TOUCH STONE: 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.
What changed
TOUCH STONE
NACE 46.861, Wholesale of diamonds and other precious stones
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€84,668
2023 · €351,607-€266,939
Equity
€7.5m
2023 · €7.4m+€84,668
Cash
€4.5m
2023 · €6.9m-€2.5m
Balance sheet total
€10.5m
2023 · €13.5m-€3.0m
Largest movements
Assets
- Cash -€2.5m
down €2.5m (-35.7%), from €6.9m to €4.5m
mainly Trade debts (-€3.0m) and Tax, wage and social debts (-€93,974)
- Receivables within one year -€513,800
down €513,800 (-35.0%), from €1.5m to €956,190
of which Trade receivables: -€642,521
Equity and liabilities
- Trade debts -€3.0m
down €3.0m (-49.9%), from €5.9m to €3.0m
Income statement
- Turnover -€15.2m
down €15.2m (-52.3%), from €29.0m to €13.8m
- Goods and materials -€14.8m
down €14.8m (-52.3%), from €28.3m to €13.5m
of which Purchases: -€11.9m
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.
Result 2023
€351,607
Turnover
-€15.2m
Other operating income
-€11,177
Goods and materials
+€14.8m
Services and other goods
+€55,504
Staff costs
+€4,729
Depreciation
-€3,353
Write-downs
+€9,096
Other operating charges
+€318
Other operating items
+€10,775
Financial income
-€32,495
Financial charges
+€315
Taxes
+€77,298
Result 2024
€84,668
Cash bridge derived
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.
From operations
-€2.5m
Investment
-€7,882
Financing
€0
Cash 2023
€6.9m
From operations (derived)
-€2.5m
Net result for the year
+€84,668
Depreciation
+€20,616
Receivables after one year
-€51,380
Stocks and contracts
+€19,014
Receivables within one year
+€513,800
Smaller working-capital items
+€5,332
Trade debts
-€3.0m
Tax, wage and social debts
-€93,974
Other debts
-€13,601
Investment (derived)
-€7,882
Investment in fixed assets (net)
-€7,882
Cash 2024
€4.5m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,472,941 | €10,501,126 | -€3.0m | -22.1% |
| Fixed assets | 21/28 | €125,467 | €112,733 | -€12,734 | -10.1% |
| Tangible fixed assets | 22/27 | €123,905 | €111,172 | -€12,734 | -10.3% |
| Plant, machinery and equipment | 23 | €119,430 | €108,897 | -€10,533 | -8.8% |
| Furniture and vehicles | 24 | €3,486 | €1,593 | -€1,893 | -54.3% |
| Other tangible fixed assets | 26 | €990 | €682 | -€308 | -31.1% |
| Financial fixed assets | 28 | €1,562 | €1,562 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,562 | €1,562 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,562 | €1,562 | = | 0.0% |
| Current assets | 29/58 | €13,347,473 | €10,388,392 | -€3.0m | -22.2% |
| Amounts receivable after more than one year | 29 | €2,665,282 | €2,716,662 | +€51,380 | +1.9% |
| Other amounts receivable | 291 | €2,665,282 | €2,716,662 | +€51,380 | +1.9% |
| Stocks and contracts in progress | 3 | €2,267,084 | €2,248,069 | -€19,014 | -0.8% |
| Stocks | 30/36 | €2,267,084 | €2,248,069 | -€19,014 | -0.8% |
| Goods purchased for resale | 34 | €2,267,084 | €2,248,069 | -€19,014 | -0.8% |
| Amounts receivable within one year | 40/41 | €1,469,991 | €956,190 | -€513,800 | -35.0% |
| Trade receivables | 40 | €1,350,471 | €707,950 | -€642,521 | -47.6% |
| Other amounts receivable | 41 | €119,519 | €248,240 | +€128,721 | +107.7% |
| Cash at bank and in hand | 54/58 | €6,940,716 | €4,464,429 | -€2.5m | -35.7% |
| Deferred charges and accrued income | 490/1 | €4,401 | €3,042 | -€1,359 | -30.9% |
| Total equity and liabilities | 10/49 | €13,472,941 | €10,501,126 | -€3.0m | -22.1% |
| Equity | 10/15 | €7,412,179 | €7,496,847 | +€84,668 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,393,579 | €7,478,247 | +€84,668 | +1.1% |
| Distributable reserves | 133 | €7,393,579 | €7,478,247 | +€84,668 | +1.1% |
| Amounts payable | 17/49 | €6,060,762 | €3,004,279 | -€3.1m | -50.4% |
| Amounts payable within one year | 42/48 | €6,057,534 | €2,997,078 | -€3.1m | -50.5% |
| Trade debts | 44 | €5,919,166 | €2,966,285 | -€3.0m | -49.9% |
| Suppliers | 440/4 | €5,919,166 | €2,966,285 | -€3.0m | -49.9% |
| Taxes, remuneration and social security | 45 | €124,767 | €30,793 | -€93,974 | -75.3% |
| Taxes | 450/3 | €111,939 | €18,797 | -€93,142 | -83.2% |
| Remuneration and social security | 454/9 | €12,828 | €11,996 | -€832 | -6.5% |
| Other amounts payable | 47/48 | €13,601 | - | -€13,601 | |
| Accrued charges and deferred income | 492/3 | €3,228 | €7,201 | +€3,973 | +123.1% |
| Operating income | 70/76A | €29,037,266 | €13,840,875 | -€15.2m | -52.3% |
| Turnover | 70 | €29,018,527 | €13,833,313 | -€15.2m | -52.3% |
| Other operating income | 74 | €18,739 | €7,562 | -€11,177 | -59.6% |
| Operating charges | 60/66A | €28,681,120 | €13,796,786 | -€14.9m | -51.9% |
| Goods for resale, raw materials and consumables | 60 | €28,334,687 | €13,527,421 | -€14.8m | -52.3% |
| Purchases | 600/8 | €25,391,251 | €13,508,407 | -€11.9m | -46.8% |
| Change in stocks: decrease (increase) | 609 | €2,943,436 | €19,014 | -€2.9m | -99.4% |
| Services and other goods | 61 | €291,562 | €236,059 | -€55,504 | -19.0% |
| Remuneration, social security and pensions | 62 | €34,926 | €30,197 | -€4,729 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,262 | €20,616 | +€3,353 | +19.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,946 | -€21,041 | -€9,096 | -76.1% |
| Other operating charges | 640/8 | €3,853 | €3,535 | -€318 | -8.3% |
| Non-recurring operating charges | 66A | €10,775 | - | -€10,775 | |
| Operating profit (loss) | 9901 | €356,146 | €44,089 | -€312,057 | -87.6% |
| Financial income | 75/76B | €116,180 | €83,685 | -€32,495 | -28.0% |
| Recurring financial income | 75 | €116,180 | €83,685 | -€32,495 | -28.0% |
| Other financial income | 752/9 | €116,180 | €83,685 | -€32,495 | -28.0% |
| Financial charges | 65/66B | €17,544 | €17,229 | -€315 | -1.8% |
| Recurring financial charges | 65 | €17,544 | €17,229 | -€315 | -1.8% |
| Debt charges | 650 | €109 | - | -€109 | |
| Other financial charges | 652/9 | €17,435 | €17,229 | -€207 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €454,782 | €110,546 | -€344,237 | -75.7% |
| Income taxes | 67/77 | €103,175 | €25,877 | -€77,298 | -74.9% |
| Taxes | 670/3 | €103,175 | €25,877 | -€77,298 | -74.9% |
| Profit (loss) for the period | 9904 | €351,607 | €84,668 | -€266,939 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €351,607 | €84,668 | -€266,939 | -75.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.