E.G.E. VANHAEKENDOVER: what changed
What changed
E.G.E. VANHAEKENDOVER
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€25,134
2024 · €58,005-€32,871
Equity
€201,271
2024 · €202,079-€809
Cash
€167,185
2024 · €133,798+€33,387
Balance sheet total
€235,891
2024 · €213,570+€22,321
Largest movements
Assets
- Cash +€33,387
up €33,387 (+25.0%), from €133,798 to €167,185
mainly Other debts (+€25,693) and Net result for the year (+€25,134)
- Receivables within one year -€8,928
down €8,928 (-78.7%), from €11,342 to €2,415
of which Trade receivables: -€6,523
- Deferred charges and accrued income -€4,856
down €4,856 (-23.0%), from €21,107 to €16,251
- Stocks and contracts +€3,890
up €3,890 (+8.7%), from €44,611 to €48,501
of which Stocks: +€2,390
Equity and liabilities
- Other debts +€25,693
up €25,693 (+457%), from €5,620 to €31,314
Income statement
- Gross operating margin -€44,556
down €44,556 (-55.1%), from €80,824 to €36,268
- Staff costs -€9,461
down €9,461 (-97.0%), from €9,752 to €291
- Taxes -€1,834
down €1,834 (-15.7%), from €11,673 to €9,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€58,005
Gross operating margin
-€44,556
Staff costs
+€9,461
Depreciation
+€83
Other operating charges
-€253
Financial income
-€224
Financial charges
+€784
Taxes
+€1,834
Result 2025
€25,134
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€60,050
Investment
-€720
Financing
-€25,943
Cash 2024
€133,798
From operations (derived)
+€60,050
Net result for the year
+€25,134
Depreciation
+€1,893
Stocks and contracts
-€3,890
Receivables within one year
+€8,928
Deferred charges and accrued income
+€4,856
Trade debts
-€1,783
Tax, wage and social debts
-€781
Other debts
+€25,693
Investment (derived)
-€720
Investment in fixed assets (net)
-€720
Financing
-€25,943
Contributions, distributions and other
-€25,943
Cash 2025
€167,185
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,570 | €235,891 | +€22,321 | +10.5% |
| Fixed assets | 21/28 | €2,712 | €1,539 | -€1,173 | -43.3% |
| Tangible fixed assets | 22/27 | €2,670 | €1,497 | -€1,173 | -43.9% |
| Plant, machinery and equipment | 23 | €2,024 | €698 | -€1,326 | -65.5% |
| Furniture and vehicles | 24 | €646 | €798 | +€153 | +23.6% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €210,858 | €234,352 | +€23,494 | +11.1% |
| Stocks and contracts in progress | 3 | €44,611 | €48,501 | +€3,890 | +8.7% |
| Stocks | 30/36 | €4,611 | €7,001 | +€2,390 | +51.8% |
| Contracts in progress | 37 | €40,000 | €41,500 | +€1,500 | +3.8% |
| Amounts receivable within one year | 40/41 | €11,342 | €2,415 | -€8,928 | -78.7% |
| Trade receivables | 40 | €8,272 | €1,748 | -€6,523 | -78.9% |
| Other amounts receivable | 41 | €3,071 | €666 | -€2,404 | -78.3% |
| Cash at bank and in hand | 54/58 | €133,798 | €167,185 | +€33,387 | +25.0% |
| Deferred charges and accrued income | 490/1 | €21,107 | €16,251 | -€4,856 | -23.0% |
| Total equity and liabilities | 10/49 | €213,570 | €235,891 | +€22,321 | +10.5% |
| Equity | 10/15 | €202,079 | €201,271 | -€809 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €153,097 | €152,288 | -€809 | -0.5% |
| Distributable reserves | 133 | €153,097 | €152,288 | -€809 | -0.5% |
| Profit (loss) carried forward | 14 | €42,782 | €42,782 | = | 0.0% |
| Amounts payable | 17/49 | €11,491 | €34,621 | +€23,130 | +201% |
| Amounts payable within one year | 42/48 | €11,491 | €34,621 | +€23,130 | +201% |
| Trade debts | 44 | €5,062 | €3,279 | -€1,783 | -35.2% |
| Suppliers | 440/4 | €5,062 | €3,279 | -€1,783 | -35.2% |
| Taxes, remuneration and social security | 45 | €809 | €28 | -€781 | -96.6% |
| Taxes | 450/3 | €28 | €28 | = | 0.0% |
| Remuneration and social security | 454/9 | €781 | - | -€781 | |
| Other amounts payable | 47/48 | €5,620 | €31,314 | +€25,693 | +457% |
| Remuneration, social security and pensions | 62 | €9,752 | €291 | -€9,461 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,976 | €1,893 | -€83 | -4.2% |
| Other operating charges | 640/8 | €289 | €541 | +€253 | +87.5% |
| Gross operating margin | 9900 | €80,824 | €36,268 | -€44,556 | -55.1% |
| Operating profit (loss) | 9901 | €68,807 | €33,542 | -€35,265 | -51.3% |
| Financial income | 75/76B | €2,017 | €1,793 | -€224 | -11.1% |
| Recurring financial income | 75 | €2,017 | €1,793 | -€224 | -11.1% |
| Financial charges | 65/66B | €1,146 | €362 | -€784 | -68.4% |
| Recurring financial charges | 65 | €1,146 | €362 | -€784 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | €69,678 | €34,973 | -€34,705 | -49.8% |
| Income taxes | 67/77 | €11,673 | €9,839 | -€1,834 | -15.7% |
| Profit (loss) for the period | 9904 | €58,005 | €25,134 | -€32,871 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,005 | €25,134 | -€32,871 | -56.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.