Stone Gallery: 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.
What changed
Stone Gallery
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€38,930
2024 · €8.1m-€8.1m
Equity
€22.1m
2024 · €22.2m-€38,930
Cash
€28,346
2024 · €42,414-€14,068
Balance sheet total
€30.1m
2024 · €30.0m+€30,528
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€8.2m
down €8.2m (-100.0%), from €8.2m to €666
- Staff costs +€176,367
up €176,367 (+15.9%), from €1.1m to €1.3m
- Turnover +€170,000
up €170,000 (+14.0%), from €1.2m to €1.4m
- Other operating income +€83,197
up €83,197 (+40.7%), from €204,350 to €287,547
- Services and other goods +€82,571
up €82,571 (+51.7%), from €159,767 to €242,339
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.
Result 2024
€8.1m
Turnover
+€170,000
Other operating income
+€83,197
Services and other goods
-€82,571
Staff costs
-€176,367
Depreciation
-€10,276
Other operating charges
+€27,155
Other operating items
-€2,100
Financial income
-€8.2m
Financial charges
+€61,474
Taxes
+€19
Deferred taxes and other
-€334
Result 2025
-€38,930
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€42,544
Investment
-€81,524
Financing
+€110,000
Cash 2024
€42,414
From operations (derived)
-€42,544
Net result for the year
-€38,930
Depreciation
+€151,954
Receivables within one year
-€120,969
Deferred charges and accrued income
+€5,944
Provisions
-€24,905
Trade debts
-€18,595
Tax, wage and social debts
+€67,608
Other debts
-€79,096
Accrued charges and deferred income
+€14,445
Investment (derived)
-€81,524
Investment in fixed assets (net)
-€81,524
Financing
+€110,000
Debts after one year
+€110,000
Cash 2025
€28,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,044,284 | €30,074,812 | +€30,528 | +0.1% |
| Fixed assets | 21/28 | €29,806,657 | €29,736,227 | -€70,429 | -0.2% |
| Tangible fixed assets | 22/27 | €1,099,781 | €1,029,352 | -€70,429 | -6.4% |
| Land and buildings | 22 | €447,011 | €436,976 | -€10,036 | -2.2% |
| Plant, machinery and equipment | 23 | €611,082 | €494,516 | -€116,566 | -19.1% |
| Furniture and vehicles | 24 | €41,688 | €97,861 | +€56,173 | +135% |
| Financial fixed assets | 28 | €28,706,876 | €28,706,876 | = | 0.0% |
| Affiliated companies | 280/1 | €28,706,876 | €28,706,876 | = | 0.0% |
| Participating interests | 280 | €28,706,876 | €28,706,876 | = | 0.0% |
| Current assets | 29/58 | €237,627 | €338,584 | +€100,957 | +42.5% |
| Amounts receivable within one year | 40/41 | €189,269 | €310,238 | +€120,969 | +63.9% |
| Trade receivables | 40 | €185,983 | €306,856 | +€120,873 | +65.0% |
| Other amounts receivable | 41 | €3,286 | €3,382 | +€96 | +2.9% |
| Cash at bank and in hand | 54/58 | €42,414 | €28,346 | -€14,068 | -33.2% |
| Deferred charges and accrued income | 490/1 | €5,944 | - | -€5,944 | |
| Total equity and liabilities | 10/49 | €30,044,284 | €30,074,812 | +€30,528 | +0.1% |
| Equity | 10/15 | €22,180,110 | €22,141,180 | -€38,930 | -0.2% |
| Contributions | 10/11 | €61,866 | €61,866 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €366 | €366 | = | 0.0% |
| Share premium | 1100/10 | €366 | €366 | = | 0.0% |
| Revaluation surpluses | 12 | €1,212,280 | €1,212,280 | = | 0.0% |
| Reserves | 13 | €985,254 | €910,539 | -€74,715 | -7.6% |
| Non-distributable reserves | 130/1 | €356,000 | €356,000 | = | 0.0% |
| Legal reserve | 130 | €356,000 | €356,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €369,548 | €294,833 | -€74,715 | -20.2% |
| Distributable reserves | 133 | €259,706 | €259,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,920,710 | €19,956,495 | +€35,785 | +0.2% |
| Provisions and deferred taxes | 16 | €123,183 | €98,278 | -€24,905 | -20.2% |
| Deferred taxes | 168 | €123,183 | €98,278 | -€24,905 | -20.2% |
| Amounts payable | 17/49 | €7,740,992 | €7,835,354 | +€94,362 | +1.2% |
| Amounts payable after more than one year | 17 | €2,520,000 | €2,630,000 | +€110,000 | +4.4% |
| Financial debts | 170/4 | €2,520,000 | €2,630,000 | +€110,000 | +4.4% |
| Other loans | 174 | €2,520,000 | €2,630,000 | +€110,000 | +4.4% |
| Amounts payable within one year | 42/48 | €5,218,407 | €5,188,324 | -€30,083 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €190,000 | €190,000 | = | 0.0% |
| Trade debts | 44 | €122,917 | €104,322 | -€18,595 | -15.1% |
| Suppliers | 440/4 | €122,917 | €104,322 | -€18,595 | -15.1% |
| Taxes, remuneration and social security | 45 | €334,776 | €402,384 | +€67,608 | +20.2% |
| Taxes | 450/3 | €126,295 | €156,858 | +€30,563 | +24.2% |
| Remuneration and social security | 454/9 | €208,481 | €245,526 | +€37,045 | +17.8% |
| Other amounts payable | 47/48 | €4,570,714 | €4,491,619 | -€79,096 | -1.7% |
| Accrued charges and deferred income | 492/3 | €2,585 | €17,030 | +€14,445 | +559% |
| Operating income | 70/76A | €1,422,850 | €1,673,947 | +€251,097 | +17.6% |
| Turnover | 70 | €1,215,000 | €1,385,000 | +€170,000 | +14.0% |
| Other operating income | 74 | €204,350 | €287,547 | +€83,197 | +40.7% |
| Non-recurring operating income | 76A | €3,500 | €1,400 | -€2,100 | -60.0% |
| Operating charges | 60/66A | €1,451,552 | €1,693,611 | +€242,058 | +16.7% |
| Services and other goods | 61 | €159,767 | €242,339 | +€82,571 | +51.7% |
| Remuneration, social security and pensions | 62 | €1,112,493 | €1,288,860 | +€176,367 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,678 | €151,954 | +€10,276 | +7.3% |
| Other operating charges | 640/8 | €37,614 | €10,459 | -€27,155 | -72.2% |
| Operating profit (loss) | 9901 | -€28,702 | -€19,664 | +€9,039 | +31.5% |
| Financial income | 75/76B | €8,199,776 | €666 | -€8.2m | -100.0% |
| Recurring financial income | 75 | €8,199,776 | €666 | -€8.2m | -100.0% |
| Income from financial fixed assets | 750 | €8,199,776 | - | -€8.2m | |
| Other financial income | 752/9 | - | €666 | +€666 | |
| Financial charges | 65/66B | €104,616 | €43,142 | -€61,474 | -58.8% |
| Recurring financial charges | 65 | €104,616 | €43,142 | -€61,474 | -58.8% |
| Debt charges | 650 | €104,616 | €43,142 | -€61,474 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €8,066,457 | -€62,139 | -€8.1m | |
| Transfer from deferred taxes | 780 | €25,239 | €24,905 | -€334 | -1.3% |
| Income taxes | 67/77 | €1,714 | €1,695 | -€19 | -1.1% |
| Taxes | 670/3 | €1,714 | €1,695 | -€19 | -1.1% |
| Profit (loss) for the period | 9904 | €8,089,982 | -€38,930 | -€8.1m | |
| Transfer from tax-exempt reserves | 789 | €75,717 | €74,715 | -€1,002 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,165,700 | €35,785 | -€8.1m | -99.6% |
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 14 October 2026 via checked.be.