STONE IMMO: 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 IMMO
Largest movements
- Deferred charges and accrued income -€127,134
no longer reported in 2025 (was €127,134)
- Tangible fixed assets -€81,382
down €81,382 (-4.1%), from €2.0m to €1.9m
of which Leasing and similar rights: -€47,408
- Receivables within one year +€50,020
up €50,020 (+2696.5%), from €1,855 to €51,875
of which Trade receivables: +€45,375
- Cash -€49,135
down €49,135 (-49.3%), from €99,677 to €50,542
mainly Trade debts (-€126,711) and Debts after one year (-€67,712)
- Trade debts -€126,711
down €126,711 (-99.3%), from €127,650 to €939
- Debts after one year -€67,712
down €67,712 (-12.2%), from €552,892 to €485,180
- Other debts -€48,566
down €48,566 (-100.0%), from €48,566 to €0
- Profit (loss) carried forward +€39,469
up €39,469, from -€7,927 to €31,542
- Accrued charges and deferred income -€22,337
down €22,337 (-6.6%), from €337,225 to €314,888
- Services and other goods -€93,573
down €93,573 (-23.6%), from €396,328 to €302,755
- Turnover -€52,500
down €52,500 (-10.9%), from €480,000 to €427,500
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 | €2,231,849 | €2,024,218 | -€207,631 | -9.3% |
| Fixed assets | 21/28 | €2,003,183 | €1,921,801 | -€81,382 | -4.1% |
| Tangible fixed assets | 22/27 | €2,003,183 | €1,921,801 | -€81,382 | -4.1% |
| Land and buildings | 22 | €1,175,513 | €1,154,222 | -€21,291 | -1.8% |
| Plant, machinery and equipment | 23 | €35,084 | €27,957 | -€7,127 | -20.3% |
| Leasing and similar rights | 25 | €691,848 | €644,440 | -€47,408 | -6.9% |
| Other tangible fixed assets | 26 | €100,738 | €95,183 | -€5,555 | -5.5% |
| Current assets | 29/58 | €228,666 | €102,417 | -€126,249 | -55.2% |
| Amounts receivable within one year | 40/41 | €1,855 | €51,875 | +€50,020 | +2696.5% |
| Trade receivables | 40 | - | €45,375 | +€45,375 | |
| Other amounts receivable | 41 | €1,855 | €6,500 | +€4,645 | +250.4% |
| Cash at bank and in hand | 54/58 | €99,677 | €50,542 | -€49,135 | -49.3% |
| Deferred charges and accrued income | 490/1 | €127,134 | - | -€127,134 | |
| Total equity and liabilities | 10/49 | €2,231,849 | €2,024,218 | -€207,631 | -9.3% |
| Equity | 10/15 | €1,100,273 | €1,139,744 | +€39,471 | +3.6% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Capital | 10 | €650,000 | €650,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Revaluation surpluses | 12 | €344,983 | €344,984 | +€1 | 0.0% |
| Reserves | 13 | €113,217 | €113,217 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €73,364 | €73,364 | -€0 | 0.0% |
| Legal reserve | 130 | €70,880 | €70,880 | -€0 | 0.0% |
| Other | 1319 | €2,484 | €2,484 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €21,151 | €21,151 | -€0 | 0.0% |
| Distributable reserves | 133 | €18,702 | €18,703 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€7,927 | €31,542 | +€39,469 | |
| Amounts payable | 17/49 | €1,131,576 | €884,474 | -€247,102 | -21.8% |
| Amounts payable after more than one year | 17 | €552,892 | €485,180 | -€67,712 | -12.2% |
| Financial debts | 170/4 | €552,892 | €485,180 | -€67,712 | -12.2% |
| Leasing and similar obligations | 172 | €552,892 | €485,180 | -€67,712 | -12.2% |
| Amounts payable within one year | 42/48 | €241,459 | €84,406 | -€157,053 | -65.0% |
| Current portion of amounts payable after more than one year | 42 | €65,243 | €67,095 | +€1,852 | +2.8% |
| Trade debts | 44 | €127,650 | €939 | -€126,711 | -99.3% |
| Suppliers | 440/4 | €127,650 | €939 | -€126,711 | -99.3% |
| Taxes, remuneration and social security | 45 | - | €16,373 | +€16,373 | |
| Taxes | 450/3 | - | €16,373 | +€16,373 | |
| Other amounts payable | 47/48 | €48,566 | €0 | -€48,566 | -100.0% |
| Accrued charges and deferred income | 492/3 | €337,225 | €314,888 | -€22,337 | -6.6% |
| Operating income | 70/76A | €502,987 | €449,908 | -€53,079 | -10.6% |
| Turnover | 70 | €480,000 | €427,500 | -€52,500 | -10.9% |
| Other operating income | 74 | €651 | €72 | -€579 | -88.9% |
| Non-recurring operating income | 76A | €22,336 | €22,336 | = | 0.0% |
| Operating charges | 60/66A | €484,338 | €385,279 | -€99,059 | -20.5% |
| Services and other goods | 61 | €396,328 | €302,755 | -€93,573 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,258 | €81,381 | -€3,877 | -4.5% |
| Other operating charges | 640/8 | €2,752 | €1,143 | -€1,609 | -58.5% |
| Operating profit (loss) | 9901 | €18,649 | €64,629 | +€45,980 | +246.6% |
| Financial income | 75/76B | €197 | - | -€197 | |
| Recurring financial income | 75 | €197 | - | -€197 | |
| Other financial income | 752/9 | €197 | - | -€197 | |
| Financial charges | 65/66B | €24,931 | €25,160 | +€229 | +0.9% |
| Recurring financial charges | 65 | €24,931 | €25,160 | +€229 | +0.9% |
| Debt charges | 650 | €24,561 | €25,160 | +€599 | +2.4% |
| Other financial charges | 652/9 | €370 | - | -€370 | |
| Profit (loss) for the period before taxes | 9903 | -€6,085 | €39,469 | +€45,554 | |
| Income taxes | 67/77 | €3,282 | - | -€3,282 | |
| Taxes | 670/3 | €3,282 | - | -€3,282 | |
| Profit (loss) for the period | 9904 | -€9,367 | €39,469 | +€48,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,367 | €39,469 | +€48,836 |
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 3 October 2026 via checked.be.