HAO RANG: 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.
HAO RANG
Largest movements
- Tangible fixed assets -€2,920
down €2,920 (-7.1%), from €40,893 to €37,973
- Profit (loss) carried forward -€1,591
down €1,591 (-1.9%), from -€83,082 to -€84,673
- Other debts -€771
down €771 (-3.5%), from €21,743 to €20,972
- Trade debts -€558
down €558 (-69.6%), from €802 to €244
- Gross operating margin -€627
down €627 (-15.8%), from €3,962 to €3,335
- Other operating charges +€281
up €281 (+16.3%), from €1,725 to €2,006
- Financial charges -€44
down €44 (-100.0%), from €44 to €0
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 | €41,063 | €38,143 | -€2,920 | -7.1% |
| Fixed assets | 21/28 | €40,893 | €37,973 | -€2,920 | -7.1% |
| Tangible fixed assets | 22/27 | €40,893 | €37,973 | -€2,920 | -7.1% |
| Land and buildings | 22 | €40,893 | €37,973 | -€2,920 | -7.1% |
| Current assets | 29/58 | €170 | €170 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €170 | €170 | = | 0.0% |
| Total equity and liabilities | 10/49 | €41,063 | €38,143 | -€2,920 | -7.1% |
| Equity | 10/15 | -€64,482 | -€66,073 | -€1,591 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,082 | -€84,673 | -€1,591 | -1.9% |
| Amounts payable | 17/49 | €105,545 | €104,216 | -€1,329 | -1.3% |
| Amounts payable after more than one year | 17 | €83,000 | €83,000 | = | 0.0% |
| Financial debts | 170/4 | €83,000 | €83,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,545 | €21,216 | -€1,329 | -5.9% |
| Trade debts | 44 | €802 | €244 | -€558 | -69.6% |
| Suppliers | 440/4 | €802 | €244 | -€558 | -69.6% |
| Other amounts payable | 47/48 | €21,743 | €20,972 | -€771 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,920 | €2,920 | = | 0.0% |
| Other operating charges | 640/8 | €1,725 | €2,006 | +€281 | +16.3% |
| Gross operating margin | 9900 | €3,962 | €3,335 | -€627 | -15.8% |
| Operating profit (loss) | 9901 | -€682 | -€1,591 | -€909 | -133.2% |
| Financial charges | 65/66B | €44 | €0 | -€44 | -100.0% |
| Recurring financial charges | 65 | €44 | €0 | -€44 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€726 | -€1,591 | -€865 | -119.2% |
| Profit (loss) for the period | 9904 | -€726 | -€1,591 | -€865 | -119.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€726 | -€1,591 | -€865 | -119.2% |
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 7 October 2026 via checked.be.