STOONE: 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.
STOONE
Largest movements
- Tangible fixed assets -€75,000
down €75,000 (-1.9%), from €4.0m to €4.0m
- Cash -€56,553
down €56,553 (-75.1%), from €75,273 to €18,720
mainly Debts after one year (-€162,781) and Current portion of long-term debt (-€112,500)
- Debts after one year -€162,781
down €162,781 (-4.1%), from €4.0m to €3.8m
- Short-term financial debts +€150,000
new in 2025: €150,000
- Current portion of long-term debt -€112,500
no longer reported in 2025 (was €112,500)
- Gross operating margin +€272,252
up €272,252, from -€2,186 to €270,066
- Financial charges +€144,344
up €144,344 (+400.8%), from €36,013 to €180,357
- Depreciation +€68,750
up €68,750 (+1100.0%), from €6,250 to €75,000
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 | €4,160,406 | €4,031,873 | -€128,532 | -3.1% |
| Fixed assets | 21/28 | €4,043,750 | €3,968,750 | -€75,000 | -1.9% |
| Tangible fixed assets | 22/27 | €4,043,750 | €3,968,750 | -€75,000 | -1.9% |
| Land and buildings | 22 | €4,043,750 | €3,968,750 | -€75,000 | -1.9% |
| Current assets | 29/58 | €116,656 | €63,123 | -€53,532 | -45.9% |
| Stocks and contracts in progress | 3 | €7,587 | €37,155 | +€29,569 | +389.7% |
| Contracts in progress | 37 | €7,587 | €37,155 | +€29,569 | +389.7% |
| Amounts receivable within one year | 40/41 | - | €339 | +€339 | |
| Trade receivables | 40 | - | €339 | +€339 | |
| Cash at bank and in hand | 54/58 | €75,273 | €18,720 | -€56,553 | -75.1% |
| Deferred charges and accrued income | 490/1 | €33,796 | €6,909 | -€26,886 | -79.6% |
| Total equity and liabilities | 10/49 | €4,160,406 | €4,031,873 | -€128,532 | -3.1% |
| Equity | 10/15 | €74,109 | €88,181 | +€14,072 | +19.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,891 | -€31,819 | +€14,072 | +30.7% |
| Amounts payable | 17/49 | €4,086,297 | €3,943,692 | -€142,604 | -3.5% |
| Amounts payable after more than one year | 17 | €3,955,032 | €3,792,251 | -€162,781 | -4.1% |
| Financial debts | 170/4 | €3,955,032 | €3,792,251 | -€162,781 | -4.1% |
| Amounts payable within one year | 42/48 | €120,705 | €151,442 | +€30,737 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €112,500 | - | -€112,500 | |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €8,205 | €1,442 | -€6,763 | -82.4% |
| Suppliers | 440/4 | €8,205 | €1,442 | -€6,763 | -82.4% |
| Accrued charges and deferred income | 492/3 | €10,560 | - | -€10,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,250 | €75,000 | +€68,750 | +1100.0% |
| Other operating charges | 640/8 | €1,442 | €637 | -€804 | -55.8% |
| Gross operating margin | 9900 | -€2,186 | €270,066 | +€272,252 | |
| Operating profit (loss) | 9901 | -€9,877 | €194,429 | +€204,307 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €36,013 | €180,357 | +€144,344 | +400.8% |
| Recurring financial charges | 65 | €36,013 | €180,357 | +€144,344 | +400.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,891 | €14,072 | +€59,963 | |
| Profit (loss) for the period | 9904 | -€45,891 | €14,072 | +€59,963 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,891 | €14,072 | +€59,963 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.