Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ARM Cars from Antwerpen, company number BE0728668354, closed financial year 2025 with a result of € -90,911 after tax. For that financial year ARM Cars recorded a gross margin of € 122,624 and equity of € -79,220. Compared with financial year 2024, the result moved from € -58,449 to € -90,911. 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 July 9, 2026.
€ -79,220
▼ € 90,911 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,911
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,644
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -99,220.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 124,329
▲ 43% 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.
€ 152,388
▲ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 268,003
▲ 104% vs 2024
€ 63,975 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11,821
▲ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,447
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,244 | € 79,371 | € 68,470 | € 122,624 | ▲ 79% |
| Profit after taxes | € 26,695 | € 4,376 | € -58,449 | € -90,911 | ▼ € 32,462 |
| Equity | € 65,764 | € 70,140 | € 11,691 | € -79,220 | ▼ € 90,911 |
| Total debts | € 88,921 | € 51,744 | € 190,003 | € 398,791 | ▲ 110% |
| Cash | € 14,357 | € 39,212 | € 28,558 | € 1,644 | ▼ 94% |
| Retained profit | € 45,764 | € 50,140 | € -8,309 | € -99,220 | ▼ € 90,911 |
| Bank debt | € 0 | € 30,000 | € 131,610 | € 268,003 | ▲ 104% |
| Balance sheet total | € 154,685 | € 121,884 | € 201,694 | € 319,571 | ▲ 58% |
Key figures of ARM Cars, 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 ARM Cars?
What happened at ARM Cars in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,911. Source: NBB ↗
- Lusine Khachatryan became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,695 profit in 2022 to € 90,911 loss in 2025.
Paid € 18,908 in corporate taxes since 2022.
Best year ever: 2022, with € 26,695 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Lusine Khachatryan
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Bisschoppenhoflaan 700
2100 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0728.668.354
- VAT number
- BE 0728.668.354
- Registered office
- Bisschoppenhoflaan 700, 2100 Antwerpen
- Names & denominations
- ARM Cars
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2019
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
Goederenvervoer over de weg
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Diensten in verband met vervoer te land