ARMALU
0445.558.909 · rovalta.com · 23/09/2026
ACTIVE
ARMALU
Financial year 2025 · closed on 31/12/2025
Net result
-4,4 k €
-194.5% YoY
Gross margin
11,1 k €
+5.9% YoY
Equity
135,9 k €
-3.1% YoY
Overview
What does ARMALU do?
ARMALU is a Public limited company incorporated in 1991. Its registered office is in Zonhoven.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0445.558.909
Incorporation
23/10/1991
Legal form
Public limited company
Registered office
Vrankenschansweg 36
3520 Zonhoven · FlandreSee on map
3520 Zonhoven · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
Solid equityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 11,1 k € | +5.9% | 10,5 k € | -25.9% | 14,2 k € | -17.0% | 17,1 k € | +5.0% | 16,3 k € | +158% | 6,3 k € | -97.2% | 228,5 k € | +1578% | 13,6 k € | +33.3% | 10,2 k € | -66.0% | 30 k € | +275% | 8 k € | -0.0% | 8 k € | -26.1% | 10,8 k € | -6.6% | 11,6 k € | +19.2% | 9,7 k € | +27.4% | 7,6 k € | -2.5% | 7,8 k € | +60.9% | 4,9 k € | -66.7% | 14,6 k € | +34.0% | 10,9 k € |
| EBITDA | 8,1 k € | +11.0% | 7,3 k € | -34.1% | 11,1 k € | -22.6% | 14,3 k € | +5.6% | 13,6 k € | +273% | 3,6 k € | -98.4% | 225,3 k € | +2010% | 10,7 k € | +45.7% | 7,3 k € | -70.8% | 25,1 k € | +391% | 5,1 k € | -0.2% | 5,1 k € | -35.8% | 8 k € | -9.4% | 8,8 k € | +26.7% | 7 k € | +159% | 2,7 k € | -64.1% | 7,5 k € | +222% | 2,3 k € | -80.8% | 12,1 k € | +49.8% | 8,1 k € |
| Operating result | -4,2 k € | -158% | 7,3 k € | -34.1% | 11,1 k € | -22.6% | 14,3 k € | +5.6% | 13,6 k € | +273% | 3,6 k € | -98.4% | 225,3 k € | +2010% | 10,7 k € | +45.7% | 7,3 k € | -70.8% | 25,1 k € | +391% | 5,1 k € | -0.2% | 5,1 k € | -35.8% | 8 k € | -9.4% | 8,8 k € | +26.7% | 7 k € | +159% | 2,7 k € | -64.1% | 7,5 k € | +222% | 2,3 k € | -80.8% | 12,1 k € | +49.8% | 8,1 k € |
| Net result | -4,4 k € | -194% | 4,7 k € | +45.7% | 3,2 k € | -66.1% | 9,5 k € | +5.6% | 9 k € | +96.6% | 4,6 k € | -97.6% | 190,1 k € | +1704% | 10,5 k € | +46.5% | 7,2 k € | -71.3% | 25 k € | +399% | 5 k € | -0.2% | 5 k € | -36.2% | 7,9 k € | -9.5% | 8,7 k € | +25.8% | 6,9 k € | +169% | 2,6 k € | -65.1% | 7,4 k € | +236% | 2,2 k € | -81.5% | 11,8 k € | +48.5% | 8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 135,9 k € | -3.1% | 140,3 k € | +3.4% | 135,6 k € | +2.4% | 132,4 k € | +7.7% | 123 k € | +7.9% | 114 k € | -56.1% | 259,9 k € | +272% | 69,8 k € | +17.8% | 59,3 k € | +13.8% | 52,1 k € | +92.6% | 27 k € | +22.8% | 22 k € | +29.6% | 17 k € | +86.5% | 9,1 k € | +2140% | 406,8 € | +106% | -6,5 k € | +28.3% | -9,1 k € | +44.8% | -16,5 k € | +11.8% | -18,7 k € | +38.8% | -30,5 k € |
| Total assets | 193,1 k € | +4.5% | 184,7 k € | +1.7% | 181,6 k € | -7.5% | 196,2 k € | -1.8% | 199,8 k € | -3.1% | 206,2 k € | -22.9% | 267,5 k € | +31.7% | 203,1 k € | -6.8% | 217,8 k € | -3.3% | 225,3 k € | -10.4% | 251,3 k € | +0.5% | 250 k € | +1.5% | 246,3 k € | -0.4% | 247,4 k € | +4.8% | 236,1 k € | -1.3% | 239,1 k € | -8.2% | 260,4 k € | +2.9% | 253,1 k € | +1.0% | 250,7 k € | +4.9% | 238,9 k € |
| Cash | 1,8 k € | -42.7% | 3,1 k € | +184% | 1,1 k € | -93.1% | 15,8 k € | -18.9% | 19,5 k € | -24.7% | 25,9 k € | -65.8% | 75,6 k € | +3057% | 2,4 k € | -86.1% | 17,2 k € | -31.4% | 25,1 k € | +37.4% | 18,2 k € | +7.7% | 16,9 k € | +26.8% | 13,4 k € | -7.6% | 14,5 k € | +352% | 3,2 k € | -39.0% | 5,2 k € | +0.9% | 5,2 k € | +191% | 1,8 k € | -48.3% | 3,5 k € | +34.4% | 2,6 k € |
| Debts | 55,9 k € | +33.2% | 41,9 k € | -8.8% | 46 k € | -28.0% | 63,8 k € | -17.0% | 76,9 k € | -16.1% | 91,6 k € | +1200% | 7 k € | -94.7% | 132,7 k € | -16.0% | 158 k € | -8.2% | 172,1 k € | -23.1% | 223,7 k € | -1.4% | 226,8 k € | -0.9% | 228,7 k € | -4.0% | 238,2 k € | +1.1% | 235,7 k € | -4.0% | 245,5 k € | -8.8% | 269,4 k € | -0.0% | 269,4 k € | +0.0% | 269,3 k € | -0.0% | 269,4 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 19 ended
Active mandates
Active
Ended mandates
Liliane Derwael
EndedLudo Derwael
EndedJo Crayebebeckx
EndedJo Crayebebeckx
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
V.G.H.B.● Active | 0658.742.440 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro 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 | 24/07/2026 | 07/07/2025 | 09/07/2024 | 16/06/2023 | 01/08/2022 | 15/07/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 21/06/2024 | 16/06/2023 | 17/06/2022 | 18/06/2021 |
| 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 |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 19/06/2026 | 24/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 20/06/2025 | 07/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 21/06/2024 | 09/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 16/06/2023 | 16/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 17/06/2022 | 01/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 18/06/2021 | 15/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/06/2020 | 28/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 21/06/2019 | 27/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/06/2018 | 05/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 16/06/2017 | 17/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/06/2016 | 30/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/06/2015 | 16/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/06/2014 | 14/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/06/2013 | 01/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/06/2012 | 18/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 17/06/2011 | 07/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 18/06/2010 | 01/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 19/06/2009 | 19/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/06/2008 | 26/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 12/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
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 · 1 active · 19 ended
Active mandates
Active
Ended mandates
Liliane Derwael
EndedLudo Derwael
EndedJo Crayebebeckx
EndedJo Crayebebeckx
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office17/07/2026MAATSCHAPPELIJKE ZETEL
- Mandates09/07/2025ONTSLAGEN - BENOEMINGEN - DIVERSEN
- Mandates14/12/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Registered office07/05/2019MAATSCHAPPELIJKE ZETEL
- Mandates28/03/2017ONTSLAGEN - BENOEMINGEN
- Mandates03/09/2014ONTSLAGEN - BENOEMINGEN
- Mandates24/07/2012ONTSLAGEN - BENOEMINGEN
- Mandates04/09/2006ONTSLAGEN - BENOEMINGEN
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 2025-4,4 k €↓
- 2024Annual accounts 20244,7 k €↑
- 2023Annual accounts 20233,2 k €↓
- 2022Annual accounts 20229,5 k €↑
- 2021Annual accounts 20219 k €↑
- 2020Annual accounts 20204,6 k €↓
- 2019Annual accounts 2019190,1 k €↑
- 2018Annual accounts 201810,5 k €↑
- 2017Annual accounts 20177,2 k €↓
- 2016Annual accounts 201625 k €↑
- 2015Annual accounts 20155 k €↓
- 2014Annual accounts 20145 k €↓
- 2013Annual accounts 20137,9 k €↓
- 2012Annual accounts 20128,7 k €↑
- 2011Annual accounts 20116,9 k €↑
- 2010Annual accounts 20102,6 k €↓
- 2009Annual accounts 20097,4 k €↑
- 2008Annual accounts 20082,2 k €↓
- 2007Annual accounts 200711,8 k €↑
- 2006Annual accounts 20068 k €
- 23/10/1991IncorporationPublic limited company