Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WHITE STONE DEVELOPMENT from Ukkel, company number BE0700538453, closed financial year 2025 with a result of € -6,189 after tax. For that financial year WHITE STONE DEVELOPMENT recorded a gross margin of € -5,417 and equity of € -200,521. Compared with financial year 2024, the result moved from € -6,114 to € -6,189. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2025.
€ -200,521
▼ € 6,189 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,189
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 23,378
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -275,521.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 840,460
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 3,124
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,540 | € -6,685 | € -5,269 | € -5,417 | ▼ € 147 |
| Profit after taxes | € -6,233 | € -7,529 | € -6,114 | € -6,189 | ▼ € 75 |
| Equity | € -180,689 | € -188,218 | € -194,332 | € -200,521 | ▼ € 6,189 |
| Total debts | € 732,775 | € 769,506 | € 806,023 | € 843,584 | ▲ 5% |
| Cash | € 47,344 | € 38,392 | € 29,775 | € 23,378 | ▼ 21% |
| Retained profit | € -255,689 | € -263,218 | € -269,332 | € -275,521 | ▼ € 6,189 |
| Bank debt | € 729,299 | € 766,319 | € 803,440 | € 840,460 | ▲ 5% |
| Balance sheet total | € 552,086 | € 581,288 | € 611,691 | € 643,063 | ▲ 5% |
Key figures of WHITE STONE DEVELOPMENT, 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 October 2026.
What happened to WHITE STONE DEVELOPMENT?
What happened at WHITE STONE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- YANN DOUBLIER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,189. Source: NBB ↗
- YANN DOUBLIER became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- ARTONE SA became a director. NBB
- Philippe DE MENTEN DE HORNE became a director. NBB
In short
From € 6,233 loss in 2022 to € 6,189 loss in 2025.
A new publication or filing at WHITE STONE DEVELOPMENT? We notify you, reason included.
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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
Management
Behind WHITE STONE DEVELOPMENT are ARTONE SA and Philippe DE MENTEN DE HORNE. The shares are held by BF3 - BELGIQUE SA (66.7%) and Philippe de MENTEN de HORNE (33.3%).
Directors
According to the 2025 annual accounts
Manager · represented by Paul-Edouard AUBRY
Also active at: Autumn Property 1, Grande Haie Development, Projet Namur Combattants, BF3 BELGIAN PROJECTS, Pelletier Development, BF3 COURONNE, COURONNE DEVELOPMENT, Cottage III +4 more
since 2018
Philippe DE MENTEN DE HORNE
Manager
Owns 33.3% directly
since 2018
YANN DOUBLIER
Director
Also active at: BF3 BELGIAN PROJECTS, Pelletier Development, BF3 COURONNE, COURONNE DEVELOPMENT, Cottage III, VH Development, Croissant Development, ROMEO DEVELOPMENT
since 2023 · until 2029
Shareholders
BF3 - BELGIQUE SA
66.7%
Philippe de MENTEN de HORNE · director
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ilya Prigoginelaan 1
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.538.453
- VAT number
- BE 0700.538.453
- Registered office
- Ilya Prigoginelaan 1, 1180 Ukkel
- Names & denominations
- WHITE STONE DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 July 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handel in eigen onroerend goed
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis