STONE EXCLUSIVE PRODUCTION & SELECTION: 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 EXCLUSIVE PRODUCTION & SELECTION
Largest movements
- Receivables within one year -€88,182
down €88,182 (-88.6%), from €99,538 to €11,356
of which Trade receivables: -€52,310
- Stocks and contracts -€48,273
down €48,273 (-35.1%), from €137,599 to €89,326
- Cash -€38,787
down €38,787 (-63.1%), from €61,430 to €22,644
mainly Net result for the year (-€109,973) and Trade debts (-€43,107)
- Tangible fixed assets -€14,404
down €14,404 (-16.0%), from €90,292 to €75,887
of which Other tangible fixed assets: -€14,412
- Profit (loss) carried forward -€109,973
down €109,973, from €7,113 to -€102,860
- Trade debts -€43,107
down €43,107 (-64.9%), from €66,425 to €23,318
- Other debts -€14,979
no longer reported in 2025 (was €14,979)
- Current portion of long-term debt +€13,980
up €13,980 (+11.9%), from €117,726 to €131,707
- Debts after one year -€13,726
down €13,726 (-33.2%), from €41,346 to €27,619
- Gross operating margin -€69,613
down €69,613, from €3,514 to -€66,099
- Write-downs +€12,376
new in 2025: €12,376
- Financial charges -€7,041
down €7,041 (-33.8%), from €20,823 to €13,783
- Financial income -€2,803
down €2,803 (-100.0%), from €2,803 to €0
of which Financial income: -€2,534
- Depreciation -€2,398
down €2,398 (-13.1%), from €18,312 to €15,914
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 | €389,395 | €200,828 | -€188,567 | -48.4% |
| Fixed assets | 21/28 | €90,621 | €76,217 | -€14,404 | -15.9% |
| Tangible fixed assets | 22/27 | €90,292 | €75,887 | -€14,404 | -16.0% |
| Plant, machinery and equipment | 23 | €564 | - | -€564 | |
| Furniture and vehicles | 24 | €723 | €1,295 | +€572 | +79.1% |
| Other tangible fixed assets | 26 | €89,004 | €74,592 | -€14,412 | -16.2% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €298,773 | €124,611 | -€174,163 | -58.3% |
| Stocks and contracts in progress | 3 | €137,599 | €89,326 | -€48,273 | -35.1% |
| Stocks | 30/36 | €137,599 | €89,326 | -€48,273 | -35.1% |
| Amounts receivable within one year | 40/41 | €99,538 | €11,356 | -€88,182 | -88.6% |
| Trade receivables | 40 | €55,878 | €3,569 | -€52,310 | -93.6% |
| Other amounts receivable | 41 | €43,660 | €7,787 | -€35,872 | -82.2% |
| Cash at bank and in hand | 54/58 | €61,430 | €22,644 | -€38,787 | -63.1% |
| Deferred charges and accrued income | 490/1 | €206 | €1,285 | +€1,079 | +524% |
| Total equity and liabilities | 10/49 | €389,395 | €200,828 | -€188,567 | -48.4% |
| Equity | 10/15 | €27,573 | -€82,400 | -€109,973 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,113 | -€102,860 | -€109,973 | |
| Amounts payable | 17/49 | €361,821 | €283,228 | -€78,594 | -21.7% |
| Amounts payable after more than one year | 17 | €41,346 | €27,619 | -€13,726 | -33.2% |
| Financial debts | 170/4 | €41,346 | €27,619 | -€13,726 | -33.2% |
| Amounts payable within one year | 42/48 | €309,860 | €255,608 | -€54,251 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €117,726 | €131,707 | +€13,980 | +11.9% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €66,425 | €23,318 | -€43,107 | -64.9% |
| Suppliers | 440/4 | €66,425 | €23,318 | -€43,107 | -64.9% |
| Taxes, remuneration and social security | 45 | €10,729 | €584 | -€10,145 | -94.6% |
| Taxes | 450/3 | €10,729 | €584 | -€10,145 | -94.6% |
| Other amounts payable | 47/48 | €14,979 | - | -€14,979 | |
| Accrued charges and deferred income | 492/3 | €10,616 | - | -€10,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,312 | €15,914 | -€2,398 | -13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,376 | +€12,376 | |
| Other operating charges | 640/8 | €1,893 | €1,506 | -€387 | -20.4% |
| Gross operating margin | 9900 | €3,514 | -€66,099 | -€69,613 | |
| Operating profit (loss) | 9901 | -€16,691 | -€95,895 | -€79,204 | -475% |
| Financial income | 75/76B | €2,803 | €0 | -€2,803 | -100.0% |
| Recurring financial income | 75 | €2,534 | €0 | -€2,534 | -100.0% |
| Non-recurring financial income | 76B | €269 | - | -€269 | |
| Financial charges | 65/66B | €20,823 | €13,783 | -€7,041 | -33.8% |
| Recurring financial charges | 65 | €20,823 | €13,783 | -€7,041 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,711 | -€109,678 | -€74,967 | -216% |
| Income taxes | 67/77 | €288 | €296 | +€7 | +2.5% |
| Profit (loss) for the period | 9904 | -€35,000 | -€109,973 | -€74,974 | -214% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,000 | -€109,973 | -€74,974 | -214% |
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 26 October 2026 via checked.be.