eHS-projects
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €53,000 and €280,000.
Balance sheet
balance sheet total €102,610 on 31-12-2025in euro
in euro
Position in the sector
86.5%
Higher than 89% of 258 companies in 2025.
7.12
Higher than 88% of 251 companies in 2025.
7.9%
Higher than 59% of 256 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
102,610 | 96,957 | 91,757 | 39,234 | |
21/28 |
11,116 | 1,510 | 2,952 | 4,935 | |
22/27 |
11,116 | 1,510 | 2,952 | 4,935 | |
23 |
11,116 | 1,510 | 1,290 | 1,940 | |
24 |
- | 0 | 1,662 | 2,996 | |
29/58 |
91,494 | 95,447 | 88,805 | 34,299 | |
3 |
- | - | 0 | 525 | |
30/36 |
- | - | 0 | 525 | |
40/41 |
69,797 | 42,644 | 11,943 | 18,947 | |
40 |
64,977 | 42,587 | 11,828 | 17,289 | |
41 |
4,821 | 58 | 115 | 1,658 | |
54/58 |
21,544 | 50,613 | 73,462 | 13,992 | |
490/1 |
153 | 2,191 | 3,400 | 835 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
102,610 | 96,957 | 91,757 | 39,234 | |
10/15 |
88,712 | 81,428 | 52,793 | 11,779 | |
10/11 |
3,500 | 3,500 | 3,500 | 3,500 | |
13 |
85,212 | 77,928 | 49,293 | 8,279 | |
133 |
85,212 | 77,928 | 49,293 | 8,279 | |
14 |
0 | 0 | - | - | |
17/49 |
13,898 | 15,529 | 38,964 | 27,455 | |
42/48 |
12,844 | 14,445 | 38,964 | 27,455 | |
44 |
6,240 | 3,820 | 1,225 | 3,430 | |
440/4 |
6,240 | 3,820 | 1,225 | 3,430 | |
45 |
2,926 | 7,518 | 12,980 | 3,609 | |
450/3 |
2,926 | 6,418 | 12,980 | 3,609 | |
454/9 |
0 | 1,100 | - | - | |
47/48 |
3,679 | 3,108 | 24,759 | 20,415 | |
492/3 |
1,054 | 1,084 | - | - | |
| Income statement | |||||
76A |
0 | 5,445 | - | - | |
9900 |
15,114 | 41,969 | 52,355 | 15,456 | |
630 |
1,987 | 1,098 | 2,483 | 1,655 | |
640/8 |
967 | 421 | 256 | 393 | |
9901 |
12,160 | 40,451 | 49,616 | 13,408 | |
75/76B |
57 | 72 | 48 | 108 | |
75 |
57 | 72 | 48 | 108 | |
65/66B |
2,282 | 3,680 | 1,495 | 27 | |
65 |
2,282 | 3,680 | 1,495 | 27 | |
9903 |
9,935 | 36,843 | 48,169 | 13,488 | |
67/77 |
1,818 | 7,376 | 7,155 | 5,209 | |
9904 |
8,118 | 29,467 | 41,014 | 8,279 | |
9905 |
8,118 | 29,467 | 41,014 | 8,279 | |
| Appropriation of the result | |||||
9906 |
8,118 | 29,467 | 41,014 | 8,279 | |
691/2 |
7,285 | 28,634 | 41,014 | 8,279 | |
6921 |
7,285 | 28,634 | 41,014 | 8,279 | |
694/7 |
833 | 833 | - | - | |
694 |
833 | 833 | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2025, 4 entries, €2,548 awarded, €2,548 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €568 | €568 |
| 2024 | 1 | €1,100 | €1,100 |
| 2023 | 1 | €113 | €113 |
| 2022 | 1 | €767 | €767 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 14,147 | 41,549 | 52,099 | 15,062 | ||
| 10,105 | 30,565 | 43,497 | 9,934 | ||
| 11,593 | 1,318 | 500 | 6,590 | ||
| -29,069 | -22,849 | 59,470 | - | ||
| 78,651 | 81,002 | 49,841 | 6,844 | ||
| 86.5% | 84.0% | 57.5% | 30.0% | ||
| 7.12 | 6.61 | 2.28 | 1.25 | ||
| 7.12 | 6.61 | 2.28 | 1.23 | ||
| 0.16 | 0.19 | 0.74 | 2.33 | ||
| 9.2% | 36.2% | 77.7% | 70.3% | ||
| 7.9% | 30.4% | 44.7% | 21.1% | ||
| 6.20 | 11.29 | 34.86 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €11,593 | €1,318 | €500 | €6,590 |
| €1,987 | €1,098 | €2,483 | €1,655 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on eHS-projects
The operating result for 2025 is 70% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 16.0% to 13.5%. Equity is higher and debt is lower.