Thats weird, when I did my buddies 2.2L 12.5:1 build it was night and day faster than the 2.0L ve that went in later. This was with stock intake manifold, franklin stage 3's and basic other boltons and a realtime ecu. I mean night and day by the 2.0L ve in it now blows first away and some of 2nd. The 2.2 blew first second and some of 3rd away and pulled like a freight train. I think you may have other issues like strat said, Maybe a valve sealing problem.
I was reading some posts on honda-tech from the last weekend where a guys all motor street built f20 was down about 40whp because of valve sealing issues. Might want to do a leakdown test on the motor. There is no way you should only be at that power level with your mods. Id say 235-240 at a minumum as its been done by a couple others.