HEXATECHNIC 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.
HEXATECHNIC BELGIUM
Largest movements
- Cash -€1.6m
down €1.6m (-85.7%), from €1.9m to €275,129
mainly Current investments (-€1.5m) and Net result for the year (-€518,078)
- Current investments +€1.5m
new in 2025: €1.5m
- Financial fixed assets -€600,000
down €600,000 (-24.2%), from €2.5m to €1.9m
- Tangible fixed assets -€95,881
down €95,881 (-9.9%), from €970,670 to €874,789
of which Land and buildings: -€86,545
- Reserves -€518,078
down €518,078 (-21.7%), from €2.4m to €1.9m
of which Distributable reserves: -€518,078
- Trade debts -€269,432
down €269,432 (-77.3%), from €348,584 to €79,152
- Other debts -€111,522
down €111,522 (-6.0%), from €1.9m to €1.8m
- Financial charges +€587,561
up €587,561 (+117,217%), from €501 to €588,062
- Financial income +€57,732
up €57,732 (+115,974%), from €50 to €57,781
of which Non-recurring financial income: +€46,756
- Gross operating margin +€51,939
up €51,939 (+234%), from €22,222 to €74,162
- Taxes +€12,024
up €12,024, from €0 to €12,024
- Other operating charges -€1,914
down €1,914 (-27.0%), from €7,098 to €5,184
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 | €5,777,529 | €4,885,770 | -€891,760 | -15.4% |
| Fixed assets | 21/28 | €3,449,003 | €2,753,122 | -€695,881 | -20.2% |
| Tangible fixed assets | 22/27 | €970,670 | €874,789 | -€95,881 | -9.9% |
| Land and buildings | 22 | €914,001 | €827,455 | -€86,545 | -9.5% |
| Plant, machinery and equipment | 23 | €48,699 | €40,184 | -€8,514 | -17.5% |
| Furniture and vehicles | 24 | €7,971 | €7,149 | -€822 | -10.3% |
| Financial fixed assets | 28 | €2,478,333 | €1,878,333 | -€600,000 | -24.2% |
| Current assets | 29/58 | €2,328,526 | €2,132,648 | -€195,878 | -8.4% |
| Amounts receivable after more than one year | 29 | €236,667 | €231,667 | -€5,000 | -2.1% |
| Other amounts receivable | 291 | €236,667 | €231,667 | -€5,000 | -2.1% |
| Amounts receivable within one year | 40/41 | €171,471 | €123,107 | -€48,364 | -28.2% |
| Trade receivables | 40 | €171,331 | €119,922 | -€51,409 | -30.0% |
| Other amounts receivable | 41 | €140 | €3,185 | +€3,045 | +2,178% |
| Current investments | 50/53 | - | €1,500,000 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €1,917,751 | €275,129 | -€1.6m | -85.7% |
| Deferred charges and accrued income | 490/1 | €2,638 | €2,746 | +€108 | +4.1% |
| Total equity and liabilities | 10/49 | €5,777,529 | €4,885,770 | -€891,760 | -15.4% |
| Equity | 10/15 | €3,052,849 | €2,534,771 | -€518,078 | -17.0% |
| Contributions | 10/11 | €662,000 | €662,000 | = | 0.0% |
| Capital | 10 | €415,400 | €415,400 | = | 0.0% |
| Issued capital | 100 | €415,400 | €415,400 | = | 0.0% |
| Contributions outside capital | 11 | €246,600 | €246,600 | = | 0.0% |
| Share premium | 1100/10 | €246,600 | €246,600 | = | 0.0% |
| Reserves | 13 | €2,390,849 | €1,872,771 | -€518,078 | -21.7% |
| Non-distributable reserves | 130/1 | €41,540 | €41,540 | = | 0.0% |
| Legal reserve | 130 | €41,540 | €41,540 | = | 0.0% |
| Distributable reserves | 133 | €2,349,309 | €1,831,231 | -€518,078 | -22.1% |
| Amounts payable | 17/49 | €2,724,680 | €2,350,999 | -€373,681 | -13.7% |
| Amounts payable within one year | 42/48 | €2,721,906 | €2,350,999 | -€370,907 | -13.6% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €348,584 | €79,152 | -€269,432 | -77.3% |
| Suppliers | 440/4 | €348,584 | €79,152 | -€269,432 | -77.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,159 | €11,205 | +€10,047 | +867% |
| Taxes | 450/3 | €1,159 | €11,205 | +€10,047 | +867% |
| Other amounts payable | 47/48 | €1,872,163 | €1,760,641 | -€111,522 | -6.0% |
| Accrued charges and deferred income | 492/3 | €2,774 | €0 | -€2,774 | -100% |
| Non-recurring operating income | 76A | - | €6 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,743 | €44,751 | +€1,008 | +2.3% |
| Other operating charges | 640/8 | €7,098 | €5,184 | -€1,914 | -27.0% |
| Gross operating margin | 9900 | €22,222 | €74,162 | +€51,939 | +234% |
| Operating profit (loss) | 9901 | -€28,619 | €24,226 | +€52,845 | |
| Financial income | 75/76B | €50 | €57,781 | +€57,732 | +115,974% |
| Recurring financial income | 75 | €50 | €11,025 | +€10,976 | +22,048% |
| Non-recurring financial income | 76B | - | €46,756 | +€46,756 | |
| Financial charges | 65/66B | €501 | €588,062 | +€587,561 | +117,217% |
| Recurring financial charges | 65 | €501 | €588,062 | +€587,561 | +117,217% |
| Profit (loss) for the period before taxes | 9903 | -€29,070 | -€506,055 | -€476,984 | -1,641% |
| Income taxes | 67/77 | €0 | €12,024 | +€12,024 | |
| Profit (loss) for the period | 9904 | -€29,070 | -€518,078 | -€489,008 | -1,682% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,070 | -€518,078 | -€489,008 | -1,682% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.