BLUESTONE SERVICE
ActiveBLUESTONE SERVICE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €341k and a net result of €122k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency74▲+30
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.24 in 2024; short-term debt: 50.7% and cash: 1.3% of total assets), but 50.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.3%
Return on assets
17.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
30 d late
2022
7 d late
2021
23 d late
2020
45 d early
2019
40 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€122k▼ 57.2%
2024 · €285k
2018: €21k
2019: €9k
2020: €372k
2021: €126k
2022: €87k
2023: €79k
2024: €285k
2018 → 2025
Working capital
€341k▲ 55.6%
2024 · €219k
2018: €820k
2019: €842k
2020: €173k
2021: €200k
2022: €191k
2023: €200k
2024: €219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€190k-€176k▼ 7.1%€184k▲ 4.5%€219k▲ 19.1%€341k▲ 55.6%
Operating result€170k-€118k▼ 30.8%€100k▼ 14.9%€256k▲ 155%€143k▼ 44.1%
Net result€126k-€87k▼ 31.6%€79k▼ 8.5%€285k▲ 260%€122k▼ 57.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €692k
Equity
€341k▲ 55.6%
Debt
€351k▼ 61.9%
The debt ratio falls from 80.8% to 50.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
49.3%▲
2024 · 19.2%
Current ratio
1.97▲
2024 · 1.24
Quick ratio
1.97▲
2024 · 1.24
Debt / equity
1.03▼
2024 · 4.21
ROE
35.7%▼
2024 · 130.1%
ROA
17.6%▼
2024 · 25.0%
Debt
€351k▼
2024 · €922k
Debt ≤ 1 year
€351k▼
2024 · €922k
Income taxes
€41k▲
2024 · €12k
Staff costs
€54k▼
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€692k▼
Current assets29/58€1.14M€692k▼
Amounts receivable within one year40/41€500k€203k▼
Trade receivables40€276k€186k▼
Other amounts receivable41€224k€17k▼
Current investments50/53€625k€480k▼
Cash at bank and in hand54/58€16k€9k▼
Deferred charges and accrued income490/1€87€54▼
Equity and liabilities
Total equity and liabilities10/49€1.14M€692k▼
Equity10/15€219k€341k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€197k€319k▲
Amounts payable17/49€922k€351k▼
Amounts payable within one year42/48€922k€351k▼
Trade debts44€175k€63k▼
Suppliers440/4€175k€63k▼
Taxes, remuneration and social security45€36k€21k▼
Taxes450/3€34k€20k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€711k€267k▼
Income statement
Code20242025
Remuneration, social security and pensions62€58k€54k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€317k€202k▼
Operating profit (loss)9901€256k€143k▼
Financial income75/76B€42k€21k▼
Recurring financial income75€42k€21k▼
Financial charges65/66B€925€993▲
Recurring financial charges65€925€993▲
Profit (loss) for the period before taxes9903€297k€163k▼
Income taxes67/77€12k€41k▲
Profit (loss) for the period9904€285k€122k▼
Profit (loss) for the period to be appropriated9905€285k€122k▼
Appropriation of the result
Profit (loss) to be appropriated9906€447k€319k▼
Profit (loss) brought forward from the previous period14P€162k€197k▲
Profit to be distributed694/7€250k-
Directors or managers695€250k-
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Equity above €200kEq €219k ▲19.1%
7 profitable years in a row build equity to €219k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €372k ▲4042%
Operating result €526k, net result €372k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲16%
3 profitable years in a row build equity to €163k.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 40 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼56.6%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 49 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2012
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.
Gespstraat 681070 AnderlechtGround area
5,035 m²
Building footprint
1,590 m²
Volume, LiDAR
39,311 m³
Parcel 21302A0518/00M013, Brussels · tallest building 35.3 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
BLUESTONE SERVICE
since 20122.207.069.110
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0518/00M013 | Brussels | 5,035 m² | 1 · 1,590 m² | 35.3 m · 10 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.
Similar companies · same sector, comparable size
LOZIE GEBROEDERS
BE 0457.532.073
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Consult 2 Build
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BOUWONDERNEMING DOSSCHE - VAN DEN BOSSCHE
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NV Woningbouw
BE 0722.796.092
Balen · Eq €341k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 10,582 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2012
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68321Property management for co-owned buildings (syndics)
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.