ACTIVE

ARMANG

Financial year 2025 · closed on 31/12/2025
Net result
676,4 k €
+17.7% YoY
Gross margin
247,7 k €
+5.0% YoY
Equity
9,1 M €
+2.5% YoY

What does ARMANG do?

ARMANG is a Private limited company incorporated in 2012. Its main activity is: Repair of machinery. Its registered office is in Pittem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0502.552.743
Incorporation
28/12/2012
Legal form
Private limited company
Registered office
Posterijlaan 53
8740 Pittem · FlandreSee on map
Contributed capital
5 230 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin247,7 k €235,9 k €225,5 k €197,5 k €191,1 k €186,1 k €182,8 k €148,6 k €144,3 k €126,7 k €107,1 k €104,2 k €30,8 k €
EBITDA78,9 k €73 k €65 k €57,6 k €57 k €57,4 k €18,6 k €31 k €29,7 k €23,9 k €-728 €10,8 k €-5,6 k €
Operating result64,8 k €58,9 k €55,2 k €50,1 k €49,5 k €49,9 k €8,8 k €25,5 k €24 k €18,2 k €-6,6 k €7,8 k €-5,6 k €
Net result676,4 k €574,7 k €576,7 k €544,8 k €308,4 k €667,8 k €457,5 k €463 k €6,6 k €93,2 k €5,6 k €14,9 k €491,7 k €
Balance sheet
Equity9,1 M €8,9 M €8,8 M €8,2 M €7,7 M €7,4 M €6,8 M €6,3 M €5,8 M €5,8 M €5,7 M €5,7 M €5,7 M €
Total assets9,8 M €9,1 M €8,9 M €8,3 M €7,9 M €7,6 M €6,9 M €6,5 M €6,5 M €6,5 M €6,4 M €5,8 M €5,7 M €
Cash1,1 M €782,2 k €521,1 k €494 k €842,4 k €893,5 k €242,8 k €96,6 k €91,5 k €69,7 k €11,8 k €522,2 k €511,7 k €
Debts690 k €186,1 k €146,6 k €115,8 k €138,4 k €160,1 k €98,8 k €197,3 k €647,5 k €625,3 k €615,7 k €50,7 k €20,6 k €
Other
Workforce1,8 ETP1,8 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

FREAN

Director · since 19 juin 2023 · 0463.329.705

Represented by Verhoye FREDERIK

Active
KUREV

Director · since 19 juin 2023 · 0877.561.374

Represented by Verhoye EVELYN

Active

Ended mandates

FREAN

Manager · since 28 décembre 2012 · 0463.329.705

Represented by Frederik VERHOYE

Ended
FREAN

Director · since 28 décembre 2012 · 0463.329.705

Represented by Frederik VERHOYE

Ended
FREAN

Manager · since 28 décembre 2012 · 0463.329.705

Represented by Frederik VERHOYE

Ended
KUREV

Manager · since 28 décembre 2012 · 0877.561.374

Represented by Evelyn VERHOYE

Ended
At this address

Other companies at this address

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A.L.M.Active
0434.037.386
A.L.M. TRANSActive
0667.842.129
AVERO HANDLINGActive
0423.703.126
0662.500.694
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date28/08/202618/07/202529/08/202429/08/202321/07/202216/06/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202628/08/2026DutchPDF
Abridged model31/12/202413/06/202518/07/2025DutchPDF
Micro model31/12/202314/06/202429/08/2024DutchPDF
Micro model31/12/202209/06/202329/08/2023DutchPDF
Micro model31/12/202110/06/202221/07/2022DutchPDF
Micro model31/12/202011/06/202116/06/2021DutchPDF
Micro model31/12/201912/06/202020/07/2020DutchPDF
Micro model31/12/201814/06/201901/07/2019DutchPDF
Micro model31/12/201708/06/201817/07/2018DutchPDF
Micro model31/12/201609/06/201730/08/2017DutchPDF
Abridged model31/12/201510/06/201629/06/2016DutchPDF
Abridged model31/12/201412/06/201520/08/2015DutchPDF
Abridged model31/12/201313/06/201422/08/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 8 ended

Active mandates

FREAN

Director · since 19 juin 2023 · 0463.329.705

Represented by Verhoye FREDERIK

Active
KUREV

Director · since 19 juin 2023 · 0877.561.374

Represented by Verhoye EVELYN

Active

Ended mandates

FREAN

Manager · since 28 décembre 2012 · 0463.329.705

Represented by Frederik VERHOYE

Ended
FREAN

Director · since 28 décembre 2012 · 0463.329.705

Represented by Frederik VERHOYE

Ended
FREAN

Manager · since 28 décembre 2012 · 0463.329.705

Represented by Frederik VERHOYE

Ended
KUREV

Manager · since 28 décembre 2012 · 0877.561.374

Represented by Evelyn VERHOYE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/05/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/01/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025676,4 k €
  2. 2024
    Annual accounts 2024574,7 k €
  3. 2023
    Annual accounts 2023576,7 k €
  4. 2022
    Annual accounts 2022544,8 k €
  5. 2021
    Annual accounts 2021308,4 k €
  6. 2020
    Annual accounts 2020667,8 k €
  7. 2019
    Annual accounts 2019457,5 k €
  8. 2018
    Annual accounts 2018463 k €
  9. 2017
    Annual accounts 20176,6 k €
  10. 2016
    Annual accounts 201693,2 k €
  11. 2015
    Annual accounts 20155,6 k €
  12. 2014
    Annual accounts 201414,9 k €
  13. 2013
    Annual accounts 2013491,7 k €
  14. 28/12/2012
    IncorporationPrivate limited company