STONEHILL: 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.
STONEHILL
Largest movements
- Tangible fixed assets -€11,879
down €11,879 (-2.9%), from €415,849 to €403,970
- Cash -€5,266
down €5,266 (-5.1%), from €103,035 to €97,769
mainly Debts after one year (-€30,060) and Accrued charges and deferred income (-€6,115)
- Debts after one year -€30,060
down €30,060 (-9.5%), from €316,034 to €285,974
of which Other amounts payable: -€30,060
- Profit (loss) carried forward +€26,680
up €26,680 (+21.6%), from -€123,785 to -€97,105
- Accrued charges and deferred income -€6,115
down €6,115 (-55.6%), from €11,005 to €4,890
No income-statement line moved by more than 1% of the activity.
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 | €520,163 | €504,878 | -€15,285 | -2.9% |
| Fixed assets | 21/28 | €415,881 | €404,002 | -€11,879 | -2.9% |
| Tangible fixed assets | 22/27 | €415,849 | €403,970 | -€11,879 | -2.9% |
| Land and buildings | 22 | €415,849 | €403,970 | -€11,879 | -2.9% |
| Financial fixed assets | 28 | €32 | €32 | = | 0.0% |
| Current assets | 29/58 | €104,282 | €100,876 | -€3,406 | -3.3% |
| Amounts receivable within one year | 40/41 | €1,247 | €3,107 | +€1,860 | +149.2% |
| Other amounts receivable | 41 | €1,247 | €3,107 | +€1,860 | +149.2% |
| Cash at bank and in hand | 54/58 | €103,035 | €97,769 | -€5,266 | -5.1% |
| Total equity and liabilities | 10/49 | €520,163 | €504,878 | -€15,285 | -2.9% |
| Equity | 10/15 | €133,851 | €157,059 | +€23,208 | +17.3% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Capital | 10 | €220,000 | €220,000 | = | 0.0% |
| Issued capital | 100 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €37,636 | €34,164 | -€3,472 | -9.2% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Legal reserve | 130 | €6,817 | €6,817 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,819 | €27,347 | -€3,472 | -11.3% |
| Profit (loss) carried forward | 14 | -€123,785 | -€97,105 | +€26,680 | +21.6% |
| Provisions and deferred taxes | 16 | €14,905 | €12,587 | -€2,318 | -15.6% |
| Deferred taxes | 168 | €14,905 | €12,587 | -€2,318 | -15.6% |
| Amounts payable | 17/49 | €371,407 | €335,232 | -€36,175 | -9.7% |
| Amounts payable after more than one year | 17 | €316,034 | €285,974 | -€30,060 | -9.5% |
| Financial debts | 170/4 | €220,000 | €220,000 | = | 0.0% |
| Other amounts payable | 178/9 | €96,034 | €65,974 | -€30,060 | -31.3% |
| Amounts payable within one year | 42/48 | €44,368 | €44,368 | = | 0.0% |
| Trade debts | 44 | €22,322 | €22,322 | = | 0.0% |
| Suppliers | 440/4 | €22,322 | €22,322 | = | 0.0% |
| Other amounts payable | 47/48 | €22,046 | €22,046 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,005 | €4,890 | -€6,115 | -55.6% |
| Non-recurring operating income | 76A | - | €1,465 | +€1,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,076 | €13,343 | -€733 | -5.2% |
| Other operating charges | 640/8 | €8,532 | €8,866 | +€334 | +3.9% |
| Gross operating margin | 9900 | €74,834 | €75,045 | +€211 | +0.3% |
| Operating profit (loss) | 9901 | €52,226 | €52,836 | +€610 | +1.2% |
| Financial charges | 65/66B | €23,005 | €23,053 | +€48 | +0.2% |
| Recurring financial charges | 65 | €23,005 | €23,053 | +€48 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €29,221 | €29,783 | +€562 | +1.9% |
| Transfer from deferred taxes | 780 | €2,318 | €2,318 | = | 0.0% |
| Income taxes | 67/77 | €8,753 | €8,893 | +€140 | +1.6% |
| Profit (loss) for the period | 9904 | €22,786 | €23,208 | +€422 | +1.9% |
| Transfer from tax-exempt reserves | 789 | €3,472 | €3,472 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,258 | €26,680 | +€422 | +1.6% |
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.