AC STONE: what changed
Two financial 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.
AC STONE
Largest movements
- Receivables within one year -€18,811
down €18,811 (-46.7%), from €40,255 to €21,444
of which Trade receivables: -€27,703
- Tangible fixed assets +€6,864
up €6,864 (+116%), from €5,936 to €12,800
of which Plant, machinery and equipment: +€4,526
- Cash -€6,381
no longer reported in 2025 (was €6,381)
mainly Net result for the year (-€61,906) and Investment in fixed assets (net) (-€10,178)
- Profit (loss) carried forward -€61,906
down €61,906, from €23,525 to -€38,381
- Trade debts +€19,560
up €19,560 (+112%), from €17,403 to €36,963
- Accrued charges and deferred income +€10,877
up €10,877 (+3,777%), from €288 to €11,165
- Short-term financial debts +€8,155
new in 2025: €8,155
- Tax, wage and social debts +€5,074
up €5,074 (+53.1%), from €9,561 to €14,635
of which Remuneration and social security: +€2,812
- Purchases and services +€216,683
up €216,683 (+126%), from €171,853 to €388,536
- Gross operating margin -€116,263
down €116,263, from €60,657 to -€55,606
- Staff costs -€26,793
down €26,793 (-95.6%), from €28,027 to €1,234
- Taxes -€8,000
no longer reported in 2025 (was €8,000)
- Depreciation +€2,925
up €2,925 (+972%), from €301 to €3,226
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.
Derived cash bridge
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 | €52,777 | €34,537 | -€18,240 | -34.6% |
| Fixed assets | 21/28 | €6,141 | €13,093 | +€6,952 | +113% |
| Tangible fixed assets | 22/27 | €5,936 | €12,800 | +€6,864 | +116% |
| Plant, machinery and equipment | 23 | €610 | €5,136 | +€4,526 | +742% |
| Furniture and vehicles | 24 | €5,326 | €7,664 | +€2,338 | +43.9% |
| Financial fixed assets | 28 | €205 | €293 | +€88 | +42.9% |
| Current assets | 29/58 | €46,636 | €21,444 | -€25,192 | -54.0% |
| Amounts receivable within one year | 40/41 | €40,255 | €21,444 | -€18,811 | -46.7% |
| Trade receivables | 40 | €37,962 | €10,259 | -€27,703 | -73.0% |
| Other amounts receivable | 41 | €2,293 | €11,185 | +€8,892 | +388% |
| Cash at bank and in hand | 54/58 | €6,381 | - | -€6,381 | |
| Total equity and liabilities | 10/49 | €52,777 | €34,537 | -€18,240 | -34.6% |
| Equity | 10/15 | €25,525 | -€36,381 | -€61,906 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,525 | -€38,381 | -€61,906 | |
| Amounts payable | 17/49 | €27,252 | €70,918 | +€43,666 | +160% |
| Amounts payable within one year | 42/48 | €26,964 | €59,753 | +€32,789 | +122% |
| Financial debts | 43 | - | €8,155 | +€8,155 | |
| Credit institutions | 430/8 | - | €8,155 | +€8,155 | |
| Trade debts | 44 | €17,403 | €36,963 | +€19,560 | +112% |
| Suppliers | 440/4 | €17,403 | €36,963 | +€19,560 | +112% |
| Taxes, remuneration and social security | 45 | €9,561 | €14,635 | +€5,074 | +53.1% |
| Taxes | 450/3 | €8,238 | €10,500 | +€2,262 | +27.5% |
| Remuneration and social security | 454/9 | €1,323 | €4,135 | +€2,812 | +213% |
| Accrued charges and deferred income | 492/3 | €288 | €11,165 | +€10,877 | +3,777% |
| Goods, raw materials, services and sundry goods | 60/61 | €171,853 | €388,536 | +€216,683 | +126% |
| Remuneration, social security and pensions | 62 | €28,027 | €1,234 | -€26,793 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | €3,226 | +€2,925 | +972% |
| Other operating charges | 640/8 | €758 | €1,156 | +€398 | +52.5% |
| Gross operating margin | 9900 | €60,657 | -€55,606 | -€116,263 | |
| Operating profit (loss) | 9901 | €31,571 | -€61,222 | -€92,793 | |
| Financial charges | 65/66B | €46 | €684 | +€638 | +1,387% |
| Recurring financial charges | 65 | €46 | €684 | +€638 | +1,387% |
| Profit (loss) for the period before taxes | 9903 | €31,525 | -€61,906 | -€93,431 | |
| Income taxes | 67/77 | €8,000 | - | -€8,000 | |
| Profit (loss) for the period | 9904 | €23,525 | -€61,906 | -€85,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,525 | -€61,906 | -€85,431 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.