Stone Life: 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 Life
Largest movements
- Tangible fixed assets +€4.6m
up €4.6m (+176%), from €2.6m to €7.2m
of which Land and buildings: +€4.6m
- Current investments +€835,000
new in 2025: €835,000
- Cash -€777,569
down €777,569 (-73.4%), from €1.1m to €282,053
mainly Investment in fixed assets (net) (-€4.6m) and Current investments (-€835,000)
- Deferred charges and accrued income +€498,282
up €498,282 (+10,434%), from €4,776 to €503,057
- Receivables within one year +€114,858
up €114,858 (+208%), from €55,254 to €170,112
of which Other amounts receivable: +€57,839
- Revaluation surpluses +€4.6m
up €4.6m (+719%), from €638,063 to €5.2m
- Reserves +€1.6m
up €1.6m (+85.8%), from €1.9m to €3.5m
of which Distributable reserves: +€1.6m
- Profit (loss) carried forward -€853,079
down €853,079 (-100%), from €853,079 to €0
- Debts after one year -€163,682
down €163,682 (-31.7%), from €515,608 to €351,926
- Tax, wage and social debts +€113,764
up €113,764 (+2,915%), from €3,902 to €117,666
of which Taxes: +€81,674
- Financial income +€718,097
up €718,097 (+871%), from €82,474 to €800,571
- Taxes +€100,386
up €100,386 (+85.1%), from €117,913 to €218,299
- Gross operating margin +€50,574
up €50,574 (+10.0%), from €506,644 to €557,217
- Depreciation -€35,290
down €35,290 (-35.3%), from €99,990 to €64,699
- Financial charges -€15,809
down €15,809 (-30.9%), from €51,174 to €35,365
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 | €4,643,350 | €9,887,785 | +€5.2m | +113% |
| Fixed assets | 21/28 | €3,523,698 | €8,097,563 | +€4.6m | +130% |
| Intangible fixed assets | 21 | €56,471 | €18,824 | -€37,647 | -66.7% |
| Tangible fixed assets | 22/27 | €2,615,293 | €7,226,805 | +€4.6m | +176% |
| Land and buildings | 22 | €2,584,098 | €7,200,000 | +€4.6m | +179% |
| Plant, machinery and equipment | 23 | €29,870 | €26,805 | -€3,065 | -10.3% |
| Furniture and vehicles | 24 | €1,325 | €0 | -€1,325 | -100% |
| Financial fixed assets | 28 | €851,934 | €851,934 | = | 0.0% |
| Current assets | 29/58 | €1,119,652 | €1,790,222 | +€670,570 | +59.9% |
| Amounts receivable within one year | 40/41 | €55,254 | €170,112 | +€114,858 | +208% |
| Trade receivables | 40 | €23 | €57,042 | +€57,019 | +247,369% |
| Other amounts receivable | 41 | €55,231 | €113,070 | +€57,839 | +105% |
| Current investments | 50/53 | - | €835,000 | +€835,000 | |
| Cash at bank and in hand | 54/58 | €1,059,622 | €282,053 | -€777,569 | -73.4% |
| Deferred charges and accrued income | 490/1 | €4,776 | €503,057 | +€498,282 | +10,434% |
| Total equity and liabilities | 10/49 | €4,643,350 | €9,887,785 | +€5.2m | +113% |
| Equity | 10/15 | €3,371,633 | €8,704,572 | +€5.3m | +158% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €638,063 | €5,225,668 | +€4.6m | +719% |
| Reserves | 13 | €1,861,892 | €3,460,305 | +€1.6m | +85.8% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €1,824,392 | €3,422,805 | +€1.6m | +87.6% |
| Profit (loss) carried forward | 14 | €853,079 | €0 | -€853,079 | -100% |
| Amounts payable | 17/49 | €1,271,716 | €1,183,213 | -€88,504 | -7.0% |
| Amounts payable after more than one year | 17 | €515,608 | €351,926 | -€163,682 | -31.7% |
| Financial debts | 170/4 | €515,608 | €351,926 | -€163,682 | -31.7% |
| Amounts payable within one year | 42/48 | €750,500 | €827,328 | +€76,828 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €234,109 | €197,104 | -€37,005 | -15.8% |
| Trade debts | 44 | €55,903 | €85,313 | +€29,410 | +52.6% |
| Suppliers | 440/4 | €55,903 | €85,313 | +€29,410 | +52.6% |
| Advances received on contracts in progress | 46 | €53,218 | €110,000 | +€56,782 | +107% |
| Taxes, remuneration and social security | 45 | €3,902 | €117,666 | +€113,764 | +2,915% |
| Taxes | 450/3 | €3,902 | €85,577 | +€81,674 | +2,093% |
| Remuneration and social security | 454/9 | €0 | €32,090 | +€32,090 | |
| Other amounts payable | 47/48 | €403,368 | €317,245 | -€86,123 | -21.4% |
| Accrued charges and deferred income | 492/3 | €5,608 | €3,959 | -€1,650 | -29.4% |
| Non-recurring operating income | 76A | €20,000 | €0 | -€20,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,990 | €64,699 | -€35,290 | -35.3% |
| Other operating charges | 640/8 | €14,729 | €15,193 | +€464 | +3.1% |
| Gross operating margin | 9900 | €506,644 | €557,217 | +€50,574 | +10.0% |
| Operating profit (loss) | 9901 | €391,925 | €477,325 | +€85,400 | +21.8% |
| Financial income | 75/76B | €82,474 | €800,571 | +€718,097 | +871% |
| Recurring financial income | 75 | €82,474 | €800,571 | +€718,097 | +871% |
| Financial charges | 65/66B | €51,174 | €35,365 | -€15,809 | -30.9% |
| Recurring financial charges | 65 | €51,174 | €35,365 | -€15,809 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €423,225 | €1,242,531 | +€819,306 | +194% |
| Income taxes | 67/77 | €117,913 | €218,299 | +€100,386 | +85.1% |
| Profit (loss) for the period | 9904 | €305,312 | €1,024,232 | +€718,920 | +235% |
| Profit (loss) for the period to be appropriated | 9905 | €305,312 | €1,024,232 | +€718,920 | +235% |
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.