HAWXY: 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.
HAWXY
Largest movements
- Cash +€87,433
up €87,433 (+151%), from €57,942 to €145,374
mainly Net result for the year (+€81,551) and Tax, wage and social debts (+€10,468)
- Tangible fixed assets +€3,044
up €3,044 (+292%), from €1,043 to €4,087
of which Other tangible fixed assets: +€3,457
- Receivables within one year +€2,879
up €2,879 (+13.1%), from €21,961 to €24,841
of which Other amounts receivable: +€3,413
- Reserves +€81,551
up €81,551 (+148%), from €55,232 to €136,782
- Tax, wage and social debts +€10,468
up €10,468 (+48.6%), from €21,524 to €31,991
- Gross operating margin +€34,553
up €34,553 (+48.9%), from €70,620 to €105,173
- Taxes +€7,026
up €7,026 (+50.4%), from €13,932 to €20,958
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 | €81,240 | €174,911 | +€93,670 | +115% |
| Fixed assets | 21/28 | €1,043 | €4,087 | +€3,044 | +292% |
| Tangible fixed assets | 22/27 | €1,043 | €4,087 | +€3,044 | +292% |
| Plant, machinery and equipment | 23 | €1,043 | €629 | -€413 | -39.6% |
| Other tangible fixed assets | 26 | - | €3,457 | +€3,457 | |
| Current assets | 29/58 | €80,198 | €170,824 | +€90,626 | +113% |
| Amounts receivable within one year | 40/41 | €21,961 | €24,841 | +€2,879 | +13.1% |
| Trade receivables | 40 | €15,730 | €15,196 | -€534 | -3.4% |
| Other amounts receivable | 41 | €6,231 | €9,644 | +€3,413 | +54.8% |
| Cash at bank and in hand | 54/58 | €57,942 | €145,374 | +€87,433 | +151% |
| Deferred charges and accrued income | 490/1 | €294 | €609 | +€314 | +107% |
| Total equity and liabilities | 10/49 | €81,240 | €174,911 | +€93,670 | +115% |
| Equity | 10/15 | €59,332 | €140,882 | +€81,551 | +137% |
| Contributions | 10/11 | €4,100 | €4,100 | = | 0.0% |
| Reserves | 13 | €55,232 | €136,782 | +€81,551 | +148% |
| Distributable reserves | 133 | €55,232 | €136,782 | +€81,551 | +148% |
| Amounts payable | 17/49 | €21,909 | €34,029 | +€12,120 | +55.3% |
| Amounts payable within one year | 42/48 | €21,909 | €34,029 | +€12,120 | +55.3% |
| Trade debts | 44 | €385 | €2,037 | +€1,652 | +429% |
| Suppliers | 440/4 | €385 | €2,037 | +€1,652 | +429% |
| Taxes, remuneration and social security | 45 | €21,524 | €31,991 | +€10,468 | +48.6% |
| Taxes | 450/3 | €21,524 | €31,991 | +€10,468 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197 | €942 | +€745 | +378% |
| Gross operating margin | 9900 | €70,620 | €105,173 | +€34,553 | +48.9% |
| Operating profit (loss) | 9901 | €70,423 | €104,232 | +€33,808 | +48.0% |
| Financial income | 75/76B | €90 | €441 | +€351 | +388% |
| Recurring financial income | 75 | €90 | €441 | +€351 | +388% |
| Financial charges | 65/66B | €1,351 | €2,165 | +€814 | +60.2% |
| Recurring financial charges | 65 | €1,351 | €2,165 | +€814 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €69,163 | €102,508 | +€33,345 | +48.2% |
| Income taxes | 67/77 | €13,932 | €20,958 | +€7,026 | +50.4% |
| Profit (loss) for the period | 9904 | €55,232 | €81,551 | +€26,319 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,232 | €81,551 | +€26,319 | +47.7% |
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 28 October 2026 via checked.be.