ARMELA
ActiveThe computed 12-month bankruptcy probability of ARMELA is 2.1% (moderate). The 2025 annual accounts show equity of €154k and a net result of €-19k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 13061 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-84
Solvency100=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 10.63 against 16.84 in 2024), and 8.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
51 d early
2023
54 d late
2022
53 d late
2021
128 d late
2020
107 d late
2019
87 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-19k
2024 · €29k
2018: €16k
2019: €-22k
2020: €-20k
2021: €-12k
2022: €32
2023: €15k
2024: €29k
2018 → 2025
Working capital
€145k▼ 10.4%
2024 · €162k
2018: €124k
2019: €119k
2020: €106k
2021: €110k
2022: €116k
2023: €136k
2024: €162k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€129k-€129k=€144k▲ 11.3%€173k▲ 20.1%€154k▼ 11.0%
Operating result€-11k-€16k€15k▼ 2.7%€30k▲ 92.6%€-18k
Net result€-12k-€32€15k▲ 45,764%€29k▲ 98.8%€-19k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €30k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€9k▼ 19.5%
Current assets
€160k▼ 7.0%
Equity and liabilities €169k
Equity
€154k▼ 11.0%
Debt
€15k▲ 47.4%
The debt ratio rises from 5.6% to 8.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-16k▼
2024 · €32k
Cash flow
€-17k▼
2024 · €31k
Solvency
91.1%▼
2024 · 94.4%
Current ratio
10.63▼
2024 · 16.84
Quick ratio
10.53▼
2024 · 16.77
Debt / equity
0.10▲
2024 · 0.06
ROE
-12.4%▼
2024 · 16.8%
ROA
-11.3%▼
2024 · 15.8%
Interest coverage
-22.32▼
2024 · 43.02
Debt
€15k▲
2024 · €10k
Debt ≤ 1 year
€15k▲
2024 · €10k
Income taxes
€294▲
2024 · €43
Staff costs
€26k▲
2024 · €26k
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€183k€169k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€874€874=
Current assets29/58€172k€160k▼
Stocks and contracts in progress3€655€1k▲
Stocks30/36€655€1k▲
Amounts receivable within one year40/41€165k€154k▼
Trade receivables40€17k€11k▼
Other amounts receivable41€148k€143k▼
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€694€762▲
Equity and liabilities
Total equity and liabilities10/49€183k€169k▼
Equity10/15€173k€154k▼
Contributions10/11€6k€6k=
Reserves13€89k€89k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€63k€63k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€77k€58k▼
Amounts payable17/49€10k€15k▲
Amounts payable within one year42/48€10k€15k▲
Current portion of amounts payable after more than one year42€1k-
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€26k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€5k€9k▲
Gross operating margin9900€63k€19k▼
Operating profit (loss)9901€30k€-18k▼
Financial charges65/66B€744€708▼
Recurring financial charges65€744€708▼
Profit (loss) for the period before taxes9903€29k€-19k▼
Income taxes67/77€43€294▲
Profit (loss) for the period9904€29k€-19k▼
Profit (loss) for the period to be appropriated9905€29k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€58k▼
Profit (loss) brought forward from the previous period14P€48k€77k▲
The notes to these accounts (8 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
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €29k ▲98.8%
Operating result €30k, net result €29k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 16.84
Current ratio from 7.26 to 16.84; short-term debt falls from €22k to €10k.
31-12
Financial
Equity above €150kEq €173k ▲20.1%
3 profitable years in a row build equity to €173k.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Back to profitnet €32
Net result €32 after 3 loss-making years.
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 128 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 107 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 16.92
Current ratio from 8.39 to 16.92; short-term debt falls from €16k to €7k.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
31-12
Financial
Weakest financial yearnet €-22k ▼236%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 424 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2018
Resigned as Manager
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2012
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.
Scheutlaan 1071070 AnderlechtGround area
152 m²
Building footprint
152 m²
Volume, LiDAR
1,872 m³
Parcel 21304B0039/00L005, Brussels · tallest building 15.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SCHEUT
since 20122.205.841.960
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0039/00L005 | Brussels | 152 m² | 1 · 152 m² | 15.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.205.841.960
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 8,914 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-1994
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.