LIVING STONE PROJECTS: 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 PROJECTS
Largest movements
- Current investments +€637,101
up €637,101 (+126%), from €505,123 to €1.1m
- Cash -€633,287
down €633,287 (-71.3%), from €888,276 to €254,989
mainly Current investments (-€637,101) and Other debts (-€232,669)
- Reserves +€247,000
up €247,000 (+20.4%), from €1.2m to €1.5m
of which Distributable reserves: +€247,000
- Other debts -€232,669
down €232,669 (-99.0%), from €235,000 to €2,331
- Gross operating margin -€160,342
down €160,342 (-45.9%), from €349,650 to €189,308
- Financial income +€129,296
up €129,296 (+1,311%), from €9,861 to €139,158
- Taxes -€40,410
down €40,410 (-35.7%), from €113,109 to €72,699
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 | €1,494,266 | €1,496,025 | +€1,759 | +0.1% |
| Fixed assets | 21/28 | €14,949 | €9,467 | -€5,482 | -36.7% |
| Tangible fixed assets | 22/27 | €14,949 | €9,467 | -€5,482 | -36.7% |
| Land and buildings | 22 | €954 | €477 | -€477 | -50.0% |
| Plant, machinery and equipment | 23 | €6,557 | €4,606 | -€1,951 | -29.8% |
| Furniture and vehicles | 24 | €7,437 | €4,384 | -€3,053 | -41.1% |
| Current assets | 29/58 | €1,479,317 | €1,486,558 | +€7,241 | +0.5% |
| Amounts receivable within one year | 40/41 | €75,503 | €78,410 | +€2,908 | +3.9% |
| Trade receivables | 40 | €12,772 | €6,467 | -€6,305 | -49.4% |
| Other amounts receivable | 41 | €62,731 | €71,943 | +€9,212 | +14.7% |
| Current investments | 50/53 | €505,123 | €1,142,224 | +€637,101 | +126% |
| Cash at bank and in hand | 54/58 | €888,276 | €254,989 | -€633,287 | -71.3% |
| Deferred charges and accrued income | 490/1 | €10,415 | €10,934 | +€519 | +5.0% |
| Total equity and liabilities | 10/49 | €1,494,266 | €1,496,025 | +€1,759 | +0.1% |
| Equity | 10/15 | €1,228,103 | €1,476,071 | +€247,968 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,209,503 | €1,456,503 | +€247,000 | +20.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,207,643 | €1,454,643 | +€247,000 | +20.5% |
| Profit (loss) carried forward | 14 | - | €968 | +€968 | |
| Amounts payable | 17/49 | €266,162 | €19,954 | -€246,209 | -92.5% |
| Amounts payable within one year | 42/48 | €266,162 | €19,954 | -€246,209 | -92.5% |
| Trade debts | 44 | €8,041 | €8,698 | +€658 | +8.2% |
| Suppliers | 440/4 | €8,041 | €8,698 | +€658 | +8.2% |
| Taxes, remuneration and social security | 45 | €23,121 | €8,924 | -€14,198 | -61.4% |
| Taxes | 450/3 | €23,121 | €8,924 | -€14,198 | -61.4% |
| Other amounts payable | 47/48 | €235,000 | €2,331 | -€232,669 | -99.0% |
| Non-recurring operating income | 76A | - | €1,490 | +€1,490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,162 | €5,482 | -€680 | -11.0% |
| Other operating charges | 640/8 | €1,632 | €1,644 | +€11 | +0.7% |
| Gross operating margin | 9900 | €349,650 | €189,308 | -€160,342 | -45.9% |
| Operating profit (loss) | 9901 | €341,856 | €182,183 | -€159,673 | -46.7% |
| Financial income | 75/76B | €9,861 | €139,158 | +€129,296 | +1,311% |
| Recurring financial income | 75 | €9,861 | €139,158 | +€129,296 | +1,311% |
| Financial charges | 65/66B | €457 | €673 | +€216 | +47.3% |
| Recurring financial charges | 65 | €457 | €673 | +€216 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €351,260 | €320,667 | -€30,593 | -8.7% |
| Income taxes | 67/77 | €113,109 | €72,699 | -€40,410 | -35.7% |
| Profit (loss) for the period | 9904 | €238,151 | €247,968 | +€9,817 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €238,151 | €247,968 | +€9,817 | +4.1% |
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 23 October 2026 via checked.be.