Financials
Financial year 2025
ARMO PROJECTS from Oostende, company number BE0692691846, closed financial year 2025 with a result of € 509,363 after tax. For that financial year ARMO PROJECTS recorded a gross margin of € 822,542 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 579,382 to € 509,363. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 1.7 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 509,363
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 217,193
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
20 % of the profit went to the shareholders, mostly to VDG Invest (50 % of the shares). That is where the money ends up.
People and assets in 2025
€ 336
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.1 million
▲ 48% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 37,755
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,284
▲ 5% 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 | € 328,078 | € 223,122 | € 141,752 | € 822,542 | ▲ € 680,790 |
| Profit after taxes | € 209,431 | € 60,544 | € 579,382 | € 509,363 | ▼ 12% |
| Equity | € 773,864 | € 834,408 | € 1,313,789 | € 1,723,152 | ▲ 31% |
| Total debts | € 3,047,083 | € 3,437,666 | € 4,895,956 | € 6,486,941 | ▲ 32% |
| Cash | € 614 | € 208,802 | € 568,544 | € 217,193 | ▼ 62% |
| Land & buildings | - | - | € 31,807 | € 31,007 | ▼ 3% |
| Retained profit | € 755,264 | € 815,808 | € 1,295,189 | € 1,704,552 | ▲ 32% |
| Dividend | € 0 | € 0 | € 100,000 | € 100,000 | |
| Bank debt | € 2,616,426 | € 2,389,339 | € 3,465,095 | € 5,113,695 | ▲ 48% |
| Balance sheet total | € 3,820,947 | € 4,272,074 | € 6,209,745 | € 8,210,093 | ▲ 32% |
Key figures of ARMO PROJECTS, 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 ARMO PROJECTS?
What happened at ARMO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 509,363 (▼ 12% vs 2024). filed late Source: NBB ↗
- Juma NV became a director. NBB
- VDG Invest BV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 209,431 profit in 2022 to € 509,363 profit in 2025.
Paid € 234,225 in corporate taxes since 2022.
Best year ever: 2024, with € 579,382 profit.
Paid out € 200,000 in dividends to the owners in total.
Management
The stake of VDG Invest, JUMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARMO PROJECTSBehind ARMO PROJECTS are Juma NV and VDG Invest BV. The shares are held by VDG Invest (50%) and JUMA (50%). It owns 100% of Armo Construct itself.
Directors
According to the 2025 annual accounts
since 2024
since 2024
Shareholders
50%
50%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Alfons Pieterslaan 90 - 92
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0692.691.846
- VAT number
- BE 0692.691.846
- Registered office
- Alfons Pieterslaan 90 - 92, 8400 Oostende
- Names & denominations
- ARMO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2018
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen