What does M-STONE do?

M-STONE is a flooring and tiling contractor in Denderleeuw. Private Limited, started on 7 August 2019, 1 establishment.

What is the address of M-STONE?

The registered office of M-STONE is located at Elzenlaan 19, 9473 Denderleeuw.

Is M-STONE still active?

Yes. According to the CBE (29 October 2026) M-STONE is active, legal situation “Normale toestand”, started on 7 August 2019.

Is M-STONE registered on Peppol?

Yes, M-STONE is registered on the Peppol network with ID 0208:0731940125.

What is the enterprise number of M-STONE?

The enterprise number of M-STONE is BE0731940125.

When was M-STONE founded?

M-STONE was founded on 7 August 2019.

Who are the directors of M-STONE?

According to the 2025 annual accounts, the directors of M-STONE are: ILIR MECAJ, JONIDA MECAJ.

Is M-STONE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 August 2019; 3 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M-STONE make in 2025?

M-STONE posted a profit after taxes of € 21,059 in financial year 2025.

What is the revenue of M-STONE?

As a small company, M-STONE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 154,796.

M-STONE (Private Limited) - Denderleeuw - BE0731940125

Dossier M-STONE, printed on 29 October 2026 from databakkes.be/en/0731940125/m-stone. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M-STONE from Denderleeuw, company number BE0731940125, closed financial year 2025 with a result of € 21,059 after tax. For that financial year M-STONE recorded a gross margin of € 154,796 and equity of € 161,336. Compared with financial year 2024, the result moved from € -2,893 to € 21,059. 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 January 28, 2026.

What it is worth Growing

€ 161,336

▲ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 21,059

▲ still € 2,893 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 154,954

▲ 61% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 160,336.

People and assets in 2025

Wage cost

€ 105,176

▲ 12% 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.

Vehicles and equipment

€ 22,222

▼ 39% vs 2024

Of which on lease € 13,412.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 11,942

▼ 43% vs 2024

€ 5,203 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 7,626

▲ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 4,632

▼ 13% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 147,309 Gross margin 2023: € 147,309 First fiscal year in the series	€ 154,041 Gross margin 2024: € 154,041 ▲ 5% vs 2023 (€ 147,309) Favourable step	€ 154,796 Gross margin 2025: € 154,796 Unchanged (€ 154,041) Favourable step
Profit after taxes	€ 42,107 Profit after taxes 2023: € 42,107 First fiscal year in the series	€ -2,893 Profit after taxes 2024: € -2,893 ▼ € 45,000 vs 2023 (€ 42,107) Unfavourable step	€ 21,059 Profit after taxes 2025: € 21,059 ▲ € 23,952 vs 2024 (€ -2,893) Favourable step	▲ € 23,952
Equity	€ 143,170 Equity 2023: € 143,170 First fiscal year in the series	€ 140,277 Equity 2024: € 140,277 ▼ 2% vs 2023 (€ 143,170) Unfavourable step	€ 161,336 Equity 2025: € 161,336 ▲ 15% vs 2024 (€ 140,277) Favourable step	▲ 15%
Total debts	€ 70,204 Total debts 2023: € 70,204 First fiscal year in the series	€ 54,786 Total debts 2024: € 54,786 ▼ 22% vs 2023 (€ 70,204) Favourable step	€ 53,326 Total debts 2025: € 53,326 ▼ 3% vs 2024 (€ 54,786) Favourable step	▼ 3%
Cash	€ 120,342 Cash 2023: € 120,342 First fiscal year in the series	€ 95,974 Cash 2024: € 95,974 ▼ 20% vs 2023 (€ 120,342) Unfavourable step	€ 154,954 Cash 2025: € 154,954 ▲ 61% vs 2024 (€ 95,974) Favourable step	▲ 61%
Retained profit	€ 142,170 Retained profit 2023: € 142,170 First fiscal year in the series	€ 139,277 Retained profit 2024: € 139,277 ▼ 2% vs 2023 (€ 142,170) Unfavourable step	€ 160,336 Retained profit 2025: € 160,336 ▲ 15% vs 2024 (€ 139,277) Favourable step	▲ 15%
Bank debt	€ 29,582 Bank debt 2023: € 29,582 First fiscal year in the series	€ 21,038 Bank debt 2024: € 21,038 ▼ 29% vs 2023 (€ 29,582) Favourable step	€ 11,942 Bank debt 2025: € 11,942 ▼ 43% vs 2024 (€ 21,038) Favourable step	▼ 43%
Balance sheet total	€ 213,373 Balance sheet total 2023: € 213,373 First fiscal year in the series	€ 195,063 Balance sheet total 2024: € 195,063 ▼ 9% vs 2023 (€ 213,373) Unchanged	€ 214,662 Balance sheet total 2025: € 214,662 ▲ 10% vs 2024 (€ 195,063) Unchanged	▲ 10%

Key figures of M-STONE, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to M-STONE?

What happened at M-STONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 28, 2026 New annual accounts for financial year 2025: profit of € 21,059. Source: NBB ↗
Aug 7, 2019 New establishment in Denderleeuw. KBO
2019 ILIR MECAJ became a director. NBB
2019 JONIDA MECAJ became a director. NBB
Aug 7, 2019 Start of the company according to the CBE. KBO

In short

From € 42,107 profit in 2023 to € 21,059 profit in 2025.

Paid € 24,287 in corporate taxes since 2023.

Best year ever: 2023, with € 42,107 profit.

Original PDFs at the National Bank ↗

Management

ILIR MECAJ JONIDA MECAJ

TECNISTONE

M-STONE

Behind M-STONE are ILIR MECAJ and JONIDA MECAJ. ILIR MECAJ is also behind TECNISTONE.

Directors

According to the 2025 annual accounts

ILIR MECAJ

Director

Also active at: TECNISTONE

since 2019

JONIDA MECAJ

Werkend vennoot

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Elzenlaan 19

9473 Denderleeuw

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0731.940.125

VAT number

BE 0731.940.125

Registered office

Elzenlaan 19, 9473 Denderleeuw

Names & denominations

M-STONE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 August 2019

Peppol

Active · Active since 16 Aug 2024

Activities · NACE

Plaatsen van vloer- en wandtegels

Houwen, bewerken en afwerken van natuursteen

Detailhandel in wand- en vloertegels

View on CBE Public ↗ Annual accounts (NBB) ↗

M-STONE

Financials

What happened to M-STONE?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions