ARMEDELLE
ActiveSummary
ARMEDELLE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €574,873 and a net result of -€17,287. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 1760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-56
Solvency100▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 19.51 against 16.28 in 2024; short-term debt: 4% and cash: 6.6% of total assets), and 15.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
2 d early
2022
on the day
2021
on the day
2020
58 d early
2019
61 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close27-09-2026 today31-03-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€574,873▼ 4.1%
2024 · €599,367
Total assets
€681,269▼ 22.1%
2024 · €874,676
Net result
-€17,287
2024 · €21,668
Working capital
€500,297▼ 24.9%
2024 · €666,300
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€155,970▲ 1,202%€36,141▼ 76.8%-€849€41,913-€16,011
Net result€139,630above the sector's middle half▲ 1,097%€27,198within the sector's middle half▼ 80.5%-€237below the sector's middle half€21,668within the sector's middle half-€17,287below the sector's middle half
Equity€575,153within the sector's middle half▲ 32.1%€602,350within the sector's middle half▲ 4.7%€602,113within the sector's middle half=€599,367within the sector's middle half▼ 0.5%€574,873within the sector's middle half▼ 4.1%
Total assets€1.2mwithin the sector's middle half▲ 10.9%€1.3mwithin the sector's middle half▲ 8.5%€872,617below the sector's middle half▼ 32.5%€874,676below the sector's middle half▲ 0.2%€681,269below the sector's middle half▼ 22.1%
Debt€616,296▼ 3.5%€690,790▲ 12.1%€270,504▼ 60.8%€275,309▲ 1.8%€106,396▼ 61.4%
Working capital€902,511▲ 25.8%€962,730▲ 6.7%€575,705▼ 40.2%€666,300▲ 15.7%€500,297▼ 24.9%
Solvency48.3%within the sector's middle half▲ 7.7pp46.6%within the sector's middle half▼ 1.7pp69.0%above the sector's middle half▲ 22.4pp68.5%above the sector's middle half▼ 0.5pp84.4%above the sector's middle half▲ 15.9pp
Staff (FTE)1.2below the sector's middle half▼ 86.7%
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16,011 after €41,913 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681,269
Fixed assets
€153,940 ▼ 6.6%
Current assets
€527,329 ▼ 25.7%
Equity and liabilities €681,269
Equity
€574,873 ▼ 4.1%
Debt
€106,396 ▼ 61.4%
Debt's share of the balance-sheet total falls from 31.5% to 15.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,168▼
2024 · €55,890
Cash flow
-€6,445▼
2024 · €35,645
Current ratio
19.51▲
2024 · 16.28
Debt to equity
0.19▼
2024 · 0.46
ROE
-3.0%▼
2024 · 3.6%
ROA
-2.5%▼
2024 · 2.5%
Interest coverage
-4.05▼
2024 · 810.00
Debt ≤ 1 year
€27,032▼
2024 · €43,594
Debt > 1 year
€79,364▼
2024 · €231,715
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €116 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,452 | €29,904 | €16,051 | €13,977 | €10,843 | ▼ 22.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €19,541 | - | - | - | - |
| Other operating charges640/8 | - | €5,060 | €1,945 | €4,219 | €6,493 | ▲ 53.9% |
| Gross operating margin9900 | €234,457 | €90,646 | €17,263 | €60,109 | €1,325 | ▼ 97.8% |
| Operating profit (loss)9901 | €155,970 | €36,141 | -€849 | €41,913 | -€16,011 | ▼ 138% |
| Financial income75/76B | - | €1,297 | €767 | - | - | - |
| Recurring financial income75 | €902 | €1,297 | €767 | - | - | - |
| Financial charges65/66B | - | €64 | €69 | €69 | €1,276 | ▲ 1,749% |
| Recurring financial charges65 | €82 | €64 | €69 | €69 | €1,276 | ▲ 1,749% |
| Profit (loss) for the period before taxes9903 | €151,590 | €37,374 | -€151 | €41,844 | -€17,287 | ▼ 141% |
| Income taxes67/77 | €11,961 | €10,176 | €86 | €20,176 | - | - |
| Profit (loss) for the period9904 | €139,630 | €27,198 | -€237 | €21,668 | -€17,287 | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | €139,630 | €27,198 | -€237 | €21,668 | -€17,287 | ▼ 180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.3m | €872,617 | €874,676 | €681,269 | ▼ 22.1% |
| Fixed assets21/28 | €224,714 | €194,810 | €178,759 | €164,782 | €153,940 | ▼ 6.6% |
| Tangible fixed assets22/27 | €190,624 | €160,720 | €144,669 | €130,692 | €119,849 | ▼ 8.3% |
| Land and buildings22 | - | €158,057 | €142,696 | €129,252 | €118,769 | ▼ 8.1% |
| Plant, machinery and equipment23 | - | €2,663 | €1,972 | €1,440 | €1,080 | ▼ 25.0% |
| Financial fixed assets28 | €34,090 | €34,090 | €34,090 | €34,090 | €34,090 | = |
| Current assets29/58 | €966,734 | €1.1m | €693,857 | €709,894 | €527,329 | ▼ 25.7% |
| Stocks and contracts in progress3 | - | - | €14,000 | - | - | - |
| Contracts in progress37 | - | - | €14,000 | - | - | - |
| Amounts receivable within one year40/41 | €940,630 | €928,256 | €636,063 | €703,136 | €482,237 | ▼ 31.4% |
| Trade receivables40 | - | €853,256 | €411,063 | €508,136 | €146,174 | ▼ 71.2% |
| Other amounts receivable41 | - | €75,000 | €225,000 | €195,000 | €336,063 | ▲ 72.3% |
| Cash at bank and in hand54/58 | €24,405 | €168,222 | €42,920 | €6,334 | €44,697 | ▲ 606% |
| Deferred charges and accrued income490/1 | - | €1,852 | €875 | €424 | €395 | ▼ 6.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.3m | €872,617 | €874,676 | €681,269 | ▼ 22.1% |
| Equity10/15 | €575,153 | €602,350 | €602,113 | €599,367 | €574,873 | ▼ 4.1% |
| Contributions10/11 | - | €475,100 | €475,100 | €450,686 | €443,479 | ▼ 1.6% |
| Reserves13 | €71,551 | €71,551 | €71,551 | €71,551 | €71,551 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €13,555 | €13,555 | €13,555 | €13,555 | = |
| Distributable reserves133 | - | €56,136 | €56,136 | €56,136 | €56,136 | = |
| Profit (loss) carried forward14 | €28,502 | €55,700 | €55,462 | €77,130 | €59,843 | ▼ 22.4% |
| Amounts payable17/49 | €616,296 | €690,790 | €270,504 | €275,309 | €106,396 | ▼ 61.4% |
| Amounts payable after more than one year17 | €552,072 | €555,190 | €152,351 | €231,715 | €79,364 | ▼ 65.7% |
| Financial debts170/4 | - | €338,282 | €35,766 | - | - | - |
| Other amounts payable178/9 | - | €216,907 | €116,585 | €231,715 | €79,364 | ▼ 65.7% |
| Amounts payable within one year42/48 | €64,224 | €135,600 | €118,152 | €43,594 | €27,032 | ▼ 38.0% |
| Trade debts44 | €52,263 | €111,324 | €112,136 | €27,469 | €27,032 | ▼ 1.6% |
| Suppliers440/4 | - | €111,324 | €112,136 | €27,469 | €27,032 | ▼ 1.6% |
| Taxes, remuneration and social security45 | - | €24,276 | €6,016 | €16,125 | - | - |
| Taxes450/3 | - | €24,276 | €6,016 | €16,125 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €139,630 | €27,198 | -€237 | €21,668 | -€17,287 | ▼ 180% |
| + Depreciation and write-downs630 | €41,452 | €29,904 | €16,051 | €13,977 | €10,843 | ▼ 22.4% |
| Operating cash flow (approximation) | €181,081 | €57,101 | €15,814 | €35,645 | -€6,445 | ▼ 118% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €143,817 | -€125,302 | -€36,586 | €38,363 | ▲ 205% |
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
Next filing, fiscal year 2026, expected by
2026
06-07
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
Financial
Weakest financial yearnet -€17,287
Net result drops to -€17,287, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
Financial
Back to profitnet €21,668
Net result €21,668 after one loss-making year.
31-08
Financial
Liquidity triplescurrent ratio 16.28
Current ratio from 5.87 to 16.28; short-term debt falls from €118,152 to €43,594.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
Financial
Highest result since 2019net €139,630 ▲1,097%
Operating result €155,970, net result €139,630, both a record.
31-08
Financial
Equity above €500,000Eq €575,153 ▲32.1%
3 profitable years in a row build equity to €575,153.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 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, Alken · 1 establishment unit since 2000
Ground area
2,482 m²
Building footprint
352 m²
Volume, LiDAR
1,876 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Weyerstraat 173, 3850 Nieuwerkerken (Limb.)
since 20002.097.598.274
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71031A0725/00X000 | Flanders | 1,696 m² | 1 · 190 m² | 8.2 m · 2 fl. |
| 73302E0878/00R000 | Flanders | 787 m² | 1 · 161 m² | 7.8 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 176 EUR awarded · 176 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteNieuwerkerken (Limb.)2.097.598.274
Similar companies · same sector, comparable size
FRUITWERK
BE 0474.001.782
Tongeren-Borgloon · Eq €575,490
LEMBIFRUIT
BE 0695.991.925
Ranst · Eq €574,207
KNAPEN FRUIT
BE 0810.354.628
Tongeren-Borgloon · Eq €578,114
Mees Sort
BE 0466.413.018
Geetbets · Eq €569,050
RG-FRUIT
BE 0882.136.608
Tongeren-Borgloon · Eq €582,631
Of 1,341 companies in sector 01240 we hold annual accounts for 322. 261 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
Founded19-05-2000
Fiscal year end31-08
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0471923113
Registered
31-08-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.