V.D.S. STONE: 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.
V.D.S. STONE
Largest movements
- Receivables within one year +€6,534
up €6,534 (+16.7%), from €39,097 to €45,631
of which Other amounts receivable: +€6,534
- Profit (loss) carried forward +€8,075
up €8,075, from -€6,922 to €1,153
- Short-term financial debts -€2,154
down €2,154 (-35.7%), from €6,041 to €3,887
- Tax, wage and social debts +€1,801
new in 2025: €1,801
- Trade debts -€1,200
down €1,200 (-48.1%), from €2,496 to €1,296
- Gross operating margin +€4,057
up €4,057 (+67.0%), from €6,058 to €10,115
- Depreciation -€3,099
down €3,099 (-99.7%), from €3,110 to €11
- Financial income +€1,984
up €1,984, from €0 to €1,984
- Taxes +€1,801
up €1,801, from €0 to €1,801
- Financial charges -€237
down €237 (-21.1%), from €1,126 to €888
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,996 | €53,519 | +€6,523 | +13.9% |
| Fixed assets | 21/28 | €7,899 | €7,888 | -€11 | -0.1% |
| Tangible fixed assets | 22/27 | €7,899 | €7,888 | -€11 | -0.1% |
| Land and buildings | 22 | €7,899 | €7,888 | -€11 | -0.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €39,097 | €45,631 | +€6,534 | +16.7% |
| Amounts receivable within one year | 40/41 | €39,097 | €45,631 | +€6,534 | +16.7% |
| Trade receivables | 40 | €6,164 | €6,164 | = | 0.0% |
| Other amounts receivable | 41 | €32,933 | €39,467 | +€6,534 | +19.8% |
| Total equity and liabilities | 10/49 | €46,996 | €53,519 | +€6,523 | +13.9% |
| Equity | 10/15 | €36,060 | €44,135 | +€8,075 | +22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,381 | €24,381 | = | 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% |
| Distributable reserves | 133 | €22,521 | €22,521 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,922 | €1,153 | +€8,075 | |
| Amounts payable | 17/49 | €10,937 | €9,384 | -€1,552 | -14.2% |
| Amounts payable within one year | 42/48 | €10,937 | €9,384 | -€1,552 | -14.2% |
| Financial debts | 43 | €6,041 | €3,887 | -€2,154 | -35.7% |
| Credit institutions | 430/8 | €6,041 | €3,887 | -€2,154 | -35.7% |
| Trade debts | 44 | €2,496 | €1,296 | -€1,200 | -48.1% |
| Suppliers | 440/4 | €2,496 | €1,296 | -€1,200 | -48.1% |
| Taxes, remuneration and social security | 45 | - | €1,801 | +€1,801 | |
| Taxes | 450/3 | - | €1,801 | +€1,801 | |
| Other amounts payable | 47/48 | €2,400 | €2,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,110 | €11 | -€3,099 | -99.7% |
| Other operating charges | 640/8 | €1,332 | €1,323 | -€9 | -0.7% |
| Non-recurring operating charges | 66A | €83 | €0 | -€83 | -100% |
| Gross operating margin | 9900 | €6,058 | €10,115 | +€4,057 | +67.0% |
| Operating profit (loss) | 9901 | €1,534 | €8,781 | +€7,247 | +472% |
| Financial income | 75/76B | €0 | €1,984 | +€1,984 | |
| Recurring financial income | 75 | €0 | €1,984 | +€1,984 | |
| Financial charges | 65/66B | €1,126 | €888 | -€237 | -21.1% |
| Recurring financial charges | 65 | €1,126 | €888 | -€237 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €408 | €9,877 | +€9,469 | +2,321% |
| Income taxes | 67/77 | €0 | €1,801 | +€1,801 | |
| Profit (loss) for the period | 9904 | €408 | €8,075 | +€7,667 | +1,879% |
| Profit (loss) for the period to be appropriated | 9905 | €408 | €8,075 | +€7,667 | +1,879% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.