Hexagon Development Pro II: 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 Development Pro II
Largest movements
- Stocks and contracts +€675,466
up €675,466 (+5.3%), from €12.8m to €13.5m
- Receivables within one year +€257,873
up €257,873 (+48.9%), from €527,346 to €785,219
of which Other amounts receivable: +€209,101
- Debts after one year +€6.3m
up €6.3m (+62.9%), from €10.0m to €16.2m
- Short-term financial debts -€4.4m
down €4.4m (-99.8%), from €4.4m to €6,693
- Profit (loss) carried forward -€998,765
down €998,765 (-73.8%), from -€1.4m to -€2.4m
- Financial charges +€159,898
up €159,898 (+54.4%), from €293,986 to €453,885
- Write-downs +€35,403
up €35,403 (+138%), from €25,704 to €61,106
- Other operating charges +€18,801
up €18,801 (+60.0%), from €31,349 to €50,150
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 | €13,385,011 | €14,332,539 | +€947,528 | +7.1% |
| Current assets | 29/58 | €13,385,011 | €14,332,539 | +€947,528 | +7.1% |
| Stocks and contracts in progress | 3 | €12,833,461 | €13,508,927 | +€675,466 | +5.3% |
| Stocks | 30/36 | €12,833,461 | €13,508,927 | +€675,466 | +5.3% |
| Amounts receivable within one year | 40/41 | €527,346 | €785,219 | +€257,873 | +48.9% |
| Trade receivables | 40 | €141,189 | €189,961 | +€48,772 | +34.5% |
| Other amounts receivable | 41 | €386,157 | €595,257 | +€209,101 | +54.1% |
| Cash at bank and in hand | 54/58 | €22,729 | €37,024 | +€14,294 | +62.9% |
| Deferred charges and accrued income | 490/1 | €1,475 | €1,369 | -€106 | -7.2% |
| Total equity and liabilities | 10/49 | €13,385,011 | €14,332,539 | +€947,528 | +7.1% |
| Equity | 10/15 | -€1,292,058 | -€2,290,823 | -€998,765 | -77.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,353,558 | -€2,352,323 | -€998,765 | -73.8% |
| Amounts payable | 17/49 | €14,677,069 | €16,623,362 | +€1.9m | +13.3% |
| Amounts payable after more than one year | 17 | €9,955,050 | €16,213,878 | +€6.3m | +62.9% |
| Financial debts | 170/4 | €9,955,050 | €16,213,878 | +€6.3m | +62.9% |
| Amounts payable within one year | 42/48 | €4,637,776 | €197,995 | -€4.4m | -95.7% |
| Financial debts | 43 | €4,446,737 | €6,693 | -€4.4m | -99.8% |
| Credit institutions | 430/8 | €4,446,737 | €6,693 | -€4.4m | -99.8% |
| Trade debts | 44 | €189,538 | €188,301 | -€1,237 | -0.7% |
| Suppliers | 440/4 | €189,538 | €188,301 | -€1,237 | -0.7% |
| Advances received on contracts in progress | 46 | €1,500 | €3,000 | +€1,500 | +100% |
| Accrued charges and deferred income | 492/3 | €84,243 | €211,489 | +€127,246 | +151% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,704 | €61,106 | +€35,403 | +138% |
| Other operating charges | 640/8 | €31,349 | €50,150 | +€18,801 | +60.0% |
| Gross operating margin | 9900 | -€435,676 | -€433,624 | +€2,052 | +0.5% |
| Operating profit (loss) | 9901 | -€492,729 | -€544,881 | -€52,152 | -10.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €293,986 | €453,885 | +€159,898 | +54.4% |
| Recurring financial charges | 65 | €293,986 | €453,885 | +€159,898 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€786,715 | -€998,765 | -€212,050 | -27.0% |
| Profit (loss) for the period | 9904 | -€786,715 | -€998,765 | -€212,050 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€786,715 | -€998,765 | -€212,050 | -27.0% |
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.