Financials
Financial year 2025
ARMGROUP from Wetteren, company number BE0761357849, closed financial year 2025 with a result of € 29,328 after tax. For that financial year ARMGROUP recorded a gross margin of € 49,237 and equity of € 92,394. Compared with financial year 2024, the result moved from € 45,683 to € 29,328. 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 26, 2026.
€ 92,394
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,328
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 81,104
▲ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 86,394.
People and assets in 2025
€ 24,354
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,062
▼ 23% vs 2024
€ 3,973 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 180
Supplier invoices still open on the last day of the fiscal year.
€ 10,512
▲ 87% 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 | € 5,160 | € 8,222 | € 64,475 | € 49,237 | ▼ 24% |
| Profit after taxes | € 130 | € 1,780 | € 45,683 | € 29,328 | ▼ 36% |
| Equity | € 15,604 | € 17,384 | € 63,066 | € 92,394 | ▲ 47% |
| Total debts | € 8,862 | € 26,615 | € 22,995 | € 23,754 | ▲ 3% |
| Cash | € 2,391 | € 36,394 | € 43,269 | € 81,104 | ▲ 87% |
| Retained profit | € 9,604 | € 11,384 | € 57,066 | € 86,394 | ▲ 51% |
| Bank debt | € 0 | € 0 | € 16,900 | € 13,062 | ▼ 23% |
| Balance sheet total | € 24,466 | € 43,998 | € 86,061 | € 116,147 | ▲ 35% |
Key figures of ARMGROUP, 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 ARMGROUP?
What happened at ARMGROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,328 (▼ 36% vs 2024). Source: NBB ↗
- Artur Gevorgyan became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Wetteren. KBO
- Arsen Gevorgyan became a director. NBB
In short
From € 130 profit in 2022 to € 29,328 profit in 2025.
Paid € 23,135 in corporate taxes since 2022.
Best year ever: 2024, with € 45,683 profit.
Management
Behind ARMGROUP are Arsen Gevorgyan and Artur Gevorgyan.
Directors
According to the 2025 annual accounts
Arsen Gevorgyan
Director
since 2020
Artur Gevorgyan
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Jan Broeckaertlaan 38
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
ORACLE-BMC-31898 - Oracle Corporation, US
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- GEVORGYAN, Arsen(oprichter) 50%
- GEVORGYAN, Artur(oprichter) 50%
Details
- Company number
- 0761.357.849
- VAT number
- BE 0761.357.849
- Registered office
- Jan Broeckaertlaan 38, 9230 Wetteren
- Names & denominations
- ARMGROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2021
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie
Stukadoorswerk
Overige bouwinstallatie
Dakwerkzaamheden
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
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