HONG-KONGGROUP: what changed
HONG-KONGGROUP
Largest movements
- Receivables within one year -€12,640
down €12,640 (-92.3%), from €13,698 to €1,058
of which Other amounts receivable: -€7,260
- Profit (loss) carried forward -€11,791
down €11,791 (-523%), from -€2,254 to -€14,045
- Advances received +€10,000
new in 2025: €10,000
- Trade debts -€9,680
no longer reported in 2025 (was €9,680)
- Other debts -€1,279
no longer reported in 2025 (was €1,279)
- Gross operating margin -€13,044
down €13,044, from €2,216 to -€10,829
- Depreciation -€725
no longer reported in 2025 (was €725)
- Other operating charges -€270
down €270 (-23.9%), from €1,131 to €861
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,857 | €1,106 | -€12,750 | -92.0% |
| Current assets | 29/58 | €13,857 | €1,106 | -€12,750 | -92.0% |
| Amounts receivable within one year | 40/41 | €13,698 | €1,058 | -€12,640 | -92.3% |
| Trade receivables | 40 | €5,380 | - | -€5,380 | |
| Other amounts receivable | 41 | €8,318 | €1,058 | -€7,260 | -87.3% |
| Cash at bank and in hand | 54/58 | €158 | €48 | -€110 | -69.7% |
| Total equity and liabilities | 10/49 | €13,857 | €1,106 | -€12,750 | -92.0% |
| Equity | 10/15 | €2,897 | -€8,894 | -€11,791 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €2,151 | €2,151 | = | 0.0% |
| Distributable reserves | 133 | €2,151 | €2,151 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,254 | -€14,045 | -€11,791 | -523% |
| Amounts payable | 17/49 | €10,959 | €10,000 | -€959 | -8.8% |
| Amounts payable within one year | 42/48 | €10,959 | €10,000 | -€959 | -8.8% |
| Trade debts | 44 | €9,680 | - | -€9,680 | |
| Suppliers | 440/4 | €9,680 | - | -€9,680 | |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Other amounts payable | 47/48 | €1,279 | - | -€1,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725 | - | -€725 | |
| Other operating charges | 640/8 | €1,131 | €861 | -€270 | -23.9% |
| Gross operating margin | 9900 | €2,216 | -€10,829 | -€13,044 | |
| Operating profit (loss) | 9901 | €359 | -€11,690 | -€12,049 | |
| Financial charges | 65/66B | €54 | €100 | +€46 | +86.5% |
| Recurring financial charges | 65 | €54 | €100 | +€46 | +86.5% |
| Profit (loss) for the period before taxes | 9903 | €305 | -€11,791 | -€12,096 | |
| Profit (loss) for the period | 9904 | €305 | -€11,791 | -€12,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €305 | -€11,791 | -€12,096 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.