D & D STONE-FIRE: 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.
D & D STONE-FIRE
Largest movements
- Tangible fixed assets -€54,592
down €54,592 (-7.9%), from €686,797 to €632,205
of which Land and buildings: -€52,504
- Stocks and contracts -€48,505
down €48,505 (-42.9%), from €112,993 to €64,488
- Cash +€19,210
up €19,210 (+271%), from €7,079 to €26,289
mainly Depreciation (+€54,592) and Stocks and contracts (+€48,505)
- Debts after one year -€78,901
down €78,901 (-17.2%), from €457,741 to €378,840
- Trade debts -€12,210
down €12,210 (-10.9%), from €112,308 to €100,098
- Short-term financial debts +€8,985
up €8,985 (+42.2%), from €21,284 to €30,269
- Staff costs +€8,598
up €8,598 (+13.5%), from €63,700 to €72,298
- Gross operating margin +€7,042
up €7,042 (+4.5%), from €156,209 to €163,252
- Taxes +€5,182
up €5,182 (+525%), from €986 to €6,169
- Financial charges -€4,551
down €4,551 (-17.7%), from €25,718 to €21,167
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 | €841,500 | €762,732 | -€78,767 | -9.4% |
| Fixed assets | 21/28 | €689,301 | €634,709 | -€54,592 | -7.9% |
| Tangible fixed assets | 22/27 | €686,797 | €632,205 | -€54,592 | -7.9% |
| Land and buildings | 22 | €678,672 | €626,168 | -€52,504 | -7.7% |
| Plant, machinery and equipment | 23 | €3,898 | €3,239 | -€659 | -16.9% |
| Furniture and vehicles | 24 | €4,227 | €2,798 | -€1,429 | -33.8% |
| Financial fixed assets | 28 | €2,504 | €2,504 | = | 0.0% |
| Current assets | 29/58 | €152,198 | €128,023 | -€24,175 | -15.9% |
| Stocks and contracts in progress | 3 | €112,993 | €64,488 | -€48,505 | -42.9% |
| Stocks | 30/36 | €112,993 | €64,488 | -€48,505 | -42.9% |
| Amounts receivable within one year | 40/41 | €14,729 | €21,169 | +€6,439 | +43.7% |
| Trade receivables | 40 | €14,729 | €20,870 | +€6,141 | +41.7% |
| Other amounts receivable | 41 | - | €298 | +€298 | |
| Cash at bank and in hand | 54/58 | €7,079 | €26,289 | +€19,210 | +271% |
| Deferred charges and accrued income | 490/1 | €17,398 | €16,078 | -€1,320 | -7.6% |
| Total equity and liabilities | 10/49 | €841,500 | €762,732 | -€78,767 | -9.4% |
| Equity | 10/15 | €147,454 | €152,250 | +€4,796 | +3.3% |
| Contributions | 10/11 | €182,000 | €182,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,546 | -€29,750 | +€4,796 | +13.9% |
| Amounts payable | 17/49 | €694,046 | €610,483 | -€83,563 | -12.0% |
| Amounts payable after more than one year | 17 | €457,741 | €378,840 | -€78,901 | -17.2% |
| Financial debts | 170/4 | €457,741 | €378,840 | -€78,901 | -17.2% |
| Amounts payable within one year | 42/48 | €236,305 | €231,643 | -€4,663 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €84,558 | €78,901 | -€5,657 | -6.7% |
| Financial debts | 43 | €21,284 | €30,269 | +€8,985 | +42.2% |
| Credit institutions | 430/8 | €21,284 | €30,269 | +€8,985 | +42.2% |
| Trade debts | 44 | €112,308 | €100,098 | -€12,210 | -10.9% |
| Suppliers | 440/4 | €112,308 | €100,098 | -€12,210 | -10.9% |
| Taxes, remuneration and social security | 45 | €5,324 | €10,239 | +€4,915 | +92.3% |
| Taxes | 450/3 | €2,819 | €8,094 | +€5,275 | +187% |
| Remuneration and social security | 454/9 | €2,505 | €2,144 | -€360 | -14.4% |
| Other amounts payable | 47/48 | €12,832 | €12,136 | -€696 | -5.4% |
| Non-recurring operating income | 76A | €5,782 | - | -€5,782 | |
| Remuneration, social security and pensions | 62 | €63,700 | €72,298 | +€8,598 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,120 | €54,592 | -€527 | -1.0% |
| Other operating charges | 640/8 | €4,224 | €4,370 | +€146 | +3.5% |
| Gross operating margin | 9900 | €156,209 | €163,252 | +€7,042 | +4.5% |
| Operating profit (loss) | 9901 | €33,165 | €31,991 | -€1,174 | -3.5% |
| Financial income | 75/76B | €45 | €141 | +€96 | +215% |
| Recurring financial income | 75 | €45 | €141 | +€96 | +215% |
| Financial charges | 65/66B | €25,718 | €21,167 | -€4,551 | -17.7% |
| Recurring financial charges | 65 | €25,718 | €21,167 | -€4,551 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €7,491 | €10,964 | +€3,473 | +46.4% |
| Income taxes | 67/77 | €986 | €6,169 | +€5,182 | +525% |
| Profit (loss) for the period | 9904 | €6,505 | €4,796 | -€1,709 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,505 | €4,796 | -€1,709 | -26.3% |
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.