Equity
€2.7m ▲ 18.9%
ARMOSA TECH has made a profit in every financial year since 2007.
ARMOSA TECH
Lifetime
19 annual accounts with figures on one time axis, 40 filings since 1986peak €12.7m (2017)
€9.1m▲ 47.2%
peak €921,645 (2025)
€921,645▲ 37.6%
peak €3.1m (2017)
€2.7m▲ 18.9%
€8.7m▲ 2.5%
peak 19.7 FTE (2016)
0.8 FTE▼ 50.0%
Board10 names since 2017
3 directorsELÉONORE SAMAIN and 2 others
Owners2 names in the annual accounts
100%SNYPE
Documentsfilings and deeds
01-06-202660 days before the deadline
2025financial year
Turnover from €6.2m to €9.1mResult from €669,670 to €921,645Staff from 1.6 FTE to 0.8 FTEAppointment: Pierre SAMAIN (director) 11-06Dividend €500,000Equity from €2.2m to €2.7m
Key points
from the 2025 annual accountsTurnover
€9.1m ▲ 47.2%
Turnover rose in 2025 from €6.2m to €9.1m.
Debts
€8.7m 77% of the balance sheet
Financial debts 61%Suppliers 9%Taxes and wages 1%Other 29%
€6.5m of the debts are secured on the company's own assets. In 2018 that was €4.6m.
Staff
0.8 FTE from 19.7 in 2016
Between 2016 and 2025, 96% of the full-time equivalents disappeared. Contribution of a branch of activity to BIOSIX, effective 29-06-2018.
Payment terms
36 days to suppliers
ARMOSA TECH pays its suppliers 82 days earlier than in 2024. Customers pay 74 days earlier.
Filings
40 annual accounts since 1986
The last five annual accounts were filed 60 to 72 days before the end of the period.
Checked score
90
Excellent
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%highest value
01-2025: 0.4%● unchanged vs 12-2024highest value
02-2025: 0.3%▼ -0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.2%▼ -0.2 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.1%▼ -0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.15, cash €262,016, halved
Equity €2.7m (23.5% of total assets)
lowers risk
Size: turnover €9.1m, 0.8 FTE, total assets €11.3m
Founded in 1985
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 46, micro). It does better than 34% of them on solvency, 30% on liquidity, 81% on profitability and 82% 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, 3,818 companies had the same profile as ARMOSA TECH has now. Each dot stands for 10 companies, two years later.
95.0%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARMOSA TECH itself: 0.2% 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 3,818 companies, not a prediction for ARMOSA TECH. 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 €230,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.18 in 2024), below the usual 1.5. Short-term debt is 42% and cash 2.3% of total assets. 76.5% 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
Five signals.
lowers riskraises 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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 days early
2024
72 days early
2023
64 days early
2022
67 days early
2021
69 days early
2020
75 days early
2019
64 days early
← 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 67 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 25 May (5 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
3 directors reappointed
Snype SA (managing director), Openmind SRL and Eléonore SAMAIN · General meeting of 15-05-2026 · Gazette deed
Appointment: Pierre SAMAIN (director)
General meeting of 16-05-2025 · Gazette deed
Reappointment: O. de Bonhome SRL (statutory auditor)
General meeting of 24-05-2024 · Gazette deed
Appointment: O. de Bonhome - bureau de Réviseurs d'Entreprises (statutory auditor)
General meeting of 07-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARMOSA TECH Engis | €9.1m | 14.0% | 23.5% | 0.8 |
| Linde Gas Belgium Antwerp | €13.1m | 53.7% | 88.0% | 2.8 |
| UBE Europe Belgium Zaventem | €11.9m | 6.5% | 37.2% | 3 |
| KEMAT Brussels | €15.0m | 8.2% | 34.1% | - |
| Aurorium Belgium 2 Saint-Josse-ten-Noode | €9.5m | 11.3% | -2.9% | - |
| Coppieters Partners Chemicals Antwerp | - | - | 41.2% | 0.9 |
| ARBOCHIM Zoersel | - | - | 89.3% | 1 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ARMOSA TECH: wholesale of industrial chemicals (NACE 46851). They are comparable in size and age: total assets between €6.7m and €19m, founded between 1972 and 1991.
Official details
Source: KBO- Status
- Active since 30-10-1985Normal situation
- Activity
- Wholesale of industrial chemicalsNACE 46851and 1 other
- Joint committee
- 207White-collar workers in the chemical industry · annual accounts 2025
- Establishment unit
- 2.030.115.6714480 Engis, since 10-04-2000
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €11.3m▲ 6.0%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 01-06-2026, 60 days before the end of the filing period
Insights on ARMOSA TECH
ARMOSA TECH has existed since 1985. Turnover fell from €12.7m in 2017 to €4.9m in 2018 and staff from 18.8 to 1.7 full-time equivalents. On 29 June 2018 a branch of activity moved to BIOSIX.
SNYPE holds all the shares. In June 2026, the Official Gazette published the appointment of SNYPE as managing director.
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 ARMOSA TECH
- What is the company number of ARMOSA TECH?
- The company number of ARMOSA TECH is 0428.001.216. The VAT number is the same number with BE in front: BE 0428.001.216.
- Where is ARMOSA TECH based?
- The registered office is at Rue des Tuiliers 1, 4480 Engis.Company details
- What does ARMOSA TECH do?
- According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
- What is the legal form of ARMOSA TECH?
- ARMOSA TECH is a public limited company (NV).
- When was ARMOSA TECH founded?
- ARMOSA TECH was founded on 30-10-1985.
- Is ARMOSA TECH still active?
- Yes, ARMOSA TECH is an active enterprise in the KBO register.
- How many employees does ARMOSA TECH have?
- ARMOSA TECH had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ARMOSA TECH fall under?
- In its 2025 annual accounts, ARMOSA TECH states joint committee 207 (White-collar workers in the chemical industry).
- What is the turnover of ARMOSA TECH?
- The turnover of ARMOSA TECH was €9.1m in financial year 2025, according to the filed annual accounts.
- Is ARMOSA TECH profitable?
- In financial year 2025, ARMOSA TECH made a profit of €921,645.
- Where can I find the annual accounts of ARMOSA TECH?
- ARMOSA TECH filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARMOSA TECH due?
- ARMOSA TECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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