Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
hulstlo from Beernem, company number BE0728607481, closed financial year 2024 with a result of € 22,772 after tax. For that financial year hulstlo recorded a gross margin of € 133,249 and equity of € -1,440. Compared with financial year 2023, the result moved from € -10,245 to € 22,772. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ -1,440
▲ € 22,772 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,772
▲ still € 10,245 loss in 2023
Profit after tax over the fiscal year.
€ 22,322
▲ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -51,440.
People and assets in 2024
€ 60,906
▼ 68% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,124
▼ 78% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 102,387
▼ 33% vs 2023
€ 45,325 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,521
▲ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 11,267
▼ 78% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 174,225 | € 234,839 | € 238,380 | € 133,249 | ▼ 44% |
| Profit after taxes | € -13,226 | € -25,786 | € -10,245 | € 22,772 | ▲ € 33,016 |
| Equity | € 11,820 | € -13,967 | € -24,211 | € -1,440 | ▲ € 22,772 |
| Total debts | € 321,559 | € 276,450 | € 240,290 | € 178,285 | ▼ 26% |
| Cash | € 11,078 | € 11,958 | € 11,708 | € 22,322 | ▲ 91% |
| Retained profit | € -38,180 | € -63,967 | € -74,211 | € -51,440 | ▲ € 22,772 |
| Bank debt | € 251,582 | € 203,917 | € 151,861 | € 102,387 | ▼ 33% |
| Balance sheet total | € 333,378 | € 262,483 | € 216,078 | € 176,845 | ▼ 18% |
Key figures of hulstlo, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to hulstlo?
What happened at hulstlo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 22,772. filed late Source: NBB ↗
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,226 loss in 2021 to € 22,772 profit in 2024.
Paid € 667 in corporate taxes since 2021.
Best year ever: 2024, with € 22,772 profit.
A new publication or filing at hulstlo? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind hulstlo are Maarten De Cock and Christophe Nijs. The same people are also behind POPCORN.
Establishments
Establishment units
Physical locations of this company
Sint-Jorisstraat 82
8730 Beernem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.607.481
- VAT number
- BE 0728.607.481
- Registered office
- Sint-Jorisstraat 82, 8730 Beernem
- Names & denominations
- hulstlo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2019
- Peppol
- Active · Active since 21 Jan 2025
- Activities · NACE
Catering van evenementen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Organisatie van congressen en beurzen