SILVER & STONE
ActiveSummary
SILVER & STONE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €6k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 66% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-13
Solvency84▼-8
Growth48=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.93 in 2023; short-term debt: 40.7% and cash: 50.9% of total assets), and 40.7% of the assets are financed with debt.
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Signals
Four 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
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
59.3%
Return on assets
8.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
44 d early
2022
28 d late
2021
19 d late
2020
27 d late
2019
38 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Turnover
€298k▲ 1.1%
2021 · €295k
EBIT margin
0.9%▼ 3.3pp
2021 · 4.2%
Net result
€6k▼ 44.2%
2023 · €12k
Working capital
€42k▼ 22.0%
2023 · €54k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€245k▼ 7.2%€295k▲ 20.6%€298k▲ 1.1%
Operating result€9k▼ 33.3%€12k▲ 40.2%€3k▼ 78.0%€20k▲ 620%€14k▼ 28.2%
Net result€7k▼ 27.1%€4k▼ 45.7%€2k▼ 34.8%€12k▲ 388%€6k▼ 44.2%
EBIT margin3.6%▼ 1.4pp4.2%▲ 0.6pp0.9%▼ 3.3pp
Equity€56k▲ 13.7%€44k▼ 20.3%€47k▲ 5.3%€58k▲ 24.8%€46k▼ 20.8%
Total assets€76k▲ 31.2%€66k▼ 13.8%€69k▲ 4.4%€87k▲ 26.6%€78k▼ 10.3%
Debt€21k▲ 126%€21k▲ 4.0%€22k▲ 2.4%€29k▲ 30.5%€32k▲ 11.1%
Working capital€55k▲ 9.9%€44k▼ 19.9%€48k▲ 9.5%€54k▲ 12.2%€42k▼ 22.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €78k
Fixed assets
€4k ▼ 15.1%
Current assets
€74k ▼ 10.0%
Equity and liabilities €78k
Equity
€46k ▼ 20.8%
Debt
€32k ▲ 11.1%
Debt's share of the balance-sheet total rises from 32.9% to 40.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2023 · €21k
Cash flow
€8k▼
2023 · €13k
Current ratio
2.33▼
2023 · 2.93
Quick ratio
1.52▼
2023 · 2.04
Debt to equity
0.69▲
2023 · 0.49
ROE
14.0%▼
2023 · 19.8%
ROA
8.3%▼
2023 · 13.3%
Interest coverage
5.14▼
2023 · 6.34
Debt ≤ 1 year
€32k▲
2023 · €28k
Income taxes
€5k▼
2023 · €5k
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €245k | €295k | €298k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €279k | €292k | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €427 | €427 | €2k | €1k | €2k | ▲ 15.1% |
| Other operating charges640/8 | - | €3k | €2k | €2k | €2k | ▲ 4.1% |
| Gross operating margin9900 | €10k | €16k | €6k | €23k | €20k | ▼ 13.6% |
| Operating profit (loss)9901 | €9k | €12k | €3k | €20k | €14k | ▼ 28.2% |
| Financial income75/76B | - | €121 | €2k | €0 | €146 | ▲ 111,854% |
| Recurring financial income75 | €76 | €121 | €2k | €0 | €146 | ▲ 111,854% |
| Financial charges65/66B | - | €2k | €2k | €3k | €3k | ▼ 7.9% |
| Recurring financial charges65 | €2k | €2k | €2k | €3k | €3k | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €7k | €10k | €3k | €16k | €11k | ▼ 31.4% |
| Income taxes67/77 | - | €7k | €645 | €5k | €5k | ▼ 0.4% |
| Profit (loss) for the period9904 | €7k | €4k | €2k | €12k | €6k | ▼ 44.2% |
| Profit (loss) for the period to be appropriated9905 | €7k | €4k | €2k | €12k | €6k | ▼ 44.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76k | €66k | €69k | €87k | €78k | ▼ 10.3% |
| Fixed assets21/28 | €855 | €428 | €5k | €5k | €4k | ▼ 15.1% |
| Tangible fixed assets22/27 | €855 | €428 | €5k | €5k | €4k | ▼ 15.1% |
| Plant, machinery and equipment23 | - | €428 | €5k | €4k | €2k | ▼ 32.5% |
| Furniture and vehicles24 | - | - | - | €1k | €2k | ▲ 44.5% |
| Current assets29/58 | €76k | €65k | €64k | €82k | €74k | ▼ 10.0% |
| Stocks and contracts in progress3 | €20k | €19k | €27k | €25k | €26k | ▲ 3.7% |
| Stocks30/36 | - | €19k | €27k | €25k | €26k | ▲ 3.7% |
| Amounts receivable within one year40/41 | €1k | €888 | €2k | €7k | €2k | ▼ 65.8% |
| Trade receivables40 | - | €878 | €2k | €7k | €2k | ▼ 71.5% |
| Other amounts receivable41 | - | €10 | €43 | - | €412 | - |
| Cash at bank and in hand54/58 | €55k | €43k | €35k | €50k | €40k | ▼ 20.8% |
| Deferred charges and accrued income490/1 | - | €2k | - | - | €6k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76k | €66k | €69k | €87k | €78k | ▼ 10.3% |
| Equity10/15 | €56k | €44k | €47k | €58k | €46k | ▼ 20.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €11k | ▼ 39.7% |
| Reserves13 | €2k | €2k | €2k | €13k | €20k | ▲ 48.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | - | €12k | €18k | ▲ 55.8% |
| Profit (loss) carried forward14 | €35k | €24k | €26k | €26k | €15k | ▼ 42.5% |
| Amounts payable17/49 | €21k | €21k | €22k | €29k | €32k | ▲ 11.1% |
| Amounts payable after more than one year17 | - | - | €6k | €474 | - | - |
| Financial debts170/4 | - | - | €6k | €474 | - | - |
| Amounts payable within one year42/48 | €21k | €21k | €16k | €28k | €32k | ▲ 13.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | €474 | ▼ 91.4% |
| Financial debts43 | - | - | €5k | - | - | - |
| Credit institutions430/8 | - | - | €5k | - | - | - |
| Trade debts44 | €3k | €5k | €3k | €6k | €3k | ▼ 54.7% |
| Suppliers440/4 | - | €5k | €3k | €6k | €3k | ▼ 54.7% |
| Taxes, remuneration and social security45 | - | €4k | €6k | €16k | €18k | ▲ 13.4% |
| Taxes450/3 | - | €4k | €6k | €16k | €18k | ▲ 13.2% |
| Remuneration and social security454/9 | - | - | - | - | €44 | - |
| Other amounts payable47/48 | - | €13k | €530 | €487 | €10k | ▲ 1,998% |
| Accrued charges and deferred income492/3 | - | - | €302 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €4k | €2k | €12k | €6k | ▼ 44.2% |
| + Depreciation and write-downs630 | €427 | €427 | €2k | €1k | €2k | ▲ 15.1% |
| Operating cash flow (approximation) | €7k | €4k | €4k | €13k | €8k | ▼ 37.7% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €-1k | €-908 | ▲ 29.8% |
| Change in cash | - | €-12k | €-8k | €15k | €-10k | ▼ 170% |
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
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼34.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 8.20
Current ratio from 2.09 to 8.20; short-term debt falls from €35k to €7k.
18-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 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, Leuven · 1 establishment unit since 1998
Ground area
69 m²
Building footprint
69 m²
Volume, LiDAR
925 m³
Parcel 24505F0562/00B000, Flanders · tallest building 15.0 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SILVER & STONE
since 19982.086.657.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0562/00B000 | Flanders | 69 m² | 1 · 69 m² | 15.0 m · 5 fl. |
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 567 companies in sector 46480 we hold annual accounts for 354. 245 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
Founded30-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
46480Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
47715Retail trade
47770Retail sale of watches and jewellery
Scores and ratios are computed by Checked and are not a credit decision.