Checked.be · Company dossierhttps://checked.be/en/c/white-stone-development-0700538453 · as of 13-11-2026
WHITE STONE DEVELOPMENT
ActivePrivate limited company · founded 2018 · active for 8 yearsIlya Prigoginelaan 1, 1180 UccleKBO/BCE: BE 0700.538.453subsidiary of Name after signing inVisible after signing in
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Lower solvency than 94% of companies in real estate. Sector median 35.2% · 470 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,167 companies had the same profile as WHITE STONE DEVELOPMENT has now. Each dot stands for 3 companies, two years later.
94.9%
were still trading
2.8%
stopped another way
2.0%
went bankrupt
Small
5 to 10 years old
negative equity
a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,167 companies, not a prediction for WHITE STONE DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0700538453
Reappointment: Name hiddenVisible after signing in (statutory auditor)
General meeting of 18-09-2025 · Gazette deed
1 director appointed, 1 resignation
Permanent representative: Hidden nameVisible after signing in · Resignation: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in · General meeting of 15-02-2023 · Gazette deed
Reappointment: Hidden nameVisible after signing in (statutory auditor)
General meeting of 15-09-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as WHITE STONE DEVELOPMENT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €275,000 and €1.2m, founded between 2016 and 2021.
abbreviated format, filed on 14-10-2026, 17 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2026
2025
2024
2023
2022
2021
2020
2019
-8,466
-6,397
-8,618
-8,952
-32,421
75,802
-55,862
-
-207,248
639,939
609,108
578,101
548,609
529,071
478,615
232,374
-30.8%
-31.2%
-31.8%
-32.4%
-32.7%
-32.7%
-35.0%
-34.2%
0.76
-
-
-
-
-
-
2.05
0.03
10.48
14.86
14.39
15.44
22.86
17.54
0.58
-1.0%
-1.0%
-1.0%
-1.3%
-1.1%
-1.0%
-2.8%
-50.7%
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on WHITE STONE DEVELOPMENT
The operating result for 2026 is a loss of €6,276, larger than the loss of €5,805 in 2025. It is the lowest result since 2023.
Equity is negative. Debt (€880,143) exceeds the balance-sheet total (€672,895).
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
3 directors, 1 auditor, no change since April 2026
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of September at 18:00
Shareholders
Shareholders
The owners of WHITE STONE DEVELOPMENT are in the annual accounts the companies file themselves. The chain of control runs up to the highest known parent.
WHITE STONE DEVELOPMENT is linked to other companies through directors or shares. Look especially for linked companies in trouble.
17 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Hidden nameVisible after signing in
via Name after signing inVisible after signing in · Director · deed of 19-06-2026
Founded in 1991 · total assets €14.2m (2026) · negative equity
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 20-12-2021
Founded in 2021 · total assets €8.7m (2026) · negative equity
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · Director · deed of 24-02-2020
Founded in 2020 · total assets €8.1m (2026) · negative equity
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · Director · deed of 26-04-2022
Founded in 2022 · total assets €6.3m (2026) · negative equity
Show 13 more companies with a shared director
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 17-01-2022
Founded in 2022 · total assets €2.4m (2026) · negative equity
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 16-08-2018
Founded in 2018 · total assets €47,812 (2026) · negative equity
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 16-11-2018
Founded in 2018 · total assets €6.0m (2026)
Name hiddenVisible after signing in
via Hidden nameVisible after signing in · Manager · deed of 08-10-2015
Founded in 2015 · total assets €810,557 (2025)
Name after signing inVisible after signing in
via Name hiddenVisible after signing in and Hidden nameVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 22-04-2016
Founded in 2016 · 0.3 FTE (2025)
Name after signing inVisible after signing in
via Name hiddenVisible after signing in and Hidden nameVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 03-11-2016
Founded in 2016 · total assets €362,444 (2025)
Name after signing inVisible after signing in
via Name hiddenVisible after signing in · Director · deed of 30-03-2021
Founded in 2021 · total assets €106,630 (2025)
Hidden nameVisible after signing in
via Name after signing inVisible after signing in · Manager (not named in the articles) · deed of 08-10-2015
Founded in 2015 · total assets €29,429 (2026)
Name hiddenVisible after signing in
via Hidden nameVisible after signing in · Managing director · deed of 11-07-2025
Founded in 2025
Name after signing inVisible after signing in
via Name hiddenVisible after signing in · deed of 18-12-2025
Founded in 2025
Hidden nameVisible after signing in
via Name after signing inVisible after signing in and Name hiddenVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 30-04-2019
No longer active · total assets €151,975 (2024)
Hidden nameVisible after signing in
via Name after signing inVisible after signing in and Name hiddenVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 30-11-2015
No longer active · total assets €112,835 (2023)
Hidden nameVisible after signing in
via Name after signing inVisible after signing in and Name hiddenVisible after signing in (at WHITE STONE DEVELOPMENT until 2023) · deed of 22-04-2016
No longer active · total assets €26,864 (2023)
Timeline
Timeline
17 events since 2018
Board
Filings
Financial
Establishments
Address
20182020202220242026
Deadline for the 2027 accounts:
31-10-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0700538453
Annual accounts 2026 filedNBB ↗abbreviated format · 17 days before the deadline
Reappointment: Name after signing inVisible after signing in (statutory auditor)General meeting of 18-09-20253 points ▸
General meeting, 18-09-2025
Auditor reappointment, Name hiddenVisible after signing in
Annual accounts 2025 filedPDFfull format · 25 days before the deadline
2024
Annual accounts 2024 filedPDFfull format · 16 days before the deadline
2023
Annual accounts 2023 filedPDFfull format · 34 days before the deadline
1 director appointed, 1 resignationPermanent representative: Hidden nameVisible after signing in · Resignation: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in · General meeting of 15-02-20236 points ▸
IncorporationFounding capital of €75,000, 75 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · published on 02-08-20188 points ▸
Founder, Name after signing inVisible after signing in
Founder, Name hiddenVisible after signing in
Founding capital, €75,000
Capital, €75,000, 75 shares
Director appointment, Hidden nameVisible after signing in (manager)
Director appointment, Name after signing inVisible after signing in (manager)
Director appointment, Name hiddenVisible after signing in (manager)
Permanent representative, Hidden nameVisible after signing in (manager and permanent representative)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
WHITE STONE DEVELOPMENT was incorporated on 31 July 2018 by Name hiddenVisible after signing in and one natural person, with a starting capital of €75,000.12The registered office was moved to Uccle in 2019.3The board currently has 3 members, 2 of whom have served since 2018.4Total assets rose from €454,586 in 2019 to €672,895 in 2026.5
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes transactions,promotions,intermédiations,investissements et plus généralement opérations,en rapport avec des biens ou droits…”
14 activities
Toutes transactions,promotions,intermédiations,investissements et plus généralement opérations,en rapport avec des biens ou droits immobiliers et notamment
La reconversion,l’aménagement,le réaménagement,la construction,la démolition,la dépollution,la transformation,la rénovation,l’équipement,la viabilisation,la division,l’urbanisation,la mise en valeur et la mutation sous quelque forme que ce soit(achat,vente,échange,… ),de tous biens(maisons,appartements,… )ou ensembles immobiliers(lotissement,… )
Les études gélogiques,les études de la nature et de l'ampleur de la pollution de terrains,l'achat de terrains,la réalisation de la dépllution,et l'aménagement de terrains destinés à être vendus en tut ou partie
La revente,la lcation,la sous-location,la concession d’exploitation,la cession en location et en sous-location,la mise à disposition,le tout avec ou sans option d'achat,ou l’inverse,d’immeubles
L'explitation et l'entretien d’immeubles(maisons,appartements,bureaux,magasins,terrains,terres et domaines,parkings,garages,… ),et de fonds de commerce
La gestion et la coordination de tous projets en rapport avec le logement,le commerce,les affaires sociales et les infrastructures ou opérations publiques,privées ou en partenariat
L'exécution de toutes prestations de fournitures de logements meublés au sens de l'article 18,§1er,alinéa 2,10° du Code de la taxe sur la valeur ajoutée
Le financement lié à ces opérations,en ce compris de leasing immobilier
La conception,l’invention,la fabrication,la construction ou l’assemblage,l'importation,l'exportation,l'achat et la vente,la distribution,l'entretien,la maintenance et l'exploitation,tant en nom propre qu'en qualité d'agent,de commissionnaire ou de courtier de tous biens mobiliers ou immobiliers accessoires aux immeubles par nature(équipements,sanitaires,éclairages,installations et dispositifs de production,d’accumulation ou de récupération d’énergie,fossile ou non,matériaux...),en ce compris de tous véhicules et machines à moteur
Ainsi que l'achat,la vente et la location d'œuvres d'arts,de meubles meublants,d'objets de collection et de décoration
Réalisation ensemble opérations pour son compte ou pour compte de tiers,en tant que maître de l'ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,toutes études,y compris la construction de routes et égouts;souscrire des engagements en tant que conseiller en construction(étude de génie civil et des divers équipements techniques des immeubles);acheter tous matériaux,signer tous contrats d'entreprises nécessaires
Consentir tous prêts ou garantir tous prêts consentis par des tiers à des sociétés affiliées,en ce compris par la constitution de sûretés dans les limites prévues par la loi
Assumer toutes fonctions au sein d’autres personnes morales,en qualité d’organe ou non,en ce compris dans le contexte de liquidation
Prendre et détenir toutes participations dans toutes autres personnes morales