ACECARDIO: 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.
ACECARDIO
Largest movements
- Cash +€25,664
up €25,664 (+18.2%), from €140,662 to €166,326
mainly Net result for the year (+€135,468) and Other debts (+€33,871)
- Receivables within one year +€5,781
up €5,781 (+65.8%), from €8,780 to €14,561
- Other debts +€33,871
up €33,871 (+28.6%), from €118,426 to €152,297
- Debts after one year -€22,647
down €22,647 (-10.8%), from €210,491 to €187,844
- Profit (loss) carried forward +€15,468
up €15,468 (+12.8%), from €120,475 to €135,943
- Tax, wage and social debts +€7,831
up €7,831 (+49.7%), from €15,760 to €23,591
- Gross operating margin +€25,411
up €25,411 (+14.9%), from €170,387 to €195,798
- Other operating charges +€2,641
up €2,641 (+544.5%), from €485 to €3,126
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 | €499,923 | €530,280 | +€30,357 | +6.1% |
| Fixed assets | 21/28 | €346,579 | €349,113 | +€2,534 | +0.7% |
| Tangible fixed assets | 22/27 | €96,579 | €99,113 | +€2,534 | +2.6% |
| Land and buildings | 22 | €85,580 | €83,325 | -€2,255 | -2.6% |
| Plant, machinery and equipment | 23 | €1,076 | €540 | -€536 | -49.8% |
| Furniture and vehicles | 24 | €9,923 | €15,248 | +€5,325 | +53.7% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €153,344 | €181,167 | +€27,823 | +18.1% |
| Amounts receivable within one year | 40/41 | €8,780 | €14,561 | +€5,781 | +65.8% |
| Trade receivables | 40 | €8,780 | €14,561 | +€5,781 | +65.8% |
| Cash at bank and in hand | 54/58 | €140,662 | €166,326 | +€25,664 | +18.2% |
| Deferred charges and accrued income | 490/1 | €3,902 | €279 | -€3,623 | -92.8% |
| Total equity and liabilities | 10/49 | €499,923 | €530,280 | +€30,357 | +6.1% |
| Equity | 10/15 | €122,475 | €137,943 | +€15,468 | +12.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,475 | €135,943 | +€15,468 | +12.8% |
| Amounts payable | 17/49 | €377,448 | €392,337 | +€14,889 | +3.9% |
| Amounts payable after more than one year | 17 | €210,491 | €187,844 | -€22,647 | -10.8% |
| Financial debts | 170/4 | €210,491 | €187,844 | -€22,647 | -10.8% |
| Amounts payable within one year | 42/48 | €164,482 | €202,019 | +€37,537 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €21,865 | €22,648 | +€783 | +3.6% |
| Trade debts | 44 | €8,431 | €3,483 | -€4,948 | -58.7% |
| Suppliers | 440/4 | €8,431 | €3,483 | -€4,948 | -58.7% |
| Taxes, remuneration and social security | 45 | €15,760 | €23,591 | +€7,831 | +49.7% |
| Taxes | 450/3 | €15,760 | €23,591 | +€7,831 | +49.7% |
| Other amounts payable | 47/48 | €118,426 | €152,297 | +€33,871 | +28.6% |
| Accrued charges and deferred income | 492/3 | €2,475 | €2,474 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,953 | €5,332 | +€379 | +7.7% |
| Other operating charges | 640/8 | €485 | €3,126 | +€2,641 | +544.5% |
| Non-recurring operating charges | 66A | - | €354 | +€354 | |
| Gross operating margin | 9900 | €170,387 | €195,798 | +€25,411 | +14.9% |
| Operating profit (loss) | 9901 | €164,949 | €186,986 | +€22,037 | +13.4% |
| Financial income | 75/76B | €1 | €1 | -€0 | -37.0% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -37.0% |
| Financial charges | 65/66B | €8,284 | €10,184 | +€1,900 | +22.9% |
| Recurring financial charges | 65 | €8,284 | €10,184 | +€1,900 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €156,666 | €176,803 | +€20,137 | +12.9% |
| Income taxes | 67/77 | €39,757 | €41,334 | +€1,577 | +4.0% |
| Profit (loss) for the period | 9904 | €116,909 | €135,468 | +€18,559 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €116,909 | €135,468 | +€18,559 | +15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.