EEG GROUP: what changed
Two financial 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
EEG GROUP
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€760,059
2024 · €2.6m-€1.8m
Equity
€34.1m
2024 · €33.4m+€640,059
Cash
€122,455
2024 · €29,293+€93,162
Balance sheet total
€48.0m
2024 · €44.1m+€3.9m
Largest movements
Assets
- Receivables within one year +€3.6m
up €3.6m (+123%), from €3.0m to €6.6m
of which Other amounts receivable: +€3.6m
Equity and liabilities
- Other debts +€5.2m
up €5.2m (+117%), from €4.5m to €9.7m
- Debts after one year -€1.4m
down €1.4m (-34.6%), from €4.1m to €2.7m
- Profit (loss) carried forward +€640,059
up €640,059 (+3.0%), from €21.6m to €22.2m
Income statement
- Financial income -€2.5m
down €2.5m (-74.5%), from €3.4m to €856,805
- Financial charges -€396,481
down €396,481 (-69.3%), from €572,026 to €175,544
of which Non-recurring financial charges: -€325,000
- Gross operating margin +€217,269
up €217,269 (+517%), from €42,053 to €259,323
- Staff costs -€47,841
down €47,841 (-31.7%), from €150,904 to €103,062
- Depreciation -€11,419
down €11,419 (-14.5%), from €78,788 to €67,369
From the 2024 result to the 2025 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
€2.6m
Gross operating margin
+€217,269
Staff costs
+€47,841
Depreciation
+€11,419
Other operating charges
-€6,537
Other operating items
+€16,465
Financial income
-€2.5m
Financial charges
+€396,481
Taxes
-€2,161
Result 2025
€760,059
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€2.3m
Investment
-€250,000
Financing
-€2.0m
Cash 2024
€29,293
From operations (derived)
+€2.3m
Net result for the year
+€760,059
Depreciation
+€67,369
Receivables within one year
-€3.6m
Trade debts
-€2,090
Tax, wage and social debts
-€29,521
Other debts
+€5.2m
Accrued charges and deferred income
-€61,387
Investment (derived)
-€250,000
Investment in fixed assets (net)
-€250,000
Financing
-€2.0m
Debts after one year
-€1.4m
Current portion of long-term debt
-€431,125
Contributions, distributions and other
-€120,000
Cash 2025
€122,455
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,111,445 | €48,010,754 | +€3.9m | +8.8% |
| Fixed assets | 21/28 | €41,131,560 | €41,314,192 | +€182,631 | +0.4% |
| Tangible fixed assets | 22/27 | €415,458 | €348,089 | -€67,369 | -16.2% |
| Land and buildings | 22 | €272,256 | €249,087 | -€23,170 | -8.5% |
| Plant, machinery and equipment | 23 | €23,484 | €20,589 | -€2,896 | -12.3% |
| Furniture and vehicles | 24 | €119,717 | €78,414 | -€41,304 | -34.5% |
| Financial fixed assets | 28 | €40,716,103 | €40,966,103 | +€250,000 | +0.6% |
| Current assets | 29/58 | €2,979,885 | €6,696,562 | +€3.7m | +125% |
| Amounts receivable within one year | 40/41 | €2,950,591 | €6,574,107 | +€3.6m | +123% |
| Trade receivables | 40 | €131,853 | €179,853 | +€48,000 | +36.4% |
| Other amounts receivable | 41 | €2,818,738 | €6,394,254 | +€3.6m | +127% |
| Cash at bank and in hand | 54/58 | €29,293 | €122,455 | +€93,162 | +318% |
| Total equity and liabilities | 10/49 | €44,111,445 | €48,010,754 | +€3.9m | +8.8% |
| Equity | 10/15 | €33,439,294 | €34,079,352 | +€640,059 | +1.9% |
| Contributions | 10/11 | €11,167,153 | €11,167,153 | +€0 | 0.0% |
| Reserves | 13 | €696,613 | €696,613 | = | 0.0% |
| Distributable reserves | 133 | €696,613 | €696,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,575,527 | €22,215,586 | +€640,059 | +3.0% |
| Amounts payable | 17/49 | €10,672,151 | €13,931,401 | +€3.3m | +30.5% |
| Amounts payable after more than one year | 17 | €4,135,971 | €2,703,143 | -€1.4m | -34.6% |
| Financial debts | 170/4 | €4,135,971 | €2,703,143 | -€1.4m | -34.6% |
| Amounts payable within one year | 42/48 | €6,472,489 | €11,225,955 | +€4.8m | +73.4% |
| Current portion of amounts payable after more than one year | 42 | €1,945,128 | €1,514,003 | -€431,125 | -22.2% |
| Trade debts | 44 | €24,183 | €22,093 | -€2,090 | -8.6% |
| Suppliers | 440/4 | €24,183 | €22,093 | -€2,090 | -8.6% |
| Taxes, remuneration and social security | 45 | €44,193 | €14,673 | -€29,521 | -66.8% |
| Taxes | 450/3 | €12,006 | €14,673 | +€2,667 | +22.2% |
| Remuneration and social security | 454/9 | €32,188 | - | -€32,188 | |
| Other amounts payable | 47/48 | €4,458,984 | €9,675,186 | +€5.2m | +117% |
| Accrued charges and deferred income | 492/3 | €63,691 | €2,304 | -€61,387 | -96.4% |
| Remuneration, social security and pensions | 62 | €150,904 | €103,062 | -€47,841 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,788 | €67,369 | -€11,419 | -14.5% |
| Other operating charges | 640/8 | €1,395 | €7,932 | +€6,537 | +468% |
| Non-recurring operating charges | 66A | €16,465 | - | -€16,465 | |
| Gross operating margin | 9900 | €42,053 | €259,323 | +€217,269 | +517% |
| Operating profit (loss) | 9901 | -€205,499 | €80,959 | +€286,458 | |
| Financial income | 75/76B | €3,357,547 | €856,805 | -€2.5m | -74.5% |
| Recurring financial income | 75 | €3,357,547 | €856,805 | -€2.5m | -74.5% |
| Financial charges | 65/66B | €572,026 | €175,544 | -€396,481 | -69.3% |
| Recurring financial charges | 65 | €247,026 | €175,544 | -€71,481 | -28.9% |
| Non-recurring financial charges | 66B | €325,000 | - | -€325,000 | |
| Profit (loss) for the period before taxes | 9903 | €2,580,023 | €762,220 | -€1.8m | -70.5% |
| Income taxes | 67/77 | - | €2,161 | +€2,161 | |
| Profit (loss) for the period | 9904 | €2,580,023 | €760,059 | -€1.8m | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,580,023 | €760,059 | -€1.8m | -70.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.