Memorial Stone
ActiveSummary
Memorial Stone has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €70,892. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €15,702 | €14,000 | ▼ 10.8% |
| Remuneration, social security and pensions62 | €131,690 | €139,952 | €154,646 | €689,991 | €694,908 | ▲ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,485 | €68,750 | €52,943 | €54,987 | €48,074 | ▼ 12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€11,276 | -€278 | €4,310 | -€383 | €403 | ▲ 205% |
| Other operating charges640/8 | €23,589 | €12,886 | €14,005 | €97,586 | €30,123 | ▼ 69.1% |
| Non-recurring operating charges66A | - | - | - | €1,857 | €0 | ▼ 100% |
| Gross operating margin9900 | €554,119 | €543,438 | €649,983 | €967,617 | €895,799 | ▼ 7.4% |
| Operating profit (loss)9901 | €328,632 | €322,128 | €424,080 | €123,579 | €122,291 | ▼ 1.0% |
| Financial income75/76B | €1,165 | €4,623 | €6,671 | €7,082 | €19,216 | ▲ 171% |
| Recurring financial income75 | €1,165 | €4,623 | €6,671 | €7,082 | €19,216 | ▲ 171% |
| Financial charges65/66B | €85,254 | €79,702 | €79,235 | €75,481 | €17,754 | ▼ 76.5% |
| Recurring financial charges65 | €85,254 | €79,702 | €79,235 | €75,481 | €17,754 | ▼ 76.5% |
| Profit (loss) for the period before taxes9903 | €244,543 | €247,049 | €351,516 | €55,181 | €123,753 | ▲ 124% |
| Income taxes67/77 | €62,572 | €57,391 | €86,190 | €34,504 | €52,861 | ▲ 53.2% |
| Profit (loss) for the period9904 | €181,971 | €189,658 | €265,326 | €20,677 | €70,892 | ▲ 243% |
| Profit (loss) for the period to be appropriated9905 | €181,971 | €189,658 | €265,326 | €20,677 | €70,892 | ▲ 243% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.7m | €2.0m | €2.0m | €2.7m | ▲ 37.6% |
| Fixed assets21/28 | €646,771 | €682,123 | €741,671 | €157,649 | €366,819 | ▲ 133% |
| Tangible fixed assets22/27 | €646,771 | €682,123 | €741,671 | €157,244 | €366,684 | ▲ 133% |
| Land and buildings22 | €576,070 | €575,257 | €560,605 | - | - | - |
| Plant, machinery and equipment23 | €62,563 | €102,625 | €179,736 | €153,662 | €132,452 | ▼ 13.8% |
| Furniture and vehicles24 | €8,139 | €4,242 | €1,331 | €2,737 | €4,185 | ▲ 52.9% |
| Leasing and similar rights25 | - | - | - | - | €227,424 | - |
| Other tangible fixed assets26 | - | - | - | €846 | €2,624 | ▲ 210% |
| Financial fixed assets28 | - | - | - | €405 | €135 | ▼ 66.7% |
| Current assets29/58 | €1.1m | €978,843 | €1.3m | €1.8m | €2.4m | ▲ 29.4% |
| Stocks and contracts in progress3 | €351,177 | €83,212 | €168,114 | €690,628 | €662,975 | ▼ 4.0% |
| Stocks30/36 | €351,177 | €83,212 | €168,114 | €690,628 | €662,975 | ▼ 4.0% |
| Amounts receivable within one year40/41 | €587,360 | €765,128 | €572,540 | €545,541 | €1.2m | ▲ 126% |
| Trade receivables40 | €291,887 | €399,949 | €299,943 | €446,188 | €716,564 | ▲ 60.6% |
| Other amounts receivable41 | €295,473 | €365,180 | €272,597 | €99,353 | €517,099 | ▲ 420% |
| Cash at bank and in hand54/58 | €95,310 | €93,395 | €537,702 | €556,513 | €434,952 | ▼ 21.8% |
| Deferred charges and accrued income490/1 | €35,137 | €37,107 | €29,966 | €38,718 | €38,214 | ▼ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €2.0m | €2.0m | €2.7m | ▲ 37.6% |
| Equity10/15 | €971,158 | €1.2m | €1.4m | €1.4m | €1.5m | ▲ 4.9% |
| Contributions10/11 | €273,600 | €273,600 | €273,600 | €229,102 | €229,102 | = |
| Reserves13 | €697,558 | €887,217 | €1.2m | €1.2m | €1.3m | ▲ 5.8% |
| Distributable reserves133 | €697,558 | €887,217 | €1.2m | €1.2m | €1.3m | ▲ 5.8% |
| Amounts payable17/49 | €744,597 | €500,150 | €623,851 | €546,969 | €1.2m | ▲ 124% |
| Amounts payable after more than one year17 | €317,512 | €293,082 | €284,415 | - | €185,061 | - |
| Financial debts170/4 | €317,512 | €293,082 | €284,415 | - | €185,061 | - |
| Amounts payable within one year42/48 | €427,085 | €207,068 | €339,435 | €537,010 | €993,245 | ▲ 85.0% |
| Current portion of amounts payable after more than one year42 | €68,517 | €83,890 | €99,418 | - | €43,245 | - |
| Trade debts44 | €177,085 | €63,598 | €153,358 | €325,201 | €767,126 | ▲ 136% |
| Suppliers440/4 | €177,085 | €63,598 | €153,358 | €325,201 | €767,126 | ▲ 136% |
| Advances received on contracts in progress46 | - | - | - | - | €540 | - |
| Taxes, remuneration and social security45 | €181,483 | €59,579 | €86,659 | €211,809 | €182,334 | ▼ 13.9% |
| Taxes450/3 | €166,763 | €43,474 | €63,963 | €186,581 | €140,939 | ▼ 24.5% |
| Remuneration and social security454/9 | €14,721 | €16,105 | €22,696 | €25,228 | €41,396 | ▲ 64.1% |
| Accrued charges and deferred income492/3 | - | - | - | €9,959 | €45,346 | ▲ 355% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €181,971 | €189,658 | €265,326 | €20,677 | €70,892 | ▲ 243% |
| + Depreciation and write-downs630 | €81,485 | €68,750 | €52,943 | €54,987 | €48,074 | ▼ 12.6% |
| Operating cash flow (approximation) | €263,456 | €258,408 | €318,269 | €75,664 | €118,966 | ▲ 57.2% |
| Investment in fixed assets (approximation) | - | -€104,102 | -€112,490 | €529,035 | -€257,244 | ▼ 149% |
| Change in cash | - | -€1,915 | €444,307 | €18,811 | -€121,560 | ▼ 746% |
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
04-09
State Gazette act
RestructuringMerger · Accounting effect · Declaration15 facts ▸
- General meeting, buitengewone algemene vergadering
- Merger, fusie door overneming gelijkgestelde verrichting, artikel 12:7, 2° WVV
- Merger, fusie door overneming gelijkgestelde verrichting, artikel 12:7, 2° WVV
- Accounting effect, 01-01-2026
- Declaration, geen niet-stemgerechtigde effecten met bijzondere rechten
- Declaration, geen niet-stemgerechtigde effecten met bijzondere rechten
- Declaration, geen bijzonder voordeel aan bestuursorganen van Overnemende en Overgenomen vennootschappen
- Statutes amendment
- Dissolution, 31-07-2026
- Dissolution, 31-07-2026
- Capital increase
- Name change, Memorial Stone
- +3 further facts in this act
12-06
State Gazette act
RestructuringMerger · Shareholding · Capital35 facts ▸
- Board meeting, 02-06-2026
- Merger, met fusie door overneming gelijkgestelde verrichting, gehele vermogen onder algemene titel op Overnemende vennootschap
- Merger, met fusie door overneming gelijkgestelde verrichting, gehele vermogen onder algemene titel op Overnemende vennootschap
- Shareholding, Granit Lust-Vuerings BV
- Shareholding, Granit Lust-Vuerings BV
- Shareholding, Granit Lust-Vuerings BV
- Other statement, vereenvoudiging structuur en centralisatie activiteiten en activa binnen één vennootschap, motivering voorgenomen fusie
- Other statement, aard wijziging, Niet-statutaire wijzigingen
- Capital, €15.000
- Other statement, registerinschrijving, rechtspersonenregister te Gent,afdeling Oostende
- Board composition, Ingelbrecht Pieter (lid bestuursorgaan)
- Statutes amendment
- +23 further facts in this act
Show earlier events
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
6 establishment units
6 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382G0267/00T000 | Flanders | 4.9 ha | 1 · 1.2 ha | 11.3 m · 3 fl. |
| 12392A0295/00B000 | Flanders | 5,623 m² | 1 · 1,677 m² | 8.9 m · 3 fl. |
| 55004A0329/00S002 | Wallonia | 3,794 m² | 1 · 805 m² | - |
| 34007A0165/02B000 | Flanders | 1,990 m² | 1 · 698 m² | 7.3 m · 2 fl. |
| 35005A0877/00F000 | Flanders | 377 m² | 1 · 111 m² | 12.4 m · 3 fl. |
| 25105C0304/00V002 | Wallonia | 307 m² | 1 · 159 m² | 9.3 m · 1 fl. |
Linked by address, not proof of ownership
Articles of association
Full purpose (10 activities)
- Import en export,groot- en kleinhandel en handelsbemiddeling van en in grafstenen en -monumenten en alle overige producten en voorwerpen in natuursteen.
- Import en export,groot- en kleinhandel en handelsbemiddeling van en in ruwe steen en natuursteen.
- De productie van grafstenen en-monumenten,inclusief de eventuele verplaatsing.
- Ruw houwen en zagen van steensoorten voor de steenhouwerij of voor het bouwbedrijf,zoals marmer,graniet,zandsteen,arduin.
- Bewerken van natuursteen.
- Al het voorgaande uitgezonderd gereglementeerde activiteiten waartoe machtiging ontbreekt.
- De vennootschap handelt voor eigen rekening,in consignatie,in commissie,als tussenpersoon of als vertegenwoordiger.
- Zij kan deelnemen of zich op ander wijze interesseren in allerhande vennootschappen,ondernemingen,groeperingen of organisaties.
- Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van het handelsfonds,in pand stellen en mag borg of aval verlenen voor alle leningen,kredietopeningen en alle andere verbintenissen,voor haarzelf en zelfs voor alle derden op voorwaarde dat zij er zelf belang bij heeft.
- Zij kan de functie van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
Structure & network
Owners and holdings
1 ownerChain of control
- Sereni Holding
- Sereni Group
- Granit Lust-Vuerings
- Memorial Stone
Highest known parent: Sereni Holding. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
2 transactionsCapital and shareholders
- Granit Lust-Vuerings BV (BE 0776.619.414) all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 04-09-2026 Capital increase · no new shares · “verhoging met ingebracht eigen vermogen van Overgenomen vennootschappen”
- 12-06-2026 Capital stated in the act · 229,102 EUR · 2,044 shares
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.