Cobblestones: 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.
Cobblestones
Largest movements
- Tangible fixed assets -€24,294
down €24,294 (-55.5%), from €43,808 to €19,514
of which Furniture and vehicles: -€27,098
- Stocks and contracts +€20,952
new in 2025: €20,952
- Cash -€7,146
down €7,146 (-69.8%), from €10,240 to €3,094
mainly Stocks and contracts (-€20,952) and Other debts (-€15,000)
- Receivables within one year +€1,800
up €1,800 (+1099.9%), from €164 to €1,963
of which Trade receivables: +€1,822
- Deferred charges and accrued income +€1,627
up €1,627 (+417.3%), from €390 to €2,017
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Profit (loss) carried forward +€12,082
up €12,082 (+17.1%), from -€70,797 to -€58,715
- Current portion of long-term debt -€2,037
no longer reported in 2025 (was €2,037)
- Trade debts -€1,891
down €1,891 (-62.4%), from €3,031 to €1,140
- Gross operating margin +€13,543
up €13,543 (+375.4%), from €3,608 to €17,151
- Depreciation -€7,913
down €7,913 (-77.2%), from €10,251 to €2,337
- Other operating charges +€1,991
up €1,991 (+309.3%), from €644 to €2,635
- Financial charges -€530
down €530 (-84.4%), from €628 to €98
of which Non-recurring financial charges: -€317
- Financial income -€224
down €224 (-99.1%), from €226 to €2
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 | €54,602 | €47,540 | -€7,062 | -12.9% |
| Fixed assets | 21/28 | €43,808 | €19,514 | -€24,294 | -55.5% |
| Tangible fixed assets | 22/27 | €43,808 | €19,514 | -€24,294 | -55.5% |
| Plant, machinery and equipment | 23 | €12,751 | €15,556 | +€2,804 | +22.0% |
| Furniture and vehicles | 24 | €31,057 | €3,958 | -€27,098 | -87.3% |
| Current assets | 29/58 | €10,794 | €28,026 | +€17,232 | +159.6% |
| Stocks and contracts in progress | 3 | - | €20,952 | +€20,952 | |
| Stocks | 30/36 | - | €20,952 | +€20,952 | |
| Amounts receivable within one year | 40/41 | €164 | €1,963 | +€1,800 | +1099.9% |
| Trade receivables | 40 | - | €1,822 | +€1,822 | |
| Other amounts receivable | 41 | €164 | €141 | -€23 | -13.8% |
| Cash at bank and in hand | 54/58 | €10,240 | €3,094 | -€7,146 | -69.8% |
| Deferred charges and accrued income | 490/1 | €390 | €2,017 | +€1,627 | +417.3% |
| Total equity and liabilities | 10/49 | €54,602 | €47,540 | -€7,062 | -12.9% |
| Equity | 10/15 | €33,894 | €45,976 | +€12,082 | +35.6% |
| Contributions | 10/11 | €8,670 | €8,670 | = | 0.0% |
| Reserves | 13 | €96,021 | €96,021 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €94,166 | €94,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,797 | -€58,715 | +€12,082 | +17.1% |
| Amounts payable | 17/49 | €20,708 | €1,563 | -€19,144 | -92.5% |
| Amounts payable within one year | 42/48 | €20,673 | €1,563 | -€19,109 | -92.4% |
| Current portion of amounts payable after more than one year | 42 | €2,037 | - | -€2,037 | |
| Trade debts | 44 | €3,031 | €1,140 | -€1,891 | -62.4% |
| Suppliers | 440/4 | €3,031 | €1,140 | -€1,891 | -62.4% |
| Taxes, remuneration and social security | 45 | €605 | €423 | -€181 | -30.0% |
| Taxes | 450/3 | €605 | €423 | -€181 | -30.0% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Accrued charges and deferred income | 492/3 | €35 | - | -€35 | |
| Non-recurring operating income | 76A | - | €4,893 | +€4,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,251 | €2,337 | -€7,913 | -77.2% |
| Other operating charges | 640/8 | €644 | €2,635 | +€1,991 | +309.3% |
| Gross operating margin | 9900 | €3,608 | €17,151 | +€13,543 | +375.4% |
| Operating profit (loss) | 9901 | -€7,287 | €12,179 | +€19,465 | |
| Financial income | 75/76B | €226 | €2 | -€224 | -99.1% |
| Recurring financial income | 75 | €226 | €2 | -€224 | -99.1% |
| Financial charges | 65/66B | €628 | €98 | -€530 | -84.4% |
| Recurring financial charges | 65 | €311 | €98 | -€214 | -68.6% |
| Non-recurring financial charges | 66B | €317 | - | -€317 | |
| Profit (loss) for the period before taxes | 9903 | -€7,689 | €12,083 | +€19,772 | |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€7,689 | €12,082 | +€19,771 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,689 | €12,082 | +€19,771 |
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 30 September 2026 via checked.be.