Financials
Financial year 2026
Hula from Kortrijk, company number BE0505803827, closed financial year 2026 with a result of € -12,064 after tax. For that financial year Hula recorded a gross margin of € 518,198 and equity of € 159,499. Compared with financial year 2025, the result moved from € 6,456 to € -12,064. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 159,499
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,064
▼ still € 6,456 profit in 2025
Profit after tax over the fiscal year.
€ 39,999
▼ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 79,499.
People and assets in 2026
8.3
▲ 0.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 490,099
▲ 18% vs 2025
€ 59,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 61,367
▲ € 51,551 vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 178,251
▲ 19% vs 2025
€ 7,159 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 138,371
▲ 132% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 84,147
▲ 3% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 495,602 | € 474,429 | € 462,219 | € 518,198 | ▲ 12% |
| Profit after taxes | € 69,490 | € 38,385 | € 6,456 | € -12,064 | ▼ € 18,520 |
| Equity | € 146,721 | € 165,106 | € 171,563 | € 159,499 | ▼ 7% |
| Total debts | € 401,646 | € 395,244 | € 394,507 | € 496,358 | ▲ 26% |
| Cash | € 163,981 | € 206,976 | € 199,659 | € 39,999 | ▼ 80% |
| Retained profit | € 66,721 | € 85,106 | € 91,563 | € 79,499 | ▼ 13% |
| Dividend | € 30,000 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 150,000 | € 150,000 | € 150,000 | € 178,251 | ▲ 19% |
| Balance sheet total | € 548,366 | € 560,350 | € 566,069 | € 655,856 | ▲ 16% |
| Employees (FTE) | 6.5 | 7 | 7.9 | 8.3 | ▲ 0.4 |
Key figures of Hula, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Hula?
What happened at Hula in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 12,064 (▼ € 18,520 vs 2025). Source: NBB ↗
- THIJST became a director. NBB
- Thijs Clinckemaillie became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,490 profit in 2023 to € 12,064 loss in 2026.
Paid € 1,248 in corporate taxes since 2023.
Best year ever: 2023, with € 69,490 profit.
On average € 62,400 of value added per employee in 2026.
Management
Behind Hula are THIJST and Thijs Clinckemaillie. Thijs Clinckemaillie is also behind DIVERMO, INVEL and THIJST.
Establishments
Establishment units
Physical locations of this company
Wittestraat(Heu) 2
8501 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.803.827
- VAT number
- BE 0505.803.827
- Registered office
- Wittestraat(Heu) 2, 8501 Kortrijk
- Names & denominations
- Hula
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2014
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen