HEXABEL: 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.
HEXABEL
Largest movements
- Cash -€43,116
down €43,116 (-63.6%), from €67,831 to €24,715
mainly Receivables within one year (-€29,090) and Contributions, distributions and other (-€19,000)
- Receivables within one year +€29,090
up €29,090 (+1212.6%), from €2,399 to €31,489
of which Trade receivables: +€29,090
- Trade debts -€14,067
down €14,067 (-98.2%), from €14,330 to €263
- Profit (loss) carried forward -€12,534
down €12,534 (-90.1%), from €13,905 to €1,371
- Other debts +€9,264
up €9,264 (+32.0%), from €28,944 to €38,208
- Tax, wage and social debts +€2,469
up €2,469 (+23.2%), from €10,662 to €13,131
of which Taxes: +€6,819
- Gross operating margin -€21,056
down €21,056 (-43.4%), from €48,502 to €27,446
- Financial charges +€15,651
up €15,651 (+1851.8%), from €845 to €16,497
- Taxes -€2,273
down €2,273 (-37.7%), from €6,029 to €3,757
- Other operating charges -€699
down €699 (-72.9%), from €959 to €260
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 | €72,841 | €57,974 | -€14,868 | -20.4% |
| Fixed assets | 21/28 | €1,338 | €869 | -€468 | -35.0% |
| Tangible fixed assets | 22/27 | €1,338 | €869 | -€468 | -35.0% |
| Furniture and vehicles | 24 | €1,338 | €869 | -€468 | -35.0% |
| Current assets | 29/58 | €71,504 | €57,104 | -€14,399 | -20.1% |
| Amounts receivable within one year | 40/41 | €2,399 | €31,489 | +€29,090 | +1212.6% |
| Trade receivables | 40 | €979 | €30,069 | +€29,090 | +2972.9% |
| Other amounts receivable | 41 | €1,421 | €1,421 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,831 | €24,715 | -€43,116 | -63.6% |
| Deferred charges and accrued income | 490/1 | €1,274 | €901 | -€373 | -29.3% |
| Total equity and liabilities | 10/49 | €72,841 | €57,974 | -€14,868 | -20.4% |
| Equity | 10/15 | €18,905 | €6,371 | -€12,534 | -66.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,905 | €1,371 | -€12,534 | -90.1% |
| Amounts payable | 17/49 | €53,936 | €51,603 | -€2,333 | -4.3% |
| Amounts payable within one year | 42/48 | €53,936 | €51,603 | -€2,333 | -4.3% |
| Trade debts | 44 | €14,330 | €263 | -€14,067 | -98.2% |
| Suppliers | 440/4 | €14,330 | €263 | -€14,067 | -98.2% |
| Taxes, remuneration and social security | 45 | €10,662 | €13,131 | +€2,469 | +23.2% |
| Taxes | 450/3 | €4,762 | €11,581 | +€6,819 | +143.2% |
| Remuneration and social security | 454/9 | €5,900 | €1,550 | -€4,350 | -73.7% |
| Other amounts payable | 47/48 | €28,944 | €38,208 | +€9,264 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308 | €468 | +€160 | +51.9% |
| Other operating charges | 640/8 | €959 | €260 | -€699 | -72.9% |
| Gross operating margin | 9900 | €48,502 | €27,446 | -€21,056 | -43.4% |
| Operating profit (loss) | 9901 | €47,234 | €26,718 | -€20,516 | -43.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €845 | €16,497 | +€15,651 | +1851.8% |
| Recurring financial charges | 65 | €845 | €16,497 | +€15,651 | +1851.8% |
| Profit (loss) for the period before taxes | 9903 | €46,389 | €10,222 | -€36,167 | -78.0% |
| Income taxes | 67/77 | €6,029 | €3,757 | -€2,273 | -37.7% |
| Profit (loss) for the period | 9904 | €40,360 | €6,466 | -€33,894 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,360 | €6,466 | -€33,894 | -84.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.