ACE & KING MOTORCYCLES: 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 & KING MOTORCYCLES
Largest movements
- Stocks and contracts -€14,628
down €14,628 (-48.6%), from €30,124 to €15,495
- Tangible fixed assets -€10,412
down €10,412 (-25.4%), from €40,940 to €30,529
of which Furniture and vehicles: -€9,794
- Cash -€953
down €953 (-80.0%), from €1,191 to €238
mainly Other debts (-€18,220) and Net result for the year (-€8,084)
- Other debts -€18,220
down €18,220 (-22.9%), from €79,693 to €61,473
- Profit (loss) carried forward -€8,084
down €8,084 (-13.8%), from -€58,475 to -€66,558
- Advances received -€969
no longer reported in 2025 (was €969)
- Gross operating margin -€8,815
down €8,815, from €5,568 to -€3,247
- Depreciation -€6,099
down €6,099 (-64.5%), from €9,454 to €3,355
- Financial charges +€62
up €62 (+9.8%), from €635 to €697
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 | €76,546 | €50,249 | -€26,296 | -34.4% |
| Fixed assets | 21/28 | €40,940 | €30,529 | -€10,412 | -25.4% |
| Tangible fixed assets | 22/27 | €40,940 | €30,529 | -€10,412 | -25.4% |
| Plant, machinery and equipment | 23 | €618 | - | -€618 | |
| Furniture and vehicles | 24 | €40,322 | €30,529 | -€9,794 | -24.3% |
| Current assets | 29/58 | €35,605 | €19,721 | -€15,884 | -44.6% |
| Stocks and contracts in progress | 3 | €30,124 | €15,495 | -€14,628 | -48.6% |
| Stocks | 30/36 | €30,124 | €15,495 | -€14,628 | -48.6% |
| Amounts receivable within one year | 40/41 | €1,806 | €1,481 | -€326 | -18.0% |
| Trade receivables | 40 | €1,152 | €1,481 | +€328 | +28.5% |
| Other amounts receivable | 41 | €654 | - | -€654 | |
| Cash at bank and in hand | 54/58 | €1,191 | €238 | -€953 | -80.0% |
| Deferred charges and accrued income | 490/1 | €2,484 | €2,506 | +€23 | +0.9% |
| Total equity and liabilities | 10/49 | €76,546 | €50,249 | -€26,296 | -34.4% |
| Equity | 10/15 | -€9,547 | -€17,631 | -€8,084 | -84.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,328 | €30,328 | = | 0.0% |
| Distributable reserves | 133 | €30,328 | €30,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,475 | -€66,558 | -€8,084 | -13.8% |
| Amounts payable | 17/49 | €86,093 | €67,880 | -€18,213 | -21.2% |
| Amounts payable within one year | 42/48 | €86,093 | €67,829 | -€18,264 | -21.2% |
| Financial debts | 43 | €2,867 | €3,440 | +€573 | +20.0% |
| Credit institutions | 430/8 | €2,867 | €3,440 | +€573 | +20.0% |
| Trade debts | 44 | €2,311 | €2,279 | -€32 | -1.4% |
| Suppliers | 440/4 | €2,311 | €2,279 | -€32 | -1.4% |
| Advances received on contracts in progress | 46 | €969 | - | -€969 | |
| Taxes, remuneration and social security | 45 | €253 | €637 | +€384 | +152% |
| Taxes | 450/3 | €253 | €637 | +€384 | +152% |
| Other amounts payable | 47/48 | €79,693 | €61,473 | -€18,220 | -22.9% |
| Accrued charges and deferred income | 492/3 | - | €51 | +€51 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,454 | €3,355 | -€6,099 | -64.5% |
| Other operating charges | 640/8 | €849 | €799 | -€50 | -5.9% |
| Gross operating margin | 9900 | €5,568 | -€3,247 | -€8,815 | |
| Operating profit (loss) | 9901 | -€4,735 | -€7,401 | -€2,666 | -56.3% |
| Financial income | 75/76B | €3 | €15 | +€12 | +468% |
| Recurring financial income | 75 | €3 | €15 | +€12 | +468% |
| Financial charges | 65/66B | €635 | €697 | +€62 | +9.8% |
| Recurring financial charges | 65 | €635 | €697 | +€62 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,367 | -€8,084 | -€2,716 | -50.6% |
| Profit (loss) for the period | 9904 | -€5,367 | -€8,084 | -€2,716 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,367 | -€8,084 | -€2,716 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.