EHV Constructies: 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.
EHV Constructies
Largest movements
- Receivables within one year +€109,681
up €109,681 (+156.2%), from €70,212 to €179,893
of which Trade receivables: +€125,092
- Cash -€68,056
down €68,056 (-54.2%), from €125,514 to €57,458
mainly Contributions, distributions and other (-€144,367) and Receivables within one year (-€109,681)
- Tangible fixed assets +€6,861
up €6,861 (+299.4%), from €2,292 to €9,153
of which Furniture and vehicles: +€4,557
- Deferred charges and accrued income +€4,583
up €4,583 (+79.9%), from €5,734 to €10,317
- Other debts +€45,847
up €45,847 (+45.2%), from €101,377 to €147,225
- Reserves -€25,042
down €25,042 (-100.0%), from €25,042 to €0
- Trade debts +€23,574
up €23,574 (+45.3%), from €52,007 to €75,581
- Tax, wage and social debts +€8,690
up €8,690 (+56.7%), from €15,325 to €24,016
of which Taxes: +€11,159
- Gross operating margin +€164,869
up €164,869 (+129.5%), from €127,333 to €292,202
- Staff costs +€61,058
up €61,058 (+116.1%), from €52,588 to €113,646
- Taxes +€23,281
up €23,281 (+183.0%), from €12,721 to €36,002
- Write-downs +€18,583
new in 2025: €18,583
- Other operating charges -€7,846
down €7,846 (-65.1%), from €12,055 to €4,209
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,752 | €256,821 | +€53,070 | +26.0% |
| Fixed assets | 21/28 | €2,292 | €9,153 | +€6,861 | +299.4% |
| Tangible fixed assets | 22/27 | €2,292 | €9,153 | +€6,861 | +299.4% |
| Plant, machinery and equipment | 23 | €48 | €2,352 | +€2,304 | +4833.9% |
| Furniture and vehicles | 24 | €2,244 | €6,801 | +€4,557 | +203.1% |
| Current assets | 29/58 | €201,460 | €247,668 | +€46,208 | +22.9% |
| Amounts receivable within one year | 40/41 | €70,212 | €179,893 | +€109,681 | +156.2% |
| Trade receivables | 40 | €33,943 | €159,035 | +€125,092 | +368.5% |
| Other amounts receivable | 41 | €36,269 | €20,859 | -€15,411 | -42.5% |
| Cash at bank and in hand | 54/58 | €125,514 | €57,458 | -€68,056 | -54.2% |
| Deferred charges and accrued income | 490/1 | €5,734 | €10,317 | +€4,583 | +79.9% |
| Total equity and liabilities | 10/49 | €203,752 | €256,821 | +€53,070 | +26.0% |
| Equity | 10/15 | €35,042 | €10,000 | -€25,042 | -71.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,042 | €0 | -€25,042 | -100.0% |
| Distributable reserves | 133 | €25,042 | €0 | -€25,042 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €168,709 | €246,821 | +€78,112 | +46.3% |
| Amounts payable within one year | 42/48 | €168,709 | €246,821 | +€78,112 | +46.3% |
| Trade debts | 44 | €52,007 | €75,581 | +€23,574 | +45.3% |
| Suppliers | 440/4 | €52,007 | €75,581 | +€23,574 | +45.3% |
| Taxes, remuneration and social security | 45 | €15,325 | €24,016 | +€8,690 | +56.7% |
| Taxes | 450/3 | €3,000 | €14,159 | +€11,159 | +372.0% |
| Remuneration and social security | 454/9 | €12,325 | €9,857 | -€2,469 | -20.0% |
| Other amounts payable | 47/48 | €101,377 | €147,225 | +€45,847 | +45.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €52,588 | €113,646 | +€61,058 | +116.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,179 | €1,610 | -€1,569 | -49.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,583 | +€18,583 | |
| Other operating charges | 640/8 | €12,055 | €4,209 | -€7,846 | -65.1% |
| Gross operating margin | 9900 | €127,333 | €292,202 | +€164,869 | +129.5% |
| Operating profit (loss) | 9901 | €59,511 | €154,153 | +€94,643 | +159.0% |
| Financial income | 75/76B | €801 | €2,395 | +€1,594 | +199.0% |
| Recurring financial income | 75 | €801 | €2,395 | +€1,594 | +199.0% |
| Financial charges | 65/66B | €1,647 | €1,222 | -€425 | -25.8% |
| Recurring financial charges | 65 | €1,647 | €1,222 | -€425 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €58,664 | €155,326 | +€96,661 | +164.8% |
| Income taxes | 67/77 | €12,721 | €36,002 | +€23,281 | +183.0% |
| Profit (loss) for the period | 9904 | €45,944 | €119,324 | +€73,380 | +159.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,944 | €119,324 | +€73,380 | +159.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.