ACE WORLDWIDE: 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 WORLDWIDE
Largest movements
- Tangible fixed assets -€5,850
down €5,850 (-10.9%), from €53,628 to €47,779
of which Land and buildings: -€4,577
- Receivables within one year -€1,863
no longer reported in 2024 (was €1,863)
of which Trade receivables: -€1,500
- Profit (loss) carried forward -€7,387
down €7,387 (-8.0%), from -€92,749 to -€100,137
- Gross operating margin +€4,991
up €4,991, from -€3,987 to €1,004
- Other operating charges +€2,239
up €2,239 (+549.3%), from €408 to €2,647
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,949 | €55,562 | -€7,387 | -11.7% |
| Fixed assets | 21/28 | €53,628 | €47,779 | -€5,850 | -10.9% |
| Tangible fixed assets | 22/27 | €53,628 | €47,779 | -€5,850 | -10.9% |
| Land and buildings | 22 | €49,428 | €44,851 | -€4,577 | -9.3% |
| Furniture and vehicles | 24 | €601 | €228 | -€373 | -62.1% |
| Other tangible fixed assets | 26 | €3,599 | €2,699 | -€900 | -25.0% |
| Current assets | 29/58 | €9,321 | €7,783 | -€1,538 | -16.5% |
| Amounts receivable within one year | 40/41 | €1,863 | - | -€1,863 | |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Other amounts receivable | 41 | €363 | - | -€363 | |
| Cash at bank and in hand | 54/58 | €7,458 | €7,783 | +€325 | +4.4% |
| Total equity and liabilities | 10/49 | €62,949 | €55,562 | -€7,387 | -11.7% |
| Equity | 10/15 | €7,251 | -€137 | -€7,387 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Contributions outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Share premium | 1100/10 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,749 | -€100,137 | -€7,387 | -8.0% |
| Amounts payable | 17/49 | €55,699 | €55,699 | = | 0.0% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,699 | €5,699 | = | 0.0% |
| Other amounts payable | 47/48 | €5,699 | €5,699 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,850 | €5,850 | = | 0.0% |
| Other operating charges | 640/8 | €408 | €2,647 | +€2,239 | +549.3% |
| Gross operating margin | 9900 | -€3,987 | €1,004 | +€4,991 | |
| Operating profit (loss) | 9901 | -€10,244 | -€7,492 | +€2,752 | +26.9% |
| Financial income | 75/76B | €132 | €123 | -€9 | -6.7% |
| Recurring financial income | 75 | €33 | €123 | +€90 | +277.5% |
| Non-recurring financial income | 76B | €99 | - | -€99 | |
| Profit (loss) for the period before taxes | 9903 | -€10,112 | -€7,369 | +€2,743 | +27.1% |
| Income taxes | 67/77 | - | €18 | +€18 | |
| Profit (loss) for the period | 9904 | -€10,112 | -€7,387 | +€2,725 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,112 | -€7,387 | +€2,725 | +26.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.