Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HULLYNCK from Tielt, company number BE0443712939, closed financial year 2025 with a result of € -173,121 after tax. For that financial year HULLYNCK recorded a gross margin of € 681,856 and equity of € 6.9 million. Compared with financial year 2024, the result moved from € -216,253 to € -173,121. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 6.9 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -173,121
▲ 20 % less loss than in 2024
Profit after tax over the fiscal year.
€ 44,794
▲ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,316.
People and assets in 2025
€ 93,299
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
▼ 1% vs 2024
€ 573,263 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 31,196
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,156
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 493,672 | € 657,475 | € 924,164 | € 681,856 | ▼ 26% |
| Profit after taxes | € -329,872 | € -459,427 | € -216,253 | € -173,121 | ▲ € 43,132 |
| Equity | € 7,782,403 | € 7,322,976 | € 7,043,106 | € 6,865,929 | ▼ 3% |
| Total debts | € 7,680,234 | € 9,100,468 | € 9,799,692 | € 9,163,904 | ▼ 6% |
| Cash | € 74,588 | € 26,345 | € 24,992 | € 44,794 | ▲ 79% |
| Land & buildings | € 10,255,621 | € 11,244,197 | € 10,851,629 | € 10,616,526 | ▼ 2% |
| Retained profit | € 39,380 | € -113,943 | € -45,518 | € -12,316 | ▲ € 33,202 |
| Bank debt | € 6,002,754 | € 7,821,526 | € 7,142,792 | € 7,090,320 | ▼ 1% |
| Balance sheet total | € 15,586,438 | € 16,543,929 | € 17,016,957 | € 16,204,678 | ▼ 5% |
Key figures of HULLYNCK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HULLYNCK?
What happened at HULLYNCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 173,121. filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 329,872 loss in 2022 to € 173,121 loss in 2025.
Paid € 12,182 in corporate taxes since 2022.
Management
Behind HULLYNCK is Karel Vlaemynck. It owns 100% of West - Buro itself.
Directors
According to the 2025 annual accounts
Karel Vlaemynck
Director
Also active at: COLLEGESITE, COLLEGESITE RETAIL, VVM TIELT, Vlaemynck Invest
Establishments
Establishment units
Physical locations of this company
Sint-Janstraat 185
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →MANITOBA - MUYLLE
€ -3,571 gross margin · 2025
DE SNEPPE
CASTRA
€ 23,369 gross margin · 2025
Spartathlon and more
€ 5,668 gross margin · 2025
TIELT CONNECTION
+29 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.712.939
- VAT number
- BE 0443.712.939
- Registered office
- Sint-Janstraat 185, 8700 Tielt
- Names & denominations
- HULLYNCK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1991
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Activiteiten van holdings
Activiteiten van syndici van onroerend goed
Handel in eigen onroerend goed
Holdings