Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ArMau from Ninove, company number BE0759918388, closed financial year 2025 with a result of € -90,960 after tax. For that financial year ArMau recorded a gross margin of € 421,169 and equity of € 529,683. Compared with financial year 2024, the result moved from € 779,129 to € -90,960. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 529,683
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,960
▼ still € 779,129 profit in 2024
Profit after tax over the fiscal year.
€ 50,339
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 474,865.
People and assets in 2025
€ 6.1 million
▼ 7% vs 2024
Of which on lease € 6.1 million.
Debts at end 2025
€ 5 million
▼ 7% vs 2024
€ 393,705 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 29,626
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,810
▼ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 83,977 | € 1,760,235 | € 421,169 | ▼ 76% |
| Profit after taxes | € -253,931 | € 779,129 | € -90,960 | ▼ € 870,090 |
| Equity | € 1,001,731 | € 620,643 | € 529,683 | ▼ 15% |
| Total debts | € 5,241,409 | € 6,691,067 | € 6,308,646 | ▼ 6% |
| Cash | € 171,818 | € 50,357 | € 50,339 | |
| Land & buildings | € 5,753,819 | € 233,578 | € 199,008 | ▼ 15% |
| Retained profit | € -174,630 | € 565,826 | € 474,865 | ▼ 16% |
| Bank debt | € 4,924,130 | € 5,444,853 | € 5,048,904 | ▼ 7% |
| Balance sheet total | € 6,275,019 | € 7,342,560 | € 6,868,151 | ▼ 6% |
Key figures of ArMau, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ArMau?
What happened at ArMau in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,960 (▼ € 870,090 vs 2024). Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 253,931 loss in 2023 to € 90,960 loss in 2025.
Paid € 19 in corporate taxes since 2023.
Best year ever: 2024, with € 779,129 profit.
A new publication or filing at ArMau? We notify you, reason included.
Follow ArMauDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind ArMau are Martine Heestermans and Astrid Heiremans. The same people are also behind CRATUS INVEST. Martine Heestermans is also behind FloriAst. Astrid Heiremans is also behind CORNELIS - ADRIAENSSENS, FINFACTORY, AumRa and La Ricetta.
Directors
According to the 2025 annual accounts
Astrid Heiremans
Director
Also active at: CORNELIS - ADRIAENSSENS, FINFACTORY, AumRa, La Ricetta, CRATUS INVEST
Establishments
Establishment units
Physical locations of this company
Ring-Oost 14
9400 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0759.918.388
- VAT number
- BE 0759.918.388
- Registered office
- Ring-Oost 14, 9400 Ninove
- Names & denominations
- ArMau
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2020
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen