HEX GUY: what changed
Two fiscal 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 GUY
Largest movements
- Receivables within one year +€14,105
up €14,105 (+35.5%), from €39,788 to €53,893
of which Trade receivables: +€12,312
- Receivables after one year -€7,651
down €7,651 (-10.4%), from €73,874 to €66,223
- Deferred charges and accrued income -€4,419
down €4,419 (-21.1%), from €20,897 to €16,478
- Reserves +€45,639
up €45,639 (+15.7%), from €289,783 to €335,422
- Other debts -€25,038
down €25,038 (-42.1%), from €59,452 to €34,414
- Tax, wage and social debts -€14,615
down €14,615 (-30.4%), from €48,014 to €33,399
of which Taxes: -€14,672
- Trade debts -€8,430
down €8,430 (-69.5%), from €12,137 to €3,707
- Gross operating margin +€17,063
up €17,063 (+15.4%), from €110,881 to €127,945
- Taxes +€6,407
up €6,407 (+21.0%), from €30,521 to €36,928
- Financial charges +€2,331
up €2,331 (+449.4%), from €519 to €2,849
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.
Cash bridge derived
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 | €421,869 | €419,342 | -€2,527 | -0.6% |
| Fixed assets | 21/28 | €37,042 | €34,665 | -€2,377 | -6.4% |
| Tangible fixed assets | 22/27 | €37,042 | €34,665 | -€2,377 | -6.4% |
| Land and buildings | 22 | €19,146 | €16,772 | -€2,374 | -12.4% |
| Plant, machinery and equipment | 23 | €6,577 | €5,584 | -€994 | -15.1% |
| Furniture and vehicles | 24 | €9,220 | €10,210 | +€990 | +10.7% |
| Other tangible fixed assets | 26 | €2,099 | €2,099 | = | 0.0% |
| Current assets | 29/58 | €384,827 | €384,677 | -€150 | 0.0% |
| Amounts receivable after more than one year | 29 | €73,874 | €66,223 | -€7,651 | -10.4% |
| Other amounts receivable | 291 | €73,874 | €66,223 | -€7,651 | -10.4% |
| Amounts receivable within one year | 40/41 | €39,788 | €53,893 | +€14,105 | +35.5% |
| Trade receivables | 40 | €39,788 | €52,100 | +€12,312 | +30.9% |
| Other amounts receivable | 41 | - | €1,793 | +€1,793 | |
| Cash at bank and in hand | 54/58 | €250,267 | €248,083 | -€2,185 | -0.9% |
| Deferred charges and accrued income | 490/1 | €20,897 | €16,478 | -€4,419 | -21.1% |
| Total equity and liabilities | 10/49 | €421,869 | €419,342 | -€2,527 | -0.6% |
| Equity | 10/15 | €302,183 | €347,822 | +€45,639 | +15.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €289,783 | €335,422 | +€45,639 | +15.7% |
| Distributable reserves | 133 | €289,783 | €335,422 | +€45,639 | +15.7% |
| Amounts payable | 17/49 | €119,686 | €71,520 | -€48,166 | -40.2% |
| Amounts payable within one year | 42/48 | €119,603 | €71,520 | -€48,083 | -40.2% |
| Trade debts | 44 | €12,137 | €3,707 | -€8,430 | -69.5% |
| Suppliers | 440/4 | €12,137 | €3,707 | -€8,430 | -69.5% |
| Taxes, remuneration and social security | 45 | €48,014 | €33,399 | -€14,615 | -30.4% |
| Taxes | 450/3 | €43,252 | €28,580 | -€14,672 | -33.9% |
| Remuneration and social security | 454/9 | €4,762 | €4,820 | +€58 | +1.2% |
| Other amounts payable | 47/48 | €59,452 | €34,414 | -€25,038 | -42.1% |
| Accrued charges and deferred income | 492/3 | €83 | - | -€83 | |
| Non-recurring operating income | 76A | - | €16,788 | +€16,788 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,536 | €7,217 | +€682 | +10.4% |
| Other operating charges | 640/8 | €1,622 | €2,015 | +€394 | +24.3% |
| Non-recurring operating charges | 66A | €24 | - | -€24 | |
| Gross operating margin | 9900 | €110,881 | €127,945 | +€17,063 | +15.4% |
| Operating profit (loss) | 9901 | €102,700 | €118,712 | +€16,012 | +15.6% |
| Financial income | 75/76B | €1,218 | €1,118 | -€100 | -8.2% |
| Recurring financial income | 75 | €1,218 | €1,118 | -€100 | -8.2% |
| Financial charges | 65/66B | €519 | €2,849 | +€2,331 | +449.4% |
| Recurring financial charges | 65 | €519 | €2,849 | +€2,331 | +449.4% |
| Profit (loss) for the period before taxes | 9903 | €103,399 | €116,981 | +€13,581 | +13.1% |
| Income taxes | 67/77 | €30,521 | €36,928 | +€6,407 | +21.0% |
| Profit (loss) for the period | 9904 | €72,879 | €80,053 | +€7,174 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,879 | €80,053 | +€7,174 | +9.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.