STONEGATE: 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.
STONEGATE
Largest movements
- Tangible fixed assets -€34,924
down €34,924 (-19.6%), from €178,442 to €143,518
of which Land and buildings: -€34,806
- Stocks and contracts -€13,101
down €13,101 (-6.7%), from €196,139 to €183,038
- Receivables within one year -€10,522
down €10,522 (-26.8%), from €39,324 to €28,802
of which Other amounts receivable: -€6,128
- Cash -€4,742
down €4,742 (-59.9%), from €7,911 to €3,169
mainly Debts after one year (-€32,406) and Net result for the year (-€25,866)
- Financial fixed assets +€4,574
new in 2025: €4,574
- Debts after one year -€32,406
down €32,406 (-27.6%), from €117,550 to €85,144
- Other debts +€29,554
up €29,554 (+19.2%), from €153,982 to €183,535
- Profit (loss) carried forward -€25,866
down €25,866 (-6.7%), from -€383,446 to -€409,312
- Short-term financial debts -€15,000
down €15,000 (-30.6%), from €49,020 to €34,020
- Current portion of long-term debt -€10,650
down €10,650 (-24.7%), from €43,056 to €32,406
- Gross operating margin +€19,372
up €19,372 (+171%), from €11,350 to €30,722
- Financial charges -€1,922
down €1,922 (-14.1%), from €13,609 to €11,687
- Other operating charges -€842
down €842 (-14.5%), from €5,801 to €4,960
- Depreciation +€828
up €828 (+2.1%), from €39,737 to €40,564
- Taxes +€343
new in 2025: €343
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 | €424,738 | €367,249 | -€57,489 | -13.5% |
| Fixed assets | 21/28 | €178,442 | €148,091 | -€30,351 | -17.0% |
| Tangible fixed assets | 22/27 | €178,442 | €143,518 | -€34,924 | -19.6% |
| Land and buildings | 22 | €146,956 | €112,151 | -€34,806 | -23.7% |
| Plant, machinery and equipment | 23 | €31,486 | €31,367 | -€119 | -0.4% |
| Financial fixed assets | 28 | - | €4,574 | +€4,574 | |
| Current assets | 29/58 | €246,296 | €219,157 | -€27,138 | -11.0% |
| Stocks and contracts in progress | 3 | €196,139 | €183,038 | -€13,101 | -6.7% |
| Stocks | 30/36 | €196,139 | €183,038 | -€13,101 | -6.7% |
| Amounts receivable within one year | 40/41 | €39,324 | €28,802 | -€10,522 | -26.8% |
| Trade receivables | 40 | €28,034 | €23,640 | -€4,394 | -15.7% |
| Other amounts receivable | 41 | €11,290 | €5,162 | -€6,128 | -54.3% |
| Cash at bank and in hand | 54/58 | €7,911 | €3,169 | -€4,742 | -59.9% |
| Deferred charges and accrued income | 490/1 | €2,921 | €4,149 | +€1,228 | +42.0% |
| Total equity and liabilities | 10/49 | €424,738 | €367,249 | -€57,489 | -13.5% |
| Equity | 10/15 | -€364,572 | -€390,712 | -€26,140 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€383,446 | -€409,312 | -€25,866 | -6.7% |
| Investment grants | 15 | €274 | - | -€274 | |
| Amounts payable | 17/49 | €789,310 | €757,961 | -€31,348 | -4.0% |
| Amounts payable after more than one year | 17 | €117,550 | €85,144 | -€32,406 | -27.6% |
| Financial debts | 170/4 | €117,550 | €85,144 | -€32,406 | -27.6% |
| Amounts payable within one year | 42/48 | €670,550 | €671,813 | +€1,262 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €43,056 | €32,406 | -€10,650 | -24.7% |
| Financial debts | 43 | €49,020 | €34,020 | -€15,000 | -30.6% |
| Credit institutions | 430/8 | €49,020 | €34,020 | -€15,000 | -30.6% |
| Trade debts | 44 | €423,043 | €421,207 | -€1,835 | -0.4% |
| Suppliers | 440/4 | €423,043 | €421,207 | -€1,835 | -0.4% |
| Taxes, remuneration and social security | 45 | €1,450 | €644 | -€806 | -55.6% |
| Taxes | 450/3 | €1,450 | €644 | -€806 | -55.6% |
| Other amounts payable | 47/48 | €153,982 | €183,535 | +€29,554 | +19.2% |
| Accrued charges and deferred income | 492/3 | €1,210 | €1,005 | -€205 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,737 | €40,564 | +€828 | +2.1% |
| Other operating charges | 640/8 | €5,801 | €4,960 | -€842 | -14.5% |
| Gross operating margin | 9900 | €11,350 | €30,722 | +€19,372 | +171% |
| Operating profit (loss) | 9901 | -€34,187 | -€14,801 | +€19,386 | +56.7% |
| Financial income | 75/76B | €1,202 | €965 | -€237 | -19.7% |
| Recurring financial income | 75 | €1,202 | €965 | -€237 | -19.7% |
| Financial charges | 65/66B | €13,609 | €11,687 | -€1,922 | -14.1% |
| Recurring financial charges | 65 | €13,609 | €11,687 | -€1,922 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,595 | -€25,523 | +€21,072 | +45.2% |
| Income taxes | 67/77 | - | €343 | +€343 | |
| Profit (loss) for the period | 9904 | -€46,595 | -€25,866 | +€20,728 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,595 | -€25,866 | +€20,728 | +44.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.