ARMAITTI

Active

Private limited companyfounded 20233 yrs activeBoondaalse Steenweg 484, 1050 Elsene, BelgiumKBO/BCE: BE 0797.799.066

Summary

The computed 12-month bankruptcy probability of ARMAITTI is 4.7% (elevated). The annual accounts of ARMAITTI for fiscal year 2024 show a net loss of 76% of the equity at the start of that year. The 2024 annual accounts show equity of €953 and a net result of €-3k. Its solvency ranks better than 41% of 6162 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

ARMAITTIActiveChecked score 33/100

Risk analysis Report Compare

Checked score

Score 2024

33 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-36

Solvency39▼-20

Growth32

Track record94

Bankruptcy probability, 12 months

4.7% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.16 against 1.52 in 2023; short-term debt: 86.3% and cash: 95.5% of total assets), and 86.3% of the assets are financed with debt.

Credit check for your own amount and term

Signals

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

+raises risk○neutral

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

Higher-failure-rate region

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

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

13.7%

Return on assets

-42.9%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2025, 25 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

25 d early

2023

27 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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 2024, micro schema

Equity

€953▼ 75.8%

2023 · €4k

2023: €4k 2024: €953▼ -75.8% vs 2023

2023 → 2024

Total assets

€7k▼ 39.5%

2023 · €12k

2023: €12k 2024: €7k▼ -39.5% vs 2023

2023 → 2024

Net result

€-3k▼ 4,812%

2023 · €-61

2023: €-61 2024: €-3k▼ -4812% vs 2023

2023 → 2024

Working capital

€953▼ 75.8%

2023 · €4k

2023: €4k 2024: €953▼ -75.8% vs 2023

2023 → 2024

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€4k-€953▼ 75.8% 2023: €4k 2024: €953▼ -75.8% vs 2023

Operating result€391-€-1k 2023: €391 2024: €-1k▼ -375% vs 2023

Net result€-61-€-3k▼ 4,812% 2023: €-61 2024: €-3k▼ -4812% vs 2023

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €1k after €391 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €7k

13.7%

86.3%

Equity €953 ▼ 75.8%

Debt €6k ▼ 20.6%

Debt's share of the balance-sheet total rises from 65.8% to 86.3%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

Current ratio

1.16▼

2023 · 1.52

ROA

-42.9%▼

2023 · -0.5%

Debt ≤ 1 year

€6k▼

2023 · €8k

Income taxes

€13

Staff costs

€37k▲

2023 · €36k

Equity ratios withheld: equity of €953 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 · 2024 against 2023 · 30 lines

Balance sheet Code20232024

Assets

Total assets20/58€12k€7k▼

Current assets29/58€12k€7k▼

Amounts receivable within one year40/41€3k-

Trade receivables40€3k-

Cash at bank and in hand54/58€8k€7k▼

Deferred charges and accrued income490/1-€311

Equity and liabilities

Total equity and liabilities10/49€12k€7k▼

Equity10/15€4k€953▼

Contributions10/11€4k€4k=

Profit (loss) carried forward14€-61€-3k▼

Amounts payable17/49€8k€6k▼

Amounts payable within one year42/48€8k€6k▼

Trade debts44€223€1k▲

Suppliers440/4€223€1k▲

Taxes, remuneration and social security45€6k€4k▼

Taxes450/3€6k€4k▼

Remuneration and social security454/9€397-

Other amounts payable47/48€1k€680▼

Income statement Code20232024

Remuneration, social security and pensions62€36k€37k▲

Other operating charges640/8€61-

Gross operating margin9900€37k€36k▼

Operating profit (loss)9901€391€-1k▼

Financial charges65/66B€452€2k▲

Recurring financial charges65€452€2k▲

Profit (loss) for the period before taxes9903€-61€-3k▼

Income taxes67/77-€13

Profit (loss) for the period9904€-61€-3k▼

Profit (loss) for the period to be appropriated9905€-61€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-61€-3k▼

Profit (loss) brought forward from the previous period14P-€-61

The notes to these accounts (1 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	2023	2024	Change
Remuneration, social security and pensions62	€36k	€37k	▲ 1.7%
Other operating charges640/8	€61	-	-
Gross operating margin9900	€37k	€36k	▼ 2.5%
Operating profit (loss)9901	€391	€-1k	▼ 375%
Financial charges65/66B	€452	€2k	▲ 320%
Recurring financial charges65	€452	€2k	▲ 320%
Profit (loss) for the period before taxes9903	€-61	€-3k	▼ 4,792%
Income taxes67/77	-	€13	-
Profit (loss) for the period9904	€-61	€-3k	▼ 4,812%
Profit (loss) for the period to be appropriated9905	€-61	€-3k	▼ 4,812%

Line	2023	2024	Change
Assets
Total assets20/58	€12k	€7k	▼ 39.5%
Current assets29/58	€12k	€7k	▼ 39.5%
Amounts receivable within one year40/41	€3k	-	-
Trade receivables40	€3k	-	-
Cash at bank and in hand54/58	€8k	€7k	▼ 17.1%
Deferred charges and accrued income490/1	-	€311	-
Equity and liabilities
Total equity and liabilities10/49	€12k	€7k	▼ 39.5%
Equity10/15	€4k	€953	▼ 75.8%
Contributions10/11	€4k	€4k	=
Profit (loss) carried forward14	€-61	€-3k	▼ 4,912%
Amounts payable17/49	€8k	€6k	▼ 20.6%
Amounts payable within one year42/48	€8k	€6k	▼ 20.6%
Trade debts44	€223	€1k	▲ 556%
Suppliers440/4	€223	€1k	▲ 556%
Taxes, remuneration and social security45	€6k	€4k	▼ 34.6%
Taxes450/3	€6k	€4k	▼ 29.9%
Remuneration and social security454/9	€397	-	-
Other amounts payable47/48	€1k	€680	▼ 52.9%

Line	2023	2024	Change
Profit (loss) for the period9904	€-61	€-3k	▼ 4,812%
Operating cash flow (approximation)	€-61	€-3k	▼ 4,812%
Change in cash	-	€-1k	-

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 2Filings 2

2025

06-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

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 2023

seat establishment The establishment unit on the map

Ground area

863 m²

Building footprint

189 m²

Volume, LiDAR

2,643 m³

2 parcels, Brussels · tallest building 16.3 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Armaitti

Gulden Vlieslaan 50, 1000 BrusselComputer programming, consultancy and related activities

since 20232.341.038.580

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21446F0005/00W002	Brussels	491 m²	1 · 189 m²	16.3 m · 5 fl.
21009A0368/00K002	Brussels	372 m²	-	-

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

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

Similar companies · same sector, comparable size

BE-ZEN

BE 1022.014.962

Chaumont-Gistoux · Eq €956

Cabinet de Massothérapie de l'Hocaille Epi-Cure

BE 0684.963.817

Ottignies-Louvain-la-Neuve · Eq €1k

Of 6,709 companies in sector 96230 we hold annual accounts for 627. 145 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded30-01-2023

Fiscal year end31-12

Activities, NACEBEL 2025

96230Day spas, saunas and steam baths

Contact

E-mail contact@armaitti.comBrussel

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