Financials
- Fiscal year
- 2025
- Turnover
- €1.6m
- Profit
- €1.3m
- Solvency
- 92.8%
Turnover▼ 40.7%
Net result
20192025
DE ARMOEDE
ActiveSummary
DE ARMOEDE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.0m and a net result of €1.3m. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 3447 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Activities of head offices
NACE 70100Real estate activities NACE 68204NACE 70204
1 site
Size
€1.6mturnover 2025
- Staff
- 1.4 FTE
- Equity
- €22.0m
- Profit
- €1.3m
Structure
- Holdings
- 2
Accounts filed 27 d late1 of 9 deeds read
Why 94- Liquidity: current ratio 17.04, cash €293,488+ Founded in 1992+ Size: turnover €1.6m, 1.4 FTE, total assets €23.7m+ Equity €22.0m (92.8% of total assets)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 70, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 92.8% of total assets
Liquidity
52+1
short-term debt 1.8% · cash 1.2%
Profitability
84-5
return on assets 5.5%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 21 months
02-2025: < 0.1%lowest value
03-2025: < 0.1%▲ +6.3% vs 02-2025
04-2025: < 0.1%▲ +26.5% vs 03-2025
05-2025: < 0.1%▲ +2.3% vs 04-2025
06-2025: < 0.1%▲ +11.4% vs 05-2025
07-2025: 0.1%▲ +116% vs 06-2025highest value
08-2025: 0.1%● 0.0% vs 07-2025highest value
09-2026: 0.1%
10-2026: 0.1%● 0.0% vs 09-2026
- Liquidity: current ratio 17.04, cash €293,488 raises the probability
- Founded in 1992 lowers the probability for this profile
- Size: turnover €1.6m, 1.4 FTE, total assets €23.7m lowers the probability for this profile
- Equity €22.0m (92.8% of total assets) lowers the probability
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 17.04 against 19.96 in 2024; short-term debt: 1.8% and cash: 1.2% of total assets), and 7.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 86%, liquidity 39%, profitability 52%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
21 d late
2023
1 d late
2022
8 d late
2021
7 d late
2020
17 d late
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- MiscellaneousCapital increase · Power of…
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Network & group
- Subsidiaries
- 1
- Holdings
- 2
2 holdings
Timeline
- Events
- 14
- Since
- 2016
- Next accounts
- by 31-07-2027
- 27-08-2026Annual accounts filed
- 09-03-2026Miscellaneous
- 21-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of head officesNACE 70100
- Founded
- 11-02-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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