Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STONE ART from Herzele, company number BE0477538225, closed financial year 2025 with a result of € 297 after tax. For that financial year STONE ART recorded a gross margin of € 9,190 and equity of € 84,898. Compared with financial year 2024, the result moved from € -6,626 to € 297. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 15, 2026.
€ 84,898
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 297
▲ still € 6,626 loss in 2024
Profit after tax over the fiscal year.
€ 145
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 78,698.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,225
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,529
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 17,251
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,418 | € 41,268 | € 7,240 | € 9,190 | ▲ 27% |
| Profit after taxes | € -43,455 | € -18,620 | € -6,626 | € 297 | ▲ € 6,923 |
| Equity | € 109,848 | € 91,228 | € 84,602 | € 84,898 | |
| Total debts | € 131,746 | € 104,828 | € 79,940 | € 55,020 | ▼ 31% |
| Cash | € 16 | € 1,263 | € 1,534 | € 145 | ▼ 91% |
| Land & buildings | € 7,880 | - | - | - | |
| Retained profit | € 103,648 | € 85,028 | € 78,402 | € 78,698 | |
| Bank debt | € 44,676 | € 27,536 | € 11,923 | € 6,529 | ▼ 45% |
| Balance sheet total | € 247,811 | € 198,682 | € 164,542 | € 139,918 | ▼ 15% |
Key figures of STONE ART, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to STONE ART?
What happened at STONE ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 297. filed late Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,455 loss in 2022 to € 297 profit in 2025.
Paid € 676 in corporate taxes since 2022.
Best year ever: 2025, with € 297 profit.
Management
Behind STONE ART is Andy Van Herreweghe.
Directors
According to the 2025 annual accounts
Andy Van Herreweghe
bestuurder
Establishments
Establishment units
Physical locations of this company
Kauwstraat 76
9550 Herzele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.538.225
- VAT number
- BE 0477.538.225
- Registered office
- Kauwstraat 76, 9550 Herzele
- Names & denominations
- STONE ART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2002
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
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