ARMOSA TECH
0428.001.216 · rovalta.com · 23/09/2026
ACTIVE
ARMOSA TECH
Financial year 2025 · closed on 31/12/2025
Net result
921,6 k €
+37.6% YoY
Revenue
9,1 M €
+47.2% YoY
Equity
2,7 M €
+18.9% YoY
Workforce
0,8 ETP
-50.0% YoY
Overview
What does ARMOSA TECH do?
ARMOSA TECH is a Public limited company incorporated in 1985. Its registered office is in Engis. It employs on average 0,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.001.216
Incorporation
30/10/1985
Legal form
Public limited company
Registered office
Rue des Tuiliers 1
4480 Engis · WallonieSee on map
4480 Engis · WallonieSee on map
Contributed capital
158 323,98 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Joint committees (2)
- 207
- 20700
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 9,1 M € | +47.2% | 6,2 M € | +44.1% | 4,3 M € | -12.5% | 4,9 M € | +17.8% | 4,2 M € | – | 4,3 M € | -66.6% | 12,7 M € | +18.0% | 10,8 M € | -14.2% | 12,6 M € | +40.9% | 8,9 M € | – | – | – | – | – | – | – | |||||||||
| EBITDA | 3,5 M € | +18.7% | 2,9 M € | +17.3% | 2,5 M € | +31.5% | 1,9 M € | -1.3% | 1,9 M € | -4.1% | 2 M € | +28.4% | 1,6 M € | -8.9% | 1,7 M € | +13.1% | 1,5 M € | -20.5% | 1,9 M € | +55.5% | 1,2 M € | +27.7% | 962,7 k € | +13.2% | 850,2 k € | +19.5% | 711,7 k € | -24.3% | 940,6 k € | +2.4% | 918,2 k € | +41.8% | 647,5 k € | +31.3% | 493,1 k € |
| Operating result | 1,3 M € | +27.3% | 1 M € | +29.3% | 774,4 k € | +82.4% | 424,6 k € | -45.9% | 784,6 k € | -12.9% | 901,1 k € | +121% | 408,4 k € | +17.8% | 346,6 k € | -22.4% | 446,7 k € | -50.5% | 902,9 k € | +65.2% | 546,4 k € | +204% | 179,5 k € | +201% | -177,5 k € | +66.9% | -535,8 k € | -506% | -88,4 k € | -184% | 105,5 k € | -54.3% | 230,9 k € | -42.7% | 402,9 k € |
| Net result | 921,6 k € | +37.6% | 669,7 k € | -4.0% | 697,2 k € | +126% | 308,6 k € | -51.9% | 642,2 k € | -6.1% | 683,9 k € | +100% | 341,4 k € | +64.0% | 208,2 k € | -32.4% | 308,1 k € | -61.0% | 788,9 k € | +87.6% | 420,4 k € | +106% | 204,3 k € | +186% | 71,5 k € | +296% | 18,1 k € | -62.7% | 48,4 k € | -82.9% | 282,5 k € | +76.0% | 160,5 k € | -40.3% | 268,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,7 M € | +18.9% | 2,2 M € | +13.7% | 2 M € | +29.5% | 1,5 M € | +25.5% | 1,2 M € | +2.7% | 1,2 M € | +6.2% | 1,1 M € | -64.3% | 3,1 M € | +0.8% | 3,1 M € | +2.0% | 3 M € | +2.5% | 2,9 M € | +15.3% | 2,6 M € | +0.4% | 2,5 M € | -4.4% | 2,7 M € | +8.0% | 2,5 M € | -7.7% | 2,7 M € | +62.7% | 1,6 M € | +66.7% | 984,7 k € |
| Total assets | 11,3 M € | +6.0% | 10,7 M € | +16.2% | 9,2 M € | +2.1% | 9 M € | +23.4% | 7,3 M € | -7.2% | 7,9 M € | +12.7% | 7 M € | -41.6% | 11,9 M € | +10.0% | 10,9 M € | +8.6% | 10 M € | +37.7% | 7,3 M € | +12.5% | 6,4 M € | +2.5% | 6,3 M € | -12.6% | 7,2 M € | +5.5% | 6,8 M € | -5.1% | 7,2 M € | +89.1% | 3,8 M € | +51.8% | 2,5 M € |
| Cash | 262 k € | -58.2% | 627,2 k € | +5124% | 12 k € | -95.7% | 280 k € | +229% | 85,2 k € | -92.7% | 1,2 M € | +1649% | 66,9 k € | -85.3% | 454,3 k € | +20.8% | 375,9 k € | -26.3% | 509,7 k € | +31.7% | 386,9 k € | -23.4% | 504,9 k € | +61.1% | 313,5 k € | -37.4% | 500,5 k € | +227% | 153,3 k € | -56.1% | 349,3 k € | -43.9% | 622,6 k € | +25.8% | 494,8 k € |
| Debts | 8,6 M € | +2.6% | 8,4 M € | +16.8% | 7,2 M € | -3.5% | 7,5 M € | +23.0% | 6,1 M € | -8.8% | 6,7 M € | +13.7% | 5,9 M € | -33.5% | 8,8 M € | +13.5% | 7,8 M € | +11.7% | 6,9 M € | +61.8% | 4,3 M € | +10.8% | 3,9 M € | +3.9% | 3,7 M € | -17.6% | 4,5 M € | +4.1% | 4,3 M € | -3.7% | 4,5 M € | +109% | 2,2 M € | +42.3% | 1,5 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 0,8 ETP | -50.0% | 1,6 ETP | -20.0% | 2,0 ETP | -9.1% | 2,2 ETP | +15.8% | 1,9 ETP | +90.0% | 1,0 ETP | 0.0% | 1,0 ETP | -94.7% | 18,8 ETP | -4.6% | 19,7 ETP | +21.6% | 16,2 ETP | -0.6% | 16,3 ETP | 0.0% | 16,3 ETP | +9.4% | 14,9 ETP | -11.8% | 16,9 ETP | +38.5% | 12,2 ETP | +41.9% | 8,6 ETP | 0.0% | 8,6 ETP | +19.4% | 7,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 26 ended
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/06/2026 | 20/05/2025 | 28/05/2024 | 25/05/2023 | 23/05/2022 | 17/05/2021 |
| General meeting | 15/05/2026 | 16/05/2025 | 24/05/2024 | 22/05/2023 | 20/05/2022 | 07/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 15/05/2026 | 01/06/2026 | French | |
| Full model | 31/12/2024 | 16/05/2025 | 20/05/2025 | French | |
| Full model | 31/12/2023 | 24/05/2024 | 28/05/2024 | French | |
| Full model | 31/12/2022 | 22/05/2023 | 25/05/2023 | French | |
| Full model | 31/12/2021 | 20/05/2022 | 23/05/2022 | French | |
| Abridged model | 31/12/2020 | 07/05/2021 | 17/05/2021 | French | |
| Full model | 31/12/2019 | 15/05/2020 | 28/05/2020 | French | |
| Full model | 31/12/2018 | 17/05/2019 | 27/05/2019 | French | |
| Full model | 31/12/2017 | 08/06/2018 | 15/06/2018 | French | |
| Full model | 31/12/2016 | 28/04/2017 | 29/05/2017 | French | |
| Full model | 31/12/2015 | 20/05/2016 | 31/05/2016 | French | |
| Full model | 30/09/2014 | 24/02/2015 | 04/03/2015 | French | |
| Abridged model | 30/09/2013 | 14/02/2014 | 17/02/2014 | French | |
| Abridged model | 30/09/2012 | 22/03/2013 | 27/03/2013 | French | |
| Abridged model | 30/09/2011 | 02/03/2012 | 07/03/2012 | French | |
| Abridged model | 30/09/2010 | 07/03/2011 | 25/03/2011 | French | |
| Abridged model | 30/09/2009 | 01/03/2010 | 03/03/2010 | French | |
| Abridged model | 30/09/2008 | 16/03/2009 | 17/03/2009 | French | |
| Abridged model | 30/09/2007 | 03/03/2008 | 05/03/2008 | French | |
| Abridged model | 30/09/2006 | 07/03/2007 | 07/03/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 26 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates15/06/2026DEMISSIONS, NOMINATIONS
- Mandates11/06/2025DEMISSIONS, NOMINATIONS
- Mandates29/08/2024DEMISSIONS, NOMINATIONS
- Mandates27/05/2021DEMISSIONS, NOMINATIONS
- Mandates05/06/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
- Mandates10/04/2020DEMISSIONS, NOMINATIONS
- Restructuring14/08/2018RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring29/05/2018RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025921,6 k €↑
- 2024Annual accounts 2024669,7 k €↓
- 2023Annual accounts 2023697,2 k €↑
- 2022Annual accounts 2022308,6 k €↓
- 2021Annual accounts 2021642,2 k €↓
- 2020Annual accounts 2020683,9 k €↑
- 2019Annual accounts 2019341,4 k €↑
- 2017Annual accounts 2017208,2 k €↓
- 2016Annual accounts 2016308,1 k €↓
- 2015Annual accounts 2015788,9 k €↑
- 2014Annual accounts 2014420,4 k €↑
- 2013Annual accounts 2013204,3 k €↑
- 2012Annual accounts 201271,5 k €↑
- 2011Annual accounts 201118,1 k €↓
- 2010Annual accounts 201048,4 k €↓
- 2009Annual accounts 2009282,5 k €↑
- 2008Annual accounts 2008160,5 k €↓
- 2007Annual accounts 2007268,9 k €
- 30/10/1985IncorporationPublic limited company