Equity
-€901,780
Debts exceed assets in financial year 2025.
ANTWERP STONE TERMINAL
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2004peak €16.5m (2024)
€16.1m▼ 2.3%
lowest -€1.7m (2008)
€136,156▲ €321,222
peak -€852,870 (2023)
-€901,780▲ €136,156
€11.0m▼ 22.9%
peak 10.5 FTE (2023)
6.6 FTE▼ 19.5%
Board6 names since 2013
2 directorsAbraham W. Bontrup and 1 other
Owners7 names in the annual accountsall names
85%Bremanger Quarry AS and 2 others
Documentsfilings and deeds
21-05-202671 days before the deadline
2025financial year
Back to profit: €136,156Staff from 8.2 FTE to 6.6 FTEEquity from -€1.0m to -€901,780Debts from €14.3m to €11.0mCash from €81,905 to €789,114
Key points
from the 2025 annual accountsResult
€136,156 €136,156
Back in profit in 2025, after a loss of €185,066 in 2024.
Debts
€11.0m 109% of the balance sheet
Financial debts 94%Suppliers 2%Taxes and wages 1%Other 4%
Of this, €286,220 falls due within a year.
Staff
6.6 FTE from 10.5 in 2023
Between 2023 and 2025, 37% of the full-time equivalents disappeared.
Payment terms
6 days to suppliers
ANTWERP STONE TERMINAL pays its suppliers 1 day later than in 2024. Customers pay 33 days earlier.
Liquidity
22.41 was 3.89 in 2024
Short-term debts fell from €2.4m to €286,220.
Checked score
55
Fair
Financially stronger than 46% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.6 percentage points vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026highest value
06-2026: 0.6%▼ -0.6 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€901,780
lowers risk
Size: turnover €16.1m, 6.6 FTE, total assets €10.1m
Liquidity: current ratio 22.41, cash €789,114
Founded in 2003
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 14% of them on solvency, 66% on liquidity, 46% on profitability and 58% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,449 companies had the same profile as ANTWERP STONE TERMINAL has now. Each dot stands for 4 companies, two years later.
92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ANTWERP STONE TERMINAL itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,449 companies, not a prediction for ANTWERP STONE TERMINAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 22.41 (3.89 in 2024), above the usual 1.5. Short-term debt is 2.8% and cash 7.8% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 6192 sector peers (2025).
NBB · sector comparisonPosition among 6192 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 days early
2024
51 days early
2023
16 days early
2022
66 days early
2021
25 days late
2020
19 days early
2019
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 June (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Bremanger Quarry AS 85%annual accounts 2025
- Vinci SA consolidatesannual accounts 2025
- Eurovia Stone SAS 15%annual accounts 2025
Recent changes
Capital increase
Capital from €1,062,500 to €6,122,803, 8,096 new shares · Capital from €6,122,803 to €4,022,367.22 · General meeting of 11-02-2026 · Gazette deed
Resignation: WILLEMEN INFRA NV (director)
Permanent representative: Django Lienart · General meeting of 22-01-2026 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies · Provincie Oost-Vlaanderen
Amendment of the articles
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ANTWERP STONE TERMINAL Beveren | €16.1m | 1.0% | -8.9% | 6.6 |
| INTERNATIONAL BUSINESS OFFICE Tournai | €13.9m | 1.6% | 45.0% | 12.2 |
| ORBIS Ypres | €22.5m | 4.9% | 86.0% | 6 |
| CRANE PROCESS FLOW TECHNOLOGIES Wavre | €12.9m | 28.7% | 15.6% | 14.1 |
| ASIA EUROPE TRADE CO SA Liège | €17.7m | 4.5% | 37.3% | 11.2 |
| Silgan White Cap Belgium Lint | €15.3m | 4.0% | 60.0% | 4.6 |
| INTERNATIONAL FOOD SERVICES Antwerp | €50.7m | 1.4% | 35.4% | 9.6 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ANTWERP STONE TERMINAL: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €4.4m and €18m, founded between 1996 and 2007.
Official details
Source: KBO- Status
- Active since 26-05-2003Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900and 1 other
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.132.341.0039130 Beveren, since 07-08-2003
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €10.1m▼ 23.7%
- Employeeson 31-12-2025
- 7=
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on ANTWERP STONE TERMINAL
ANTWERP STONE TERMINAL has existed since 2003. Turnover grew from €5.2m in 2007 to €16.1m in 2025 and staff from 0.9 to 6.6 full-time equivalents.
Bremanger Quarry AS holds 85% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ANTWERP STONE TERMINAL
- What is the company number of ANTWERP STONE TERMINAL?
- The company number of ANTWERP STONE TERMINAL is 0480.299.062. The VAT number is the same number with BE in front: BE 0480.299.062.
- Where is ANTWERP STONE TERMINAL based?
- The registered office is at Blikken ZN, 9130 Beveren.Company details
- What does ANTWERP STONE TERMINAL do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of ANTWERP STONE TERMINAL?
- ANTWERP STONE TERMINAL is a public limited company (NV).
- When was ANTWERP STONE TERMINAL founded?
- ANTWERP STONE TERMINAL was founded on 26-05-2003.
- Is ANTWERP STONE TERMINAL still active?
- Yes, ANTWERP STONE TERMINAL is an active enterprise in the KBO register.
- How many employees does ANTWERP STONE TERMINAL have?
- ANTWERP STONE TERMINAL had an average of 6.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ANTWERP STONE TERMINAL fall under?
- In its 2025 annual accounts, ANTWERP STONE TERMINAL states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ANTWERP STONE TERMINAL?
- The turnover of ANTWERP STONE TERMINAL was €16.1m in financial year 2025, according to the filed annual accounts.
- Is ANTWERP STONE TERMINAL profitable?
- In financial year 2025, ANTWERP STONE TERMINAL made a profit of €136,156.
- Where can I find the annual accounts of ANTWERP STONE TERMINAL?
- ANTWERP STONE TERMINAL filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ANTWERP STONE TERMINAL due?
- ANTWERP STONE TERMINAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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