ARMAN BO1
ActiveSummary
ARMAN BO1 has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.48M and a net result of €-480k. Equity is growing by ~56% per year across the filed fiscal years. Its solvency ranks better than 84% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-12
Solvency100=
Growth48=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.58 in 2024; short-term debt: 9.7% and cash: 0% of total assets), and 20.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
79.1%
Return on assets
-4.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021232425
2018 to 2025 · latest year €-480k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
38 d early
2023
44 d early
2021
30 d early
2020
30 d early
2019
15 d early
2018
63 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€504k▲ 2.5%
2019 · €491k
2018: €488k
2019: €491k
2018 → 2020
EBIT margin
90.5%▲ 106.7pp
2019 · -16.2%
2018: -31.5%
2019: -16.2%
2018 → 2020
Net result
€-480k▼ 83.7%
2024 · €-261k
2018: €-213k
2019: €-132k
2020: €347k
2021: €-2k
2023: €104k
2024: €-261k
2018 → 2025
Working capital
€-574k▼ 1.2%
2024 · €-567k
2018: €-2.05M
2019: €-2.31M
2020: €-1.91M
2021: €-2.04M
2023: €-1.56M
2024: €-567k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€504k-
Equity€3.04M-€3.04M▼ 0.1%€8.11M▲ 167%€8.96M▲ 10.4%€8.48M▼ 5.4%
Operating result€456k-€25k▼ 94.4%€167k▲ 558%€-148k€-399k▼ 169%
Net result€347k-€-2k€104k€-261k€-480k▼ 83.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €399k in 2025 against €148k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.72M
Fixed assets
€10.25M ▼ 3.6%
Current assets
€464k ▼ 39.8%
Equity and liabilities €10.72M
Equity
€8.48M ▼ 5.4%
Provisions
€77k ▼ 6.1%
Debt
€2.16M ▼ 8.6%
Debt's share of the balance-sheet total falls from 20.7% to 20.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€182k▼
2024 · €385k
Cash flow
€101k▼
2024 · €272k
Current ratio
0.45▼
2024 · 0.58
Debt to equity
0.26▼
2024 · 0.26
ROE
-5.7%▼
2024 · -2.9%
ROA
-4.5%▼
2024 · -2.3%
Interest coverage
2.11▼
2024 · 3.28
Debt ≤ 1 year
€1.04M▼
2024 · €1.34M
Debt > 1 year
€976k▲
2024 · €903k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.41M€10.72M▼
Fixed assets21/28€10.64M€10.25M▼
Tangible fixed assets22/27€10.64M€10.25M▼
Land and buildings22€10.63M€10.25M▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€770k€464k▼
Amounts receivable within one year40/41€750k€460k▼
Trade receivables40€76k€285k▲
Other amounts receivable41€674k€174k▼
Cash at bank and in hand54/58€15k€169▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€11.41M€10.72M▼
Equity10/15€8.96M€8.48M▼
Contributions10/11€700k€700k=
Revaluation surpluses12€8.31M€8.05M▼
Reserves13€469k€716k▲
Tax-exempt reserves132€245k€230k▼
Distributable reserves133€224k€486k▲
Profit (loss) carried forward14€-523k€-988k▼
Provisions and deferred taxes16€82k€77k▼
Deferred taxes168€82k€77k▼
Amounts payable17/49€2.37M€2.16M▼
Amounts payable after more than one year17€903k€976k▲
Financial debts170/4€890k€964k▲
Other amounts payable178/9€13k€13k=
Amounts payable within one year42/48€1.34M€1.04M▼
Current portion of amounts payable after more than one year42€175k€109k▼
Financial debts43€713k€616k▼
Credit institutions430/8€713k€616k▼
Trade debts44€20k€35k▲
Suppliers440/4€20k€35k▲
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€20k€15k▼
Other amounts payable47/48€409k€262k▼
Accrued charges and deferred income492/3€127k€149k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€533k€581k▲
Other operating charges640/8€26k€42k▲
Gross operating margin9900€411k€224k▼
Operating profit (loss)9901€-148k€-399k▼
Financial income75/76B€359€0▼
Recurring financial income75€359€0▼
Financial charges65/66B€117k€86k▼
Recurring financial charges65€117k€86k▼
Profit (loss) for the period before taxes9903€-265k€-485k▼
Transfer from deferred taxes780€4k€5k▲
Profit (loss) for the period9904€-261k€-480k▼
Transfer from tax-exempt reserves789€12k€15k▲
Profit (loss) for the period to be appropriated9905€-250k€-465k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-523k€-988k▼
Profit (loss) brought forward from the previous period14P€-274k€-523k▼
The notes to these accounts (17 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
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-480k
Net result drops to €-480k, the lowest in the series.
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Back to profitnet €104k
Net result €104k after one loss-making year.
30-06
Financial
Equity above €5MEq €8.11M ▲167%
Equity rises from €3.04M to €8.11M.
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €347k
Net result €347k after 2 loss-making years.
31-12
Financial
Equity above €2MEq €3.04M ▲1137%
Equity rises from €246k to €3.04M.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
21 acts for this company are 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, Aalst
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.
Korte Zoutstraat 459300 AalstGround area
118 m²
Building footprint
82 m²
Volume, LiDAR
888 m³
Parcel 41002A1917/00_000, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A1917/00_000 | Flanders | 118 m² | 1 · 82 m² | 14.0 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 1,152 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2003
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.