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A.C.E. SERVICES

Active
Public limited companyfounded 1988active for 37 yearsRue du Rivage(RV) 20, 5170 Profondeville, BelgiumKBO/BCE: BE 0436.288.974
Summary

A.C.E. SERVICES has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88,787 and a net result of -€3,107. Equity is shrinking by about 7% per year across the filed financial years. Its solvency ranks better than 92% of 8,798 sector peers (NACE 73, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€42,500
EBIT margin
-9.7%
Net result
-€3,107▲ 16.1%
2023 · -€3,704
Working capital
€88,574▼ 3.4%
2023 · €91,681
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result stays negative: a loss of €3,678 in 2024 against €3,300 in 2023; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,678 2024 Net result-€3,107 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€42,500
Operating result-€5,977--€4,817▲ 19.4%-€4,122▲ 14.4%-€19,147▼ 365%-€4,690▲ 75.5%-€3,300▲ 29.6%-€3,678▼ 11.4%
Net result-€6,042--€4,867▲ 19.4%-€4,251within the sector's middle half▲ 12.7%-€19,337below the sector's middle half▼ 355%-€5,051below the sector's middle half▲ 73.9%-€3,704within the sector's middle half▲ 26.7%-€3,107below the sector's middle half▲ 16.1%
EBIT margin-9.7%
Equity€129,104-€124,237▼ 3.8%€119,985within the sector's middle half▼ 3.4%€100,648within the sector's middle half▼ 16.1%€95,597within the sector's middle half▼ 5.0%€91,894within the sector's middle half▼ 3.9%€88,787within the sector's middle half▼ 3.4%
Total assets€154,683-€149,830▼ 3.1%€151,403below the sector's middle half▲ 1.0%€139,711below the sector's middle half▼ 7.7%€102,999within the sector's middle half▼ 26.3%€97,376below the sector's middle half▼ 5.5%€95,980within the sector's middle half▼ 1.4%
Debt€25,579-€25,593▲ 0.1%€31,418▲ 22.8%€39,063▲ 24.3%€7,402▼ 81.1%€5,483▼ 25.9%€7,194▲ 31.2%
Working capital€125,378-€121,424▼ 3.2%€117,556within the sector's middle half▼ 3.2%€99,677within the sector's middle half▼ 15.2%€95,384within the sector's middle half▼ 4.3%€91,681within the sector's middle half▼ 3.9%€88,574within the sector's middle half▼ 3.4%
Solvency83.5%-82.9%▼ 0.5pp79.2%above the sector's middle half▼ 3.7pp72.0%above the sector's middle half▼ 7.2pp92.8%above the sector's middle half▲ 20.8pp94.4%above the sector's middle half▲ 1.6pp92.5%above the sector's middle half▼ 1.9pp
Current ratio5.90-5.74▼ 0.164.74above the sector's middle half▼ 1.003.55above the sector's middle half▼ 1.1913.89above the sector's middle half▲ 10.3317.72above the sector's middle half▲ 3.8413.31above the sector's middle half▼ 4.41
Return on assets (ROA)-3.9%--3.2%▲ 0.7pp-2.8%below the sector's middle half▲ 0.4pp-13.8%below the sector's middle half▼ 11.0pp-4.9%below the sector's middle half▲ 8.9pp-3.8%below the sector's middle half▲ 1.1pp-3.2%below the sector's middle half▲ 0.6pp
Staff (FTE)0.1-
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95,980
Fixed assets €213 =
Current assets €95,767 ▼ 1.4%
Equity and liabilities €95,980
Equity €88,787 ▼ 3.4%
Debt €7,194 ▲ 31.2%
Debt's share of the balance-sheet total rises from 5.6% to 7.5%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.08▲
2023 · 0.06
ROE
-3.5%▲
2023 · -4.0%
Debt ≤ 1 year
€7,194▲
2023 · €5,483
Income taxes
€300▲
2023 · €116
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€97,376€95,980▼
Fixed assets21/28€213€213=
Financial fixed assets28€213€213=
Current assets29/58€97,164€95,767▼
Amounts receivable within one year40/41€3,794€1,993▼
Trade receivables40€1,513€1,513=
Other amounts receivable41€2,281€481▼
Cash at bank and in hand54/58€93,370€93,774▲
Equity and liabilities
Total equity and liabilities10/49€97,376€95,980▼
Equity10/15€91,894€88,787▼
Contributions10/11€62,000€62,000=
Reserves13€6,200€6,200=
Non-distributable reserves130/1€6,200€6,200=
Other1319€6,200€6,200=
Profit (loss) carried forward14€23,694€20,587▼
Amounts payable17/49€5,483€7,194▲
Amounts payable within one year42/48€5,483€7,194▲
Trade debts44€952€2,663▲
Suppliers440/4€952€2,663▲
Other amounts payable47/48€4,531€4,531=
Income statement Code20232024
Other operating charges640/8€19€150▲
Gross operating margin9900-€3,281-€3,528▼
Operating profit (loss)9901-€3,300-€3,678▼
Financial income75/76B€386€1,008▲
Recurring financial income75€386€1,008▲
Financial charges65/66B€674€137▼
Recurring financial charges65€674€137▼
Profit (loss) for the period before taxes9903-€3,588-€2,807▲
Income taxes67/77€116€300▲
Profit (loss) for the period9904-€3,704-€3,107▲
Profit (loss) for the period to be appropriated9905-€3,704-€3,107▲
Appropriation of the result
Profit (loss) to be appropriated9906€23,694€20,587▼
Profit (loss) brought forward from the previous period14P€27,397€23,694▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Turnover70--€42,500-----
Remuneration, social security and pensions62---€9----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,114€1,214€383€13,379€758---
Other operating charges640/8----€205€19€150▲ 708%
Gross operating margin9900€1,421-€2,375-€3,357-€5,759-€3,727-€3,281-€3,528▼ 7.5%
Operating profit (loss)9901-€5,977-€4,817-€4,122-€19,147-€4,690-€3,300-€3,678▼ 11.4%
Financial income75/76B-----€386€1,008▲ 161%
Recurring financial income75€159€107€1--€386€1,008▲ 161%
Financial charges65/66B---€190€361€674€137▼ 79.6%
Recurring financial charges65€180€157€174€190€361€674€137▼ 79.6%
Profit (loss) for the period before taxes9903-€5,998-€4,867-€4,295-€19,337-€5,051-€3,588-€2,807▲ 21.8%
Income taxes67/77€44--€44--€116€300▲ 159%
Profit (loss) for the period9904-€6,042-€4,867-€4,251-€19,337-€5,051-€3,704-€3,107▲ 16.1%
Profit (loss) for the period to be appropriated9905-€6,042-€4,867-€4,251-€19,337-€5,051-€3,704-€3,107▲ 16.1%
Line2018201920202021202220232024Change
Assets
Total assets20/58€154,683€149,830€151,403€139,711€102,999€97,376€95,980▼ 1.4%
Fixed assets21/28€3,726€2,813€2,429€971€213€213€213=
Tangible fixed assets22/27€3,513€2,600€2,216€758----
Plant, machinery and equipment23---€183----
Furniture and vehicles24---€575----
Financial fixed assets28€213€213€213€213€213€213€213=
Current assets29/58€150,957€147,017€148,974€138,740€102,786€97,164€95,767▼ 1.4%
Amounts receivable within one year40/41€16,193€27,560€25,308€44,603€6,000€3,794€1,993▼ 47.5%
Trade receivables40---€13,613-€1,513€1,513=
Other amounts receivable41---€30,990€6,000€2,281€481▼ 78.9%
Current investments50/53--€123,666-----
Cash at bank and in hand54/58€134,638€119,389-€94,137€96,786€93,370€93,774▲ 0.4%
Equity and liabilities
Total equity and liabilities10/49€154,683€149,830€151,403€139,711€102,999€97,376€95,980▼ 1.4%
Equity10/15€129,104€124,237€119,985€100,648€95,597€91,894€88,787▼ 3.4%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000----
Issued capital100---€62,000----
Reserves13€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200----
Other1319----€6,200€6,200€6,200=
Profit (loss) carried forward14€60,904€56,037€51,785€32,448€27,397€23,694€20,587▼ 13.1%
Amounts payable17/49€25,579€25,593€31,418€39,063€7,402€5,483€7,194▲ 31.2%
Amounts payable within one year42/48€25,579€25,593€31,418€39,063€7,402€5,483€7,194▲ 31.2%
Trade debts44€9,144€4,923€3,964€7,071€584€952€2,663▲ 180%
Suppliers440/4---€3,829€584€952€2,663▲ 180%
Bills of exchange payable441---€3,242----
Taxes, remuneration and social security45----€287---
Taxes450/3----€287---
Other amounts payable47/48---€31,992€6,531€4,531€4,531=
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€6,042-€4,867-€4,251-€19,337-€5,051-€3,704-€3,107▲ 16.1%
+ Depreciation and write-downs630€1,114€1,214€383€13,379€758---
Operating cash flow (approximation)-€4,928-€3,653-€3,868-€5,958-€4,294-€3,704-€3,107▲ 16.1%
Investment in fixed assets (approximation)--€301€1-€11,921€0€0€0-
Change in cash--€15,249--€2,649-€3,417€404-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 29-08-2025 2025-00483288
31-12-2023 full format 31-08-2024 2024-00445406
31-12-2022 micro format 31-08-2023 2023-00425777
31-12-2021 full format 01-07-2022 2022-20121841
31-12-2020 full format 11-08-2021 2021-48200253
31-12-2019 full format 16-06-2020 2020-17700385
31-12-2018 full format 20-06-2019 2019-20600302
31-12-2017 full format 17-07-2018 2018-34600161
31-12-2016 full format 17-08-2017 2017-45200401
31-12-2015 full format 26-07-2016 2016-35700053

Show all 36 filings

Similar companies · same sector, comparable size

Of the 2,647 active companies whose main activity is market research and public opinion polling (NACE 73200), figures are known for 1,745. 1,255 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.