Active · per the CBE, 2 November 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, 9 months

Financials

Financial year 2025

AARM from Brugge, company number BE0568546989, closed financial year 2025 with a result of € 375,406 after tax. For that financial year AARM recorded a gross margin of € 631,959 and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 658,285 to € 375,406. 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 September 25, 2026.

What it is worth Growing

€ 6.2 million

▲ 6% vs 2024

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

Profit Healthy

€ 375,406

▼ 43% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 271% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 6.2 million.

People and assets in 2025

Full-time equivalents

1

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

Wage cost

€ 43,215

▼ 54% vs 2024

€ 43,200 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

€ 1,662

▼ 53% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go

€ 1.9 million

▲ € 1.7 million vs 2024

€ 171,198 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 73,638

▲ € 72,906 vs 2024

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

Taxes and wages

€ 182,047

▼ 46% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 959,344 € 1,826,142 € 789,189 € 631,959 ▼ 20%
Profit after taxes € 480,128 € 1,081,782 € 658,285 € 375,406 ▼ 43%
Equity € 4,312,186 € 5,393,969 € 5,827,254 € 6,202,659 ▲ 6%
Total debts € 1,545,071 € 2,773,293 € 1,230,151 € 2,184,924 ▲ 78%
Cash € 32,907 € 1,471,362 € 291,845 € 1,081,939 ▲ 271%
Land & buildings € 880,710 € 825,397 € 828,261 € 1,644,310 ▲ 99%
Retained profit € 4,293,586 € 5,375,369 € 5,808,654 € 6,184,059 ▲ 6%
Dividend € 0 € 0 € 225,000 € 0 ▼ 100%
Bank debt € 300,821 € 265,539 € 229,388 € 1,888,892 ▲ € 1.7 million
Balance sheet total € 5,857,257 € 8,167,261 € 7,057,405 € 8,387,584 ▲ 19%
Employees (FTE) 4.8 5 1 1

Key figures of AARM, 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 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 2025: profit of € 375,406 (▼ 43% vs 2024). filed late Source: NBB ↗
  • New establishment in Brugge. KBO
  • Start of the company according to the CBE. KBO

In short

From € 480,128 profit in 2022 to € 375,406 profit in 2025.

Paid € 774,084 in corporate taxes since 2022.

Best year ever: 2023, with € 1.1 million profit.

On average € 632,000 of value added per employee in 2025.

Management

Rob Michiels
AARM

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

Directors

According to the 2025 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 (2 November 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.