BAUMA-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.
What changed
BAUMA-STONE
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€40,798
2024 · -€338,441+€379,239
Equity
€3.8m
2024 · €3.8m+€20,744
Cash
€372,892
2024 · €163,016+€209,876
Balance sheet total
€9.9m
2024 · €8.8m+€1.1m
Largest movements
Assets
- Stocks and contracts +€1.9m
up €1.9m (+37.6%), from €5.0m to €6.9m
- Receivables within one year -€747,727
down €747,727 (-44.4%), from €1.7m to €934,859
of which Other amounts receivable: -€1.0m
- Tangible fixed assets -€291,507
down €291,507 (-15.2%), from €1.9m to €1.6m
of which Land and buildings: -€255,962
- Cash +€209,876
up €209,876 (+129%), from €163,016 to €372,892
mainly Receivables within one year (+€747,727) and Trade debts (+€588,509)
Equity and liabilities
- Trade debts +€588,509
up €588,509 (+60.8%), from €967,570 to €1.6m
- Short-term financial debts +€500,000
up €500,000 (+18.5%), from €2.7m to €3.2m
- Other debts +€335,000
new in 2025: €335,000
- Debts after one year -€273,683
down €273,683 (-29.7%), from €921,097 to €647,413
Income statement
- Goods and materials -€246,500
down €246,500 (-3.3%), from €7.5m to €7.2m
of which Change in stocks: decrease (increase): -€3.3m
- Turnover +€179,124
up €179,124 (+1.6%), from €11.3m to €11.5m
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.
Result 2024
-€338,441
Turnover
+€179,124
Other operating income
+€5,604
Goods and materials
+€246,500
Services and other goods
-€102,640
Staff costs
-€71,217
Depreciation
+€44,637
Write-downs
-€17,766
Other operating charges
+€704
Other operating items
+€91,434
Financial income
+€8,949
Financial charges
-€6,065
Taxes
-€25
Result 2025
€40,798
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€212,310
Investment
-€124,656
Financing
+€122,222
Cash 2024
€163,016
From operations (derived)
+€212,310
Net result for the year
+€40,798
Depreciation
+€416,164
Stocks and contracts
-€1.9m
Receivables within one year
+€747,727
Deferred charges and accrued income
-€96,716
Trade debts
+€588,509
Tax, wage and social debts
+€33,683
Other debts
+€335,000
Accrued charges and deferred income
+€20,781
Investment (derived)
-€124,656
Investment in fixed assets (net)
-€124,656
Financing
+€122,222
Debts after one year
-€273,683
Current portion of long-term debt
-€84,041
Short-term financial debts
+€500,000
Contributions, distributions and other
-€20,054
Cash 2025
€372,892
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,781,195 | €9,922,189 | +€1.1m | +13.0% |
| Fixed assets | 21/28 | €1,919,893 | €1,628,385 | -€291,507 | -15.2% |
| Tangible fixed assets | 22/27 | €1,919,893 | €1,628,385 | -€291,507 | -15.2% |
| Land and buildings | 22 | €1,653,087 | €1,397,126 | -€255,962 | -15.5% |
| Plant, machinery and equipment | 23 | €187,791 | €180,097 | -€7,694 | -4.1% |
| Furniture and vehicles | 24 | €49,898 | €32,933 | -€16,965 | -34.0% |
| Leasing and similar rights | 25 | €29,116 | €18,230 | -€10,886 | -37.4% |
| Current assets | 29/58 | €6,861,302 | €8,293,803 | +€1.4m | +20.9% |
| Stocks and contracts in progress | 3 | €4,985,210 | €6,858,847 | +€1.9m | +37.6% |
| Stocks | 30/36 | €4,985,210 | €6,858,847 | +€1.9m | +37.6% |
| Goods purchased for resale | 34 | €4,985,210 | €6,858,847 | +€1.9m | +37.6% |
| Amounts receivable within one year | 40/41 | €1,682,586 | €934,859 | -€747,727 | -44.4% |
| Trade receivables | 40 | €641,165 | €930,233 | +€289,068 | +45.1% |
| Other amounts receivable | 41 | €1,041,421 | €4,626 | -€1.0m | -99.6% |
| Cash at bank and in hand | 54/58 | €163,016 | €372,892 | +€209,876 | +129% |
| Deferred charges and accrued income | 490/1 | €30,490 | €127,206 | +€96,716 | +317% |
| Total equity and liabilities | 10/49 | €8,781,195 | €9,922,189 | +€1.1m | +13.0% |
| Equity | 10/15 | €3,785,612 | €3,806,356 | +€20,744 | +0.5% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Capital | 10 | €2,500,000 | €2,500,000 | = | 0.0% |
| Issued capital | 100 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €135,000 | €137,040 | +€2,040 | +1.5% |
| Non-distributable reserves | 130/1 | €135,000 | €137,040 | +€2,040 | +1.5% |
| Legal reserve | 130 | €135,000 | €137,040 | +€2,040 | +1.5% |
| Profit (loss) carried forward | 14 | €1,041,705 | €1,080,463 | +€38,758 | +3.7% |
| Investment grants | 15 | €108,907 | €88,853 | -€20,054 | -18.4% |
| Amounts payable | 17/49 | €4,995,583 | €6,115,833 | +€1.1m | +22.4% |
| Amounts payable after more than one year | 17 | €921,097 | €647,413 | -€273,683 | -29.7% |
| Financial debts | 170/4 | €921,097 | €647,413 | -€273,683 | -29.7% |
| Leasing and similar obligations | 172 | €6,091 | - | -€6,091 | |
| Credit institutions | 173 | €915,006 | €647,413 | -€267,592 | -29.2% |
| Amounts payable within one year | 42/48 | €4,074,486 | €5,447,638 | +€1.4m | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €356,607 | €272,566 | -€84,041 | -23.6% |
| Financial debts | 43 | €2,700,000 | €3,200,000 | +€500,000 | +18.5% |
| Credit institutions | 430/8 | €2,700,000 | €3,200,000 | +€500,000 | +18.5% |
| Trade debts | 44 | €967,570 | €1,556,079 | +€588,509 | +60.8% |
| Suppliers | 440/4 | €967,570 | €1,556,079 | +€588,509 | +60.8% |
| Taxes, remuneration and social security | 45 | €50,309 | €83,992 | +€33,683 | +67.0% |
| Taxes | 450/3 | €4,452 | €35,950 | +€31,498 | +707% |
| Remuneration and social security | 454/9 | €45,856 | €48,042 | +€2,185 | +4.8% |
| Other amounts payable | 47/48 | - | €335,000 | +€335,000 | |
| Accrued charges and deferred income | 492/3 | - | €20,781 | +€20,781 | |
| Operating income | 70/76A | €11,386,807 | €11,662,968 | +€276,162 | +2.4% |
| Turnover | 70 | €11,335,457 | €11,514,581 | +€179,124 | +1.6% |
| Other operating income | 74 | €26,989 | €32,593 | +€5,604 | +20.8% |
| Non-recurring operating income | 76A | €24,361 | €115,794 | +€91,434 | +375% |
| Operating charges | 60/66A | €11,433,526 | €11,333,307 | -€100,219 | -0.9% |
| Goods for resale, raw materials and consumables | 60 | €7,463,012 | €7,216,512 | -€246,500 | -3.3% |
| Purchases | 600/8 | €6,050,117 | €9,098,261 | +€3.0m | +50.4% |
| Change in stocks: decrease (increase) | 609 | €1,412,895 | -€1,881,748 | -€3.3m | |
| Services and other goods | 61 | €2,683,463 | €2,786,102 | +€102,640 | +3.8% |
| Remuneration, social security and pensions | 62 | €729,010 | €800,227 | +€71,217 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460,801 | €416,164 | -€44,637 | -9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,475 | €35,241 | +€17,766 | +102% |
| Other operating charges | 640/8 | €79,764 | €79,060 | -€704 | -0.9% |
| Operating profit (loss) | 9901 | -€46,719 | €329,662 | +€376,381 | |
| Financial income | 75/76B | €100,081 | €109,030 | +€8,949 | +8.9% |
| Recurring financial income | 75 | €100,081 | €109,030 | +€8,949 | +8.9% |
| Income from financial fixed assets | 750 | - | €16,302 | +€16,302 | |
| Other financial income | 752/9 | €100,081 | €92,728 | -€7,353 | -7.3% |
| Financial charges | 65/66B | €391,312 | €397,377 | +€6,065 | +1.5% |
| Recurring financial charges | 65 | €391,312 | €397,377 | +€6,065 | +1.5% |
| Debt charges | 650 | €175,588 | €169,458 | -€6,129 | -3.5% |
| Other financial charges | 652/9 | €215,725 | €227,919 | +€12,195 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€337,950 | €41,315 | +€379,265 | |
| Income taxes | 67/77 | €492 | €517 | +€25 | +5.1% |
| Taxes | 670/3 | €492 | €517 | +€25 | +5.1% |
| Profit (loss) for the period | 9904 | -€338,441 | €40,798 | +€379,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€338,441 | €40,798 | +€379,239 |
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 13 October 2026 via checked.be.