SHINE STONE: 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.
SHINE STONE
Largest movements
- Deferred charges and accrued income -€764
no longer reported in 2025 (was €764)
- Profit (loss) carried forward -€8,115
down €8,115 (-3.5%), from -€229,407 to -€237,522
- Other debts +€7,283
up €7,283 (+4.8%), from €153,156 to €160,439
- Trade debts +€68
up €68 (+3.5%), from €1,947 to €2,016
- Gross operating margin -€1,097
down €1,097 (-17.1%), from -€6,432 to -€7,530
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 | €767 | €3 | -€764 | -99.6% |
| Current assets | 29/58 | €767 | €3 | -€764 | -99.6% |
| Cash at bank and in hand | 54/58 | €3 | €3 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €764 | - | -€764 | |
| Total equity and liabilities | 10/49 | €767 | €3 | -€764 | -99.6% |
| Equity | 10/15 | -€154,336 | -€162,451 | -€8,115 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,471 | €56,471 | = | 0.0% |
| Distributable reserves | 133 | €56,471 | €56,471 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,407 | -€237,522 | -€8,115 | -3.5% |
| Amounts payable | 17/49 | €155,104 | €162,455 | +€7,351 | +4.7% |
| Amounts payable within one year | 42/48 | €155,104 | €162,455 | +€7,351 | +4.7% |
| Trade debts | 44 | €1,947 | €2,016 | +€68 | +3.5% |
| Suppliers | 440/4 | €1,947 | €2,016 | +€68 | +3.5% |
| Other amounts payable | 47/48 | €153,156 | €160,439 | +€7,283 | +4.8% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€6,432 | -€7,530 | -€1,097 | -17.1% |
| Operating profit (loss) | 9901 | -€7,001 | -€8,115 | -€1,114 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,001 | -€8,115 | -€1,114 | -15.9% |
| Profit (loss) for the period | 9904 | -€7,001 | -€8,115 | -€1,114 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,001 | -€8,115 | -€1,114 | -15.9% |
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 9 October 2026 via checked.be.