Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
NorthStone from Leuven, company number BE0502465839, closed financial year 2025 with a result of € -107,325 after tax. For that financial year NorthStone recorded a gross margin of € 508,707 and equity of € 343,787. Compared with financial year 2024, the result moved from € -2,362 to € -107,325. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 343,787
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -107,325
▼ 4444 % more loss than in 2024
Profit after tax over the fiscal year.
€ 54,299
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,563.
People and assets in 2025
€ 486,525
▲ 26% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,986
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 297,663
▲ 78% vs 2024
€ 36,208 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 9,782
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,180
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 448,075 | € 659,973 | € 511,234 | € 508,707 | |
| Profit after taxes | € -50,565 | € 42,945 | € -2,362 | € -107,325 | ▼ € 104,963 |
| Equity | € 410,529 | € 453,474 | € 451,112 | € 343,787 | ▼ 24% |
| Total debts | € 223,478 | € 480,167 | € 950,059 | € 549,397 | ▼ 42% |
| Cash | € 206,707 | € 93,345 | € 207,744 | € 54,299 | ▼ 74% |
| Retained profit | € 55,179 | € 98,124 | € 95,762 | € -11,563 | ▼ € 107,325 |
| Bank debt | € 69,660 | € 57,621 | € 167,176 | € 297,663 | ▲ 78% |
| Balance sheet total | € 634,007 | € 933,641 | € 1,401,171 | € 893,184 | ▼ 36% |
| Employees (FTE) | 9.5 | 9.6 | - | - |
Key figures of NorthStone, 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 NorthStone?
What happened at NorthStone in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 107,325. Source: NBB ↗
- New establishment in Leuven. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,565 loss in 2022 to € 107,325 loss in 2025.
Paid € 10,722 in corporate taxes since 2022.
Best year ever: 2023, with € 42,945 profit.
On average € 68,700 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Verbrande Poort 8
3000 Leuven
Kantersteen 10
1000 Brussel
Active since 15 January 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.465.839
- VAT number
- BE 0502.465.839
- Registered office
- Verbrande Poort 8, 3000 Leuven
- Names & denominations
- NorthStone
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2013
- Peppol
- Active · Active since 4 Nov 2025
- Contact
- [email protected] 0484945222
- Activities · NACE
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