STONE BY STONE: 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 BY STONE
Largest movements
- Receivables within one year -€131,387
down €131,387 (-43.3%), from €303,475 to €172,088
of which Trade receivables: -€128,355
- Cash +€34,145
up €34,145 (+33.3%), from €102,446 to €136,591
mainly Receivables within one year (+€131,387) and Net result for the year (+€8,688)
- Trade debts -€107,100
down €107,100 (-28.9%), from €370,026 to €262,925
- Reserves +€8,688
up €8,688 (+42.3%), from €20,542 to €29,229
- Gross operating margin -€7,311
down €7,311 (-8.2%), from €89,110 to €81,799
- Staff costs -€6,427
down €6,427 (-8.6%), from €74,911 to €68,484
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 | €405,921 | €308,679 | -€97,242 | -24.0% |
| Current assets | 29/58 | €405,921 | €308,679 | -€97,242 | -24.0% |
| Amounts receivable within one year | 40/41 | €303,475 | €172,088 | -€131,387 | -43.3% |
| Trade receivables | 40 | €167,898 | €39,543 | -€128,355 | -76.4% |
| Other amounts receivable | 41 | €135,577 | €132,545 | -€3,032 | -2.2% |
| Cash at bank and in hand | 54/58 | €102,446 | €136,591 | +€34,145 | +33.3% |
| Total equity and liabilities | 10/49 | €405,921 | €308,679 | -€97,242 | -24.0% |
| Equity | 10/15 | €26,742 | €35,460 | +€8,718 | +32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,542 | €29,229 | +€8,688 | +42.3% |
| Distributable reserves | 133 | €20,542 | €29,229 | +€8,688 | +42.3% |
| Profit (loss) carried forward | 14 | - | €31 | +€31 | |
| Amounts payable | 17/49 | €379,179 | €273,219 | -€105,960 | -27.9% |
| Amounts payable within one year | 42/48 | €379,179 | €273,219 | -€105,960 | -27.9% |
| Trade debts | 44 | €370,026 | €262,925 | -€107,100 | -28.9% |
| Suppliers | 440/4 | €370,026 | €262,925 | -€107,100 | -28.9% |
| Taxes, remuneration and social security | 45 | €4,634 | €6,317 | +€1,683 | +36.3% |
| Taxes | 450/3 | €4,634 | €3,254 | -€1,380 | -29.8% |
| Remuneration and social security | 454/9 | - | €3,063 | +€3,063 | |
| Other amounts payable | 47/48 | €4,520 | €3,977 | -€543 | -12.0% |
| Remuneration, social security and pensions | 62 | €74,911 | €68,484 | -€6,427 | -8.6% |
| Other operating charges | 640/8 | €836 | €919 | +€83 | +9.9% |
| Gross operating margin | 9900 | €89,110 | €81,799 | -€7,311 | -8.2% |
| Operating profit (loss) | 9901 | €13,363 | €12,397 | -€967 | -7.2% |
| Financial income | 75/76B | €89 | - | -€89 | |
| Recurring financial income | 75 | €89 | - | -€89 | |
| Financial charges | 65/66B | €88 | €455 | +€367 | +416% |
| Recurring financial charges | 65 | €88 | €205 | +€117 | +132% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | €13,364 | €11,942 | -€1,422 | -10.6% |
| Income taxes | 67/77 | €3,847 | €3,254 | -€593 | -15.4% |
| Profit (loss) for the period | 9904 | €9,517 | €8,688 | -€830 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,517 | €8,688 | -€830 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.