ARMUR architecten
ActiveARMUR architecten has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-1k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-45
Solvency50▼-6
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.02 in 2024; short-term debt: 74.8% and cash: 16.8% of total assets), and 74.8% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
25.2%
Return on assets
-0.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
17 d early
2023
36 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▼ 3.5%
2024 · €31k
2023: €13k
2024: €31k
2023 → 2025
Total assets
€118k▲ 16.9%
2024 · €101k
2023: €56k
2024: €101k
2023 → 2025
Net result
€-1k
2024 · €18k
2023: €11k
2024: €18k
2023 → 2025
Working capital
€6k▲ 292%
2024 · €2k
2023: €20k
2024: €2k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€13k-€31k▲ 143%€30k▼ 3.5%
Operating result€14k-€23k▲ 67.0%€2k▼ 92.1%
Net result€11k-€18k▲ 69.5%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€24k▼ 21.5%
Current assets
€94k▲ 33.6%
Equity and liabilities €118k
Equity
€30k▼ 3.5%
Debt
€88k▲ 26.0%
The debt ratio rises from 69.4% to 74.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €24k
Cash flow
€5k▼
2024 · €19k
Solvency
25.2%▼
2024 · 30.6%
Current ratio
1.07▲
2024 · 1.02
Quick ratio
1.07▲
2024 · 1.02
Debt / equity
2.96▲
2024 · 2.27
ROE
-3.6%▼
2024 · 58.8%
ROA
-0.9%▼
2024 · 18.0%
Interest coverage
3.45▼
2024 · 100.60
Debt
€88k▲
2024 · €70k
Debt ≤ 1 year
€88k▲
2024 · €69k
Income taxes
€460▼
2024 · €5k
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€101k€118k▲
Fixed assets21/28€30k€24k▼
Tangible fixed assets22/27€28k€22k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€25k€20k▼
Financial fixed assets28€2k€2k=
Current assets29/58€71k€94k▲
Amounts receivable within one year40/41€71k€74k▲
Trade receivables40€52k€67k▲
Other amounts receivable41€19k€7k▼
Cash at bank and in hand54/58€0€20k▲
Deferred charges and accrued income490/1€37-
Equity and liabilities
Total equity and liabilities10/49€101k€118k▲
Equity10/15€31k€30k▼
Contributions10/11€2k€2k=
Reserves13€29k€28k▼
Distributable reserves133€29k€28k▼
Amounts payable17/49€70k€88k▲
Amounts payable within one year42/48€69k€88k▲
Financial debts43€22k€50k▲
Credit institutions430/8€22k€50k▲
Trade debts44€33k€28k▼
Suppliers440/4€33k€28k▼
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€10k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€7k▲
Other operating charges640/8€387€1k▲
Gross operating margin9900€24k€10k▼
Operating profit (loss)9901€23k€2k▼
Financial income75/76B€419€0▼
Recurring financial income75€419€0▼
Financial charges65/66B€239€2k▲
Recurring financial charges65€239€2k▲
Profit (loss) for the period before taxes9903€23k€-626▼
Income taxes67/77€5k€460▼
Profit (loss) for the period9904€18k€-1k▼
Profit (loss) for the period to be appropriated9905€18k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-1k▼
Transfer from equity791/2-€1k
Transfer to equity691/2€18k-
To other reserves6921€18k-
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-1k ▼106%
Net result drops to €-1k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €18k ▲69.5%
Operating result €23k, net result €18k, both a record.
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2023
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.
Leebeekstraat 179052 GentGround area
1.1 ha
Building footprint
197 m²
Volume, LiDAR
1,151 m³
Parcel 44082A0054/00Y000, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARMUR architecten
since 20232.345.450.694
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082A0054/00Y000 | Flanders | 1.1 ha | 1 · 197 m² | 16.3 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.
Similar companies · same sector, comparable size
BAFB ARCHITECTURE
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BLOK42 ARCHITECTS
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Vorst · Eq €30k
ATELIER D'ARCHITECTURE EXTENSO BELGIQUE
BE 0668.604.766
Attert · Eq €30k
wimdepuydt.architect
BE 0739.713.882
Gent · Eq €30k
Christoph Verberckmoes
BE 0745.938.215
Gavere · Eq €30k
Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 4,921 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2023
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.