HEXIS INVEST: what changed
What changed
HEXIS INVEST
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€203,296
2023 · €421,435-€624,731
Equity
-€268,012
2023 · -€64,716-€203,296
Cash
€3,690
2023 · €358+€3,332
Balance sheet total
€2.6m
2023 · €3.8m-€1.3m
Largest movements
Assets
- Stocks and contracts -€1.0m
down €1.0m (-39.1%), from €2.6m to €1.6m
- Receivables within one year -€222,867
down €222,867 (-37.2%), from €599,326 to €376,459
of which Trade receivables: -€203,298
Equity and liabilities
- Short-term financial debts -€1.1m
down €1.1m (-100%), from €1.1m to €0
- Other debts +€751,529
up €751,529 (+70.0%), from €1.1m to €1.8m
- Current portion of long-term debt -€560,000
down €560,000 (-100%), from €560,000 to €0
- Debts after one year +€398,113
up €398,113 (+565%), from €70,500 to €468,613
- Tax, wage and social debts -€300,695
down €300,695 (-75.9%), from €396,252 to €95,557
Income statement
- Turnover -€1.0m
down €1.0m (-44.2%), from €2.4m to €1.3m
- Gross operating margin -€723,575
down €723,575, from €721,991 to -€1,584
- Purchases and services -€342,712
down €342,712 (-20.4%), from €1.7m to €1.3m
- Financial charges -€130,798
down €130,798 (-49.7%), from €263,181 to €132,383
- Other operating charges +€30,913
up €30,913 (+70.2%), from €44,004 to €74,917
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€421,435
Gross operating margin
-€723,575
Other operating charges
-€30,913
Financial income
-€1,042
Financial charges
+€130,798
Result 2024
-€203,296
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
+€26,940
Financing
-€1.2m
Cash 2023
€358
From operations (derived)
+€1.2m
Net result for the year
-€203,296
Stocks and contracts
+€1.0m
Receivables within one year
+€222,867
Trade debts
-€184,270
Tax, wage and social debts
-€300,695
Other debts
+€751,529
Accrued charges and deferred income
-€79,481
Investment (derived)
+€26,940
Investment in fixed assets (net)
+€26,940
Financing
-€1.2m
Debts after one year
+€398,113
Current portion of long-term debt
-€560,000
Short-term financial debts
-€1.1m
Cash 2024
€3,690
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,810,936 | €2,552,855 | -€1.3m | -33.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €626,940 | €600,000 | -€26,940 | -4.3% |
| Financial fixed assets | 28 | €626,940 | €600,000 | -€26,940 | -4.3% |
| Current assets | 29/58 | €3,183,996 | €1,952,855 | -€1.2m | -38.7% |
| Stocks and contracts in progress | 3 | €2,584,312 | €1,572,706 | -€1.0m | -39.1% |
| Stocks | 30/36 | €2,584,312 | €1,572,706 | -€1.0m | -39.1% |
| Amounts receivable within one year | 40/41 | €599,326 | €376,459 | -€222,867 | -37.2% |
| Trade receivables | 40 | €300,738 | €97,440 | -€203,298 | -67.6% |
| Other amounts receivable | 41 | €298,588 | €279,019 | -€19,569 | -6.6% |
| Cash at bank and in hand | 54/58 | €358 | €3,690 | +€3,332 | +930% |
| Total equity and liabilities | 10/49 | €3,810,936 | €2,552,855 | -€1.3m | -33.0% |
| Equity | 10/15 | -€64,716 | -€268,012 | -€203,296 | -314% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,916 | -€274,212 | -€203,296 | -287% |
| Amounts payable | 17/49 | €3,875,652 | €2,820,867 | -€1.1m | -27.2% |
| Amounts payable after more than one year | 17 | €70,500 | €468,613 | +€398,113 | +565% |
| Other amounts payable | 178/9 | €70,500 | €468,613 | +€398,113 | +565% |
| Amounts payable within one year | 42/48 | €3,463,149 | €2,089,732 | -€1.4m | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €560,000 | €0 | -€560,000 | -100% |
| Financial debts | 43 | €1,079,981 | €0 | -€1.1m | -100% |
| Credit institutions | 430/8 | €1,079,981 | €0 | -€1.1m | -100% |
| Trade debts | 44 | €353,852 | €169,582 | -€184,270 | -52.1% |
| Suppliers | 440/4 | €96,132 | €169,582 | +€73,450 | +76.4% |
| Bills of exchange payable | 441 | €257,720 | €0 | -€257,720 | -100% |
| Taxes, remuneration and social security | 45 | €396,252 | €95,557 | -€300,695 | -75.9% |
| Taxes | 450/3 | €396,252 | €95,557 | -€300,695 | -75.9% |
| Other amounts payable | 47/48 | €1,073,064 | €1,824,593 | +€751,529 | +70.0% |
| Accrued charges and deferred income | 492/3 | €342,003 | €262,522 | -€79,481 | -23.2% |
| Turnover | 70 | €2,362,629 | €1,319,212 | -€1.0m | -44.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,679,197 | €1,336,485 | -€342,712 | -20.4% |
| Other operating charges | 640/8 | €44,004 | €74,917 | +€30,913 | +70.2% |
| Gross operating margin | 9900 | €721,991 | -€1,584 | -€723,575 | |
| Operating profit (loss) | 9901 | €677,987 | -€76,501 | -€754,487 | |
| Financial income | 75/76B | €6,630 | €5,588 | -€1,042 | -15.7% |
| Recurring financial income | 75 | €6,630 | €5,588 | -€1,042 | -15.7% |
| Financial charges | 65/66B | €263,181 | €132,383 | -€130,798 | -49.7% |
| Recurring financial charges | 65 | €263,181 | €132,383 | -€130,798 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €421,435 | -€203,296 | -€624,731 | |
| Profit (loss) for the period | 9904 | €421,435 | -€203,296 | -€624,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €421,435 | -€203,296 | -€624,731 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.