ACTIVE

ARMANDINE MARTIN

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Financial year 2025 · Closed on 31/12/2025

Net result-5,3 k €+52,4 %over 1 year
Gross margin-5,5 k €+50,8 %over 1 year
Equity228,3 k €-2,3 %over 1 year

Identity

Source · BCE/KBO

ARMANDINE MARTIN is a Public limited company incorporated in 1989. Its main activity is: Retail sale of medical and orthopaedic goods in specialised stores. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.509.680
Incorporation
17/10/1989
Legal form
Public limited company
Registered office
Avenue Louise 367
1050 Ixelles · BruxellesSee on map
Contributed capital
255 330,33 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-5,5 k €-11,2 k €15 k €23,3 k €20,3 k €
EBITDA-5,9 k €-11,9 k €14,5 k €22,9 k €19,7 k €
Operating result-5,9 k €-11,9 k €14,5 k €21,8 k €18,6 k €
Net result-5,3 k €-11,1 k €11,2 k €19,6 k €18,5 k €
Balance sheet
Equity228,3 k €233,6 k €244,7 k €233,5 k €213,9 k €
Total assets233,7 k €246,9 k €252,1 k €310,5 k €275,7 k €
Cash2,2 k €1,6 k €8,3 k €23,2 k €94,5 k €
Debts5,4 k €13,3 k €7,4 k €77 k €61,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 10 ended

Active mandates

INVESTMENT FOR HEALTH, IWF

Managing director · since 21 décembre 2023 · until 21 décembre 2029 · 0795.928.946

Represented by Martin SCHOONBROODT

Active

Ended mandates

Martin SCHOONBROODT

Chairman of the board of directors · since 28 juin 2019 · until 27 juin 2025

Ended
Martin SCHOONBROODT

Managing director · since 28 juin 2019 · until 27 juin 2025

Ended
PROGESIMA

Director · since 28 juin 2019 · until 27 juin 2025 · 0430.132.840

Ended
Martin SCHOONBROODT

Chairman of the board of directors · since 21 juillet 2013 · until 28 juin 2019

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/09/202631/07/202527/09/202424/07/202309/10/202229/10/2021
General meeting13/08/202630/07/202524/09/202416/07/202312/09/202225/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/08/202619/09/2026FrenchPDF
Micro model31/12/202430/07/202531/07/2025FrenchPDF
Abridged model31/12/202324/09/202427/09/2024FrenchPDF
Abridged model31/12/202216/07/202324/07/2023FrenchPDF
Abridged model31/12/202112/09/202209/10/2022FrenchPDF
Abridged model31/12/202025/10/202129/10/2021FrenchPDF
Abridged model31/12/201912/10/202004/12/2020FrenchPDF
Abridged model31/12/201806/10/201914/10/2019FrenchPDF
Abridged model31/12/201724/09/201828/09/2018FrenchPDF
Abridged model31/12/201626/09/201729/09/2017FrenchPDF
Abridged model31/12/201523/09/201630/09/2016FrenchPDF
Abridged model31/12/201426/06/201524/07/2015FrenchPDF
Abridged model31/12/201318/09/201429/09/2014FrenchPDF
Abridged model31/12/201221/07/201324/07/2013FrenchPDF
Abridged model31/12/201126/10/201230/10/2012FrenchPDF
Abridged model31/12/201029/10/201108/11/2011FrenchPDF
Abridged model31/12/200915/09/201028/09/2010FrenchPDF
Abridged model31/12/200829/08/200931/08/2009FrenchPDF
Abridged model31/12/200716/08/200818/08/2008FrenchPDF
Abridged model31/12/200630/09/200731/10/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 10 ended

Active mandates

INVESTMENT FOR HEALTH, IWF

Managing director · since 21 décembre 2023 · until 21 décembre 2029 · 0795.928.946

Represented by Martin SCHOONBROODT

Active

Ended mandates

Martin SCHOONBROODT

Chairman of the board of directors · since 28 juin 2019 · until 27 juin 2025

Ended
Martin SCHOONBROODT

Managing director · since 28 juin 2019 · until 27 juin 2025

Ended
PROGESIMA

Director · since 28 juin 2019 · until 27 juin 2025 · 0430.132.840

Ended
Martin SCHOONBROODT

Chairman of the board of directors · since 21 juillet 2013 · until 28 juin 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/08/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office04/03/2013
    SIEGE SOCIAL
    PDF
  • Capital / shares19/01/2012
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates03/09/2008
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/06/2006
    SIEGE SOCIAL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-5,3 k €↑
  2. 2024
    Annual accounts 2024-11,1 k €↓
  3. 2024
    Name changeARMANDINE MARTIN sa/BE0438.509.680
  4. 2023
    Annual accounts 202311,2 k €↓
  5. 2022
    Annual accounts 202219,6 k €↑
  6. 2021
    Annual accounts 202118,5 k €↑
  7. 2021
    Name changeARMANDINE MARTIN sa
  8. 2020
    Annual accounts 202012,1 k €↑
  9. 2019
    Annual accounts 20199,9 k €↓
  10. 2018
    Annual accounts 201821,6 k €↑
  11. 2017
    Annual accounts 20174,9 k €↓
  12. 2016
    Annual accounts 20167,6 k €↑
  13. 2015
    Annual accounts 2015-3,3 k €↓
  14. 2014
    Annual accounts 2014-151,5 €↓
  15. 2013
    Annual accounts 20131,4 k €↓
  16. 2012
    Annual accounts 20126 k €↑
  17. 2011
    Annual accounts 20113,2 k €↑
  18. 2010
    Annual accounts 2010-12,9 k €↑
  19. 2009
    Annual accounts 2009-25,1 k €↓
  20. 2008
    Annual accounts 200811,6 k €↑
  21. 2007
    Annual accounts 20078,7 k €↑
  22. 2006
    Annual accounts 2006-62 k €
  23. 17/10/1989
    IncorporationPublic limited company