Armajulo
ActiveArmajulo has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489k and a net result of €30k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+13
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 31.58 against 32.57 in 2024), and 3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97%
Return on assets
5.9%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-03-2026, 150 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
150 d early
2024
77 d early
2023
132 d early
2022
123 d early
2021
123 d early
2020
89 d early
2019
149 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€489k▲ 6.5%
2024 · €459k
2018: €407k
2019: €385k
2020: €403k
2021: €419k
2022: €427k
2023: €442k
2024: €459k
2018 → 2025
Total assets
€504k▲ 6.9%
2024 · €471k
2018: €653k
2019: €594k
2020: €525k
2021: €448k
2022: €449k
2023: €450k
2024: €471k
2018 → 2025
Net result
€30k▲ 78.0%
2024 · €17k
2018: €54k
2019: €53k
2020: €53k
2021: €16k
2022: €8k
2023: €18k
2024: €17k
2018 → 2025
Working capital
€455k▲ 17.0%
2024 · €389k
2018: €70k
2019: €250k
2020: €252k
2021: €249k
2022: €283k
2023: €336k
2024: €389k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€419k-€427k▲ 1.9%€442k▲ 3.6%€459k▲ 3.8%€489k▲ 6.5%
Operating result€24k-€12k▼ 49.3%€26k▲ 111%€24k▼ 6.9%€46k▲ 87.3%
Net result€16k-€8k▼ 49.0%€18k▲ 127%€17k▼ 6.5%€30k▲ 78.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 87% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €504k
Fixed assets
€34k▼ 51.8%
Current assets
€470k▲ 17.1%
Equity and liabilities €504k
Equity
€489k▲ 6.5%
Debt
€15k▲ 20.8%
The debt ratio rises from 2.6% to 3.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€82k▲
2024 · €61k
Cash flow
€66k▲
2024 · €53k
Solvency
97.0%▼
2024 · 97.4%
Current ratio
31.58▼
2024 · 32.57
Quick ratio
31.58▼
2024 · 32.57
Debt / equity
0.03▲
2024 · 0.03
ROE
6.1%▲
2024 · 3.7%
ROA
5.9%▲
2024 · 3.6%
Interest coverage
56.18▼
2024 · 107.99
Debt
€15k▲
2024 · €12k
Debt ≤ 1 year
€15k▲
2024 · €12k
Income taxes
€15k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€471k€504k▲
Fixed assets21/28€70k€34k▼
Tangible fixed assets22/27€70k€34k▼
Land and buildings22€58k€25k▼
Furniture and vehicles24€12k€9k▼
Financial fixed assets28€45€45=
Current assets29/58€401k€470k▲
Amounts receivable within one year40/41€19k€48k▲
Trade receivables40€7k€24k▲
Other amounts receivable41€12k€25k▲
Current investments50/53€183k€337k▲
Cash at bank and in hand54/58€191k€82k▼
Deferred charges and accrued income490/1€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€471k€504k▲
Equity10/15€459k€489k▲
Contributions10/11€19k€19k=
Reserves13€222k€252k▲
Distributable reserves133€222k€252k▲
Profit (loss) carried forward14€219k€219k=
Amounts payable17/49€12k€15k▲
Amounts payable within one year42/48€12k€15k▲
Financial debts43-€55
Credit institutions430/8-€55
Trade debts44€7k€12k▲
Suppliers440/4€7k€12k▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€36k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€65k€86k▲
Operating profit (loss)9901€24k€46k▲
Financial income75/76B€401€1k▲
Recurring financial income75€401€1k▲
Financial charges65/66B€565€1k▲
Recurring financial charges65€565€1k▲
Profit (loss) for the period before taxes9903€24k€45k▲
Income taxes67/77€7k€15k▲
Profit (loss) for the period9904€17k€30k▲
Profit (loss) for the period to be appropriated9905€17k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€235k€248k▲
Profit (loss) brought forward from the previous period14P€219k€219k=
Transfer to equity691/2€17k€30k▲
To other reserves6921€17k€30k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
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
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 41.86
Current ratio from 13.54 to 41.86; short-term debt falls from €23k to €8k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €8k ▼49%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 9.60
Current ratio from 4.39 to 9.60; short-term debt falls from €74k to €29k.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
CORLUY Katrien
CurrentDirector · since 13-02-2023
13-02-2023
Appointed as Director
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 2000
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.
Duivelshoek 142861 Sint-Katelijne-WaverGround area
7,669 m²
Building footprint
248 m²
Volume, LiDAR
1,677 m³
Parcel 12027D0342/00D000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Armajulo
since 20002.225.831.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027D0342/00D000 | Flanders | 7,669 m² | 1 · 248 m² | 9.9 m · 2 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.
Similar companies · same sector, comparable size
YK CONSULTING & TRAINING
BE 0736.762.015
Sint-Niklaas · Eq €489k
MAMMUT CONSULT
BE 0806.189.863
Rumst · Eq €489k
FCLE INVEST
BE 0757.641.165
Namur · Eq €489k
BIOFINANCE CONSULTING
BE 0538.900.029
Chaudfontaine · Eq €489k
KADEE Management
BE 0788.571.990
Lummen · Eq €489k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 34,726 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2001
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
69109Other legal services
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.