HEXA STUDIOS: 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.
HEXA STUDIOS
Largest movements
- Cash -€4,093
down €4,093 (-56.1%), from €7,296 to €3,203
mainly Other debts (-€5,439) and Net result for the year (-€2,068)
- Receivables within one year -€3,568
down €3,568 (-18.9%), from €18,842 to €15,274
of which Trade receivables: -€3,384
- Tangible fixed assets -€328
down €328 (-100%), from €328 to €0
- Other debts -€5,439
no longer reported in 2025 (was €5,439)
- Profit (loss) carried forward -€2,068
down €2,068 (-32.9%), from €6,285 to €4,217
- Tax, wage and social debts -€482
no longer reported in 2025 (was €482)
- Turnover -€4,547
down €4,547 (-19.3%), from €23,508 to €18,961
- Gross operating margin -€4,494
down €4,494, from €2,815 to -€1,679
- Taxes -€1,358
down €1,358, from €679 to -€679
- Other operating charges -€544
down €544 (-44.7%), from €1,217 to €673
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 | €26,466 | €18,477 | -€7,989 | -30.2% |
| Fixed assets | 21/28 | €328 | €0 | -€328 | -100% |
| Tangible fixed assets | 22/27 | €328 | €0 | -€328 | -100% |
| Furniture and vehicles | 24 | €328 | €0 | -€328 | -100% |
| Current assets | 29/58 | €26,138 | €18,477 | -€7,661 | -29.3% |
| Amounts receivable within one year | 40/41 | €18,842 | €15,274 | -€3,568 | -18.9% |
| Trade receivables | 40 | €14,871 | €11,487 | -€3,384 | -22.8% |
| Other amounts receivable | 41 | €3,971 | €3,787 | -€184 | -4.6% |
| Cash at bank and in hand | 54/58 | €7,296 | €3,203 | -€4,093 | -56.1% |
| Total equity and liabilities | 10/49 | €26,466 | €18,477 | -€7,989 | -30.2% |
| Equity | 10/15 | €20,545 | €18,477 | -€2,068 | -10.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,285 | €4,217 | -€2,068 | -32.9% |
| Amounts payable | 17/49 | €5,921 | - | -€5,921 | |
| Amounts payable within one year | 42/48 | €5,921 | - | -€5,921 | |
| Taxes, remuneration and social security | 45 | €482 | - | -€482 | |
| Taxes | 450/3 | €482 | - | -€482 | |
| Other amounts payable | 47/48 | €5,439 | - | -€5,439 | |
| Turnover | 70 | €23,508 | €18,961 | -€4,547 | -19.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,693 | €20,640 | -€53 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328 | €328 | = | 0.0% |
| Other operating charges | 640/8 | €1,217 | €673 | -€544 | -44.7% |
| Gross operating margin | 9900 | €2,815 | -€1,679 | -€4,494 | |
| Operating profit (loss) | 9901 | €1,270 | -€2,680 | -€3,950 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €129 | €68 | -€61 | -47.3% |
| Recurring financial charges | 65 | €129 | €68 | -€61 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €1,141 | -€2,747 | -€3,888 | |
| Income taxes | 67/77 | €679 | -€679 | -€1,358 | |
| Profit (loss) for the period | 9904 | €462 | -€2,068 | -€2,530 | |
| Profit (loss) for the period to be appropriated | 9905 | €462 | -€2,068 | -€2,530 |
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 15 October 2026 via checked.be.