ACE GARDEN: 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.
ACE GARDEN
Largest movements
- Receivables within one year -€6,310
down €6,310 (-42.1%), from €14,998 to €8,688
of which Trade receivables: -€6,985
- Cash +€3,098
up €3,098 (+6.7%), from €46,260 to €49,358
mainly Receivables within one year (+€6,310) and Net result for the year (+€5,329)
- Tangible fixed assets +€1,442
up €1,442 (+21.1%), from €6,845 to €8,287
of which Furniture and vehicles: +€1,442
- Reserves +€5,000
up €5,000 (+32.6%), from €15,360 to €20,360
of which Distributable reserves: +€5,000
- Tax, wage and social debts -€4,703
down €4,703 (-53.5%), from €8,788 to €4,085
of which Taxes: -€3,771
- Other debts -€1,448
down €1,448 (-57.7%), from €2,510 to €1,062
- Gross operating margin -€44,061
down €44,061 (-66.0%), from €66,723 to €22,662
- Staff costs -€40,406
down €40,406 (-75.9%), from €53,203 to €12,797
- Financial income +€1,658
up €1,658 (+1,381,475%), from €0 to €1,658
of which Non-recurring financial income: +€1,653
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
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 | €72,133 | €70,784 | -€1,349 | -1.9% |
| Fixed assets | 21/28 | €6,845 | €8,287 | +€1,442 | +21.1% |
| Tangible fixed assets | 22/27 | €6,845 | €8,287 | +€1,442 | +21.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,845 | €8,287 | +€1,442 | +21.1% |
| Current assets | 29/58 | €65,287 | €62,497 | -€2,791 | -4.3% |
| Amounts receivable within one year | 40/41 | €14,998 | €8,688 | -€6,310 | -42.1% |
| Trade receivables | 40 | €14,945 | €7,959 | -€6,985 | -46.7% |
| Other amounts receivable | 41 | €54 | €729 | +€675 | +1,260% |
| Cash at bank and in hand | 54/58 | €46,260 | €49,358 | +€3,098 | +6.7% |
| Deferred charges and accrued income | 490/1 | €4,029 | €4,450 | +€421 | +10.4% |
| Total equity and liabilities | 10/49 | €72,133 | €70,784 | -€1,349 | -1.9% |
| Equity | 10/15 | €56,470 | €61,800 | +€5,329 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,360 | €20,360 | +€5,000 | +32.6% |
| 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 | €13,500 | €18,500 | +€5,000 | +37.0% |
| Profit (loss) carried forward | 14 | €22,510 | €22,840 | +€329 | +1.5% |
| Amounts payable | 17/49 | €15,663 | €8,984 | -€6,678 | -42.6% |
| Amounts payable within one year | 42/48 | €15,663 | €8,984 | -€6,678 | -42.6% |
| Trade debts | 44 | €4,364 | €3,837 | -€527 | -12.1% |
| Suppliers | 440/4 | €4,364 | €3,837 | -€527 | -12.1% |
| Taxes, remuneration and social security | 45 | €8,788 | €4,085 | -€4,703 | -53.5% |
| Taxes | 450/3 | €5,200 | €1,429 | -€3,771 | -72.5% |
| Remuneration and social security | 454/9 | €3,588 | €2,656 | -€932 | -26.0% |
| Other amounts payable | 47/48 | €2,510 | €1,062 | -€1,448 | -57.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €53,203 | €12,797 | -€40,406 | -75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,983 | €1,448 | -€536 | -27.0% |
| Other operating charges | 640/8 | €2,119 | €2,212 | +€94 | +4.4% |
| Gross operating margin | 9900 | €66,723 | €22,662 | -€44,061 | -66.0% |
| Operating profit (loss) | 9901 | €9,418 | €6,204 | -€3,213 | -34.1% |
| Financial income | 75/76B | €0 | €1,658 | +€1,658 | +1,381,475% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +4,067% |
| Non-recurring financial income | 76B | - | €1,653 | +€1,653 | |
| Financial charges | 65/66B | €198 | €208 | +€10 | +5.2% |
| Recurring financial charges | 65 | €198 | €208 | +€10 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €9,220 | €7,654 | -€1,566 | -17.0% |
| Income taxes | 67/77 | €2,821 | €2,325 | -€496 | -17.6% |
| Profit (loss) for the period | 9904 | €6,399 | €5,329 | -€1,070 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,399 | €5,329 | -€1,070 | -16.7% |
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 18 October 2026 via checked.be.