EH GROEP: 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.
EH GROEP
Largest movements
- Receivables within one year +€853,767
up €853,767 (+83.3%), from €1.0m to €1.9m
of which Trade receivables: +€828,676
- Cash +€298,590
up €298,590 (+65.1%), from €458,407 to €756,997
mainly Trade debts (+€949,739) and Stocks and contracts (+€129,065)
- Stocks and contracts -€129,065
no longer reported in 2024 (was €129,065)
- Trade debts +€949,739
up €949,739 (+77.6%), from €1.2m to €2.2m
- Profit (loss) carried forward +€51,354
up €51,354 (+49.3%), from €104,220 to €155,574
- Gross operating margin +€163,725
up €163,725 (+28.8%), from €569,053 to €732,779
- Staff costs +€133,919
up €133,919 (+24.7%), from €541,813 to €675,732
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,612,322 | €2,635,614 | +€1.0m | +63.5% |
| Current assets | 29/58 | €1,612,322 | €2,635,614 | +€1.0m | +63.5% |
| Stocks and contracts in progress | 3 | €129,065 | - | -€129,065 | |
| Contracts in progress | 37 | €129,065 | - | -€129,065 | |
| Amounts receivable within one year | 40/41 | €1,024,850 | €1,878,616 | +€853,767 | +83.3% |
| Trade receivables | 40 | €989,443 | €1,818,118 | +€828,676 | +83.8% |
| Other amounts receivable | 41 | €35,407 | €60,498 | +€25,091 | +70.9% |
| Cash at bank and in hand | 54/58 | €458,407 | €756,997 | +€298,590 | +65.1% |
| Total equity and liabilities | 10/49 | €1,612,322 | €2,635,614 | +€1.0m | +63.5% |
| Equity | 10/15 | €111,220 | €162,574 | +€51,354 | +46.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,220 | €155,574 | +€51,354 | +49.3% |
| Amounts payable | 17/49 | €1,501,101 | €2,473,039 | +€971,938 | +64.7% |
| Amounts payable within one year | 42/48 | €1,460,601 | €2,432,539 | +€971,938 | +66.5% |
| Trade debts | 44 | €1,224,549 | €2,174,289 | +€949,739 | +77.6% |
| Suppliers | 440/4 | €1,224,549 | €2,174,289 | +€949,739 | +77.6% |
| Taxes, remuneration and social security | 45 | €99,179 | €111,667 | +€12,489 | +12.6% |
| Taxes | 450/3 | €33,572 | €25,111 | -€8,461 | -25.2% |
| Remuneration and social security | 454/9 | €65,607 | €86,556 | +€20,950 | +31.9% |
| Other amounts payable | 47/48 | €136,873 | €146,583 | +€9,710 | +7.1% |
| Accrued charges and deferred income | 492/3 | €40,500 | €40,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €541,813 | €675,732 | +€133,919 | +24.7% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €569,053 | €732,779 | +€163,725 | +28.8% |
| Operating profit (loss) | 9901 | €27,178 | €56,985 | +€29,806 | +110% |
| Financial income | 75/76B | €1,435 | €5,900 | +€4,466 | +311% |
| Recurring financial income | 75 | €1,435 | €5,900 | +€4,466 | +311% |
| Financial charges | 65/66B | €1,479 | €883 | -€595 | -40.3% |
| Recurring financial charges | 65 | €1,479 | €883 | -€595 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €27,134 | €62,002 | +€34,867 | +128% |
| Income taxes | 67/77 | €4,976 | €10,647 | +€5,672 | +114% |
| Profit (loss) for the period | 9904 | €22,158 | €51,354 | +€29,196 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €22,158 | €51,354 | +€29,196 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.