LA HULPE 110: what changed
What changed
LA HULPE 110
filed annual accounts (NBB)
Net result for the year
-€24,328
2024 · €13,393-€37,721
Equity
€265,238
2024 · €289,566-€24,328
Cash
€255
2024 · €3,748-€3,492
Balance sheet total
€427,409
2024 · €440,797-€13,388
Largest movements
Assets
- Tangible fixed assets -€12,783
down €12,783 (-6.6%), from €192,952 to €180,170
Equity and liabilities
- Profit (loss) carried forward -€24,328
down €24,328 (-32.0%), from €76,106 to €51,778
- Accrued charges and deferred income +€7,801
new in 2025: €7,801
Income statement
- Gross operating margin -€44,930
down €44,930, from €43,090 to -€1,840
- Taxes -€5,017
no longer reported in 2025 (was €5,017)
- Other operating charges -€1,774
down €1,774 (-15.5%), from €11,479 to €9,705
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
€13,393
Gross operating margin
-€44,930
Other operating charges
+€1,774
Financial charges
+€419
Taxes
+€5,017
Result 2025
-€24,328
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
-€3,492
Investment
€0
Financing
€0
Cash 2024
€3,748
From operations (derived)
-€3,492
Net result for the year
-€24,328
Depreciation
+€12,783
Receivables within one year
-€2,887
Trade debts
+€400
Tax, wage and social debts
+€1,505
Other debts
+€1,235
Accrued charges and deferred income
+€7,801
Cash 2025
€255
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,797 | €427,409 | -€13,388 | -3.0% |
| Fixed assets | 21/28 | €429,052 | €416,270 | -€12,783 | -3.0% |
| Tangible fixed assets | 22/27 | €192,952 | €180,170 | -€12,783 | -6.6% |
| Land and buildings | 22 | €192,952 | €180,170 | -€12,783 | -6.6% |
| Financial fixed assets | 28 | €236,100 | €236,100 | = | 0.0% |
| Current assets | 29/58 | €11,744 | €11,139 | -€605 | -5.2% |
| Amounts receivable within one year | 40/41 | €7,997 | €10,884 | +€2,887 | +36.1% |
| Other amounts receivable | 41 | €7,997 | €10,884 | +€2,887 | +36.1% |
| Cash at bank and in hand | 54/58 | €3,748 | €255 | -€3,492 | -93.2% |
| Total equity and liabilities | 10/49 | €440,797 | €427,409 | -€13,388 | -3.0% |
| Equity | 10/15 | €289,566 | €265,238 | -€24,328 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,860 | €194,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €193,000 | €193,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,106 | €51,778 | -€24,328 | -32.0% |
| Amounts payable | 17/49 | €151,231 | €162,171 | +€10,940 | +7.2% |
| Amounts payable after more than one year | 17 | €133,322 | €133,322 | = | 0.0% |
| Other amounts payable | 178/9 | €133,322 | €133,322 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,909 | €21,048 | +€3,139 | +17.5% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €17,909 | €19,414 | +€1,505 | +8.4% |
| Taxes | 450/3 | €17,909 | €19,414 | +€1,505 | +8.4% |
| Other amounts payable | 47/48 | - | €1,235 | +€1,235 | |
| Accrued charges and deferred income | 492/3 | - | €7,801 | +€7,801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,783 | €12,783 | = | 0.0% |
| Other operating charges | 640/8 | €11,479 | €9,705 | -€1,774 | -15.5% |
| Gross operating margin | 9900 | €43,090 | -€1,840 | -€44,930 | |
| Operating profit (loss) | 9901 | €18,828 | -€24,328 | -€43,156 | |
| Financial charges | 65/66B | €419 | - | -€419 | |
| Recurring financial charges | 65 | €419 | - | -€419 | |
| Profit (loss) for the period before taxes | 9903 | €18,409 | -€24,328 | -€42,737 | |
| Income taxes | 67/77 | €5,017 | - | -€5,017 | |
| Profit (loss) for the period | 9904 | €13,393 | -€24,328 | -€37,721 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,393 | -€24,328 | -€37,721 |
Next steps
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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 8 November 2026 via checked.be.