HAEGEMAN TECHNIEKEN: what changed
What changed
HAEGEMAN TECHNIEKEN
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€85,160
2024 · €29,173+€55,987
Equity
€611,514
2024 · €526,353+€85,160
Cash
€200,472
2024 · €106,331+€94,142
Balance sheet total
€797,254
2024 · €734,920+€62,334
Largest movements
Assets
- Cash +€94,142
up €94,142 (+88.5%), from €106,331 to €200,472
mainly Net result for the year (+€85,160) and Receivables within one year (+€21,472)
- Receivables within one year -€21,472
down €21,472 (-25.2%), from €85,170 to €63,698
of which Trade receivables: -€12,276
Equity and liabilities
- Reserves +€85,160
up €85,160 (+16.4%), from €520,153 to €605,314
- Trade debts -€32,092
down €32,092 (-78.3%), from €41,003 to €8,911
- Tax, wage and social debts +€9,886
up €9,886 (+610%), from €1,620 to €11,506
of which Taxes: +€9,833
Income statement
- Gross operating margin +€84,869
up €84,869 (+84.4%), from €100,523 to €185,392
- Taxes +€26,626
up €26,626 (+181%), from €14,674 to €41,299
- Financial income -€7,471
down €7,471 (-49.3%), from €15,139 to €7,668
- Staff costs -€7,271
down €7,271 (-11.6%), from €62,918 to €55,647
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
€29,173
Gross operating margin
+€84,869
Staff costs
+€7,271
Depreciation
-€1,799
Other operating charges
-€168
Financial income
-€7,471
Financial charges
-€90
Taxes
-€26,626
Result 2025
€85,160
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
+€97,595
Investment
-€3,453
Financing
€0
Cash 2024
€106,331
From operations (derived)
+€97,595
Net result for the year
+€85,160
Depreciation
+€8,960
Stocks and contracts
+€6,017
Receivables within one year
+€21,472
Deferred charges and accrued income
-€1,189
Trade debts
-€32,092
Tax, wage and social debts
+€9,886
Other debts
+€4,966
Accrued charges and deferred income
-€5,585
Investment (derived)
-€3,453
Investment in fixed assets (net)
-€3,453
Cash 2025
€200,472
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €734,920 | €797,254 | +€62,334 | +8.5% |
| Fixed assets | 21/28 | €29,957 | €24,450 | -€5,507 | -18.4% |
| Tangible fixed assets | 22/27 | €29,307 | €23,800 | -€5,507 | -18.8% |
| Land and buildings | 22 | €10,023 | €8,900 | -€1,123 | -11.2% |
| Plant, machinery and equipment | 23 | €14,898 | €11,232 | -€3,666 | -24.6% |
| Furniture and vehicles | 24 | €4,386 | €3,668 | -€718 | -16.4% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €704,962 | €772,804 | +€67,842 | +9.6% |
| Stocks and contracts in progress | 3 | €9,268 | €3,251 | -€6,017 | -64.9% |
| Stocks | 30/36 | €9,268 | €3,251 | -€6,017 | -64.9% |
| Amounts receivable within one year | 40/41 | €85,170 | €63,698 | -€21,472 | -25.2% |
| Trade receivables | 40 | €57,960 | €45,685 | -€12,276 | -21.2% |
| Other amounts receivable | 41 | €27,209 | €18,013 | -€9,196 | -33.8% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €106,331 | €200,472 | +€94,142 | +88.5% |
| Deferred charges and accrued income | 490/1 | €4,194 | €5,383 | +€1,189 | +28.3% |
| Total equity and liabilities | 10/49 | €734,920 | €797,254 | +€62,334 | +8.5% |
| Equity | 10/15 | €526,353 | €611,514 | +€85,160 | +16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €520,153 | €605,314 | +€85,160 | +16.4% |
| Distributable reserves | 133 | €520,153 | €605,314 | +€85,160 | +16.4% |
| Amounts payable | 17/49 | €208,566 | €185,740 | -€22,826 | -10.9% |
| Amounts payable within one year | 42/48 | €202,432 | €185,192 | -€17,241 | -8.5% |
| Trade debts | 44 | €41,003 | €8,911 | -€32,092 | -78.3% |
| Suppliers | 440/4 | €41,003 | €8,911 | -€32,092 | -78.3% |
| Taxes, remuneration and social security | 45 | €1,620 | €11,506 | +€9,886 | +610% |
| Taxes | 450/3 | €255 | €10,088 | +€9,833 | +3,853% |
| Remuneration and social security | 454/9 | €1,365 | €1,418 | +€53 | +3.9% |
| Other amounts payable | 47/48 | €159,809 | €164,775 | +€4,966 | +3.1% |
| Accrued charges and deferred income | 492/3 | €6,134 | €549 | -€5,585 | -91.1% |
| Remuneration, social security and pensions | 62 | €62,918 | €55,647 | -€7,271 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,161 | €8,960 | +€1,799 | +25.1% |
| Other operating charges | 640/8 | €1,512 | €1,679 | +€168 | +11.1% |
| Gross operating margin | 9900 | €100,523 | €185,392 | +€84,869 | +84.4% |
| Operating profit (loss) | 9901 | €28,932 | €119,106 | +€90,174 | +312% |
| Financial income | 75/76B | €15,139 | €7,668 | -€7,471 | -49.3% |
| Recurring financial income | 75 | €15,139 | €7,668 | -€7,471 | -49.3% |
| Financial charges | 65/66B | €225 | €315 | +€90 | +39.8% |
| Recurring financial charges | 65 | €225 | €315 | +€90 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €43,847 | €126,460 | +€82,613 | +188% |
| Income taxes | 67/77 | €14,674 | €41,299 | +€26,626 | +181% |
| Profit (loss) for the period | 9904 | €29,173 | €85,160 | +€55,987 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €29,173 | €85,160 | +€55,987 | +192% |
Next steps
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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 4 November 2026 via checked.be.