ACTIVE

STONE BY STONE

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Financial year 2025 · closed on 30/09/2025
Net result
-223,1 k €
-56.2% YoY
Gross margin
-164,1 k €
-106.5% YoY
Equity
593,7 k €
-27.3% YoY

What does STONE BY STONE do?

STONE BY STONE is a Private limited company incorporated in 2005. Its main activity is: Development of building projects. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0876.914.741
Incorporation
25/10/2005
Legal form
Private limited company
Registered office
Chaussée de Wavre 28 box 4.8
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate70111Activities of head offices41102Development of building projects68122Buying and selling of own real estate70113Activities of head offices+6
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-164,1 k €-79,5 k €62,3 k €69,8 k €72,1 k €186,5 k €112,8 k €90,7 k €58 k €75,2 k €89,5 k €188,1 k €237,5 k €168,8 k €63,4 k €117,6 k €118,6 k €25,1 k €4,6 k €
EBITDA-166 k €-84,7 k €54,4 k €64,4 k €67,1 k €175,8 k €109,3 k €75,6 k €52 k €68,9 k €84,3 k €184,6 k €234,9 k €164,6 k €60,7 k €114,1 k €117,6 k €24,1 k €4,1 k €
Operating result-216,7 k €-135,4 k €7,3 k €29,9 k €31,7 k €137,6 k €64 k €30,2 k €16,5 k €29,9 k €48,1 k €144,7 k €199,3 k €128,6 k €23,2 k €66,8 k €42,3 k €18,3 k €-6,3 k €
Net result-223,1 k €-142,8 k €-34 k €520,8 k €5,8 k €88,9 k €35,9 k €8,7 k €36,3 k €-6,8 k €-12,9 k €105,9 k €144,2 k €80,8 k €1,1 k €34,3 k €23,9 k €10,6 k €-7,1 k €
Balance sheet
Equity593,7 k €816,8 k €959,5 k €1,1 M €583,4 k €577,6 k €488,7 k €452,8 k €444,1 k €407,8 k €414,6 k €427,5 k €321,6 k €177,4 k €96,6 k €89,3 k €55 k €31,2 k €20,6 k €
Total assets1,2 M €1,3 M €1,5 M €1,9 M €1,4 M €1,5 M €1,5 M €1,5 M €1,8 M €1,1 M €1,2 M €1,3 M €1,1 M €1,1 M €730,3 k €771,8 k €648,8 k €157,1 k €116,6 k €
Cash8,8 k €37,1 k €136,7 k €1,1 M €103,2 k €120,5 k €141,7 k €149,1 k €79,7 k €144,9 k €70,6 k €83,9 k €160,7 k €35,3 k €33,3 k €67,8 k €99,3 k €60,1 k €27 k €
Debts624,3 k €527,9 k €576,8 k €809,1 k €807,2 k €948,7 k €970,6 k €1,1 M €1,3 M €729 k €786,2 k €836,5 k €808,1 k €876,8 k €632,7 k €682,4 k €574,8 k €120 k €96 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Pascal DELFOSSE

Director

Active

Ended mandates

Pascal Delfosse

Manager · since 11 octobre 2005

Ended
Pascal DELFOSSE

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Association des copropriétaires RESIDENCE 28 à Ixelles, Chaussée de Wavre 28● Active
0879.177.415
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202630/04/202516/05/202401/06/202309/05/202225/03/2021
General meeting26/03/202627/03/202528/03/202423/03/202324/03/202225/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202526/03/202617/06/2026FrenchPDF
Abridged model30/09/202427/03/202530/04/2025FrenchPDF
Abridged model30/09/202328/03/202416/05/2024FrenchPDF
Micro model30/09/202223/03/202301/06/2023FrenchPDF
Abridged model30/09/202124/03/202209/05/2022FrenchPDF
Abridged model30/09/202025/03/202125/03/2021FrenchPDF
Abridged model30/09/201902/03/202010/03/2020FrenchPDF
Abridged model30/09/201804/03/201913/03/2019FrenchPDF
Abridged model30/09/201722/03/201827/03/2018FrenchPDF
Abridged model30/09/201631/03/201711/05/2017FrenchPDF
Abridged model30/09/201524/03/201625/03/2016DutchPDF
Abridged model30/09/201426/03/201526/03/2015DutchPDF
Abridged model30/09/201327/03/201427/03/2014DutchPDF
Abridged model30/09/201228/03/201329/03/2013DutchPDF
Abridged model30/09/201122/03/201222/03/2012DutchPDF
Abridged model30/09/201024/03/201130/03/2011DutchPDF
Abridged model30/09/200925/03/201029/03/2010DutchPDF
Abridged model30/09/200826/03/200930/03/2009DutchPDF
Abridged model30/09/200727/03/200825/04/2008DutchPDF
Abridged model30/09/200622/03/200728/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 2 ended

Active mandates

Pascal DELFOSSE

Director

Active

Ended mandates

Pascal Delfosse

Manager · since 11 octobre 2005

Ended
Pascal DELFOSSE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/09/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/07/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office08/03/2006
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/11/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-223,1 k €↓
  2. 2024
    Annual accounts 2024-142,8 k €↓
  3. 2023
    Annual accounts 2023-34 k €↓
  4. 2022
    Annual accounts 2022520,8 k €↑
  5. 2021
    Annual accounts 20215,8 k €↓
  6. 2020
    Annual accounts 202088,9 k €↑
  7. 2019
    Annual accounts 201935,9 k €↑
  8. 2018
    Annual accounts 20188,7 k €↓
  9. 2017
    Annual accounts 201736,3 k €↑
  10. 2016
    Annual accounts 2016-6,8 k €↑
  11. 2015
    Annual accounts 2015-12,9 k €↓
  12. 2014
    Annual accounts 2014105,9 k €↓
  13. 2013
    Annual accounts 2013144,2 k €↑
  14. 2012
    Annual accounts 201280,8 k €↑
  15. 2011
    Annual accounts 20111,1 k €↓
  16. 2010
    Annual accounts 201034,3 k €↑
  17. 2009
    Annual accounts 200923,9 k €↑
  18. 2008
    Annual accounts 200810,6 k €↑
  19. 2007
    Annual accounts 2007-7,1 k €
  20. 25/10/2005
    IncorporationPrivate limited company