ARMAY
0670.874.566 · rovalta.com · 23/09/2026
ACTIVE
ARMAY
Financial year 2025 · closed on 31/12/2025
Net result
-12,9 k €
-422.0% YoY
Revenue
942,3 €
-97.4% YoY
Equity
-25,3 k €
-103.7% YoY
Overview
What does ARMAY do?
ARMAY is a Private limited company incorporated in 2017. Its registered office is in Namur.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0670.874.566
Incorporation
08/02/2017
Legal form
Private limited company
Registered office
Rue J.B. Brabant 41
5000 Namur · WallonieSee on map
5000 Namur · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
Good liquidity
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Financials
Trend over 8 financial years
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||
| Revenue | 942,3 € | -97.4% | 36,1 k € | – | – | – | – | – | – | ||||||
| EBITDA | -12,1 k € | -757% | 1,8 k € | +193% | -2 k € | -498% | -332,6 € | +93.2% | -4,9 k € | +79.1% | -23,3 k € | -298% | 11,8 k € | +380% | 2,4 k € |
| Operating result | -12,7 k € | -695% | -1,6 k € | +19.6% | -2 k € | -498% | -332,6 € | +93.2% | -4,9 k € | +80.6% | -25 k € | -313% | 11,8 k € | +380% | 2,4 k € |
| Net result | -12,9 k € | -422% | -2,5 k € | -990% | 277,9 € | +681% | -47,8 € | +98.7% | -3,6 k € | +83.2% | -21,2 k € | -314% | 9,9 k € | +4429% | 218,6 € |
| Balance sheet | |||||||||||||||
| Equity | -25,3 k € | -104% | -12,4 k € | -394% | 4,2 k € | +7.0% | 4 k € | -1.2% | 4 k € | -47.0% | 7,6 k € | -73.7% | 28,7 k € | +52.6% | 18,8 k € |
| Total assets | 27,7 k € | -21.2% | 35,1 k € | -19.8% | 43,7 k € | -59.0% | 106,6 k € | +74.6% | 61,1 k € | +169% | 22,7 k € | -67.2% | 69 k € | +102% | 34,1 k € |
| Cash | 11 € | -98.5% | 728,2 € | – | – | – | – | 20,4 k € | +329% | 4,8 k € | |||||
| Debts | 19,6 k € | +38.7% | 14,1 k € | +132% | 6,1 k € | -91.2% | 69,2 k € | +193% | 23,6 k € | +56.3% | 15,1 k € | -62.5% | 40,3 k € | +163% | 15,3 k € |
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
MURAT SANLI
ActiveTUBA ARMAY
ActiveEnded mandates
Murat SANLI
EndedMurat SANLI
EndedTUBA ARMAY
EndedTUBA ARMAY
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
AS● Active | 1019.277.384 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 20/08/2026 | 13/07/2025 | 06/07/2023 | 14/12/2022 | 14/09/2021 | 23/11/2020 |
| General meeting | 15/05/2026 | 16/05/2025 | 30/06/2023 | 20/05/2022 | 21/05/2021 | 23/11/2020 |
| 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
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Try for 7 daysFilings
Annual accounts filings
8 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/05/2026 | 20/08/2026 | French | |
| Micro model | 31/12/2024 | 16/05/2025 | 13/07/2025 | French | |
| Micro model | 31/12/2022 | 30/06/2023 | 06/07/2023 | French | |
| Micro model | 31/12/2021 | 20/05/2022 | 14/12/2022 | French | |
| Micro model | 31/12/2020 | 21/05/2021 | 14/09/2021 | French | |
| Micro model | 31/12/2019 | 23/11/2020 | 23/11/2020 | French | |
| Micro model | 31/12/2018 | 30/06/2019 | 17/09/2019 | French | |
| Micro model | 31/12/2017 | 18/05/2018 | 31/07/2018 | French |
Valuation
Estimate
Indicative valuation
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 · 2 active · 5 ended
Active mandates
MURAT SANLI
ActiveTUBA ARMAY
ActiveEnded mandates
Murat SANLI
EndedMurat SANLI
EndedTUBA ARMAY
EndedTUBA ARMAY
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates31/03/2026SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Mandates04/12/2024DEMISSIONS, NOMINATIONS
- Mandates27/09/2024CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Mandates28/02/2024SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates11/09/2023CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Other21/02/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET
- Mandates24/11/2022CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Registered office17/05/2018SIEGE SOCIAL
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 2025-12,9 k €↓
- 2024Annual accounts 2024-2,5 k €↓
- 2022Annual accounts 2022277,9 €↑
- 2021Annual accounts 2021-47,8 €↑
- 2020Annual accounts 2020-3,6 k €↑
- 2019Annual accounts 2019-21,2 k €↓
- 2018Annual accounts 20189,9 k €↑
- 2017Annual accounts 2017218,6 €
- 08/02/2017IncorporationPrivate limited company