LIVING 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.
LIVING STONE
Largest movements
- Receivables within one year -€303,527
down €303,527 (-47.4%), from €639,777 to €336,250
of which Other amounts receivable: -€276,270
- Intangible fixed assets +€79,590
new in 2025: €79,590
- Cash -€63,601
down €63,601 (-52.6%), from €120,932 to €57,332
mainly Contributions, distributions and other (-€280,183) and Investment in fixed assets (net) (-€94,242)
- Contributions -€164,480
down €164,480 (-80.0%), from €205,600 to €41,120
- Reserves -€87,055
down €87,055 (-60.2%), from €144,628 to €57,574
of which Distributable reserves: -€70,765
- Trade debts -€79,943
down €79,943 (-36.8%), from €217,107 to €137,165
- Tax, wage and social debts +€24,637
up €24,637 (+84.6%), from €29,132 to €53,769
of which Taxes: +€24,213
- Short-term financial debts +€16,832
up €16,832 (+9.5%), from €176,690 to €193,523
- Gross operating margin +€105,602
up €105,602 (+48.5%), from €217,686 to €323,288
- Staff costs +€96,555
up €96,555 (+56.7%), from €170,438 to €266,993
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 | €775,187 | €493,150 | -€282,037 | -36.4% |
| Fixed assets | 21/28 | €10,290 | €97,115 | +€86,825 | +844% |
| Intangible fixed assets | 21 | - | €79,590 | +€79,590 | |
| Tangible fixed assets | 22/27 | €10,290 | €10,385 | +€95 | +0.9% |
| Plant, machinery and equipment | 23 | €8,595 | €8,772 | +€177 | +2.1% |
| Furniture and vehicles | 24 | €1,695 | €1,613 | -€83 | -4.9% |
| Financial fixed assets | 28 | - | €7,140 | +€7,140 | |
| Current assets | 29/58 | €764,897 | €396,035 | -€368,862 | -48.2% |
| Amounts receivable within one year | 40/41 | €639,777 | €336,250 | -€303,527 | -47.4% |
| Trade receivables | 40 | €318,876 | €291,619 | -€27,257 | -8.5% |
| Other amounts receivable | 41 | €320,902 | €44,631 | -€276,270 | -86.1% |
| Cash at bank and in hand | 54/58 | €120,932 | €57,332 | -€63,601 | -52.6% |
| Deferred charges and accrued income | 490/1 | €4,187 | €2,453 | -€1,734 | -41.4% |
| Total equity and liabilities | 10/49 | €775,187 | €493,150 | -€282,037 | -36.4% |
| Equity | 10/15 | €350,228 | €98,694 | -€251,535 | -71.8% |
| Contributions | 10/11 | €205,600 | €41,120 | -€164,480 | -80.0% |
| Capital | 10 | €205,600 | - | -€205,600 | |
| Issued capital | 100 | €205,600 | - | -€205,600 | |
| Reserves | 13 | €144,628 | €57,574 | -€87,055 | -60.2% |
| Non-distributable reserves | 130/1 | €16,289 | - | -€16,289 | |
| Legal reserve | 130 | €16,289 | - | -€16,289 | |
| Distributable reserves | 133 | €128,339 | €57,574 | -€70,765 | -55.1% |
| Amounts payable | 17/49 | €424,959 | €394,456 | -€30,503 | -7.2% |
| Amounts payable within one year | 42/48 | €424,959 | €384,456 | -€40,503 | -9.5% |
| Financial debts | 43 | €176,690 | €193,523 | +€16,832 | +9.5% |
| Credit institutions | 430/8 | €176,690 | €193,523 | +€16,832 | +9.5% |
| Trade debts | 44 | €217,107 | €137,165 | -€79,943 | -36.8% |
| Suppliers | 440/4 | €217,107 | €137,165 | -€79,943 | -36.8% |
| Taxes, remuneration and social security | 45 | €29,132 | €53,769 | +€24,637 | +84.6% |
| Taxes | 450/3 | €5,793 | €30,006 | +€24,213 | +418% |
| Remuneration and social security | 454/9 | €23,339 | €23,763 | +€424 | +1.8% |
| Other amounts payable | 47/48 | €2,029 | - | -€2,029 | |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €170,438 | €266,993 | +€96,555 | +56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,405 | €7,417 | +€2,012 | +37.2% |
| Other operating charges | 640/8 | €302 | €311 | +€9 | +3.0% |
| Non-recurring operating charges | 66A | - | €9,901 | +€9,901 | |
| Gross operating margin | 9900 | €217,686 | €323,288 | +€105,602 | +48.5% |
| Operating profit (loss) | 9901 | €41,541 | €38,666 | -€2,875 | -6.9% |
| Financial income | 75/76B | €11,226 | €9,027 | -€2,199 | -19.6% |
| Recurring financial income | 75 | €11,226 | €9,027 | -€2,199 | -19.6% |
| Financial charges | 65/66B | €10,996 | €10,883 | -€114 | -1.0% |
| Recurring financial charges | 65 | €10,996 | €10,883 | -€114 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €41,770 | €36,810 | -€4,961 | -11.9% |
| Income taxes | 67/77 | €10,793 | €8,162 | -€2,631 | -24.4% |
| Profit (loss) for the period | 9904 | €30,977 | €28,648 | -€2,329 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,977 | €28,648 | -€2,329 | -7.5% |
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 18 October 2026 via checked.be.