Stone attitude: 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.
Stone attitude
Largest movements
- Current investments -€16,619
down €16,619 (-16.6%), from €100,000 to €83,381
- Cash +€12,767
up €12,767 (+13.6%), from €93,814 to €106,581
mainly Depreciation (+€35,095) and Current investments (+€16,619)
- Receivables within one year -€9,023
down €9,023 (-8.8%), from €102,887 to €93,864
of which Other amounts receivable: -€6,526
- Deferred charges and accrued income +€7,261
up €7,261 (+186%), from €3,913 to €11,174
- Trade debts -€18,733
down €18,733 (-90.7%), from €20,652 to €1,919
- Other debts +€15,106
up €15,106, from €0 to €15,106
- Provisions +€7,597
up €7,597 (+14.7%), from €51,562 to €59,158
- Debts after one year -€6,127
down €6,127 (-7.1%), from €86,313 to €80,186
- Current portion of long-term debt +€5,937
up €5,937 (+23.0%), from €25,794 to €31,731
- Financial charges +€48,393
up €48,393 (+785%), from €6,169 to €54,562
- Provisions -€43,965
down €43,965 (-85.3%), from €51,562 to €7,597
- Gross operating margin +€35,203
up €35,203 (+23.6%), from €149,443 to €184,645
- Staff costs -€11,583
down €11,583 (-11.2%), from €103,254 to €91,671
- Financial income +€4,795
up €4,795 (+98.9%), from €4,850 to €9,645
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,837 | €425,737 | -€2,100 | -0.5% |
| Fixed assets | 21/28 | €127,224 | €130,737 | +€3,513 | +2.8% |
| Tangible fixed assets | 22/27 | €126,645 | €130,159 | +€3,513 | +2.8% |
| Plant, machinery and equipment | 23 | €3,541 | €3,346 | -€195 | -5.5% |
| Furniture and vehicles | 24 | €123,104 | €126,813 | +€3,709 | +3.0% |
| Financial fixed assets | 28 | €579 | €579 | = | 0.0% |
| Current assets | 29/58 | €300,613 | €295,000 | -€5,613 | -1.9% |
| Amounts receivable within one year | 40/41 | €102,887 | €93,864 | -€9,023 | -8.8% |
| Trade receivables | 40 | €58,436 | €55,939 | -€2,497 | -4.3% |
| Other amounts receivable | 41 | €44,450 | €37,925 | -€6,526 | -14.7% |
| Current investments | 50/53 | €100,000 | €83,381 | -€16,619 | -16.6% |
| Cash at bank and in hand | 54/58 | €93,814 | €106,581 | +€12,767 | +13.6% |
| Deferred charges and accrued income | 490/1 | €3,913 | €11,174 | +€7,261 | +186% |
| Total equity and liabilities | 10/49 | €427,837 | €425,737 | -€2,100 | -0.5% |
| Equity | 10/15 | €207,465 | €205,950 | -€1,515 | -0.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €258,401 | €258,401 | = | 0.0% |
| Distributable reserves | 133 | €258,401 | €258,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,937 | -€53,452 | -€1,515 | -2.9% |
| Provisions and deferred taxes | 16 | €51,562 | €59,158 | +€7,597 | +14.7% |
| Provisions for liabilities and charges | 160/5 | €51,562 | €59,158 | +€7,597 | +14.7% |
| Other liabilities and charges | 164/5 | €51,562 | €59,158 | +€7,597 | +14.7% |
| Amounts payable | 17/49 | €168,811 | €160,629 | -€8,182 | -4.8% |
| Amounts payable after more than one year | 17 | €86,313 | €80,186 | -€6,127 | -7.1% |
| Financial debts | 170/4 | €86,313 | €80,186 | -€6,127 | -7.1% |
| Amounts payable within one year | 42/48 | €82,498 | €80,443 | -€2,055 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €25,794 | €31,731 | +€5,937 | +23.0% |
| Financial debts | 43 | €10,109 | €10,097 | -€13 | -0.1% |
| Credit institutions | 430/8 | €10,109 | €10,097 | -€13 | -0.1% |
| Trade debts | 44 | €20,652 | €1,919 | -€18,733 | -90.7% |
| Suppliers | 440/4 | €20,652 | €1,919 | -€18,733 | -90.7% |
| Taxes, remuneration and social security | 45 | €25,943 | €21,591 | -€4,352 | -16.8% |
| Taxes | 450/3 | €17,965 | €680 | -€17,285 | -96.2% |
| Remuneration and social security | 454/9 | €7,978 | €20,911 | +€12,933 | +162% |
| Other amounts payable | 47/48 | €0 | €15,106 | +€15,106 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €16,291 | €413 | -€15,878 | -97.5% |
| Remuneration, social security and pensions | 62 | €103,254 | €91,671 | -€11,583 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,049 | €35,095 | +€3,046 | +9.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €51,562 | €7,597 | -€43,965 | -85.3% |
| Other operating charges | 640/8 | €2,608 | €1,476 | -€1,132 | -43.4% |
| Non-recurring operating charges | 66A | €5,916 | €640 | -€5,276 | -89.2% |
| Gross operating margin | 9900 | €149,443 | €184,645 | +€35,203 | +23.6% |
| Operating profit (loss) | 9901 | -€45,946 | €48,166 | +€94,113 | |
| Financial income | 75/76B | €4,850 | €9,645 | +€4,795 | +98.9% |
| Recurring financial income | 75 | €4,850 | €9,645 | +€4,795 | +98.9% |
| Financial charges | 65/66B | €6,169 | €54,562 | +€48,393 | +785% |
| Recurring financial charges | 65 | €6,169 | €54,562 | +€48,393 | +785% |
| Profit (loss) for the period before taxes | 9903 | -€47,265 | €3,250 | +€50,514 | |
| Income taxes | 67/77 | €4,672 | €4,765 | +€93 | +2.0% |
| Profit (loss) for the period | 9904 | -€51,937 | -€1,515 | +€50,421 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,937 | -€1,515 | +€50,421 | +97.1% |
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 19 October 2026 via checked.be.