EEG
ActiveSummary
EEG has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.28M and a net result of €158k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 34% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 103 lines
The notes to these accounts (101 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €80.37M | €84.20M | €113.06M | €147.91M | €161.03M | ▲ 8.9% |
| Turnover70 | €77.07M | €79.13M | €105.40M | €143.17M | €158.68M | ▲ 10.8% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €121k | €1.56M | €3.15M | €87k | €-3.64M | ▼ 4,276% |
| Own construction capitalised72 | €345k | €163k | - | - | €61k | - |
| Other operating income74 | €2.83M | €3.35M | €4.35M | €4.65M | €5.87M | ▲ 26.0% |
| Non-recurring operating income76A | - | - | €164k | - | €60k | - |
| Operating charges60/66A | €77.91M | €81.50M | €109.31M | €148.77M | €159.38M | ▲ 7.1% |
| Goods for resale, raw materials and consumables60 | €46.61M | €47.74M | €66.81M | €85.80M | €97.90M | ▲ 14.1% |
| Purchases600/8 | €47.02M | €48.99M | €67.66M | €84.67M | €97.57M | ▲ 15.2% |
| Change in stocks: decrease (increase)609 | €-413k | €-1.25M | €-852k | €1.13M | €329k | ▼ 70.9% |
| Services and other goods61 | €8.25M | €9.75M | €12.20M | €17.33M | €18.10M | ▲ 4.4% |
| Remuneration, social security and pensions62 | €22.31M | €22.80M | €28.67M | €39.97M | €40.47M | ▲ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €744k | €1.09M | €1.19M | €3.10M | €3.39M | ▲ 9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-31k | - | €-57k | €611k | ▲ 1,178% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-75k | €-4k | €198k | €1.59M | €-2.00M | ▼ 226% |
| Other operating charges640/8 | €57k | €120k | €239k | €150k | €412k | ▲ 175% |
| Non-recurring operating charges66A | €13k | €46k | €2k | €888k | €500k | ▼ 43.7% |
| Operating profit (loss)9901 | €2.46M | €2.70M | €3.75M | €-861k | €1.65M | ▲ 291% |
| Financial income75/76B | €230k | €54k | €49k | €1.18M | €117k | ▼ 90.1% |
| Recurring financial income75 | €230k | €54k | €49k | €191k | €117k | ▼ 38.9% |
| Income from financial fixed assets750 | €140k | - | - | - | - | - |
| Income from current assets751 | €9k | €5k | €7k | €128k | €13k | ▼ 89.8% |
| Other financial income752/9 | €82k | €49k | €43k | €63k | €103k | ▲ 63.8% |
| Non-recurring financial income76B | - | - | - | €988k | - | - |
| Financial charges65/66B | €1.15M | €228k | €695k | €1.20M | €869k | ▼ 27.6% |
| Recurring financial charges65 | €192k | €228k | €695k | €1.20M | €854k | ▼ 28.8% |
| Debt charges650 | €86k | €128k | €541k | €1.01M | €644k | ▼ 36.3% |
| Other financial charges652/9 | €106k | €100k | €155k | €189k | €210k | ▲ 10.9% |
| Non-recurring financial charges66B | €961k | - | - | - | €15k | - |
| Profit (loss) for the period before taxes9903 | €1.53M | €2.53M | €3.10M | €-881k | €895k | ▲ 202% |
| Transfer from deferred taxes780 | - | - | - | €8k | - | - |
| Income taxes67/77 | €617k | €745k | €1.08M | €328k | €736k | ▲ 124% |
| Taxes670/3 | €617k | €745k | €1.08M | €328k | €736k | ▲ 124% |
| Profit (loss) for the period9904 | €917k | €1.78M | €2.03M | €-1.20M | €158k | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €917k | €1.78M | €2.03M | €-1.20M | €158k | ▲ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64.37M | €70.31M | €71.45M | €84.35M | €84.01M | ▼ 0.4% |
| Fixed assets21/28 | €10.92M | €12.89M | €11.66M | €13.80M | €13.77M | ▼ 0.2% |
| Intangible fixed assets21 | €3k | €1.77M | €1.76M | €8.98M | €7.08M | ▼ 21.1% |
| Tangible fixed assets22/27 | €3.75M | €2.38M | €2.62M | €4.30M | €3.11M | ▼ 27.8% |
| Land and buildings22 | €4k | €3k | €1k | €36k | €21k | ▼ 42.3% |
| Plant, machinery and equipment23 | €441k | €538k | €837k | €932k | €610k | ▼ 34.5% |
| Furniture and vehicles24 | €1.24M | €1.23M | €1.23M | €1.22M | €1.09M | ▼ 10.4% |
| Leasing and similar rights25 | - | - | - | €1.18M | €469k | ▼ 60.3% |
| Other tangible fixed assets26 | €500k | €614k | €549k | €835k | €791k | ▼ 5.3% |
| Assets under construction and advance payments27 | €1.56M | - | - | €98k | €122k | ▲ 24.5% |
| Financial fixed assets28 | €7.17M | €8.74M | €7.29M | €512k | €3.57M | ▲ 599% |
| Affiliated companies280/1 | €6.74M | €8.22M | €6.75M | €46k | €3.11M | ▲ 6,694% |
| Participating interests280 | €6.74M | €8.22M | €6.75M | €46k | €3.11M | ▲ 6,694% |
| Companies linked by participating interests282/3 | €15k | €15k | €15k | €8k | €8k | = |
| Participating interests282 | €15k | €15k | €15k | €8k | €8k | = |
| Other financial fixed assets284/8 | €409k | €502k | €522k | €458k | €458k | = |
| Shares284 | €48k | €48k | €51k | €86k | €63k | ▼ 26.7% |
| Amounts receivable and cash guarantees285/8 | €361k | €454k | €471k | €373k | €396k | ▲ 6.2% |
| Current assets29/58 | €53.45M | €57.42M | €59.79M | €70.56M | €70.24M | ▼ 0.4% |
| Amounts receivable after more than one year29 | - | - | - | €12k | - | - |
| Other amounts receivable291 | - | - | - | €12k | - | - |
| Stocks and contracts in progress3 | €6.10M | €8.77M | €12.92M | €16.00M | €12.03M | ▼ 24.8% |
| Stocks30/36 | €1.82M | €3.47M | €4.13M | €4.58M | €4.19M | ▼ 8.5% |
| Raw materials and consumables30/31 | €1.68M | €2.94M | €3.90M | €4.34M | €4.01M | ▼ 7.6% |
| Work in progress32 | - | €533k | €231k | €244k | €182k | ▼ 25.5% |
| Advance payments36 | €138k | - | - | - | - | - |
| Contracts in progress37 | €4.27M | €5.30M | €8.79M | €11.42M | €7.84M | ▼ 31.3% |
| Amounts receivable within one year40/41 | €44.81M | €45.43M | €45.01M | €52.74M | €55.39M | ▲ 5.0% |
| Trade receivables40 | €30.49M | €31.13M | €32.74M | €46.47M | €45.47M | ▼ 2.1% |
| Other amounts receivable41 | €14.33M | €14.30M | €12.27M | €6.27M | €9.91M | ▲ 58.0% |
| Current investments50/53 | €175 | - | - | - | - | - |
| Other investments51/53 | €175 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2.52M | €2.53M | €960k | €958k | €2.26M | ▲ 135% |
| Deferred charges and accrued income490/1 | €16k | €686k | €907k | €846k | €566k | ▼ 33.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64.37M | €70.31M | €71.45M | €84.35M | €84.01M | ▼ 0.4% |
| Equity10/15 | €27.00M | €27.00M | €27.32M | €26.12M | €26.28M | ▲ 0.6% |
| Contributions10/11 | €1.03M | €1.03M | €1.03M | €1.03M | €1.03M | = |
| Capital10 | €1.03M | €1.03M | €1.03M | €1.03M | €1.03M | = |
| Issued capital100 | €1.03M | €1.03M | €1.03M | €1.03M | €1.03M | = |
| Outside capital11 | €138 | €138 | €138 | €138 | €138 | = |
| Share premium1100/10 | €138 | €138 | €138 | €138 | €138 | = |
| Reserves13 | €25.96M | €25.96M | €25.96M | €25.09M | €25.09M | = |
| Non-distributable reserves130/1 | €103k | €103k | €103k | €103k | €103k | = |
| Legal reserve130 | €103k | €103k | €103k | €103k | €103k | = |
| Tax-exempt reserves132 | €17.66M | €17.66M | €17.66M | €17.70M | €17.70M | = |
| Distributable reserves133 | €8.19M | €8.19M | €8.19M | €7.29M | €7.29M | = |
| Profit (loss) carried forward14 | €9k | €9k | €336k | - | €158k | - |
| Provisions and deferred taxes16 | €699k | €695k | €944k | €2.59M | €586k | ▼ 77.4% |
| Provisions for liabilities and charges160/5 | €699k | €695k | €944k | €2.59M | €586k | ▼ 77.4% |
| Other liabilities and charges164/5 | €699k | €695k | €944k | €2.59M | €586k | ▼ 77.4% |
| Amounts payable17/49 | €36.67M | €42.61M | €43.18M | €55.64M | €57.14M | ▲ 2.7% |
| Amounts payable after more than one year17 | €1.64M | €799k | €432k | €1.65M | €4.70M | ▲ 185% |
| Financial debts170/4 | €1.64M | €799k | €432k | €1.65M | €4.70M | ▲ 185% |
| Leasing and similar obligations172 | - | - | - | €439k | €354k | ▼ 19.3% |
| Credit institutions173 | €1.64M | €799k | €432k | €1.21M | €4.35M | ▲ 259% |
| Amounts payable within one year42/48 | €33.66M | €40.84M | €41.71M | €52.24M | €50.56M | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | €841k | €846k | €676k | €1.40M | €783k | ▼ 43.9% |
| Financial debts43 | €5.20M | €8.81M | €7.86M | €16.09M | €8.66M | ▼ 46.2% |
| Credit institutions430/8 | €5.20M | €8.81M | €7.86M | €16.09M | €8.66M | ▼ 46.2% |
| Trade debts44 | €18.44M | €20.31M | €19.75M | €23.11M | €26.17M | ▲ 13.2% |
| Suppliers440/4 | €18.44M | €20.31M | €19.75M | €23.11M | €26.17M | ▲ 13.2% |
| Advances received on contracts in progress46 | €3.65M | €3.91M | €3.58M | €3.73M | €10.27M | ▲ 176% |
| Taxes, remuneration and social security45 | €3.61M | €4.21M | €5.48M | €5.63M | €4.46M | ▼ 20.8% |
| Taxes450/3 | €1.05M | €1.30M | €1.43M | €1.14M | €521k | ▼ 54.2% |
| Remuneration and social security454/9 | €2.57M | €2.91M | €4.05M | €4.50M | €3.94M | ▼ 12.4% |
| Other amounts payable47/48 | €1.92M | €2.75M | €4.37M | €2.28M | €228k | ▼ 90.0% |
| Accrued charges and deferred income492/3 | €1.37M | €977k | €1.04M | €1.75M | €1.88M | ▲ 7.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €917k | €1.78M | €2.03M | €-1.20M | €158k | ▲ 113% |
| + Depreciation and write-downs630 | €744k | €1.09M | €1.19M | €3.10M | €3.39M | ▲ 9.5% |
| Operating cash flow (approximation) | €1.66M | €2.87M | €3.22M | €1.90M | €3.55M | ▲ 87.3% |
| Investment in fixed assets (approximation) | - | €-3.05M | €40k | €-5.24M | €-3.36M | ▲ 35.8% |
| Change in cash | - | €11k | €-1.57M | €-2k | €1.30M | ▲ 73,516% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 28 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
8 establishment units
Show 2 more locations
8 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44003A0212/00G000 | Flanders | 1.6 ha | 1 · 4,497 m² | 8.9 m · 2 fl. |
| 34012A0364/00B000 | Flanders | 1.2 ha | 1 · 8,205 m² | 8.6 m · 2 fl. |
| 71353E1318/00B000 | Flanders | 8,359 m² | 1 · 1,750 m² | - |
| 92095B0020/00M003 | Wallonia | 6,663 m² | 1 · 998 m² | 8.5 m · 2 fl. |
| 34012A0364/00C000 | Flanders | 5,154 m² | 1 · 28 m² | 7.0 m · 2 fl. |
| 13452M0529/00B000 | Flanders | 5,081 m² | 1 · 2,509 m² | 24.6 m |
| 44064B0153/00C000 | Flanders | 4,370 m² | 1 · 1,650 m² | 10.0 m · 1 fl. |
| 31003G0061/00R010 | Flanders | 397 m² | 1 · 256 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 63,593 EUR awarded · 63,593 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 13,893 EUR | 13,893 EUR |
| 2024 | 2 | 9,602 EUR | 9,602 EUR |
| 2023 | 2 | 5,743 EUR | 22,255 EUR |
| 2022 | 4 | 34,355 EUR | 17,843 EUR |
Recognitions · licences · registrations
Recognised contractor
8 categoriesDual-learning approval
12 live approvals · 16 endedShow 6 more
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