ACE TECHNICS: what changed
Two fiscal 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 TECHNICS
Largest movements
- Cash -€46,846
down €46,846 (-75.6%), from €61,958 to €15,112
mainly Debts after one year (-€53,307) and Net result for the year (-€21,295)
- Tangible fixed assets -€35,825
down €35,825 (-6.6%), from €544,071 to €508,246
of which Land and buildings: -€28,094
- Receivables within one year +€20,472
up €20,472 (+29.7%), from €69,020 to €89,492
of which Other amounts receivable: +€29,731
- Debts after one year -€53,307
down €53,307 (-16.6%), from €320,649 to €267,343
- Profit (loss) carried forward -€21,295
down €21,295 (-58.5%), from €36,375 to €15,081
- Current portion of long-term debt +€14,616
up €14,616 (+40.4%), from €36,213 to €50,829
- Trade debts +€8,465
up €8,465 (+18.6%), from €45,434 to €53,899
- Gross operating margin -€33,043
down €33,043 (-45.0%), from €73,502 to €40,460
- Taxes -€4,433
down €4,433 (-100.0%), from €4,433 to €0
- Financial charges -€3,692
down €3,692 (-16.0%), from €23,129 to €19,437
- Other operating charges +€1,249
up €1,249 (+33.8%), from €3,699 to €4,948
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 | €690,848 | €629,941 | -€60,907 | -8.8% |
| Fixed assets | 21/28 | €546,696 | €510,871 | -€35,825 | -6.6% |
| Tangible fixed assets | 22/27 | €544,071 | €508,246 | -€35,825 | -6.6% |
| Land and buildings | 22 | €522,880 | €494,786 | -€28,094 | -5.4% |
| Plant, machinery and equipment | 23 | €4,358 | €3,124 | -€1,234 | -28.3% |
| Furniture and vehicles | 24 | €16,833 | €10,336 | -€6,497 | -38.6% |
| Financial fixed assets | 28 | €2,625 | €2,625 | = | 0.0% |
| Current assets | 29/58 | €144,152 | €119,070 | -€25,082 | -17.4% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €69,020 | €89,492 | +€20,472 | +29.7% |
| Trade receivables | 40 | €23,312 | €14,052 | -€9,260 | -39.7% |
| Other amounts receivable | 41 | €45,708 | €75,439 | +€29,731 | +65.0% |
| Current investments | 50/53 | €2,045 | €2,045 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,958 | €15,112 | -€46,846 | -75.6% |
| Deferred charges and accrued income | 490/1 | €1,129 | €2,421 | +€1,292 | +114.5% |
| Total equity and liabilities | 10/49 | €690,848 | €629,941 | -€60,907 | -8.8% |
| Equity | 10/15 | €274,731 | €253,436 | -€21,295 | -7.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €153,175 | €153,175 | = | 0.0% |
| Reserves | 13 | €65,181 | €65,181 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €57,681 | €57,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,375 | €15,081 | -€21,295 | -58.5% |
| Amounts payable | 17/49 | €416,117 | €376,504 | -€39,612 | -9.5% |
| Amounts payable after more than one year | 17 | €320,649 | €267,343 | -€53,307 | -16.6% |
| Financial debts | 170/4 | €320,649 | €267,343 | -€53,307 | -16.6% |
| Amounts payable within one year | 42/48 | €95,467 | €109,161 | +€13,694 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €36,213 | €50,829 | +€14,616 | +40.4% |
| Trade debts | 44 | €45,434 | €53,899 | +€8,465 | +18.6% |
| Suppliers | 440/4 | €45,434 | €53,899 | +€8,465 | +18.6% |
| Taxes, remuneration and social security | 45 | €8,866 | €4,433 | -€4,433 | -50.0% |
| Taxes | 450/3 | €8,866 | €4,433 | -€4,433 | -50.0% |
| Other amounts payable | 47/48 | €4,954 | €0 | -€4,954 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,058 | €38,110 | +€52 | +0.1% |
| Other operating charges | 640/8 | €3,699 | €4,948 | +€1,249 | +33.8% |
| Gross operating margin | 9900 | €73,502 | €40,460 | -€33,043 | -45.0% |
| Operating profit (loss) | 9901 | €31,745 | -€2,598 | -€34,343 | |
| Financial income | 75/76B | €39 | €741 | +€701 | +1794.8% |
| Recurring financial income | 75 | €39 | €741 | +€701 | +1794.8% |
| Financial charges | 65/66B | €23,129 | €19,437 | -€3,692 | -16.0% |
| Recurring financial charges | 65 | €23,129 | €19,437 | -€3,692 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €8,655 | -€21,295 | -€29,950 | |
| Income taxes | 67/77 | €4,433 | €0 | -€4,433 | -100.0% |
| Profit (loss) for the period | 9904 | €4,222 | -€21,295 | -€25,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,222 | -€21,295 | -€25,517 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.