NOTARIS HULSBOSCH: 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.
NOTARIS HULSBOSCH
Largest movements
- Cash +€66,133
up €66,133 (+62.0%), from €106,728 to €172,861
mainly Current investments (+€50,000) and Net result for the year (+€47,992)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€26,913
down €26,913 (-88.6%), from €30,387 to €3,473
of which Trade receivables: -€19,056
- Tangible fixed assets -€2,360
down €2,360 (-43.4%), from €5,442 to €3,082
- Reserves -€16,343
down €16,343 (-9.5%), from €171,347 to €155,004
of which Distributable reserves: -€15,041
- Tax, wage and social debts +€2,036
up €2,036 (+23.7%), from €8,586 to €10,622
- Gross operating margin +€6,186
up €6,186 (+9.4%), from €65,977 to €72,164
- Taxes -€2,470
down €2,470 (-12.1%), from €20,422 to €17,952
- Depreciation +€936
up €936 (+65.7%), from €1,424 to €2,360
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 | €201,511 | €188,036 | -€13,475 | -6.7% |
| Fixed assets | 21/28 | €5,442 | €3,082 | -€2,360 | -43.4% |
| Tangible fixed assets | 22/27 | €5,442 | €3,082 | -€2,360 | -43.4% |
| Plant, machinery and equipment | 23 | €5,442 | €3,082 | -€2,360 | -43.4% |
| Current assets | 29/58 | €196,069 | €184,954 | -€11,115 | -5.7% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,387 | €3,473 | -€26,913 | -88.6% |
| Trade receivables | 40 | €22,135 | €3,079 | -€19,056 | -86.1% |
| Other amounts receivable | 41 | €8,251 | €394 | -€7,857 | -95.2% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €106,728 | €172,861 | +€66,133 | +62.0% |
| Deferred charges and accrued income | 490/1 | €3,954 | €3,619 | -€335 | -8.5% |
| Total equity and liabilities | 10/49 | €201,511 | €188,036 | -€13,475 | -6.7% |
| Equity | 10/15 | €189,947 | €173,604 | -€16,343 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €171,347 | €155,004 | -€16,343 | -9.5% |
| Non-distributable reserves | 130/1 | €1,302 | €0 | -€1,302 | -100% |
| Reserves not available under the articles | 1311 | €1,302 | €0 | -€1,302 | -100% |
| Distributable reserves | 133 | €170,045 | €155,004 | -€15,041 | -8.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,564 | €14,431 | +€2,868 | +24.8% |
| Amounts payable within one year | 42/48 | €11,433 | €14,193 | +€2,760 | +24.1% |
| Trade debts | 44 | €2,848 | €3,571 | +€724 | +25.4% |
| Suppliers | 440/4 | €2,848 | €3,571 | +€724 | +25.4% |
| Taxes, remuneration and social security | 45 | €8,586 | €10,622 | +€2,036 | +23.7% |
| Taxes | 450/3 | €8,586 | €10,622 | +€2,036 | +23.7% |
| Accrued charges and deferred income | 492/3 | €130 | €238 | +€108 | +82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,424 | €2,360 | +€936 | +65.7% |
| Other operating charges | 640/8 | €1,106 | €1,256 | +€150 | +13.5% |
| Gross operating margin | 9900 | €65,977 | €72,164 | +€6,186 | +9.4% |
| Operating profit (loss) | 9901 | €63,447 | €68,548 | +€5,101 | +8.0% |
| Financial income | 75/76B | €1,400 | €1,750 | +€350 | +25.0% |
| Recurring financial income | 75 | €1,400 | €1,750 | +€350 | +25.0% |
| Financial charges | 65/66B | €4,259 | €4,354 | +€95 | +2.2% |
| Recurring financial charges | 65 | €4,259 | €4,354 | +€95 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €60,588 | €65,944 | +€5,356 | +8.8% |
| Income taxes | 67/77 | €20,422 | €17,952 | -€2,470 | -12.1% |
| Profit (loss) for the period | 9904 | €40,166 | €47,992 | +€7,826 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,166 | €47,992 | +€7,826 | +19.5% |
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 31 October 2026 via checked.be.