ACTIVE

Armacon

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Financial year 2025 · closed on 31/12/2025
Net result
131,4 k €
+39.3% YoY
Gross margin
133 k €
+33.6% YoY
Equity
34,6 k €
-9.3% YoY

What does Armacon do?

Armacon is a Private company with limited liability incorporated in 2018. Its main activity is: Roofing activities. Its registered office is in Maldegem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0714.981.159
Incorporation
30/11/2018
Legal form
Private company with limited liability
Registered office
Krommewege 24B box 2.1
9990 Maldegem · FlandreSee on map
Contributed capital
1 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
43910Roofing activities· main43994Other specialised construction activities n.e.c.43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.+2
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin133 k €99,5 k €84,2 k €69,5 k €17,9 k €32,6 k €
EBITDA132,6 k €96,6 k €82,8 k €68,4 k €16,6 k €29,9 k €
Operating result127,5 k €94,5 k €81,4 k €66,9 k €15,5 k €29,6 k €
Net result131,4 k €94,4 k €83,4 k €70,3 k €11,2 k €22,1 k €
Balance sheet
Equity34,6 k €38,1 k €38,8 k €38,4 k €38,1 k €26,9 k €
Total assets252,7 k €188,4 k €61,4 k €120,4 k €65,7 k €65,1 k €
Cash9,2 k €17,6 k €13,5 k €3,4 k €5 k €968,9 €
Debts218,2 k €150,3 k €22,6 k €82,1 k €27,3 k €37,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Lindsey Ardeel

Director · since 01 décembre 2025

Active
LINSCO

Director · 0795.392.971

Represented by Mario Ardeel

Active

Ended mandates

Mario Ardeel

Director · since 29 novembre 2018

Ended
Mario Ardeel

Manager · since 29 novembre 2018

Ended
Mario Adeel

Vast vertegenwoordiger rechtspersoon

Ended
Mario Ardeel

Vast vertegenwoordiger rechtspersoon

Ended
At this address

Other companies at this address

CompanyCBE no.
BELIFLOWERS● Bankrupt
0629.915.624
LINSCO● Active
0795.392.971
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 date28/08/202616/06/202529/08/202430/08/202328/10/202216/12/2021
General meeting27/08/202604/06/202502/08/202408/08/202315/10/202205/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/08/202628/08/2026DutchPDF
Abridged model31/12/202404/06/202516/06/2025DutchPDF
Micro model31/12/202302/08/202429/08/2024DutchPDF
Micro model31/12/202208/08/202330/08/2023DutchPDF
Micro model31/12/202115/10/202228/10/2022DutchPDF
Micro model31/12/202005/06/202116/12/2021DutchPDF
Micro model31/12/201931/10/202030/11/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 ended

Active mandates

Lindsey Ardeel

Director · since 01 décembre 2025

Active
LINSCO

Director · 0795.392.971

Represented by Mario Ardeel

Active

Ended mandates

Mario Ardeel

Director · since 29 novembre 2018

Ended
Mario Ardeel

Manager · since 29 novembre 2018

Ended
Mario Adeel

Vast vertegenwoordiger rechtspersoon

Ended
Mario Ardeel

Vast vertegenwoordiger rechtspersoon

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/01/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office07/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/02/2023
    ONTSLAGEN - BENOEMINGEN
    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 2025131,4 k €↑
  2. 2024
    Annual accounts 202494,4 k €↑
  3. 2023
    Annual accounts 202383,4 k €↑
  4. 2022
    Annual accounts 202270,3 k €↑
  5. 2021
    Annual accounts 202111,2 k €↓
  6. 2020
    Annual accounts 202022,1 k €
  7. 30/11/2018
    IncorporationPrivate company with limited liability