MOERMAN NATUURSTEEN
ActiveMOERMAN NATUURSTEEN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €30k. Equity is shrinking by ~19.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 27% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency32▲+15
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.07 in 2024), and 79.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.7%
Return on assets
14.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
94 d early
2023
62 d early
2022
41 d early
2021
61 d early
2020
64 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 213%
2024 · €14k
2018: €158k
2019: €158k
2020: €159k
2021: €116k
2022: €99k
2023: €69k
2024: €14k
2018 → 2025
Total assets
€210k▲ 5.5%
2024 · €199k
2018: €356k
2019: €388k
2020: €378k
2021: €336k
2022: €289k
2023: €254k
2024: €199k
2018 → 2025
Net result
€30k
2024 · €-56k
2018: €24k
2019: €384
2020: €650
2021: €-43k
2022: €-17k
2023: €-29k
2024: €-56k
2018 → 2025
Working capital
€43k▲ 232%
2024 · €13k
2018: €144k
2019: €132k
2020: €138k
2021: €103k
2022: €92k
2023: €68k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€99k▼ 14.7%€69k▼ 29.6%€14k▼ 80.0%€43k▲ 213%
Operating result€-43k-€-16k▲ 62.4%€-29k▼ 78.1%€-55k▼ 89.9%€30k
Net result€-43k-€-17k▲ 60.7%€-29k▼ 71.9%€-56k▼ 90.7%€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €30k after a loss of €55k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€135▼ 83.5%
Current assets
€210k▲ 5.9%
Equity and liabilities €210k
Equity
€43k▲ 213%
Debt
€166k▼ 10.1%
The debt ratio falls from 93.0% to 79.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€30k▲
2024 · €-54k
Cash flow
€30k▲
2024 · €-55k
Solvency
20.7%▲
2024 · 7.0%
Current ratio
1.26▲
2024 · 1.07
Quick ratio
0.88▲
2024 · 0.61
Debt / equity
3.83▼
2024 · 13.33
ROE
68.1%▲
2024 · -400.3%
ROA
14.1%▲
2024 · -27.9%
Interest coverage
76.12▲
2024 · -119.88
Debt
€166k▼
2024 · €185k
Debt ≤ 1 year
€166k▼
2024 · €185k
Staff costs
€0▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€199k€210k▲
Fixed assets21/28€819€135▼
Tangible fixed assets22/27€684€0▼
Plant, machinery and equipment23€471€0▼
Furniture and vehicles24€212€0▼
Financial fixed assets28€135€135=
Current assets29/58€198k€210k▲
Stocks and contracts in progress3€85k€63k▼
Stocks30/36€74k€56k▼
Contracts in progress37€10k€7k▼
Amounts receivable within one year40/41€92k€110k▲
Trade receivables40€90k€106k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€19k€33k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€199k€210k▲
Equity10/15€14k€43k▲
Contributions10/11€119k€119k=
Capital10€119k€119k=
Issued capital100€119k€119k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Profit (loss) carried forward14€-117k€-87k▲
Amounts payable17/49€185k€166k▼
Amounts payable within one year42/48€185k€166k▼
Trade debts44€27k€20k▼
Suppliers440/4€27k€20k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€158k€147k▼
Income statement
Code20242025
Non-recurring operating income76A-€19k
Remuneration, social security and pensions62€5k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€935€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€-29k▼
Other operating charges640/8€1k€969▼
Non-recurring operating charges66A-€471
Gross operating margin9900€-33k€2k▲
Operating profit (loss)9901€-55k€30k▲
Financial income75/76B€75€8▼
Recurring financial income75€75€8▼
Financial charges65/66B€452€394▼
Recurring financial charges65€452€394▼
Profit (loss) for the period before taxes9903€-56k€30k▲
Profit (loss) for the period9904€-56k€30k▲
Profit (loss) for the period to be appropriated9905€-56k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-117k€-87k▲
Profit (loss) brought forward from the previous period14P€-61k€-117k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €30k
Net result €30k after 4 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Berlare · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Olmendreef(B) 89290 BerlareGround area
1,406 m²
Building footprint
683 m²
Volume, LiDAR
2,805 m³
Parcel 42003A1368/00K000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MOERMAN NATUURSTEEN NV
since 19962.074.669.751
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003A1368/00K000 | Flanders | 1,406 m² | 1 · 683 m² | 8.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
THIEBAUT ET CIE
BE 0472.286.268
Lessines · Eq €44k
PIERRES ET MARBRES
BE 0462.082.462
Herve · Eq €43k
TAILLEUR DE PIERRE
BE 1002.809.457
Flémalle · Eq €42k
SWS
BE 0836.904.221
Deerlijk · Eq €45k
MARBRERIE SOARES DA COSTA
BE 0830.573.683
Soignies · Eq €42k
Of 736 companies in sector 23700 we hold annual accounts for 489. 326 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-01-1996
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
43331Floor and wall tiling
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.