Active · per the CBE, 30 October 2026

E&H PROJECTS

BE0429611218

Rechtspersoon Private limited company 1 establishment

E&H PROJECTS is an electrical contractor in Genk. Private Limited, started on 21 October 1986, 1 establishment.

Hengelhoefstraat 166, 3600 Genk

Behind the company: AYHAN BILGIC.

Active for

40 year

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 17 to 4.8.

Financials

Financial year 2024

E&H PROJECTS from Genk, company number BE0429611218, closed financial year 2024 with a result of € 93,869 after tax. For that financial year E&H PROJECTS recorded a gross margin of € 269,813 and equity of € 765,713. Compared with financial year 2023, the result moved from € 120,935 to € 93,869. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.

What it is worth Growing

€ 765,713

▲ 14% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 93,869

▼ 22% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 135,327

▼ 15% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 703,713.

People and assets in 2024

Full-time equivalents

4.8

▼ 1.5 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 156,460

▼ 44% vs 2023

€ 32,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 18,290

▼ 52% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 9,121

▼ 56% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 8.9 million

▲ 12% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 54,355

▼ 48% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 1,083,303 € 734,470 € 936,292 € 269,813 ▼ 71%
Profit after taxes € 98,537 € 199,949 € 120,935 € 93,869 ▼ 22%
Equity € 350,959 € 550,909 € 671,844 € 765,713 ▲ 14%
Total debts € 3,718,523 € 7,286,571 € 8,100,334 € 9,015,879 ▲ 11%
Cash € 417,096 € 60,773 € 158,743 € 135,327 ▼ 15%
Land & buildings € 388 € 20,966 € 18,572 € 16,373 ▼ 12%
Retained profit € 288,959 € 488,909 € 609,844 € 703,713 ▲ 15%
Bank debt € 67,793 € 44,413 € 20,847 € 9,121 ▼ 56%
Balance sheet total € 4,138,493 € 7,906,490 € 8,841,188 € 9,850,603 ▲ 11%
Employees (FTE) 25.2 17 6.3 4.8 ▼ 1.5

Key figures of E&H PROJECTS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to E&H PROJECTS?

What happened at E&H PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: profit of € 93,869 (▼ 22% vs 2023). filed late Source: NBB ↗
  • YILDIRIM CAR stepped down as director. NBB
  • AYHAN BILGIC became a director. NBB
  • YILDIRIM CAR became a director. NBB
  • New establishment in Genk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 98,537 profit in 2021 to € 93,869 profit in 2024.

Paid € 187,816 in corporate taxes since 2021.

Best year ever: 2022, with € 199,949 profit.

On average € 56,200 of value added per employee in 2024.

Management

AYHAN BILGIC

Behind E&H PROJECTS is AYHAN BILGIC. AYHAN BILGIC is also behind Work2Do, EH GROEP and EH SERVICES.

Directors

According to the 2024 annual accounts

AYHAN BILGIC

Managing director

Also active at: Work2Do, EH GROEP, EH SERVICES

since 2021

YILDIRIM CAR

Director

Also active at: EH SERVICES

since 2021 · until 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Hengelhoefstraat 166

3600 Genk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0429.611.218
VAT number
BE 0429.611.218
Registered office
Hengelhoefstraat 166, 3600 Genk
Names & denominations
E&H PROJECTS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
21 October 1986
Peppol
Active · Active since 10 Sept 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Installatie van isolatie

Isolatiewerkzaamheden

Frequently asked questions

What does E&H PROJECTS do?
E&H PROJECTS is an electrical contractor in Genk. Private Limited, started on 21 October 1986, 1 establishment.
What is the address of E&H PROJECTS?
The registered office of E&H PROJECTS is located at Hengelhoefstraat 166, 3600 Genk.
Is E&H PROJECTS still active?
Yes. According to the CBE (30 October 2026) E&H PROJECTS is active, legal situation “Normale toestand”, started on 21 October 1986.
Is E&H PROJECTS registered on Peppol?
Yes, E&H PROJECTS is registered on the Peppol network with ID 0208:0429611218.
What is the enterprise number of E&H PROJECTS?
The enterprise number of E&H PROJECTS is BE0429611218.
When was E&H PROJECTS founded?
E&H PROJECTS was founded on 21 October 1986.