HULLAERT GREGORY CONSULT: what changed
What changed
HULLAERT GREGORY CONSULT
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
-€18,754
2024 · -€11,363-€7,391
Equity
€64,259
2024 · €83,013-€18,754
Cash
€22,832
2024 · €19,860+€2,972
Balance sheet total
€679,638
2024 · €677,385+€2,253
Largest movements
Assets
- Tangible fixed assets -€9,702
down €9,702 (-1.5%), from €632,480 to €622,778
of which Land and buildings: -€9,720
- Receivables within one year +€8,983
up €8,983 (+35.9%), from €25,045 to €34,028
of which Trade receivables: +€8,812
Equity and liabilities
- Other debts +€44,336
up €44,336 (+67.2%), from €66,000 to €110,336
- Debts after one year -€20,436
down €20,436 (-4.1%), from €501,676 to €481,240
- Profit (loss) carried forward -€18,754
down €18,754, from €12,574 to -€6,180
Income statement
- Financial charges +€31,047
up €31,047 (+47.2%), from €65,752 to €96,799
- Gross operating margin +€23,231
up €23,231 (+34.6%), from €67,111 to €90,342
- Depreciation -€1,240
down €1,240 (-10.3%), from €12,054 to €10,814
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
-€11,363
Gross operating margin
+€23,231
Depreciation
+€1,240
Other operating charges
-€818
Financial charges
-€31,047
Taxes
+€2
Result 2025
-€18,754
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
+€22,180
Investment
-€1,111
Financing
-€18,097
Cash 2024
€19,860
From operations (derived)
+€22,180
Net result for the year
-€18,754
Depreciation
+€10,814
Receivables within one year
-€8,983
Trade debts
-€4,849
Tax, wage and social debts
-€384
Other debts
+€44,336
Investment (derived)
-€1,111
Investment in fixed assets (net)
-€1,111
Financing
-€18,097
Debts after one year
-€20,436
Current portion of long-term debt
+€2,339
Contributions, distributions and other
-€0
Cash 2025
€22,832
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €677,385 | €679,638 | +€2,253 | +0.3% |
| Fixed assets | 21/28 | €632,480 | €622,778 | -€9,702 | -1.5% |
| Tangible fixed assets | 22/27 | €632,480 | €622,778 | -€9,702 | -1.5% |
| Land and buildings | 22 | €630,902 | €621,182 | -€9,720 | -1.5% |
| Plant, machinery and equipment | 23 | €1,360 | €471 | -€889 | -65.4% |
| Furniture and vehicles | 24 | €218 | €1,125 | +€907 | +416% |
| Current assets | 29/58 | €44,905 | €56,860 | +€11,955 | +26.6% |
| Amounts receivable within one year | 40/41 | €25,045 | €34,028 | +€8,983 | +35.9% |
| Trade receivables | 40 | €25,000 | €33,812 | +€8,812 | +35.2% |
| Other amounts receivable | 41 | €45 | €217 | +€172 | +382% |
| Cash at bank and in hand | 54/58 | €19,860 | €22,832 | +€2,972 | +15.0% |
| Total equity and liabilities | 10/49 | €677,385 | €679,638 | +€2,253 | +0.3% |
| Equity | 10/15 | €83,013 | €64,259 | -€18,754 | -22.6% |
| Contributions | 10/11 | €450 | €450 | = | 0.0% |
| Reserves | 13 | €69,989 | €69,989 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | - | €45 | +€45 | |
| Reserves not available under the articles | 1311 | - | €45 | +€45 | |
| Tax-exempt reserves | 132 | €45 | - | -€45 | |
| Distributable reserves | 133 | €69,944 | €69,944 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €12,574 | -€6,180 | -€18,754 | |
| Amounts payable | 17/49 | €594,372 | €615,379 | +€21,007 | +3.5% |
| Amounts payable after more than one year | 17 | €501,676 | €481,240 | -€20,436 | -4.1% |
| Financial debts | 170/4 | €501,676 | €481,240 | -€20,436 | -4.1% |
| Amounts payable within one year | 42/48 | €92,696 | €134,139 | +€41,443 | +44.7% |
| Current portion of amounts payable after more than one year | 42 | €18,096 | €20,435 | +€2,339 | +12.9% |
| Trade debts | 44 | €6,580 | €1,731 | -€4,849 | -73.7% |
| Suppliers | 440/4 | €6,580 | €1,731 | -€4,849 | -73.7% |
| Taxes, remuneration and social security | 45 | €2,020 | €1,636 | -€384 | -19.0% |
| Taxes | 450/3 | €2,020 | €1,636 | -€384 | -19.0% |
| Other amounts payable | 47/48 | €66,000 | €110,336 | +€44,336 | +67.2% |
| Non-recurring operating income | 76A | - | €21,481 | +€21,481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,054 | €10,814 | -€1,240 | -10.3% |
| Other operating charges | 640/8 | €488 | €1,306 | +€818 | +168% |
| Gross operating margin | 9900 | €67,111 | €90,342 | +€23,231 | +34.6% |
| Operating profit (loss) | 9901 | €54,569 | €78,223 | +€23,654 | +43.3% |
| Financial income | 75/76B | €5 | €5 | = | 0.0% |
| Recurring financial income | 75 | €5 | €5 | = | 0.0% |
| Financial charges | 65/66B | €65,752 | €96,799 | +€31,047 | +47.2% |
| Recurring financial charges | 65 | €65,752 | €96,799 | +€31,047 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,178 | -€18,571 | -€7,393 | -66.1% |
| Income taxes | 67/77 | €185 | €183 | -€2 | -1.0% |
| Profit (loss) for the period | 9904 | -€11,363 | -€18,754 | -€7,391 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,363 | -€18,754 | -€7,391 | -65.0% |
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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.