HEX Advies & Beheer: 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.
HEX Advies & Beheer
Largest movements
- Cash +€173,106
up €173,106 (+139%), from €124,124 to €297,230
mainly Net result for the year (+€120,526) and Tax, wage and social debts (+€50,228)
- Reserves +€120,526
up €120,526 (+139%), from €86,893 to €207,419
- Tax, wage and social debts +€50,228
up €50,228 (+117%), from €42,897 to €93,125
- Other debts +€4,035
up €4,035 (+135%), from €2,982 to €7,017
- Gross operating margin +€48,084
up €48,084 (+39.5%), from €121,792 to €169,876
- Taxes +€15,857
up €15,857 (+46.8%), from €33,884 to €49,740
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 | €138,160 | €313,686 | +€175,526 | +127% |
| Current assets | 29/58 | €138,160 | €313,686 | +€175,526 | +127% |
| Amounts receivable within one year | 40/41 | €14,036 | €16,456 | +€2,420 | +17.2% |
| Trade receivables | 40 | €14,036 | €16,456 | +€2,420 | +17.2% |
| Cash at bank and in hand | 54/58 | €124,124 | €297,230 | +€173,106 | +139% |
| Total equity and liabilities | 10/49 | €138,160 | €313,686 | +€175,526 | +127% |
| Equity | 10/15 | €91,893 | €212,419 | +€120,526 | +131% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €86,893 | €207,419 | +€120,526 | +139% |
| Distributable reserves | 133 | €86,893 | €207,419 | +€120,526 | +139% |
| Amounts payable | 17/49 | €46,267 | €101,267 | +€55,000 | +119% |
| Amounts payable within one year | 42/48 | €46,267 | €100,142 | +€53,875 | +116% |
| Trade debts | 44 | €387 | €0 | -€387 | -100% |
| Suppliers | 440/4 | €387 | €0 | -€387 | -100% |
| Taxes, remuneration and social security | 45 | €42,897 | €93,125 | +€50,228 | +117% |
| Taxes | 450/3 | €42,897 | €93,125 | +€50,228 | +117% |
| Other amounts payable | 47/48 | €2,982 | €7,017 | +€4,035 | +135% |
| Accrued charges and deferred income | 492/3 | - | €1,125 | +€1,125 | |
| Other operating charges | 640/8 | €768 | €585 | -€182 | -23.7% |
| Gross operating margin | 9900 | €121,792 | €169,876 | +€48,084 | +39.5% |
| Operating profit (loss) | 9901 | €121,024 | €169,291 | +€48,266 | +39.9% |
| Financial income | 75/76B | - | €1,630 | +€1,630 | |
| Recurring financial income | 75 | - | €1,630 | +€1,630 | |
| Financial charges | 65/66B | €247 | €655 | +€407 | +165% |
| Recurring financial charges | 65 | €247 | €655 | +€407 | +165% |
| Profit (loss) for the period before taxes | 9903 | €120,777 | €170,266 | +€49,490 | +41.0% |
| Income taxes | 67/77 | €33,884 | €49,740 | +€15,857 | +46.8% |
| Profit (loss) for the period | 9904 | €86,893 | €120,526 | +€33,633 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,893 | €120,526 | +€33,633 | +38.7% |
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 30 October 2026 via checked.be.