Ace & Peak: 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 & Peak
Largest movements
- Cash -€28,158
down €28,158 (-14.1%), from €200,366 to €172,208
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€17,236)
- Receivables within one year +€17,236
up €17,236 (+6,358%), from €271 to €17,507
of which Trade receivables: +€12,112
- Tangible fixed assets -€6,402
down €6,402 (-44.2%), from €14,498 to €8,096
of which Furniture and vehicles: -€5,376
- Intangible fixed assets +€2,500
new in 2025: €2,500
- Profit (loss) carried forward -€70,070
down €70,070 (-44.5%), from €157,342 to €87,272
- Other debts +€54,799
up €54,799 (+172%), from €31,892 to €86,691
- Gross operating margin -€28,528
down €28,528 (-60.5%), from €47,180 to €18,653
- Taxes -€11,012
down €11,012 (-91.0%), from €12,100 to €1,088
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 | €215,905 | €201,462 | -€14,442 | -6.7% |
| Fixed assets | 21/28 | €14,563 | €10,661 | -€3,902 | -26.8% |
| Intangible fixed assets | 21 | - | €2,500 | +€2,500 | |
| Tangible fixed assets | 22/27 | €14,498 | €8,096 | -€6,402 | -44.2% |
| Plant, machinery and equipment | 23 | €1,862 | €836 | -€1,026 | -55.1% |
| Furniture and vehicles | 24 | €12,636 | €7,259 | -€5,376 | -42.5% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €201,342 | €190,801 | -€10,540 | -5.2% |
| Amounts receivable within one year | 40/41 | €271 | €17,507 | +€17,236 | +6,358% |
| Trade receivables | 40 | - | €12,112 | +€12,112 | |
| Other amounts receivable | 41 | €271 | €5,395 | +€5,123 | +1,890% |
| Cash at bank and in hand | 54/58 | €200,366 | €172,208 | -€28,158 | -14.1% |
| Deferred charges and accrued income | 490/1 | €704 | €1,086 | +€382 | +54.3% |
| Total equity and liabilities | 10/49 | €215,905 | €201,462 | -€14,442 | -6.7% |
| Equity | 10/15 | €177,802 | €107,732 | -€70,070 | -39.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,342 | €87,272 | -€70,070 | -44.5% |
| Amounts payable | 17/49 | €38,103 | €93,730 | +€55,627 | +146% |
| Amounts payable within one year | 42/48 | €37,652 | €93,730 | +€56,078 | +149% |
| Trade debts | 44 | €2,636 | €2,098 | -€538 | -20.4% |
| Suppliers | 440/4 | €2,636 | €2,098 | -€538 | -20.4% |
| Taxes, remuneration and social security | 45 | €3,124 | €4,941 | +€1,817 | +58.2% |
| Taxes | 450/3 | €3,124 | €4,941 | +€1,817 | +58.2% |
| Other amounts payable | 47/48 | €31,892 | €86,691 | +€54,799 | +172% |
| Accrued charges and deferred income | 492/3 | €451 | - | -€451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,313 | €6,402 | +€89 | +1.4% |
| Other operating charges | 640/8 | €892 | €924 | +€32 | +3.5% |
| Gross operating margin | 9900 | €47,180 | €18,653 | -€28,528 | -60.5% |
| Operating profit (loss) | 9901 | €39,975 | €11,327 | -€28,648 | -71.7% |
| Financial income | 75/76B | €103 | €4 | -€99 | -96.3% |
| Recurring financial income | 75 | €103 | €4 | -€99 | -96.3% |
| Financial charges | 65/66B | €296 | €312 | +€16 | +5.3% |
| Recurring financial charges | 65 | €296 | €312 | +€16 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €39,781 | €11,018 | -€28,763 | -72.3% |
| Income taxes | 67/77 | €12,100 | €1,088 | -€11,012 | -91.0% |
| Profit (loss) for the period | 9904 | €27,681 | €9,930 | -€17,751 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,681 | €9,930 | -€17,751 | -64.1% |
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 14 October 2026 via checked.be.