Losses
-€14,032 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
ACE ENGINEERING
Overview
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €37,512 (2023)
-€11,921▼ €15,822
Resultlowest -€12,826 (2025)
-€12,826▼ €11,619
Equitypeak €14,660 (2023)
€3,367▼ 75.0%
Debts
€331▼ 99.2%
Board2 names since 2007
2 directorsANNET Philippe and 1 other
Documentsfilings and deeds
19-01-2026181 days before the deadline
2025micro format
Gross margin from €3,901 to -€11,921Loss of €12,826Equity from €13,453 to €3,367Debts from €41,285 to €331Cash from €11,766 to €174
Key points
from the 2025 annual accounts, the last ones filedStaff
1 employees on 30-06-2025
In 2025, 1 person joined and 0 left.
Filings
3 annual accounts 4 filings, 1 late
The 2023 accounts came 14 days late. The other two were filed on time.
No scoreTurnover not published (micro format)
Board and ownership
AP
ANNET Philippe
Director, since 23-10-2007
CF
COURTOIS Fabienne
Director, since 23-10-2007
Recent changes
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed on 19-12-2025 · Books and records kept in Waterloo (5 years) · General meeting of 19-12-2025 · Gazette deed
Incorporation
4 publications in the Belgian Official Gazette, the last on 26-02-2026 · Gazette deed
Official details
Source: KBO- Status
- Dissolved and wound up on 19-12-2025deed of 26-02-2026
- Activity
- No activity registered in the KBO
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
- Financial year end
- 19 December
- Peppol
- Not found in the Peppol Directory
Annual accounts to 19-12-2025
- Gross margin
- -€11,921
- Loss
- €12,826
- Equity
- €3,367▼ 79.2%
- Total assets
- €3,699▼ 88.6%
- Filing
- Filed on 19-01-2026
Insights on ACE ENGINEERING
Inactive. The last annual accounts are for financial year 2025. The company was dissolved and wound up in a single deed on 19-12-2025. The books and records are kept for 5 years in Waterloo.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 19-01-2026, 181 days before the deadlineGross margin
-€11,921
▼ €15,822
Operating result
-€12,698
▼ €12,733
Loss
-€12,826
▼ €11,619
Working capital
€3,367
▲ €3,787
Solvency
-
Current ratio
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €3,699 on 19-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Staff
Staff cost per FTE
Staff costs divided by the average number of full-time equivalents.
Joined and left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
3,699 | 54,738 | 97,358 | |
Fixed assets21/28 |
0 | 13,873 | 15,443 | |
Tangible fixed assets22/27 |
0 | 13,873 | 15,443 | |
Plant, machinery and equipment23 |
- | 4,599 | 8,007 | |
Furniture and vehicles24 |
0 | 9,274 | 7,436 | |
Current assets29/58 |
3,699 | 40,865 | 81,915 | |
Amounts receivable within one year40/41 |
3,525 | 28,789 | 66,339 | |
Trade receivables40 |
3,170 | 21,182 | 56,493 | |
Other amounts receivable41 |
355 | 7,607 | 9,846 | |
Cash at bank and in hand54/58 |
174 | 11,766 | 13,623 | |
Deferred charges and accrued income490/1 |
- | 310 | 1,953 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
3,699 | 54,738 | 97,358 | |
Equity10/15 |
3,367 | 13,453 | 14,660 | |
Contributions10/11 |
6,200 | 6,200 | 6,200 | |
Reserves13 |
2,641 | 2,641 | 2,641 | |
Non-distributable reserves130/1 |
1,860 | 1,860 | 1,860 | |
Reserves not available under the articles1311 |
1,860 | 1,860 | 1,860 | |
Distributable reserves133 |
781 | 781 | 781 | |
Profit (loss) carried forward14 |
-5,473 | 4,613 | 5,819 | |
Amounts payable17/49 |
331 | 41,285 | 82,698 | |
Amounts payable within one year42/48 |
331 | 41,285 | 82,691 | |
Current portion of amounts payable after more than one year42 |
- | 4,927 | 0 | |
Financial debts43 |
0 | - | 0 | |
Credit institutions430/8 |
0 | - | 0 | |
Trade debts44 |
0 | 28,883 | 67,306 | |
Suppliers440/4 |
0 | 28,883 | 67,306 | |
Taxes, remuneration and social security45 |
0 | 7,475 | 15,385 | |
Taxes450/3 |
0 | 7,475 | 15,385 | |
Other amounts payable47/48 |
331 | - | 0 | |
Accrued charges and deferred income492/3 |
- | 0 | 7 | |
| Income statement | ||||
Non-recurring operating income76A |
892 | - | - | |
Gross operating margin9900 |
-11,921 | 3,901 | 37,512 | |
Remuneration, social security and pensions62 |
0 | 0 | 4,218 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
0 | 3,342 | 3,548 | |
Other operating charges640/8 |
200 | 524 | 348 | |
Non-recurring operating charges66A |
577 | - | - | |
Operating profit (loss)9901 |
-12,698 | 35 | 29,397 | |
Financial income75/76B |
429 | 501 | 427 | |
Recurring financial income75 |
429 | 501 | 427 | |
Financial charges65/66B |
557 | 1,187 | 105 | |
Recurring financial charges65 |
557 | 1,187 | 105 | |
Profit (loss) for the period before taxes9903 |
-12,826 | -651 | 29,719 | |
Income taxes67/77 |
0 | 555 | 5,901 | |
Profit (loss) for the period9904 |
-12,826 | -1,207 | 23,818 | |
Profit (loss) for the period to be appropriated9905 |
-12,826 | -1,207 | 23,818 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
-5,473 | 4,613 | 5,819 | |
Profit (loss) brought forward from the previous period14P |
7,353 | 5,819 | -17,999 | |
| Social balance sheet | ||||
Average staff (FTE)9087 |
- | - | 1 | |
Hours worked1013 |
- | - | 196 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| EBITDA | -12,698 | 3,376 | 32,946 | |
| Cash flow | -12,826 | 2,135 | 27,366 | |
| Investment in fixed assets (approximation) | -13,873 | 1,772 | 3,805 | |
| Change in cash | -11,592 | -1,857 | - | |
| Working capital | 3,367 | -420 | -776 | |
| Solvency | - | 24.6% | 15.1% | |
| Current ratio | - | 0.99 | 0.99 | |
| Debt to equity | - | 3.07 | 5.64 | |
| ROE | - | -9.0% | 162.5% | |
| ROA | - | -2.2% | 24.5% | |
| Interest coverage | -22.81 | 2.84 | over 100 |
The ratios are withheld because a balance sheet total of €3,699 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-06-2025 | 30-06-2023 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| part-time | 0 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 0.2 | - |
| Joined | 1 | 1 |
| Left | 0 | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
fixed assets acquired| Item | 19-12-2025 | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,772 | €3,805 |
| Depreciation and write-downs of the year | €0 | €216 | €3,342 | €3,548 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ACE ENGINEERING
The operating result for 2025 is a loss of €12,698, after a profit of €35 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total falls from 75.4% to 9.0%. Equity and debt are lower.
Board & ownership
Last board
2 directorsMandates through the years
2 names, the dashed line is todayANNET Philippe
Director
Director
COURTOIS Fabienne
Director
Director
Board
Mandates as a list
- ANNET Philippe
- Director, from 23-10-2007 to date
- COURTOIS Fabienne
- Director, from 23-10-2007 to date
Control
Capital
- Contribution
- €6,200
- Source
- 2025 annual accounts
Articles of association
deed of 26-02-2026 (in French)- Custody of recordsThe books and records are kept for at least five years after liquidation. The articles set where.
- “1410 Waterloo, Avenue de l'Avocat, 12, comptabilité et autres documents”
Network & group
No group
ACE ENGINEERING has no parent and no holdings in its annual accounts. ACE ENGINEERING shares no director with another company.
Timeline
Timeline
9 events since 2007Filings
Financial
End
2008201020122014201620182020202220242026
2026
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 19-12-2025 · Books and records kept in Waterloo (5 years) · General meeting of 19-12-20259 points ▸
- General meeting, 19-12-2025
- Net-asset statement, 04-12-2025
- Custody of records, 11-12-2025
- Dissolution, 19-12-2025
- Liquidation closure, 19-12-2025
- Power of attorney, Tax Consult Accountancy & Advisory
- Power of attorney, ANNET Philippe
- Power of attorney, COURTOIS Fabienne
- Auditor report, 11-12-2025
- The deed holds 9 more points.
Annual accounts 2025 filed NBBmicro format · 181 days before the deadline
2025
Weakest financial year net -€12,826 The net result drops to -€12,826, the lowest from 2023 to 2025.
Liquidity more than 6 times current ratio 11.16 The current ratio rises from 1.82 to 11.16. Short-term debt falls from €16,325 to €331.
Annual accounts 2025 filed NBBmicro format · 64 days before the deadline
Back to profit net €2,740 The net result is €2,740, after one loss-making year.
Annual accounts 2024 filed NBBmicro format · on the deadline day
2024
Annual accounts 2023 filed NBBmicro format · 14 days late
2007
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 26-02-2026
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Dissolved and wound up on 19 December 2025
ACE ENGINEERING is no longer in the KBO register.
- Status
- Inactive
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 26 February 2026 · deed
- Last annual accounts
- financial year to 19 December 2025
- Last registered office
- Avenue De L'avocat 12, 1410 Waterlooas published on 26 February 2026
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2023