Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARMOR INTERNATIONAL from Sint-Genesius-Rode, company number BE0428272816, closed financial year 2025 with a result of € -4,294 after tax. For that financial year ARMOR INTERNATIONAL recorded a gross margin of € 47,051 and equity of € -1.7 million. Compared with financial year 2024, the result moved from € 35,443 to € -4,294. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ -1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,294
▼ still € 35,443 profit in 2024
Profit after tax over the fiscal year.
€ 490
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2025
€ 111,891
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 571,062
▲ 14% vs 2024
€ 48,307 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 172,526
▲ 120% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,581
▲ € 1,249 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,198 | € 91,724 | € 69,741 | € 47,051 | ▼ 33% |
| Profit after taxes | € 16,545 | € 39,655 | € 35,443 | € -4,294 | ▼ € 39,737 |
| Equity | € -1,815,064 | € -1,775,408 | € -1,739,965 | € -1,744,259 | |
| Total debts | € 2,166,497 | € 2,092,023 | € 2,239,505 | € 2,475,729 | ▲ 11% |
| Cash | € 28,963 | € 7,362 | € 3,518 | € 490 | ▼ 86% |
| Land & buildings | € 270,723 | € 239,038 | € 207,117 | € 197,767 | ▼ 5% |
| Retained profit | € -2,087,747 | € -2,048,091 | € -2,012,648 | € -2,016,942 | |
| Bank debt | € 558,855 | € 530,889 | € 502,585 | € 571,062 | ▲ 14% |
| Balance sheet total | € 351,433 | € 316,615 | € 499,539 | € 731,470 | ▲ 46% |
Key figures of ARMOR 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 July 2027.
What happened to ARMOR INTERNATIONAL?
What happened at ARMOR INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,294 (▼ € 39,737 vs 2024). filed late Source: NBB ↗
- Gary CAMMERMANS stepped down as director. NBB
- Geoffroy CAMMERMANS stepped down as director. NBB
- Gary CAMMERMANS became a director. NBB
- Geoffroy CAMMERMANS became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,545 profit in 2022 to € 4,294 loss in 2025.
Best year ever: 2023, with € 39,655 profit.
Management
It owns 0.3% of DUMOULIN AERO itself.
Directors
According to the 2025 annual accounts
Gary CAMMERMANS
Managing director
Also active at: GENVAL 14, Nagasha Immo, IMMOBILIERE DU COQ A LASNE
since 2021 · until 2026
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Reservaatlaan 19
1640 Sint-Genesius-Rode
Chaussée de Louvain 273
1410 Waterloo
Active since 7 March 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.272.816
- VAT number
- BE 0428.272.816
- Registered office
- Reservaatlaan 19, 1640 Sint-Genesius-Rode
- Names & denominations
- ARMOR INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1986
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Niet-gespecialiseerde groothandel
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Overige groothandel