HEXOS IT: what changed
Two fiscal 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.
HEXOS IT
Largest movements
- Current investments +€193,951
up €193,951 (+34.8%), from €556,641 to €750,591
- Receivables within one year -€93,629
down €93,629 (-21.1%), from €444,351 to €350,722
of which Other amounts receivable: -€127,341
- Tangible fixed assets -€84,378
down €84,378 (-6.4%), from €1.3m to €1.2m
of which Land and buildings: -€58,297
- Debts after one year -€46,381
down €46,381 (-5.5%), from €846,158 to €799,777
- Reserves +€30,000
up €30,000 (+10.5%), from €286,200 to €316,200
of which Distributable reserves: +€30,000
- Tax, wage and social debts +€28,346
up €28,346 (+61.2%), from €46,352 to €74,698
- Gross operating margin -€53,963
down €53,963 (-20.7%), from €260,175 to €206,211
- Depreciation +€37,747
up €37,747 (+57.7%), from €65,410 to €103,157
- Financial charges +€21,690
up €21,690 (+346.5%), from €6,259 to €27,949
- Taxes -€16,676
down €16,676 (-36.5%), from €45,628 to €28,951
- Other operating charges +€4,036
up €4,036 (+74.1%), from €5,448 to €9,485
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 | €2,459,610 | €2,467,550 | +€7,940 | +0.3% |
| Fixed assets | 21/28 | €1,324,785 | €1,240,408 | -€84,378 | -6.4% |
| Tangible fixed assets | 22/27 | €1,324,785 | €1,240,408 | -€84,378 | -6.4% |
| Land and buildings | 22 | €1,010,860 | €952,563 | -€58,297 | -5.8% |
| Plant, machinery and equipment | 23 | €465 | €346 | -€119 | -25.6% |
| Furniture and vehicles | 24 | €36,821 | €23,779 | -€13,042 | -35.4% |
| Other tangible fixed assets | 26 | €276,640 | €263,720 | -€12,920 | -4.7% |
| Current assets | 29/58 | €1,134,825 | €1,227,143 | +€92,318 | +8.1% |
| Amounts receivable within one year | 40/41 | €444,351 | €350,722 | -€93,629 | -21.1% |
| Trade receivables | 40 | €43,020 | €76,733 | +€33,713 | +78.4% |
| Other amounts receivable | 41 | €401,331 | €273,989 | -€127,341 | -31.7% |
| Current investments | 50/53 | €556,641 | €750,591 | +€193,951 | +34.8% |
| Cash at bank and in hand | 54/58 | €129,641 | €121,116 | -€8,524 | -6.6% |
| Deferred charges and accrued income | 490/1 | €4,193 | €4,713 | +€520 | +12.4% |
| Total equity and liabilities | 10/49 | €2,459,610 | €2,467,550 | +€7,940 | +0.3% |
| Equity | 10/15 | €1,337,521 | €1,375,370 | +€37,849 | +2.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €286,200 | €316,200 | +€30,000 | +10.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €280,000 | €310,000 | +€30,000 | +10.7% |
| Profit (loss) carried forward | 14 | €989,321 | €997,170 | +€7,849 | +0.8% |
| Amounts payable | 17/49 | €1,122,089 | €1,092,180 | -€29,909 | -2.7% |
| Amounts payable after more than one year | 17 | €846,158 | €799,777 | -€46,381 | -5.5% |
| Financial debts | 170/4 | €846,158 | €799,777 | -€46,381 | -5.5% |
| Amounts payable within one year | 42/48 | €272,026 | €290,279 | +€18,253 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €47,321 | €48,591 | +€1,270 | +2.7% |
| Trade debts | 44 | €22,870 | €4,998 | -€17,872 | -78.1% |
| Suppliers | 440/4 | €22,870 | €4,998 | -€17,872 | -78.1% |
| Taxes, remuneration and social security | 45 | €46,352 | €74,698 | +€28,346 | +61.2% |
| Taxes | 450/3 | €46,352 | €74,698 | +€28,346 | +61.2% |
| Other amounts payable | 47/48 | €155,482 | €161,992 | +€6,510 | +4.2% |
| Accrued charges and deferred income | 492/3 | €3,905 | €2,124 | -€1,781 | -45.6% |
| Remuneration, social security and pensions | 62 | €3,740 | €3,740 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,410 | €103,157 | +€37,747 | +57.7% |
| Other operating charges | 640/8 | €5,448 | €9,485 | +€4,036 | +74.1% |
| Gross operating margin | 9900 | €260,175 | €206,211 | -€53,963 | -20.7% |
| Operating profit (loss) | 9901 | €185,576 | €89,829 | -€95,747 | -51.6% |
| Financial income | 75/76B | €8,218 | €6,586 | -€1,632 | -19.9% |
| Recurring financial income | 75 | €8,218 | €6,586 | -€1,632 | -19.9% |
| Financial charges | 65/66B | €6,259 | €27,949 | +€21,690 | +346.5% |
| Recurring financial charges | 65 | €6,259 | €27,949 | +€21,690 | +346.5% |
| Profit (loss) for the period before taxes | 9903 | €187,535 | €68,466 | -€119,068 | -63.5% |
| Income taxes | 67/77 | €45,628 | €28,951 | -€16,676 | -36.5% |
| Profit (loss) for the period | 9904 | €141,907 | €39,515 | -€102,392 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €141,907 | €39,515 | -€102,392 | -72.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.