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Granit Stone Art

Active
Private limited companyfounded 1992active for 34 yearsHagelandstraat 49, 3545 Halen, BelgiumKBO/BCE: BE 0447.302.731

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Granit Stone Art is 1.7% (moderate). The 2025 annual accounts show equity of €9,814 and a net result of €3,386. Equity is shrinking by about 23% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 15% of 428 sector peers (NACE 23, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.

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Granit Stone ArtActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 04-05-1992 Normal situation
Legal form
Private limited company
Registered office
Hagelandstraat 49, 3545 Halen
Activity
Cutting, shaping and finishing of stone NACE 23700and 1 other
Establishment unit
2.057.764.235 3545 Halen, since 12-08-1992
Financial year end
31 December
Peppol
Reachable since 12-02-2025
Company details

Who decides

Board
Board & ownership

How it is doing

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€34,257
▲ 56.5%
Turnover
≈ €140,000
estimated
Profit
€3,386
Equity
€9,814
▲ 52.7%
Total assets
€170,293
▼ 8.6%
Staff
≈ 0 FTE
estimated
2025 accounts 71 days early
Filed on 21-05-2026PDF
Financials
Why 55raises risk2 changes of registered office in 24 monthslowers riskSize: total assets €170,293Sector: Manufacture of other non-metallic mineral products (NACE 23)Founded in 1992Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 23, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 31+3
equity 5.8% of total assets
Liquidity 44+6
short-term debt 40.0% · cash 10.5%
Profitability 71+39
return on assets 2.0%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.9%▲ +0.6 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.4%▼ -0.4 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 1.7%▲ +1.3 percentage points vs 07-2026highest value 09-2026: 1.7%● unchanged vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.68, compared with 0.49 in 2024, below 1; short-term debt: 40% and cash: 10.5% of total assets), and 94.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 23, micro): better than 12% on solvency, 37% on liquidity, 50% on profitability and 90% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €170,293
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 428 sector peers (2025).
NBB · sector comparison
Position among 428 sector peers
Solvency
better than 15%
← 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 filings
Deviation from the deadline
2025
71 days early
2024
70 days early
2023
23 days early
2022
17 days early
2021
32 days early
2020
54 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% 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 29 June (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: Among the weakest 15% on solvencysector median 48.8% · 428 companies 5.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Annual accounts at the NBB

All 33 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Granit Stone Art

What is the company number of Granit Stone Art?
0447.302.731. In Belgium the VAT number is the company number with BE in front: BE 0447.302.731.
Where is Granit Stone Art based?
The registered office is at Hagelandstraat 49, 3545 Halen.Company details
What does Granit Stone Art do?
According to the KBO register, the main activity is cutting, shaping and finishing of stone (NACE 23700).
What is the legal form of Granit Stone Art?
Private limited company (BV).
When was Granit Stone Art founded?
On 04-05-1992.
Is Granit Stone Art still active?
Yes, Granit Stone Art is an active enterprise in the KBO register.
What is the turnover of Granit Stone Art?
≈ €140,000 in financial year 2025. Estimated from the gross margin of €34,257: probably between €83,000 and €250,000, based on 2,949 comparable companies of the same size. A rough estimate.Financials
Is Granit Stone Art profitable?
In financial year 2025, Granit Stone Art made a profit of €3,386.
Where can I find the annual accounts of Granit Stone Art?
Granit Stone Art filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Granit Stone Art due?
By 31-07-2027, for financial year 2026.Timeline

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