ARMIN W
The computed 12-month bankruptcy probability of ARMIN W is 1.5% (moderate). The 2025 annual accounts show equity of €10k and a net result of €4k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 48% of 17366 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €4k |
| Better than sector | 48% |
| Active | 9 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.0% | 34.6% | |
| Net result | €4k | €5k | |
| Equity | €10k | €44k | |
| Gross operating margin | €36k | €34k | |
| Staff costs | €30k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €369k | €411k | €415k | €412k | €355k |
| EBITDA | €5k | €3k | €-2k | €-6k | €8k |
| Net profit | €4k | €366 | €-4k | €-9k | €6k |
| Cash flow | €5k | €1k | €-4k | €-8k | €7k |
| Staff costs | €30k | €42k | €52k | €54k | €30k |
| Income taxes | - | - | €266 | €532 | - |
| Dividends | - | - | - | - | - |
| Total assets | €30k | €23k | €19k | €26k | €31k |
| Equity | €10k | €6k | €5k | €9k | €18k |
| Debt | €21k | €17k | €13k | €16k | €13k |
| of which ≤ 1y | €21k | €17k | €13k | €16k | €13k |
| of which > 1y | - | - | - | - | - |
| Working capital | €8k | €3k | €5k | €8k | €16k |
| Employees (FTE) | - | - | 2.0 | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.39 | 1.18 | 1.35 | 1.51 | 2.25 |
| Quick ratio | 0.52 | 0.16 | 0.09 | 0.05 | 0.33 |
| Working capital ratio | 26.8% | 13.2% | 25.1% | 32.5% | 51.7% |
| Solvency | 32.0% | 24.9% | 28.2% | 35.8% | 58.6% |
| Debt / equity | 2.13 | 3.01 | 2.54 | 1.79 | 0.71 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 49.98 | 2.13 | -1.82 | -5.65 | 8.80 |
| Gross margin | 8.8% | 9.8% | 11.5% | 10.9% | 9.0% |
| Net margin | 1.1% | 0.1% | -0.9% | -2.2% | 1.6% |
| ROA | 13.3% | 1.6% | -20.6% | -34.7% | 18.4% |
| ROE | 41.6% | 6.5% | -73.1% | -96.8% | 31.4% |
| EBITDA margin | 1.4% | 0.6% | -0.5% | -1.5% | 2.2% |
| Days sales outstanding | - | 0d | - | - | - |
| Days payable outstanding | 2d | 1d | 2d | 2d | 1d |
| Inventory turnover | 18.62 | 21.38 | 21.58 | 15.39 | 13.21 |
| Days inventory (DSI) | 20d | 17d | 17d | 24d | 28d |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €30k | €23k | €19k | €26k | €31k |
| Fixed assets | 21/28 | €2k | €3k | €590 | €866 | €2k |
| Intangible fixed assets | 21 | - | - | - | - | €1k |
| Tangible fixed assets | 22/27 | €2k | €3k | €590 | €866 | €1k |
| Current assets | 29/58 | €29k | €20k | €18k | €25k | €29k |
| Stocks & contracts in progress | 3 | €18k | €17k | €17k | €24k | €24k |
| Amounts receivable within one year | 40/41 | - | €47 | - | - | - |
| Cash & bank | 54/58 | €10k | €2k | €891 | €628 | €3k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €30k | €23k | €19k | €26k | €31k |
| Equity | 10/15 | €10k | €6k | €5k | €9k | €18k |
| Contributions / capital | 10/11 | €18k | €18k | €18k | €18k | €18k |
| Reserves | 13 | €269 | €269 | €269 | €269 | €269 |
| Accumulated profits (losses) | 14 | €-8k | €-12k | €-13k | €-9k | €47 |
| Amounts payable | 17/49 | €21k | €17k | €13k | €16k | €13k |
| Amounts payable within one year | 42/48 | €21k | €17k | €13k | €16k | €13k |
| Trade debts payable within one year | 44 | €1k | €1k | €2k | €2k | €648 |
| Income statement | ||||||
| Turnover | 70 | €369k | €411k | €415k | €412k | €355k |
| Gross operating margin | 9900 | €36k | €46k | €51k | €49k | €39k |
| Operating result | 9901 | €4k | €2k | €-2k | €-7k | €7k |
| Financial charges | 65 | €105 | €1k | €1k | €1k | €880 |
| Result before taxes | 9903 | €4k | €366 | €-4k | €-8k | €6k |
| Income taxes | 67/77 | - | - | €266 | €532 | - |
| Net result for the period | 9904 | €4k | €366 | €-4k | €-9k | €6k |
| Result to be appropriated | 9905 | €4k | €366 | €-4k | €-9k | €6k |
-
WakiliDirectorState Gazette act 25313804 (24-02-2025)Current24-02-2025 → present
Former directors (2)
-
AMINI, HosseinDirector (executive)State Gazette act 25313804 (24-02-2025)Former- → 24-02-2025
-
WAKILI SharifDirector (executive)State Gazette act 25313804 (24-02-2025)Former- → 24-02-2025
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 20-06-2017 |
| Status | Active |
| Postal code | 1070 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0056/00C008 | Brussels | 98 m² | 1 · 88 m² | 17.5 m · 5 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-02-2025 1 director appointed, 2 resigning
- Wakili, Bestuurder
- WAKILI Sharif, Directeur
- AMINI, Hossein, Directeur
Technical details
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"notary": {
"name": "Jean VAN den WOUWER",
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"act_meta": {
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"subject_company": {
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}| Legal nameFR | ARMIN W |