THREE STONES GROUP: 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.
THREE STONES GROUP
Largest movements
- Receivables within one year +€43,245
up €43,245 (+648%), from €6,678 to €49,923
of which Trade receivables: +€43,236
- Tangible fixed assets -€6,270
down €6,270 (-22.7%), from €27,678 to €21,408
of which Other tangible fixed assets: -€4,313
- Cash -€5,711
down €5,711 (-100.0%), from €5,712 to €1
mainly Receivables within one year (-€43,245) and Current portion of long-term debt (-€8,373)
- Other debts +€25,624
up €25,624 (+120%), from €21,366 to €46,990
- Trade debts +€11,956
up €11,956 (+931%), from €1,285 to €13,241
- Current portion of long-term debt -€8,373
no longer reported in 2024 (was €8,373)
- Debts after one year +€1,500
up €1,500 (+19.5%), from €7,686 to €9,186
- Gross operating margin -€3,552
down €3,552 (-30.8%), from €11,525 to €7,973
- Write-downs -€2,400
no longer reported in 2024 (was €2,400)
- Other operating charges -€607
down €607 (-31.2%), from €1,944 to €1,337
- Financial income +€373
up €373 (+114%), from €326 to €698
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,874 | €75,138 | +€31,264 | +71.3% |
| Fixed assets | 21/28 | €31,278 | €25,008 | -€6,270 | -20.0% |
| Tangible fixed assets | 22/27 | €27,678 | €21,408 | -€6,270 | -22.7% |
| Furniture and vehicles | 24 | €2,789 | €1,005 | -€1,784 | -64.0% |
| Leasing and similar rights | 25 | €1,222 | €1,049 | -€173 | -14.2% |
| Other tangible fixed assets | 26 | €23,667 | €19,354 | -€4,313 | -18.2% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €12,596 | €50,130 | +€37,534 | +298% |
| Amounts receivable within one year | 40/41 | €6,678 | €49,923 | +€43,245 | +648% |
| Trade receivables | 40 | €6,678 | €49,914 | +€43,236 | +647% |
| Other amounts receivable | 41 | €0 | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €5,712 | €1 | -€5,711 | -100.0% |
| Deferred charges and accrued income | 490/1 | €206 | €206 | = | 0.0% |
| Total equity and liabilities | 10/49 | €43,874 | €75,138 | +€31,264 | +71.3% |
| Equity | 10/15 | €1,176 | €1,759 | +€582 | +49.5% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,324 | -€2,742 | +€582 | +17.5% |
| Amounts payable | 17/49 | €42,697 | €73,379 | +€30,682 | +71.9% |
| Amounts payable after more than one year | 17 | €7,686 | €9,186 | +€1,500 | +19.5% |
| Other amounts payable | 178/9 | €7,686 | €9,186 | +€1,500 | +19.5% |
| Amounts payable within one year | 42/48 | €35,011 | €64,193 | +€29,182 | +83.4% |
| Current portion of amounts payable after more than one year | 42 | €8,373 | - | -€8,373 | |
| Trade debts | 44 | €1,285 | €13,241 | +€11,956 | +931% |
| Suppliers | 440/4 | €1,285 | €13,241 | +€11,956 | +931% |
| Taxes, remuneration and social security | 45 | €3,987 | €3,962 | -€25 | -0.6% |
| Taxes | 450/3 | €3,987 | €3,962 | -€25 | -0.6% |
| Other amounts payable | 47/48 | €21,366 | €46,990 | +€25,624 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,179 | €6,270 | +€90 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,400 | - | -€2,400 | |
| Other operating charges | 640/8 | €1,944 | €1,337 | -€607 | -31.2% |
| Gross operating margin | 9900 | €11,525 | €7,973 | -€3,552 | -30.8% |
| Operating profit (loss) | 9901 | €1,001 | €366 | -€636 | -63.5% |
| Financial income | 75/76B | €326 | €698 | +€373 | +114% |
| Recurring financial income | 75 | €326 | €698 | +€373 | +114% |
| Financial charges | 65/66B | €538 | €482 | -€56 | -10.5% |
| Recurring financial charges | 65 | €538 | €482 | -€56 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €789 | €582 | -€207 | -26.2% |
| Profit (loss) for the period | 9904 | €789 | €582 | -€207 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €789 | €582 | -€207 | -26.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.