 2025: €-842▲ +83.9% vs 2024

2022 → 2025

Working capital

€-6k▼ 872%

2024 · €-643

2022: €-2k 2023: €-3k▼ -18.1% vs 2022 2024: €-643▲ +75.8% vs 2023highest in 4 years 2025: €-6k▼ -872% vs 2024lowest in 4 years

2022 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€-499-€-718▼ 43.7%€-6k▼ 731%€-7k▼ 14.1% 2022: €-499highest in 4 years 2023: €-718▼ -43.7% vs 2022 2024: €-6k▼ -731% vs 2023 2025: €-7k▼ -14.1% vs 2024lowest in 4 years

Operating result€-5k-€254€-792€-1k▼ 29.4% 2022: €-5klowest in 4 years 2023: €254▲ +105% vs 2022highest in 4 years 2024: €-792▼ -412% vs 2023 2025: €-1k▼ -29.4% vs 2024

Net result€-5k-€-218▲ 96.0%€-5k▼ 2,301%€-842▲ 83.9% 2022: €-5klowest in 4 years 2023: €-218▲ +96.0% vs 2022highest in 4 years 2024: €-5k▼ -2301% vs 2023 2025: €-842▲ +83.9% vs 2024

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €1k in 2025 against €792 in 2024; the loss grows.

Key figures and ratios

2025 value · change against 2024

Debt

€7k▼

2024 · €10k

Debt ≤ 1 year

€6k▲

2024 · €4k

Debt > 1 year

€555▼

2024 · €5k

Ratios withheld: a balance sheet total of €89 is too small for a meaningful ratio.

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines

Balance sheet Code20242025

Assets

Total assets20/58€4k€89▼

Current assets29/58€4k€89▼

Amounts receivable within one year40/41€4k€35▼

Other amounts receivable41€4k€35▼

Cash at bank and in hand54/58€83€54▼

Equity and liabilities

Total equity and liabilities10/49€4k€89▼

Equity10/15€-6k€-7k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€-11k€-12k▼

Amounts payable17/49€10k€7k▼

Amounts payable after more than one year17€5k€555▼

Financial debts170/4€5k€555▼

Amounts payable within one year42/48€4k€6k▲

Current portion of amounts payable after more than one year42€3k€4k▲

Trade debts44€387-

Suppliers440/4€387-

Other amounts payable47/48€458€3k▲

Income statement Code20242025

Other operating charges640/8€387€400▲

Gross operating margin9900€-405€-626▼

Operating profit (loss)9901€-792€-1k▼

Financial income75/76B€30€458▲

Recurring financial income75€30€458▲

Non-recurring financial income76B-€458

Financial charges65/66B€4k€274▼

Recurring financial charges65€4k€274▼

Profit (loss) for the period before taxes9903€-5k€-842▲

Profit (loss) for the period9904€-5k€-842▲

Profit (loss) for the period to be appropriated9905€-5k€-842▲

Appropriation of the result

Profit (loss) to be appropriated9906€-11k€-12k▼

Profit (loss) brought forward from the previous period14P€-6k€-11k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2022	2023	2024	2025	Change
Goods, raw materials, services and sundry goods60/61	€2k	€2k	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€3k	€3k	-	-	-
Other operating charges640/8	€348	€384	€387	€400	▲ 3.2%
Gross operating margin9900	€-2k	€4k	€-405	€-626	▼ 54.6%
Operating profit (loss)9901	€-5k	€254	€-792	€-1k	▼ 29.4%
Financial income75/76B	-	-	€30	€458	▲ 1,401%
Recurring financial income75	-	-	€30	€458	▲ 1,401%
Non-recurring financial income76B	-	-	-	€458	-
Financial charges65/66B	€288	€472	€4k	€274	▼ 93.9%
Recurring financial charges65	€288	€472	€4k	€274	▼ 93.9%
Profit (loss) for the period before taxes9903	€-5k	€-218	€-5k	€-842	▲ 83.9%
Profit (loss) for the period9904	€-5k	€-218	€-5k	€-842	▲ 83.9%
Profit (loss) for the period to be appropriated9905	€-5k	€-218	€-5k	€-842	▲ 83.9%

Line	2022	2023	2024	2025	Change
Assets
Total assets20/58	€16k	€12k	€4k	€89	▼ 97.5%
Fixed assets21/28	€14k	€11k	-	-	-
Tangible fixed assets22/27	€14k	€11k	-	-	-
Furniture and vehicles24	€14k	€11k	-	-	-
Current assets29/58	€2k	€2k	€4k	€89	▼ 97.5%
Amounts receivable within one year40/41	€2k	€1k	€4k	€35	▼ 99.0%
Trade receivables40	€200	-	-	-	-
Other amounts receivable41	€2k	€1k	€4k	€35	▼ 99.0%
Cash at bank and in hand54/58	€550	€297	€83	€54	▼ 35.2%
Equity and liabilities
Total equity and liabilities10/49	€16k	€12k	€4k	€89	▼ 97.5%
Equity10/15	€-499	€-718	€-6k	€-7k	▼ 14.1%
Contributions10/11	€5k	€5k	€5k	€5k	=
Profit (loss) carried forward14	€-5k	€-6k	€-11k	€-12k	▼ 7.7%
Amounts payable17/49	€17k	€13k	€10k	€7k	▼ 27.9%
Amounts payable after more than one year17	€12k	€9k	€5k	€555	▼ 89.6%
Financial debts170/4	€12k	€9k	€5k	€555	▼ 89.6%
Amounts payable within one year42/48	€5k	€4k	€4k	€6k	▲ 49.5%
Current portion of amounts payable after more than one year42	€3k	€3k	€3k	€4k	▲ 3.6%
Trade debts44	€242	-	€387	-	-
Suppliers440/4	€242	-	€387	-	-
Other amounts payable47/48	€1k	€1k	€458	€3k	▲ 517%

Line	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€-5k	€-218	€-5k	€-842	▲ 83.9%
+ Depreciation and write-downs630	€3k	€3k	-	-	-
Operating cash flow (approximation)	€-3k	€3k	€-5k	€-842	▲ 83.9%
Investment in fixed assets (approximation)	-	€0	-	-	-
Change in cash	-	€-253	€-214	€-29	▲ 86.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 4Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 24 days late

2025

29-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

12-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

12-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

NBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Elsene · 1 establishment unit since 2022

seat establishment The establishment unit on the map

Ground area

408 m²

Building footprint

191 m²

Volume, LiDAR

2,703 m³

Parcel 21447B0306/00E036, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.

4 companies at this address See who is registered here

1 establishment unit

ARMA Projects

François Stroobantstraat 6, 1050 ElsenePre-press and pre-media services

since 20222.330.762.520

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21447B0306/00E036 ProtectedSite or landscapeBoom: Rode beuk (Fagus sylvatica f.purpurea)Source ↗	Brussels	408 m²	1 · 191 m²	19.5 m · 5 fl.

Linked by address, not proof of ownership

Good to know

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

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

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,293 companies in sector 74120 we hold annual accounts for 1,011. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded25-04-2022

Fiscal year end31-12

Activities, NACEBEL 2025

74120Graphic design and visual communication

Scores and ratios are computed by Checked and are not a credit decision.