VUYLSTEKE - EIFFAGE: what changed
What changed
VUYLSTEKE - EIFFAGE
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€239,067
2024 · €85,122-€324,189
Equity
€6.6m
2024 · €6.9m-€239,067
Cash
€2.8m
2024 · €757,862+€2.1m
Balance sheet total
€26.3m
2024 · €19.1m+€7.2m
Largest movements
Assets
- Receivables within one year +€4.7m
up €4.7m (+40.9%), from €11.6m to €16.3m
of which Trade receivables: +€6.1m
- Cash +€2.1m
up €2.1m (+274%), from €757,862 to €2.8m
mainly Trade debts (+€3.9m) and Other debts (+€2.7m)
- Stocks and contracts +€385,964
up €385,964 (+31.7%), from €1.2m to €1.6m
Equity and liabilities
- Trade debts +€3.9m
up €3.9m (+38.8%), from €9.9m to €13.8m
- Other debts +€2.7m
up €2.7m (+2,896%), from €93,180 to €2.8m
- Advances received +€1.1m
up €1.1m (+229%), from €473,437 to €1.6m
- Debts after one year -€512,915
down €512,915 (-89.9%), from €570,249 to €57,334
- Current portion of long-term debt +€383,636
up €383,636 (+189%), from €203,392 to €587,028
Income statement
- Turnover +€3.8m
up €3.8m (+11.6%), from €32.9m to €36.7m
- Goods and materials +€1.9m
up €1.9m (+8.8%), from €21.7m to €23.7m
of which Purchases: +€2.5m
- Services and other goods +€775,332
up €775,332 (+21.0%), from €3.7m to €4.5m
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
€85,122
Turnover
+€3.8m
Other operating income
+€47,365
Goods and materials
-€1.9m
Services and other goods
-€775,332
Staff costs
-€339,469
Depreciation
+€7,436
Provisions
-€9,153
Other operating charges
-€7,416
Other operating items
-€1.1m
Financial income
-€21,256
Financial charges
-€54,558
Taxes
+€42,809
Result 2025
-€239,067
raises the resultlowers the resultnot broken down further in the accounts
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
+€2.6m
Investment
-€360,540
Financing
-€129,279
Cash 2024
€757,862
From operations (derived)
+€2.6m
Net result for the year
-€239,067
Depreciation
+€361,634
Stocks and contracts
-€385,964
Receivables within one year
-€4.7m
Smaller working-capital items
-€11,163
Trade debts
+€3.9m
Tax, wage and social debts
-€67,967
Advances received
+€1.1m
Other debts
+€2.7m
Investment (derived)
-€360,540
Investment in fixed assets (net)
-€360,540
Financing
-€129,279
Debts after one year
-€512,915
Current portion of long-term debt
+€383,636
Cash 2025
€2.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,064,184 | €26,262,428 | +€7.2m | +37.8% |
| Fixed assets | 21/28 | €5,442,625 | €5,441,530 | -€1,095 | 0.0% |
| Tangible fixed assets | 22/27 | €5,348,040 | €5,350,483 | +€2,443 | 0.0% |
| Land and buildings | 22 | €4,871,724 | €4,850,790 | -€20,935 | -0.4% |
| Plant, machinery and equipment | 23 | €248,510 | €215,394 | -€33,116 | -13.3% |
| Furniture and vehicles | 24 | €96,319 | €132,327 | +€36,009 | +37.4% |
| Leasing and similar rights | 25 | €97,350 | €123,310 | +€25,960 | +26.7% |
| Other tangible fixed assets | 26 | €34,138 | €28,663 | -€5,475 | -16.0% |
| Financial fixed assets | 28 | €94,585 | €91,047 | -€3,538 | -3.7% |
| Affiliated companies | 280/1 | €1 | €0 | -€1 | -100% |
| Participating interests | 280 | €1 | €0 | -€1 | -100% |
| Other financial fixed assets | 284/8 | €94,584 | €91,047 | -€3,537 | -3.7% |
| Amounts receivable and cash guarantees | 285/8 | €94,584 | €91,047 | -€3,537 | -3.7% |
| Current assets | 29/58 | €13,621,559 | €20,820,898 | +€7.2m | +52.9% |
| Stocks and contracts in progress | 3 | €1,216,941 | €1,602,904 | +€385,964 | +31.7% |
| Stocks | 30/36 | €1,216,941 | €1,602,904 | +€385,964 | +31.7% |
| Raw materials and consumables | 30/31 | €1,216,941 | €1,602,904 | +€385,964 | +31.7% |
| Amounts receivable within one year | 40/41 | €11,588,490 | €16,325,722 | +€4.7m | +40.9% |
| Trade receivables | 40 | €9,823,833 | €15,897,960 | +€6.1m | +61.8% |
| Other amounts receivable | 41 | €1,764,657 | €427,762 | -€1.3m | -75.8% |
| Cash at bank and in hand | 54/58 | €757,862 | €2,833,950 | +€2.1m | +274% |
| Deferred charges and accrued income | 490/1 | €58,266 | €58,321 | +€55 | +0.1% |
| Total equity and liabilities | 10/49 | €19,064,184 | €26,262,428 | +€7.2m | +37.8% |
| Equity | 10/15 | €6,861,725 | €6,622,658 | -€239,067 | -3.5% |
| Contributions | 10/11 | €1,789,865 | €1,789,865 | = | 0.0% |
| Capital | 10 | €1,789,865 | €1,789,865 | = | 0.0% |
| Issued capital | 100 | €1,789,865 | €1,789,865 | = | 0.0% |
| Reserves | 13 | €5,071,797 | €4,832,793 | -€239,004 | -4.7% |
| Non-distributable reserves | 130/1 | €178,987 | €178,987 | = | 0.0% |
| Legal reserve | 130 | €178,987 | €178,987 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,193,480 | €1,193,480 | = | 0.0% |
| Distributable reserves | 133 | €3,699,330 | €3,460,326 | -€239,004 | -6.5% |
| Profit (loss) carried forward | 14 | €63 | €0 | -€63 | -100% |
| Provisions and deferred taxes | 16 | €32,523 | €21,580 | -€10,943 | -33.6% |
| Provisions for liabilities and charges | 160/5 | €32,523 | €21,580 | -€10,943 | -33.6% |
| Other liabilities and charges | 164/5 | €32,523 | €21,580 | -€10,943 | -33.6% |
| Amounts payable | 17/49 | €12,169,935 | €19,618,189 | +€7.4m | +61.2% |
| Amounts payable after more than one year | 17 | €570,249 | €57,334 | -€512,915 | -89.9% |
| Financial debts | 170/4 | €570,249 | €57,334 | -€512,915 | -89.9% |
| Leasing and similar obligations | 172 | €30,190 | €57,334 | +€27,144 | +89.9% |
| Credit institutions | 173 | €540,059 | €0 | -€540,059 | -100% |
| Amounts payable within one year | 42/48 | €11,599,522 | €19,560,856 | +€8.0m | +68.6% |
| Current portion of amounts payable after more than one year | 42 | €203,392 | €587,028 | +€383,636 | +189% |
| Trade debts | 44 | €9,941,804 | €13,803,931 | +€3.9m | +38.8% |
| Suppliers | 440/4 | €9,941,804 | €13,803,931 | +€3.9m | +38.8% |
| Advances received on contracts in progress | 46 | €473,437 | €1,558,633 | +€1.1m | +229% |
| Taxes, remuneration and social security | 45 | €887,709 | €819,743 | -€67,967 | -7.7% |
| Taxes | 450/3 | €165,604 | €175,544 | +€9,940 | +6.0% |
| Remuneration and social security | 454/9 | €722,105 | €644,198 | -€77,907 | -10.8% |
| Other amounts payable | 47/48 | €93,180 | €2,791,521 | +€2.7m | +2,896% |
| Accrued charges and deferred income | 492/3 | €165 | €0 | -€165 | -100% |
| Operating income | 70/76A | €33,172,062 | €35,917,275 | +€2.7m | +8.3% |
| Turnover | 70 | €32,895,672 | €36,726,328 | +€3.8m | +11.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | -€1,132,808 | -€1.1m | |
| Other operating income | 74 | €276,390 | €323,755 | +€47,365 | +17.1% |
| Operating charges | 60/66A | €33,026,934 | €36,063,330 | +€3.0m | +9.2% |
| Goods for resale, raw materials and consumables | 60 | €21,739,008 | €23,658,429 | +€1.9m | +8.8% |
| Purchases | 600/8 | €21,590,729 | €24,044,393 | +€2.5m | +11.4% |
| Change in stocks: decrease (increase) | 609 | €148,278 | -€385,964 | -€534,242 | |
| Services and other goods | 61 | €3,700,088 | €4,475,420 | +€775,332 | +21.0% |
| Remuneration, social security and pensions | 62 | €7,028,458 | €7,367,927 | +€339,469 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369,070 | €361,634 | -€7,436 | -2.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€20,096 | -€10,943 | +€9,153 | +45.5% |
| Other operating charges | 640/8 | €203,447 | €210,862 | +€7,416 | +3.6% |
| Non-recurring operating charges | 66A | €6,960 | €0 | -€6,960 | -100% |
| Operating profit (loss) | 9901 | €145,128 | -€146,055 | -€291,183 | |
| Financial income | 75/76B | €21,256 | €0 | -€21,256 | -100% |
| Recurring financial income | 75 | €21,256 | €0 | -€21,256 | -100% |
| Income from current assets | 751 | €9,773 | €0 | -€9,773 | -100% |
| Other financial income | 752/9 | €11,484 | €0 | -€11,484 | -100% |
| Financial charges | 65/66B | €34,111 | €88,669 | +€54,558 | +160% |
| Recurring financial charges | 65 | €34,111 | €88,669 | +€54,558 | +160% |
| Debt charges | 650 | €33,933 | €55,058 | +€21,126 | +62.3% |
| Other financial charges | 652/9 | €178 | €33,611 | +€33,433 | +18,764% |
| Profit (loss) for the period before taxes | 9903 | €132,274 | -€234,724 | -€366,997 | |
| Income taxes | 67/77 | €47,152 | €4,343 | -€42,809 | -90.8% |
| Taxes | 670/3 | €56,083 | €5,484 | -€50,599 | -90.2% |
| Tax adjustments and reversals of tax provisions | 77 | €8,932 | €1,141 | -€7,791 | -87.2% |
| Profit (loss) for the period | 9904 | €85,122 | -€239,067 | -€324,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,122 | -€239,067 | -€324,189 |
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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 5 November 2026 via checked.be.