STONE PARTNERS: 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 PARTNERS
Largest movements
- Receivables within one year +€8,945
up €8,945 (+6.7%), from €133,325 to €142,270
of which Other amounts receivable: +€15,460
- Cash +€5,200
up €5,200 (+9,655%), from €54 to €5,254
mainly Net result for the year (+€7,586) and Tax, wage and social debts (+€3,847)
- Profit (loss) carried forward +€7,586
up €7,586 (+38.4%), from €19,778 to €27,364
- Tax, wage and social debts +€3,847
up €3,847 (+148%), from €2,608 to €6,455
- Short-term financial debts +€3,675
up €3,675 (+21.1%), from €17,431 to €21,106
- Trade debts -€1,928
down €1,928 (-2.3%), from €82,039 to €80,111
- Gross operating margin -€17,753
down €17,753 (-61.1%), from €29,069 to €11,316
- Depreciation -€4,336
down €4,336 (-86.6%), from €5,007 to €671
- Other operating charges -€1,606
down €1,606 (-63.9%), from €2,512 to €906
- Financial income +€1,512
up €1,512 (+119%), from €1,269 to €2,781
- Taxes +€1,204
up €1,204 (+46.2%), from €2,608 to €3,812
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 | €137,915 | €151,096 | +€13,181 | +9.6% |
| Fixed assets | 21/28 | €3,336 | €3,060 | -€276 | -8.3% |
| Tangible fixed assets | 22/27 | €2,316 | €2,040 | -€276 | -11.9% |
| Plant, machinery and equipment | 23 | €2,316 | €2,040 | -€276 | -11.9% |
| Financial fixed assets | 28 | €1,020 | €1,020 | = | 0.0% |
| Current assets | 29/58 | €134,579 | €148,036 | +€13,457 | +10.0% |
| Amounts receivable within one year | 40/41 | €133,325 | €142,270 | +€8,945 | +6.7% |
| Trade receivables | 40 | €88,111 | €81,596 | -€6,515 | -7.4% |
| Other amounts receivable | 41 | €45,214 | €60,673 | +€15,460 | +34.2% |
| Current investments | 50/53 | €512 | €512 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54 | €5,254 | +€5,200 | +9,655% |
| Deferred charges and accrued income | 490/1 | €688 | - | -€688 | |
| Total equity and liabilities | 10/49 | €137,915 | €151,096 | +€13,181 | +9.6% |
| Equity | 10/15 | €35,838 | €43,424 | +€7,586 | +21.2% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €19,778 | €27,364 | +€7,586 | +38.4% |
| Amounts payable | 17/49 | €102,077 | €107,672 | +€5,595 | +5.5% |
| Amounts payable within one year | 42/48 | €102,077 | €107,672 | +€5,595 | +5.5% |
| Financial debts | 43 | €17,431 | €21,106 | +€3,675 | +21.1% |
| Credit institutions | 430/8 | €17,431 | €21,106 | +€3,675 | +21.1% |
| Trade debts | 44 | €82,039 | €80,111 | -€1,928 | -2.3% |
| Suppliers | 440/4 | €82,039 | €80,111 | -€1,928 | -2.3% |
| Taxes, remuneration and social security | 45 | €2,608 | €6,455 | +€3,847 | +148% |
| Taxes | 450/3 | €2,608 | €6,455 | +€3,847 | +148% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,007 | €671 | -€4,336 | -86.6% |
| Other operating charges | 640/8 | €2,512 | €906 | -€1,606 | -63.9% |
| Gross operating margin | 9900 | €29,069 | €11,316 | -€17,753 | -61.1% |
| Operating profit (loss) | 9901 | €21,550 | €9,739 | -€11,811 | -54.8% |
| Financial income | 75/76B | €1,269 | €2,781 | +€1,512 | +119% |
| Recurring financial income | 75 | €1,269 | €2,781 | +€1,512 | +119% |
| Financial charges | 65/66B | €652 | €1,122 | +€469 | +72.0% |
| Recurring financial charges | 65 | €652 | €1,122 | +€469 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | €22,167 | €11,398 | -€10,769 | -48.6% |
| Income taxes | 67/77 | €2,608 | €3,812 | +€1,204 | +46.2% |
| Profit (loss) for the period | 9904 | €19,559 | €7,586 | -€11,973 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,559 | €7,586 | -€11,973 | -61.2% |
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 19 October 2026 via checked.be.