STONE ENGINEERING: what changed
STONE ENGINEERING
Largest movements
- Cash -€12,973
down €12,973 (-30.5%), from €42,586 to €29,613
mainly Net result for the year (-€19,803) and Tax, wage and social debts (-€10,371)
- Receivables within one year -€3,024
down €3,024 (-9.9%), from €30,692 to €27,669
of which Trade receivables: -€12,897
- Deferred charges and accrued income +€1,614
up €1,614 (+286%), from €565 to €2,179
- Intangible fixed assets +€1,045
new in 2025: €1,045
- Tangible fixed assets +€1,017
up €1,017 (+52.0%), from €1,956 to €2,973
- Profit (loss) carried forward -€19,803
down €19,803 (-39.5%), from €50,122 to €30,319
- Trade debts +€19,304
up €19,304 (+1,012%), from €1,907 to €21,210
- Tax, wage and social debts -€10,371
down €10,371 (-74.7%), from €13,880 to €3,509
of which Taxes: -€10,371
- Other debts -€1,450
down €1,450 (-20.9%), from €6,945 to €5,495
- Gross operating margin -€48,065
down €48,065, from €32,348 to -€15,717
- Taxes -€6,297
down €6,297 (-97.5%), from €6,459 to €162
- Financial charges +€1,978
up €1,978 (+1,278%), from €155 to €2,133
- Depreciation +€470
up €470 (+48.0%), from €978 to €1,448
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,854 | €63,534 | -€12,320 | -16.2% |
| Fixed assets | 21/28 | €2,011 | €4,073 | +€2,062 | +103% |
| Intangible fixed assets | 21 | - | €1,045 | +€1,045 | |
| Tangible fixed assets | 22/27 | €1,956 | €2,973 | +€1,017 | +52.0% |
| Furniture and vehicles | 24 | €1,956 | €2,973 | +€1,017 | +52.0% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €73,843 | €59,461 | -€14,383 | -19.5% |
| Amounts receivable within one year | 40/41 | €30,692 | €27,669 | -€3,024 | -9.9% |
| Trade receivables | 40 | €22,630 | €9,733 | -€12,897 | -57.0% |
| Other amounts receivable | 41 | €8,062 | €17,936 | +€9,874 | +122% |
| Cash at bank and in hand | 54/58 | €42,586 | €29,613 | -€12,973 | -30.5% |
| Deferred charges and accrued income | 490/1 | €565 | €2,179 | +€1,614 | +286% |
| Total equity and liabilities | 10/49 | €75,854 | €63,534 | -€12,320 | -16.2% |
| Equity | 10/15 | €53,122 | €33,319 | -€19,803 | -37.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,122 | €30,319 | -€19,803 | -39.5% |
| Amounts payable | 17/49 | €22,732 | €30,215 | +€7,483 | +32.9% |
| Amounts payable within one year | 42/48 | €22,732 | €30,215 | +€7,483 | +32.9% |
| Trade debts | 44 | €1,907 | €21,210 | +€19,304 | +1,012% |
| Suppliers | 440/4 | €1,907 | €21,210 | +€19,304 | +1,012% |
| Taxes, remuneration and social security | 45 | €13,880 | €3,509 | -€10,371 | -74.7% |
| Taxes | 450/3 | €13,880 | €3,509 | -€10,371 | -74.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,945 | €5,495 | -€1,450 | -20.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €978 | €1,448 | +€470 | +48.0% |
| Other operating charges | 640/8 | €387 | €470 | +€82 | +21.3% |
| Gross operating margin | 9900 | €32,348 | -€15,717 | -€48,065 | |
| Operating profit (loss) | 9901 | €30,983 | -€17,634 | -€48,617 | |
| Financial income | 75/76B | €8 | €126 | +€118 | +1,547% |
| Recurring financial income | 75 | €8 | €126 | +€118 | +1,547% |
| Financial charges | 65/66B | €155 | €2,133 | +€1,978 | +1,278% |
| Recurring financial charges | 65 | €155 | €2,133 | +€1,978 | +1,278% |
| Profit (loss) for the period before taxes | 9903 | €30,836 | -€19,641 | -€50,477 | |
| Income taxes | 67/77 | €6,459 | €162 | -€6,297 | -97.5% |
| Profit (loss) for the period | 9904 | €24,377 | -€19,803 | -€44,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,377 | -€19,803 | -€44,180 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.