ARMANICHISU
ActiveARMANICHISU has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €-15k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-67
Solvency89▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 3.25 in 2024; short-term debt: 33.4% and cash: 15.4% of total assets), and 35.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 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
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 2025Solvency, return and age of the figures
Solvency
64.3%
Return on assets
-12.2%
Age of the figures
9 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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
8 d early
2023
on the day
2022
on the day
2021
5 d early
2020
23 d late
2019
on the day
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▼ 16.0%
2024 · €95k
2018: €17k
2019: €9k
2020: €13k
2021: €63k
2022: €89k
2023: €88k
2024: €95k
2018 → 2025
Total assets
€124k▼ 10.9%
2024 · €140k
2018: €69k
2019: €57k
2020: €54k
2021: €123k
2022: €143k
2023: €127k
2024: €140k
2018 → 2025
Net result
€-15k
2024 · €8k
2018: €-1k
2019: €-8k
2020: €4k
2021: €50k
2022: €26k
2023: €-1k
2024: €8k
2018 → 2025
Working capital
€80k▼ 14.9%
2024 · €94k
2018: €7k
2019: €172
2020: €6k
2021: €57k
2022: €82k
2023: €82k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€89k▲ 40.9%€88k▼ 1.7%€95k▲ 8.8%€80k▼ 16.0%
Operating result€65k-€34k▼ 46.9%€-3k€15k€-15k
Net result€50k-€26k▼ 48.5%€-1k€8k€-15k
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 2025: a loss of €15k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€3k▼ 27.9%
Current assets
€121k▼ 10.4%
Equity and liabilities €124k
Equity
€80k▼ 16.0%
Debt
€44k=
The debt ratio rises from 31.8% to 35.7%. Equity is lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €17k
Cash flow
€-14k▼
2024 · €9k
Solvency
64.3%▼
2024 · 68.2%
Current ratio
2.92▼
2024 · 3.25
Quick ratio
2.92▼
2024 · 3.25
Debt / equity
0.56▲
2024 · 0.47
ROE
-19.0%▼
2024 · 8.0%
ROA
-12.2%▼
2024 · 5.5%
Interest coverage
-56.75▼
2024 · 5.37
Debt
€44k=
2024 · €44k
Debt ≤ 1 year
€42k▼
2024 · €42k
Income taxes
€2k▼
2024 · €5k
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€140k€124k▼
Fixed assets21/28€4k€3k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€1k€1k=
Other tangible fixed assets26€1k€1k=
Current assets29/58€135k€121k▼
Amounts receivable within one year40/41€10k€17k▲
Trade receivables40€382€10k▲
Other amounts receivable41€10k€7k▼
Current investments50/53€75k€84k▲
Cash at bank and in hand54/58€49k€19k▼
Deferred charges and accrued income490/1€897€938▲
Equity and liabilities
Total equity and liabilities10/49€140k€124k▼
Equity10/15€95k€80k▼
Contributions10/11€9k€9k=
Reserves13€86k€71k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€84k€69k▼
Amounts payable17/49€44k€44k=
Amounts payable within one year42/48€42k€42k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Other amounts payable47/48€35k€36k▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€1k€972▼
Gross operating margin9900€18k€-13k▼
Operating profit (loss)9901€15k€-15k▼
Financial income75/76B€137€2k▲
Recurring financial income75€137€2k▲
Financial charges65/66B€3k€238▼
Recurring financial charges65€3k€238▼
Profit (loss) for the period before taxes9903€12k€-13k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€8k€-15k▼
Profit (loss) for the period to be appropriated9905€8k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-15k▼
Transfer from equity791/2€0€15k▲
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
The notes to these accounts (13 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k ▼299%
Net result drops to €-15k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €50k ▲1146%
Operating result €65k, net result €50k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
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 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, Brussel · 1 establishment unit since 2008
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.
Terkamerenlaan 61000 BrusselGround area
135 m²
Building footprint
104 m²
Volume, LiDAR
1,351 m³
Parcel 21822R0339/00C000, Brussels · tallest building 26.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ArmaniChisu / Renaissance
since 20082.172.137.430
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0339/00C000 | Brussels | 135 m² | 1 · 104 m² | 26.6 m · 5 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.
Public money · subsidies and aid
European research
1 projectProgrammes
HORIZON
Projects
The Doctoral Network on Prognostics and heAlth management of nexT GeneRatiOn drivetraiNs
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47791Retail sale of antiques
70100Activities of head offices
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.