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EECKHOUT PROJECTS: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

EECKHOUT PROJECTS

BE 1009.232.738
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€23,988
2024 · €559+€23,428
Equity
€26,714
2024 · €3,559+€23,155
Cash
€47,415
2024 · €20,363+€27,053
Balance sheet total
€79,198
2024 · €32,250+€46,948

Largest movements

2024 to 2025
Assets
  • Cash +€27,053

    up €27,053 (+132.9%), from €20,363 to €47,415

    mainly Net result for the year (+€23,988) and Other debts (+€22,836)

  • Tangible fixed assets +€14,516

    new in 2025: €14,516

  • Receivables within one year +€5,064

    up €5,064 (+44.9%), from €11,271 to €16,335

    of which Trade receivables: +€6,446

Equity and liabilities
  • Reserves +€23,155

    up €23,155 (+4139.5%), from €559 to €23,714

  • Other debts +€22,836

    up €22,836 (+140.6%), from €16,247 to €39,083

  • Tax, wage and social debts +€821

    up €821 (+9.2%), from €8,887 to €9,708

Income statement
  • Gross operating margin +€33,465

    up €33,465 (+953.3%), from €3,510 to €36,975

  • Taxes +€7,577

    up €7,577 (+357.7%), from €2,118 to €9,695

  • Other operating charges +€1,062

    up €1,062 (+666.9%), from €159 to €1,221

  • Financial charges +€995

    up €995 (+147.7%), from €674 to €1,669

  • Depreciation +€460

    new in 2025: €460

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €559
Gross operating margin +€33,465
Depreciation -€460
Other operating charges -€1,062
Financial income +€57
Financial charges -€995
Taxes -€7,577
Result 2025 €23,988

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€42,862
Investment -€14,976
Financing -€833
Cash 2024 €20,363
Net result for the year +€23,988
Depreciation +€460
Receivables within one year -€5,064
Deferred charges and accrued income -€314
Trade debts +€534
Tax, wage and social debts +€821
Other debts +€22,836
Accrued charges and deferred income -€398
Investment in fixed assets (net) -€14,976
Contributions, distributions and other -€833
Cash 2025 €47,415
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €32,250 €79,198 +€46,948 +145.6%
Fixed assets 21/28 - €14,516 +€14,516
Tangible fixed assets 22/27 - €14,516 +€14,516
Land and buildings 22 - €14,516 +€14,516
Current assets 29/58 €32,250 €64,681 +€32,432 +100.6%
Amounts receivable within one year 40/41 €11,271 €16,335 +€5,064 +44.9%
Trade receivables 40 €9,889 €16,335 +€6,446 +65.2%
Other amounts receivable 41 €1,382 €0 -€1,382 -100.0%
Cash at bank and in hand 54/58 €20,363 €47,415 +€27,053 +132.9%
Deferred charges and accrued income 490/1 €617 €931 +€314 +51.0%
Total equity and liabilities 10/49 €32,250 €79,198 +€46,948 +145.6%
Equity 10/15 €3,559 €26,714 +€23,155 +650.5%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €559 €23,714 +€23,155 +4139.5%
Distributable reserves 133 €559 €23,714 +€23,155 +4139.5%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €28,691 €52,484 +€23,793 +82.9%
Amounts payable within one year 42/48 €28,040 €52,232 +€24,192 +86.3%
Trade debts 44 €2,907 €3,441 +€534 +18.4%
Suppliers 440/4 €2,907 €3,441 +€534 +18.4%
Taxes, remuneration and social security 45 €8,887 €9,708 +€821 +9.2%
Taxes 450/3 €8,887 €9,708 +€821 +9.2%
Other amounts payable 47/48 €16,247 €39,083 +€22,836 +140.6%
Accrued charges and deferred income 492/3 €650 €252 -€398 -61.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €460 +€460
Other operating charges 640/8 €159 €1,221 +€1,062 +666.9%
Gross operating margin 9900 €3,510 €36,975 +€33,465 +953.3%
Operating profit (loss) 9901 €3,351 €35,295 +€31,944 +953.2%
Financial income 75/76B - €57 +€57
Recurring financial income 75 - €57 +€57
Financial charges 65/66B €674 €1,669 +€995 +147.7%
Recurring financial charges 65 €674 €1,669 +€995 +147.7%
Profit (loss) for the period before taxes 9903 €2,677 €33,682 +€31,005 +1158.1%
Income taxes 67/77 €2,118 €9,695 +€7,577 +357.7%
Profit (loss) for the period 9904 €559 €23,988 +€23,428 +4188.4%
Profit (loss) for the period to be appropriated 9905 €559 €23,988 +€23,428 +4188.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.