MONDIAL STONE
ActiveMONDIAL STONE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €883k and a net result of €-2k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▼-46
Solvency63▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.7 in 2023; short-term debt: 62.2% and cash: 1.7% of total assets), but 62.3% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.7%
Return on assets
-0.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
61 d late
2021
61 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €90k
2018: €-30k
2019: €61k
2020: €59k
2021: €186k
2022: €226k
2023: €90k
2018 → 2024
Working capital
€799k▲ 0.3%
2023 · €797k
2018: €146k
2019: €217k
2020: €280k
2021: €470k
2022: €703k
2023: €797k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€383k-€569k▲ 48.5%€795k▲ 39.7%€885k▲ 11.3%€883k▼ 0.2%
Operating result€115k-€281k▲ 145%€317k▲ 13.0%€132k▼ 58.5%€13k▼ 90.2%
Net result€59k-€186k▲ 215%€226k▲ 21.6%€90k▼ 60.2%€-2k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 90% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.34M
Fixed assets
€87k▼ 4.6%
Current assets
€2.26M▲ 16.8%
Equity and liabilities €2.34M
Equity
€883k▼ 0.2%
Debt
€1.46M▲ 28.3%
The debt ratio rises from 56.2% to 62.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17k▼
2023 · €136k
Cash flow
€2k▼
2023 · €94k
Solvency
37.7%▼
2023 · 43.8%
Current ratio
1.55▼
2023 · 1.70
Quick ratio
0.05▼
2023 · 0.81
Debt / equity
1.65▲
2023 · 1.29
ROE
-0.2%▼
2023 · 10.2%
ROA
-0.1%▼
2023 · 4.4%
Interest coverage
1.06▼
2023 · 10.65
Debt
€1.46M▲
2023 · €1.14M
Debt ≤ 1 year
€1.46M▲
2023 · €1.14M
Debt > 1 year
€3k=
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.02M€2.34M▲
Fixed assets21/28€91k€87k▼
Tangible fixed assets22/27€90k€86k▼
Land and buildings22€90k€86k▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.93M€2.26M▲
Stocks and contracts in progress3€1.01M€2.19M▲
Stocks30/36€1.01M€2.19M▲
Amounts receivable within one year40/41€37k€27k▼
Trade receivables40€0€0=
Other amounts receivable41€37k€27k▼
Cash at bank and in hand54/58€885k€40k▼
Deferred charges and accrued income490/1€219€861▲
Equity and liabilities
Total equity and liabilities10/49€2.02M€2.34M▲
Equity10/15€885k€883k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€822k€821k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€816k€814k▼
Amounts payable17/49€1.14M€1.46M▲
Amounts payable after more than one year17€3k€3k=
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€1.14M€1.46M▲
Financial debts43€250k€500k▲
Credit institutions430/8€186k€500k▲
Other loans439€64k-
Trade debts44€758k€614k▼
Suppliers440/4€758k€614k▼
Advances received on contracts in progress46€10k€10k=
Taxes, remuneration and social security45€114k€32k▼
Taxes450/3€114k€32k▼
Other amounts payable47/48€2k€301k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€7k€7k▲
Gross operating margin9900€143k€24k▼
Operating profit (loss)9901€132k€13k▼
Financial income75/76B€748€1k▲
Recurring financial income75€748€1k▲
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€120k€-2k▼
Income taxes67/77€30k-
Profit (loss) for the period9904€90k€-2k▼
Profit (loss) for the period to be appropriated9905€90k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€-2k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€90k-
To other reserves6921€90k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €226k ▲21.6%
Operating result €317k, net result €226k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Equity above €500kEq €569k ▲48.5%
3 profitable years in a row build equity to €569k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Somme-Leuze · 1 establishment unit since 2008
Ground area
7,758 m²
Building footprint
2,115 m²
Parcel 91010B0133/00N002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Mondial Stone
since 20082.168.802.313
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91010B0133/00N002 | Wallonia | 7,758 m² | 1 · 2,115 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Lighthouse Corner Development
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DCA WOONPROJECTEN
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ELAN
BE 0831.644.049
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GALLEE CONCEPT
BE 0474.045.730
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,082 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-01-2008
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
46130Agents in the wholesale of timber and building materials
46180Agents specialised in the wholesale of other particular products
46839Wholesale trade
46869Wholesale trade
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.