ACE 63: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ACE 63
Largest movements
- Tangible fixed assets -€62,567
down €62,567 (-29.7%), from €210,899 to €148,333
of which Plant, machinery and equipment: -€62,183
- Stocks and contracts -€13,043
down €13,043 (-53.7%), from €24,276 to €11,233
- Cash +€9,996
up €9,996 (+138%), from €7,261 to €17,257
mainly Depreciation (+€98,407) and Other debts (+€36,996)
- Receivables within one year +€8,012
up €8,012 (+249%), from €3,223 to €11,234
of which Trade receivables: +€8,036
- Profit (loss) carried forward -€90,072
down €90,072 (-43.2%), from -€208,559 to -€298,631
- Other debts +€36,996
up €36,996 (+9.3%), from €396,622 to €433,617
- Trade debts -€6,425
down €6,425 (-11.2%), from €57,593 to €51,168
- Turnover -€41,242
no longer reported in 2024 (was €41,242)
- Purchases and services -€20,734
no longer reported in 2024 (was €20,734)
- Gross operating margin -€9,166
down €9,166 (-44.7%), from €20,509 to €11,343
- Depreciation -€3,252
down €3,252 (-3.2%), from €101,658 to €98,407
- Other operating charges +€2,907
up €2,907 (+2,769%), from €105 to €3,012
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,659 | €188,157 | -€57,501 | -23.4% |
| Fixed assets | 21/28 | €210,899 | €148,433 | -€62,467 | -29.6% |
| Tangible fixed assets | 22/27 | €210,899 | €148,333 | -€62,567 | -29.7% |
| Plant, machinery and equipment | 23 | €210,516 | €148,333 | -€62,183 | -29.5% |
| Furniture and vehicles | 24 | €383 | €0 | -€383 | -100% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €34,759 | €39,724 | +€4,965 | +14.3% |
| Stocks and contracts in progress | 3 | €24,276 | €11,233 | -€13,043 | -53.7% |
| Stocks | 30/36 | €24,276 | €11,233 | -€13,043 | -53.7% |
| Amounts receivable within one year | 40/41 | €3,223 | €11,234 | +€8,012 | +249% |
| Trade receivables | 40 | €2,744 | €10,780 | +€8,036 | +293% |
| Other amounts receivable | 41 | €478 | €454 | -€25 | -5.2% |
| Cash at bank and in hand | 54/58 | €7,261 | €17,257 | +€9,996 | +138% |
| Total equity and liabilities | 10/49 | €245,659 | €188,157 | -€57,501 | -23.4% |
| Equity | 10/15 | -€208,556 | -€298,628 | -€90,072 | -43.2% |
| Contributions | 10/11 | €3 | €3 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€208,559 | -€298,631 | -€90,072 | -43.2% |
| Amounts payable | 17/49 | €454,215 | €486,786 | +€32,571 | +7.2% |
| Amounts payable within one year | 42/48 | €454,215 | €486,786 | +€32,571 | +7.2% |
| Trade debts | 44 | €57,593 | €51,168 | -€6,425 | -11.2% |
| Suppliers | 440/4 | €57,593 | €51,168 | -€6,425 | -11.2% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €396,622 | €433,617 | +€36,996 | +9.3% |
| Turnover | 70 | €41,242 | - | -€41,242 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,734 | - | -€20,734 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,658 | €98,407 | -€3,252 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,549 | - | -€2,549 | |
| Other operating charges | 640/8 | €105 | €3,012 | +€2,907 | +2,769% |
| Non-recurring operating charges | 66A | €5,863 | - | -€5,863 | |
| Gross operating margin | 9900 | €20,509 | €11,343 | -€9,166 | -44.7% |
| Operating profit (loss) | 9901 | -€89,667 | -€90,076 | -€409 | -0.5% |
| Financial income | 75/76B | - | €120 | +€120 | |
| Recurring financial income | 75 | - | €120 | +€120 | |
| Financial charges | 65/66B | €31 | €116 | +€85 | +276% |
| Recurring financial charges | 65 | €31 | €116 | +€85 | +276% |
| Profit (loss) for the period before taxes | 9903 | -€89,698 | -€90,072 | -€375 | -0.4% |
| Profit (loss) for the period | 9904 | -€89,698 | -€90,072 | -€375 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,698 | -€90,072 | -€375 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.