STONEFLAX: 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.
STONEFLAX
Largest movements
- Deferred charges and accrued income +€722,643
up €722,643 (+14058.3%), from €5,140 to €727,784
- Tangible fixed assets +€174,476
up €174,476 (+17.6%), from €990,387 to €1.2m
of which Plant, machinery and equipment: +€183,882
- Receivables within one year -€43,328
down €43,328 (-9.2%), from €471,593 to €428,264
of which Trade receivables: -€22,170
- Reserves +€458,833
up €458,833 (+35.0%), from €1.3m to €1.8m
of which Distributable reserves: +€354,926
- Trade debts +€359,169
up €359,169 (+212.1%), from €169,338 to €528,506
- Provisions +€34,636
new in 2025: €34,636
- Current portion of long-term debt -€29,548
down €29,548 (-25.5%), from €116,096 to €86,548
- Gross operating margin -€364,175
down €364,175 (-28.1%), from €1.3m to €931,859
- Taxes -€161,927
down €161,927 (-62.2%), from €260,469 to €98,542
- Depreciation +€135,114
up €135,114 (+69.3%), from €194,924 to €330,037
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 | €1,827,219 | €2,652,309 | +€825,090 | +45.2% |
| Fixed assets | 21/28 | €990,387 | €1,164,863 | +€174,476 | +17.6% |
| Tangible fixed assets | 22/27 | €990,387 | €1,164,863 | +€174,476 | +17.6% |
| Land and buildings | 22 | €1,656 | €8,647 | +€6,991 | +422.2% |
| Plant, machinery and equipment | 23 | €886,909 | €1,070,791 | +€183,882 | +20.7% |
| Furniture and vehicles | 24 | €92,182 | €84,972 | -€7,210 | -7.8% |
| Leasing and similar rights | 25 | €9,640 | €453 | -€9,186 | -95.3% |
| Current assets | 29/58 | €836,832 | €1,487,445 | +€650,614 | +77.7% |
| Stocks and contracts in progress | 3 | €149,100 | €146,686 | -€2,414 | -1.6% |
| Stocks | 30/36 | €149,100 | €146,686 | -€2,414 | -1.6% |
| Amounts receivable within one year | 40/41 | €471,593 | €428,264 | -€43,328 | -9.2% |
| Trade receivables | 40 | €394,052 | €371,883 | -€22,170 | -5.6% |
| Other amounts receivable | 41 | €77,540 | €56,381 | -€21,159 | -27.3% |
| Cash at bank and in hand | 54/58 | €210,999 | €184,712 | -€26,287 | -12.5% |
| Deferred charges and accrued income | 490/1 | €5,140 | €727,784 | +€722,643 | +14058.3% |
| Total equity and liabilities | 10/49 | €1,827,219 | €2,652,309 | +€825,090 | +45.2% |
| Equity | 10/15 | €1,316,441 | €1,775,274 | +€458,833 | +34.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,311,441 | €1,770,274 | +€458,833 | +35.0% |
| Tax-exempt reserves | 132 | - | €103,907 | +€103,907 | |
| Distributable reserves | 133 | €1,311,441 | €1,666,367 | +€354,926 | +27.1% |
| Provisions and deferred taxes | 16 | - | €34,636 | +€34,636 | |
| Deferred taxes | 168 | - | €34,636 | +€34,636 | |
| Amounts payable | 17/49 | €510,777 | €842,399 | +€331,622 | +64.9% |
| Amounts payable after more than one year | 17 | €210,406 | €224,795 | +€14,388 | +6.8% |
| Financial debts | 170/4 | €201,345 | €214,797 | +€13,452 | +6.7% |
| Other amounts payable | 178/9 | €9,062 | €9,998 | +€936 | +10.3% |
| Amounts payable within one year | 42/48 | €300,371 | €617,604 | +€317,234 | +105.6% |
| Current portion of amounts payable after more than one year | 42 | €116,096 | €86,548 | -€29,548 | -25.5% |
| Trade debts | 44 | €169,338 | €528,506 | +€359,169 | +212.1% |
| Suppliers | 440/4 | €169,338 | €528,506 | +€359,169 | +212.1% |
| Taxes, remuneration and social security | 45 | €14,937 | €2,550 | -€12,387 | -82.9% |
| Taxes | 450/3 | €11,787 | €2,550 | -€9,237 | -78.4% |
| Remuneration and social security | 454/9 | €3,150 | - | -€3,150 | |
| Non-recurring operating income | 76A | €265,958 | €140,000 | -€125,958 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,924 | €330,037 | +€135,114 | +69.3% |
| Other operating charges | 640/8 | €1,054 | €999 | -€55 | -5.2% |
| Gross operating margin | 9900 | €1,296,034 | €931,859 | -€364,175 | -28.1% |
| Operating profit (loss) | 9901 | €1,100,057 | €600,822 | -€499,234 | -45.4% |
| Financial income | 75/76B | €4,105 | €514 | -€3,591 | -87.5% |
| Recurring financial income | 75 | €4,105 | €514 | -€3,591 | -87.5% |
| Financial charges | 65/66B | €5,015 | €9,326 | +€4,311 | +86.0% |
| Recurring financial charges | 65 | €5,015 | €9,326 | +€4,311 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | €1,099,146 | €592,010 | -€507,136 | -46.1% |
| Transfer from deferred taxes | 780 | - | €364 | +€364 | |
| Transfer to deferred taxes | 680 | - | €35,000 | +€35,000 | |
| Income taxes | 67/77 | €260,469 | €98,542 | -€161,927 | -62.2% |
| Profit (loss) for the period | 9904 | €838,678 | €458,833 | -€379,845 | -45.3% |
| Transfer from tax-exempt reserves | 789 | - | €1,093 | +€1,093 | |
| Transfer to tax-exempt reserves | 689 | - | €105,000 | +€105,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €838,678 | €354,926 | -€483,752 | -57.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.