ACTIVE

SANDSTONE

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Financial year 2025 · closed on 31/12/2025

Net result

17,9 k €

+8.7% YoY

Gross margin

253,4 k €

+0.9% YoY

Equity

997,4 k €

+1.8% YoY

What does SANDSTONE do?

SANDSTONE is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.654.619

Incorporation

18/06/2008

Legal form

Private limited company

Registered office

Val des Bécasses 8
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

90 430,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 70100Activities of head offices 70100Activities of head offices 70210Public relations and communication activities 73200Market research and public opinion polling+2

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	253,4 k €	+0.9%	251,0 k €	+20.0%	209,1 k €	-21.1%	265,0 k €	-4.9%	278,7 k €	+17.7%	236,9 k €	-9.2%	260,8 k €	-21.4%	332,1 k €	-10.9%	372,6 k €	-7.3%	401,9 k €	-12.2%	457,7 k €	+134%	195,5 k €	+72.5%	113,3 k €	-89.7%	1,1 M €	+714%	135,9 k €	+30.3%	104,3 k €	+55.6%	67,0 k €
EBITDA	239,6 k €	+3.4%	231,7 k €	+20.8%	191,8 k €	-22.7%	248,1 k €	-2.9%	255,5 k €	+18.5%	215,5 k €	-4.8%	226,3 k €	-23.6%	296,3 k €	-9.5%	327,6 k €	+10.4%	296,7 k €	-17.4%	359,3 k €	+156%	140,1 k €	+57.5%	89,0 k €	-91.9%	1,1 M €	+722%	133,5 k €	+29.8%	102,9 k €	+55.3%	66,2 k €
Operating result	185,8 k €	+4.5%	177,8 k €	+27.5%	139,4 k €	-28.9%	196,1 k €	-3.9%	203,9 k €	+23.6%	165,0 k €	+3.3%	159,8 k €	-34.9%	245,3 k €	-11.4%	276,9 k €	+21.4%	228,0 k €	-8.1%	248,1 k €	+248%	71,2 k €	+238%	21,1 k €	-97.6%	859,7 k €	+882%	87,6 k €	+9.9%	79,7 k €	+69.4%	47,0 k €
Net result	17,9 k €	+8.7%	16,4 k €	+1228%	1,2 k €	-98.3%	71,9 k €	+11.1%	64,6 k €	+57.4%	41,1 k €	+253%	-26,9 k €	-144%	60,5 k €	-1.5%	61,4 k €	+21.8%	50,4 k €	-25.4%	67,6 k €	+236%	-49,6 k €	-173%	-18,1 k €	-103%	546,5 k €	+982%	50,5 k €	+2.4%	49,3 k €	+71.4%	28,8 k €
Balance sheet
Equity	997,4 k €	+1.8%	979,5 k €	+1.7%	963,1 k €	+0.1%	961,9 k €	+8.1%	890,0 k €	+7.8%	825,4 k €	+5.2%	784,3 k €	-3.3%	811,2 k €	+8.1%	750,6 k €	+8.9%	689,2 k €	+7.9%	638,8 k €	+11.8%	571,2 k €	-8.0%	620,7 k €	-4.1%	647,5 k €	+541%	101,0 k €	+11.6%	90,5 k €	+120%	41,2 k €
Total assets	4,8 M €	-23.6%	6,2 M €	+7.1%	5,8 M €	-13.6%	6,7 M €	-10.9%	7,6 M €	+12.5%	6,7 M €	+12.5%	6,0 M €	-10.4%	6,7 M €	-11.5%	7,5 M €	+0.3%	7,5 M €	+5.3%	7,1 M €	+42.2%	5,0 M €	+105%	2,4 M €	+24.9%	2,0 M €	+270%	530,3 k €	+77.0%	299,6 k €	+75.6%	170,6 k €
Cash	121,6 k €	+356%	26,6 k €	-87.8%	218,9 k €	-55.2%	488,9 k €	+32.9%	367,9 k €	+28.7%	285,9 k €	-39.5%	472,3 k €	-18.9%	582,1 k €	-21.2%	738,6 k €	+86.6%	395,9 k €	+18.0%	335,4 k €	+375%	70,7 k €	-61.9%	185,4 k €	+9.9%	168,7 k €	+75.5%	96,1 k €	+43.1%	67,2 k €	+11.6%	60,2 k €
Debts	3,6 M €	-27.4%	5,0 M €	+8.6%	4,6 M €	-17.0%	5,6 M €	-14.4%	6,5 M €	+13.1%	5,7 M €	+11.3%	5,2 M €	-10.2%	5,7 M €	-14.3%	6,7 M €	+0.2%	6,7 M €	+4.4%	6,4 M €	+49.6%	4,3 M €	+135%	1,8 M €	+39.2%	1,3 M €	+227%	398,6 k €	+106%	193,7 k €	+68.5%	115,0 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,3 ETP	-87.5%	2,4 ETP	-20.0%	3,0 ETP	+100%	1,5 ETP	+400%	0,3 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

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

Active mandates

AGNES MACE de GASTINES

Administrator - manager

Active

PHILIPPE de WOUTERS d'OPLINTER

Administrator - manager

Active

Ended mandates

AGNES MACE de GASTINES

Manager

Ended

PHILIPPE de WOUTERS d'OPLINTER

Manager

Ended

At this address

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Unité TVA Sandstone-Realstone● Active	0674.931.443

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	29/08/2025	22/08/2024	01/09/2023	05/08/2022	13/08/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	28/08/2026	French	PDF
Abridged model	31/12/2024	04/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	22/08/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	01/06/2022	05/08/2022	French	PDF
Abridged model	31/12/2020	02/06/2021	13/08/2021	French	PDF
Abridged model	31/12/2019	03/06/2020	24/09/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	12/08/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	17/08/2018	French	PDF
Abridged model	31/12/2016	07/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	09/07/2014	French	PDF
Abridged model	31/12/2012	06/03/2013	30/08/2013	French	PDF
Abridged model	30/09/2011	07/03/2012	09/05/2012	French	PDF
Abridged model	30/09/2010	02/03/2011	08/04/2011	French	PDF
Abridged model	30/09/2009	03/03/2010	28/04/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 ended

Active mandates

AGNES MACE de GASTINES

Administrator - manager

Active

PHILIPPE de WOUTERS d'OPLINTER

Administrator - manager

Active

Ended mandates

AGNES MACE de GASTINES

Manager

Ended

PHILIPPE de WOUTERS d'OPLINTER

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other08/10/2012
ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/06/2009
DEMISSIONS, NOMINATIONS
PDF
Other20/06/2008
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

2025
Annual accounts 202517,9 k €↑
2024
Annual accounts 202416,4 k €↑
2023
Annual accounts 20231,2 k €↓
2022
Annual accounts 202271,9 k €↑
2021
Annual accounts 202164,6 k €↑
2020
Annual accounts 202041,1 k €↑
2019
Annual accounts 2019-26,9 k €↓
2018
Annual accounts 201860,5 k €↓
2017
Annual accounts 201761,4 k €↑
2016
Annual accounts 201650,4 k €↓
2015
Annual accounts 201567,6 k €↑
2014
Annual accounts 2014-49,6 k €↓
2013
Annual accounts 2013-18,1 k €↓
2012
Annual accounts 2012546,5 k €↑
2011
Annual accounts 201150,5 k €↑
2010
Annual accounts 201049,3 k €↑
2009
Annual accounts 200928,8 k €
18/06/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SANDSTONE

Overview

What does SANDSTONE do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline