ARMILE
ActiveThe computed 12-month bankruptcy probability of ARMILE is 1.6% (moderate). The 2025 annual accounts show equity of €76k and a net result of €27k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 13090 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+33
Solvency35▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.19 in 2024; short-term debt: 11.9% and cash: 9.5% of total assets), and 90.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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
9.6%
Return on assets
3.4%
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 21-05-2026, 71 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
71 d early
2024
68 d early
2023
33 d early
2022
66 d early
2021
83 d early
2020
36 d early
2019
49 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 31.6%
2024 · €58k
2018: €42k
2019: €49k
2020: €68k
2021: €70k
2022: €82k
2023: €102k
2024: €58k
2018 → 2025
Total assets
€790k▼ 1.1%
2024 · €799k
2018: €153k
2019: €165k
2020: €132k
2021: €175k
2022: €184k
2023: €156k
2024: €799k
2018 → 2025
Net result
€27k
2024 · €-44k
2018: €2k
2019: €23k
2020: €19k
2021: €39k
2022: €24k
2023: €20k
2024: €-44k
2018 → 2025
Working capital
€25k▲ 45.5%
2024 · €17k
2018: €21k
2019: €27k
2020: €45k
2021: €39k
2022: €35k
2023: €64k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€82k▲ 18.0%€102k▲ 24.2%€58k▼ 43.5%€76k▲ 31.6%
Operating result€46k-€33k▼ 26.6%€31k▼ 8.0%€-23k€55k
Net result€39k-€24k▼ 38.1%€20k▼ 16.9%€-44k€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €55k after a loss of €23k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €790k
Fixed assets
€672k▼ 3.2%
Current assets
€118k▲ 12.6%
Equity and liabilities €790k
Equity
€76k▲ 31.6%
Debt
€714k▼ 3.7%
The debt ratio falls from 92.8% to 90.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €4k
Cash flow
€52k▲
2024 · €-17k
Solvency
9.6%▲
2024 · 7.2%
Current ratio
1.26▲
2024 · 1.19
Quick ratio
1.02▲
2024 · 0.96
Debt / equity
9.41▼
2024 · 12.86
ROE
35.6%▲
2024 · -76.9%
ROA
3.4%▲
2024 · -5.5%
Interest coverage
2.88▲
2024 · 0.21
Debt
€714k▼
2024 · €741k
Debt ≤ 1 year
€94k▲
2024 · €88k
Debt > 1 year
€620k▼
2024 · €653k
Income taxes
€391▼
2024 · €494
Staff costs
€70k▼
2024 · €77k
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€799k€790k▼
Fixed assets21/28€694k€672k▼
Tangible fixed assets22/27€694k€672k▼
Land and buildings22€656k€644k▼
Plant, machinery and equipment23€18k€17k▼
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€105k€118k▲
Stocks and contracts in progress3€21k€22k▲
Stocks30/36€21k€22k▲
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€0-
Other amounts receivable41€11k€8k▼
Cash at bank and in hand54/58€69k€75k▲
Deferred charges and accrued income490/1€4k€13k▲
Equity and liabilities
Total equity and liabilities10/49€799k€790k▼
Equity10/15€58k€76k▲
Contributions10/11€40k€40k=
Reserves13€62k€36k▼
Distributable reserves133€62k€36k▼
Profit (loss) carried forward14€-44k€0▲
Amounts payable17/49€741k€714k▼
Amounts payable after more than one year17€653k€620k▼
Financial debts170/4€653k€620k▼
Amounts payable within one year42/48€88k€94k▲
Current portion of amounts payable after more than one year42€39k€33k▼
Trade debts44€28k€24k▼
Suppliers440/4€28k€24k▼
Taxes, remuneration and social security45€21k€28k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€14k€14k▼
Other amounts payable47/48-€9k
Income statement
Code20242025
Non-recurring operating income76A-€15k
Remuneration, social security and pensions62€77k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€25k▼
Other operating charges640/8€85k€3k▼
Gross operating margin9900€166k€153k▼
Operating profit (loss)9901€-23k€55k▲
Financial income75/76B€105€5▼
Recurring financial income75€105€5▼
Financial charges65/66B€21k€28k▲
Recurring financial charges65€21k€28k▲
Profit (loss) for the period before taxes9903€-44k€27k▲
Income taxes67/77€494€391▼
Profit (loss) for the period9904€-44k€27k▲
Profit (loss) for the period to be appropriated9905€-44k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-17k▲
Profit (loss) brought forward from the previous period14P-€-44k
Transfer from equity791/2-€26k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€9k
Return on contributions (dividend)694-€9k
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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
24-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-44k ▼323%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €102k ▲24.2%
6 profitable years in a row build equity to €102k.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €39k ▲106%
Net result €39k, the highest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2017
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.
Goezeputstraat 438000 BruggeGround area
204 m²
Building footprint
123 m²
Volume, LiDAR
978 m³
Parcel 31803C1345/00H000, Flanders · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Goesepitte 43
since 20172.266.412.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31803C1345/00H000 | Flanders | 204 m² | 1 · 123 m² | 14.5 m · 3 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
Flemish government
2022 to 2025 · 2 entries · 5,340 EUR awarded · 5,340 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 3,340 EUR | 3,340 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.266.412.027
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.