COLONEL STONE
ActiveCOLONEL STONE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-22k) and a net result of €-6k. Equity is shrinking by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 9195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37=
Solvency25=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.03 against 1.07 in 2024; short-term debt: 96.8% and cash: 12.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-22k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
16 d early
2024
37 d early
2023
29 d early
2022
120 d late
2021
32 d early
2020
30 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▼ 8.0%
2024 · €-5k
2020: €-27k
2021: €-1k
2022: €-4k
2023: €-10k
2024: €-5k
2020 → 2025
Working capital
€734k▲ 5.2%
2024 · €698k
2020: €-22k
2021: €3k
2022: €990k
2023: €1.49M
2024: €698k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-983€-11k▼ 998%€-16k▼ 50.2%€-22k▼ 36.1%
Operating result€-899-€-4k▼ 307%€-10k▼ 168%€-5k▲ 44.8%€-6k▼ 8.6%
Net result€-1k-€-4k▼ 238%€-10k▼ 151%€-5k▲ 44.8%€-6k▼ 8.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €5k in 2024; the loss grows.
Key figures and ratios
Solvency
-0.1%▲
2024 · -0.2%
Current ratio
1.03▼
2024 · 1.07
Quick ratio
0.14▼
2024 · 0.37
ROA
0.0%▲
2024 · -0.1%
Debt
€22.90M▲
2024 · €10.06M
Debt ≤ 1 year
€22.15M▲
2024 · €9.34M
Debt > 1 year
€756k▲
2024 · €714k
A ratio outside any meaningful range has been withheld (balance sheet total €22.88M, equity €-22k).
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€10.04M€22.88M▲
Current assets29/58€10.04M€22.88M▲
Stocks and contracts in progress3€6.58M€19.79M▲
Stocks30/36€6.58M€19.79M▲
Amounts receivable within one year40/41€521k€274k▼
Trade receivables40€521k€274k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€2.92M€2.80M▼
Deferred charges and accrued income490/1€15k€18k▲
Equity and liabilities
Total equity and liabilities10/49€10.04M€22.88M▲
Equity10/15€-16k€-22k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-21k€-27k▼
Amounts payable17/49€10.06M€22.90M▲
Amounts payable after more than one year17€714k€756k▲
Other amounts payable178/9€714k€756k▲
Amounts payable within one year42/48€9.34M€22.15M▲
Current portion of amounts payable after more than one year42-€2.29M
Financial debts43€3.32M€0▼
Credit institutions430/8€3.32M€0▼
Trade debts44€1.81M€1.08M▼
Suppliers440/4€1.81M€1.08M▼
Advances received on contracts in progress46€3.89M€18.62M▲
Taxes, remuneration and social security45€313k€156k▼
Taxes450/3€313k€156k▼
Income statement
Code20242025
Non-recurring operating income76A-€1k
Other operating charges640/8€0€2k▲
Gross operating margin9900€-5k€-4k▲
Operating profit (loss)9901€-5k€-6k▼
Financial income75/76B€0€27▲
Recurring financial income75€0€27▲
Financial charges65/66B€1€1▼
Recurring financial charges65€1€1▼
Profit (loss) for the period before taxes9903€-5k€-6k▼
Profit (loss) for the period9904€-5k€-6k▼
Profit (loss) for the period to be appropriated9905€-5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-27k▼
Profit (loss) brought forward from the previous period14P€-16k€-21k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 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
04-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge7 facts ▸
- General meeting, 2026-06-24
- Director resignation, Adel Yahia Consult SRL (administrateur)
- Director discharge, Adel Yahia Consult SRL
- Director appointment, AG Investment Management BV (administrateur)
- Mandate compensation, AG Investment Management BV
- Auditor reappointment, KPMG Réviseurs d'Entreprises SRL
- Permanent representative, Jonas Nachtergaele
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 14.31
Current ratio from 3.98 to 14.31; short-term debt falls from €333k to €112k.
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 120 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 3.98
Current ratio from 1.00 to 3.98; short-term debt falls from €841k to €333k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
AG Investment Management
CurrentDirector · since 01-07-2026 · Private limited company
01-07-2026
AG Investment Management: Appointed as Director
01-07-2026
ADEL YAHIA CONSULT: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2020
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
COLONEL STONE
since 20202.309.540.997
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Statutory auditor
1 auditor| KPMG Réviseurs d'Entreprises SRLCurrent Auditor · represented by Jonas Nachtergaele | 24-06-2026 → present |
Structure & network
Connections & network
8 connected companiesNetwork connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
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Shared corporate director
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Show 4 more network connections
Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Ownership & control
1 partyControl over this companysits on this company's board1
9 subsidiaries · 1 location
controls
COLONEL STONEBE 0749.467.827
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 1,613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.