Hulshout Plastics: 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.
Hulshout Plastics
Largest movements
- Receivables within one year +€11,340
up €11,340 (+152.7%), from €7,428 to €18,768
of which Trade receivables: +€11,315
- Tangible fixed assets -€4,595
down €4,595 (-52.5%), from €8,752 to €4,157
of which Furniture and vehicles: -€3,350
- Cash +€837
up €837 (+13.4%), from €6,239 to €7,076
mainly Trade debts (+€6,176) and Depreciation (+€5,334)
- Trade debts +€6,176
up €6,176 (+227.0%), from €2,721 to €8,897
- Profit (loss) carried forward +€4,576
up €4,576 (+192.7%), from €2,374 to €6,950
- Current portion of long-term debt -€4,080
down €4,080 (-74.1%), from €5,503 to €1,423
- Tax, wage and social debts +€1,466
up €1,466 (+68.1%), from €2,154 to €3,620
- Debts after one year -€1,423
no longer reported in 2025 (was €1,423)
- Gross operating margin +€8,172
up €8,172 (+209.2%), from €3,907 to €12,080
- Taxes +€968
up €968 (+10239.9%), from €9 to €977
- Financial charges -€329
down €329 (-46.9%), from €702 to €373
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.
Cash bridge derived
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 | €25,120 | €32,887 | +€7,767 | +30.9% |
| Fixed assets | 21/28 | €8,752 | €4,157 | -€4,595 | -52.5% |
| Tangible fixed assets | 22/27 | €8,752 | €4,157 | -€4,595 | -52.5% |
| Plant, machinery and equipment | 23 | €3,321 | €2,076 | -€1,245 | -37.5% |
| Furniture and vehicles | 24 | €5,432 | €2,081 | -€3,350 | -61.7% |
| Current assets | 29/58 | €16,368 | €28,730 | +€12,362 | +75.5% |
| Stocks and contracts in progress | 3 | €2,641 | €2,783 | +€142 | +5.4% |
| Stocks | 30/36 | €2,641 | €2,783 | +€142 | +5.4% |
| Amounts receivable within one year | 40/41 | €7,428 | €18,768 | +€11,340 | +152.7% |
| Trade receivables | 40 | €7,278 | €18,593 | +€11,315 | +155.5% |
| Other amounts receivable | 41 | €150 | €175 | +€25 | +16.7% |
| Cash at bank and in hand | 54/58 | €6,239 | €7,076 | +€837 | +13.4% |
| Deferred charges and accrued income | 490/1 | €61 | €103 | +€43 | +70.5% |
| Total equity and liabilities | 10/49 | €25,120 | €32,887 | +€7,767 | +30.9% |
| Equity | 10/15 | €3,374 | €7,950 | +€4,576 | +135.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,374 | €6,950 | +€4,576 | +192.7% |
| Amounts payable | 17/49 | €21,746 | €24,937 | +€3,191 | +14.7% |
| Amounts payable after more than one year | 17 | €1,423 | - | -€1,423 | |
| Financial debts | 170/4 | €1,423 | - | -€1,423 | |
| Amounts payable within one year | 42/48 | €20,323 | €24,937 | +€4,614 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €5,503 | €1,423 | -€4,080 | -74.1% |
| Trade debts | 44 | €2,721 | €8,897 | +€6,176 | +227.0% |
| Suppliers | 440/4 | €2,721 | €8,897 | +€6,176 | +227.0% |
| Taxes, remuneration and social security | 45 | €2,154 | €3,620 | +€1,466 | +68.1% |
| Taxes | 450/3 | €2,154 | €3,620 | +€1,466 | +68.1% |
| Other amounts payable | 47/48 | €9,945 | €10,997 | +€1,052 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,415 | €5,334 | -€81 | -1.5% |
| Other operating charges | 640/8 | €907 | €859 | -€48 | -5.3% |
| Gross operating margin | 9900 | €3,907 | €12,080 | +€8,172 | +209.2% |
| Operating profit (loss) | 9901 | -€2,415 | €5,887 | +€8,302 | |
| Financial income | 75/76B | €9 | €39 | +€31 | +350.7% |
| Recurring financial income | 75 | €9 | €39 | +€31 | +350.7% |
| Financial charges | 65/66B | €702 | €373 | -€329 | -46.9% |
| Recurring financial charges | 65 | €702 | €373 | -€329 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,108 | €5,553 | +€8,661 | |
| Income taxes | 67/77 | €9 | €977 | +€968 | +10239.9% |
| Profit (loss) for the period | 9904 | -€3,118 | €4,576 | +€7,693 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,118 | €4,576 | +€7,693 |
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 10 October 2026 via checked.be.