ACE DEVELOPMENT: 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.
ACE DEVELOPMENT
Largest movements
- Cash +€17,621
up €17,621 (+441616.5%), from €4 to €17,624
mainly Net result for the year (+€29,905) and Tax, wage and social debts (+€10,704)
- Receivables within one year +€14,541
up €14,541 (+12267.1%), from €119 to €14,660
of which Trade receivables: +€12,010
- Tangible fixed assets +€6,986
new in 2025: €6,986
- Deferred charges and accrued income +€1,247
up €1,247 (+1101.1%), from €113 to €1,361
- Stocks and contracts +€801
new in 2025: €801
- Reserves +€22,000
new in 2025: €22,000
- Tax, wage and social debts +€10,704
up €10,704 (+285.4%), from €3,750 to €14,454
of which Taxes: +€13,524
- Profit (loss) carried forward +€7,905
up €7,905, from -€7,584 to €321
- Trade debts +€705
up €705 (+23.9%), from €2,952 to €3,657
- Gross operating margin +€49,032
up €49,032, from -€7,534 to €41,497
- Taxes +€8,024
new in 2025: €8,024
- Other operating charges +€2,199
up €2,199 (+4398.1%), from €50 to €2,249
- Depreciation +€1,276
new in 2025: €1,276
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236 | €41,432 | +€41,196 | +17470.6% |
| Fixed assets | 21/28 | - | €6,986 | +€6,986 | |
| Tangible fixed assets | 22/27 | - | €6,986 | +€6,986 | |
| Furniture and vehicles | 24 | - | €6,986 | +€6,986 | |
| Current assets | 29/58 | €236 | €34,446 | +€34,210 | +14508.0% |
| Stocks and contracts in progress | 3 | - | €801 | +€801 | |
| Stocks | 30/36 | - | €801 | +€801 | |
| Amounts receivable within one year | 40/41 | €119 | €14,660 | +€14,541 | +12267.1% |
| Trade receivables | 40 | €119 | €12,129 | +€12,010 | +10132.0% |
| Other amounts receivable | 41 | - | €2,531 | +€2,531 | |
| Cash at bank and in hand | 54/58 | €4 | €17,624 | +€17,621 | +441616.5% |
| Deferred charges and accrued income | 490/1 | €113 | €1,361 | +€1,247 | +1101.1% |
| Total equity and liabilities | 10/49 | €236 | €41,432 | +€41,196 | +17470.6% |
| Equity | 10/15 | -€6,584 | €23,321 | +€29,905 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €22,000 | +€22,000 | |
| Distributable reserves | 133 | - | €22,000 | +€22,000 | |
| Profit (loss) carried forward | 14 | -€7,584 | €321 | +€7,905 | |
| Amounts payable | 17/49 | €6,820 | €18,111 | +€11,291 | +165.6% |
| Amounts payable within one year | 42/48 | €6,820 | €18,111 | +€11,291 | +165.6% |
| Trade debts | 44 | €2,952 | €3,657 | +€705 | +23.9% |
| Suppliers | 440/4 | €2,952 | €3,657 | +€705 | +23.9% |
| Taxes, remuneration and social security | 45 | €3,750 | €14,454 | +€10,704 | +285.4% |
| Taxes | 450/3 | €930 | €14,454 | +€13,524 | +1454.2% |
| Remuneration and social security | 454/9 | €2,820 | - | -€2,820 | |
| Other amounts payable | 47/48 | €118 | - | -€118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,276 | +€1,276 | |
| Other operating charges | 640/8 | €50 | €2,249 | +€2,199 | +4398.1% |
| Gross operating margin | 9900 | -€7,534 | €41,497 | +€49,032 | |
| Operating profit (loss) | 9901 | -€7,584 | €37,973 | +€45,557 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | - | €48 | +€48 | |
| Recurring financial charges | 65 | - | €48 | +€48 | |
| Profit (loss) for the period before taxes | 9903 | -€7,584 | €37,929 | +€45,513 | |
| Income taxes | 67/77 | - | €8,024 | +€8,024 | |
| Profit (loss) for the period | 9904 | -€7,584 | €29,905 | +€37,489 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,584 | €29,905 | +€37,489 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.