BE.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.
BE.STONE
Largest movements
- Intangible fixed assets -€19,300
down €19,300 (-14.8%), from €130,275 to €110,975
- Cash +€10,225
up €10,225 (+445.4%), from €2,296 to €12,521
mainly Depreciation (+€29,585) and Receivables within one year (+€7,531)
- Receivables within one year -€7,531
down €7,531 (-39.2%), from €19,209 to €11,678
- Tangible fixed assets -€5,407
down €5,407 (-15.7%), from €34,524 to €29,118
of which Furniture and vehicles: -€4,582
- Other debts -€18,033
down €18,033 (-20.6%), from €87,406 to €69,373
- Reserves +€6,000
up €6,000 (+9.9%), from €60,640 to €66,640
- Debts after one year -€5,045
no longer reported in 2025 (was €5,045)
- Current portion of long-term debt -€3,415
down €3,415 (-40.4%), from €8,459 to €5,045
- Tax, wage and social debts -€3,370
down €3,370 (-20.2%), from €16,725 to €13,355
of which Remuneration and social security: -€2,951
- Gross operating margin -€13,226
down €13,226 (-24.4%), from €54,201 to €40,976
- Taxes -€4,260
down €4,260 (-49.5%), from €8,597 to €4,338
- Depreciation +€1,300
up €1,300 (+4.6%), from €28,285 to €29,585
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 | €187,736 | €165,481 | -€22,255 | -11.9% |
| Fixed assets | 21/28 | €164,799 | €140,093 | -€24,707 | -15.0% |
| Intangible fixed assets | 21 | €130,275 | €110,975 | -€19,300 | -14.8% |
| Tangible fixed assets | 22/27 | €34,524 | €29,118 | -€5,407 | -15.7% |
| Furniture and vehicles | 24 | €26,308 | €21,726 | -€4,582 | -17.4% |
| Other tangible fixed assets | 26 | €8,216 | €7,392 | -€825 | -10.0% |
| Current assets | 29/58 | €22,937 | €25,388 | +€2,451 | +10.7% |
| Amounts receivable within one year | 40/41 | €19,209 | €11,678 | -€7,531 | -39.2% |
| Trade receivables | 40 | €19,209 | €11,678 | -€7,531 | -39.2% |
| Cash at bank and in hand | 54/58 | €2,296 | €12,521 | +€10,225 | +445.4% |
| Deferred charges and accrued income | 490/1 | €1,433 | €1,190 | -€243 | -16.9% |
| Total equity and liabilities | 10/49 | €187,736 | €165,481 | -€22,255 | -11.9% |
| Equity | 10/15 | €69,105 | €75,191 | +€6,085 | +8.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,640 | €66,640 | +€6,000 | +9.9% |
| Distributable reserves | 133 | €60,640 | €66,640 | +€6,000 | +9.9% |
| Profit (loss) carried forward | 14 | €5,465 | €5,551 | +€85 | +1.6% |
| Amounts payable | 17/49 | €118,631 | €90,290 | -€28,341 | -23.9% |
| Amounts payable after more than one year | 17 | €5,045 | - | -€5,045 | |
| Financial debts | 170/4 | €5,045 | - | -€5,045 | |
| Amounts payable within one year | 42/48 | €113,586 | €90,290 | -€23,296 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €8,459 | €5,045 | -€3,415 | -40.4% |
| Trade debts | 44 | €995 | €2,518 | +€1,522 | +153.0% |
| Suppliers | 440/4 | €995 | €2,518 | +€1,522 | +153.0% |
| Taxes, remuneration and social security | 45 | €16,725 | €13,355 | -€3,370 | -20.2% |
| Taxes | 450/3 | €13,769 | €13,350 | -€419 | -3.0% |
| Remuneration and social security | 454/9 | €2,956 | €5 | -€2,951 | -99.8% |
| Other amounts payable | 47/48 | €87,406 | €69,373 | -€18,033 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,285 | €29,585 | +€1,300 | +4.6% |
| Other operating charges | 640/8 | €548 | €571 | +€23 | +4.1% |
| Gross operating margin | 9900 | €54,201 | €40,976 | -€13,226 | -24.4% |
| Operating profit (loss) | 9901 | €25,368 | €10,820 | -€14,548 | -57.3% |
| Financial charges | 65/66B | €658 | €397 | -€261 | -39.7% |
| Recurring financial charges | 65 | €658 | €397 | -€261 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €24,710 | €10,423 | -€14,287 | -57.8% |
| Income taxes | 67/77 | €8,597 | €4,338 | -€4,260 | -49.5% |
| Profit (loss) for the period | 9904 | €16,113 | €6,085 | -€10,028 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,113 | €6,085 | -€10,028 | -62.2% |
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 9 October 2026 via checked.be.