HOANG LONG: 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.
HOANG LONG
Largest movements
- Tangible fixed assets -€21,569
down €21,569 (-33.6%), from €64,159 to €42,590
of which Furniture and vehicles: -€20,998
- Stocks and contracts +€13,520
new in 2024: €13,520
- Cash +€2,167
up €2,167 (+24.0%), from €9,045 to €11,212
mainly Depreciation (+€23,025) and Current portion of long-term debt (+€15,795)
- Receivables within one year +€1,733
up €1,733 (+195.3%), from €887 to €2,620
of which Other amounts receivable: +€1,750
- Debts after one year -€30,697
down €30,697 (-36.5%), from €84,000 to €53,303
- Current portion of long-term debt +€15,795
new in 2024: €15,795
- Tax, wage and social debts +€14,940
up €14,940 (+164.5%), from €9,081 to €24,020
of which Remuneration and social security: +€14,210
- Profit (loss) carried forward -€6,162
down €6,162 (-25.4%), from -€24,269 to -€30,431
- Trade debts +€2,012
up €2,012 (+53.2%), from €3,779 to €5,792
- Gross operating margin +€62,203
up €62,203, from -€1,473 to €60,730
- Staff costs +€20,628
up €20,628 (+119.7%), from €17,235 to €37,863
- Depreciation +€18,184
up €18,184 (+375.7%), from €4,841 to €23,025
- Financial charges +€4,516
up €4,516 (+398.6%), from €1,133 to €5,649
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,091 | €70,005 | -€4,086 | -5.5% |
| Fixed assets | 21/28 | €64,159 | €42,590 | -€21,569 | -33.6% |
| Tangible fixed assets | 22/27 | €64,159 | €42,590 | -€21,569 | -33.6% |
| Plant, machinery and equipment | 23 | €5,359 | €4,788 | -€571 | -10.7% |
| Furniture and vehicles | 24 | €58,800 | €37,803 | -€20,998 | -35.7% |
| Current assets | 29/58 | €9,932 | €27,415 | +€17,483 | +176.0% |
| Stocks and contracts in progress | 3 | - | €13,520 | +€13,520 | |
| Stocks | 30/36 | - | €13,520 | +€13,520 | |
| Amounts receivable within one year | 40/41 | €887 | €2,620 | +€1,733 | +195.3% |
| Trade receivables | 40 | €18 | - | -€18 | |
| Other amounts receivable | 41 | €869 | €2,620 | +€1,750 | +201.3% |
| Cash at bank and in hand | 54/58 | €9,045 | €11,212 | +€2,167 | +24.0% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €74,091 | €70,005 | -€4,086 | -5.5% |
| Equity | 10/15 | -€22,769 | -€28,931 | -€6,162 | -27.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,269 | -€30,431 | -€6,162 | -25.4% |
| Amounts payable | 17/49 | €96,860 | €98,936 | +€2,076 | +2.1% |
| Amounts payable after more than one year | 17 | €84,000 | €53,303 | -€30,697 | -36.5% |
| Financial debts | 170/4 | €84,000 | €53,303 | -€30,697 | -36.5% |
| Amounts payable within one year | 42/48 | €12,860 | €45,633 | +€32,773 | +254.8% |
| Current portion of amounts payable after more than one year | 42 | - | €15,795 | +€15,795 | |
| Trade debts | 44 | €3,779 | €5,792 | +€2,012 | +53.2% |
| Suppliers | 440/4 | €3,779 | €5,792 | +€2,012 | +53.2% |
| Advances received on contracts in progress | 46 | - | €26 | +€26 | |
| Taxes, remuneration and social security | 45 | €9,081 | €24,020 | +€14,940 | +164.5% |
| Taxes | 450/3 | - | €729 | +€729 | |
| Remuneration and social security | 454/9 | €9,081 | €23,291 | +€14,210 | +156.5% |
| Remuneration, social security and pensions | 62 | €17,235 | €37,863 | +€20,628 | +119.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,841 | €23,025 | +€18,184 | +375.7% |
| Other operating charges | 640/8 | €95 | €356 | +€260 | +273.3% |
| Gross operating margin | 9900 | -€1,473 | €60,730 | +€62,203 | |
| Operating profit (loss) | 9901 | -€23,644 | -€513 | +€23,130 | +97.8% |
| Financial income | 75/76B | €508 | €0 | -€508 | -100.0% |
| Recurring financial income | 75 | €508 | €0 | -€508 | -100.0% |
| Financial charges | 65/66B | €1,133 | €5,649 | +€4,516 | +398.6% |
| Recurring financial charges | 65 | €1,133 | €5,649 | +€4,516 | +398.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,269 | -€6,162 | +€18,106 | +74.6% |
| Profit (loss) for the period | 9904 | -€24,269 | -€6,162 | +€18,106 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,269 | -€6,162 | +€18,106 | +74.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.