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LB STONEWORKS

Active
Private limited companyfounded 2024active for 2 yearsSchuttershofstraat 7, 3290 Diest, BelgiumKBO/BCE: BE 1012.257.356
Summary

LB STONEWORKS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,645 and a net result of €10,645. Its solvency ranks better than 76% of 423 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Cutting, shaping and finishing of stone
NACE 23700
1 site
Size
€21,579total assets 2025
Equity
€15,645
Profit
€10,645
Turnover not published (micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 40 days early
Why 91raises risk1 change of registered office in 24 monthsSize: total assets €21,579lowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)Liquidity: current ratio 2.97, cash €4,334Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 79% of its sector peers (NACE 23, micro)
Financial strength
Strong
Solvency 97
equity 72.5% of total assets
Liquidity 64
short-term debt 27.5% · cash 20.1%
Profitability 100
return on assets 49.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)
Last 24 months 09-2025: 0.5% 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 1.2%▲ +0.5 percentage points vs 05-2026highest value 07-2026: 0.2%▼ -1.0 percentage point vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.97, above the usual 1.5; short-term debt: 27.5% and cash: 20.1% of total assets), and 27.5% 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 75% on solvency, 66% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 22-10-2026 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
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
lowers risk · Liquidity: current ratio 2.97, cash €4,334
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €21,579
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 21-06-2026, 40 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
40 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. IncorporationAppointment: BUELENS Lucas Natalie Eddy…

Financials · financial year 2025, micro format

Equity
€15,645
Total assets
€21,579
Net result
€10,645
Working capital
€11,711

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €21,579
Fixed assets €3,934
Current assets €17,645
Equity and liabilities €21,579
Equity €15,645
Debt €5,934
Debt finances 27.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,096
Cash flow
€12,050
Current ratio
2.97
Debt to equity
0.38
ROE
68.0%
ROA
49.3%
Interest coverage
31.19
Debt ≤ 1 year
€5,934
Income taxes
€2,653

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€21,579
Fixed assets21/28€3,934
Tangible fixed assets22/27€3,934
Plant, machinery and equipment23€1,034
Furniture and vehicles24€2,900
Current assets29/58€17,645
Amounts receivable within one year40/41€13,311
Trade receivables40€8,870
Other amounts receivable41€4,441
Cash at bank and in hand54/58€4,334
Equity and liabilities
Total equity and liabilities10/49€21,579
Equity10/15€15,645
Contributions10/11€5,000
Reserves13€10,645
Distributable reserves133€10,645
Amounts payable17/49€5,934
Amounts payable within one year42/48€5,934
Trade debts44€1,637
Suppliers440/4€1,637
Taxes, remuneration and social security45€4,297
Taxes450/3€4,297
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,405
Other operating charges640/8€429
Gross operating margin9900€15,525
Operating profit (loss)9901€13,691
Financial income75/76B€91
Recurring financial income75€91
Financial charges65/66B€484
Recurring financial charges65€484
Profit (loss) for the period before taxes9903€13,298
Income taxes67/77€2,653
Profit (loss) for the period9904€10,645
Profit (loss) for the period to be appropriated9905€10,645
Appropriation of the result
Profit (loss) to be appropriated9906€10,645
Transfer to equity691/2€10,645
To other reserves6921€10,645

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,405
Other operating charges640/8€429
Gross operating margin9900€15,525
Operating profit (loss)9901€13,691
Financial income75/76B€91
Recurring financial income75€91
Financial charges65/66B€484
Recurring financial charges65€484
Profit (loss) for the period before taxes9903€13,298
Income taxes67/77€2,653
Profit (loss) for the period9904€10,645
Profit (loss) for the period to be appropriated9905€10,645
Line2025
Assets
Total assets20/58€21,579
Fixed assets21/28€3,934
Tangible fixed assets22/27€3,934
Plant, machinery and equipment23€1,034
Furniture and vehicles24€2,900
Current assets29/58€17,645
Amounts receivable within one year40/41€13,311
Trade receivables40€8,870
Other amounts receivable41€4,441
Cash at bank and in hand54/58€4,334
Equity and liabilities
Total equity and liabilities10/49€21,579
Equity10/15€15,645
Contributions10/11€5,000
Reserves13€10,645
Distributable reserves133€10,645
Amounts payable17/49€5,934
Amounts payable within one year42/48€5,934
Trade debts44€1,637
Suppliers440/4€1,637
Taxes, remuneration and social security45€4,297
Taxes450/3€4,297
Line2025
Profit (loss) for the period9904€10,645
+ Depreciation and write-downs630€1,405
Operating cash flow (approximation)€12,050

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 21-06-2026 2026-00182844

Similar companies · same sector, comparable size

Of the 729 active companies whose main activity is cutting, shaping and finishing of stone (NACE 23700), figures are known for 487. 179 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
BUELENS Lucas Natalie Eddy
Director (not named in the articles) · since 08-08-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BUELENS Lucas Natalie Eddy
  • Director (not named in the articles), from 08-08-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 08-08-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-08-2024 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 6 August 2024, LB STONEWORKS was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2026 the registered office moved to Diest.3 BUELENS Lucas Natalie Eddy has served as director of the company since 2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-08-2024
  3. 3Belgian Official Gazette, 21-05-2026

Acts, filings and financial milestones

2026
21-06
NBB filing Annual accounts filed
financial year 2025 · micro format
21-05
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 01-05-2026
  • Registered-office move, Schuttershofstraat 7 te 3290 Diest
2024
08-08
Gazette deed Incorporation
Appointment: BUELENS Lucas Natalie Eddy (director) · Registered office clause · Power of attorney10 facts ▸
  • Registered office clause, “3294 Diest (Molenstede),Holleweg 5” (deed in Dutch)
  • Director appointment, BUELENS Lucas Natalie Eddy (director (not named in the articles))
  • Other provision, “verklaring geen verbod bestuursfunctie, niet getroffen door beslissing die zich hiertegen verzet of enig verbod dat belet functie op te nemen” (deed in Dutch)
  • Power of attorney, Yves DE CEUNYNCK
  • Other provision, “kosten oprichting ten laste vennootschap”, 1524.2 (deed in Dutch)
  • Other provision, “voorafgaande toelatingen of vergunningen, vennootschap kan in uitvoering voorwerp verplicht zijn nodige voorafgaande toelatingen of vergunningen te bekomen of v…” (deed in Dutch)
  • Founder, BUELENS Lucas Natalie Eddy
  • Incorporation, 01-08-2024
  • Founding capital, €5,000
  • Bank account, “BE14 0019 8573 4183, vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded06-08-2024
Financial year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
68122Development of non-residential building projects
43331Floor and wall tiling
74130Interior design
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012257356
Also 9925:BE1012257356
Registered 29-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1012.257.356

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
2,114 m²
Building footprint
327 m²
Building volume
1,707 m³
2 parcels, Flanders · tallest building 15.4 m. Linked by address, not a title deed.
1 establishment unit
LB STONEWORKS
Holleweg 5, 3294 DiestFloor and wall tiling
since 2024unit no. 2.363.081.633
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
24073H0080/00X000 Flanders 1,954 m² 1 · 261 m² 15.4 m
24020A1130/00Z000 Flanders 159 m² 1 · 66 m² 10.4 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Opzetten en begeleiden van samenwerkingsovereenkomsten,licenties,franchisecontracten en ander; Begeleiden van bouwadministratie; Advies in…” (deed in Dutch)
19 activities (deed in Dutch)
  1. Opzetten en begeleiden van samenwerkingsovereenkomsten,licenties,franchisecontracten en ander
  2. Begeleiden van bouwadministratie
  3. Advies in technische zaken
  4. Projectontwikkeling onroerende goederen
  5. Bouwen en verbouwen van woningen
  6. Projectbegeleiding onroerende goederen
  7. Holding
  8. Aan en verkoop van onroerende goederen
  9. Renovatie van woningen
  10. Afwerken van woningen : vloerderswerken,elektriciteit,gyproc,sanitair
  11. Natuursteenbewerking ,plaatsen en opmeten
  12. Interieuradvies
  13. Management,m.b.t.administratie,interne boekhouding,personeelsbeleid,aan-en verkoopbeleid,financieel beleid,informatica hard en software,onderhoud ,herstelling en revisie,interpretatie van boekhoudkundige gegevens,algemene consultancy
  14. Verkopen op basis van commissie ,tussenpersoon in de handel,als gerante,of zelfstandig vertegenwoordiger
  15. Opzetten en begeleiden van samenwerkingsovereenkomsten,licenties,franchise-contracten en andere
  16. Opzetten en begeleiden van productprotectie,merknamen
  17. Opzetten en begeleiden van een distributienetwerk groothandel /kleinhandel
  18. Aanbieden van serviceopdrachten in functie van optimalisatie administratie,rendement
  19. Holding

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
LB STONEWORKS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 08-08-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”
“Indien er twee of meer bestuurders zijn benoemd, dan mogen zij hun bevoegdheden ieder afzonderlijk uitoefenen en zullen zij ieder…”
Full text

Indien er twee of meer bestuurders zijn benoemd, dan mogen zij hun bevoegdheden ieder afzonderlijk uitoefenen en zullen zij ieder afzonderlijk de vennootschap mogen vertegenwoordigen jegens derden en in rechte, zowel als eiser als verweerder, onverminderd de eventuele onderlinge delegatie van bevoegdheden, welke delegatie slechts kan gebeuren op voorwaarden dat zo een mandaat bijzonder en van tijdelijke aard is. Vergoeding van de bestuurders De algemene vergadering beslist of het mandaat van de bestuurder al dan niet ten kosteloze titel wordt uitgeoefend.

Board ruleHow the board is made up, meets and takes decisions.
“1, één of meer bestuurders” (deed in Dutch)

deed of 08-08-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 15:00

deed of 08-08-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“In vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en…” (deed in Dutch)

deed of 08-08-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Schriftelijke besluitvorming bijzondere algemene vergadering, datum ondertekend besluit geacht datum toekomen op zetel” (deed in Dutch)
Other provision: “Elektronische algemene vergadering-deelneming op afstand, door vennootschap ter beschikking gesteld elektronisch communicatiemiddel” (deed in Dutch)
Other provision: “Iedere aandeelhouder kan op afstand stemmen vóór vergadering, stemrecht langs elektronische weg vóór algemene vergadering” (deed in Dutch)
Other provision: “Bestuurders en commissarissen, recht schriftelijke vragen langs elektronische weg vóór vergadering” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten verbonden aan effecten mogen niet geschorst zijn” (deed in Dutch)
Other provision: “Ieder aandeel één stem, beraadslagingen-stemrecht” (deed in Dutch)
Other provision: “Meerderheid van stemmen, meerderheid algemene vergadering” (deed in Dutch)
Other provision: “Bestuursorgaan, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Vergoeding bestuurders, algemene kosten,los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering” (deed in Dutch)
Other provision: “Alle besluiten van algemene vergadering, schriftelijke algemene vergadering §1” (deed in Dutch)
Other provision: “Schriftelijke jaarvergadering §2-datering, bij meerdere exemplaren datum ontvangst laatste bepalend” (deed in Dutch)
9 more provisions in the deed, see the deed of 08-08-2024

deed of 08-08-2024