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ARMINI

Active
Private limited companyfounded 20179 yrs activeVredestraat 4, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0669.918.721
Summary

ARMINI has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,608 and a net result of -€5,883. Equity is shrinking by ~7.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency87▲+18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.98 against 1.87 in 2024; short-term debt: 33.6% and cash: 39.4% of total assets), and 38% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
62%
Return on assets
-16.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
16 d early
2024
33 d early
2023
197 d late
2022
32 d early
2021
31 d early
2020
30 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ARMINI was incorporated on 24 January 2017.1 Total assets fell from EUR 44,124 in 2019 to EUR 36,436 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€22,608▼ 20.6%
2024 · €28,490
Total assets
€36,436▼ 43.3%
2024 · €64,230
Net result
-€5,883
2024 · €18,237
Working capital
€24,208▼ 19.1%
2024 · €29,930
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€610▼ 69.7%-€3,192-€2,970▲ 7.0%€22,703-€5,191
Net result€407▼ 79.1%-€3,244-€3,064▲ 5.5%€18,237-€5,883
Equity€44,561▲ 0.9%€41,317▼ 7.3%€38,253▼ 7.4%€28,490▼ 25.5%€22,608▼ 20.6%
Total assets€47,506▲ 7.0%€42,881▼ 9.7%€38,253▼ 10.8%€64,230▲ 67.9%€36,436▼ 43.3%
Debt€2,945▲ 1,189%€1,564▼ 46.9%€35,740€13,828▼ 61.3%
Working capital€44,561▲ 0.9%€41,317▼ 7.3%€29,930€24,208▼ 19.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2021: €610€610Net result 2021: €407€407Operating result 2022: -€3,192-€3,192Net result 2022: -€3,244-€3,244Operating result 2023: -€2,970-€2,970Net result 2023: -€3,064-€3,064Operating result 2024: €22,703€22,703Net result 2024: €18,237€18,237Operating result 2025: -€5,191-€5,191Net result 2025: -€5,883-€5,88320212022202320242025-€10,000€0€10,000€20,000Operating result 2023: -€2,970-€2,970Net result 2023: -€3,064-€3,060Operating result 2024: €22,703€22,700Net result 2024: €18,237€18,200Operating result 2025: -€5,191-€5,190Net result 2025: -€5,883-€5,880202320242025
The operating result turns negative in 2025: a loss of €5,191 after €22,703 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €36,436
Equity €22,608 ▼ 20.6%
Debt €13,828 ▼ 61.3%
Debt's share of the balance-sheet total falls from 55.6% to 38.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.98▲
2024 · 1.87
Debt to equity
0.61▼
2024 · 1.25
ROE
-26.0%▼
2024 · 64.0%
ROA
-16.1%▼
2024 · 28.4%
Debt ≤ 1 year
€12,228▼
2024 · €34,300
Income taxes
€470▼
2024 · €5,624
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.8% went bankrupt
9.2% stopped otherwise
87% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 3,597 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€64,230€36,436▼
Current assets29/58€64,230€36,436▼
Amounts receivable after more than one year29€24,108€20,969▼
Other amounts receivable291€24,108€20,969▼
Amounts receivable within one year40/41€18,562-
Other amounts receivable41€18,562-
Cash at bank and in hand54/58€21,081€14,371▼
Deferred charges and accrued income490/1€479€1,096▲
Equity and liabilities
Total equity and liabilities10/49€64,230€36,436▼
Equity10/15€28,490€22,608▼
Contributions10/11€12,400€12,400=
Reserves13€16,090€16,090=
Distributable reserves133€16,090€16,090=
Profit (loss) carried forward14--€5,883
Amounts payable17/49€35,740€13,828▼
Amounts payable within one year42/48€34,300€12,228▼
Trade debts44€23,621€2,904▼
Suppliers440/4€23,621€2,904▼
Taxes, remuneration and social security45€10,678€9,324▼
Taxes450/3€6,576€6,207▼
Remuneration and social security454/9€4,102€3,117▼
Accrued charges and deferred income492/3€1,440€1,600▲
Income statement Code20242025
Other operating charges640/8€1,076€1,472▲
Gross operating margin9900€23,779-€3,719▼
Operating profit (loss)9901€22,703-€5,191▼
Financial income75/76B€1,213-
Recurring financial income75€1,213-
Financial charges65/66B€55€222▲
Recurring financial charges65€55€222▲
Profit (loss) for the period before taxes9903€23,861-€5,413▼
Income taxes67/77€5,624€470▼
Profit (loss) for the period9904€18,237-€5,883▼
Profit (loss) for the period to be appropriated9905€18,237-€5,883▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,380-€5,883▼
Profit (loss) brought forward from the previous period14P-€6,857-
Transfer from equity791/2€28,000-
Transfer to equity691/2€11,380-
To other reserves6921€11,380-
Profit to be distributed694/7€28,000-
Return on contributions (dividend)694€28,000-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€423€494€1,076€1,472▲ 36.8%
Gross operating margin9900€1,154-€2,769-€2,475€23,779-€3,719▼ 116%
Operating profit (loss)9901€610-€3,192-€2,970€22,703-€5,191▼ 123%
Financial income75/76B---€1,213--
Recurring financial income75---€1,213--
Financial charges65/66B-€52€94€55€222▲ 304%
Recurring financial charges65€102€52€94€55€222▲ 304%
Profit (loss) for the period before taxes9903€508-€3,244-€3,064€23,861-€5,413▼ 123%
Income taxes67/77€101--€5,624€470▼ 91.6%
Profit (loss) for the period9904€407-€3,244-€3,064€18,237-€5,883▼ 132%
Profit (loss) for the period to be appropriated9905€407-€3,244-€3,064€18,237-€5,883▼ 132%
Line20212022202320242025Change
Assets
Total assets20/58€47,506€42,881€38,253€64,230€36,436▼ 43.3%
Current assets29/58€47,506€42,881€38,253€64,230€36,436▼ 43.3%
Amounts receivable after more than one year29-€26,208€24,108€24,108€20,969▼ 13.0%
Other amounts receivable291-€26,208€24,108€24,108€20,969▼ 13.0%
Amounts receivable within one year40/41€17,770€16,592€14,115€18,562--
Trade receivables40-€6,600€13,500---
Other amounts receivable41-€9,992€615€18,562--
Cash at bank and in hand54/58€2,688€82€30€21,081€14,371▼ 31.8%
Deferred charges and accrued income490/1---€479€1,096▲ 129%
Equity and liabilities
Total equity and liabilities10/49€47,506€42,881€38,253€64,230€36,436▼ 43.3%
Equity10/15€44,561€41,317€38,253€28,490€22,608▼ 20.6%
Contributions10/11-€12,400€12,400€12,400€12,400=
Outside capital11-€12,400----
Other1109/19-€12,400----
Reserves13€32,710€32,710€32,710€16,090€16,090=
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133-€30,850€30,850€16,090€16,090=
Profit (loss) carried forward14-€549-€3,793-€6,857--€5,883-
Amounts payable17/49€2,945€1,564-€35,740€13,828▼ 61.3%
Amounts payable within one year42/48€2,945€1,564-€34,300€12,228▼ 64.3%
Trade debts44€410€785-€23,621€2,904▼ 87.7%
Suppliers440/4-€785-€23,621€2,904▼ 87.7%
Taxes, remuneration and social security45-€779-€10,678€9,324▼ 12.7%
Taxes450/3-€779-€6,576€6,207▼ 5.6%
Remuneration and social security454/9---€4,102€3,117▼ 24.0%
Accrued charges and deferred income492/3---€1,440€1,600▲ 11.1%
Line20212022202320242025Change
Profit (loss) for the period9904€407-€3,244-€3,064€18,237-€5,883▼ 132%
Operating cash flow (approximation)€407-€3,244-€3,064€18,237-€5,883▼ 132%
Change in cash--€2,606-€52€21,051-€6,710▼ 132%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
14-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€5,883
Net result drops to -€5,883, the lowest in the series.
28-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 197 days late
30-09
Financial Back to profitnet €18,237
Net result €18,237 after 2 loss-making years.
2023
29-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Back to profitnet €1,945
Net result €1,945 after one loss-making year.
30-09
Financial Liquidity times 8current ratio 194.23
Current ratio from 23.01 to 194.23; short-term debt falls from €1,915 to €229.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Oudsbergen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,416 m²
Building footprint
182 m²
Volume, LiDAR
1,298 m³
Parcel 72022B0478/00C000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ARMINI
Vredestraat 4, 3670 OudsbergenComputing infrastructure, data processing, hosting and other information service activities
since 20172.261.312.005
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72022B0478/00C000 Flanders 1,416 m² 1 · 182 m² 11.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded24-01-2017
Fiscal year end30-09
Activities, NACEBEL 2025
86951Physiotherapy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.