ACEY: 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.
ACEY
Largest movements
- Cash +€164,923
up €164,923 (+421%), from €39,158 to €204,082
mainly Net result for the year (+€117,786) and Investment in fixed assets (net) (+€30,927)
- Tangible fixed assets -€52,400
down €52,400 (-54.4%), from €96,279 to €43,878
of which Furniture and vehicles: -€52,868
- Profit (loss) carried forward +€117,786
up €117,786 (+139%), from €84,584 to €202,371
- Other debts -€25,000
no longer reported in 2025 (was €25,000)
- Tax, wage and social debts +€17,921
up €17,921 (+47.8%), from €37,494 to €55,415
- Turnover +€77,540
up €77,540 (+39.3%), from €197,177 to €274,717
- Gross operating margin +€69,923
up €69,923 (+37.5%), from €186,658 to €256,580
- Staff costs +€22,386
up €22,386 (+37.3%), from €60,039 to €82,425
- Taxes +€11,445
up €11,445 (+51.4%), from €22,272 to €33,717
- Purchases and services +€9,540
up €9,540 (+87.6%), from €10,886 to €20,426
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 | €157,079 | €268,757 | +€111,679 | +71.1% |
| Formation expenses | 20 | €772 | €583 | -€189 | -24.5% |
| Fixed assets | 21/28 | €96,279 | €43,878 | -€52,400 | -54.4% |
| Tangible fixed assets | 22/27 | €96,279 | €43,878 | -€52,400 | -54.4% |
| Plant, machinery and equipment | 23 | €4,094 | €4,562 | +€468 | +11.4% |
| Furniture and vehicles | 24 | €92,185 | €39,317 | -€52,868 | -57.4% |
| Current assets | 29/58 | €60,028 | €224,296 | +€164,268 | +274% |
| Amounts receivable within one year | 40/41 | €20,870 | €20,214 | -€656 | -3.1% |
| Trade receivables | 40 | €20,870 | €20,214 | -€656 | -3.1% |
| Cash at bank and in hand | 54/58 | €39,158 | €204,082 | +€164,923 | +421% |
| Total equity and liabilities | 10/49 | €157,079 | €268,757 | +€111,679 | +71.1% |
| Equity | 10/15 | €94,584 | €212,371 | +€117,786 | +125% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,584 | €202,371 | +€117,786 | +139% |
| Amounts payable | 17/49 | €62,494 | €56,387 | -€6,107 | -9.8% |
| Amounts payable within one year | 42/48 | €62,494 | €56,387 | -€6,107 | -9.8% |
| Trade debts | 44 | - | €972 | +€972 | |
| Suppliers | 440/4 | - | €972 | +€972 | |
| Taxes, remuneration and social security | 45 | €37,494 | €55,415 | +€17,921 | +47.8% |
| Taxes | 450/3 | €37,494 | €55,415 | +€17,921 | +47.8% |
| Other amounts payable | 47/48 | €25,000 | - | -€25,000 | |
| Turnover | 70 | €197,177 | €274,717 | +€77,540 | +39.3% |
| Non-recurring operating income | 76A | €366 | €2,289 | +€1,923 | +525% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,886 | €20,426 | +€9,540 | +87.6% |
| Remuneration, social security and pensions | 62 | €60,039 | €82,425 | +€22,386 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,448 | €21,662 | +€6,214 | +40.2% |
| Other operating charges | 640/8 | €753 | €716 | -€38 | -5.0% |
| Gross operating margin | 9900 | €186,658 | €256,580 | +€69,923 | +37.5% |
| Operating profit (loss) | 9901 | €110,418 | €151,778 | +€41,360 | +37.5% |
| Financial charges | 65/66B | €3,562 | €275 | -€3,287 | -92.3% |
| Recurring financial charges | 65 | €3,562 | €275 | -€3,287 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €106,856 | €151,503 | +€44,647 | +41.8% |
| Income taxes | 67/77 | €22,272 | €33,717 | +€11,445 | +51.4% |
| Profit (loss) for the period | 9904 | €84,584 | €117,786 | +€33,202 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,584 | €117,786 | +€33,202 | +39.3% |
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.