STONE ENGINEERING
ActiveSummary
STONE ENGINEERING has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,319 and a net result of -€19,803. Equity has been growing by about 6.9% per year since 2023. Its solvency ranks better than 47% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-05-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 6 others
- Establishment unit
- 2.345.228.881 1342 Ottignies-Louvain-la-Neuve, since 03-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
Annual accounts 2025
- Gross margin
- -€15,717
- Loss
- €19,803
- Equity
- €33,319
- ▼ 37.3%
- Total assets
- €63,534
- ▼ 16.2%
- 2025 accounts filed 31 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.97, cash €29,613Equity €33,319 (52.4% of total assets)Show the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency
77-18
equity 52.4% of total assets
Liquidity
77-11
short-term debt 47.6% · cash 46.6%
Profitability
0-100
return on assets -31.2%
Bankruptcy probability within 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.5%▼ -0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.6%▼ -0.1 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.7%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.4 percentage points vs 07-2026
09-2026: 1.4%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97 (3.25 in 2024), above the usual 1.5. Short-term debt is 47.6% and cash 46.6% of total assets. 47.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 61% of them on solvency, 80% on liquidity, 5% on profitability and 13% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
31 days late
2024
13 days early
2023
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 5 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (3 of the last 3 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00504416.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 3 filings
Equity
€33,319▼ 37.3%
2024 · €53,122
Total assets
€63,534▼ 16.2%
2024 · €75,854
Net result
-€19,803
2024 · €24,377
Working capital
€29,246▼ 42.8%
2024 · €51,112
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€17,634
2025
20232025
Net result
-€19,803
2025
lowest quarter of the sector
20232025
Equity
€33,319
▼ 37.3%
2025
middle half of the sector
20232025
Total assets
€63,534
▼ 16.2%
2025
lowest quarter of the sector
20232025
Debt
€30,215
▲ 32.9%
2025
20232025
Working capital
€29,246
▼ 42.8%
2025
middle half of the sector
20232025
Solvency
52.4%
▼ 17.6pp
2025
middle half of the sector
20232025
Current ratio
1.97
▼ 1.28
2025
middle half of the sector
20232025
Return on assets (ROA)
-31.2%
▼ 63.3pp
2025
lowest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€33,397-€30,983▼ 7.2%-€17,634
Net result€25,746within the sector's middle half-€24,377within the sector's middle half▼ 5.3%-€19,803below the sector's middle half
Equity€28,746within the sector's middle half-€53,122within the sector's middle half▲ 84.8%€33,319within the sector's middle half▼ 37.3%
Total assets€52,332below the sector's middle half-€75,854below the sector's middle half▲ 44.9%€63,534below the sector's middle half▼ 16.2%
Debt€23,587-€22,732▼ 3.6%€30,215▲ 32.9%
Working capital€26,319within the sector's middle half-€51,112within the sector's middle half▲ 94.2%€29,246within the sector's middle half▼ 42.8%
Solvency54.9%within the sector's middle half-70.0%within the sector's middle half▲ 15.1pp52.4%within the sector's middle half▼ 17.6pp
Current ratio2.14within the sector's middle half-3.25within the sector's middle half▲ 1.111.97within the sector's middle half▼ 1.28
Return on assets (ROA)49.2%above the sector's middle half-32.1%above the sector's middle half▼ 17.1pp-31.2%below the sector's middle half▼ 63.3pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €17,634, after a profit of €30,983 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63,534
Fixed assets
€4,073 ▲ 103%
Current assets
€59,461 ▼ 19.5%
Equity and liabilities €63,534
Equity
€33,319 ▼ 37.3%
Debt
€30,215 ▲ 32.9%
Debt's share of the balance-sheet total rises from 30.0% to 47.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€16,186▼
2024 · €31,961
Cash flow
-€18,355▼
2024 · €25,355
Debt to equity
0.91▲
2024 · 0.43
ROE
-59.4%▼
2024 · 45.9%
Interest coverage
-7.59▼
2024 · over 100
Debt ≤ 1 year
€30,215▲
2024 · €22,732
Income taxes
€162▼
2024 · €6,459
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €3,913 | - | €2,460 |
| Intangible fixed assets | - | - | €1,050 |
| Financial fixed assets | €54 | - | €0 |
| Depreciation and write-downs of the year | €978 | €978 | €1,448 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €978 | €978 | €1,448 | ▲ 48.0% |
| Other operating charges640/8 | €384 | €387 | €470 | ▲ 21.3% |
| Gross operating margin9900 | €34,759 | €32,348 | -€15,717 | - |
| Operating profit (loss)9901 | €33,397 | €30,983 | -€17,634 | - |
| Financial income75/76B | - | €8 | €126 | ▲ 16× |
| Recurring financial income75 | - | €8 | €126 | ▲ 16× |
| Financial charges65/66B | €44 | €155 | €2,133 | ▲ 14× |
| Recurring financial charges65 | €44 | €155 | €2,133 | ▲ 14× |
| Profit (loss) for the period before taxes9903 | €33,352 | €30,836 | -€19,641 | - |
| Income taxes67/77 | €7,607 | €6,459 | €162 | ▼ 97.5% |
| Profit (loss) for the period9904 | €25,746 | €24,377 | -€19,803 | - |
| Profit (loss) for the period to be appropriated9905 | €25,746 | €24,377 | -€19,803 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €52,332 | €75,854 | €63,534 | ▼ 16.2% |
| Fixed assets21/28 | €2,989 | €2,011 | €4,073 | ▲ 103% |
| Intangible fixed assets21 | - | - | €1,045 | - |
| Tangible fixed assets22/27 | €2,934 | €1,956 | €2,973 | ▲ 52.0% |
| Furniture and vehicles24 | €2,934 | €1,956 | €2,973 | ▲ 52.0% |
| Financial fixed assets28 | €54 | €54 | €54 | = |
| Current assets29/58 | €49,343 | €73,843 | €59,461 | ▼ 19.5% |
| Amounts receivable within one year40/41 | €5,191 | €30,692 | €27,669 | ▼ 9.9% |
| Trade receivables40 | €5,191 | €22,630 | €9,733 | ▼ 57.0% |
| Other amounts receivable41 | - | €8,062 | €17,936 | ▲ 122% |
| Cash at bank and in hand54/58 | €44,152 | €42,586 | €29,613 | ▼ 30.5% |
| Deferred charges and accrued income490/1 | - | €565 | €2,179 | ▲ 286% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €52,332 | €75,854 | €63,534 | ▼ 16.2% |
| Equity10/15 | €28,746 | €53,122 | €33,319 | ▼ 37.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €25,746 | €50,122 | €30,319 | ▼ 39.5% |
| Amounts payable17/49 | €23,587 | €22,732 | €30,215 | ▲ 32.9% |
| Amounts payable within one year42/48 | €23,024 | €22,732 | €30,215 | ▲ 32.9% |
| Trade debts44 | €2,158 | €1,907 | €21,210 | ▲ 11× |
| Suppliers440/4 | €2,158 | €1,907 | €21,210 | ▲ 11× |
| Taxes, remuneration and social security45 | €14,634 | €13,880 | €3,509 | ▼ 74.7% |
| Taxes450/3 | €13,058 | €13,880 | €3,509 | ▼ 74.7% |
| Remuneration and social security454/9 | €1,576 | €0 | - | - |
| Other amounts payable47/48 | €6,233 | €6,945 | €5,495 | ▼ 20.9% |
| Accrued charges and deferred income492/3 | €562 | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,746 | €24,377 | -€19,803 | - |
| + Depreciation and write-downs630 | €978 | €978 | €1,448 | ▲ 48.0% |
| Operating cash flow (approximation) | €26,724 | €25,355 | -€18,355 | - |
| Investment in fixed assets (approximation) | - | €0 | -€3,510 | - |
| Change in cash | - | -€1,566 | -€12,973 | ▼ 728% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,223 companies had the same profile as STONE ENGINEERING has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
87.7%
was still going
8.7%
stopped otherwise
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STONE ENGINEERING itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,223 companies, not a prediction for STONE ENGINEERING. 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.
Board & ownership
Directors
Directors
1 director, no change since 2023
Jauniaux Pierre Nicolas-Claude
Current
Director (not named in the articles) · appointed in the act of 05-05-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Owners and capital
Shareholders
At incorporation
act of 05-05-2023 ↗
- Jauniaux Pierre Nicolas-Claude 100 shares (100%) · in cash
Capital transactions
Capital over time
- 05-05-2023 Incorporation · €3,000 · 100 shares
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Administrateurs en exercice sauf assemblée générale désigne un ou plusieurs liquidateurs, actif net réparti entre actionnaires proportion…”
Articles of association, deed of 05-05-2023 (in French)
Network & group
STONE ENGINEERING shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of STONE ENGINEERING. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
micro format · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€19,803
The net result drops to -€19,803, the lowest from 2023 to 2025.
18-07
micro format · 13 days before the deadline
2024
29-07
micro format · 2 days before the deadline
2023
05-05
Gazette deed
IncorporationStarting capital €3,000 · Appointment: Jauniaux Pierre Nicolas-Claude (director) · Declaration10 points ▸
Gazette deed
Incorporation
Starting capital €3,000 · Appointment: Jauniaux Pierre Nicolas-Claude (director) · Declaration10 points ▸
- Incorporation, 03-05-2023
- Other provision, 01-05-2023
- Declaration, “responsabilité des fondateurs, faillite dans les trois ans de la constitution si capitaux propres de départ manifestement insuffisants” (deed in French)
- Founding capital, €3,000
- Other provision, “hors TVA, frais de constitution” (deed in French)
- Capital
- Registered office clause, “Rue Léon Delhaize,18 A, LIMELETTE” (deed in French)
- Director appointment, Jauniaux Pierre Nicolas-Claude (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements ainsi que obligations qui en résultent et toutes activités entreprises au nom société en formation” (deed in French)
- Founder, Jauniaux Pierre Nicolas-Claude (fondateur/comparant)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
STONE ENGINEERING in French
Abbreviation
Stone Eng in French
Enterprise number
0801.388.165
Legal form
Private limited company
Status
Active, normale toestand
Founded
03-05-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-05-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne, transfert en tout autre endroit de la région de langue française de Belgique ou de la région de Bruxelles-Capitale par…”
deed of 05-05-2023 (in French)Registered office and establishments
Registered office
Rue Léon Delhaize 18, 1342 Ottignies-Louvain-la-Neuve, Belgium
Establishment unit
Stone engineering, Rue Léon Delhaize 18, 1342 Ottignies-Louvain-la-Neuve since 03-05-2023 · unit number 2.345.228.88162100 Computer programming
Activities
NACEBEL 202570200
Business and other management consultancy main activity
62100
Computer programming
62900
Other information technology and computer services
71209
Other technical testing and analysis
74999
Other professional, scientific and technical activities
85592
Vocational training
86995
Nutrition and dietetics services
Codes under NACEBEL 2008
62090
Computer programming, consultancy and related activities
70220
Business consulting
71209
Other technical testing and analysis
85592
Vocational training
86909
Human health activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 05-05-2023 (in French)
“Les activités de conseil et la prestation de services aux particuliers en matière de gestion de l’habitat,de la consommation énergétique…”
10 activities
- Les activités de conseil et la prestation de services aux particuliers en matière de gestion de l’habitat,de la consommation énergétique ; la réalisation d’audits,et la certification PEB ;
- Les conseils,le coaching,l’organisation de formations,de stages en matière de consommation énergétique,en autoproduction etc. ;
- Les conseils,le coaching,l’organisation de formations,de stages en matière de bien-être personnel,entre autres par la gestion de son habitat,de sa santé en général,par tous types de soins physiques ou énergétiques,par la géobiologie etc. ;
- L’achat,la vente,en gros ou au détail de tout type de bien,produit,matériel en lien direct ou indirect avec l’objet de la société ;
- Le conseil et la prestation de services aux entreprises en toute matière,et particulièrement notamment dans les matières techniques telles que l’informatique,l’électronique ou la mécanique ;
- Les activités de recherche et de développement scientifique ;
- La conception,la fabrication et la vente de matériel informatique,électronique et mécanique en général ;
- Le conseil et la prestation de services en informatique au sens large,comprenant notamment la conception de programmes,logiciels et applications,la gestion de brevets et la concession de licences,la gestion de réseaux,l’hébergement web et la création de sites,y compris les services d’infographie liés ;
- Les activités d'entrepreneur général dans le bâtiment (menuiserie,carrelage,plomberie,isolation),ainsi que la formation,le coaching,et le suivi de chantier ;
- Toutes opérations immobilières en Belgique et à l’étranger et notamment l'achat,la vente,la construction,la transformation,la rénovation,l'aménagement,la location,la sous-location,l'exploitation directe ou en régie,l'échange,et en général,toutes opérations se rattachant directement ou indirectement à la gestion,à la conservation et à la mise en valeur de toutes propriétés immobilières bâties ou non bâties.
Invoicing and payment
VAT number
BE 0801.388.165
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“ARTICLE 14 ASSEMBLÉES GÉNÉRALES § 1. L'assemblée générale annuelle se réunit chaque année le dernier jeudi du mois de juin, à dixhuit…”
deed of 05-05-2023 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
1,429 m²
Building footprint
151 m²
Building volume
961 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25056B0199/00F000 | Wallonia | 1,429 m² | 1 · 151 m² | 9.4 m · 2 |