Stone Solutions
ActiveSummary
Stone Solutions has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €362k and a net result of €6k. Equity is growing by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 326 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-5
Solvency71▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 2.79 in 2023; short-term debt: 12.5% and cash: 12.4% of total assets), but 53.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
7 d early
2022
63 d late
2021
61 d late
2020
88 d late
2019
56 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€362k▲ 1.7%
2023 · €356k
2018: €57klowest in 7 years
2019: €64k▲ +11.5% vs 2018
2020: €90k▲ +42.1% vs 2019
2021: €163k▲ +80.5% vs 2020
2022: €313k▲ +91.3% vs 2021
2023: €356k▲ +13.8% vs 2022
2024: €362k▲ +1.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€782k▼ 13.7%
2023 · €906k
2018: €631klowest in 7 years
2019: €667k▲ +5.7% vs 2018
2020: €649k▼ -2.6% vs 2019
2021: €685k▲ +5.5% vs 2020
2022: €846k▲ +23.6% vs 2021
2023: €906k▲ +7.1% vs 2022highest in 7 years
2024: €782k▼ -13.7% vs 2023
2018 → 2024
Net result
€6k▼ 85.9%
2023 · €43k
2018: €18k
2019: €7k▼ -63.8% vs 2018
2020: €27k▲ +309% vs 2019
2021: €73k▲ +172% vs 2020
2022: €149k▲ +105% vs 2021highest in 7 years
2023: €43k▼ -71.1% vs 2022
2024: €6k▼ -85.9% vs 2023lowest in 7 years
2018 → 2024
Working capital
€167k▼ 47.7%
2023 · €319k
2018: €100k
2019: €96k▼ -3.9% vs 2018lowest in 7 years
2020: €141k▲ +46.6% vs 2019
2021: €272k▲ +92.7% vs 2020
2022: €364k▲ +34.2% vs 2021highest in 7 years
2023: €319k▼ -12.6% vs 2022
2024: €167k▼ -47.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€90k-€163k▲ 80.5%€313k▲ 91.3%€356k▲ 13.8%€362k▲ 1.7%
2020: €90klowest in 5 years
2021: €163k▲ +80.5% vs 2020
2022: €313k▲ +91.3% vs 2021
2023: €356k▲ +13.8% vs 2022
2024: €362k▲ +1.7% vs 2023highest in 5 years
Operating result€37k-€104k▲ 183%€208k▲ 101%€61k▼ 70.7%€32k▼ 47.4%
2020: €37k
2021: €104k▲ +183% vs 2020
2022: €208k▲ +101% vs 2021highest in 5 years
2023: €61k▼ -70.7% vs 2022
2024: €32k▼ -47.4% vs 2023lowest in 5 years
Net result€27k-€73k▲ 172%€149k▲ 105%€43k▼ 71.1%€6k▼ 85.9%
2020: €27k
2021: €73k▲ +172% vs 2020
2022: €149k▲ +105% vs 2021highest in 5 years
2023: €43k▼ -71.1% vs 2022
2024: €6k▼ -85.9% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 47% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €782k
Fixed assets
€518k ▲ 26.5%
Current assets
€264k ▼ 46.8%
Equity and liabilities €782k
Equity
€362k ▲ 1.7%
Provisions
€50k =
Debt
€370k ▼ 26.0%
Debt's share of the balance-sheet total falls from 55.2% to 47.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€119k▼
2023 · €132k
Cash flow
€93k▼
2023 · €115k
Current ratio
2.71▼
2023 · 2.79
Quick ratio
1.63▼
2023 · 2.09
Debt to equity
1.02▼
2023 · 1.41
ROE
1.7%▼
2023 · 12.1%
ROA
0.8%▼
2023 · 4.8%
Interest coverage
13.84▼
2023 · 17.21
Debt ≤ 1 year
€98k▼
2023 · €178k
Debt > 1 year
€272k▼
2023 · €322k
Income taxes
€19k▲
2023 · €10k
Staff costs
€196k▼
2023 · €287k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€906k€782k▼
Fixed assets21/28€409k€518k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€409k€517k▲
Land and buildings22€195k€343k▲
Plant, machinery and equipment23€50k€36k▼
Furniture and vehicles24€107k€94k▼
Leasing and similar rights25€56k€45k▼
Financial fixed assets28€135€135=
Current assets29/58€497k€264k▼
Stocks and contracts in progress3€124k€105k▼
Stocks30/36€124k€105k▼
Amounts receivable within one year40/41€62k€51k▼
Trade receivables40€38k€39k▲
Other amounts receivable41€24k€11k▼
Cash at bank and in hand54/58€300k€97k▼
Deferred charges and accrued income490/1€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€906k€782k▼
Equity10/15€356k€362k▲
Contributions10/11€13k€13k=
Reserves13€343k€349k▲
Distributable reserves133€343k€349k▲
Provisions and deferred taxes16€50k€50k=
Provisions for liabilities and charges160/5€50k€50k=
Major repairs and maintenance162€50k€50k=
Amounts payable17/49€500k€370k▼
Amounts payable after more than one year17€322k€272k▼
Financial debts170/4€191k€142k▼
Other amounts payable178/9€131k€130k▼
Amounts payable within one year42/48€178k€98k▼
Current portion of amounts payable after more than one year42€62k€49k▼
Trade debts44€48k€27k▼
Suppliers440/4€48k€27k▼
Taxes, remuneration and social security45€68k€21k▼
Taxes450/3€60k€15k▼
Remuneration and social security454/9€9k€6k▼
Income statement
Code20232024
Remuneration, social security and pensions62€287k€196k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€87k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€24k-
Other operating charges640/8€6k€6k▲
Non-recurring operating charges66A€9k-
Gross operating margin9900€459k€321k▼
Operating profit (loss)9901€61k€32k▼
Financial income75/76B€100€2k▲
Recurring financial income75€100€2k▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€53k€25k▼
Income taxes67/77€10k€19k▲
Profit (loss) for the period9904€43k€6k▼
Profit (loss) for the period to be appropriated9905€43k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€6k▼
Transfer to equity691/2€43k€6k▼
To other reserves6921€43k€6k▼
Social balance
Average headcount (FTE)90874.63.6▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €209k | €210k | €287k | €196k | ▼ 31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81k | €83k | €60k | €71k | €87k | ▲ 21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €24k | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €50k | - | - | - | - |
| Other operating charges640/8 | - | €6k | €6k | €6k | €6k | ▲ 2.1% |
| Non-recurring operating charges66A | - | - | - | €9k | - | - |
| Gross operating margin9900 | €316k | €451k | €483k | €459k | €321k | ▼ 30.1% |
| Operating profit (loss)9901 | €37k | €104k | €208k | €61k | €32k | ▼ 47.4% |
| Financial income75/76B | - | €0 | €5 | €100 | €2k | ▲ 1,876% |
| Recurring financial income75 | €85 | €0 | €5 | €100 | €2k | ▲ 1,876% |
| Financial charges65/66B | - | €10k | €9k | €8k | €9k | ▲ 11.7% |
| Recurring financial charges65 | €11k | €10k | €9k | €8k | €9k | ▲ 11.7% |
| Profit (loss) for the period before taxes9903 | €31k | €94k | €199k | €53k | €25k | ▼ 52.3% |
| Income taxes67/77 | €4k | €21k | €49k | €10k | €19k | ▲ 89.9% |
| Profit (loss) for the period9904 | €27k | €73k | €149k | €43k | €6k | ▼ 85.9% |
| Profit (loss) for the period to be appropriated9905 | €27k | €73k | €149k | €43k | €6k | ▼ 85.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €649k | €685k | €846k | €906k | €782k | ▼ 13.7% |
| Fixed assets21/28 | €412k | €346k | €351k | €409k | €518k | ▲ 26.5% |
| Intangible fixed assets21 | €4k | €3k | €1k | €0 | - | - |
| Tangible fixed assets22/27 | €408k | €343k | €349k | €409k | €517k | ▲ 26.5% |
| Land and buildings22 | - | €209k | €226k | €195k | €343k | ▲ 75.6% |
| Plant, machinery and equipment23 | - | €54k | €51k | €50k | €36k | ▼ 29.0% |
| Furniture and vehicles24 | - | €1k | €4k | €107k | €94k | ▼ 12.6% |
| Leasing and similar rights25 | - | €79k | €68k | €56k | €45k | ▼ 20.0% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €237k | €338k | €496k | €497k | €264k | ▼ 46.8% |
| Stocks and contracts in progress3 | €82k | €98k | €110k | €124k | €105k | ▼ 14.6% |
| Stocks30/36 | - | €98k | €110k | €124k | €105k | ▼ 14.6% |
| Amounts receivable within one year40/41 | €73k | €124k | €174k | €62k | €51k | ▼ 18.2% |
| Trade receivables40 | - | €117k | €169k | €38k | €39k | ▲ 2.0% |
| Other amounts receivable41 | - | €7k | €5k | €24k | €11k | ▼ 51.2% |
| Cash at bank and in hand54/58 | €75k | €111k | €201k | €300k | €97k | ▼ 67.7% |
| Deferred charges and accrued income490/1 | - | €7k | €11k | €12k | €11k | ▼ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €649k | €685k | €846k | €906k | €782k | ▼ 13.7% |
| Equity10/15 | €90k | €163k | €313k | €356k | €362k | ▲ 1.7% |
| Contributions10/11 | - | €13k | €13k | €13k | €13k | = |
| Reserves13 | €78k | €151k | €300k | €343k | €349k | ▲ 1.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €149k | €298k | €343k | €349k | ▲ 1.8% |
| Provisions and deferred taxes16 | - | €50k | €50k | €50k | €50k | = |
| Provisions for liabilities and charges160/5 | - | €50k | €50k | €50k | €50k | = |
| Major repairs and maintenance162 | - | €50k | €50k | €50k | €50k | = |
| Amounts payable17/49 | €559k | €471k | €484k | €500k | €370k | ▼ 26.0% |
| Amounts payable after more than one year17 | €453k | €397k | €350k | €322k | €272k | ▼ 15.4% |
| Financial debts170/4 | - | €263k | €217k | €191k | €142k | ▼ 25.7% |
| Other amounts payable178/9 | - | €134k | €132k | €131k | €130k | ▼ 0.3% |
| Amounts payable within one year42/48 | €96k | €67k | €131k | €178k | €98k | ▼ 45.3% |
| Current portion of amounts payable after more than one year42 | - | €44k | €46k | €62k | €49k | ▼ 21.1% |
| Trade debts44 | €38k | €218 | €19k | €48k | €27k | ▼ 43.3% |
| Suppliers440/4 | - | €218 | €19k | €48k | €27k | ▼ 43.3% |
| Taxes, remuneration and social security45 | - | €22k | €66k | €68k | €21k | ▼ 68.8% |
| Taxes450/3 | - | €15k | €60k | €60k | €15k | ▼ 75.1% |
| Remuneration and social security454/9 | - | €7k | €6k | €9k | €6k | ▼ 25.6% |
| Accrued charges and deferred income492/3 | - | €8k | €3k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €73k | €149k | €43k | €6k | ▼ 85.9% |
| + Depreciation and write-downs630 | €81k | €83k | €60k | €71k | €87k | ▲ 21.6% |
| Operating cash flow (approximation) | €108k | €156k | €209k | €115k | €93k | ▼ 18.9% |
| Investment in fixed assets (approximation) | - | €-17k | €-64k | €-130k | €-195k | ▼ 50.7% |
| Change in cash | - | €36k | €90k | €99k | €-203k | ▼ 305% |
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
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €6k ▼85.9%
Net result drops to €6k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 63 days late
2022
31-12
Financial
Highest result since 2018net €149k ▲105%
Operating result €208k, net result €149k, both a record.
31-12
Financial
Equity above €200kEq €313k ▲91.3%
5 profitable years in a row build equity to €313k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 5.07
Current ratio from 2.47 to 5.07; short-term debt falls from €96k to €67k.
31-12
Financial
Equity above €150kEq €163k ▲80.5%
4 profitable years in a row build equity to €163k.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Zonhoven · 1 establishment unit since 2008
Ground area
2,780 m²
Building footprint
1,503 m²
Parcel 71442D0130/00T038, Flanders. Linked by address, not a title deed.
1 establishment unit
STONE SOLUTIONS BVBA
since 20082.173.801.474
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442D0130/00T038 | Flanders | 2,780 m² | 1 · 1,503 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.
Similar companies · same sector, comparable size
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BE 0440.362.182
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ERVEN LOUIS RAMON
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BELGIAN STONE DESIGN
BE 0753.697.720
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STIG LAUWAERT
BE 0641.918.977
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Of 738 companies in sector 23700 we hold annual accounts for 490. 412 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
Founded29-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.