ACTIVE

HUL MANAGEMENT

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Financial year 2025 · closed on 31/12/2025
Net result
347,2 k €
+17.7% YoY
Gross margin
492 k €
+28.0% YoY
Equity
1,6 M €
+8.7% YoY

What does HUL MANAGEMENT do?

HUL MANAGEMENT is a Private limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0669.722.147
Incorporation
18/01/2017
Legal form
Private limited company
Registered office
Hopland 33 box 3.2
2000 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin492 k €384,5 k €381,2 k €406,7 k €337,1 k €113,3 k €319,7 k €986,2 k €255,4 k €
EBITDA490,9 k €383,4 k €380 k €406,5 k €336,2 k €112,3 k €319,2 k €985,3 k €255 k €
Operating result489,2 k €381,7 k €378,7 k €405,3 k €335,5 k €112,3 k €319,2 k €985,3 k €255 k €
Net result347,2 k €294,9 k €279,9 k €290,8 k €239,5 k €92,6 k €222,5 k €639,1 k €154,2 k €
Balance sheet
Equity1,6 M €1,4 M €1,8 M €1,7 M €1,4 M €1,1 M €1 M €811,9 k €172,8 k €
Total assets1,6 M €1,5 M €1,8 M €1,7 M €1,4 M €1,3 M €1,2 M €1 M €287,4 k €
Cash541,7 k €310,9 k €111,7 k €801,8 k €113,7 k €205,1 k €103,8 k €913,1 k €181,5 k €
Debts20,6 k €14,5 k €39,7 k €17 k €16,3 k €125,8 k €213,2 k €199,7 k €114,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Martine Hul

Director · since 17 janvier 2017

Active

Ended mandates

Martine Hul

Manager · since 17 janvier 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202616/07/202525/07/202419/07/202319/07/202210/06/2021
General meeting15/05/202627/06/202527/06/202430/06/202330/06/202215/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/05/202610/06/2026DutchPDF
Micro model31/12/202427/06/202516/07/2025DutchPDF
Micro model31/12/202327/06/202425/07/2024DutchPDF
Abridged model31/12/202230/06/202319/07/2023DutchPDF
Abridged model31/12/202130/06/202219/07/2022DutchPDF
Micro model31/12/202015/05/202110/06/2021DutchPDF
Micro model31/12/201930/06/202030/07/2020DutchPDF
Micro model31/12/201827/06/201923/07/2019DutchPDF
Micro model31/12/201715/06/201804/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Martine Hul

Director · since 17 janvier 2017

Active

Ended mandates

Martine Hul

Manager · since 17 janvier 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office30/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office24/03/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office26/06/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office24/05/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/01/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025347,2 k €↑
  2. 2024
    Annual accounts 2024294,9 k €↑
  3. 2023
    Annual accounts 2023279,9 k €↓
  4. 2022
    Annual accounts 2022290,8 k €↑
  5. 2021
    Annual accounts 2021239,5 k €↑
  6. 2020
    Annual accounts 202092,6 k €↓
  7. 2019
    Annual accounts 2019222,5 k €↓
  8. 2018
    Annual accounts 2018639,1 k €↑
  9. 2017
    Annual accounts 2017154,2 k €
  10. 18/01/2017
    IncorporationPrivate limited company