STONE PLUS: 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 PLUS
Largest movements
- Receivables within one year +€73,999
up €73,999 (+33.6%), from €220,439 to €294,438
of which Trade receivables: +€83,490
- Cash -€66,565
down €66,565 (-89.0%), from €74,759 to €8,194
mainly Receivables within one year (-€73,999) and Tax, wage and social debts (-€16,694)
- Accrued charges and deferred income +€17,819
new in 2025: €17,819
- Tax, wage and social debts -€16,694
down €16,694 (-31.4%), from €53,238 to €36,544
of which Taxes: -€27,060
- Reserves +€5,648
up €5,648 (+5.1%), from €111,224 to €116,871
- Other debts -€4,914
down €4,914 (-2.4%), from €203,003 to €198,089
- Gross operating margin -€77,476
down €77,476 (-82.1%), from €94,343 to €16,867
- Taxes -€17,956
down €17,956 (-90.0%), from €19,944 to €1,988
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 | €388,145 | €392,454 | +€4,309 | +1.1% |
| Fixed assets | 21/28 | €89,730 | €89,822 | +€91 | +0.1% |
| Tangible fixed assets | 22/27 | €89,730 | €89,822 | +€91 | +0.1% |
| Land and buildings | 22 | €84,992 | €81,890 | -€3,102 | -3.6% |
| Furniture and vehicles | 24 | €4,738 | €7,931 | +€3,193 | +67.4% |
| Current assets | 29/58 | €298,415 | €302,633 | +€4,217 | +1.4% |
| Amounts receivable within one year | 40/41 | €220,439 | €294,438 | +€73,999 | +33.6% |
| Trade receivables | 40 | €24,200 | €107,690 | +€83,490 | +345.0% |
| Other amounts receivable | 41 | €196,239 | €186,748 | -€9,491 | -4.8% |
| Cash at bank and in hand | 54/58 | €74,759 | €8,194 | -€66,565 | -89.0% |
| Deferred charges and accrued income | 490/1 | €3,217 | - | -€3,217 | |
| Total equity and liabilities | 10/49 | €388,145 | €392,454 | +€4,309 | +1.1% |
| Equity | 10/15 | €129,824 | €135,471 | +€5,648 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,224 | €116,871 | +€5,648 | +5.1% |
| Distributable reserves | 133 | €111,224 | €116,871 | +€5,648 | +5.1% |
| Amounts payable | 17/49 | €258,322 | €256,983 | -€1,339 | -0.5% |
| Amounts payable within one year | 42/48 | €258,322 | €239,164 | -€19,158 | -7.4% |
| Trade debts | 44 | €2,081 | €4,531 | +€2,450 | +117.7% |
| Suppliers | 440/4 | €2,081 | €4,531 | +€2,450 | +117.7% |
| Taxes, remuneration and social security | 45 | €53,238 | €36,544 | -€16,694 | -31.4% |
| Taxes | 450/3 | €49,811 | €22,750 | -€27,060 | -54.3% |
| Remuneration and social security | 454/9 | €3,427 | €13,793 | +€10,366 | +302.5% |
| Other amounts payable | 47/48 | €203,003 | €198,089 | -€4,914 | -2.4% |
| Accrued charges and deferred income | 492/3 | - | €17,819 | +€17,819 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,202 | €6,910 | +€708 | +11.4% |
| Other operating charges | 640/8 | €1,548 | €1,971 | +€423 | +27.4% |
| Gross operating margin | 9900 | €94,343 | €16,867 | -€77,476 | -82.1% |
| Operating profit (loss) | 9901 | €86,594 | €7,986 | -€78,607 | -90.8% |
| Financial income | 75/76B | €1 | €0 | -€0 | -66.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -66.0% |
| Financial charges | 65/66B | €500 | €351 | -€149 | -29.8% |
| Recurring financial charges | 65 | €500 | €351 | -€149 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €86,094 | €7,636 | -€78,459 | -91.1% |
| Income taxes | 67/77 | €19,944 | €1,988 | -€17,956 | -90.0% |
| Profit (loss) for the period | 9904 | €66,151 | €5,648 | -€60,503 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,151 | €5,648 | -€60,503 | -91.5% |
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 7 October 2026 via checked.be.