What does TREESTONE do?

TREESTONE is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 19 November 2019, 1 establishment.

What is the address of TREESTONE?

The registered office of TREESTONE is located at Rue des Alouettes 90, 4041 Herstal.

Is TREESTONE still active?

Yes. According to the CBE (29 October 2026) TREESTONE is active, legal situation “Normale toestand”, started on 19 November 2019.

Is TREESTONE registered on Peppol?

Yes, TREESTONE is registered on the Peppol network with ID 0208:0737847821.

What is the enterprise number of TREESTONE?

The enterprise number of TREESTONE is BE0737847821.

When was TREESTONE founded?

TREESTONE was founded on 19 November 2019.

Who are the directors of TREESTONE?

According to the 2025 annual accounts, the directors of TREESTONE are: WHITESTONE GROUP SA, BOXWOOD CONSULTING SRL, MA MA THO MANAGEMENT SRL, Antoine DUCHATEAU.

Is TREESTONE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 November 2019; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did TREESTONE make in 2025?

TREESTONE posted a profit after taxes of € 605,669 in financial year 2025.

What is the revenue of TREESTONE?

As a small company, TREESTONE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -14,445.

TREESTONE (Private Limited) - Herstal - BE0737847821

Dossier TREESTONE, printed on 29 October 2026 from databakkes.be/en/0737847821/treestone. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TREESTONE from Herstal, company number BE0737847821, closed financial year 2025 with a result of € 605,669 after tax. For that financial year TREESTONE recorded a gross margin of € -14,445 and equity of € 9.7 million. Compared with financial year 2024, the result moved from € 302,934 to € 605,669. 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 June 10, 2026.

What it is worth Growing

€ 9.7 million

▲ 7% vs 2024

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

Profit Growing

€ 605,669

▲ 100% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 169,777

▲ 237% 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 € 3.3 million.

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.

€ 910,691

▼ 32% vs 2024

€ 466,815 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 12,519

▲ 22% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -5,543 Gross margin 2022: € -5,543 First fiscal year in the series	€ -9,116 Gross margin 2023: € -9,116 ▼ € 3,572 vs 2022 (€ -5,543) Unfavourable step	€ -16,819 Gross margin 2024: € -16,819 ▼ € 7,703 vs 2023 (€ -9,116) Unfavourable step	€ -14,445 Gross margin 2025: € -14,445 ▲ € 2,374 vs 2024 (€ -16,819) Favourable step	▲ € 2,374
Profit after taxes	€ 291,515 Profit after taxes 2022: € 291,515 First fiscal year in the series	€ 399,729 Profit after taxes 2023: € 399,729 ▲ 37% vs 2022 (€ 291,515) Favourable step	€ 302,934 Profit after taxes 2024: € 302,934 ▼ 24% vs 2023 (€ 399,729) Unfavourable step	€ 605,669 Profit after taxes 2025: € 605,669 ▲ 100% vs 2024 (€ 302,934) Favourable step	▲ 100%
Equity	€ 2,738,183 Equity 2022: € 2,738,183 First fiscal year in the series	€ 3,137,912 Equity 2023: € 3,137,912 ▲ 15% vs 2022 (€ 2,738,183) Favourable step	€ 9,112,416 Equity 2024: € 9,112,416 ▲ 190% vs 2023 (€ 3,137,912) Favourable step	€ 9,718,085 Equity 2025: € 9,718,085 ▲ 7% vs 2024 (€ 9,112,416) Favourable step	▲ 7%
Total debts	€ 2,256,604 Total debts 2022: € 2,256,604 First fiscal year in the series	€ 1,869,783 Total debts 2023: € 1,869,783 ▼ 17% vs 2022 (€ 2,256,604) Favourable step	€ 2,059,337 Total debts 2024: € 2,059,337 ▲ 10% vs 2023 (€ 1,869,783) Unfavourable step	€ 1,291,144 Total debts 2025: € 1,291,144 ▼ 37% vs 2024 (€ 2,059,337) Favourable step	▼ 37%
Cash	€ 87,025 Cash 2022: € 87,025 First fiscal year in the series	€ 30,796 Cash 2023: € 30,796 ▼ 65% vs 2022 (€ 87,025) Unfavourable step	€ 50,305 Cash 2024: € 50,305 ▲ 63% vs 2023 (€ 30,796) Favourable step	€ 169,777 Cash 2025: € 169,777 ▲ 237% vs 2024 (€ 50,305) Favourable step	▲ 237%
Retained profit	€ 1,978,183 Retained profit 2022: € 1,978,183 First fiscal year in the series	€ 2,377,912 Retained profit 2023: € 2,377,912 ▲ 20% vs 2022 (€ 1,978,183) Favourable step	€ 2,680,846 Retained profit 2024: € 2,680,846 ▲ 13% vs 2023 (€ 2,377,912) Favourable step	€ 3,286,515 Retained profit 2025: € 3,286,515 ▲ 23% vs 2024 (€ 2,680,846) Favourable step	▲ 23%
Bank debt	€ 1,948,978 Bank debt 2022: € 1,948,978 First fiscal year in the series	€ 1,560,447 Bank debt 2023: € 1,560,447 ▼ 20% vs 2022 (€ 1,948,978) Favourable step	€ 1,346,153 Bank debt 2024: € 1,346,153 ▼ 14% vs 2023 (€ 1,560,447) Favourable step	€ 910,691 Bank debt 2025: € 910,691 ▼ 32% vs 2024 (€ 1,346,153) Favourable step	▼ 32%
Balance sheet total	€ 4,994,787 Balance sheet total 2022: € 4,994,787 First fiscal year in the series	€ 5,007,695 Balance sheet total 2023: € 5,007,695 Unchanged (€ 4,994,787) Unchanged	€ 11,171,753 Balance sheet total 2024: € 11,171,753 ▲ 123% vs 2023 (€ 5,007,695) Unchanged	€ 11,009,229 Balance sheet total 2025: € 11,009,229 ▼ 1% vs 2024 (€ 11,171,753) Unchanged	▼ 1%

Key figures of TREESTONE, 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 TREESTONE?

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

2027 Antoine DUCHATEAU stepped down as director. NBB
Jun 10, 2026 New annual accounts for financial year 2025: profit of € 605,669 (▲ 100% vs 2024). Source: NBB ↗
2023 Antoine DUCHATEAU became a director. NBB
2022 WHITESTONE GROUP SA became a director. NBB
Nov 19, 2019 New establishment in Walhain. KBO
Nov 19, 2019 Start of the company according to the CBE. KBO
2019 BOXWOOD CONSULTING SRL became a director. NBB
2019 MA MA THO MANAGEMENT SRL became a director. NBB

In short

From € 291,515 profit in 2022 to € 605,669 profit in 2025.

Best year ever: 2025, with € 605,669 profit.

Original PDFs at the National Bank ↗

Management

Whitestone Group SA 72.6%

Boxwood Consulting SRL 16.5%

MA MA THO MANAGEMENT SRL 11%

TREESTONE

ISO-TECH BELGIUM 100%

ATIMA-TPIM 93%

ECOTYS 90%

TKM INDUSTRIES

Behind TREESTONE are WHITESTONE GROUP SA, BOXWOOD CONSULTING SRL and MA MA THO MANAGEMENT SRL. The shares are held by Whitestone Group SA (72.6%), Boxwood Consulting SRL (16.5%) and MA MA THO MANAGEMENT SRL (11%). It owns 100% of ISO-TECH BELGIUM, 93% of ATIMA-TPIM, 90% of ECOTYS, TKM INDUSTRIES and PARMECANIQUE itself.