HONG XIN: 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.
HONG XIN
Largest movements
- Tangible fixed assets -€2,680
down €2,680 (-12.2%), from €22,024 to €19,344
of which Other tangible fixed assets: -€2,300
- Deferred charges and accrued income -€1,751
down €1,751 (-73.8%), from €2,372 to €621
- Profit (loss) carried forward -€8,832
down €8,832 (-52.3%), from €16,893 to €8,062
- Other debts +€7,173
up €7,173 (+35.3%), from €20,300 to €27,472
- Debts after one year -€5,992
down €5,992 (-52.2%), from €11,485 to €5,493
- Trade debts +€3,549
up €3,549 (+54.8%), from €6,475 to €10,024
- Gross operating margin -€10,328
down €10,328, from €6,660 to -€3,668
- Other operating charges -€484
down €484 (-26.1%), from €1,854 to €1,370
- Depreciation +€282
up €282 (+11.8%), from €2,398 to €2,680
- Financial charges -€124
down €124 (-10.9%), from €1,138 to €1,014
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.
Derived cash bridge
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 | €87,419 | €82,448 | -€4,970 | -5.7% |
| Fixed assets | 21/28 | €22,024 | €19,344 | -€2,680 | -12.2% |
| Tangible fixed assets | 22/27 | €22,024 | €19,344 | -€2,680 | -12.2% |
| Plant, machinery and equipment | 23 | €570 | €190 | -€380 | -66.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €21,454 | €19,154 | -€2,300 | -10.7% |
| Current assets | 29/58 | €65,395 | €63,104 | -€2,291 | -3.5% |
| Stocks and contracts in progress | 3 | €60,000 | €60,000 | = | 0.0% |
| Stocks | 30/36 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,023 | €2,483 | -€539 | -17.8% |
| Deferred charges and accrued income | 490/1 | €2,372 | €621 | -€1,751 | -73.8% |
| Total equity and liabilities | 10/49 | €87,419 | €82,448 | -€4,970 | -5.7% |
| Equity | 10/15 | €37,353 | €28,522 | -€8,832 | -23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,893 | €8,062 | -€8,832 | -52.3% |
| Amounts payable | 17/49 | €50,065 | €53,926 | +€3,861 | +7.7% |
| Amounts payable after more than one year | 17 | €11,485 | €5,493 | -€5,992 | -52.2% |
| Financial debts | 170/4 | €11,485 | €5,493 | -€5,992 | -52.2% |
| Amounts payable within one year | 42/48 | €38,580 | €48,434 | +€9,854 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €5,992 | €5,992 | = | 0.0% |
| Trade debts | 44 | €6,475 | €10,024 | +€3,549 | +54.8% |
| Suppliers | 440/4 | €6,475 | €10,024 | +€3,549 | +54.8% |
| Taxes, remuneration and social security | 45 | €5,813 | €4,945 | -€868 | -14.9% |
| Taxes | 450/3 | €5,813 | €4,945 | -€868 | -14.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,300 | €27,472 | +€7,173 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,398 | €2,680 | +€282 | +11.8% |
| Other operating charges | 640/8 | €1,854 | €1,370 | -€484 | -26.1% |
| Gross operating margin | 9900 | €6,660 | -€3,668 | -€10,328 | |
| Operating profit (loss) | 9901 | €2,408 | -€7,718 | -€10,126 | |
| Financial income | 75/76B | €13 | €40 | +€26 | +195% |
| Recurring financial income | 75 | €13 | €40 | +€26 | +195% |
| Financial charges | 65/66B | €1,138 | €1,014 | -€124 | -10.9% |
| Recurring financial charges | 65 | €1,138 | €1,014 | -€124 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €1,283 | -€8,692 | -€9,975 | |
| Income taxes | 67/77 | €143 | €140 | -€3 | -2.2% |
| Profit (loss) for the period | 9904 | €1,140 | -€8,832 | -€9,972 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,140 | -€8,832 | -€9,972 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.