Result
€67,964 ▲ 331%
The result rose in 2025 from €15,758 to €67,964.
ArmenTeKort
Lifetime
7 annual accounts with figures on one time axispeak €557,618 (2021)
€376,511▼ 6.6%
lowest -€123,636 (2022)
€67,964▲ 331%
peak €223,208 (2021)
€187,666▲ 56.8%
€223,572▼ 60.9%
peak 10.9 FTE (2022)
4.9 FTE▼ 9.3%
Board21 names since 2017all names
5 directorsDora Vaes and 4 others
Documentsfilings and deeds
12-06-202649 days before the deadline
2025financial year
Result from €15,758 to €67,964Staff from 5.4 FTE to 4.9 FTEEquity from €119,702 to €187,666Debts from €571,556 to €223,572Investments €11,793
Key points
from the 2025 annual accountsTurnover
≈ €440,000 estimated
The accounts state no turnover.
Investments
€3,330 2.7 × depreciation
Green is investment, beige is depreciation.
Staff
4.9 FTE from 10.9 in 2022
Between 2022 and 2025, 55% of the full-time equivalents disappeared.
Filings
7 annual accounts 1 late
The 2019 accounts came 327 days late. The other six were filed on time.
At the same address
75 companies
Checked score
97
Excellent
Financially stronger than 73% of micro companies in social work without accommodation (NACE 88)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,129 companies (NACE 88, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025highest value
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Legal form: non-profit association
Liquidity: current ratio 3.14, cash €293,507
Sector: Social work activities without accommodation (NACE 88)
Equity €187,666 (45.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 88, micro). It does better than 52% of them on solvency, 79% on liquidity, 79% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ArmenTeKort has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ArmenTeKort itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ArmenTeKort. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.14 (5.79 in 2024), above the usual 1.5. Short-term debt is 30.3% and cash 71.4% of total assets. However, 54.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 12-06-2026, 49 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
49 days early
2024
59 days early
2023
85 days early
2022
47 days early
2021
47 days early
2020
38 days early
2019
327 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0544771794
Resignation: Marc Van Eeckhoudt (director)
General meeting of 25-03-2025 · Gazette deed
5 directors appointed, 6 resignations
Resignations: Luc Elen, Tom Verlinden, Roland De Wolf, Abdelhay Ben Abdellah, Nicoline Spruijt and Paul De Weerdt · Appointments: Marc Van Eeckhoudt, Nathalie Leysen, Lutgart Spaepen, Dora Vaes and Luc Van den Brande · General meeting of 18-12-2023 · Gazette deed
Registered office moved within Antwerp
New registered office: Franklin Rooseveltplaats 12 bus 12 te 2060 Antwerpen · Previous registered office: De Keyserlei 58 te 2018 Antwerpen · Appointment: Paul De Weerdt (director) · General meeting of 26-08-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ArmenTeKort Antwerp | €411,238 | €376,511 | 45.6% | 4.9 |
| AAS+ Oud-Turnhout | €412,118 | €230,111 | -8.6% | 5.4 |
| Job-art Sint-Truiden | €628,120 | €296,828 | 76.5% | 4.8 |
| Goods to Give Etterbeek | €494,225 | €531,357 | 71.8% | 7.9 |
| PLATE-FORME DE CONCERTATION EN SANTE MENTALE DES REGIONS DU CENTRE ET DE CHARLEROI Charleroi | €404,675 | €434,425 | 76.9% | 4.4 |
| HospiLim Diepenbeek | €491,372 | €730,886 | 1.6% | 7.2 |
| De Katrol Ostend | €555,330 | €333,187 | 87.4% | 5.2 |
These companies have the same main activity as ArmenTeKort: other social work without accommodation (NACE 88999). They are comparable in size and age: total assets between €405,000 and €628,000, founded between 2004 and 2014.
Official details
Source: KBO- Status
- Active since 27-01-2014Normal situation
- Registered office
- 77 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other social work without accommodationNACE 88999
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.228.994.6722060 Antwerp, since 01-02-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €411,238▼ 40.5%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on ArmenTeKort
Solvency rose in 2025 from 17.3% to 45.6% because of the retained profit and lower debts.
In October 2023, six directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ArmenTeKort
- What is the company number of ArmenTeKort?
- The company number of ArmenTeKort is 0544.771.794. The VAT number is the same number with BE in front: BE 0544.771.794.
- Where is ArmenTeKort based?
- The registered office is at Franklin Rooseveltplaats 12, 2060 Antwerp.Company details
- What does ArmenTeKort do?
- According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
- What is the legal form of ArmenTeKort?
- ArmenTeKort is a non-profit association (VZW).
- When was ArmenTeKort founded?
- ArmenTeKort was founded on 27-01-2014.
- Is ArmenTeKort still active?
- Yes, ArmenTeKort is an active enterprise in the KBO register.
- How many employees does ArmenTeKort have?
- ArmenTeKort had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ArmenTeKort fall under?
- In its 2025 annual accounts, ArmenTeKort states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ArmenTeKort?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €376,511 and 30 comparable companies (NACE 889). It probably lies between €420,000 and €510,000.
- Is ArmenTeKort profitable?
- In financial year 2025, ArmenTeKort made a profit of €67,964.
- Where can I find the annual accounts of ArmenTeKort?
- ArmenTeKort filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ArmenTeKort due?
- ArmenTeKort must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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