Equity
SILVER & STONE has made a profit without a break since 2017.
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In July 2024, 31,368 companies had the same profile as SILVER & STONE has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for SILVER & STONE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| SILVER & STONE Leuven | €81,982 | €23,230 | 65.4% | - |
| SAMARIS Perwez | €70,763 | €12,575 | 46.1% | - |
| ROCH Genk | €120,122 | €12,910 | 22.3% | - |
| VASSO Maasmechelen | €93,783 | €9,449 | 38.5% | - |
| NEDE Roeselare | €65,792 | €11,564 | 49.2% | - |
| FUTURE WORLD Zutendaal | €117,639 | €9,183 | 74.7% | - |
| COPACABANA Anderlecht | €119,308 | €46,464 | 47.4% | 0.5 |
These companies have the same main activity as SILVER & STONE: wholesale trade (NACE 46480). They are comparable in size and age: total assets between €65,800 and €120,000, founded between 1988 and 2004.
SILVER & STONE files the micro format. That format states no turnover. The gross margin fell from €81,011 in 2006 to €23,230 in 2025.
The balance sheet grew most from 2008 to 2009 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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