UNITED STONE PRODUCTS: what changed
What changed
UNITED STONE PRODUCTS
NACE 23.700, Cutting, shaping and finishing of stone
filed annual accounts (NBB)
Net result for the year
€42,746
2023 · €94,673-€51,927
Equity
€686,211
2023 · €643,465+€42,746
Cash
€260,126
2023 · €127,994+€132,132
Balance sheet total
€897,159
2023 · €738,160+€158,999
Largest movements
Assets
- Cash +€132,132
up €132,132 (+103%), from €127,994 to €260,126
mainly Trade debts (+€125,989) and Net result for the year (+€42,746)
- Stocks and contracts +€69,890
up €69,890 (+20.8%), from €336,572 to €406,462
- Receivables within one year -€20,477
down €20,477 (-13.6%), from €150,259 to €129,782
- Tangible fixed assets -€17,742
down €17,742 (-15.0%), from €118,396 to €100,654
of which Plant, machinery and equipment: -€14,302
Equity and liabilities
- Trade debts +€125,989
new in 2024: €125,989
- Profit (loss) carried forward +€42,746
up €42,746 (+8.6%), from €497,905 to €540,651
- Debts after one year -€15,953
no longer reported in 2024 (was €15,953)
Income statement
- Staff costs +€33,603
up €33,603 (+12.3%), from €272,278 to €305,881
- Gross operating margin -€24,092
down €24,092 (-5.4%), from €449,076 to €424,984
- Taxes -€7,309
down €7,309 (-19.6%), from €37,309 to €30,000
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€94,673
Gross operating margin
-€24,092
Staff costs
-€33,603
Depreciation
+€42
Other operating charges
-€518
Financial income
-€1,811
Financial charges
+€747
Taxes
+€7,309
Result 2024
€42,746
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€162,204
Investment
-€23,078
Financing
-€6,995
Cash 2023
€127,994
From operations (derived)
+€162,204
Net result for the year
+€42,746
Depreciation
+€40,820
Stocks and contracts
-€69,890
Receivables within one year
+€20,477
Deferred charges and accrued income
+€4,804
Trade debts
+€125,989
Tax, wage and social debts
-€2,741
Investment (derived)
-€23,078
Investment in fixed assets (net)
-€23,078
Financing
-€6,995
Debts after one year
-€15,953
Current portion of long-term debt
+€8,958
Cash 2024
€260,126
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €738,160 | €897,159 | +€158,999 | +21.5% |
| Fixed assets | 21/28 | €118,531 | €100,789 | -€17,742 | -15.0% |
| Tangible fixed assets | 22/27 | €118,396 | €100,654 | -€17,742 | -15.0% |
| Land and buildings | 22 | €5,864 | €4,563 | -€1,301 | -22.2% |
| Plant, machinery and equipment | 23 | €56,801 | €42,499 | -€14,302 | -25.2% |
| Furniture and vehicles | 24 | €55,731 | €53,592 | -€2,140 | -3.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €619,629 | €796,370 | +€176,741 | +28.5% |
| Stocks and contracts in progress | 3 | €336,572 | €406,462 | +€69,890 | +20.8% |
| Stocks | 30/36 | €336,572 | €406,462 | +€69,890 | +20.8% |
| Amounts receivable within one year | 40/41 | €150,259 | €129,782 | -€20,477 | -13.6% |
| Trade receivables | 40 | €150,259 | €129,782 | -€20,477 | -13.6% |
| Cash at bank and in hand | 54/58 | €127,994 | €260,126 | +€132,132 | +103% |
| Deferred charges and accrued income | 490/1 | €4,804 | - | -€4,804 | |
| Total equity and liabilities | 10/49 | €738,160 | €897,159 | +€158,999 | +21.5% |
| Equity | 10/15 | €643,465 | €686,211 | +€42,746 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €139,360 | €139,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €497,905 | €540,651 | +€42,746 | +8.6% |
| Amounts payable | 17/49 | €94,695 | €210,948 | +€116,253 | +123% |
| Amounts payable after more than one year | 17 | €15,953 | - | -€15,953 | |
| Financial debts | 170/4 | €15,953 | - | -€15,953 | |
| Amounts payable within one year | 42/48 | €78,742 | €210,948 | +€132,206 | +168% |
| Current portion of amounts payable after more than one year | 42 | €6,564 | €15,522 | +€8,958 | +136% |
| Trade debts | 44 | - | €125,989 | +€125,989 | |
| Suppliers | 440/4 | - | €125,989 | +€125,989 | |
| Taxes, remuneration and social security | 45 | €2,741 | - | -€2,741 | |
| Taxes | 450/3 | €2,741 | - | -€2,741 | |
| Other amounts payable | 47/48 | €69,437 | €69,437 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €272,278 | €305,881 | +€33,603 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,861 | €40,820 | -€42 | -0.1% |
| Other operating charges | 640/8 | €3,546 | €4,064 | +€518 | +14.6% |
| Gross operating margin | 9900 | €449,076 | €424,984 | -€24,092 | -5.4% |
| Operating profit (loss) | 9901 | €132,391 | €74,219 | -€58,172 | -43.9% |
| Financial income | 75/76B | €2,090 | €280 | -€1,811 | -86.6% |
| Recurring financial income | 75 | €321 | €280 | -€41 | -12.8% |
| Non-recurring financial income | 76B | €1,769 | - | -€1,769 | |
| Financial charges | 65/66B | €2,499 | €1,752 | -€747 | -29.9% |
| Recurring financial charges | 65 | €2,499 | €1,752 | -€747 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €131,982 | €72,746 | -€59,236 | -44.9% |
| Income taxes | 67/77 | €37,309 | €30,000 | -€7,309 | -19.6% |
| Profit (loss) for the period | 9904 | €94,673 | €42,746 | -€51,927 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,673 | €42,746 | -€51,927 | -54.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.