HONG YE: 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 YE
Largest movements
- Cash -€63,840
down €63,840 (-34.3%), from €185,900 to €122,060
mainly Contributions, distributions and other (-€100,000) and Trade debts (-€37,771)
- Tangible fixed assets -€16,115
down €16,115 (-22.1%), from €72,980 to €56,865
of which Other tangible fixed assets: -€8,664
- Stocks and contracts +€3,000
up €3,000 (+38.5%), from €7,789 to €10,789
- Trade debts -€37,771
down €37,771 (-86.1%), from €43,854 to €6,083
- Other debts -€28,733
down €28,733 (-24.8%), from €115,787 to €87,055
- Profit (loss) carried forward -€11,356
down €11,356 (-31.6%), from €35,884 to €24,528
- Turnover +€71,396
up €71,396 (+9.7%), from €734,893 to €806,289
- Purchases and services +€66,289
up €66,289 (+14.3%), from €464,139 to €530,428
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 | €269,744 | €190,670 | -€79,074 | -29.3% |
| Fixed assets | 21/28 | €73,328 | €57,213 | -€16,115 | -22.0% |
| Tangible fixed assets | 22/27 | €72,980 | €56,865 | -€16,115 | -22.1% |
| Plant, machinery and equipment | 23 | €13,526 | €6,357 | -€7,170 | -53.0% |
| Furniture and vehicles | 24 | €561 | €280 | -€281 | -50.1% |
| Other tangible fixed assets | 26 | €58,893 | €50,229 | -€8,664 | -14.7% |
| Financial fixed assets | 28 | €348 | €348 | = | 0.0% |
| Current assets | 29/58 | €196,416 | €133,457 | -€62,959 | -32.1% |
| Stocks and contracts in progress | 3 | €7,789 | €10,789 | +€3,000 | +38.5% |
| Stocks | 30/36 | €7,789 | €10,789 | +€3,000 | +38.5% |
| Cash at bank and in hand | 54/58 | €185,900 | €122,060 | -€63,840 | -34.3% |
| Deferred charges and accrued income | 490/1 | €2,727 | €608 | -€2,119 | -77.7% |
| Total equity and liabilities | 10/49 | €269,744 | €190,670 | -€79,074 | -29.3% |
| Equity | 10/15 | €58,575 | €47,219 | -€11,356 | -19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,091 | €4,091 | = | 0.0% |
| Distributable reserves | 133 | €4,091 | €4,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,884 | €24,528 | -€11,356 | -31.6% |
| Amounts payable | 17/49 | €211,169 | €143,452 | -€67,717 | -32.1% |
| Amounts payable within one year | 42/48 | €211,169 | €143,452 | -€67,717 | -32.1% |
| Trade debts | 44 | €43,854 | €6,083 | -€37,771 | -86.1% |
| Suppliers | 440/4 | €43,854 | €6,083 | -€37,771 | -86.1% |
| Taxes, remuneration and social security | 45 | €51,528 | €50,314 | -€1,214 | -2.4% |
| Taxes | 450/3 | €47,592 | €41,525 | -€6,067 | -12.7% |
| Remuneration and social security | 454/9 | €3,936 | €8,790 | +€4,854 | +123% |
| Other amounts payable | 47/48 | €115,787 | €87,055 | -€28,733 | -24.8% |
| Turnover | 70 | €734,893 | €806,289 | +€71,396 | +9.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €464,139 | €530,428 | +€66,289 | +14.3% |
| Remuneration, social security and pensions | 62 | €127,725 | €135,251 | +€7,526 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,688 | €16,115 | +€1,427 | +9.7% |
| Other operating charges | 640/8 | €1,888 | €1,977 | +€89 | +4.7% |
| Gross operating margin | 9900 | €274,078 | €278,999 | +€4,921 | +1.8% |
| Operating profit (loss) | 9901 | €129,777 | €125,657 | -€4,121 | -3.2% |
| Financial income | 75/76B | €240 | €876 | +€635 | +265% |
| Recurring financial income | 75 | €240 | €876 | +€635 | +265% |
| Financial charges | 65/66B | €4,745 | €5,014 | +€269 | +5.7% |
| Recurring financial charges | 65 | €4,745 | €5,014 | +€269 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €125,272 | €121,518 | -€3,754 | -3.0% |
| Income taxes | 67/77 | €26,196 | €32,874 | +€6,678 | +25.5% |
| Profit (loss) for the period | 9904 | €99,077 | €88,644 | -€10,433 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €99,077 | €88,644 | -€10,433 | -10.5% |
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 19 October 2026 via checked.be.