Hexatech: 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.
Hexatech
Largest movements
- Tangible fixed assets -€15,110
down €15,110 (-66.1%), from €22,869 to €7,759
of which Furniture and vehicles: -€15,653
- Receivables within one year +€12,988
up €12,988 (+95.7%), from €13,569 to €26,557
of which Trade receivables: +€7,938
- Cash +€5,540
up €5,540 (+22.3%), from €24,805 to €30,345
mainly Depreciation (+€16,184) and Net result for the year (+€15,710)
- Reserves +€15,710
up €15,710 (+59.9%), from €26,231 to €41,941
- Debts after one year -€7,100
down €7,100 (-40.1%), from €17,698 to €10,598
- Tax, wage and social debts -€3,227
down €3,227 (-45.5%), from €7,088 to €3,861
- Trade debts -€1,728
down €1,728 (-56.8%), from €3,042 to €1,314
- Depreciation +€6,459
up €6,459 (+66.4%), from €9,725 to €16,184
- Gross operating margin +€6,095
up €6,095 (+18.6%), from €32,714 to €38,810
- Taxes +€943
up €943 (+20.3%), from €4,645 to €5,587
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 | €63,720 | €67,315 | +€3,596 | +5.6% |
| Fixed assets | 21/28 | €22,869 | €7,759 | -€15,110 | -66.1% |
| Tangible fixed assets | 22/27 | €22,869 | €7,759 | -€15,110 | -66.1% |
| Plant, machinery and equipment | 23 | €841 | €1,384 | +€543 | +64.5% |
| Furniture and vehicles | 24 | €22,029 | €6,376 | -€15,653 | -71.1% |
| Current assets | 29/58 | €40,850 | €59,556 | +€18,706 | +45.8% |
| Amounts receivable within one year | 40/41 | €13,569 | €26,557 | +€12,988 | +95.7% |
| Trade receivables | 40 | €12,889 | €20,828 | +€7,938 | +61.6% |
| Other amounts receivable | 41 | €680 | €5,730 | +€5,050 | +742.8% |
| Cash at bank and in hand | 54/58 | €24,805 | €30,345 | +€5,540 | +22.3% |
| Deferred charges and accrued income | 490/1 | €2,476 | €2,654 | +€178 | +7.2% |
| Total equity and liabilities | 10/49 | €63,720 | €67,315 | +€3,596 | +5.6% |
| Equity | 10/15 | €28,731 | €44,441 | +€15,710 | +54.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €26,231 | €41,941 | +€15,710 | +59.9% |
| Distributable reserves | 133 | €26,231 | €41,941 | +€15,710 | +59.9% |
| Amounts payable | 17/49 | €34,988 | €22,874 | -€12,115 | -34.6% |
| Amounts payable after more than one year | 17 | €17,698 | €10,598 | -€7,100 | -40.1% |
| Financial debts | 170/4 | €17,698 | €10,598 | -€7,100 | -40.1% |
| Amounts payable within one year | 42/48 | €16,930 | €12,275 | -€4,655 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €6,800 | €7,100 | +€300 | +4.4% |
| Trade debts | 44 | €3,042 | €1,314 | -€1,728 | -56.8% |
| Suppliers | 440/4 | €3,042 | €1,314 | -€1,728 | -56.8% |
| Taxes, remuneration and social security | 45 | €7,088 | €3,861 | -€3,227 | -45.5% |
| Taxes | 450/3 | €7,088 | €3,861 | -€3,227 | -45.5% |
| Accrued charges and deferred income | 492/3 | €360 | €0 | -€360 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,725 | €16,184 | +€6,459 | +66.4% |
| Other operating charges | 640/8 | €268 | €481 | +€214 | +79.8% |
| Gross operating margin | 9900 | €32,714 | €38,810 | +€6,095 | +18.6% |
| Operating profit (loss) | 9901 | €22,722 | €22,145 | -€577 | -2.5% |
| Financial income | 75/76B | €10 | €194 | +€184 | +1870.9% |
| Recurring financial income | 75 | €10 | €194 | +€184 | +1870.9% |
| Financial charges | 65/66B | €700 | €1,041 | +€341 | +48.7% |
| Recurring financial charges | 65 | €700 | €1,041 | +€341 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €22,032 | €21,298 | -€734 | -3.3% |
| Income taxes | 67/77 | €4,645 | €5,587 | +€943 | +20.3% |
| Profit (loss) for the period | 9904 | €17,387 | €15,710 | -€1,677 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,387 | €15,710 | -€1,677 | -9.6% |
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 10 October 2026 via checked.be.