AB STONE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AB STONE
Largest movements
- Cash +€21,687
up €21,687 (+254.7%), from €8,514 to €30,202
mainly Net result for the year (+€23,306) and Depreciation (+€7,445)
- Receivables after one year +€8,000
new in 2025: €8,000
- Tangible fixed assets -€7,445
down €7,445 (-30.4%), from €24,487 to €17,042
of which Furniture and vehicles: -€4,380
- Receivables within one year -€2,684
down €2,684 (-66.9%), from €4,010 to €1,326
of which Trade receivables: -€1,865
- Reserves +€20,000
up €20,000 (+1078.2%), from €1,855 to €21,855
- Tax, wage and social debts +€4,966
up €4,966 (+43.2%), from €11,486 to €16,452
of which Taxes: +€4,950
- Profit (loss) carried forward +€3,306
up €3,306 (+13.0%), from -€25,410 to -€22,104
- Debts after one year -€2,838
down €2,838 (-14.8%), from €19,236 to €16,398
- Current portion of long-term debt -€2,829
down €2,829 (-49.9%), from €5,667 to €2,838
- Gross operating margin +€14,706
up €14,706 (+64.6%), from €22,774 to €37,480
- Taxes +€4,773
up €4,773 (+2694.0%), from €177 to €4,950
- Depreciation -€1,894
down €1,894 (-20.3%), from €9,339 to €7,445
- Other operating charges +€1,155
up €1,155 (+172.1%), from €671 to €1,826
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,123 | €64,014 | +€19,891 | +45.1% |
| Fixed assets | 21/28 | €25,057 | €17,612 | -€7,445 | -29.7% |
| Tangible fixed assets | 22/27 | €24,487 | €17,042 | -€7,445 | -30.4% |
| Plant, machinery and equipment | 23 | €306 | €131 | -€175 | -57.1% |
| Furniture and vehicles | 24 | €9,732 | €5,352 | -€4,380 | -45.0% |
| Other tangible fixed assets | 26 | €14,448 | €11,559 | -€2,890 | -20.0% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €19,067 | €46,402 | +€27,335 | +143.4% |
| Amounts receivable after more than one year | 29 | - | €8,000 | +€8,000 | |
| Other amounts receivable | 291 | - | €8,000 | +€8,000 | |
| Amounts receivable within one year | 40/41 | €4,010 | €1,326 | -€2,684 | -66.9% |
| Trade receivables | 40 | €3,191 | €1,326 | -€1,865 | -58.4% |
| Other amounts receivable | 41 | €819 | - | -€819 | |
| Cash at bank and in hand | 54/58 | €8,514 | €30,202 | +€21,687 | +254.7% |
| Deferred charges and accrued income | 490/1 | €6,542 | €6,874 | +€332 | +5.1% |
| Total equity and liabilities | 10/49 | €44,123 | €64,014 | +€19,891 | +45.1% |
| Equity | 10/15 | -€17,355 | €5,951 | +€23,306 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €21,855 | +€20,000 | +1078.2% |
| Distributable reserves | 133 | €1,855 | €21,855 | +€20,000 | +1078.2% |
| Profit (loss) carried forward | 14 | -€25,410 | -€22,104 | +€3,306 | +13.0% |
| Amounts payable | 17/49 | €61,478 | €58,063 | -€3,415 | -5.6% |
| Amounts payable after more than one year | 17 | €19,236 | €16,398 | -€2,838 | -14.8% |
| Financial debts | 170/4 | €19,236 | €16,398 | -€2,838 | -14.8% |
| Amounts payable within one year | 42/48 | €40,243 | €39,215 | -€1,027 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €5,667 | €2,838 | -€2,829 | -49.9% |
| Trade debts | 44 | €2,551 | €1,694 | -€857 | -33.6% |
| Suppliers | 440/4 | €2,551 | €1,694 | -€857 | -33.6% |
| Taxes, remuneration and social security | 45 | €11,486 | €16,452 | +€4,966 | +43.2% |
| Taxes | 450/3 | €6,245 | €11,195 | +€4,950 | +79.3% |
| Remuneration and social security | 454/9 | €5,241 | €5,257 | +€16 | +0.3% |
| Other amounts payable | 47/48 | €20,539 | €18,231 | -€2,308 | -11.2% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,450 | +€450 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,339 | €7,445 | -€1,894 | -20.3% |
| Other operating charges | 640/8 | €671 | €1,826 | +€1,155 | +172.1% |
| Gross operating margin | 9900 | €22,774 | €37,480 | +€14,706 | +64.6% |
| Operating profit (loss) | 9901 | €12,764 | €28,210 | +€15,446 | +121.0% |
| Financial income | 75/76B | - | €277 | +€277 | |
| Recurring financial income | 75 | - | €277 | +€277 | |
| Financial charges | 65/66B | €450 | €231 | -€219 | -48.7% |
| Recurring financial charges | 65 | €450 | €231 | -€219 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €12,314 | €28,256 | +€15,942 | +129.5% |
| Income taxes | 67/77 | €177 | €4,950 | +€4,773 | +2694.0% |
| Profit (loss) for the period | 9904 | €12,137 | €23,306 | +€11,169 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,137 | €23,306 | +€11,169 | +92.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.