ACE VISIONS: 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 VISIONS
Largest movements
- Cash +€80,426
up €80,426 (+51.6%), from €155,765 to €236,192
mainly Net result for the year (+€39,357) and Other debts (+€25,759)
- Receivables after one year -€5,870
down €5,870 (-16.3%), from €35,950 to €30,080
- Tangible fixed assets -€3,234
down €3,234 (-37.9%), from €8,544 to €5,310
- Profit (loss) carried forward +€38,524
up €38,524 (+22.4%), from €172,220 to €210,744
- Other debts +€25,759
up €25,759 (+96.0%), from €26,831 to €52,591
- Gross operating margin +€40,129
up €40,129 (+56.6%), from €70,846 to €110,975
- Financial charges +€20,653
up €20,653 (+67.3%), from €30,695 to €51,347
- Taxes +€3,420
up €3,420 (+46.0%), from €7,432 to €10,852
- Depreciation -€1,847
down €1,847 (-25.6%), from €7,215 to €5,368
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 | €229,669 | €297,062 | +€67,393 | +29.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,644 | €5,410 | -€3,234 | -37.4% |
| Tangible fixed assets | 22/27 | €8,544 | €5,310 | -€3,234 | -37.9% |
| Furniture and vehicles | 24 | €8,544 | €5,310 | -€3,234 | -37.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €221,025 | €291,653 | +€70,628 | +32.0% |
| Amounts receivable after more than one year | 29 | €35,950 | €30,080 | -€5,870 | -16.3% |
| Other amounts receivable | 291 | €35,950 | €30,080 | -€5,870 | -16.3% |
| Amounts receivable within one year | 40/41 | €22,617 | €21,062 | -€1,556 | -6.9% |
| Trade receivables | 40 | €14,703 | €15,192 | +€489 | +3.3% |
| Other amounts receivable | 41 | €7,915 | €5,870 | -€2,045 | -25.8% |
| Cash at bank and in hand | 54/58 | €155,765 | €236,192 | +€80,426 | +51.6% |
| Deferred charges and accrued income | 490/1 | €6,692 | €4,319 | -€2,373 | -35.5% |
| Total equity and liabilities | 10/49 | €229,669 | €297,062 | +€67,393 | +29.3% |
| Equity | 10/15 | €190,820 | €229,344 | +€38,524 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,220 | €210,744 | +€38,524 | +22.4% |
| Amounts payable | 17/49 | €38,849 | €67,719 | +€28,870 | +74.3% |
| Amounts payable within one year | 42/48 | €38,836 | €67,719 | +€28,883 | +74.4% |
| Trade debts | 44 | €1,317 | €2,223 | +€906 | +68.8% |
| Suppliers | 440/4 | €1,317 | €2,223 | +€906 | +68.8% |
| Taxes, remuneration and social security | 45 | €10,688 | €12,905 | +€2,217 | +20.7% |
| Taxes | 450/3 | €10,519 | €12,905 | +€2,387 | +22.7% |
| Remuneration and social security | 454/9 | €169 | €0 | -€169 | -100% |
| Other amounts payable | 47/48 | €26,831 | €52,591 | +€25,759 | +96.0% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €1,024 | €4,070 | +€3,046 | +297% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,215 | €5,368 | -€1,847 | -25.6% |
| Other operating charges | 640/8 | €972 | €1,004 | +€33 | +3.4% |
| Non-recurring operating charges | 66A | €1,024 | €4,070 | +€3,046 | +297% |
| Gross operating margin | 9900 | €70,846 | €110,975 | +€40,129 | +56.6% |
| Operating profit (loss) | 9901 | €61,635 | €100,532 | +€38,897 | +63.1% |
| Financial income | 75/76B | €1,183 | €1,023 | -€159 | -13.5% |
| Recurring financial income | 75 | €1,183 | €1,023 | -€159 | -13.5% |
| Financial charges | 65/66B | €30,695 | €51,347 | +€20,653 | +67.3% |
| Recurring financial charges | 65 | €30,695 | €51,347 | +€20,653 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | €32,123 | €50,208 | +€18,085 | +56.3% |
| Income taxes | 67/77 | €7,432 | €10,852 | +€3,420 | +46.0% |
| Profit (loss) for the period | 9904 | €24,691 | €39,357 | +€14,665 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,691 | €39,357 | +€14,665 | +59.4% |
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 28 October 2026 via checked.be.