HEXAGON: 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.
HEXAGON
Largest movements
- Cash +€153,356
up €153,356 (+31.0%), from €494,044 to €647,400
mainly Net result for the year (+€50,284) and Investment in fixed assets (net) (+€38,176)
- Tangible fixed assets -€65,255
down €65,255 (-8.7%), from €746,864 to €681,609
of which Other tangible fixed assets: -€38,176
- Profit (loss) carried forward +€50,284
up €50,284 (+25.8%), from €194,849 to €245,132
- Other debts +€25,934
up €25,934 (+5.6%), from €462,794 to €488,728
- Gross operating margin -€197,113
down €197,113 (-62.1%), from €317,413 to €120,300
- Financial charges +€12,073
up €12,073 (+44.6%), from €27,088 to €39,162
- Other operating charges -€10,062
down €10,062 (-71.5%), from €14,082 to €4,020
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,241,014 | €1,329,188 | +€88,175 | +7.1% |
| Fixed assets | 21/28 | €746,864 | €681,609 | -€65,255 | -8.7% |
| Tangible fixed assets | 22/27 | €746,864 | €681,609 | -€65,255 | -8.7% |
| Land and buildings | 22 | €708,689 | €681,609 | -€27,079 | -3.8% |
| Other tangible fixed assets | 26 | €38,176 | - | -€38,176 | |
| Current assets | 29/58 | €494,150 | €647,579 | +€153,429 | +31.0% |
| Amounts receivable within one year | 40/41 | €105 | €179 | +€73 | +69.6% |
| Other amounts receivable | 41 | €105 | €179 | +€73 | +69.6% |
| Cash at bank and in hand | 54/58 | €494,044 | €647,400 | +€153,356 | +31.0% |
| Total equity and liabilities | 10/49 | €1,241,014 | €1,329,188 | +€88,175 | +7.1% |
| Equity | 10/15 | €744,849 | €795,132 | +€50,284 | +6.8% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,849 | €245,132 | +€50,284 | +25.8% |
| Amounts payable | 17/49 | €496,165 | €534,056 | +€37,891 | +7.6% |
| Amounts payable within one year | 42/48 | €470,078 | €495,900 | +€25,822 | +5.5% |
| Trade debts | 44 | €505 | €393 | -€112 | -22.2% |
| Suppliers | 440/4 | €505 | €393 | -€112 | -22.2% |
| Taxes, remuneration and social security | 45 | €6,778 | €6,778 | = | 0.0% |
| Taxes | 450/3 | €6,778 | €6,778 | = | 0.0% |
| Other amounts payable | 47/48 | €462,794 | €488,728 | +€25,934 | +5.6% |
| Accrued charges and deferred income | 492/3 | €26,087 | €38,156 | +€12,069 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,079 | €27,079 | = | 0.0% |
| Other operating charges | 640/8 | €14,082 | €4,020 | -€10,062 | -71.5% |
| Gross operating margin | 9900 | €317,413 | €120,300 | -€197,113 | -62.1% |
| Operating profit (loss) | 9901 | €276,251 | €89,201 | -€187,051 | -67.7% |
| Financial income | 75/76B | €351 | €244 | -€107 | -30.4% |
| Recurring financial income | 75 | €351 | €244 | -€107 | -30.4% |
| Financial charges | 65/66B | €27,088 | €39,162 | +€12,073 | +44.6% |
| Recurring financial charges | 65 | €27,088 | €39,162 | +€12,073 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €249,514 | €50,284 | -€199,231 | -79.8% |
| Profit (loss) for the period | 9904 | €249,514 | €50,284 | -€199,231 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €249,514 | €50,284 | -€199,231 | -79.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.