HEXIT: 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.
HEXIT
Largest movements
- Receivables after one year -€2.1m
down €2.1m (-95.4%), from €2.2m to €100,000
- Receivables within one year +€1.1m
up €1.1m (+6,141%), from €17,943 to €1.1m
of which Other amounts receivable: +€1.1m
- Current investments -€151,720
no longer reported in 2026 (was €151,720)
- Cash -€145,180
down €145,180 (-18.8%), from €771,244 to €626,063
mainly Other debts (-€1.5m) and Receivables within one year (-€1.1m)
- Other debts -€1.5m
no longer reported in 2026 (was €1.5m)
- Reserves +€199,529
up €199,529 (+12.2%), from €1.6m to €1.8m
- Gross operating margin -€10,959
down €10,959 (-4.6%), from €237,276 to €226,317
- Financial income -€10,092
down €10,092 (-13.0%), from €77,453 to €67,361
- Taxes -€7,006
down €7,006 (-7.0%), from €100,119 to €93,114
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,142,549 | €1,845,966 | -€1.3m | -41.3% |
| Current assets | 29/58 | €3,142,549 | €1,845,966 | -€1.3m | -41.3% |
| Amounts receivable after more than one year | 29 | €2,194,331 | €100,000 | -€2.1m | -95.4% |
| Other amounts receivable | 291 | €2,194,331 | €100,000 | -€2.1m | -95.4% |
| Amounts receivable within one year | 40/41 | €17,943 | €1,119,903 | +€1.1m | +6,141% |
| Trade receivables | 40 | €17,712 | - | -€17,712 | |
| Other amounts receivable | 41 | €231 | €1,119,903 | +€1.1m | +483,847% |
| Current investments | 50/53 | €151,720 | - | -€151,720 | |
| Cash at bank and in hand | 54/58 | €771,244 | €626,063 | -€145,180 | -18.8% |
| Deferred charges and accrued income | 490/1 | €7,311 | - | -€7,311 | |
| Total equity and liabilities | 10/49 | €3,142,549 | €1,845,966 | -€1.3m | -41.3% |
| Equity | 10/15 | €1,642,823 | €1,842,352 | +€199,529 | +12.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,630,423 | €1,829,952 | +€199,529 | +12.2% |
| Distributable reserves | 133 | €1,630,423 | €1,829,952 | +€199,529 | +12.2% |
| Amounts payable | 17/49 | €1,499,726 | €3,614 | -€1.5m | -99.8% |
| Amounts payable within one year | 42/48 | €1,499,726 | €3,614 | -€1.5m | -99.8% |
| Trade debts | 44 | €500 | €500 | = | 0.0% |
| Suppliers | 440/4 | €500 | €500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,159 | €3,114 | -€45 | -1.4% |
| Taxes | 450/3 | €3,159 | €3,114 | -€45 | -1.4% |
| Other amounts payable | 47/48 | €1,496,067 | - | -€1.5m | |
| Gross operating margin | 9900 | €237,276 | €226,317 | -€10,959 | -4.6% |
| Operating profit (loss) | 9901 | €237,276 | €226,317 | -€10,959 | -4.6% |
| Financial income | 75/76B | €77,453 | €67,361 | -€10,092 | -13.0% |
| Recurring financial income | 75 | €77,453 | €67,361 | -€10,092 | -13.0% |
| Financial charges | 65/66B | €69 | €1,035 | +€966 | +1,399% |
| Recurring financial charges | 65 | €69 | €1,035 | +€966 | +1,399% |
| Profit (loss) for the period before taxes | 9903 | €314,660 | €292,643 | -€22,017 | -7.0% |
| Income taxes | 67/77 | €100,119 | €93,114 | -€7,006 | -7.0% |
| Profit (loss) for the period | 9904 | €214,541 | €199,529 | -€15,012 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €214,541 | €199,529 | -€15,012 | -7.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.