ACE: what changed
What changed
ACE
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
€2,505
2024 · €12,099-€9,595
Equity
€19,098
2024 · €16,593+€2,505
Cash
€3,683
2024 · €3,402+€281
Balance sheet total
€46,919
2024 · €39,873+€7,046
Largest movements
Assets
- Receivables within one year +€16,542
up €16,542 (+84.0%), from €19,692 to €36,234
of which Trade receivables: +€12,285
- Tangible fixed assets -€10,144
down €10,144 (-100.0%), from €10,146 to €1
of which Furniture and vehicles: -€9,798
- Deferred charges and accrued income +€1,339
up €1,339 (+23.7%), from €5,662 to €7,001
- Stocks and contracts -€972
down €972 (-100%), from €972 to €0
Equity and liabilities
- Trade debts +€12,779
up €12,779 (+131%), from €9,754 to €22,533
- Current portion of long-term debt -€11,594
down €11,594 (-100%), from €11,594 to €0
- Advances received +€5,000
up €5,000, from €0 to €5,000
- Profit (loss) carried forward +€2,505
up €2,505 (+10.0%), from -€24,981 to -€22,477
- Other debts -€1,473
down €1,473 (-100%), from €1,473 to €0
Income statement
- Write-downs +€7,966
up €7,966, from €0 to €7,966
- Gross operating margin -€2,096
down €2,096 (-7.8%), from €26,702 to €24,606
- Depreciation -€1,074
down €1,074 (-9.6%), from €11,219 to €10,144
- Other operating charges +€872
up €872 (+75.5%), from €1,155 to €2,027
- Financial income +€292
up €292 (+3,073%), from €10 to €301
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€12,099
Gross operating margin
-€2,096
Depreciation
+€1,074
Write-downs
-€7,966
Other operating charges
-€872
Financial income
+€292
Financial charges
-€34
Taxes
+€6
Result 2025
€2,505
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11,875
Investment
€0
Financing
-€11,594
Cash 2024
€3,402
From operations (derived)
+€11,875
Net result for the year
+€2,505
Depreciation
+€10,144
Stocks and contracts
+€972
Receivables within one year
-€16,542
Deferred charges and accrued income
-€1,339
Trade debts
+€12,779
Tax, wage and social debts
+€141
Advances received
+€5,000
Other debts
-€1,473
Accrued charges and deferred income
-€312
Financing
-€11,594
Current portion of long-term debt
-€11,594
Cash 2025
€3,683
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,873 | €46,919 | +€7,046 | +17.7% |
| Fixed assets | 21/28 | €10,146 | €1 | -€10,144 | -100.0% |
| Tangible fixed assets | 22/27 | €10,146 | €1 | -€10,144 | -100.0% |
| Plant, machinery and equipment | 23 | €348 | €1 | -€347 | -99.7% |
| Furniture and vehicles | 24 | €9,798 | €0 | -€9,798 | -100% |
| Current assets | 29/58 | €29,728 | €46,918 | +€17,190 | +57.8% |
| Stocks and contracts in progress | 3 | €972 | €0 | -€972 | -100% |
| Stocks | 30/36 | €972 | €0 | -€972 | -100% |
| Amounts receivable within one year | 40/41 | €19,692 | €36,234 | +€16,542 | +84.0% |
| Trade receivables | 40 | €18,420 | €30,705 | +€12,285 | +66.7% |
| Other amounts receivable | 41 | €1,272 | €5,529 | +€4,257 | +335% |
| Cash at bank and in hand | 54/58 | €3,402 | €3,683 | +€281 | +8.3% |
| Deferred charges and accrued income | 490/1 | €5,662 | €7,001 | +€1,339 | +23.7% |
| Total equity and liabilities | 10/49 | €39,873 | €46,919 | +€7,046 | +17.7% |
| Equity | 10/15 | €16,593 | €19,098 | +€2,505 | +15.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €23,025 | €23,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €21,170 | €21,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,981 | -€22,477 | +€2,505 | +10.0% |
| Amounts payable | 17/49 | €23,280 | €27,821 | +€4,541 | +19.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €22,968 | €27,821 | +€4,853 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €11,594 | €0 | -€11,594 | -100% |
| Trade debts | 44 | €9,754 | €22,533 | +€12,779 | +131% |
| Suppliers | 440/4 | €9,754 | €22,533 | +€12,779 | +131% |
| Advances received on contracts in progress | 46 | €0 | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €147 | €288 | +€141 | +95.6% |
| Taxes | 450/3 | €147 | €288 | +€141 | +95.6% |
| Other amounts payable | 47/48 | €1,473 | €0 | -€1,473 | -100% |
| Accrued charges and deferred income | 492/3 | €312 | €0 | -€312 | -100% |
| Non-recurring operating income | 76A | €10,125 | €0 | -€10,125 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,219 | €10,144 | -€1,074 | -9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €7,966 | +€7,966 | |
| Other operating charges | 640/8 | €1,155 | €2,027 | +€872 | +75.5% |
| Gross operating margin | 9900 | €26,702 | €24,606 | -€2,096 | -7.8% |
| Operating profit (loss) | 9901 | €14,328 | €4,468 | -€9,860 | -68.8% |
| Financial income | 75/76B | €10 | €301 | +€292 | +3,073% |
| Recurring financial income | 75 | €10 | €301 | +€292 | +3,073% |
| Financial charges | 65/66B | €2,091 | €2,124 | +€34 | +1.6% |
| Recurring financial charges | 65 | €2,091 | €2,124 | +€34 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €12,247 | €2,645 | -€9,601 | -78.4% |
| Income taxes | 67/77 | €147 | €141 | -€6 | -4.4% |
| Profit (loss) for the period | 9904 | €12,099 | €2,505 | -€9,595 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,099 | €2,505 | -€9,595 | -79.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.