GLOBAL STONE
ActiveSummary
The computed 12-month bankruptcy probability of GLOBAL STONE is 3.4% (moderate). The 2024 annual accounts show equity of €40k and a net result of €5k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 1330 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-7
Solvency40▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.01 in 2023; short-term debt: 60.4% and cash: 12.6% of total assets), and 84.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.4%
Return on assets
2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1330 sector peers (2024).
NBB · sector comparisonPosition among 1330 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
85 d late
2023
31 d late
2022
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€40k▲ 14.7%
2023 · €35k
Total assets
€260k▲ 26.0%
2023 · €206k
Net result
€5k▼ 67.7%
2023 · €16k
Working capital
€9k▲ 506%
2023 · €1k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€18k-€17k▼ 3.6%€12k▼ 30.8%
Net result€14k-€16k▲ 13.6%€5k▼ 67.7%
Equity€19k-€35k▲ 83.7%€40k▲ 14.7%
Total assets€114k-€206k▲ 81.4%€260k▲ 26.0%
Debt€95k-€171k▲ 81.0%€220k▲ 28.3%
Working capital€-30k-€1k€9k▲ 506%
Staff (FTE)0.5-3.2▲ 540%3.2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 31% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €260k
Fixed assets
€94k ▲ 182%
Current assets
€166k ▼ 4.1%
Equity and liabilities €260k
Equity
€40k ▲ 14.7%
Debt
€220k ▲ 28.3%
Debt's share of the balance-sheet total rises from 83.1% to 84.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2023 · €33k
Cash flow
€36k▲
2023 · €32k
Current ratio
1.06▲
2023 · 1.01
Debt to equity
5.50▲
2023 · 4.92
ROE
12.8%▼
2023 · 45.6%
ROA
2.0%▼
2023 · 7.7%
Interest coverage
17.58▼
2023 · 28.20
Debt ≤ 1 year
€157k▼
2023 · €171k
Debt > 1 year
€63k
Income taxes
€4k
Staff costs
€159k▲
2023 · €113k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €20k | €113k | €159k | ▲ 40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €16k | €31k | ▲ 91.5% |
| Other operating charges640/8 | €2k | €4k | €1k | ▼ 65.8% |
| Gross operating margin9900 | €56k | €151k | €203k | ▲ 34.8% |
| Operating profit (loss)9901 | €18k | €17k | €12k | ▼ 30.8% |
| Financial income75/76B | - | €0 | €1 | ▲ 1,100% |
| Recurring financial income75 | - | €0 | €1 | ▲ 1,100% |
| Financial charges65/66B | €230 | €1k | €2k | ▲ 107% |
| Recurring financial charges65 | €230 | €1k | €2k | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €17k | €16k | €9k | ▼ 41.1% |
| Income taxes67/77 | €3k | - | €4k | - |
| Profit (loss) for the period9904 | €14k | €16k | €5k | ▼ 67.7% |
| Profit (loss) for the period to be appropriated9905 | €14k | €16k | €5k | ▼ 67.7% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €114k | €206k | €260k | ▲ 26.0% |
| Fixed assets21/28 | €49k | €33k | €94k | ▲ 182% |
| Tangible fixed assets22/27 | €49k | €33k | €93k | ▲ 179% |
| Plant, machinery and equipment23 | €2k | €783 | - | - |
| Furniture and vehicles24 | €47k | €32k | €93k | ▲ 186% |
| Financial fixed assets28 | €98 | €98 | €1k | ▲ 1,219% |
| Current assets29/58 | €65k | €173k | €166k | ▼ 4.1% |
| Amounts receivable within one year40/41 | €45k | €110k | €119k | ▲ 7.9% |
| Trade receivables40 | €27k | €41k | €25k | ▼ 37.8% |
| Other amounts receivable41 | €18k | €70k | €94k | ▲ 34.4% |
| Current investments50/53 | - | €13k | €13k | = |
| Cash at bank and in hand54/58 | €19k | €50k | €33k | ▼ 34.2% |
| Deferred charges and accrued income490/1 | €210 | €210 | €1k | ▲ 553% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €114k | €206k | €260k | ▲ 26.0% |
| Equity10/15 | €19k | €35k | €40k | ▲ 14.7% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €14k | €30k | €35k | ▲ 17.2% |
| Amounts payable17/49 | €95k | €171k | €220k | ▲ 28.3% |
| Amounts payable after more than one year17 | - | - | €63k | - |
| Financial debts170/4 | - | - | €63k | - |
| Amounts payable within one year42/48 | €95k | €171k | €157k | ▼ 8.5% |
| Financial debts43 | - | - | €19k | - |
| Credit institutions430/8 | - | - | €19k | - |
| Trade debts44 | €72k | €133k | €36k | ▼ 72.8% |
| Suppliers440/4 | €72k | €133k | €36k | ▼ 72.8% |
| Advances received on contracts in progress46 | - | - | €54k | - |
| Taxes, remuneration and social security45 | €10k | €26k | €35k | ▲ 35.9% |
| Taxes450/3 | €3k | €7k | €2k | ▼ 70.7% |
| Remuneration and social security454/9 | €6k | €18k | €33k | ▲ 78.8% |
| Other amounts payable47/48 | €12k | €12k | €12k | = |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €16k | €5k | ▼ 67.7% |
| + Depreciation and write-downs630 | €16k | €16k | €31k | ▲ 91.5% |
| Operating cash flow (approximation) | €30k | €32k | €36k | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €-615 | €-92k | ▼ 14,857% |
| Change in cash | - | €30k | €-17k | ▼ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
31-12
Financial
Weakest financial yearnet €5k ▼67.7%
Net result drops to €5k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2022net €16k ▲13.6%
Net result €16k, the highest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Schaarbeek · 1 establishment unit since 2022
Ground area
302 m²
Building footprint
228 m²
Volume, LiDAR
5,180 m³
Parcel 21906D0004/00V008, Brussels · tallest building 25.8 m, ±8 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
GLOBAL STONE
since 20222.326.970.216
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0004/00V008 | Brussels | 302 m² | 1 · 228 m² | 25.8 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
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
ELAKON
BE 0686.614.696
Tienen · Eq €39,953
ERMAL
BE 0787.164.205
Oostende · Eq €39,786
Paralelo Nomada Belgica
BE 0675.505.624
Antwerpen · Eq €39,658
MIKOS CONSTRUCTION
BE 0760.768.030
Wezembeek-Oppem · Eq €39,566
Sneyders grond- en wegenwerken
BE 1016.035.408
Beerse · Eq €39,487
Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43240Other construction installation
43110Demolition
43120Site preparation
43212Electrical installation work in industrial facilities
43421Specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.