ACE COMPUTER
InactiveFinancials · financial year 2022, micro format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19,643
2021 · -€68,932
Working capital
-€29,817▲ 34.3%
2021 · -€45,398
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result returns to profit in 2022: €25,000 after a loss of €64,585 in 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€25,000
2022
Net result€19,643
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€211,359
2022
Equity-€16,286
2022
Debt€227,646
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€29,817
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)5.6
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€12,859-€29,490▲ 129%-€4,803-€64,585▼ 1,245%€25,000
Net result€10,985-€19,042▲ 73.3%-€1,869-€68,932▼ 3,589%€19,643
Equity€15,830-€34,872▲ 120%€33,003▼ 5.4%-€35,930-€16,286▲ 54.7%
Total assets€399,220-€394,101▼ 1.3%€439,631▲ 11.6%€180,460▼ 59.0%€211,359▲ 17.1%
Debt€383,391-€359,230▼ 6.3%€406,628▲ 13.2%€216,389▼ 46.8%€227,646▲ 5.2%
Working capital-€11,154-€38,005€29,271▼ 23.0%-€45,398-€29,817▲ 34.3%
Staff (FTE)9-5.9▼ 34.4%5.9=6.6▲ 11.9%5.6▼ 15.2%
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €211,359
Fixed assets
€13,736 ▼ 30.0%
Current assets
€197,624 ▲ 22.9%
Equity and liabilities
Equity-€16,286
Debt€227,646
Equity is negative: debt (€227,646) exceeds the balance-sheet total (€211,359).
Key figures and ratios
EBITDA
€33,957▲
2021 · -€42,991
Cash flow
€28,601▲
2021 · -€47,337
Solvency
-7.7%▲
2021 · -19.9%
Current ratio
0.87▲
2021 · 0.78
Quick ratio
0.87▲
2021 · 0.78
ROA
9.3%▲
2021 · -38.2%
Interest coverage
4.83▲
2021 · -7.09
Debt ≤ 1 year
€227,440▲
2021 · €206,237
Debt > 1 year
€205▼
2021 · €10,152
Income taxes
€1,248▲
2021 · €980
Staff costs
€352,760▲
2021 · €328,471
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,309 | €8,104 | ▲ 145% |
| Remuneration, social security and pensions62 | - | - | - | €328,471 | €352,760 | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,727 | €40,275 | €28,040 | €21,595 | €8,957 | ▼ 58.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3,104 | - | - |
| Other operating charges640/8 | - | - | - | €5,492 | €9,808 | ▲ 78.6% |
| Non-recurring operating charges66A | - | - | - | - | €56 | - |
| Gross operating margin9900 | €394,114 | €435,526 | €341,649 | €294,076 | €396,581 | ▲ 34.9% |
| Operating profit (loss)9901 | €12,859 | €29,490 | -€4,803 | -€64,585 | €25,000 | - |
| Financial income75/76B | - | - | - | €2,696 | €2,916 | ▲ 8.2% |
| Recurring financial income75 | €5,859 | €6,012 | €8,857 | €2,696 | €2,916 | ▲ 8.2% |
| Financial charges65/66B | - | - | - | €6,063 | €7,025 | ▲ 15.9% |
| Recurring financial charges65 | €7,845 | €9,451 | €5,918 | €6,063 | €7,025 | ▲ 15.9% |
| Profit (loss) for the period before taxes9903 | €10,873 | €26,052 | -€1,864 | -€67,953 | €20,892 | - |
| Income taxes67/77 | -€113 | €7,011 | €5 | €980 | €1,248 | ▲ 27.4% |
| Profit (loss) for the period9904 | €10,985 | €19,042 | -€1,869 | -€68,932 | €19,643 | - |
| Profit (loss) for the period to be appropriated9905 | €10,985 | €19,042 | -€1,869 | -€68,932 | €19,643 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €399,220 | €394,101 | €439,631 | €180,460 | €211,359 | ▲ 17.1% |
| Fixed assets21/28 | €101,598 | €67,940 | €34,694 | €19,621 | €13,736 | ▼ 30.0% |
| Intangible fixed assets21 | €18,950 | €6,603 | €3,302 | - | - | - |
| Tangible fixed assets22/27 | €72,464 | €51,153 | €27,592 | €16,365 | €10,480 | ▼ 36.0% |
| Furniture and vehicles24 | - | - | - | €8,755 | €8,151 | ▼ 6.9% |
| Leasing and similar rights25 | - | - | - | €7,610 | €2,329 | ▼ 69.4% |
| Financial fixed assets28 | €10,184 | €10,184 | €3,801 | €3,256 | €3,256 | = |
| Current assets29/58 | €297,623 | €326,162 | €404,936 | €160,839 | €197,624 | ▲ 22.9% |
| Stocks and contracts in progress3 | €7,089 | €3,449 | €3,449 | €345 | €345 | = |
| Stocks30/36 | - | - | - | €345 | €345 | = |
| Amounts receivable within one year40/41 | €277,614 | €263,948 | €175,228 | €96,953 | €140,193 | ▲ 44.6% |
| Trade receivables40 | - | - | - | €79,076 | €130,084 | ▲ 64.5% |
| Other amounts receivable41 | - | - | - | €17,878 | €10,109 | ▼ 43.5% |
| Cash at bank and in hand54/58 | €951 | €51,334 | €210,326 | €51,777 | €51,212 | ▼ 1.1% |
| Deferred charges and accrued income490/1 | - | - | - | €11,764 | €5,874 | ▼ 50.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €399,220 | €394,101 | €439,631 | €180,460 | €211,359 | ▲ 17.1% |
| Equity10/15 | €15,830 | €34,872 | €33,003 | -€35,930 | -€16,286 | ▲ 54.7% |
| Contributions10/11 | €6,197 | €6,197 | - | €6,197 | €6,197 | = |
| Reserves13 | €9,359 | €9,359 | €9,359 | €9,359 | €9,359 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €7,500 | €7,500 | = |
| Profit (loss) carried forward14 | €273 | €19,315 | €17,446 | -€51,486 | -€31,843 | ▲ 38.2% |
| Amounts payable17/49 | €383,391 | €359,230 | €406,628 | €216,389 | €227,646 | ▲ 5.2% |
| Amounts payable after more than one year17 | €74,614 | €71,073 | €30,962 | €10,152 | €205 | ▼ 98.0% |
| Financial debts170/4 | - | - | - | €10,152 | €205 | ▼ 98.0% |
| Amounts payable within one year42/48 | €308,777 | €288,157 | €375,665 | €206,237 | €227,440 | ▲ 10.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €30,507 | €20,811 | ▼ 31.8% |
| Financial debts43 | - | - | - | €25,164 | €28,815 | ▲ 14.5% |
| Credit institutions430/8 | - | - | - | €25,164 | €28,815 | ▲ 14.5% |
| Trade debts44 | €131,430 | €94,902 | €167,809 | €90,561 | €91,001 | ▲ 0.5% |
| Suppliers440/4 | - | - | - | €90,561 | €91,001 | ▲ 0.5% |
| Taxes, remuneration and social security45 | - | - | - | €60,006 | €86,814 | ▲ 44.7% |
| Taxes450/3 | - | - | - | €25,723 | €32,718 | ▲ 27.2% |
| Remuneration and social security454/9 | - | - | - | €34,283 | €54,096 | ▲ 57.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,985 | €19,042 | -€1,869 | -€68,932 | €19,643 | - |
| + Depreciation and write-downs630 | €50,727 | €40,275 | €28,040 | €21,595 | €8,957 | ▼ 58.5% |
| Operating cash flow (approximation) | €61,712 | €59,317 | €26,172 | -€47,337 | €28,601 | - |
| Investment in fixed assets (approximation) | - | -€6,618 | €5,205 | -€6,521 | -€3,072 | ▲ 52.9% |
| Change in cash | - | €50,383 | €158,992 | -€158,549 | -€565 | ▲ 99.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 09-06-2023 | 2023-00120226 |
| 31-12-2021 | micro format | 31-05-2022 | 2022-20042839 |
| 31-12-2020 | full format | 26-05-2021 | 2021-15600195 |
| 31-12-2019 | full format | 26-05-2020 | 2020-13200092 |
| 31-12-2018 | full format | 28-05-2019 | 2019-14800437 |
| 31-12-2017 | full format | 24-05-2018 | 2018-13900031 |
| 31-12-2016 | full format | 24-05-2017 | 2017-13700028 |
| 31-12-2015 | full format | 23-05-2016 | 2016-13400265 |
| 31-12-2014 | full format | 02-06-2015 | 2015-14600394 |
| 31-12-2013 | full format | 22-08-2014 | 2014-44900337 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.