INTRASTONE
ActiveSummary
INTRASTONE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,214 and a net result of €35,117. Equity is growing by ~57.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+19
Solvency46▲+10
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.1 in 2024; short-term debt: 79% and cash: 33.7% of total assets), and 79% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← 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
21%
Return on assets
10.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 287 sector peers (2025).
NBB · sector comparisonPosition among 287 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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
49 d late
2024
50 d late
2023
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35,117▲ 306%
2024 · €8,659
Working capital
€64,358▲ 107%
2024 · €31,083
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€15,778-€15,162▼ 3.9%€50,455▲ 233%
Net result€10,838within the sector's middle half-€8,659within the sector's middle half▼ 20.1%€35,117within the sector's middle half▲ 306%
Equity€29,438below the sector's middle half-€38,097below the sector's middle half▲ 29.4%€73,214below the sector's middle half▲ 92.2%
Total assets€466,091below the sector's middle half-€362,754below the sector's middle half▼ 22.2%€349,224below the sector's middle half▼ 3.7%
Debt€436,653-€324,657▼ 25.6%€276,010▼ 15.0%
Working capital€30,088below the sector's middle half-€31,083below the sector's middle half▲ 3.3%€64,358below the sector's middle half▲ 107%
Solvency6.3%below the sector's middle half-10.5%below the sector's middle half▲ 4.2pp21.0%below the sector's middle half▲ 10.5pp
Current ratio1.07below the sector's middle half-1.10below the sector's middle half▲ 0.031.23within the sector's middle half▲ 0.14
Return on assets (ROA)2.3%within the sector's middle half-2.4%within the sector's middle half▲ 0.1pp10.1%above the sector's middle half▲ 7.7pp
Staff (FTE)2.8within the sector's middle half-2.7within the sector's middle half▼ 3.6%3below the sector's middle half▲ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 233% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349,224
Fixed assets
€8,856 ▲ 26.3%
Current assets
€340,368 ▼ 4.3%
Equity and liabilities €349,224
Equity
€73,214 ▲ 92.2%
Debt
€276,010 ▼ 15.0%
Debt's share of the balance-sheet total falls from 89.5% to 79.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52,110▲
2024 · €15,210
Cash flow
€36,772▲
2024 · €8,707
Quick ratio
1.22▲
2024 · 1.05
Debt to equity
3.77▼
2024 · 8.52
ROE
48.0%▲
2024 · 22.7%
Interest coverage
13.68▲
2024 · 4.84
Debt ≤ 1 year
€276,010▼
2024 · €324,657
Income taxes
€10,882▲
2024 · €3,364
Staff costs
€144,791▼
2024 · €151,136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.1%
went bankrupt
1.6%
stopped otherwise
94%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,976 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.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €153,702 | €151,136 | €144,791 | ▼ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €48 | €1,655 | ▲ 3,359% |
| Other operating charges640/8 | €1,718 | €2,184 | €2,717 | ▲ 24.4% |
| Gross operating margin9900 | €171,197 | €168,531 | €199,618 | ▲ 18.4% |
| Operating profit (loss)9901 | €15,778 | €15,162 | €50,455 | ▲ 233% |
| Financial income75/76B | €10 | €2 | €265 | ▲ 15,654% |
| Recurring financial income75 | €10 | €2 | €265 | ▲ 15,654% |
| Financial charges65/66B | €1,183 | €3,141 | €4,721 | ▲ 50.3% |
| Recurring financial charges65 | €1,183 | €3,141 | €3,808 | ▲ 21.2% |
| Non-recurring financial charges66B | - | - | €913 | - |
| Profit (loss) for the period before taxes9903 | €14,605 | €12,023 | €45,999 | ▲ 283% |
| Income taxes67/77 | €3,767 | €3,364 | €10,882 | ▲ 223% |
| Profit (loss) for the period9904 | €10,838 | €8,659 | €35,117 | ▲ 306% |
| Profit (loss) for the period to be appropriated9905 | €10,838 | €8,659 | €35,117 | ▲ 306% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €466,091 | €362,754 | €349,224 | ▼ 3.7% |
| Fixed assets21/28 | - | €7,014 | €8,856 | ▲ 26.3% |
| Tangible fixed assets22/27 | - | €7,014 | €8,856 | ▲ 26.3% |
| Plant, machinery and equipment23 | - | €2,580 | €5,316 | ▲ 106% |
| Furniture and vehicles24 | - | €4,433 | €3,541 | ▼ 20.1% |
| Current assets29/58 | €466,091 | €355,741 | €340,368 | ▼ 4.3% |
| Stocks and contracts in progress3 | €36,228 | €15,028 | €3,400 | ▼ 77.4% |
| Stocks30/36 | €36,228 | €15,028 | €3,400 | ▼ 77.4% |
| Amounts receivable within one year40/41 | €368,791 | €271,848 | €219,449 | ▼ 19.3% |
| Trade receivables40 | €172,017 | €224,173 | €184,287 | ▼ 17.8% |
| Other amounts receivable41 | €196,774 | €47,675 | €35,162 | ▼ 26.2% |
| Cash at bank and in hand54/58 | €50,200 | €64,929 | €117,519 | ▲ 81.0% |
| Deferred charges and accrued income490/1 | €10,871 | €3,935 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €466,091 | €362,754 | €349,224 | ▼ 3.7% |
| Equity10/15 | €29,438 | €38,097 | €73,214 | ▲ 92.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | = |
| Other1109/19 | - | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €10,838 | €19,497 | €54,614 | ▲ 180% |
| Amounts payable17/49 | €436,653 | €324,657 | €276,010 | ▼ 15.0% |
| Amounts payable within one year42/48 | €436,003 | €324,657 | €276,010 | ▼ 15.0% |
| Trade debts44 | €391,891 | €304,786 | €244,407 | ▼ 19.8% |
| Suppliers440/4 | €391,891 | €304,786 | €244,407 | ▼ 19.8% |
| Taxes, remuneration and social security45 | €44,113 | €19,871 | €31,603 | ▲ 59.0% |
| Taxes450/3 | €19,074 | €11,998 | €23,105 | ▲ 92.6% |
| Remuneration and social security454/9 | €25,039 | €7,873 | €8,498 | ▲ 7.9% |
| Accrued charges and deferred income492/3 | €650 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,838 | €8,659 | €35,117 | ▲ 306% |
| + Depreciation and write-downs630 | - | €48 | €1,655 | ▲ 3,359% |
| Operating cash flow (approximation) | €10,838 | €8,707 | €36,772 | ▲ 322% |
| Investment in fixed assets (approximation) | - | - | -€3,498 | - |
| Change in cash | - | €14,729 | €52,590 | ▲ 257% |
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
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 49 days late
2025
31-12
Financial
Highest result since 2023net €35,117 ▲306%
Operating result €50,455, net result €35,117, both a record.
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 50 days late
2024
31-12
Financial
Weakest financial yearnet €8,659 ▼20.1%
Net result drops to €8,659, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 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.
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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, Sint-Niklaas · 1 establishment unit since 2023
Ground area
691 m²
Parcel 46446B1011/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
INTRASTONE
since 20232.341.885.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B1011/00E000 | Flanders | 691 m² | - | - |
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.
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Of 737 companies in sector 23700 we hold annual accounts for 489. 384 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
Founded11-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
43331Floor and wall tiling
47523Retail trade
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0797046327
Also
9925:BE0797046327
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.