STONE HILL STABLES
Open bankruptcyA bankruptcy procedure is open for STONE HILL STABLES according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-18k) and a net result of €-20k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-18k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
58 d late
2022
5 d early
2021
12 d late
2020
1 d early
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-18k
2023 · €2k
2019: €7k
2020: €1k
2021: €798
2022: €809
2023: €2k
2019 → 2024
Total assets
€60k▼ 21.8%
2023 · €77k
2019: €25k
2020: €36k
2021: €40k
2022: €45k
2023: €77k
2019 → 2024
Net result
€-20k
2023 · €1k
2019: €1k
2020: €-6k
2021: €-695
2022: €11
2023: €1k
2019 → 2024
Working capital
€-31k▼ 111%
2023 · €-14k
2019: €-16k
2020: €-19k
2021: €-21k
2022: €-17k
2023: €-14k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€798▼ 46.5%€809▲ 1.3%€2k▲ 165%€-18k
Operating result€-6k-€1k€3k▲ 173%€5k▲ 51.2%€-13k
Net result€-6k-€-695▲ 88.3%€11€1k▲ 12,486%€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€14k▼ 16.4%
Current assets
€46k▼ 23.4%
Key figures and ratios
EBITDA
€-10k▼
2023 · €10k
Cash flow
€-17k▼
2023 · €6k
Solvency
-30.1%▼
2023 · 2.8%
Current ratio
0.60▼
2023 · 0.81
Quick ratio
0.60▼
2023 · 0.81
Debt / equity
-4.32▼
2023 · 34.81
ROA
-33.7%▼
2023 · 1.7%
Interest coverage
-0.99▼
2023 · 3.16
Debt
€78k▲
2023 · €75k
Debt ≤ 1 year
€76k▲
2023 · €74k
Income taxes
€0▼
2023 · €3k
Staff costs
€26k▲
2023 · €25k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€77k€60k▼
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€12k€10k▼
Plant, machinery and equipment23€8k€6k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€4k€4k=
Current assets29/58€60k€46k▼
Amounts receivable within one year40/41€60k€42k▼
Trade receivables40€930€0▼
Other amounts receivable41€59k€42k▼
Cash at bank and in hand54/58€144€4k▲
Equity and liabilities
Total equity and liabilities10/49€77k€60k▼
Equity10/15€2k€-18k▼
Contributions10/11€6k€6k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€-4k€-24k▼
Amounts payable17/49€75k€78k▲
Amounts payable within one year42/48€74k€76k▲
Trade debts44€40k€29k▼
Suppliers440/4€40k€29k▼
Taxes, remuneration and social security45€34k€48k▲
Taxes450/3€31k€36k▲
Remuneration and social security454/9€3k€12k▲
Accrued charges and deferred income492/3€268€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€25k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€8k€11k▲
Gross operating margin9900€43k€26k▼
Operating profit (loss)9901€5k€-13k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€3k€11k▲
Recurring financial charges65€3k€11k▲
Profit (loss) for the period before taxes9903€4k€-20k▼
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€1k€-20k▼
Profit (loss) for the period to be appropriated9905€1k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-24k▼
Profit (loss) brought forward from the previous period14P€-7k€-4k▲
Transfer from equity791/2€1k€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · STONE HILL STABLES BV ST.-ANTONIUSSTRAAT 1A, 3720 HASSELT · event 16-04-2026
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-20k ▼1616%
Net result drops to €-20k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Highest result since 2019net €1k ▲12486%
Operating result €5k, net result €1k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €11
Net result €11 after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2018
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.
St.-Antoniusstraat 1A3720 HasseltGround area
2,295 m²
Building footprint
35 m²
Volume, LiDAR
6 m³
Parcel 73040A0014/00K000, Flanders · tallest building 3.4 m. Linked by address, not a title deed.
1 establishment unit
STONE HILL STABLES
since 20182.281.357.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040A0014/00K000 | Flanders | 2,295 m² | 1 · 35 m² | 3.4 m |
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6,
3700 TONGEREN-BORGLOON |
16-04-2026 → present |
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- |
16-04-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.281.357.351
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,495. 233 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2018
Fiscal year end31-12
Activities, NACEBEL
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.