Eigen Hulp
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 36 filings
Turnover
≈ €1.5m
Estimated: probably between €880,000 and €2.5m
EBIT margin
Not included in this filing
Net result
€1,966▼ 50.8%
2024 · €4,000
Working capital
€93,350
2024 · -€20,092
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€2,653
▼ 46.2%
2025
20182025
Net result
€1,966
▼ 50.8%
2025
20182025
Equity
€291,531
▲ 0.7%
2025
20182025
Total assets
€12.1m
▼ 10.9%
2025
20182025
Debt
€11.8m
▼ 11.1%
2025
20182025
Working capital
€93,350
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.003m-€0.003m=€0.003m=€0.002m▼ 33.3%€0.001m▼ 50.0%€0.003m▲ 200%€0.005m▲ 64.4%€0.003m▼ 46.2%
Net result€0.003m-€0.003m=€0.003m=€0.002m▼ 33.3%€0.001m▼ 50.0%€0.003m▲ 200%€0.004m▲ 33.3%€0.002m▼ 50.8%
Equity€0.3m-€0.3m▲ 1.1%€0.3m▲ 1.1%€0.3m▲ 0.7%€0.3m▲ 0.4%€0.3m▲ 1.1%€0.3m▲ 1.4%€0.3m▲ 0.7%
Total assets€6.6m-€6.6m▼ 0.1%€6.5m▼ 1.4%€6.5m▼ 1.0%€6.6m▲ 1.2%€8.8m▲ 33.8%€13.6m▲ 54.7%€12.1m▼ 10.9%
Debt€6.4m-€6.4m▼ 0.1%€6.3m▼ 1.5%€6.2m▼ 1.1%€6.3m▲ 1.3%€8.5m▲ 35.3%€13.3m▲ 56.5%€11.8m▼ 11.1%
Working capital-€0.3m--€0.4m▼ 26.1%-€0.3m▲ 29.3%-€0.3m▲ 9.8%-€0.2m▲ 33.8%-€1.3m▼ 629%-€0.02m▲ 98.5%€0.09m
The operating result for 2025 is 46% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.1m
Fixed assets
€11.6m ▼ 2.2%
Current assets
€466,881 ▼ 72.3%
Equity and liabilities €12.1m
Equity
€291,531 ▲ 0.7%
Debt
€11.8m ▼ 11.1%
Debt's share of the balance-sheet total falls from 97.9% to 97.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€490,877▲
2024 · €423,533
Cash flow
€490,190▲
2024 · €422,600
Current ratio
1.25▲
2024 · 0.99
Debt to equity
40.54▼
2024 · 45.94
ROE
0.7%▼
2024 · 1.4%
ROA
0.0%▼
2024 · 0.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€373,531▼
2024 · €1.7m
Debt > 1 year
€11.4m▼
2024 · €11.6m
Income taxes
€676▼
2024 · €933
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €192,442 | €48,331 | €2.4m | €4.2m | €225,414 |
| Depreciation and write-downs of the year | €224,089 | €181,921 | €332,410 | €418,600 | €488,224 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €474 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €414,915 | €242,155 | €240,245 | €224,089 | €181,921 | €332,410 | €418,600 | €488,224 | ▲ 16.6% |
| Other operating charges640/8 | - | - | - | €108,272 | €113,636 | €125,565 | €130,676 | €129,554 | ▼ 0.9% |
| Gross operating margin9900 | €518,373 | €346,464 | €351,457 | €334,361 | €296,557 | €461,449 | €554,209 | €620,431 | ▲ 11.9% |
| Operating profit (loss)9901 | €3,000 | €3,000 | €3,000 | €2,000 | €1,000 | €3,000 | €4,933 | €2,653 | ▼ 46.2% |
| Financial income75/76B | - | - | - | - | - | - | €0 | €0 | ▲ 900% |
| Recurring financial income75 | - | - | - | - | - | - | €0 | €0 | ▲ 900% |
| Financial charges65/66B | - | - | - | - | - | - | €0 | €11 | ▲ 57× |
| Recurring financial charges65 | - | - | - | - | - | - | €0 | €11 | ▲ 57× |
| Profit (loss) for the period before taxes9903 | €3,000 | €3,000 | €3,000 | €2,000 | €1,000 | €3,000 | €4,933 | €2,642 | ▼ 46.4% |
| Income taxes67/77 | - | - | - | - | - | - | €933 | €676 | ▼ 27.6% |
| Profit (loss) for the period9904 | €3,000 | €3,000 | €3,000 | €2,000 | €1,000 | €3,000 | €4,000 | €1,966 | ▼ 50.8% |
| Profit (loss) for the period to be appropriated9905 | €3,000 | €3,000 | €3,000 | €2,000 | €1,000 | €3,000 | €4,000 | €1,966 | ▼ 50.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.6m | €6.6m | €6.5m | €6.5m | €6.6m | €8.8m | €13.6m | €12.1m | ▼ 10.9% |
| Fixed assets21/28 | €6.4m | €6.4m | €6.3m | €6.3m | €6.1m | €8.2m | €11.9m | €11.6m | ▼ 2.2% |
| Tangible fixed assets22/27 | €6.4m | €6.4m | €6.3m | €6.3m | €6.1m | €8.2m | €11.9m | €11.6m | ▼ 2.2% |
| Land and buildings22 | - | - | - | €5.9m | €5.8m | €6.5m | €11.8m | €11.5m | ▼ 2.1% |
| Plant, machinery and equipment23 | - | - | - | €0.4m | €0.3m | €1.7m | - | - | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €0.1m | €0.1m | ▼ 11.1% |
| Current assets29/58 | €0.2m | €0.3m | €0.3m | €0.2m | €0.4m | €0.6m | €1.7m | €0.5m | ▼ 72.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.5m | €1.6m | €0.4m | ▼ 74.2% |
| Trade receivables40 | - | - | - | €0.04m | - | €0.5m | €1.4m | €0.02m | ▼ 98.3% |
| Other amounts receivable41 | - | - | - | €0.07m | €0.2m | - | €0.2m | €0.4m | ▲ 81.2% |
| Cash at bank and in hand54/58 | €0.06m | €0.08m | €0.1m | €0.09m | €0.2m | €0.1m | €0.07m | €0.03m | ▼ 52.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 1.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.6m | €6.6m | €6.5m | €6.5m | €6.6m | €8.8m | €13.6m | €12.1m | ▼ 10.9% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.7% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | - | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | - | €0.3m | €0.3m | = |
| Reserves13 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Distributable reserves133 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.002m | €0.002m | €0.005m | €0.007m | €0.008m | €0.01m | €0.01m | €0.02m | ▲ 13.6% |
| Amounts payable17/49 | €6.4m | €6.4m | €6.3m | €6.2m | €6.3m | €8.5m | €13.3m | €11.8m | ▼ 11.1% |
| Amounts payable after more than one year17 | €5.8m | €5.7m | €5.7m | €5.7m | €5.7m | €6.6m | €11.6m | €11.4m | ▼ 1.3% |
| Financial debts170/4 | - | - | - | - | - | - | €11.6m | €11.4m | ▼ 1.3% |
| Other amounts payable178/9 | - | - | - | €5.7m | €5.7m | €6.6m | - | - | - |
| Amounts payable within one year42/48 | €0.6m | €0.7m | €0.6m | €0.5m | €0.6m | €1.9m | €1.7m | €0.4m | ▼ 78.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | - | - | - |
| Financial debts43 | - | - | - | - | - | €0.1m | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.1m | - | - | - |
| Trade debts44 | €0.03m | €0.07m | €0.05m | €0.02m | €0.2m | €0.02m | €0.3m | €0.4m | ▲ 9.0% |
| Suppliers440/4 | - | - | - | €0.02m | €0.2m | €0.02m | €0.3m | €0.4m | ▲ 9.0% |
| Advances received on contracts in progress46 | - | - | - | €0.4m | €0.3m | €1.7m | €1.4m | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €291 | €0.001m | ▲ 132% |
| Taxes450/3 | - | - | - | - | - | - | €291 | €0.001m | ▲ 132% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.003m | €0.003m | €0.003m | €0.002m | €0.001m | €0.003m | €0.004m | €0.002m | ▼ 50.8% |
| + Depreciation and write-downs630 | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 16.6% |
| Operating cash flow (approximation) | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 16.0% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.2m | -€0.2m | -€0.05m | -€2.4m | -€4.2m | -€0.2m | ▲ 94.6% |
| Change in cash | - | €0.02m | €0.03m | -€0.01m | €0.1m | -€0.09m | -€0.05m | -€0.04m | ▲ 27.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 208 companies had the same profile as Eigen Hulp has now. Two years later, 99.0% were still going and 0.5% had gone bankrupt.
- Medium-sized
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
99.0%
was still going
0.0%
stopped otherwise
0.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Eigen Hulp itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 208 companies, not a prediction for Eigen Hulp. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 29-06-2026 | 2026-00242476 | |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00444977 | |
| 31-12-2023 | abbreviated format | 18-06-2024 | 2024-00161863 | |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00248532 | |
| 31-12-2021 | abbreviated format | 27-07-2022 | 2022-20227836 | |
| 31-12-2020 | abbreviated format | 19-05-2021 | 2021-14600139 | |
| 31-12-2019 | abbreviated format | 03-06-2020 | 2020-14500184 | |
| 31-12-2018 | abbreviated format | 06-05-2019 | 2019-12400305 | |
| 31-12-2017 | abbreviated format | 28-05-2018 | 2018-14300165 | |
| 31-12-2016 | abbreviated format | 11-05-2017 | 2017-11800519 |