Financials
Financial year 2025
ARMSTRONG INTERNATIONAL from Herstal, company number BE0406771775, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year ARMSTRONG INTERNATIONAL recorded revenue of € 30.5 million and equity of € 23.9 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 17, 2025.
€ 23.9 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 4.4 million
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 23.7 million.
People and assets in 2025
90.9
▲ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.1 million
▲ 9% vs 2024
€ 122,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 253,117
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 228,362
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 5.8 million
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 3 million
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,826,923 | € 29,050,692 | € 28,039,194 | € 30,474,835 | ▲ 9% |
| Profit after taxes | € 1,192,367 | € 2,182,054 | € 1,228,614 | € 1,578,318 | ▲ 28% |
| Equity | € 18,899,643 | € 21,074,553 | € 22,297,469 | € 23,870,358 | ▲ 7% |
| Total debts | € 13,602,383 | € 12,339,361 | € 12,950,398 | € 13,994,128 | ▲ 8% |
| Cash | € 3,931,955 | € 2,389,853 | € 3,382,147 | € 4,422,250 | ▲ 31% |
| Land & buildings | € 1,718,274 | € 1,589,282 | € 1,451,115 | € 1,312,967 | ▼ 10% |
| Retained profit | € 18,705,143 | € 20,887,197 | € 22,115,811 | € 23,694,129 | ▲ 7% |
| Bank debt | € 597,030 | € 431,418 | € 264,090 | € 228,362 | ▼ 14% |
| Balance sheet total | € 32,527,026 | € 33,438,914 | € 35,272,867 | € 37,906,986 | ▲ 7% |
| Employees (FTE) | 84.4 | 85 | 86.7 | 90.9 | ▲ 4.2 |
Key figures of ARMSTRONG INTERNATIONAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 December 2026.
What happened to ARMSTRONG INTERNATIONAL?
What happened at ARMSTRONG INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ryan BLOSS stepped down as director. NBB
- Kurt ARMSTRONG stepped down as director. NBB
- Valérie CERVELIN stepped down as director. NBB
- RIV Consulting SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 28% vs 2024). Source: NBB ↗
- Valérie CERVELIN became a director. NBB
- RIV Consulting SRL became a director. NBB
- Ryan BLOSS became a director. NBB
In short
From € 1.2 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.2 million profit.
Pays suppliers within 111 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of Armstrong International Italiana Srl, 100% of Armstrong International GULF DMCC, 100% of Hygro Temp B.V., 100% of Armstrong International Srl, 100% of Devatec SA and 100% of Armstrong International Deutschland GmbH itself.
Directors
According to the 2025 annual accounts
Valérie CERVELIN
Managing director
since 2025 · until 2028
Ryan BLOSS
Director
since 2023 · until 2028
Managing director · represented by Rossen IVANOV
since 2025 · until 2028
Kurt ARMSTRONG
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Parc Ind. des Hauts Sarts, 2e av 4
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
GoDaddy DNS
Domain
Domain
armstronginternational.com
Registered
2000-02-07
Registrar
CSL Computer Service Langenbach GmbH d/b/a joker.com
Expires
2027-02-07
Website info
Features
Security
Network
Details
- Company number
- 0406.771.775
- VAT number
- BE 0406.771.775
- Registered office
- Parc Ind. des Hauts Sarts, 2e av 4, 4040 Herstal
- Names & denominations
- ARMSTRONG INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1969
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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