ACE CONSULT: 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 CONSULT
Largest movements
- Cash -€5,561
down €5,561 (-7.7%), from €72,210 to €66,650
mainly Contributions, distributions and other (-€27,600) and Debts after one year (-€14,948)
- Debts after one year -€14,948
down €14,948 (-16.9%), from €88,379 to €73,431
- Reserves +€4,130
up €4,130 (+2.0%), from €202,165 to €206,295
- Gross operating margin +€7,114
up €7,114 (+16.6%), from €42,934 to €50,048
- Taxes +€2,494
up €2,494 (+22.4%), from €11,123 to €13,617
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,425 | €312,725 | -€8,699 | -2.7% |
| Fixed assets | 21/28 | €228,507 | €225,865 | -€2,642 | -1.2% |
| Tangible fixed assets | 22/27 | €228,507 | €225,865 | -€2,642 | -1.2% |
| Land and buildings | 22 | €224,889 | €223,262 | -€1,628 | -0.7% |
| Plant, machinery and equipment | 23 | €3,617 | €2,603 | -€1,014 | -28.0% |
| Current assets | 29/58 | €92,918 | €86,860 | -€6,058 | -6.5% |
| Amounts receivable within one year | 40/41 | €20,195 | €19,107 | -€1,088 | -5.4% |
| Trade receivables | 40 | €12,664 | €15,230 | +€2,566 | +20.3% |
| Other amounts receivable | 41 | €7,531 | €3,877 | -€3,654 | -48.5% |
| Cash at bank and in hand | 54/58 | €72,210 | €66,650 | -€5,561 | -7.7% |
| Deferred charges and accrued income | 490/1 | €512 | €1,104 | +€591 | +115.4% |
| Total equity and liabilities | 10/49 | €321,425 | €312,725 | -€8,699 | -2.7% |
| Equity | 10/15 | €203,165 | €207,295 | +€4,130 | +2.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €202,165 | €206,295 | +€4,130 | +2.0% |
| Distributable reserves | 133 | €202,165 | €206,295 | +€4,130 | +2.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €118,260 | €105,430 | -€12,829 | -10.8% |
| Amounts payable after more than one year | 17 | €88,379 | €73,431 | -€14,948 | -16.9% |
| Financial debts | 170/4 | €88,379 | €73,431 | -€14,948 | -16.9% |
| Amounts payable within one year | 42/48 | €29,881 | €31,999 | +€2,119 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €17,221 | €17,394 | +€173 | +1.0% |
| Financial debts | 43 | €4,099 | €4,079 | -€20 | -0.5% |
| Other loans | 439 | €4,099 | €4,079 | -€20 | -0.5% |
| Trade debts | 44 | €1,191 | €1,540 | +€349 | +29.3% |
| Suppliers | 440/4 | €1,191 | €1,540 | +€349 | +29.3% |
| Taxes, remuneration and social security | 45 | €7,370 | €8,987 | +€1,617 | +21.9% |
| Taxes | 450/3 | €4,950 | €6,567 | +€1,617 | +32.7% |
| Remuneration and social security | 454/9 | €2,420 | €2,420 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,497 | €2,642 | +€145 | +5.8% |
| Other operating charges | 640/8 | €346 | €427 | +€82 | +23.6% |
| Gross operating margin | 9900 | €42,934 | €50,048 | +€7,114 | +16.6% |
| Operating profit (loss) | 9901 | €40,091 | €46,979 | +€6,887 | +17.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,875 | €1,632 | -€244 | -13.0% |
| Recurring financial charges | 65 | €1,875 | €1,632 | -€244 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €38,216 | €45,347 | +€7,131 | +18.7% |
| Income taxes | 67/77 | €11,123 | €13,617 | +€2,494 | +22.4% |
| Profit (loss) for the period | 9904 | €27,093 | €31,730 | +€4,637 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,093 | €31,730 | +€4,637 | +17.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.