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TOTAL STONE CONCEPTS: 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.

What changed

TOTAL STONE CONCEPTS

BE 0754.739.083
NACE 23.700, Cutting, shaping and finishing of stone
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€45,533
2024 · €15,909+€29,624
Equity
€126,873
2024 · €111,340+€15,533
Cash
€92,004
2024 · €77,372+€14,632
Balance sheet total
€900,310
2024 · €799,745+€100,565

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€139,945

    up €139,945 (+55.4%), from €252,823 to €392,769

    of which Trade receivables: +€127,136

  • Tangible fixed assets -€35,888

    down €35,888 (-8.3%), from €433,251 to €397,363

    of which Furniture and vehicles: -€19,175

  • Deferred charges and accrued income -€21,318

    down €21,318 (-97.4%), from €21,883 to €566

  • Cash +€14,632

    up €14,632 (+18.9%), from €77,372 to €92,004

    mainly Trade debts (+€65,563) and Short-term financial debts (+€50,000)

Equity and liabilities
  • Trade debts +€65,563

    up €65,563 (+27.3%), from €239,934 to €305,497

  • Debts after one year -€50,701

    down €50,701 (-14.0%), from €362,899 to €312,198

  • Short-term financial debts +€50,000

    new in 2025: €50,000

  • Other debts +€30,182

    up €30,182 (+6,361%), from €474 to €30,657

  • Reserves +€15,533

    up €15,533 (+14.6%), from €106,340 to €121,873

Income statement
  • Depreciation -€54,395

    down €54,395 (-52.3%), from €104,077 to €49,682

  • Gross operating margin -€17,769

    down €17,769 (-7.0%), from €253,437 to €235,667

  • Staff costs +€9,345

    up €9,345 (+10.5%), from €89,006 to €98,351

  • Financial charges -€7,381

    down €7,381 (-23.4%), from €31,509 to €24,128

    of which Financial charges: -€9,603

  • Taxes +€5,454

    up €5,454 (+71.4%), from €7,639 to €13,092

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,909
Gross operating margin -€17,769
Staff costs -€9,345
Depreciation +€54,395
Other operating charges -€142
Financial income +€559
Financial charges +€7,381
Taxes -€5,454
Result 2025 €45,533
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€74,054
Investment -€17,082
Financing -€42,340
Cash 2024 €77,372
Net result for the year +€45,533
Depreciation +€49,682
Stocks and contracts +€95
Receivables within one year -€139,945
Deferred charges and accrued income +€21,318
Trade debts +€65,563
Tax, wage and social debts -€1,149
Other debts +€30,182
Accrued charges and deferred income +€2,775
Investment in fixed assets (net) -€17,082
Debts after one year -€50,701
Current portion of long-term debt -€11,639
Short-term financial debts +€50,000
Contributions, distributions and other -€30,000
Cash 2025 €92,004
brings cash intakes cash out
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €799,745 €900,310 +€100,565 +12.6%
Fixed assets 21/28 €437,051 €404,450 -€32,600 -7.5%
Intangible fixed assets 21 - €3,288 +€3,288
Tangible fixed assets 22/27 €433,251 €397,363 -€35,888 -8.3%
Land and buildings 22 €367,359 €357,305 -€10,055 -2.7%
Plant, machinery and equipment 23 €17,166 €14,738 -€2,428 -14.1%
Furniture and vehicles 24 €44,495 €25,320 -€19,175 -43.1%
Leasing and similar rights 25 €4,231 €0 -€4,231 -100%
Financial fixed assets 28 €3,800 €3,800 = 0.0%
Current assets 29/58 €362,695 €495,860 +€133,165 +36.7%
Stocks and contracts in progress 3 €10,616 €10,522 -€95 -0.9%
Stocks 30/36 €10,616 €10,522 -€95 -0.9%
Amounts receivable within one year 40/41 €252,823 €392,769 +€139,945 +55.4%
Trade receivables 40 €156,094 €283,230 +€127,136 +81.4%
Other amounts receivable 41 €96,730 €109,539 +€12,809 +13.2%
Cash at bank and in hand 54/58 €77,372 €92,004 +€14,632 +18.9%
Deferred charges and accrued income 490/1 €21,883 €566 -€21,318 -97.4%
Total equity and liabilities 10/49 €799,745 €900,310 +€100,565 +12.6%
Equity 10/15 €111,340 €126,873 +€15,533 +14.0%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €106,340 €121,873 +€15,533 +14.6%
Distributable reserves 133 €106,340 €121,873 +€15,533 +14.6%
Amounts payable 17/49 €688,406 €773,438 +€85,032 +12.4%
Amounts payable after more than one year 17 €362,899 €312,198 -€50,701 -14.0%
Financial debts 170/4 €362,899 €312,198 -€50,701 -14.0%
Amounts payable within one year 42/48 €325,506 €458,465 +€132,958 +40.8%
Current portion of amounts payable after more than one year 42 €79,718 €68,080 -€11,639 -14.6%
Financial debts 43 - €50,000 +€50,000
Credit institutions 430/8 - €50,000 +€50,000
Trade debts 44 €239,934 €305,497 +€65,563 +27.3%
Suppliers 440/4 €239,934 €305,497 +€65,563 +27.3%
Taxes, remuneration and social security 45 €5,380 €4,231 -€1,149 -21.4%
Taxes 450/3 €2,639 €4,231 +€1,592 +60.3%
Remuneration and social security 454/9 €2,741 - -€2,741
Other amounts payable 47/48 €474 €30,657 +€30,182 +6,361%
Accrued charges and deferred income 492/3 - €2,775 +€2,775
Remuneration, social security and pensions 62 €89,006 €98,351 +€9,345 +10.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €104,077 €49,682 -€54,395 -52.3%
Other operating charges 640/8 €5,951 €6,093 +€142 +2.4%
Gross operating margin 9900 €253,437 €235,667 -€17,769 -7.0%
Operating profit (loss) 9901 €54,403 €81,541 +€27,138 +49.9%
Financial income 75/76B €653 €1,212 +€559 +85.6%
Recurring financial income 75 €653 €1,212 +€559 +85.6%
Financial charges 65/66B €31,509 €24,128 -€7,381 -23.4%
Recurring financial charges 65 €31,509 €21,906 -€9,603 -30.5%
Non-recurring financial charges 66B - €2,223 +€2,223
Profit (loss) for the period before taxes 9903 €23,547 €58,625 +€35,078 +149%
Income taxes 67/77 €7,639 €13,092 +€5,454 +71.4%
Profit (loss) for the period 9904 €15,909 €45,533 +€29,624 +186%
Profit (loss) for the period to be appropriated 9905 €15,909 €45,533 +€29,624 +186%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.