ACE Reward: 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 Reward
Largest movements
- Tangible fixed assets -€8,395
down €8,395 (-28.4%), from €29,549 to €21,154
of which Furniture and vehicles: -€9,174
- Cash +€5,503
up €5,503 (+11.2%), from €48,936 to €54,439
mainly Net result for the year (+€32,445) and Depreciation (+€9,555)
- Receivables within one year +€3,262
up €3,262 (+24.3%), from €13,406 to €16,668
of which Trade receivables: +€2,431
- Trade debts -€4,002
down €4,002 (-50.8%), from €7,883 to €3,882
- Reserves +€1,760
up €1,760 (+6.4%), from €27,627 to €29,388
- Other debts +€1,082
up €1,082 (+4.3%), from €25,000 to €26,082
- Tax, wage and social debts +€975
up €975 (+6.8%), from €14,395 to €15,370
- Gross operating margin -€8,953
down €8,953 (-14.7%), from €61,002 to €52,049
- Taxes -€2,263
down €2,263 (-19.8%), from €11,450 to €9,186
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 | €93,571 | €93,389 | -€183 | -0.2% |
| Fixed assets | 21/28 | €29,549 | €21,154 | -€8,395 | -28.4% |
| Tangible fixed assets | 22/27 | €29,549 | €21,154 | -€8,395 | -28.4% |
| Plant, machinery and equipment | 23 | €2,035 | €2,814 | +€779 | +38.3% |
| Furniture and vehicles | 24 | €27,514 | €18,340 | -€9,174 | -33.3% |
| Current assets | 29/58 | €64,022 | €72,235 | +€8,213 | +12.8% |
| Amounts receivable within one year | 40/41 | €13,406 | €16,668 | +€3,262 | +24.3% |
| Trade receivables | 40 | €12,342 | €14,773 | +€2,431 | +19.7% |
| Other amounts receivable | 41 | €1,064 | €1,895 | +€831 | +78.1% |
| Cash at bank and in hand | 54/58 | €48,936 | €54,439 | +€5,503 | +11.2% |
| Deferred charges and accrued income | 490/1 | €1,680 | €1,127 | -€553 | -32.9% |
| Total equity and liabilities | 10/49 | €93,571 | €93,389 | -€183 | -0.2% |
| Equity | 10/15 | €46,227 | €47,988 | +€1,760 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,627 | €29,388 | +€1,760 | +6.4% |
| Distributable reserves | 133 | €27,627 | €29,388 | +€1,760 | +6.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,344 | €45,401 | -€1,943 | -4.1% |
| Amounts payable within one year | 42/48 | €47,278 | €45,334 | -€1,944 | -4.1% |
| Trade debts | 44 | €7,883 | €3,882 | -€4,002 | -50.8% |
| Suppliers | 440/4 | €7,883 | €3,882 | -€4,002 | -50.8% |
| Taxes, remuneration and social security | 45 | €14,395 | €15,370 | +€975 | +6.8% |
| Taxes | 450/3 | €14,395 | €15,370 | +€975 | +6.8% |
| Other amounts payable | 47/48 | €25,000 | €26,082 | +€1,082 | +4.3% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,450 | €9,555 | +€105 | +1.1% |
| Other operating charges | 640/8 | €593 | €743 | +€150 | +25.2% |
| Non-recurring operating charges | 66A | - | €39 | +€39 | |
| Gross operating margin | 9900 | €61,002 | €52,049 | -€8,953 | -14.7% |
| Operating profit (loss) | 9901 | €50,959 | €41,712 | -€9,247 | -18.1% |
| Financial income | 75/76B | €15 | €51 | +€37 | +250% |
| Recurring financial income | 75 | €15 | €51 | +€37 | +250% |
| Financial charges | 65/66B | €351 | €132 | -€219 | -62.5% |
| Recurring financial charges | 65 | €351 | €132 | -€219 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €50,623 | €41,631 | -€8,992 | -17.8% |
| Income taxes | 67/77 | €11,450 | €9,186 | -€2,263 | -19.8% |
| Profit (loss) for the period | 9904 | €39,173 | €32,445 | -€6,728 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,173 | €32,445 | -€6,728 | -17.2% |
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.