ACE LIVING: what changed
ACE LIVING
Largest movements
- Cash -€205,560
down €205,560 (-54.8%), from €374,894 to €169,333
mainly Stocks and contracts (-€138,203) and Trade debts (-€131,746)
- Receivables within one year -€143,919
down €143,919 (-60.2%), from €239,245 to €95,325
of which Other amounts receivable: -€99,986
- Stocks and contracts +€138,203
up €138,203 (+30.3%), from €456,524 to €594,727
- Tangible fixed assets -€73,279
down €73,279 (-4.5%), from €1.6m to €1.6m
of which Land and buildings: -€44,169
- Reserves +€147,547
up €147,547 (+31.3%), from €471,984 to €619,531
- Trade debts -€131,746
down €131,746 (-62.8%), from €209,689 to €77,943
- Debts after one year -€85,409
down €85,409 (-7.8%), from €1.1m to €1.0m
- Advances received -€82,911
down €82,911 (-37.1%), from €223,305 to €140,394
- Other debts -€79,363
down €79,363 (-19.9%), from €399,680 to €320,316
- Staff costs +€69,884
up €69,884 (+16.3%), from €428,823 to €498,707
- Financial income +€18,226
up €18,226 (+109%), from €16,704 to €34,929
of which Financial income: +€15,705
- Gross operating margin +€13,058
up €13,058 (+1.5%), from €872,970 to €886,029
- Financial charges -€10,534
down €10,534 (-16.7%), from €62,918 to €52,383
- Taxes +€9,222
up €9,222 (+23.5%), from €39,298 to €48,520
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,749,165 | €2,450,398 | -€298,767 | -10.9% |
| Fixed assets | 21/28 | €1,674,047 | €1,586,742 | -€87,305 | -5.2% |
| Intangible fixed assets | 21 | €34,201 | €20,175 | -€14,026 | -41.0% |
| Tangible fixed assets | 22/27 | €1,637,296 | €1,564,017 | -€73,279 | -4.5% |
| Land and buildings | 22 | €1,460,485 | €1,416,316 | -€44,169 | -3.0% |
| Plant, machinery and equipment | 23 | €161,539 | €135,651 | -€25,887 | -16.0% |
| Furniture and vehicles | 24 | €15,272 | €12,049 | -€3,223 | -21.1% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €1,075,118 | €863,656 | -€211,462 | -19.7% |
| Stocks and contracts in progress | 3 | €456,524 | €594,727 | +€138,203 | +30.3% |
| Stocks | 30/36 | €456,524 | €594,727 | +€138,203 | +30.3% |
| Amounts receivable within one year | 40/41 | €239,245 | €95,325 | -€143,919 | -60.2% |
| Trade receivables | 40 | €139,259 | €95,325 | -€43,934 | -31.5% |
| Other amounts receivable | 41 | €99,986 | - | -€99,986 | |
| Cash at bank and in hand | 54/58 | €374,894 | €169,333 | -€205,560 | -54.8% |
| Deferred charges and accrued income | 490/1 | €4,455 | €4,271 | -€185 | -4.1% |
| Total equity and liabilities | 10/49 | €2,749,165 | €2,450,398 | -€298,767 | -10.9% |
| Equity | 10/15 | €481,984 | €629,531 | +€147,547 | +30.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €471,984 | €619,531 | +€147,547 | +31.3% |
| Distributable reserves | 133 | €471,984 | €619,531 | +€147,547 | +31.3% |
| Amounts payable | 17/49 | €2,267,182 | €1,820,867 | -€446,314 | -19.7% |
| Amounts payable after more than one year | 17 | €1,092,326 | €1,006,917 | -€85,409 | -7.8% |
| Financial debts | 170/4 | €1,092,326 | €1,006,917 | -€85,409 | -7.8% |
| Amounts payable within one year | 42/48 | €1,146,197 | €789,840 | -€356,357 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €129,334 | €122,175 | -€7,159 | -5.5% |
| Trade debts | 44 | €209,689 | €77,943 | -€131,746 | -62.8% |
| Suppliers | 440/4 | €209,689 | €77,943 | -€131,746 | -62.8% |
| Advances received on contracts in progress | 46 | €223,305 | €140,394 | -€82,911 | -37.1% |
| Taxes, remuneration and social security | 45 | €184,189 | €129,011 | -€55,178 | -30.0% |
| Taxes | 450/3 | €152,261 | €85,862 | -€66,399 | -43.6% |
| Remuneration and social security | 454/9 | €31,928 | €43,150 | +€11,221 | +35.1% |
| Other amounts payable | 47/48 | €399,680 | €320,316 | -€79,363 | -19.9% |
| Accrued charges and deferred income | 492/3 | €28,658 | €24,110 | -€4,548 | -15.9% |
| Remuneration, social security and pensions | 62 | €428,823 | €498,707 | +€69,884 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,496 | €154,157 | +€1,661 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,643 | - | -€7,643 | |
| Other operating charges | 640/8 | €20,682 | €19,643 | -€1,040 | -5.0% |
| Gross operating margin | 9900 | €872,970 | €886,029 | +€13,058 | +1.5% |
| Operating profit (loss) | 9901 | €263,326 | €213,522 | -€49,805 | -18.9% |
| Financial income | 75/76B | €16,704 | €34,929 | +€18,226 | +109% |
| Recurring financial income | 75 | €16,704 | €32,409 | +€15,705 | +94.0% |
| Non-recurring financial income | 76B | - | €2,520 | +€2,520 | |
| Financial charges | 65/66B | €62,918 | €52,383 | -€10,534 | -16.7% |
| Recurring financial charges | 65 | €62,918 | €52,383 | -€10,534 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €217,112 | €196,068 | -€21,045 | -9.7% |
| Income taxes | 67/77 | €39,298 | €48,520 | +€9,222 | +23.5% |
| Profit (loss) for the period | 9904 | €177,814 | €147,547 | -€30,266 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €177,814 | €147,547 | -€30,266 | -17.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.