BALTA 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.
BALTA STONE
Largest movements
- Receivables within one year +€798
up €798 (+12.0%), from €6,652 to €7,450
of which Trade receivables: +€1,530
- Trade debts +€5,139
up €5,139 (+222%), from €2,311 to €7,450
- Profit (loss) carried forward -€4,639
down €4,639, from €1,309 to -€3,330
- Other debts +€2,396
up €2,396 (+123%), from €1,942 to €4,339
- Tax, wage and social debts -€2,186
no longer reported in 2025 (was €2,186)
of which Remuneration and social security: -€2,000
- Gross operating margin -€4,152
down €4,152, from €946 to -€3,206
- Other operating charges +€1,241
up €1,241 (+648%), from €192 to €1,433
- Financial charges -€184
no longer reported in 2025 (was €184)
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 | €13,134 | €13,845 | +€711 | +5.4% |
| Fixed assets | 21/28 | €354 | €354 | -€0 | -0.1% |
| Financial fixed assets | 28 | €354 | €354 | -€0 | -0.1% |
| Current assets | 29/58 | €12,780 | €13,491 | +€711 | +5.6% |
| Amounts receivable within one year | 40/41 | €6,652 | €7,450 | +€798 | +12.0% |
| Trade receivables | 40 | €5,920 | €7,450 | +€1,530 | +25.8% |
| Other amounts receivable | 41 | €732 | - | -€732 | |
| Cash at bank and in hand | 54/58 | €6,041 | €6,041 | +€0 | 0.0% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €13,134 | €13,845 | +€711 | +5.4% |
| Equity | 10/15 | €6,695 | €2,056 | -€4,639 | -69.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €5,385 | €5,385 | +€0 | 0.0% |
| Distributable reserves | 133 | €5,385 | €5,385 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €1,309 | -€3,330 | -€4,639 | |
| Amounts payable | 17/49 | €6,439 | €11,789 | +€5,349 | +83.1% |
| Amounts payable within one year | 42/48 | €6,439 | €11,789 | +€5,349 | +83.1% |
| Trade debts | 44 | €2,311 | €7,450 | +€5,139 | +222% |
| Suppliers | 440/4 | €2,311 | €7,450 | +€5,139 | +222% |
| Taxes, remuneration and social security | 45 | €2,186 | - | -€2,186 | |
| Taxes | 450/3 | €186 | - | -€186 | |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1,942 | €4,339 | +€2,396 | +123% |
| Other operating charges | 640/8 | €192 | €1,433 | +€1,241 | +648% |
| Gross operating margin | 9900 | €946 | -€3,206 | -€4,152 | |
| Operating profit (loss) | 9901 | €755 | -€4,639 | -€5,393 | |
| Financial charges | 65/66B | €184 | - | -€184 | |
| Recurring financial charges | 65 | €184 | - | -€184 | |
| Profit (loss) for the period before taxes | 9903 | €571 | -€4,639 | -€5,209 | |
| Profit (loss) for the period | 9904 | €571 | -€4,639 | -€5,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €571 | -€4,639 | -€5,209 |
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 15 October 2026 via checked.be.