STONEAGE: 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.
STONEAGE
Largest movements
- Receivables within one year +€44,341
up €44,341 (+21.7%), from €204,781 to €249,122
of which Other amounts receivable: +€86,257
- Cash -€15,773
down €15,773 (-40.8%), from €38,659 to €22,886
mainly Receivables within one year (-€44,341) and Debts after one year (-€20,850)
- Trade debts +€24,769
up €24,769 (+1336.5%), from €1,853 to €26,622
- Debts after one year -€20,850
down €20,850 (-79.8%), from €26,142 to €5,291
- Other debts +€15,238
up €15,238 (+12.6%), from €120,613 to €135,850
- Gross operating margin -€15,828
down €15,828 (-33.9%), from €46,741 to €30,913
- Depreciation -€10,836
down €10,836 (-67.2%), from €16,132 to €5,297
- Financial charges -€6,766
down €6,766 (-29.8%), from €22,738 to €15,972
- Other operating charges -€1,423
down €1,423 (-18.6%), from €7,668 to €6,245
- Taxes +€1,064
up €1,064 (+190.9%), from €557 to €1,622
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 | €746,416 | €769,133 | +€22,717 | +3.0% |
| Fixed assets | 21/28 | €502,422 | €497,125 | -€5,297 | -1.1% |
| Tangible fixed assets | 22/27 | €502,297 | €497,000 | -€5,297 | -1.1% |
| Land and buildings | 22 | €502,297 | €497,000 | -€5,297 | -1.1% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €243,994 | €272,008 | +€28,014 | +11.5% |
| Amounts receivable within one year | 40/41 | €204,781 | €249,122 | +€44,341 | +21.7% |
| Trade receivables | 40 | €83,088 | €41,172 | -€41,916 | -50.4% |
| Other amounts receivable | 41 | €121,693 | €207,950 | +€86,257 | +70.9% |
| Cash at bank and in hand | 54/58 | €38,659 | €22,886 | -€15,773 | -40.8% |
| Deferred charges and accrued income | 490/1 | €554 | €0 | -€554 | -100.0% |
| Total equity and liabilities | 10/49 | €746,416 | €769,133 | +€22,717 | +3.0% |
| Equity | 10/15 | €503,655 | €507,260 | +€3,605 | +0.7% |
| Contributions | 10/11 | €460,000 | €460,000 | = | 0.0% |
| Capital | 10 | €460,000 | €460,000 | = | 0.0% |
| Issued capital | 100 | €460,000 | €460,000 | = | 0.0% |
| Reserves | 13 | €43,655 | €47,260 | +€3,605 | +8.3% |
| Non-distributable reserves | 130/1 | €10,699 | €10,921 | +€223 | +2.1% |
| Legal reserve | 130 | €10,699 | €10,921 | +€223 | +2.1% |
| Distributable reserves | 133 | €32,956 | €36,338 | +€3,382 | +10.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €242,761 | €261,873 | +€19,112 | +7.9% |
| Amounts payable after more than one year | 17 | €26,142 | €5,291 | -€20,850 | -79.8% |
| Financial debts | 170/4 | €26,142 | €5,291 | -€20,850 | -79.8% |
| Amounts payable within one year | 42/48 | €213,641 | €254,944 | +€41,304 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €20,355 | €20,850 | +€496 | +2.4% |
| Financial debts | 43 | €70,000 | €70,000 | = | 0.0% |
| Credit institutions | 430/8 | €70,000 | €70,000 | = | 0.0% |
| Trade debts | 44 | €1,853 | €26,622 | +€24,769 | +1336.5% |
| Suppliers | 440/4 | €1,853 | €26,622 | +€24,769 | +1336.5% |
| Taxes, remuneration and social security | 45 | €820 | €1,622 | +€802 | +97.8% |
| Taxes | 450/3 | €820 | €1,622 | +€802 | +97.8% |
| Other amounts payable | 47/48 | €120,613 | €135,850 | +€15,238 | +12.6% |
| Accrued charges and deferred income | 492/3 | €2,979 | €1,638 | -€1,341 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,132 | €5,297 | -€10,836 | -67.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,668 | €6,245 | -€1,423 | -18.6% |
| Gross operating margin | 9900 | €46,741 | €30,913 | -€15,828 | -33.9% |
| Operating profit (loss) | 9901 | €22,940 | €19,371 | -€3,569 | -15.6% |
| Financial income | 75/76B | €1,843 | €2,677 | +€834 | +45.2% |
| Recurring financial income | 75 | €1,843 | €2,677 | +€834 | +45.2% |
| Financial charges | 65/66B | €22,738 | €15,972 | -€6,766 | -29.8% |
| Recurring financial charges | 65 | €22,738 | €15,972 | -€6,766 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €2,046 | €6,077 | +€4,031 | +197.0% |
| Income taxes | 67/77 | €557 | €1,622 | +€1,064 | +190.9% |
| Profit (loss) for the period | 9904 | €1,488 | €4,455 | +€2,967 | +199.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,488 | €4,455 | +€2,967 | +199.3% |
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 9 October 2026 via checked.be.