NOTARIS HILDE ENGELS: what changed
What changed
NOTARIS HILDE ENGELS
NACE 69.102, Activities of notaries
filed annual accounts (NBB)
Net result for the year
-€58,729
2024 · €301-€59,030
Equity
€195,541
2024 · €254,269-€58,729
Cash
€378,749
2024 · €473,123-€94,374
Balance sheet total
€418,802
2024 · €542,840-€124,038
Largest movements
Assets
- Cash -€94,374
down €94,374 (-19.9%), from €473,123 to €378,749
mainly Net result for the year (-€58,729) and Other debts (-€44,999)
- Receivables within one year -€25,326
down €25,326 (-44.6%), from €56,838 to €31,512
of which Trade receivables: -€21,823
Equity and liabilities
- Profit (loss) carried forward -€58,729
down €58,729, from €0 to -€58,729
- Other debts -€44,999
down €44,999 (-36.8%), from €122,307 to €77,308
- Trade debts -€14,119
down €14,119 (-42.1%), from €33,529 to €19,411
- Debts after one year -€9,567
down €9,567 (-20.7%), from €46,240 to €36,673
Income statement
- Gross operating margin -€51,024
down €51,024 (-18.6%), from €274,854 to €223,831
- Staff costs +€33,615
up €33,615 (+13.8%), from €243,938 to €277,553
- Depreciation -€16,239
down €16,239 (-84.0%), from €19,331 to €3,092
- Financial income +€4,919
up €4,919 (+107%), from €4,581 to €9,500
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
€301
Gross operating margin
-€51,024
Staff costs
-€33,615
Depreciation
+€16,239
Other operating charges
+€2,726
Financial income
+€4,919
Financial charges
+€351
Taxes
+€1,374
Result 2025
-€58,729
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
-€84,807
Investment
€0
Financing
-€9,567
Cash 2024
€473,123
From operations (derived)
-€84,807
Net result for the year
-€58,729
Depreciation
+€3,092
Receivables within one year
+€25,326
Deferred charges and accrued income
+€1,247
Trade debts
-€14,119
Tax, wage and social debts
+€3,502
Other debts
-€44,999
Accrued charges and deferred income
-€127
Financing
-€9,567
Debts after one year
-€9,567
Cash 2025
€378,749
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €542,840 | €418,802 | -€124,038 | -22.8% |
| Fixed assets | 21/28 | €9,843 | €6,751 | -€3,092 | -31.4% |
| Tangible fixed assets | 22/27 | €9,843 | €6,751 | -€3,092 | -31.4% |
| Furniture and vehicles | 24 | €1,021 | €59 | -€962 | -94.2% |
| Other tangible fixed assets | 26 | €8,821 | €6,691 | -€2,130 | -24.1% |
| Current assets | 29/58 | €532,997 | €412,051 | -€120,946 | -22.7% |
| Amounts receivable within one year | 40/41 | €56,838 | €31,512 | -€25,326 | -44.6% |
| Trade receivables | 40 | €52,625 | €30,802 | -€21,823 | -41.5% |
| Other amounts receivable | 41 | €4,213 | €710 | -€3,503 | -83.2% |
| Cash at bank and in hand | 54/58 | €473,123 | €378,749 | -€94,374 | -19.9% |
| Deferred charges and accrued income | 490/1 | €3,037 | €1,790 | -€1,247 | -41.0% |
| Total equity and liabilities | 10/49 | €542,840 | €418,802 | -€124,038 | -22.8% |
| Equity | 10/15 | €254,269 | €195,541 | -€58,729 | -23.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €234,269 | €234,269 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €232,269 | €232,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€58,729 | -€58,729 | |
| Amounts payable | 17/49 | €288,571 | €223,261 | -€65,310 | -22.6% |
| Amounts payable after more than one year | 17 | €46,240 | €36,673 | -€9,567 | -20.7% |
| Financial debts | 170/4 | €46,240 | €36,673 | -€9,567 | -20.7% |
| Amounts payable within one year | 42/48 | €241,709 | €186,094 | -€55,615 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €9,567 | €9,567 | = | 0.0% |
| Trade debts | 44 | €33,529 | €19,411 | -€14,119 | -42.1% |
| Suppliers | 440/4 | €33,529 | €19,411 | -€14,119 | -42.1% |
| Taxes, remuneration and social security | 45 | €76,306 | €79,808 | +€3,502 | +4.6% |
| Taxes | 450/3 | €47,227 | €36,247 | -€10,979 | -23.2% |
| Remuneration and social security | 454/9 | €29,079 | €43,561 | +€14,482 | +49.8% |
| Other amounts payable | 47/48 | €122,307 | €77,308 | -€44,999 | -36.8% |
| Accrued charges and deferred income | 492/3 | €622 | €494 | -€127 | -20.5% |
| Remuneration, social security and pensions | 62 | €243,938 | €277,553 | +€33,615 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,331 | €3,092 | -€16,239 | -84.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €11,091 | €8,365 | -€2,726 | -24.6% |
| Gross operating margin | 9900 | €274,854 | €223,831 | -€51,024 | -18.6% |
| Operating profit (loss) | 9901 | €495 | -€65,179 | -€65,674 | |
| Financial income | 75/76B | €4,581 | €9,500 | +€4,919 | +107% |
| Recurring financial income | 75 | €4,581 | €9,500 | +€4,919 | +107% |
| Financial charges | 65/66B | €2,915 | €2,565 | -€351 | -12.0% |
| Recurring financial charges | 65 | €2,915 | €2,565 | -€351 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €2,161 | -€58,243 | -€60,404 | |
| Income taxes | 67/77 | €1,859 | €486 | -€1,374 | -73.9% |
| Profit (loss) for the period | 9904 | €301 | -€58,729 | -€59,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €301 | -€58,729 | -€59,030 |
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 7 November 2026 via checked.be.