Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2 to 0.8.
Financials
Financial year 2025
ARMOSA TECH from Engis, company number BE0428001216, closed financial year 2025 with a result of € 921,645 after tax. For that financial year ARMOSA TECH recorded revenue of € 9.1 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 669,670 to € 921,645. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 2.7 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 921,645
▲ 38% vs 2024
Profit after tax over the fiscal year.
€ 262,016
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
54 % of the profit went to the shareholders, mostly to SNYPE (100 % of the shares). That is where the money ends up.
People and assets in 2025
0.8
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 118,921
▼ 37% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 6.5 million
▲ 16% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 813,186
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 114,170
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,916,640 | € 4,302,271 | € 6,199,283 | € 9,122,505 | ▲ 47% |
| Profit after taxes | € 308,644 | € 697,214 | € 669,670 | € 921,645 | ▲ 38% |
| Equity | € 1,517,568 | € 1,964,782 | € 2,234,452 | € 2,656,097 | ▲ 19% |
| Total debts | € 7,484,686 | € 7,225,882 | € 8,444,839 | € 8,659,351 | ▲ 3% |
| Cash | € 279,992 | € 12,008 | € 627,249 | € 262,016 | ▼ 58% |
| Retained profit | € 1,359,244 | € 1,806,458 | € 2,076,128 | € 2,497,773 | ▲ 20% |
| Dividend | € 0 | € 250,000 | € 400,000 | € 500,000 | ▲ 25% |
| Bank debt | € 5,341,297 | € 5,018,069 | € 5,582,930 | € 6,475,478 | ▲ 16% |
| Balance sheet total | € 9,002,254 | € 9,190,664 | € 10,679,290 | € 11,315,448 | ▲ 6% |
| Employees (FTE) | 2.2 | 2 | 1.6 | 0.8 | ▼ 0.8 |
Key figures of ARMOSA TECH, 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 July 2027.
What happened to ARMOSA TECH?
What happened at ARMOSA TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre SAMAIN stepped down as director. NBB
- SNYPE SA stepped down as director. NBB
- SAMAIN Eléonore stepped down as director. NBB
- OPENMIND SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 921,645 (▲ 38% vs 2024). Source: NBB ↗
- Pierre SAMAIN became a director. NBB
- SNYPE SA became a director. NBB
- SAMAIN Eléonore became a director. NBB
In short
From € 308,644 profit in 2022 to € 921,645 profit in 2025.
Paid € 391,758 in corporate taxes since 2022.
Best year ever: 2025, with € 921,645 profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
The stake of SNYPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARMOSA TECHThe shares are held by SNYPE (100%). It owns 100% of ARMOSA TECH LTD itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
SAMAIN Eléonore
Director
since 2020 · until 2026
since 2020 · until 2026
Shareholders
100%
Participations
ARMOSA TECH LTD
100%
Establishments
Establishment units
Physical locations of this company
Rue des Tuiliers 1
4480 Engis
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.001.216
- VAT number
- BE 0428.001.216
- Registered office
- Rue des Tuiliers 1, 4480 Engis
- Names & denominations
- ARMOSA TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1985
- Peppol
- Active · Active since 1 Jan 2001
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