Stone Factory
Open bankruptcyA bankruptcy procedure is open for Stone Factory according to publications in the Belgian State Gazette; curator: Geert SOETAERT. The file additionally contains 1 interim measure. The 2022 annual accounts show equity of €17k and a net result of €7k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 06-10-2023, 67 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 · 1 filingDeviation from the deadline
2022
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€17k
Total assets
€57k
Net result
€7k
Working capital
€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €57k
Equity
€17k
Debt
€40k
Debt finances 70.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€11k
Cash flow
€9k
Solvency
29.7%
Current ratio
1.42
Quick ratio
0.68
Debt / equity
2.37
ROE
40.5%
ROA
12.0%
Interest coverage
24.03
Debt
€40k
Debt ≤ 1 year
€40k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2022
Balance sheet
Code2022
Assets
Total assets20/58€57k
Current assets29/58€57k
Stocks and contracts in progress3€29k
Stocks30/36€29k
Amounts receivable within one year40/41€18k
Trade receivables40€17k
Other amounts receivable41€578
Cash at bank and in hand54/58€4k
Deferred charges and accrued income490/1€5k
Equity and liabilities
Total equity and liabilities10/49€57k
Equity10/15€17k
Contributions10/11€10k
Reserves13€7k
Distributable reserves133€7k
Amounts payable17/49€40k
Amounts payable within one year42/48€40k
Trade debts44€34k
Suppliers440/4€34k
Taxes, remuneration and social security45€5k
Taxes450/3€5k
Other amounts payable47/48€1k
Income statement
Code2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€194
Gross operating margin9900€11k
Operating profit (loss)9901€9k
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€457
Recurring financial charges65€457
Profit (loss) for the period before taxes9903€9k
Income taxes67/77€2k
Profit (loss) for the period9904€7k
Profit (loss) for the period to be appropriated9905€7k
Appropriation of the result
Profit (loss) to be appropriated9906€7k
Transfer to equity691/2€7k
To other reserves6921€7k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · STONE FACTORY BV ADRES DOORGEHAALD SINDS 25 JULI 2025 MEENSESTEENWEG 168, 8501 KORTRIJK · event 05-05-2026
12-03
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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, Kortrijk · 1 establishment unit since 2022
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.
Meensesteenweg(Bis) 1688501 KortrijkGround area
2,411 m²
Building footprint
1,178 m²
Volume, LiDAR
6,365 m³
Parcel 34007A0348/00D014, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stone Factory
since 20222.331.537.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34007A0348/00D014 | Flanders | 2,411 m² | 1 · 1,178 m² | 9.7 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Geert SOETAERT Groeningestraat 33, 8500 KORTRIJK- |
05-05-2026 → present |
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Of 1,137 companies in sector 46130 we hold annual accounts for 646. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
46130Agents in the wholesale of timber and building materials
46831Wholesale of construction materials, general range
46835Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47523Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.