ACEng: 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.
ACEng
Largest movements
- Receivables within one year -€34,403
down €34,403 (-56.0%), from €61,435 to €27,032
of which Trade receivables: -€35,539
- Cash +€33,623
up €33,623 (+64.9%), from €51,798 to €85,421
mainly Receivables within one year (+€34,403) and Net result for the year (+€18,768)
- Tangible fixed assets -€5,174
down €5,174 (-44.3%), from €11,682 to €6,508
of which Furniture and vehicles: -€4,146
- Reserves +€18,768
up €18,768 (+27.4%), from €68,574 to €87,342
- Trade debts -€17,984
down €17,984 (-40.3%), from €44,591 to €26,607
- Tax, wage and social debts -€5,710
down €5,710 (-58.6%), from €9,750 to €4,040
- Turnover -€18,401
down €18,401 (-7.5%), from €245,618 to €227,217
- Purchases and services -€18,031
down €18,031 (-8.7%), from €208,376 to €190,345
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 | €124,915 | €119,989 | -€4,926 | -3.9% |
| Fixed assets | 21/28 | €11,682 | €6,508 | -€5,174 | -44.3% |
| Tangible fixed assets | 22/27 | €11,682 | €6,508 | -€5,174 | -44.3% |
| Furniture and vehicles | 24 | €4,475 | €329 | -€4,146 | -92.6% |
| Other tangible fixed assets | 26 | €7,207 | €6,179 | -€1,028 | -14.3% |
| Current assets | 29/58 | €113,233 | €113,481 | +€248 | +0.2% |
| Amounts receivable within one year | 40/41 | €61,435 | €27,032 | -€34,403 | -56.0% |
| Trade receivables | 40 | €47,101 | €11,562 | -€35,539 | -75.5% |
| Other amounts receivable | 41 | €14,334 | €15,470 | +€1,136 | +7.9% |
| Cash at bank and in hand | 54/58 | €51,798 | €85,421 | +€33,623 | +64.9% |
| Deferred charges and accrued income | 490/1 | - | €1,028 | +€1,028 | |
| Total equity and liabilities | 10/49 | €124,915 | €119,989 | -€4,926 | -3.9% |
| Equity | 10/15 | €70,574 | €89,342 | +€18,768 | +26.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,574 | €87,342 | +€18,768 | +27.4% |
| Distributable reserves | 133 | €68,574 | €87,342 | +€18,768 | +27.4% |
| Amounts payable | 17/49 | €54,341 | €30,647 | -€23,694 | -43.6% |
| Amounts payable within one year | 42/48 | €54,341 | €30,647 | -€23,694 | -43.6% |
| Trade debts | 44 | €44,591 | €26,607 | -€17,984 | -40.3% |
| Suppliers | 440/4 | €44,591 | €26,607 | -€17,984 | -40.3% |
| Taxes, remuneration and social security | 45 | €9,750 | €4,040 | -€5,710 | -58.6% |
| Taxes | 450/3 | €9,750 | €4,040 | -€5,710 | -58.6% |
| Turnover | 70 | €245,618 | €227,217 | -€18,401 | -7.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €208,376 | €190,345 | -€18,031 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,516 | €5,174 | -€342 | -6.2% |
| Other operating charges | 640/8 | €2,013 | €1,685 | -€328 | -16.3% |
| Gross operating margin | 9900 | €37,242 | €36,872 | -€370 | -1.0% |
| Operating profit (loss) | 9901 | €29,713 | €30,013 | +€300 | +1.0% |
| Financial income | 75/76B | €70 | €115 | +€45 | +64.3% |
| Recurring financial income | 75 | €70 | €115 | +€45 | +64.3% |
| Financial charges | 65/66B | €2,375 | €781 | -€1,594 | -67.1% |
| Recurring financial charges | 65 | €2,375 | €781 | -€1,594 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €27,408 | €29,347 | +€1,939 | +7.1% |
| Income taxes | 67/77 | €9,767 | €10,579 | +€812 | +8.3% |
| Profit (loss) for the period | 9904 | €17,641 | €18,768 | +€1,127 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,641 | €18,768 | +€1,127 | +6.4% |
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 11 October 2026 via checked.be.