Active · per the CBE, 18 September 2026
AARM logo

AARM

BE0568546989

Rechtspersoon Private limited company 1 establishment

AARM is a second-hand shop in Brugge. Private Limited, started on 9 January 2015, 1 establishment.

Genthof 9, 8000 Brugge rm-auctions.com

Behind the company: Rob Michiels.

Active for

11 year, 8 months

Financials

Financial year 2024

AARM from Brugge, company number BE0568546989, closed financial year 2024 with a result of € 658,285 after tax. For that financial year AARM recorded a gross margin of € 789,189 and equity of € 5.8 million. Compared with financial year 2023, the result moved from € 1.1 million to € 658,285. The company is profitable. 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 June 23, 2025.

What it is worth Growing

€ 5.8 million

▲ 8% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 658,285

▼ 39% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 291,845

▼ 80% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 225,000 paid out

34 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2024

Full-time equivalents

1

▼ 4 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 94,883

▼ 68% vs 2023

€ 94,900 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.

Vehicles and equipment

€ 3,567

▼ 63% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 6 years to go

€ 229,388

▼ 14% vs 2023

€ 37,044 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 732

▼ 99% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 339,648

▼ 7% vs 2023

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 1,824,235 € 959,344 € 1,826,142 € 789,189 ▼ 57%
Profit after taxes € 1,167,346 € 480,128 € 1,081,782 € 658,285 ▼ 39%
Equity € 3,832,058 € 4,312,186 € 5,393,969 € 5,827,254 ▲ 8%
Total debts € 2,709,746 € 1,545,071 € 2,773,293 € 1,230,151 ▼ 56%
Cash € 1,088,828 € 32,907 € 1,471,362 € 291,845 ▼ 80%
Land & buildings € 913,767 € 880,710 € 825,397 € 828,261
Retained profit € 3,813,458 € 4,293,586 € 5,375,369 € 5,808,654 ▲ 8%
Dividend € 165,000 € 0 € 0 € 225,000
Bank debt € 402,040 € 300,821 € 265,539 € 229,388 ▼ 14%
Balance sheet total € 6,541,804 € 5,857,257 € 8,167,261 € 7,057,405 ▼ 14%
Employees (FTE) 3 4.8 5 1 ▼ 4

Key figures of AARM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to AARM?

What happened at AARM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: profit of € 658,285 (▼ 39% vs 2023). Source: NBB ↗
  • New establishment in Brugge. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.2 million profit in 2021 to € 658,285 profit in 2024.

Paid € 1.1 million in corporate taxes since 2021.

Best year ever: 2021, with € 1.2 million profit.

On average € 789,200 of value added per employee in 2024.

Management

Rob Michiels
AARM

Behind AARM is Rob Michiels. It owns 50% of Coronari Auctions itself.

See the full network in the app

Directors

According to the 2024 annual accounts

Rob Michiels

Manager

Also active at: CORONARI AUCTIONS

Establishments

Establishment units

Physical locations of this company

Registered office

Genthof 9

8000 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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.

Website

Technologies

Adobe FontsApacheGoogle AnalyticsGoogle FontsGoogle MapsPWASlickStripejQueryjQuery UIreCAPTCHA

Hosting & Email

Email provider

one.com Mail

Hosting

AKAMAI-LINODE-AP Akamai Connected Cloud, SG

DNS

Cloudflare DNS

Domain

Domain

rm-auctions.com

Registered

2015-01-05

Registrar

One.com A/S

Expires

2027-01-05

Website info

HTTPS Ja
Copyright 2026

Features

Online payment Newsletter Client portal Contact page

Security

HTTPS
SPF
DMARC

Network

IPv6

Details

Company number
0568.546.989
VAT number
BE 0568.546.989
Registered office
Genthof 9, 8000 Brugge
Names & denominations
AARM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
9 January 2015
Peppol
Active · Active since 4 Dec 2025
Activities · NACE

Detailhandel in antiquiteiten

Overige niet-gespecialiseerde detailhandel

Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding

Detailhandel in cultuur- en recreatieartikelen, neg

Detailhandel via postorderbedrijven of via internet

Detailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels

Frequently asked questions

What does AARM do?
AARM is a second-hand shop in Brugge. Private Limited, started on 9 January 2015, 1 establishment.
What is the address of AARM?
The registered office of AARM is located at Genthof 9, 8000 Brugge.
Is AARM still active?
Yes. According to the CBE (18 September 2026) AARM is active, legal situation “Normale toestand”, started on 9 January 2015.
Is AARM registered on Peppol?
Yes, AARM is registered on the Peppol network with ID 0208:0568546989.
What is the enterprise number of AARM?
The enterprise number of AARM is BE0568546989.
When was AARM founded?
AARM was founded on 9 January 2015.