Stone Express
ActiveStone Express has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176k and a net result of €11k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
87
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+3
Solvency81▲+21
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.1 in 2024), but 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
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
47%
Return on assets
2.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
on the day
2023
30 d late
2022
31 d late
2021
2 d early
2020
30 d late
2019
31 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k▲ 16.6%
2024 · €9k
2018: €26k
2019: €65k
2020: €30k
2021: €47k
2022: €-23k
2023: €6k
2024: €9k
2018 → 2025
Working capital
€68k▲ 242%
2024 · €20k
2018: €16k
2019: €91k
2020: €95k
2021: €116k
2022: €39k
2023: €13k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€150k▼ 13.1%€156k▲ 4.1%€165k▲ 6.0%€176k▲ 6.6%
Operating result€59k-€-15k€15k€30k▲ 102%€20k▼ 31.5%
Net result€47k-€-23k€6k€9k▲ 54.9%€11k▲ 16.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €375k
Fixed assets
€172k▼ 24.7%
Current assets
€202k▼ 6.3%
Equity and liabilities €375k
Equity
€176k▲ 6.6%
Debt
€198k▼ 29.0%
The debt ratio falls from 62.8% to 53.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€82k▼
2024 · €94k
Cash flow
€72k▼
2024 · €73k
Solvency
47.0%▲
2024 · 37.2%
Current ratio
1.51▲
2024 · 1.10
Quick ratio
1.51▲
2024 · 1.10
Debt / equity
1.13▼
2024 · 1.69
ROE
6.2%▲
2024 · 5.7%
ROA
2.9%▲
2024 · 2.1%
Interest coverage
8.53▲
2024 · 4.54
Debt
€198k▼
2024 · €280k
Debt ≤ 1 year
€134k▼
2024 · €196k
Debt > 1 year
€57k▼
2024 · €80k
Staff costs
€108k▲
2024 · €105k
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€445k€375k▼
Fixed assets21/28€229k€172k▼
Tangible fixed assets22/27€228k€171k▼
Land and buildings22€65k€60k▼
Plant, machinery and equipment23€16k€14k▼
Furniture and vehicles24€147k€98k▼
Financial fixed assets28€750€750=
Current assets29/58€216k€202k▼
Amounts receivable after more than one year29€19k€19k=
Other amounts receivable291€19k€19k=
Amounts receivable within one year40/41€179k€169k▼
Trade receivables40€155k€147k▼
Other amounts receivable41€24k€23k▼
Cash at bank and in hand54/58€17k€12k▼
Deferred charges and accrued income490/1€946€2k▲
Equity and liabilities
Total equity and liabilities10/49€445k€375k▼
Equity10/15€165k€176k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€143k€154k▲
Amounts payable17/49€280k€198k▼
Amounts payable after more than one year17€80k€57k▼
Financial debts170/4€80k€57k▼
Amounts payable within one year42/48€196k€134k▼
Current portion of amounts payable after more than one year42€41k€24k▼
Financial debts43€76k€48k▼
Credit institutions430/8€76k€48k▼
Trade debts44€33k€13k▼
Suppliers440/4€33k€13k▼
Taxes, remuneration and social security45€34k€34k▲
Taxes450/3€33k€31k▼
Remuneration and social security454/9€865€3k▲
Other amounts payable47/48€13k€15k▲
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€105k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€61k▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€205k€196k▼
Operating profit (loss)9901€30k€20k▼
Financial income75/76B€221€139▼
Recurring financial income75€221€139▼
Financial charges65/66B€21k€10k▼
Recurring financial charges65€21k€10k▼
Profit (loss) for the period before taxes9903€9k€11k▲
Profit (loss) for the period9904€9k€11k▲
Profit (loss) for the period to be appropriated9905€9k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€143k€154k▲
Profit (loss) brought forward from the previous period14P€134k€143k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (8 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 30 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Equity above €150kEq €156k ▲4.1%
Equity rises from €150k to €156k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-23k ▼148%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €172k ▲37.8%
4 profitable years in a row build equity to €172k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100kEq €125k ▲31.5%
3 profitable years in a row build equity to €125k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €65k ▲151%
Operating result €86k, net result €65k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Quintelier Peter Lucien Ivonne
CurrentDirector · since 20-12-2023
Van Durme Peter Roger
CurrentDirector · since 20-12-2023
20-12-2023
Quintelier Peter Lucien Ivonne: Appointed as Director
20-12-2023
Van Durme Peter Roger: Appointed as Director
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2008
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.
Moortelstraat 249160 LokerenGround area
2,929 m²
Building footprint
1,072 m²
Parcel 46382B1439/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
STONE EXPRESS
since 20082.170.216.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1439/00P000 | Flanders | 2,929 m² | 1 · 1,072 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
G.T. SERVICES
BE 0471.936.771
Destelbergen · Eq €176k
DB TRUCKING
BE 0439.205.607
Blankenberge · Eq €176k
Stone Trans
BE 1006.311.454
Mol · Eq €176k
Revatrans
BE 0466.305.823
Boortmeerbeek · Eq €176k
MO TRANS
BE 0757.881.388
Gistel · Eq €177k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,086. 6,190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2008
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.