ASHFORD BREEDING: 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.
ASHFORD BREEDING
Largest movements
- Tangible fixed assets -€80,439
down €80,439 (-3.8%), from €2.1m to €2.1m
of which Land and buildings: -€88,773
- Cash -€44,215
down €44,215 (-89.8%), from €49,241 to €5,026
mainly Other debts (-€802,036) and Net result for the year (-€329,725)
- Deferred charges and accrued income +€22,856
up €22,856 (+1,066%), from €2,144 to €25,000
- Debts after one year +€928,968
up €928,968 (+69.0%), from €1.3m to €2.3m
of which Other amounts payable: +€1.0m
- Other debts -€802,036
down €802,036 (-98.5%), from €813,862 to €11,827
- Profit (loss) carried forward -€329,725
down €329,725 (-94.6%), from -€348,550 to -€678,276
- Accrued charges and deferred income +€63,690
new in 2025: €63,690
- Trade debts +€45,967
up €45,967 (+600%), from €7,667 to €53,634
- Purchases and services +€320,969
new in 2025: €320,969
- Turnover +€153,877
new in 2025: €153,877
- Depreciation -€84,399
down €84,399 (-48.6%), from €173,837 to €89,439
- Financial charges +€50,209
up €50,209 (+65.4%), from €76,817 to €127,026
- Gross operating margin -€14,016
down €14,016 (-15.1%), from -€93,075 to -€107,091
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 | €2,195,205 | €2,105,527 | -€89,679 | -4.1% |
| Fixed assets | 21/28 | €2,138,633 | €2,058,194 | -€80,439 | -3.8% |
| Tangible fixed assets | 22/27 | €2,138,633 | €2,058,194 | -€80,439 | -3.8% |
| Land and buildings | 22 | €2,138,633 | €2,049,860 | -€88,773 | -4.2% |
| Plant, machinery and equipment | 23 | - | €8,334 | +€8,334 | |
| Current assets | 29/58 | €56,573 | €47,333 | -€9,240 | -16.3% |
| Stocks and contracts in progress | 3 | €2,000 | - | -€2,000 | |
| Stocks | 30/36 | €2,000 | - | -€2,000 | |
| Amounts receivable within one year | 40/41 | €3,187 | €17,306 | +€14,119 | +443% |
| Other amounts receivable | 41 | €3,187 | €17,306 | +€14,119 | +443% |
| Cash at bank and in hand | 54/58 | €49,241 | €5,026 | -€44,215 | -89.8% |
| Deferred charges and accrued income | 490/1 | €2,144 | €25,000 | +€22,856 | +1,066% |
| Total equity and liabilities | 10/49 | €2,195,205 | €2,105,527 | -€89,679 | -4.1% |
| Equity | 10/15 | -€48,550 | -€378,276 | -€329,725 | -679% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€348,550 | -€678,276 | -€329,725 | -94.6% |
| Amounts payable | 17/49 | €2,243,756 | €2,483,802 | +€240,047 | +10.7% |
| Amounts payable after more than one year | 17 | €1,346,997 | €2,275,965 | +€928,968 | +69.0% |
| Financial debts | 170/4 | €1,346,997 | €1,268,309 | -€78,687 | -5.8% |
| Other amounts payable | 178/9 | - | €1,007,655 | +€1.0m | |
| Amounts payable within one year | 42/48 | €896,759 | €144,148 | -€752,611 | -83.9% |
| Current portion of amounts payable after more than one year | 42 | €75,230 | €78,687 | +€3,457 | +4.6% |
| Trade debts | 44 | €7,667 | €53,634 | +€45,967 | +600% |
| Suppliers | 440/4 | €7,667 | €53,634 | +€45,967 | +600% |
| Other amounts payable | 47/48 | €813,862 | €11,827 | -€802,036 | -98.5% |
| Accrued charges and deferred income | 492/3 | - | €63,690 | +€63,690 | |
| Turnover | 70 | - | €153,877 | +€153,877 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €320,969 | +€320,969 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,837 | €89,439 | -€84,399 | -48.6% |
| Other operating charges | 640/8 | €4,821 | €6,209 | +€1,388 | +28.8% |
| Gross operating margin | 9900 | -€93,075 | -€107,091 | -€14,016 | -15.1% |
| Operating profit (loss) | 9901 | -€271,733 | -€202,739 | +€68,995 | +25.4% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €76,817 | €127,026 | +€50,209 | +65.4% |
| Recurring financial charges | 65 | €76,817 | €127,026 | +€50,209 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | -€348,550 | -€329,725 | +€18,825 | +5.4% |
| Profit (loss) for the period | 9904 | -€348,550 | -€329,725 | +€18,825 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€348,550 | -€329,725 | +€18,825 | +5.4% |
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 24 October 2026 via checked.be.