HULSBOSCH CONSTRUCTIEBEDRIJF: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HULSBOSCH CONSTRUCTIEBEDRIJF
Largest movements
- Cash +€114,933
up €114,933 (+77.5%), from €148,348 to €263,281
mainly Trade debts (+€116,497) and Net result for the year (+€11,841)
- Receivables within one year +€27,330
up €27,330 (+16.0%), from €170,489 to €197,819
of which Other amounts receivable: +€42,891
- Stocks and contracts -€9,984
down €9,984 (-87.5%), from €11,408 to €1,424
- Trade debts +€116,497
up €116,497 (+115%), from €101,356 to €217,853
- Reserves +€11,841
up €11,841 (+11.8%), from €100,264 to €112,106
of which Distributable reserves: +€11,841
- Gross operating margin +€5,950
up €5,950 (+8.3%), from €71,548 to €77,497
- Staff costs +€1,584
up €1,584 (+2.7%), from €57,960 to €59,544
- Financial income -€981
down €981 (-89.0%), from €1,103 to €121
- Taxes +€879
up €879 (+30.5%), from €2,879 to €3,758
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,250 | €466,079 | +€130,829 | +39.0% |
| Fixed assets | 21/28 | €5,005 | €3,555 | -€1,450 | -29.0% |
| Tangible fixed assets | 22/27 | €5,005 | €3,555 | -€1,450 | -29.0% |
| Plant, machinery and equipment | 23 | €5,005 | €3,555 | -€1,450 | -29.0% |
| Current assets | 29/58 | €330,245 | €462,524 | +€132,279 | +40.1% |
| Stocks and contracts in progress | 3 | €11,408 | €1,424 | -€9,984 | -87.5% |
| Stocks | 30/36 | €11,408 | €1,424 | -€9,984 | -87.5% |
| Amounts receivable within one year | 40/41 | €170,489 | €197,819 | +€27,330 | +16.0% |
| Trade receivables | 40 | €149,865 | €134,305 | -€15,561 | -10.4% |
| Other amounts receivable | 41 | €20,623 | €63,514 | +€42,891 | +208% |
| Cash at bank and in hand | 54/58 | €148,348 | €263,281 | +€114,933 | +77.5% |
| Total equity and liabilities | 10/49 | €335,250 | €466,079 | +€130,829 | +39.0% |
| Equity | 10/15 | €225,264 | €237,106 | +€11,841 | +5.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €100,264 | €112,106 | +€11,841 | +11.8% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €87,764 | €99,606 | +€11,841 | +13.5% |
| Amounts payable | 17/49 | €109,986 | €228,974 | +€118,988 | +108% |
| Amounts payable within one year | 42/48 | €109,986 | €228,974 | +€118,988 | +108% |
| Trade debts | 44 | €101,356 | €217,853 | +€116,497 | +115% |
| Suppliers | 440/4 | €101,356 | €217,853 | +€116,497 | +115% |
| Taxes, remuneration and social security | 45 | €8,630 | €11,120 | +€2,490 | +28.9% |
| Taxes | 450/3 | €1,619 | €3,906 | +€2,287 | +141% |
| Remuneration and social security | 454/9 | €7,011 | €7,214 | +€204 | +2.9% |
| Remuneration, social security and pensions | 62 | €57,960 | €59,544 | +€1,584 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,450 | €1,450 | = | 0.0% |
| Other operating charges | 640/8 | €573 | €589 | +€16 | +2.8% |
| Gross operating margin | 9900 | €71,548 | €77,497 | +€5,950 | +8.3% |
| Operating profit (loss) | 9901 | €11,565 | €15,915 | +€4,349 | +37.6% |
| Financial income | 75/76B | €1,103 | €121 | -€981 | -89.0% |
| Recurring financial income | 75 | €1,103 | €121 | -€981 | -89.0% |
| Financial charges | 65/66B | €438 | €436 | -€2 | -0.5% |
| Recurring financial charges | 65 | €438 | €436 | -€2 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €12,230 | €15,600 | +€3,370 | +27.6% |
| Income taxes | 67/77 | €2,879 | €3,758 | +€879 | +30.5% |
| Profit (loss) for the period | 9904 | €9,351 | €11,841 | +€2,491 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,351 | €11,841 | +€2,491 | +26.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.