ACTIVE

ACE

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Financial year 2025 · closed on 31/12/2025

Net result

97,4 k €

+895.6% YoY

Gross margin

404,6 k €

+22.6% YoY

Equity

411,9 k €

+31.0% YoY

Workforce

3,1 ETP

-3.1% YoY

What does ACE do?

ACE is a Private company with limited liability incorporated in 2002. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Uccle. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.347.490

Incorporation

16/04/2002

Legal form

Private company with limited liability

Registered office

Avenue Kersbeek 308
1180 Uccle · BruxellesSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46510Wholesale of computers, computer peripheral equipment and software 51840Air transport 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Joint committees (2)

14904
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	404,6 k €	+22.6%	330 k €	+12.6%	293,1 k €	-16.8%	352,4 k €	+97.8%	178,2 k €	-60.0%	445,3 k €	-14.2%	519 k €	+129%	227 k €	-68.0%	708,7 k €	+21.7%	582,2 k €	+29.2%	450,7 k €	+14.3%	394,5 k €	+39.4%	283,1 k €	-13.9%	328,9 k €	+50.2%	219 k €	+0.2%	218,6 k €	-24.5%	289,5 k €	-18.6%	355,4 k €	+23.7%	287,3 k €	+46.1%	196,7 k €
EBITDA	166,3 k €	+244%	48,4 k €	+5.7%	45,8 k €	-57.2%	107 k €	+1086%	-10,8 k €	-107%	149,6 k €	-0.6%	150,6 k €	+159%	-257,2 k €	-263%	158,1 k €	-2.7%	162,5 k €	-6.9%	174,5 k €	-15.1%	205,6 k €	+53.3%	134,1 k €	-25.8%	180,7 k €	+77.5%	101,8 k €	+99.4%	51,1 k €	-54.8%	113,1 k €	-32.2%	166,7 k €	-14.3%	194,6 k €	+37.5%	141,5 k €
Operating result	157 k €	+211%	50,4 k €	+61.0%	31,3 k €	-54.0%	68,1 k €	+202%	-67 k €	-176%	88,1 k €	+9.6%	80,4 k €	+124%	-341,8 k €	-549%	76 k €	-31.0%	110,1 k €	-18.2%	134,6 k €	-23.1%	174,9 k €	+67.1%	104,7 k €	-30.8%	151,4 k €	+111%	71,6 k €	+327%	16,8 k €	-74.8%	66,5 k €	-41.3%	113,4 k €	-32.1%	167,1 k €	+40.8%	118,6 k €
Net result	97,4 k €	+896%	9,8 k €	-9.9%	10,9 k €	-90.8%	117,4 k €	+203%	-113,6 k €	-703%	18,8 k €	-64.8%	53,6 k €	+115%	-361,8 k €	-1124%	35,3 k €	-27.6%	48,8 k €	-37.7%	78,3 k €	-26.4%	106,4 k €	+78.7%	59,5 k €	-33.1%	89 k €	+137%	37,6 k €	+420%	-11,8 k €	-162%	18,8 k €	-74.6%	74,3 k €	-36.1%	116,3 k €	+59.3%	73 k €
Balance sheet
Equity	411,9 k €	+31.0%	314,4 k €	+3.2%	304,6 k €	+3.7%	293,8 k €	+66.6%	176,4 k €	-39.2%	290 k €	+6.9%	271,1 k €	+24.6%	217,6 k €	-62.4%	579,4 k €	+6.5%	544,1 k €	+9.8%	495,3 k €	+18.8%	417 k €	+60.1%	260,5 k €	+1.2%	257,4 k €	+52.8%	168,4 k €	+28.7%	130,8 k €	-8.2%	142,6 k €	-22.4%	183,7 k €	+21.3%	151,4 k €	+96.4%	77,1 k €
Total assets	903,8 k €	+0.7%	897,4 k €	-14.6%	1,1 M €	-11.1%	1,2 M €	-8.0%	1,3 M €	-13.8%	1,5 M €	-28.8%	2,1 M €	+13.0%	1,9 M €	+12.7%	1,6 M €	+14.1%	1,4 M €	+3.2%	1,4 M €	+24.3%	1,1 M €	+10.3%	1 M €	+46.1%	697,5 k €	+10.1%	633,5 k €	+4.8%	604,6 k €	-23.1%	786,6 k €	-28.7%	1,1 M €	+84.6%	597,7 k €	+83.6%	325,5 k €
Cash	75,9 k €	-53.5%	163,1 k €	+208%	52,9 k €	+32.0%	40,1 k €	+4143%	944,9 €	-96.5%	26,6 k €	-81.2%	141,5 k €	+24.9%	113,3 k €	+133%	48,6 k €	-67.6%	150 k €	-5.4%	158,5 k €	-1.1%	160,2 k €	+771%	18,4 k €	-40.6%	30,9 k €	-9.3%	34,1 k €	-56.4%	78,2 k €	+131%	33,8 k €	+16.0%	29,1 k €	-74.8%	115,7 k €	+129%	50,6 k €
Debts	492 k €	-15.0%	578,8 k €	-20.5%	728,3 k €	-16.5%	872,7 k €	-19.0%	1,1 M €	-10.4%	1,2 M €	-32.7%	1,8 M €	+11.9%	1,6 M €	+54.7%	1 M €	+15.3%	894,2 k €	-0.2%	896 k €	+28.3%	698,4 k €	-7.2%	752,2 k €	+74.4%	431,3 k €	-7.0%	463,8 k €	-1.7%	472 k €	-25.9%	637,1 k €	-30.3%	913,7 k €	+107%	442,3 k €	+80.4%	245,1 k €
Other
Workforce	3,1 ETP	-3.1%	3,2 ETP	+6.7%	3,0 ETP	-6.3%	3,2 ETP	-11.1%	3,6 ETP	-20.0%	4,5 ETP	-23.7%	5,9 ETP	-30.6%	8,5 ETP	-3.4%	8,8 ETP	+20.5%	7,3 ETP	+40.4%	5,2 ETP	+48.6%	3,5 ETP	+34.6%	2,6 ETP	-13.3%	3,0 ETP	+30.4%	2,3 ETP	-34.3%	3,5 ETP	-7.9%	3,8 ETP	+22.6%	3,1 ETP	+47.6%	2,1 ETP	+16.7%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Philippe MASSON

Director · since 09 mai 2005

Active

Ended mandates

Mathieu Casal

Director · since 30 septembre 2025

Ended

Masson Philippe

Director · since 19 mai 2005

Ended

Philippe Masson

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/03/2026	14/11/2025	03/10/2024	16/10/2023	30/08/2022	30/08/2021
General meeting	11/03/2026	30/09/2025	26/04/2024	03/05/2023	29/04/2022	30/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/03/2026	17/03/2026	French	PDF
Abridged model	31/12/2024	30/09/2025	14/11/2025	French	PDF
Abridged model	31/12/2023	26/04/2024	03/10/2024	French	PDF
Abridged model	31/12/2022	03/05/2023	16/10/2023	French	PDF
Abridged model	31/12/2021	29/04/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	30/04/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	24/04/2020	05/05/2020	French	PDF
Abridged model	31/12/2018	26/04/2019	21/08/2019	French	PDF
Abridged model	31/12/2017	27/04/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	28/04/2017	05/08/2017	French	PDF
Abridged model	31/12/2015	29/04/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	24/04/2015	14/07/2015	French	PDF
Abridged model	31/12/2013	25/04/2014	16/09/2014	French	PDF
Abridged model	31/12/2012	26/04/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	27/04/2012	11/06/2012	French	PDF
Abridged model	31/12/2010	29/04/2011	12/05/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	28/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	26/09/2008	08/10/2008	French	PDF
Abridged model	31/12/2006	27/07/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Philippe MASSON

Director · since 09 mai 2005

Active

Ended mandates

Mathieu Casal

Director · since 30 septembre 2025

Ended

Masson Philippe

Director · since 19 mai 2005

Ended

Philippe Masson

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

18/08/2026
—
PDF
Registered office14/11/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office27/06/2017
SIEGE SOCIAL
PDF
Mandates23/11/2016
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares15/04/2014
CAPITAL, ACTIONS
PDF
Registered office04/09/2008
MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/01/2007
SIEGE SOCIAL
PDF
Mandates08/06/2005
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202597,4 k €↑
2024
Annual accounts 20249,8 k €↓
2023
Annual accounts 202310,9 k €↓
2022
Annual accounts 2022117,4 k €↑
2021
Annual accounts 2021-113,6 k €↓
2020
Annual accounts 202018,8 k €↓
2019
Annual accounts 201953,6 k €↑
2018
Annual accounts 2018-361,8 k €↓
2017
Annual accounts 201735,3 k €↓
2016
Annual accounts 201648,8 k €↓
2015
Annual accounts 201578,3 k €↓
2014
Annual accounts 2014106,4 k €↑
2013
Annual accounts 201359,5 k €↓
2012
Annual accounts 201289 k €↑
2011
Annual accounts 201137,6 k €↑
2010
Annual accounts 2010-11,8 k €↓
2009
Annual accounts 200918,8 k €↓
2008
Annual accounts 200874,3 k €↓
2007
Annual accounts 2007116,3 k €↑
2006
Annual accounts 200673 k €
16/04/2002
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ACE

Overview

What does ACE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline