HEX-IEVEN: 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-IEVEN
Largest movements
- Current investments -€214,905
down €214,905 (-38.4%), from €559,718 to €344,813
- Cash +€194,112
up €194,112 (+96.9%), from €200,314 to €394,425
mainly Current investments (+€214,905) and Net result for the year (+€102,952)
- Receivables within one year +€8,709
up €8,709 (+27.4%), from €31,762 to €40,471
of which Trade receivables: +€14,520
- Profit (loss) carried forward +€102,952
new in 2025: €102,952
- Other debts -€63,252
no longer reported in 2025 (was €63,252)
- Reserves -€58,346
down €58,346 (-7.8%), from €744,380 to €686,034
of which Distributable reserves: -€58,346
- Contributions +€12,350
up €12,350 (+199%), from €6,200 to €18,550
- Gross operating margin -€77,159
down €77,159 (-37.3%), from €206,602 to €129,444
- Taxes -€31,338
down €31,338 (-55.0%), from €57,005 to €25,666
- Financial income +€3,049
up €3,049 (+30.6%), from €9,969 to €13,018
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 | €836,464 | €830,656 | -€5,808 | -0.7% |
| Fixed assets | 21/28 | €21,837 | €25,613 | +€3,776 | +17.3% |
| Tangible fixed assets | 22/27 | €21,777 | €25,613 | +€3,836 | +17.6% |
| Plant, machinery and equipment | 23 | €1,049 | €4,640 | +€3,591 | +342% |
| Furniture and vehicles | 24 | €20,728 | €10,099 | -€10,629 | -51.3% |
| Other tangible fixed assets | 26 | - | €10,875 | +€10,875 | |
| Financial fixed assets | 28 | €60 | €0 | -€60 | -100% |
| Current assets | 29/58 | €814,627 | €805,043 | -€9,584 | -1.2% |
| Amounts receivable within one year | 40/41 | €31,762 | €40,471 | +€8,709 | +27.4% |
| Trade receivables | 40 | €2,845 | €17,365 | +€14,520 | +510% |
| Other amounts receivable | 41 | €28,917 | €23,106 | -€5,811 | -20.1% |
| Current investments | 50/53 | €559,718 | €344,813 | -€214,905 | -38.4% |
| Cash at bank and in hand | 54/58 | €200,314 | €394,425 | +€194,112 | +96.9% |
| Deferred charges and accrued income | 490/1 | €22,833 | €25,333 | +€2,500 | +10.9% |
| Total equity and liabilities | 10/49 | €836,464 | €830,656 | -€5,808 | -0.7% |
| Equity | 10/15 | €750,580 | €807,536 | +€56,956 | +7.6% |
| Contributions | 10/11 | €6,200 | €18,550 | +€12,350 | +199% |
| Reserves | 13 | €744,380 | €686,034 | -€58,346 | -7.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,863 | €1,863 | = | 0.0% |
| Distributable reserves | 133 | €740,662 | €682,316 | -€58,346 | -7.9% |
| Profit (loss) carried forward | 14 | - | €102,952 | +€102,952 | |
| Amounts payable | 17/49 | €85,884 | €23,120 | -€62,764 | -73.1% |
| Amounts payable within one year | 42/48 | €85,884 | €23,112 | -€62,772 | -73.1% |
| Trade debts | 44 | €22,632 | €23,112 | +€480 | +2.1% |
| Suppliers | 440/4 | €22,632 | €23,112 | +€480 | +2.1% |
| Other amounts payable | 47/48 | €63,252 | - | -€63,252 | |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,254 | €5,227 | +€1,972 | +60.6% |
| Other operating charges | 640/8 | €749 | €770 | +€20 | +2.7% |
| Non-recurring operating charges | 66A | - | €1,650 | +€1,650 | |
| Gross operating margin | 9900 | €206,602 | €129,444 | -€77,159 | -37.3% |
| Operating profit (loss) | 9901 | €202,599 | €121,798 | -€80,801 | -39.9% |
| Financial income | 75/76B | €9,969 | €13,018 | +€3,049 | +30.6% |
| Recurring financial income | 75 | €9,969 | €13,018 | +€3,049 | +30.6% |
| Financial charges | 65/66B | €4,882 | €6,197 | +€1,315 | +26.9% |
| Recurring financial charges | 65 | €4,882 | €6,197 | +€1,315 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €207,685 | €128,618 | -€79,067 | -38.1% |
| Income taxes | 67/77 | €57,005 | €25,666 | -€31,338 | -55.0% |
| Profit (loss) for the period | 9904 | €150,681 | €102,952 | -€47,729 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €150,681 | €102,952 | -€47,729 | -31.7% |
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 19 October 2026 via checked.be.