Memorial Stone
ActiveMemorial Stone has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.51M and a net result of €71k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+32
Solvency80▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 3.41 in 2024; short-term debt: 36.3% and cash: 15.9% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
55.3%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
62 d early
2022
39 d early
2021
80 d early
2020
3 d early
2019
14 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.51M▲ 4.9%
2024 · €1.44M
2019: €754k
2020: €789k
2021: €971k
2022: €1.16M
2023: €1.43M
2024: €1.44M
2019 → 2025
Total assets
€2.74M▲ 37.6%
2024 · €1.99M
2019: €1.45M
2020: €1.47M
2021: €1.72M
2022: €1.66M
2023: €2.05M
2024: €1.99M
2019 → 2025
Net result
€71k▲ 243%
2024 · €21k
2019: €7k
2020: €36k
2021: €182k
2022: €190k
2023: €265k
2024: €21k
2019 → 2025
Working capital
€1.38M▲ 6.3%
2024 · €1.29M
2019: €551k
2020: €508k
2021: €642k
2022: €772k
2023: €969k
2024: €1.29M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€971k-€1.16M▲ 19.5%€1.43M▲ 22.9%€1.44M▲ 1.1%€1.51M▲ 4.9%
Operating result€329k-€322k▼ 2.0%€424k▲ 31.6%€124k▼ 70.9%€122k▼ 1.0%
Net result€182k-€190k▲ 4.2%€265k▲ 39.9%€21k▼ 92.2%€71k▲ 243%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.74M
Fixed assets
€367k▲ 133%
Current assets
€2.37M▲ 29.4%
Equity and liabilities €2.74M
Equity
€1.51M▲ 4.9%
Debt
€1.22M▲ 124%
The debt ratio rises from 27.5% to 44.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€170k▼
2024 · €179k
Cash flow
€119k▲
2024 · €76k
Solvency
55.3%▼
2024 · 72.5%
Current ratio
2.39▼
2024 · 3.41
Quick ratio
1.72▼
2024 · 2.12
Debt / equity
0.81▲
2024 · 0.38
ROE
4.7%▲
2024 · 1.4%
ROA
2.6%▲
2024 · 1.0%
Interest coverage
9.60▲
2024 · 2.37
Debt
€1.22M▲
2024 · €547k
Debt ≤ 1 year
€993k▲
2024 · €537k
Debt > 1 year
€185k
Income taxes
€53k▲
2024 · €35k
Staff costs
€695k▲
2024 · €690k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.99M€2.74M▲
Fixed assets21/28€158k€367k▲
Tangible fixed assets22/27€157k€367k▲
Plant, machinery and equipment23€154k€132k▼
Furniture and vehicles24€3k€4k▲
Leasing and similar rights25-€227k
Other tangible fixed assets26€846€3k▲
Financial fixed assets28€405€135▼
Current assets29/58€1.83M€2.37M▲
Stocks and contracts in progress3€691k€663k▼
Stocks30/36€691k€663k▼
Amounts receivable within one year40/41€546k€1.23M▲
Trade receivables40€446k€717k▲
Other amounts receivable41€99k€517k▲
Cash at bank and in hand54/58€557k€435k▼
Deferred charges and accrued income490/1€39k€38k▼
Equity and liabilities
Total equity and liabilities10/49€1.99M€2.74M▲
Equity10/15€1.44M€1.51M▲
Contributions10/11€229k€229k=
Reserves13€1.21M€1.28M▲
Distributable reserves133€1.21M€1.28M▲
Amounts payable17/49€547k€1.22M▲
Amounts payable after more than one year17-€185k
Financial debts170/4-€185k
Amounts payable within one year42/48€537k€993k▲
Current portion of amounts payable after more than one year42-€43k
Trade debts44€325k€767k▲
Suppliers440/4€325k€767k▲
Advances received on contracts in progress46-€540
Taxes, remuneration and social security45€212k€182k▼
Taxes450/3€187k€141k▼
Remuneration and social security454/9€25k€41k▲
Accrued charges and deferred income492/3€10k€45k▲
Income statement
Code20242025
Non-recurring operating income76A€16k€14k▼
Remuneration, social security and pensions62€690k€695k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€48k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-383€403▲
Other operating charges640/8€98k€30k▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€968k€896k▼
Operating profit (loss)9901€124k€122k▼
Financial income75/76B€7k€19k▲
Recurring financial income75€7k€19k▲
Financial charges65/66B€75k€18k▼
Recurring financial charges65€75k€18k▼
Profit (loss) for the period before taxes9903€55k€124k▲
Income taxes67/77€35k€53k▲
Profit (loss) for the period9904€21k€71k▲
Profit (loss) for the period to be appropriated9905€21k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€71k▲
Transfer to equity691/2€21k€71k▲
To other reserves6921€21k€71k▲
Social balance
Average headcount (FTE)908715.311.9▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
General meeting · MergerGeneral meeting · Merger · Dissolution9 facts ▸
State Gazette act
General meeting · Merger
General meeting · Merger · Dissolution9 facts ▸
- General meeting, 2026-07-31
- Merger, simplified_sister_merger, 2026-07-31
- Merger, simplified_sister_merger, 2026-07-31
- Dissolution, 2026-07-31
- Dissolution, 2026-07-31
- Accounting effect, 2026-01-01
- Capital increase
- Name change, Memorial Stone
- Power of attorney, Ad-Ministerie BV
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €265k ▲39.9%
Operating result €424k, net result €265k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.16M ▲19.5%
4 profitable years in a row build equity to €1.16M.
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-01-2026
Macomax: Resigned as Director
18-11-2019
HEYLEN Vincent: Resigned as Director
Location & real-estate footprint
Registered office, Lier · 6 establishment units since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duwijckstraat 13-152500 LierGround area
6.1 ha
Building footprint
1.6 ha
Volume, LiDAR
115,900 m³
6 parcels, Flanders, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
6 establishment units
INTERSTONE
since 20042.144.601.407
Natuursteen Ghekiere Dominique
since 20262.393.820.240
Grafmonumenten Ingelbrecht
since 20262.393.820.339
Granit Lust-Vuerings
since 20262.393.820.438
Granit Lust-Vuerings
since 20262.393.820.537
Grafmonumenten Ingelbrecht
since 20262.393.820.636
6 parcels
Flanders
4
(66.7%)
Wallonia
2
(33.3%)
| 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
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
2 transactionsTook over:GRAFMONUMENTEN INGELBRECHT
Took over:NATUURSTEEN GHEKIERE DOMINIQUE
Capital and shareholders
Capital increase
From the act
“4. vastgesteld heeft dat, ingevolge het tot stand komen van de fusie en de overdracht van de diverse activa en passiva vermogensbestanddelen van de Overgenomen vennootschappen naar de Overnemende vennootschap, het kapitaal van de Overnemende vennootschap, overeenkomstig het continuïteitsbeginsel, wordt verhoogd met het ingebracht eigen vermogen van de Overgenomen vennootschappen, evenwel zonder uitgifte van nieuwe aandelen”
Recognitions · licences · registrations
Food safety, FASFC
1 siteLier2.144.601.407
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COLORDECOR
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BOUWMATERIALEN STIJNEN
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Novelta
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 961 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2004
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.