STONE PARTNER
ActiveSummary
STONE PARTNER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €7k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 61% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77=
Solvency81▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.82 in 2024; short-term debt: 17.6% and cash: 18.2% of total assets), and 43.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
56.4%
Return on assets
6.3%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €61k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
27 d early
2023
9 d early
2022
20 d early
2021
12 d early
2020
44 d early
2019
54 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€61k▲ 12.5%
2024 · €54k
Total assets
€108k▼ 3.9%
2024 · €113k
Net result
€7k▼ 9.6%
2024 · €8k
Working capital
€13k▼ 25.8%
2024 · €17k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6k€3k▼ 55.7%€5k▲ 94.4%€14k▲ 186%€13k▼ 6.9%
Net result€700€-2k€616€8k▲ 1,119%€7k▼ 9.6%
Equity€48k▲ 1.5%€46k▼ 3.3%€47k▲ 1.3%€54k▲ 16.1%€61k▲ 12.5%
Total assets€131k▼ 4.7%€118k▼ 9.6%€111k▼ 6.5%€113k▲ 1.7%€108k▼ 3.9%
Debt€83k▼ 8.0%€72k▼ 13.1%€64k▼ 11.6%€58k▼ 8.9%€47k▼ 19.1%
Working capital€22k▼ 19.2%€17k▼ 24.9%€14k▼ 18.5%€17k▲ 27.0%€13k▼ 25.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108k
Fixed assets
€76k ▲ 2.8%
Current assets
€32k ▼ 16.8%
Equity and liabilities €108k
Equity
€61k ▲ 12.5%
Debt
€47k ▼ 19.1%
Debt's share of the balance-sheet total falls from 51.8% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €19k
Cash flow
€12k▼
2024 · €13k
Current ratio
1.67▼
2024 · 1.82
Debt to equity
0.77▼
2024 · 1.07
ROE
11.1%▼
2024 · 13.8%
ROA
6.3%▼
2024 · 6.7%
Interest coverage
7.32▼
2024 · 7.73
Debt ≤ 1 year
€19k▼
2024 · €21k
Debt > 1 year
€28k▼
2024 · €37k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €5k | €5k | ▲ 1.7% |
| Other operating charges640/8 | €3k | €1k | €2k | €1k | €1k | ▼ 27.4% |
| Gross operating margin9900 | €14k | €9k | €12k | €21k | €20k | ▼ 6.3% |
| Operating profit (loss)9901 | €6k | €3k | €5k | €14k | €13k | ▼ 6.9% |
| Financial income75/76B | €0 | - | €2 | €14 | €56 | ▲ 291% |
| Recurring financial income75 | €0 | - | €2 | €14 | €56 | ▲ 291% |
| Financial charges65/66B | €3k | €3k | €3k | €3k | €3k | ▲ 0.6% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €3k | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €3k | €-203 | €2k | €12k | €11k | ▼ 8.2% |
| Income taxes67/77 | €2k | €1k | €2k | €4k | €4k | ▼ 5.7% |
| Profit (loss) for the period9904 | €700 | €-2k | €616 | €8k | €7k | ▼ 9.6% |
| Profit (loss) for the period to be appropriated9905 | €700 | €-2k | €616 | €8k | €7k | ▼ 9.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131k | €118k | €111k | €113k | €108k | ▼ 3.9% |
| Fixed assets21/28 | €90k | €85k | €79k | €74k | €76k | ▲ 2.8% |
| Tangible fixed assets22/27 | €90k | €85k | €79k | €74k | €76k | ▲ 2.8% |
| Land and buildings22 | €89k | €84k | €79k | €74k | €70k | ▼ 6.3% |
| Furniture and vehicles24 | €2k | €934 | €360 | - | €7k | - |
| Current assets29/58 | €41k | €34k | €31k | €38k | €32k | ▼ 16.8% |
| Amounts receivable within one year40/41 | €6k | €6k | €8k | €7k | €7k | = |
| Trade receivables40 | €5k | €5k | €7k | €7k | €7k | = |
| Other amounts receivable41 | €738 | €760 | €551 | - | - | - |
| Cash at bank and in hand54/58 | €22k | €17k | €16k | €25k | €20k | ▼ 20.8% |
| Deferred charges and accrued income490/1 | €13k | €11k | €8k | €6k | €5k | ▼ 20.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131k | €118k | €111k | €113k | €108k | ▼ 3.9% |
| Equity10/15 | €48k | €46k | €47k | €54k | €61k | ▲ 12.5% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €32k | €32k | €33k | €41k | €47k | ▲ 16.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €30k | €30k | €31k | €39k | €45k | ▲ 17.6% |
| Profit (loss) carried forward14 | €-5k | €-6k | €-6k | €-6k | €-6k | = |
| Amounts payable17/49 | €83k | €72k | €64k | €58k | €47k | ▼ 19.1% |
| Amounts payable after more than one year17 | €64k | €55k | €46k | €37k | €28k | ▼ 24.5% |
| Financial debts170/4 | €64k | €55k | €46k | €37k | €28k | ▼ 24.5% |
| Amounts payable within one year42/48 | €19k | €17k | €18k | €21k | €19k | ▼ 9.5% |
| Current portion of amounts payable after more than one year42 | €9k | €9k | €9k | €9k | €9k | = |
| Trade debts44 | €2k | €817 | €917 | €493 | €572 | ▲ 16.0% |
| Suppliers440/4 | €2k | €817 | €917 | €493 | €572 | ▲ 16.0% |
| Taxes, remuneration and social security45 | €2k | €2k | €2k | €5k | €3k | ▼ 35.9% |
| Taxes450/3 | €2k | €2k | €2k | €5k | €3k | ▼ 35.9% |
| Other amounts payable47/48 | €6k | €5k | €6k | €6k | €6k | ▼ 3.8% |
| Accrued charges and deferred income492/3 | €781 | €573 | €573 | €616 | €449 | ▼ 27.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €700 | €-2k | €616 | €8k | €7k | ▼ 9.6% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €5k | €5k | ▲ 1.7% |
| Operating cash flow (approximation) | €6k | €4k | €6k | €13k | €12k | ▼ 5.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-7k | - |
| Change in cash | - | €-5k | €-1k | €9k | €-5k | ▼ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €8k ▲1,119%
Operating result €14k, net result €8k, both a record.
21-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €616
Net result €616 after one loss-making year.
10-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €700
Net result €700 after one loss-making year.
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
07-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-03
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Dentergem · 1 establishment unit since 2003
Ground area
350 m²
Building footprint
110 m²
Parcel 37016B0990/00V002, Flanders. Linked by address, not a title deed.
1 establishment unit
STONE PARTNER
since 20032.132.678.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37016B0990/00V002 | Flanders | 350 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,397. 682 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2003
Fiscal year end30-09
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
Scores and ratios are computed by Checked and are not a credit decision.