ROUGH STONES: 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.
ROUGH STONES
Largest movements
- Receivables within one year -€22,218
down €22,218 (-100%), from €22,218 to €0
of which Trade receivables: -€18,218
- Deferred charges and accrued income +€12,131
up €12,131 (+463%), from €2,621 to €14,752
- Cash -€5,401
down €5,401 (-6.5%), from €83,403 to €78,002
mainly Contributions, distributions and other (-€118,248) and Deferred charges and accrued income (-€12,131)
- Profit (loss) carried forward -€65,150
down €65,150 (-100%), from €65,150 to €0
- Other debts +€52,790
up €52,790 (+543%), from €9,717 to €62,507
- Tax, wage and social debts -€2,770
down €2,770 (-27.8%), from €9,948 to €7,178
- Gross operating margin -€16,775
down €16,775 (-19.4%), from €86,476 to €69,701
- Taxes -€4,334
down €4,334 (-21.9%), from €19,764 to €15,430
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 | €108,707 | €92,754 | -€15,954 | -14.7% |
| Fixed assets | 21/28 | €465 | €0 | -€465 | -100% |
| Tangible fixed assets | 22/27 | €465 | €0 | -€465 | -100% |
| Plant, machinery and equipment | 23 | €465 | €0 | -€465 | -100% |
| Current assets | 29/58 | €108,242 | €92,754 | -€15,488 | -14.3% |
| Amounts receivable within one year | 40/41 | €22,218 | €0 | -€22,218 | -100% |
| Trade receivables | 40 | €18,218 | €0 | -€18,218 | -100% |
| Other amounts receivable | 41 | €4,000 | €0 | -€4,000 | -100% |
| Cash at bank and in hand | 54/58 | €83,403 | €78,002 | -€5,401 | -6.5% |
| Deferred charges and accrued income | 490/1 | €2,621 | €14,752 | +€12,131 | +463% |
| Total equity and liabilities | 10/49 | €108,707 | €92,754 | -€15,954 | -14.7% |
| Equity | 10/15 | €85,610 | €20,460 | -€65,150 | -76.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,150 | €0 | -€65,150 | -100% |
| Amounts payable | 17/49 | €23,097 | €72,294 | +€49,196 | +213% |
| Amounts payable within one year | 42/48 | €23,097 | €72,294 | +€49,196 | +213% |
| Trade debts | 44 | €3,433 | €2,608 | -€825 | -24.0% |
| Suppliers | 440/4 | €3,433 | €2,608 | -€825 | -24.0% |
| Taxes, remuneration and social security | 45 | €9,948 | €7,178 | -€2,770 | -27.8% |
| Taxes | 450/3 | €9,948 | €7,178 | -€2,770 | -27.8% |
| Other amounts payable | 47/48 | €9,717 | €62,507 | +€52,790 | +543% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €883 | €465 | -€418 | -47.3% |
| Other operating charges | 640/8 | €493 | €562 | +€69 | +14.0% |
| Gross operating margin | 9900 | €86,476 | €69,701 | -€16,775 | -19.4% |
| Operating profit (loss) | 9901 | €85,100 | €68,674 | -€16,426 | -19.3% |
| Financial income | 75/76B | €1 | €51 | +€50 | +4,980% |
| Recurring financial income | 75 | €1 | €51 | +€50 | +4,980% |
| Financial charges | 65/66B | €187 | €196 | +€9 | +5.0% |
| Recurring financial charges | 65 | €187 | €196 | +€9 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €84,914 | €68,528 | -€16,386 | -19.3% |
| Income taxes | 67/77 | €19,764 | €15,430 | -€4,334 | -21.9% |
| Profit (loss) for the period | 9904 | €65,150 | €53,098 | -€12,052 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,150 | €53,098 | -€12,052 | -18.5% |
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 25 October 2026 via checked.be.