STONEXPERT
BankruptcySummary
The KBO register records for STONEXPERT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €10k and a net result of €-82k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 01-07-2021, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€10k▼ 89.4%
2019 · €92k
2018: €68k
2019: €92k▲ +34.2% vs 2018highest in 3 years
2020: €10k▼ -89.4% vs 2019lowest in 3 years
2018 → 2020
Total assets
€234k▼ 28.6%
2019 · €328k
2018: €287k
2019: €328k▲ +14.1% vs 2018highest in 3 years
2020: €234k▼ -28.6% vs 2019lowest in 3 years
2018 → 2020
Net result
€-82k
2019 · €23k
2018: €42khighest in 3 years
2019: €23k▼ -44.8% vs 2018
2020: €-82k▼ -451% vs 2019lowest in 3 years
2018 → 2020
Working capital
€10k▼ 86.5%
2019 · €76k
2018: €108khighest in 3 years
2019: €76k▼ -29.7% vs 2018
2020: €10k▼ -86.5% vs 2019lowest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€68k-€92k▲ 34.2%€10k▼ 89.4%
2018: €68k
2019: €92k▲ +34.2% vs 2018highest in 3 years
2020: €10k▼ -89.4% vs 2019lowest in 3 years
Operating result€59k-€40k▼ 32.6%€-83k
2018: €59khighest in 3 years
2019: €40k▼ -32.6% vs 2018
2020: €-83k▼ -307% vs 2019lowest in 3 years
Net result€42k-€23k▼ 44.8%€-82k
2018: €42khighest in 3 years
2019: €23k▼ -44.8% vs 2018
2020: €-82k▼ -451% vs 2019lowest in 3 years
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 2020: a loss of €83k after €40k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €234k
Fixed assets
€684 ▼ 95.8%
Current assets
€234k ▼ 25.1%
Equity and liabilities €234k
Equity
€10k ▼ 89.4%
Debt
€225k ▼ 5.0%
Debt's share of the balance-sheet total rises from 72.0% to 95.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-82k▼
2019 · €46k
Cash flow
€-82k▼
2019 · €29k
Current ratio
1.05▼
2019 · 1.32
ROE
-840.9%▼
2019 · 25.5%
ROA
-35.0%▼
2019 · 7.1%
Debt ≤ 1 year
€223k▼
2019 · €236k
Income taxes
€352▼
2019 · €16k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€328k€234k▼
Fixed assets21/28€16k€684▼
Tangible fixed assets22/27€16k€422▼
Financial fixed assets28€263€263=
Current assets29/58€312k€234k▼
Stocks and contracts in progress3€17k-
Amounts receivable within one year40/41€291k€231k▼
Equity and liabilities
Total equity and liabilities10/49€328k€234k▼
Equity10/15€92k€10k▼
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€71k€-11k▼
Amounts payable17/49€236k€225k▼
Amounts payable within one year42/48€236k€223k▼
Trade debts44€153k€157k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€176▼
Gross operating margin9900€47k€-79k▼
Operating profit (loss)9901€40k€-83k▼
Recurring financial income75€7k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€39k€-82k▼
Income taxes67/77€16k€352▼
Profit (loss) for the period9904€23k€-82k▼
Profit (loss) for the period to be appropriated9905€23k€-82k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €176 | ▼ 96.9% |
| Gross operating margin9900 | €64k | €47k | €-79k | ▼ 269% |
| Operating profit (loss)9901 | €59k | €40k | €-83k | ▼ 307% |
| Recurring financial income75 | €5k | €7k | €5k | ▼ 17.2% |
| Recurring financial charges65 | €8k | €8k | €5k | ▼ 39.2% |
| Profit (loss) for the period before taxes9903 | €56k | €39k | €-82k | ▼ 310% |
| Income taxes67/77 | €14k | €16k | €352 | ▼ 97.7% |
| Profit (loss) for the period9904 | €42k | €23k | €-82k | ▼ 451% |
| Profit (loss) for the period to be appropriated9905 | €42k | €23k | €-82k | ▼ 451% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €287k | €328k | €234k | ▼ 28.6% |
| Fixed assets21/28 | €11k | €16k | €684 | ▼ 95.8% |
| Tangible fixed assets22/27 | €11k | €16k | €422 | ▼ 97.3% |
| Financial fixed assets28 | €263 | €263 | €263 | = |
| Current assets29/58 | €277k | €312k | €234k | ▼ 25.1% |
| Stocks and contracts in progress3 | €49k | €17k | - | - |
| Amounts receivable within one year40/41 | €222k | €291k | €231k | ▼ 20.7% |
| Cash at bank and in hand54/58 | €2k | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €287k | €328k | €234k | ▼ 28.6% |
| Equity10/15 | €68k | €92k | €10k | ▼ 89.4% |
| Contributions10/11 | €19k | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €48k | €71k | €-11k | ▼ 115% |
| Amounts payable17/49 | €219k | €236k | €225k | ▼ 5.0% |
| Amounts payable after more than one year17 | €50k | - | - | - |
| Amounts payable within one year42/48 | €169k | €236k | €223k | ▼ 5.4% |
| Trade debts44 | €91k | €153k | €157k | ▲ 2.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €23k | €-82k | ▼ 451% |
| + Depreciation and write-downs630 | €4k | €6k | €176 | ▼ 96.9% |
| Operating cash flow (approximation) | €46k | €29k | €-82k | ▼ 381% |
| Investment in fixed assets (approximation) | - | €-11k | €15k | ▲ 238% |
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
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-82k
Net result drops to €-82k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
03-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
27-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
16-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Kuurne · 1 establishment unit since 2007
Ground area
583 m²
Building footprint
154 m²
Volume, LiDAR
634 m³
Parcel 34023C0071/00N002, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Oudstrijderslaan 17, 8520 Kuurne
since 20072.166.448.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023C0071/00N002 | Flanders | 583 m² | 1 · 154 m² | 5.6 m · 1 fl. |
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 3,961 companies in sector 43331 we hold annual accounts for 1,788. 1,071 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 (pre-2019)
Founded24-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.