ACTIVE

BLUESTONE SERVICE

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Financial year 2025 · closed on 31/12/2025
Net result
121,9 k €
-57.2% YoY
Gross margin
202,1 k €
-36.3% YoY
Equity
341 k €
+55.6% YoY
Workforce
1,0 ETP
0.0% YoY

What does BLUESTONE SERVICE do?

BLUESTONE SERVICE is a Private limited company incorporated in 2012. Its main activity is: Construction of buildings. Its registered office is in Anderlecht. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0842.668.395
Incorporation
12/01/2012
Legal form
Private limited company
Registered office
Rue de l'Agrafe 68 box 6.03
1070 Anderlecht · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings68321Management of real estate on a fee or contract basis68321Management of real estate on a fee or contract basis71111Architectural activities71111Architectural activities
Joint committees (1)
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin202,1 k €317,2 k €156,7 k €177,5 k €223,3 k €573,6 k €113,1 k €87,4 k €22,3 k €-11,4 k €141,4 k €21 k €16 k €-3,7 k €
EBITDA143 k €255,9 k €111,7 k €114 k €175,7 k €526,8 k €66,6 k €34,2 k €8,9 k €-11,4 k €141,3 k €20,9 k €15,9 k €-3,7 k €
Operating result143 k €255,9 k €100,2 k €117,8 k €170,2 k €526,4 k €66,1 k €33,7 k €8,6 k €-11,4 k €141,3 k €20,9 k €15,9 k €-3,7 k €
Net result121,9 k €285,1 k €79,2 k €86,5 k €126,4 k €372,4 k €9 k €20,7 k €7,6 k €-11,3 k €92,8 k €11,8 k €1,4 k €-11,4 k €
Balance sheet
Equity341 k €219,1 k €184 k €176,1 k €189,5 k €163,1 k €140,7 k €131,7 k €111 k €103,3 k €114,6 k €21,8 k €10 k €8,6 k €
Total assets692 k €1,1 M €1 M €1,1 M €934,1 k €775,3 k €1,2 M €1,2 M €470,9 k €220,7 k €232,3 k €378,1 k €1,1 M €840,4 k €
Cash9,2 k €16,1 k €194 k €745,1 k €790,6 k €591,8 k €413,3 k €349,2 k €379,2 k €112,4 k €70,9 k €98,5 k €12,7 k €33,4 k €
Debts351 k €921,9 k €847,8 k €871,2 k €733,7 k €601,4 k €1,1 M €1,1 M €350,4 k €117,4 k €117,7 k €336,1 k €1,1 M €824,2 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,5 ETP1,1 ETP1,0 ETP1,0 ETP0,3 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

UNIVERSTONE

Director · 0896.457.370

Represented by Arnaud Khodara

Active
VLABO

Director · 0422.957.414

Represented by Paul Van Butsele

Active

Ended mandates

Arnaud KHODARA

Director

Ended
ARNAUD KHODARA

Manager

Ended
Paul Jules Van Butsele

Manager

Ended
Paul Van Butsele

Manager

Ended
At this address

Other companies at this address

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BLUESTONE INVEST● Active
0830.993.654
Coralie● Active
0662.652.629
HENDRICKX KEY LARGO ET CIE● Active
0465.429.655
KASNY CONSULTING● Active
0772.782.172
SPIRYIT● Active
1004.647.806
TINT● Active
0675.462.567
VLABO● Active
0422.957.414
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202630/09/202530/08/202407/08/202323/08/202216/06/2021
General meeting18/04/202618/04/202509/07/202418/04/202314/07/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/04/202631/08/2026FrenchPDF
Abridged model31/12/202418/04/202530/09/2025FrenchPDF
Abridged model31/12/202309/07/202430/08/2024FrenchPDF
Abridged model31/12/202218/04/202307/08/2023FrenchPDF
Abridged model31/12/202114/07/202223/08/2022FrenchPDF
Abridged model31/12/202016/06/202116/06/2021FrenchPDF
Abridged model31/12/201918/04/202009/09/2020DutchPDF
Abridged model31/12/201818/04/201918/09/2019DutchPDF
Abridged model31/12/201718/04/201831/08/2018DutchPDF
Abridged model31/12/201618/04/201731/08/2017DutchPDF
Abridged model31/12/201518/04/201631/08/2016DutchPDF
Abridged model31/12/201418/04/201528/08/2015DutchPDF
Abridged model31/12/201318/04/201429/08/2014DutchPDF
Abridged model31/12/201218/04/201330/08/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

UNIVERSTONE

Director · 0896.457.370

Represented by Arnaud Khodara

Active
VLABO

Director · 0422.957.414

Represented by Paul Van Butsele

Active

Ended mandates

Arnaud KHODARA

Director

Ended
ARNAUD KHODARA

Manager

Ended
Paul Jules Van Butsele

Manager

Ended
Paul Van Butsele

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Other07/01/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates24/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/05/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL
    PDF
  • Mandates27/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/01/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025121,9 k €↓
  2. 2024
    Annual accounts 2024285,1 k €↑
  3. 2023
    Annual accounts 202379,2 k €↓
  4. 2022
    Annual accounts 202286,5 k €↓
  5. 2021
    Annual accounts 2021126,4 k €↓
  6. 2020
    Annual accounts 2020372,4 k €↑
  7. 2019
    Annual accounts 20199 k €↓
  8. 2018
    Annual accounts 201820,7 k €↑
  9. 2017
    Annual accounts 20177,6 k €↑
  10. 2016
    Annual accounts 2016-11,3 k €↓
  11. 2015
    Annual accounts 201592,8 k €↑
  12. 2014
    Annual accounts 201411,8 k €↑
  13. 2013
    Annual accounts 20131,4 k €↑
  14. 2012
    Annual accounts 2012-11,4 k €
  15. 12/01/2012
    IncorporationPrivate limited company