HEXAGONE CONCEPT: 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.
HEXAGONE CONCEPT
Largest movements
- Receivables within one year +€37,459
up €37,459 (+103.0%), from €36,382 to €73,841
of which Trade receivables: +€34,828
- Cash +€7,093
up €7,093 (+12.5%), from €56,825 to €63,918
mainly Trade debts (+€69,952) and Tax, wage and social debts (+€2,547)
- Trade debts +€69,952
up €69,952 (+3065.2%), from €2,282 to €72,234
- Advances received -€32,495
down €32,495 (-100.0%), from €32,495 to €0
- Tax, wage and social debts +€2,547
up €2,547 (+73.1%), from €3,482 to €6,029
- Reserves +€2,356
up €2,356 (+126.7%), from €1,860 to €4,216
of which Distributable reserves: +€2,356
- Turnover +€44,388
new in 2024: €44,388
- Purchases and services +€40,892
new in 2024: €40,892
- Gross operating margin -€15,584
down €15,584 (-77.6%), from €20,089 to €4,505
- Financial charges -€15,433
down €15,433 (-96.5%), from €15,998 to €565
of which Non-recurring financial charges: -€15,380
- Staff costs -€2,797
no longer reported in 2024 (was €2,797)
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 | €95,271 | €138,608 | +€43,337 | +45.5% |
| Fixed assets | 21/28 | €1,343 | €826 | -€517 | -38.5% |
| Tangible fixed assets | 22/27 | €1,083 | €566 | -€517 | -47.8% |
| Plant, machinery and equipment | 23 | €1,083 | €566 | -€517 | -47.8% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €93,928 | €137,782 | +€43,855 | +46.7% |
| Amounts receivable within one year | 40/41 | €36,382 | €73,841 | +€37,459 | +103.0% |
| Trade receivables | 40 | €30,938 | €65,766 | +€34,828 | +112.6% |
| Other amounts receivable | 41 | €5,444 | €8,075 | +€2,631 | +48.3% |
| Cash at bank and in hand | 54/58 | €56,825 | €63,918 | +€7,093 | +12.5% |
| Deferred charges and accrued income | 490/1 | €720 | €23 | -€697 | -96.8% |
| Total equity and liabilities | 10/49 | €95,271 | €138,608 | +€43,337 | +45.5% |
| Equity | 10/15 | €52,241 | €54,597 | +€2,356 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,216 | +€2,356 | +126.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €2,356 | +€2,356 | |
| Profit (loss) carried forward | 14 | €44,181 | €44,181 | +€0 | 0.0% |
| Amounts payable | 17/49 | €43,030 | €84,011 | +€40,981 | +95.2% |
| Amounts payable within one year | 42/48 | €43,030 | €83,034 | +€40,005 | +93.0% |
| Trade debts | 44 | €2,282 | €72,234 | +€69,952 | +3065.2% |
| Suppliers | 440/4 | €2,282 | €72,234 | +€69,952 | +3065.2% |
| Advances received on contracts in progress | 46 | €32,495 | €0 | -€32,495 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,482 | €6,029 | +€2,547 | +73.1% |
| Taxes | 450/3 | €3,482 | €6,029 | +€2,547 | +73.1% |
| Other amounts payable | 47/48 | €4,771 | €4,771 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €977 | +€977 | |
| Turnover | 70 | - | €44,388 | +€44,388 | |
| Non-recurring operating income | 76A | €26,519 | €425 | -€26,094 | -98.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €40,892 | +€40,892 | |
| Remuneration, social security and pensions | 62 | €2,797 | - | -€2,797 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €633 | €517 | -€116 | -18.3% |
| Other operating charges | 640/8 | €602 | - | -€602 | |
| Non-recurring operating charges | 66A | -€1,861 | - | +€1,861 | |
| Gross operating margin | 9900 | €20,089 | €4,505 | -€15,584 | -77.6% |
| Operating profit (loss) | 9901 | €17,918 | €3,987 | -€13,931 | -77.7% |
| Financial income | 75/76B | €0 | €363 | +€363 | +363000.0% |
| Recurring financial income | 75 | €0 | €363 | +€363 | +363000.0% |
| Financial charges | 65/66B | €15,998 | €565 | -€15,433 | -96.5% |
| Recurring financial charges | 65 | €53 | €0 | -€53 | -99.6% |
| Non-recurring financial charges | 66B | €15,945 | €565 | -€15,380 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | €1,920 | €3,785 | +€1,865 | +97.2% |
| Income taxes | 67/77 | €790 | €1,429 | +€640 | +81.0% |
| Profit (loss) for the period | 9904 | €1,130 | €2,356 | +€1,226 | +108.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,130 | €2,356 | +€1,226 | +108.4% |
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 10 October 2026 via checked.be.