HEXACATH BELGIUM: 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.
HEXACATH BELGIUM
Largest movements
- Cash +€11,195
up €11,195 (+458%), from €2,446 to €13,641
mainly Trade debts (+€6,359) and Net result for the year (+€6,066)
- Receivables within one year +€2,379
up €2,379 (+91.3%), from €2,604 to €4,982
of which Trade receivables: +€2,379
- Deferred charges and accrued income +€1,050
up €1,050 (+129%), from €812 to €1,862
- Trade debts +€6,359
up €6,359 (+98.8%), from €6,438 to €12,797
- Reserves +€6,000
up €6,000 (+25.0%), from €24,000 to €30,000
- Tax, wage and social debts +€2,186
up €2,186 (+1,371%), from €159 to €2,345
- Gross operating margin +€12,681
up €12,681, from -€6,666 to €6,015
- Financial income +€239
up €239 (+29.4%), from €812 to €1,050
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 | €81,401 | €96,025 | +€14,623 | +18.0% |
| Fixed assets | 21/28 | €540 | €540 | = | 0.0% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €80,861 | €95,485 | +€14,623 | +18.1% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,604 | €4,982 | +€2,379 | +91.3% |
| Trade receivables | 40 | €2,604 | €4,982 | +€2,379 | +91.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,446 | €13,641 | +€11,195 | +458% |
| Deferred charges and accrued income | 490/1 | €812 | €1,862 | +€1,050 | +129% |
| Total equity and liabilities | 10/49 | €81,401 | €96,025 | +€14,623 | +18.0% |
| Equity | 10/15 | €74,417 | €80,482 | +€6,066 | +8.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €30,000 | +€6,000 | +25.0% |
| Distributable reserves | 133 | €24,000 | €30,000 | +€6,000 | +25.0% |
| Profit (loss) carried forward | 14 | €417 | €482 | +€66 | +15.8% |
| Amounts payable | 17/49 | €6,985 | €15,542 | +€8,558 | +123% |
| Amounts payable within one year | 42/48 | €6,597 | €15,142 | +€8,545 | +130% |
| Trade debts | 44 | €6,438 | €12,797 | +€6,359 | +98.8% |
| Suppliers | 440/4 | €6,438 | €12,797 | +€6,359 | +98.8% |
| Taxes, remuneration and social security | 45 | €159 | €2,345 | +€2,186 | +1,371% |
| Taxes | 450/3 | €159 | €2,345 | +€2,186 | +1,371% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€6,666 | €6,015 | +€12,681 | |
| Operating profit (loss) | 9901 | -€7,053 | €5,616 | +€12,669 | |
| Financial income | 75/76B | €812 | €1,050 | +€239 | +29.4% |
| Recurring financial income | 75 | €812 | €1,050 | +€239 | +29.4% |
| Financial charges | 65/66B | €600 | €600 | = | 0.0% |
| Recurring financial charges | 65 | €600 | €600 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,842 | €6,066 | +€12,907 | |
| Profit (loss) for the period | 9904 | -€6,842 | €6,066 | +€12,907 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,842 | €6,066 | +€12,907 |
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 29 October 2026 via checked.be.