ACE Holding
ActiveThe computed 12-month bankruptcy probability of ACE Holding is 2.2% (moderate). The 2025 annual accounts show equity of €4.29M and a net result of €-119k. Equity is shrinking by ~2.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+25
Solvency73▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity short (current ratio 0.08 against 10.13 in 2024; short-term debt: 1.3% and cash: 0% of total assets), and 52.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.8%
Return on assets
-1.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-119k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 d early
2024
34 d early
2023
6 d early
2022
11 d early
2021
20 d early
2020
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.29M▼ 2.7%
2024 · €4.40M
2020: €4.12M
2021: €7.07M
2022: €3.63M
2023: €3.46M
2024: €4.40M
2020 → 2025
Total assets
€8.97M▼ 10.0%
2024 · €9.98M
2020: €6.00M
2021: €13.71M
2022: €9.12M
2023: €9.12M
2024: €9.98M
2020 → 2025
Net result
€-119k▲ 89.5%
2024 · €-1.14M
2020: €4.12M
2021: €5.95M
2022: €1.16M
2023: €-172k
2024: €-1.14M
2020 → 2025
Working capital
€-109k
2024 · €911k
2020: €-7k
2021: €4.72M
2022: €-3k
2023: €-100k
2024: €911k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.07M-€3.63M▼ 48.6%€3.46M▼ 4.7%€4.40M▲ 27.3%€4.29M▼ 2.7%
Operating result€-12k-€-9k▲ 25.1%€-4k▲ 56.0%€-968k▼ 24,805%€-4k▲ 99.6%
Net result€5.95M-€1.16M▼ 80.4%€-172k€-1.14M▼ 560%€-119k▲ 89.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €968k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.97M
Fixed assets
€8.97M=
Current assets
€9k▼ 99.1%
Equity and liabilities €8.97M
Equity
€4.29M▼ 2.7%
Debt
€4.69M▼ 15.8%
The debt ratio falls from 55.8% to 52.2%. Equity and debt are lower.
Key figures and ratios
Solvency
47.8%▲
2024 · 44.2%
Current ratio
0.08▼
2024 · 10.13
Quick ratio
0.08▼
2024 · 10.13
Debt / equity
1.09▼
2024 · 1.26
ROE
-2.8%▲
2024 · -25.8%
ROA
-1.3%▲
2024 · -11.4%
Debt
€4.69M▼
2024 · €5.57M
Debt ≤ 1 year
€118k▲
2024 · €100k
Debt > 1 year
€4.57M▼
2024 · €5.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9.98M€8.97M▼
Fixed assets21/28€8.97M€8.97M=
Financial fixed assets28€8.97M€8.97M=
Current assets29/58€1.01M€9k▼
Amounts receivable within one year40/41€6k€7k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€1.00M€2k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€9.98M€8.97M▼
Equity10/15€4.40M€4.29M▼
Contributions10/11€2.08M€2.08M=
Reserves13€2.32M€2.20M▼
Distributable reserves133€2.32M€2.20M▼
Amounts payable17/49€5.57M€4.69M▼
Amounts payable after more than one year17€5.47M€4.57M▼
Other amounts payable178/9€5.47M€4.57M▼
Amounts payable within one year42/48€100k€118k▲
Trade debts44€100k€116k▲
Suppliers440/4€100k€116k▲
Other amounts payable47/48€0€2k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€950k€0▼
Gross operating margin9900€-12k€821▲
Operating profit (loss)9901€-968k€-4k▲
Financial income75/76B€5k€0▼
Recurring financial income75€5k€0▼
Financial charges65/66B€176k€116k▼
Recurring financial charges65€176k€116k▼
Profit (loss) for the period before taxes9903€-1.14M€-119k▲
Profit (loss) for the period9904€-1.14M€-119k▲
Profit (loss) for the period to be appropriated9905€-1.14M€-119k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.14M€-119k▲
Transfer from equity791/2€1.14M€119k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-1.14M
Net result drops to €-1.14M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 46current ratio 10.13
Current ratio from 0.22 to 10.13; short-term debt falls from €128k to €100k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2020net €5.95M ▲44.6%
Net result €5.95M, the highest in the series.
31-12
Financial
Liquidity times 352current ratio 172.22
Current ratio from 0.49 to 172.22.
31-12
Financial
Equity above €5MEq €7.07M ▲71.7%
2 profitable years in a row build equity to €7.07M.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dascottelei 112100 AntwerpenGround area
4,765 m²
Building footprint
290 m²
Volume, LiDAR
4,730 m³
Parcel 11346B0465/00B000, Flanders · tallest building 18.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ACE Holding
since 20202.304.822.740
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0465/00B000 | Flanders | 4,765 m² | 1 · 290 m² | 18.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.