H & E Technics
Annual accounts 2024
micro format, filed on 27-08-2025, 27 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €57,902 on 31-12-2024in euro
in euro
Position in the sector
-21.2%
Higher than 7% of 1,619 companies in 2024.
2.62
Higher than 66% of 1,592 companies in 2024.
-125.7%
Lower than 95% of 1,595 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
57,902 | 159,894 | 33,977 | 36,300 | |
21/28 |
25,895 | 33,716 | 2,121 | 2,669 | |
22/27 |
25,895 | 33,716 | 2,121 | 2,669 | |
23 |
2,296 | 3,166 | 2,121 | 2,669 | |
24 |
23,599 | 30,551 | - | - | |
29/58 |
32,007 | 126,177 | 31,856 | 33,631 | |
3 |
10,315 | 8,300 | - | - | |
30/36 |
10,315 | 8,300 | - | - | |
40/41 |
14,042 | 73,537 | 7,619 | 11,382 | |
40 |
10,051 | 64,858 | 5,280 | 11,140 | |
41 |
3,991 | 8,679 | 2,338 | 242 | |
54/58 |
7,650 | 43,564 | 23,828 | 21,839 | |
490/1 |
- | 776 | 409 | 410 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
57,902 | 159,894 | 33,977 | 36,300 | |
10/15 |
-12,265 | 60,504 | 8,450 | 6,760 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
- | 55,504 | 3,450 | 1,760 | |
133 |
- | 55,504 | 3,450 | 1,760 | |
14 |
-17,265 | - | - | - | |
17/49 |
70,167 | 99,389 | 25,527 | 29,540 | |
17 |
57,960 | 24,725 | - | - | |
170/4 |
57,960 | 24,725 | - | - | |
42/48 |
12,207 | 74,664 | 25,527 | 29,540 | |
42 |
6,815 | 6,571 | - | - | |
44 |
5,382 | 40,125 | 8,963 | 13,692 | |
440/4 |
5,382 | 40,125 | 8,963 | 13,692 | |
45 |
10 | 12,868 | 1,464 | 497 | |
450/3 |
10 | 12,868 | 1,464 | 497 | |
47/48 |
- | 15,100 | 15,100 | 15,352 | |
| Income statement | |||||
9900 |
-53,381 | 71,526 | 4,935 | 3,283 | |
62 |
3,987 | - | - | - | |
630 |
7,822 | 4,774 | 548 | 71 | |
640/8 |
509 | 1,303 | 1,674 | 887 | |
9901 |
-65,699 | 65,450 | 2,713 | 2,326 | |
75/76B |
100 | 693 | 0 | 0 | |
75 |
100 | 693 | 0 | 0 | |
65/66B |
2,170 | 1,229 | 56 | 69 | |
65 |
2,170 | 1,229 | 56 | 69 | |
9903 |
-67,770 | 64,913 | 2,657 | 2,257 | |
67/77 |
5,000 | 12,859 | 967 | 497 | |
9904 |
-72,770 | 52,054 | 1,690 | 1,760 | |
9905 |
-72,770 | 52,054 | 1,690 | 1,760 | |
| Appropriation of the result | |||||
9906 |
-72,770 | 52,054 | 1,690 | 1,760 | |
791/2 |
55,504 | - | - | - | |
691/2 |
- | 52,054 | 1,690 | 1,760 | |
6921 |
- | 52,054 | 1,690 | 1,760 | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 27-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 27 days after the deadline. Filed on 27 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00416359.
Subsidies and aid
Flemish government 2023 to 2025, 3 entries, €1,275 awarded, €1,275 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €930 |
| 2024 | 1 | €930 | €0 |
| 2023 | 1 | €345 | €345 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| -57,877 | 70,224 | 3,261 | 2,396 | ||
| -64,948 | 56,829 | 2,238 | 1,831 | ||
| 0 | 46,503 | 0 | 2,740 | ||
| -35,915 | 19,737 | 1,989 | - | ||
| 19,800 | 51,513 | 6,329 | 4,091 | ||
| -21.2% | 37.8% | 24.9% | 18.6% | ||
| 2.62 | 1.69 | 1.25 | 1.14 | ||
| 1.78 | 1.58 | 1.25 | 1.14 | ||
| - | 1.64 | 3.02 | 4.37 | ||
| - | 86.0% | 20.0% | 26.0% | ||
| -125.7% | 32.6% | 5.0% | 4.8% | ||
| -26.67 | 57.12 | 58.28 | 34.79 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €46,503 | - | €2,740 |
| €7,822 | €4,774 | €548 | €71 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on H & E Technics
The operating result for 2024 is a loss of €65,699, after a profit of €65,450 in 2023. It is the lowest result since 2021.
Equity is negative. Debt (€70,167) exceeds the balance-sheet total (€57,902).