STONE BUILD: 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.
STONE BUILD
Largest movements
- Cash +€276,349
up €276,349 (+6894.7%), from €4,008 to €280,357
mainly Debts after one year (+€426,232) and Net result for the year (+€219,110)
- Tangible fixed assets -€85,224
down €85,224 (-9.1%), from €941,194 to €855,970
of which Land and buildings: -€83,899
- Receivables within one year +€12,240
up €12,240, from €0 to €12,240
- Other debts -€443,539
down €443,539 (-69.3%), from €640,037 to €196,498
- Debts after one year +€426,232
new in 2025: €426,232
- Profit (loss) carried forward +€219,110
up €219,110 (+87.5%), from -€250,520 to -€31,410
- Gross operating margin +€319,658
up €319,658, from -€25,616 to €294,041
- Depreciation +€12,082
up €12,082 (+23.7%), from €50,942 to €63,023
- Taxes +€5,623
new in 2025: €5,623
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 | €948,741 | €1,150,044 | +€201,303 | +21.2% |
| Fixed assets | 21/28 | €942,626 | €857,403 | -€85,224 | -9.0% |
| Tangible fixed assets | 22/27 | €941,194 | €855,970 | -€85,224 | -9.1% |
| Land and buildings | 22 | €717,147 | €633,248 | -€83,899 | -11.7% |
| Plant, machinery and equipment | 23 | €8,455 | €7,536 | -€919 | -10.9% |
| Furniture and vehicles | 24 | €1,932 | €1,527 | -€406 | -21.0% |
| Other tangible fixed assets | 26 | €213,659 | €213,659 | = | 0.0% |
| Financial fixed assets | 28 | €1,432 | €1,432 | = | 0.0% |
| Current assets | 29/58 | €6,115 | €292,642 | +€286,527 | +4685.6% |
| Amounts receivable within one year | 40/41 | €0 | €12,240 | +€12,240 | |
| Other amounts receivable | 41 | €0 | €12,240 | +€12,240 | |
| Cash at bank and in hand | 54/58 | €4,008 | €280,357 | +€276,349 | +6894.7% |
| Deferred charges and accrued income | 490/1 | €2,107 | €45 | -€2,062 | -97.9% |
| Total equity and liabilities | 10/49 | €948,741 | €1,150,044 | +€201,303 | +21.2% |
| Equity | 10/15 | €302,283 | €521,393 | +€219,110 | +72.5% |
| Contributions | 10/11 | €552,803 | €552,803 | = | 0.0% |
| Capital | 10 | €552,803 | €552,803 | = | 0.0% |
| Issued capital | 100 | €552,803 | €552,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€250,520 | -€31,410 | +€219,110 | +87.5% |
| Amounts payable | 17/49 | €646,459 | €628,652 | -€17,807 | -2.8% |
| Amounts payable after more than one year | 17 | - | €426,232 | +€426,232 | |
| Other amounts payable | 178/9 | - | €426,232 | +€426,232 | |
| Amounts payable within one year | 42/48 | €646,036 | €202,420 | -€443,616 | -68.7% |
| Trade debts | 44 | €5,999 | €298 | -€5,701 | -95.0% |
| Suppliers | 440/4 | €5,999 | €298 | -€5,701 | -95.0% |
| Taxes, remuneration and social security | 45 | - | €5,623 | +€5,623 | |
| Taxes | 450/3 | - | €5,623 | +€5,623 | |
| Other amounts payable | 47/48 | €640,037 | €196,498 | -€443,539 | -69.3% |
| Accrued charges and deferred income | 492/3 | €423 | €0 | -€423 | -100.0% |
| Non-recurring operating income | 76A | - | €290,541 | +€290,541 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,942 | €63,023 | +€12,082 | +23.7% |
| Other operating charges | 640/8 | €4,727 | €4,956 | +€229 | +4.8% |
| Gross operating margin | 9900 | -€25,616 | €294,041 | +€319,658 | |
| Operating profit (loss) | 9901 | -€81,286 | €226,061 | +€307,347 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €881 | €1,328 | +€447 | +50.7% |
| Recurring financial charges | 65 | €881 | €1,328 | +€447 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | -€82,166 | €224,733 | +€306,900 | |
| Income taxes | 67/77 | - | €5,623 | +€5,623 | |
| Profit (loss) for the period | 9904 | -€82,166 | €219,110 | +€301,276 | |
| Profit (loss) for the period to be appropriated | 9905 | -€82,166 | €219,110 | +€301,276 |
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 29 September 2026 via checked.be.