ARMEMENT MARTINIQUE
ActiveSummary
ARMEMENT MARTINIQUE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €713k and a net result of €85k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 172 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+4
Solvency97▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity ample (current ratio 3.76 against 2.94 in 2023; short-term debt: 15.7% and cash: 40.8% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Sector 50
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.4%
Return on assets
8.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
162 d late
2022
528 d late
2021
30 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€713k▲ 10.7%
2023 · €644k
2018: €155k
2019: €447k
2020: €472k
2021: €475k
2022: €566k
2023: €644k
2018 → 2024
Total assets
€984k▼ 5.4%
2023 · €1.04M
2018: €902k
2019: €1.10M
2020: €1.07M
2021: €1.03M
2022: €1.14M
2023: €1.04M
2018 → 2024
Net result
€85k▲ 71.9%
2023 · €49k
2018: €21k
2019: €292k
2020: €6k
2021: €3k
2022: €129k
2023: €49k
2018 → 2024
Working capital
€425k▲ 24.9%
2023 · €341k
2018: €-54k
2019: €273k
2020: €279k
2021: €155k
2022: €227k
2023: €341k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€472k-€475k▲ 0.6%€566k▲ 19.2%€644k▲ 13.7%€713k▲ 10.7%
Operating result€13k-€-3k€153k€74k▼ 51.9%€112k▲ 52.1%
Net result€6k-€3k▼ 47.9%€129k▲ 4,371%€49k▼ 61.7%€85k▲ 71.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 52% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €984k
Fixed assets
€404k ▼ 22.9%
Current assets
€579k ▲ 12.3%
Equity and liabilities €984k
Equity
€713k ▲ 10.7%
Debt
€271k ▼ 31.6%
Debt's share of the balance-sheet total falls from 38.1% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€232k▲
2023 · €206k
Cash flow
€205k▲
2023 · €182k
Current ratio
3.76▲
2023 · 2.94
Debt to equity
0.38▼
2023 · 0.62
ROE
11.9%▲
2023 · 7.6%
ROA
8.6%▲
2023 · 4.7%
Interest coverage
37.99▲
2023 · 27.39
Debt ≤ 1 year
€154k▼
2023 · €175k
Debt > 1 year
€117k▼
2023 · €207k
Income taxes
€25k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.04M€984k▼
Fixed assets21/28€524k€404k▼
Intangible fixed assets21€19k€13k▼
Tangible fixed assets22/27€455k€342k▼
Land and buildings22€158k€147k▼
Plant, machinery and equipment23€87k€53k▼
Furniture and vehicles24€210k€142k▼
Financial fixed assets28€50k€50k=
Current assets29/58€516k€579k▲
Amounts receivable within one year40/41€22k€6k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€18k€3k▼
Current investments50/53€200k€150k▼
Cash at bank and in hand54/58€283k€401k▲
Deferred charges and accrued income490/1€11k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€984k▼
Equity10/15€644k€713k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€362k€347k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Tax-exempt reserves132€361k€345k▼
Profit (loss) carried forward14€263k€347k▲
Amounts payable17/49€397k€271k▼
Amounts payable after more than one year17€207k€117k▼
Financial debts170/4€207k€117k▼
Amounts payable within one year42/48€175k€154k▼
Current portion of amounts payable after more than one year42€98k€97k▼
Trade debts44€12k€12k▼
Suppliers440/4€12k€12k▼
Taxes, remuneration and social security45€20k€12k▼
Taxes450/3€11k€12k▲
Remuneration and social security454/9€10k€0▼
Other amounts payable47/48€45k€33k▼
Accrued charges and deferred income492/3€14k-
Income statement
Code20232024
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€120k▼
Other operating charges640/8€15k€24k▲
Non-recurring operating charges66A-€0
Gross operating margin9900€221k€256k▲
Operating profit (loss)9901€74k€112k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Non-recurring financial income76B€82-
Financial charges65/66B€17k€6k▼
Recurring financial charges65€8k€6k▼
Non-recurring financial charges66B€10k-
Profit (loss) for the period before taxes9903€58k€110k▲
Income taxes67/77€9k€25k▲
Profit (loss) for the period9904€49k€85k▲
Profit (loss) for the period to be appropriated9905€49k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€263k€347k▲
Profit (loss) brought forward from the previous period14P€213k€263k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 162 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 528 days late
2022
31-12
Financial
Equity above €500kEq €566k ▲19.2%
5 profitable years in a row build equity to €566k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €3k ▼47.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €292k ▲1264%
Operating result €300k, net result €292k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 2.62
Current ratio from 0.70 to 2.62; short-term debt falls from €180k to €168k.
31-12
Financial
Equity above €200kEq €447k ▲189%
2 profitable years in a row build equity to €447k.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
21-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brunehaut · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Combattants(W-V) 77620 BrunehautGround area
187 m²
Building footprint
79 m²
Volume, LiDAR
516 m³
Parcel 57010A0401/00L000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARTINIQUE / CARAIBES
since 20032.126.919.988
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57010A0401/00L000 | Wallonia | 187 m² | 1 · 79 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrunehaut2.126.919.988
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Of 1,342 companies in sector 50400 we hold annual accounts for 394. 317 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
50400Inland freight water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.