STONE STUFF: 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 STUFF
Largest movements
- Receivables within one year +€25,302
up €25,302 (+41.3%), from €61,228 to €86,530
of which Other amounts receivable: +€13,417
- Deferred charges and accrued income +€3,006
up €3,006 (+114%), from €2,634 to €5,640
- Intangible fixed assets -€1,721
down €1,721 (-20.9%), from €8,240 to €6,519
- Reserves +€36,000
up €36,000 (+45.6%), from €79,000 to €115,000
- Tax, wage and social debts -€10,189
down €10,189 (-49.0%), from €20,775 to €10,586
- Trade debts +€1,990
up €1,990 (+212%), from €941 to €2,931
- Gross operating margin +€18,811
up €18,811 (+50.8%), from €37,049 to €55,860
- Taxes +€6,719
up €6,719 (+97.9%), from €6,867 to €13,586
- Financial income +€2,412
up €2,412 (+708%), from €341 to €2,753
- Financial charges +€1,626
up €1,626 (+199%), from €819 to €2,446
- Depreciation +€1,486
up €1,486 (+92.7%), from €1,602 to €3,088
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 | €104,135 | €132,891 | +€28,757 | +27.6% |
| Fixed assets | 21/28 | €12,909 | €12,060 | -€849 | -6.6% |
| Intangible fixed assets | 21 | €8,240 | €6,519 | -€1,721 | -20.9% |
| Tangible fixed assets | 22/27 | €3,889 | €4,761 | +€873 | +22.4% |
| Plant, machinery and equipment | 23 | €3,889 | €3,030 | -€859 | -22.1% |
| Other tangible fixed assets | 26 | - | €1,731 | +€1,731 | |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €91,226 | €120,831 | +€29,606 | +32.5% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 291 | €12,000 | €12,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,228 | €86,530 | +€25,302 | +41.3% |
| Trade receivables | 40 | €24,034 | €35,919 | +€11,885 | +49.4% |
| Other amounts receivable | 41 | €37,194 | €50,611 | +€13,417 | +36.1% |
| Cash at bank and in hand | 54/58 | €15,363 | €16,661 | +€1,297 | +8.4% |
| Deferred charges and accrued income | 490/1 | €2,634 | €5,640 | +€3,006 | +114% |
| Total equity and liabilities | 10/49 | €104,135 | €132,891 | +€28,757 | +27.6% |
| Equity | 10/15 | €82,419 | €118,975 | +€36,556 | +44.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €79,000 | €115,000 | +€36,000 | +45.6% |
| Distributable reserves | 133 | €79,000 | €115,000 | +€36,000 | +45.6% |
| Profit (loss) carried forward | 14 | €419 | €975 | +€556 | +133% |
| Amounts payable | 17/49 | €21,716 | €13,917 | -€7,799 | -35.9% |
| Amounts payable within one year | 42/48 | €21,716 | €13,517 | -€8,199 | -37.8% |
| Trade debts | 44 | €941 | €2,931 | +€1,990 | +212% |
| Suppliers | 440/4 | €941 | €2,931 | +€1,990 | +212% |
| Taxes, remuneration and social security | 45 | €20,775 | €10,586 | -€10,189 | -49.0% |
| Taxes | 450/3 | €20,775 | €10,586 | -€10,189 | -49.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,602 | €3,088 | +€1,486 | +92.7% |
| Other operating charges | 640/8 | €1,457 | €2,937 | +€1,479 | +101% |
| Gross operating margin | 9900 | €37,049 | €55,860 | +€18,811 | +50.8% |
| Operating profit (loss) | 9901 | €33,989 | €49,835 | +€15,845 | +46.6% |
| Financial income | 75/76B | €341 | €2,753 | +€2,412 | +708% |
| Recurring financial income | 75 | €341 | €2,753 | +€2,412 | +708% |
| Financial charges | 65/66B | €819 | €2,446 | +€1,626 | +199% |
| Recurring financial charges | 65 | €819 | €2,446 | +€1,626 | +199% |
| Profit (loss) for the period before taxes | 9903 | €33,511 | €50,142 | +€16,631 | +49.6% |
| Income taxes | 67/77 | €6,867 | €13,586 | +€6,719 | +97.9% |
| Profit (loss) for the period | 9904 | €26,644 | €36,556 | +€9,912 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,644 | €36,556 | +€9,912 | +37.2% |
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 20 October 2026 via checked.be.