Equity
€33,191 from €139,561 in 2021
Equity fell by 76% in 4 years.
Belstone
Part of the group
9 companies in 2 countries
Lifetime
17 annual accounts with figures on one time axispeak €103,030 (2013)
€4,474▲ 85.1%
lowest -€92,354 (2011)
€4,636▲ 88.9%
peak €139,561 (2021)
€33,191▲ 16.2%
€845▲ 5.7%
peak 1.6 FTE (2019)
-not published
Board2 names since 2020
-
Owners
Documentsfilings and deeds
18-07-202613 days before the deadline
2025micro format
Gross margin from €2,417 to €4,474Result from €2,454 to €4,636Equity from €28,556 to €33,191Cash from €26,714 to €6,082
Key points
from the 2025 annual accountsTurnover
≈ €53,000 estimated
The accounts state no turnover.
Position in the sector
97.5%
Higher solvency than 95% of companies in wholesale trade. Sector median 40.5% · 15,454 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as Belstone has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,721 companies, not a prediction for Belstone. 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
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Signals
Board and ownership
last known boardDirector, until 2020
Director, last mentioned in 2020
- 100%score equity €12.6m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0897608306
Company renamed from M.P.S. to Belstone
Registered office moved from Amblève to Oupeye · New registered office: Rue Voie de Liège 20, 4681 Oupeye · Previous registered office: Am Adesberg 47, 4770 Amel · General meeting of 10-09-2020 · Gazette deed
First establishment
At the time the registered office was still in Amel.
Registered office moved from Malmedy to Amblève
New registered office: Am Adesberg 47, 4770 AMBLEVE · Previous registered office: OI'Z-Eyôse n°4, 4960 MALMEDY · General meeting of 21-11-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Belstone Oupeye | €34,036 | €4,474 | 97.5% | - |
| EDMO Kortenberg | €45,891 | €7,437 | -6.7% | - |
| FINITIONS DE STYLE Bassenge | €47,211 | €8,679 | 33.1% | - |
| KREA Mechelen | €91,964 | €10,540 | 43.8% | - |
| EGYBEL BELGIUM Bruges | €130,061 | €9,106 | 28.5% | - |
| GERALEX MAHAUX CONSTRUCT Floreffe | €17,671 | -€9,793 | -257.1% | - |
| CARRELAGES-IMPORT Amay | €118,484 | €18,929 | 72.2% | - |
These companies have the same main activity as Belstone: wholesale trade (NACE 46835). They are comparable in size and age: total assets between €17,700 and €130,000, founded between 2003 and 2011.
Official details
Source: KBO- Status
- Active since 22-04-2008Normal situation
- Activity
- Wholesale tradeNACE 46835and 4 others
- Establishment unit
- 2.310.364.2124681 Oupeye, registered on 10-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 11-09-2025
Annual accounts 2025
- €34,036▲ 15.9%
- Filing
- Filed on 18-07-2026, 13 days before the end of the filing period
Insights on Belstone
Belstone files the micro format. That format states no turnover. The gross margin fell from €40,514 in 2009 to €4,474 in 2025.
holds all 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 Belstone
- What is the company number of Belstone?
- The company number of Belstone is 0897.608.306. The VAT number is the same number with BE in front: BE 0897.608.306.
- Where is Belstone based?
- The registered office is at Rue Voie de Liège 20, 4681 Oupeye.Company details
- What does Belstone do?
- According to the KBO register, the main activity is wholesale trade (NACE 46835).
- What is the legal form of Belstone?
- Belstone is a private limited company (BV).
- When was Belstone founded?
- Belstone was founded on 22-04-2008.
- Is Belstone still active?
- Yes, Belstone is an active enterprise in the KBO register.
- How many employees does Belstone have?
- Belstone had an average of 1.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of Belstone?
- The turnover in financial year 2025 is ≈ €53,000. This figure is estimated from the gross margin of €4,474 and 258 comparable companies (NACE 46). It probably lies between €27,000 and €130,000. It is a rough estimate.
- Is Belstone profitable?
- In financial year 2025, Belstone made a profit of €4,636.
- Where can I find the annual accounts of Belstone?
- Belstone filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Belstone due?
- Belstone must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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