ACE INTERNATIONAL: 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 INTERNATIONAL
Largest movements
- Cash -€89,017
down €89,017 (-49.5%), from €179,828 to €90,811
mainly Other debts (-€89,452) and Net result for the year (-€3,493)
- Tangible fixed assets -€3,300
down €3,300 (-4.1%), from €80,954 to €77,654
- Other debts -€89,452
down €89,452 (-45.6%), from €196,241 to €106,789
- Profit (loss) carried forward -€3,493
down €3,493 (-23.1%), from -€15,104 to -€18,597
- Financial income +€12,712
new in 2025: €12,712
- Gross operating margin -€1,885
down €1,885 (-19.5%), from -€9,656 to -€11,541
- Depreciation -€445
down €445 (-11.9%), from €3,745 to €3,300
- Other operating charges -€368
down €368 (-24.0%), from €1,534 to €1,166
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.
Derived cash bridge
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 | €260,781 | €168,465 | -€92,317 | -35.4% |
| Fixed assets | 21/28 | €80,954 | €77,654 | -€3,300 | -4.1% |
| Tangible fixed assets | 22/27 | €80,954 | €77,654 | -€3,300 | -4.1% |
| Land and buildings | 22 | €80,954 | €77,654 | -€3,300 | -4.1% |
| Current assets | 29/58 | €179,828 | €90,811 | -€89,017 | -49.5% |
| Cash at bank and in hand | 54/58 | €179,828 | €90,811 | -€89,017 | -49.5% |
| Total equity and liabilities | 10/49 | €260,781 | €168,465 | -€92,317 | -35.4% |
| Equity | 10/15 | €61,776 | €58,283 | -€3,493 | -5.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Revaluation surpluses | 12 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €8,393 | €8,393 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44 | €44 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44 | €44 | = | 0.0% |
| Distributable reserves | 133 | €8,349 | €8,349 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,104 | -€18,597 | -€3,493 | -23.1% |
| Amounts payable | 17/49 | €199,005 | €110,182 | -€88,823 | -44.6% |
| Amounts payable within one year | 42/48 | €199,005 | €110,182 | -€88,823 | -44.6% |
| Trade debts | 44 | €1,940 | €3,393 | +€1,453 | +74.9% |
| Suppliers | 440/4 | €1,940 | €3,393 | +€1,453 | +74.9% |
| Taxes, remuneration and social security | 45 | €824 | - | -€824 | |
| Taxes | 450/3 | €824 | - | -€824 | |
| Other amounts payable | 47/48 | €196,241 | €106,789 | -€89,452 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,745 | €3,300 | -€445 | -11.9% |
| Other operating charges | 640/8 | €1,534 | €1,166 | -€368 | -24.0% |
| Gross operating margin | 9900 | -€9,656 | -€11,541 | -€1,885 | -19.5% |
| Operating profit (loss) | 9901 | -€14,935 | -€16,007 | -€1,073 | -7.2% |
| Financial income | 75/76B | - | €12,712 | +€12,712 | |
| Recurring financial income | 75 | - | €12,712 | +€12,712 | |
| Financial charges | 65/66B | €169 | €198 | +€29 | +17.4% |
| Recurring financial charges | 65 | €169 | €198 | +€29 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,104 | -€3,493 | +€11,610 | +76.9% |
| Profit (loss) for the period | 9904 | -€15,104 | -€3,493 | +€11,610 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,104 | -€3,493 | +€11,610 | +76.9% |
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 31 October 2026 via checked.be.