ACTIVE

ARMATANE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

131,6 k €

-13.2% YoY

Gross margin

495,5 k €

+4.3% YoY

Equity

708,9 k €

+22.8% YoY

What does ARMATANE do?

ARMATANE is a Public limited company incorporated in 1995. Its main activity is: Gambling and betting activities. Its registered office is in Mons.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.250.989

Incorporation

11/05/1995

Legal form

Public limited company

Registered office

Avenue des Bassins 22
7000 Mons · WallonieSee on map

Contributed capital

185 920,14 €

Latest accounts

31/12/2025

Activities (NACE)

92613Gambling and betting activities· main 93110Operation of sports facilities 93110Operation of sports facilities 55401Accommodation 56301Beverage serving activities 56301Beverage serving activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

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	495,5 k €	+4.3%	475,2 k €	+28.7%	369,3 k €	+59.1%	232 k €	+11.2%	208,7 k €	+240%	61,4 k €	-70.8%	210,3 k €	+11.5%	188,6 k €	+5.5%	178,8 k €	-9.8%	198,3 k €	+20.5%	164,6 k €	-13.3%	189,9 k €	+15.8%	164 k €	-28.0%	227,7 k €	+14.5%	198,9 k €	+47.4%	134,9 k €	-4.0%	140,6 k €	+41.0%	99,7 k €	+5.4%	94,5 k €	-32.0%	139 k €
EBITDA	363,1 k €	-1.8%	369,8 k €	+45.2%	254,7 k €	+77.2%	143,8 k €	-18.9%	177,2 k €	+1778%	9,4 k €	-90.8%	102,2 k €	+18.5%	86,2 k €	+4.8%	82,3 k €	-18.3%	100,7 k €	+6.9%	94,2 k €	-16.7%	113,2 k €	+83.1%	61,8 k €	-31.7%	90,5 k €	-9.9%	100,5 k €	+33.7%	75,2 k €	-18.0%	91,7 k €	+256%	25,7 k €	+95.0%	13,2 k €	-79.9%	65,6 k €
Operating result	223,3 k €	-7.4%	241 k €	+41.7%	170,1 k €	+87.1%	90,9 k €	-24.7%	120,7 k €	+355%	-47,2 k €	-189%	53,3 k €	+47.0%	36,3 k €	-20.3%	45,5 k €	-33.1%	68 k €	+12.0%	60,7 k €	+60.8%	37,8 k €	+252%	-24,8 k €	-611%	-3,5 k €	-132%	11 k €	+124%	-46,3 k €	-90.8%	-24,2 k €	+71.5%	-85,2 k €	-81.6%	-46,9 k €	-1201%	-3,6 k €
Net result	131,6 k €	-13.2%	151,6 k €	+38.9%	109,1 k €	+62.2%	67,3 k €	-36.8%	106,4 k €	+271%	-62,3 k €	-280%	34,5 k €	+124%	15,4 k €	-38.5%	25,1 k €	-49.0%	49,2 k €	+29.2%	38,1 k €	+165%	14,4 k €	+128%	-52 k €	-57.8%	-32,9 k €	-44.3%	-22,8 k €	+69.3%	-74,4 k €	-36.8%	-54,4 k €	+54.1%	-118,6 k €	-67.1%	-71 k €	-128%	-31,1 k €
Balance sheet
Equity	708,9 k €	+22.8%	577,3 k €	+35.6%	425,7 k €	+34.5%	316,6 k €	+27.0%	249,3 k €	+74.4%	142,9 k €	-30.3%	205,2 k €	+20.2%	170,7 k €	+9.9%	155,3 k €	+19.3%	130,2 k €	+60.7%	81 k €	+88.7%	42,9 k €	+50.3%	28,6 k €	-64.5%	80,6 k €	-29.0%	113,5 k €	-16.7%	136,3 k €	-35.3%	210,7 k €	-20.5%	265,1 k €	+370%	-98,3 k €	-259%	-27,4 k €
Total assets	1,7 M €	+11.4%	1,5 M €	+36.9%	1,1 M €	+94.8%	573,8 k €	-4.4%	600,4 k €	+16.2%	516,6 k €	-6.1%	549,9 k €	-8.0%	597,9 k €	+5.7%	565,7 k €	+34.8%	419,6 k €	+4.3%	402,4 k €	+3.3%	389,6 k €	-16.6%	467 k €	-18.1%	570,3 k €	-12.6%	652,5 k €	+4.6%	623,7 k €	-10.3%	695,1 k €	-10.0%	772,7 k €	+88.7%	409,6 k €	-33.4%	615,1 k €
Cash	165,6 k €	-13.5%	191,6 k €	-14.9%	225,1 k €	+715%	27,6 k €	-82.8%	160,3 k €	+2625%	5,9 k €	-90.9%	64,5 k €	+14.4%	56,4 k €	-53.0%	119,9 k €	+49.2%	80,4 k €	+66.2%	48,4 k €	+56.1%	31 k €	+28.8%	24,1 k €	-43.5%	42,6 k €	-11.9%	48,4 k €	+176%	17,5 k €	-32.5%	26 k €	+117%	12 k €	-64.8%	33,9 k €	+25.7%	27 k €
Debts	994,7 k €	+4.4%	952,5 k €	+37.7%	691,9 k €	+169%	257,2 k €	-26.7%	351 k €	-6.0%	373,7 k €	+8.4%	344,7 k €	-19.2%	426,6 k €	+4.0%	410,2 k €	+41.7%	289,5 k €	-9.9%	321,2 k €	-6.8%	344,7 k €	-21.1%	436,7 k €	-10.8%	489,7 k €	-9.2%	539 k €	+10.6%	487,4 k €	+0.6%	484,4 k €	-4.4%	506,7 k €	-0.2%	507,9 k €	-20.9%	642,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,7 ETP	0.0%	1,7 ETP	-22.7%	2,2 ETP	-35.3%	3,4 ETP	+47.8%	2,3 ETP	+76.9%	1,3 ETP	+30.0%	1,0 ETP	-28.6%	1,4 ETP	-39.1%	2,3 ETP	-17.9%	2,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Aude LOR

Director · since 15 mars 2022 · until 30 juin 2028

Active

Jean-Marc SAMAIN

Director · since 15 mars 2022 · until 30 juin 2028

Active

Pierre-Yves GONZE

Managing director · since 15 mars 2022 · until 30 juin 2028

Active

Ended mandates

Aude LOR

Director · since 01 septembre 2014 · until 31 août 2020

Ended

Aude LOR

Director · since 01 septembre 2014

Ended

Jean-Marc SAMAIN

Director · since 01 septembre 2014 · until 31 août 2020

Ended

Jean-Marc SAMAIN

Director · since 01 septembre 2014

Ended

At this address

Other companies at this address

Company	CBE no.
D.N.M.C.● Active	0839.758.692

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/06/2026	11/07/2025	29/08/2024	09/08/2023	23/08/2022	26/10/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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 days

Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/06/2026	French	PDF
Micro model	31/12/2024	27/06/2025	11/07/2025	French	PDF
Micro model	31/12/2023	28/06/2024	29/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	09/08/2023	French	PDF
Micro model	31/12/2021	30/06/2022	23/08/2022	French	PDF
Micro modelCorrection	31/12/2020	30/06/2021	26/10/2021	French	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	26/08/2020	16/09/2020	French	PDF
Micro model	31/12/2018	11/06/2019	19/07/2019	French	PDF
Micro model	31/12/2017	07/08/2018	10/08/2018	French	PDF
Micro model	31/12/2016	27/11/2017	29/11/2017	French	PDF
Abridged model	31/12/2015	10/08/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	22/03/2016	24/03/2016	French	PDF
Abridged model	31/12/2013	18/11/2014	17/12/2014	French	PDF
Abridged model	31/12/2012	17/09/2013	24/09/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	21/06/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	09/06/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	03/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	06/11/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	11/09/2007	French	PDF
Abridged modelCorrection	31/12/2005	30/06/2006	05/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Aude LOR

Director · since 15 mars 2022 · until 30 juin 2028

Active

Jean-Marc SAMAIN

Director · since 15 mars 2022 · until 30 juin 2028

Active

Pierre-Yves GONZE

Managing director · since 15 mars 2022 · until 30 juin 2028

Active

Ended mandates

Aude LOR

Director · since 01 septembre 2014 · until 31 août 2020

Ended

Aude LOR

Director · since 01 septembre 2014

Ended

Jean-Marc SAMAIN

Director · since 01 septembre 2014 · until 31 août 2020

Ended

Jean-Marc SAMAIN

Director · since 01 septembre 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares29/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
PDF
Mandates05/04/2022
DEMISSIONS, NOMINATIONS
PDF
Other17/02/2015
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/02/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates10/10/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates28/06/2005
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025131,6 k €↓
2024
Annual accounts 2024151,6 k €↑
2023
Annual accounts 2023109,1 k €↑
2022
Annual accounts 202267,3 k €↓
2021
Annual accounts 2021106,4 k €↑
2020
Annual accounts 2020-62,3 k €↓
2019
Annual accounts 201934,5 k €↑
2018
Annual accounts 201815,4 k €↓
2017
Annual accounts 201725,1 k €↓
2016
Annual accounts 201649,2 k €↑
2015
Annual accounts 201538,1 k €↑
2014
Annual accounts 201414,4 k €↑
2013
Annual accounts 2013-52 k €↓
2012
Annual accounts 2012-32,9 k €↓
2011
Annual accounts 2011-22,8 k €↑
2010
Annual accounts 2010-74,4 k €↓
2009
Annual accounts 2009-54,4 k €↑
2008
Annual accounts 2008-118,6 k €↓
2007
Annual accounts 2007-71 k €↓
2006
Annual accounts 2006-31,1 k €
11/05/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ARMATANE

Overview

What does ARMATANE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline