Open Armada
ActiveOpen Armada has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €38k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 21% of 2687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+26
Solvency35▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.74 in 2024; short-term debt: 20.8% and cash: 0.2% of total assets), and 89.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
10.4%
Return on assets
11%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2687 sector peers (2025).
NBB · sector comparisonPosition among 2687 sector peers
Solvency
better than 21%
← weakest
strongest →
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 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
842 d late
2022
41 d early
2021
23 d early
2020
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€36k▲ 19.5%
2024 · €30k
2020: €19k
2021: €24k
2022: €29k
2023: €30k
2024: €30k
2020 → 2025
Total assets
€346k▲ 4.2%
2024 · €332k
2020: €327k
2021: €349k
2022: €334k
2023: €340k
2024: €332k
2020 → 2025
Net result
€38k▲ 1,590%
2024 · €2k
2020: €877
2021: €5k
2022: €5k
2023: €5k
2024: €2k
2020 → 2025
Working capital
€-13k▲ 16.1%
2024 · €-16k
2020: €-16k
2021: €-11k
2022: €-11k
2023: €-10k
2024: €-16k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€29k▲ 20.9%€30k▲ 3.2%€30k▲ 0.1%€36k▲ 19.5%
Operating result€7k-€7k▲ 8.1%€5k▼ 32.4%€2k▼ 54.1%€40k▲ 1,649%
Net result€5k-€5k▲ 8.0%€5k▼ 10.2%€2k▼ 50.2%€38k▲ 1,590%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,649% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346k
Fixed assets
€288k=
Current assets
€59k▲ 31.5%
Equity and liabilities €346k
Equity
€36k▲ 19.5%
Debt
€310k▲ 2.7%
The debt ratio falls from 90.9% to 89.6%. Equity and debt are higher.
Key figures and ratios
Solvency
10.4%▲
2024 · 9.1%
Current ratio
0.82▲
2024 · 0.74
Quick ratio
0.82▲
2024 · 0.74
Debt / equity
8.62▼
2024 · 10.02
ROE
105.9%▲
2024 · 7.5%
ROA
11.0%▲
2024 · 0.7%
Debt
€310k▲
2024 · €302k
Debt ≤ 1 year
€72k▲
2024 · €60k
Debt > 1 year
€238k▼
2024 · €242k
Income taxes
€2k▲
2024 · €13
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€332k€346k▲
Fixed assets21/28€288k€288k=
Financial fixed assets28€288k€288k=
Current assets29/58€45k€59k▲
Amounts receivable within one year40/41€42k€58k▲
Trade receivables40€42k€41k▼
Other amounts receivable41€306€17k▲
Cash at bank and in hand54/58€2k€803▼
Deferred charges and accrued income490/1-€6
Equity and liabilities
Total equity and liabilities10/49€332k€346k▲
Equity10/15€30k€36k▲
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€36€6k▲
Amounts payable17/49€302k€310k▲
Amounts payable after more than one year17€242k€238k▼
Financial debts170/4€242k€238k▼
Amounts payable within one year42/48€60k€72k▲
Trade debts44€38k€37k▼
Suppliers440/4€38k€37k▼
Taxes, remuneration and social security45€13€2k▲
Taxes450/3€13€2k▲
Other amounts payable47/48€22k€32k▲
Income statement
Code20242025
Other operating charges640/8€118€368▲
Gross operating margin9900€2k€41k▲
Operating profit (loss)9901€2k€40k▲
Financial charges65/66B€39€39▲
Recurring financial charges65€39€39▲
Profit (loss) for the period before taxes9903€2k€40k▲
Income taxes67/77€13€2k▲
Profit (loss) for the period9904€2k€38k▲
Profit (loss) for the period to be appropriated9905€2k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€38k▲
Profit (loss) brought forward from the previous period14P€0€36▲
Profit to be distributed694/7€2k€32k▲
Directors or managers695€2k€32k▲
The notes to these accounts (5 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
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 842 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2020net €38k ▲1590%
Operating result €40k, net result €38k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2019
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.
Oranjestraat 44/12060 AntwerpenGround area
76 m²
Building footprint
76 m²
Volume, LiDAR
1,056 m³
Parcel 11807G0193/00W010, Flanders · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Open Armada
since 20192.285.344.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0193/00W010 | Flanders | 76 m² | 1 · 76 m² | 15.6 m · 5 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
Annotise
BE 0704.737.266
Lille · Eq €36k
FACE44
BE 1003.182.116
Holsbeek · Eq €36k
MD Consulting
BE 1002.494.802
Hasselt · Eq €36k
BAN BAW INVEST
BE 0833.109.442
Antwerpen · Eq €36k
HEMM VANROBAYS
BE 0684.446.747
Leuven · Eq €36k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 14,753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2019
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.