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E&E CONSTRUCTORS

Active
Public limited companyfounded 198442 yrs activeGeraardsbergsestraat 13, 9300 Aalst, BelgiumKBO/BCE: BE 0425.762.593
Summary

E&E CONSTRUCTORS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354,264 and a net result of -€23,362. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€354,264▼ 6.2%
2024 · €377,626
Total assets
€391,166▼ 7.2%
2024 · €421,335
Net result
-€23,362
2024 · €53,423
Working capital
€354,264▼ 6.2%
2024 · €377,626
Trend over the years

2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years

The operating result falls in 2025; 2025 is 70% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€10,680 2025 Net result-€23,362 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€37,888-€47,994▲ 26.7%€11,256▼ 76.5%-€2,215€28,143€35,247▲ 25.2%€10,680▼ 69.7%
Net result€25,695-€30,359▲ 18.1%-€5,235-€6,809▼ 30.1%€1,422€53,423▲ 3,656%-€23,362
Equity€304,466-€334,825▲ 10.0%€329,590▼ 1.6%€322,781▼ 2.1%€324,203▲ 0.4%€377,626▲ 16.5%€354,264▼ 6.2%
Total assets€805,645-€518,023▼ 35.7%€614,153▲ 18.6%€608,241▼ 1.0%€379,559▼ 37.6%€421,335▲ 11.0%€391,166▼ 7.2%
Debt€501,179-€183,198▼ 63.4%€284,563▲ 55.3%€285,460▲ 0.3%€55,355▼ 80.6%€43,709▼ 21.0%€36,901▼ 15.6%
Working capital€304,466-€334,825▲ 10.0%€329,590▼ 1.6%€322,781▼ 2.1%€324,203▲ 0.4%€377,626▲ 16.5%€354,264▼ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €391,166
Equity €354,264 ▼ 6.2%
Debt €36,901 ▼ 15.6%
Debt's share of the balance-sheet total falls from 10.4% to 9.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
10.60▲
2024 · 9.64
Debt to equity
0.10▼
2024 · 0.12
ROE
-6.6%▼
2024 · 14.1%
ROA
-6.0%▼
2024 · 12.7%
Debt ≤ 1 year
€36,901▼
2024 · €43,709
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€421,335€391,166▼
Current assets29/58€421,335€391,166▼
Amounts receivable after more than one year29€292,000€292,000=
Other amounts receivable291€292,000€292,000=
Stocks and contracts in progress3€102,332-
Stocks30/36€102,332-
Amounts receivable within one year40/41€14,825€39,650▲
Other amounts receivable41€14,825€39,650▲
Cash at bank and in hand54/58€12,178€59,516▲
Equity and liabilities
Total equity and liabilities10/49€421,335€391,166▼
Equity10/15€377,626€354,264▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€59,976€59,976=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€53,776€53,776=
Profit (loss) carried forward14€255,650€232,289▼
Amounts payable17/49€43,709€36,901▼
Amounts payable within one year42/48€43,709€36,901▼
Trade debts44-€144
Suppliers440/4-€144
Taxes, remuneration and social security45€15,581-
Taxes450/3€15,581-
Other amounts payable47/48€28,128€36,757▲
Income statement Code20242025
Other operating charges640/8-€285
Gross operating margin9900€35,247€10,965▼
Operating profit (loss)9901€35,247€10,680▼
Financial income75/76B€33,892-
Recurring financial income75€33,892-
Financial charges65/66B€135€34,042▲
Recurring financial charges65€135€34,042▲
Profit (loss) for the period before taxes9903€69,003-€23,362▼
Income taxes67/77€15,581-
Profit (loss) for the period9904€53,423-€23,362▼
Profit (loss) for the period to be appropriated9905€53,423-€23,362▼
Appropriation of the result
Profit (loss) to be appropriated9906€255,650€232,289▼
Profit (loss) brought forward from the previous period14P€202,227€255,650▲
Line2019202020212022202320242025Change
Other operating charges640/8---€189€199-€285-
Gross operating margin9900€38,212€47,994€11,562-€2,027€28,341€35,247€10,965▼ 68.9%
Operating profit (loss)9901€37,888€47,994€11,256-€2,215€28,143€35,247€10,680▼ 69.7%
Financial income75/76B-----€33,892--
Recurring financial income75-----€33,892--
Financial charges65/66B---€4,593€26,720€135€34,042▲ 25,116%
Recurring financial charges65€335€3,625€16,491€4,593€26,720€135€34,042▲ 25,116%
Profit (loss) for the period before taxes9903€37,554€44,369-€5,235-€6,809€1,422€69,003-€23,362▼ 134%
Income taxes67/77€11,858€14,010---€15,581--
Profit (loss) for the period9904€25,695€30,359-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Profit (loss) for the period to be appropriated9905€25,695€30,359-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Line2019202020212022202320242025Change
Assets
Total assets20/58€805,645€518,023€614,153€608,241€379,559€421,335€391,166▼ 7.2%
Current assets29/58€805,645€518,023€614,153€608,241€379,559€421,335€391,166▼ 7.2%
Amounts receivable after more than one year29-----€292,000€292,000=
Other amounts receivable291-----€292,000€292,000=
Stocks and contracts in progress3€610,691€444,437€332,698€332,698€179,524€102,332--
Stocks30/36---€332,698€179,524€102,332--
Amounts receivable within one year40/41--€250,000€250,000-€14,825€39,650▲ 167%
Other amounts receivable41---€250,000-€14,825€39,650▲ 167%
Cash at bank and in hand54/58€194,954€73,586€31,455€25,543€200,035€12,178€59,516▲ 389%
Equity and liabilities
Total equity and liabilities10/49€805,645€518,023€614,153€608,241€379,559€421,335€391,166▼ 7.2%
Equity10/15€304,466€334,825€329,590€322,781€324,203€377,626€354,264▼ 6.2%
Contributions10/11€62,000-€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000=
Reserves13€59,976€59,976€59,976€59,976€59,976€59,976€59,976=
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200€6,200€6,200€6,200=
Distributable reserves133---€53,776€53,776€53,776€53,776=
Profit (loss) carried forward14€182,490€212,849€207,614€200,805€202,227€255,650€232,289▼ 9.1%
Amounts payable17/49€501,179€183,198€284,563€285,460€55,355€43,709€36,901▼ 15.6%
Amounts payable within one year42/48€501,179€183,198€284,563€285,460€55,355€43,709€36,901▼ 15.6%
Current portion of amounts payable after more than one year42---€250,000----
Trade debts44€133-€120€122€17,052-€144-
Suppliers440/4---€122€17,052-€144-
Taxes, remuneration and social security45-----€15,581--
Taxes450/3-----€15,581--
Other amounts payable47/48---€35,338€38,304€28,128€36,757▲ 30.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€25,695€30,359-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Operating cash flow (approximation)€25,695€30,359-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Change in cash--€121,368-€42,131-€5,912€174,492-€187,856€47,338▲ 125%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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