HongYun: 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.
HongYun
Largest movements
- Tangible fixed assets -€12,485
down €12,485 (-17.1%), from €72,889 to €60,404
- Receivables within one year +€8,380
up €8,380 (+13.7%), from €60,963 to €69,343
of which Trade receivables: +€7,919
- Cash -€3,326
down €3,326 (-54.7%), from €6,086 to €2,760
mainly Debts after one year (-€14,426) and Accrued charges and deferred income (-€8,965)
- Stocks and contracts +€1,579
up €1,579 (+127%), from €1,248 to €2,827
- Other debts +€35,498
up €35,498 (+68.1%), from €52,116 to €87,614
- Debts after one year -€14,426
down €14,426 (-76.1%), from €18,961 to €4,535
- Accrued charges and deferred income -€8,965
down €8,965 (-100%), from €8,965 to €0
- Tax, wage and social debts -€8,561
down €8,561 (-68.6%), from €12,481 to €3,920
of which Remuneration and social security: -€7,702
- Trade debts -€5,820
down €5,820 (-67.1%), from €8,670 to €2,850
- Gross operating margin -€16,436
down €16,436 (-45.7%), from €35,946 to €19,510
- Purchases and services +€15,750
up €15,750 (+14.3%), from €110,000 to €125,750
- Turnover -€2,430
down €2,430 (-1.7%), from €140,405 to €137,975
- Taxes -€2,326
down €2,326, from €2,264 to -€62
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 | €144,610 | €138,758 | -€5,852 | -4.0% |
| Fixed assets | 21/28 | €76,314 | €63,829 | -€12,485 | -16.4% |
| Tangible fixed assets | 22/27 | €72,889 | €60,404 | -€12,485 | -17.1% |
| Plant, machinery and equipment | 23 | €72,889 | €60,404 | -€12,485 | -17.1% |
| Financial fixed assets | 28 | €3,425 | €3,425 | = | 0.0% |
| Current assets | 29/58 | €68,296 | €74,930 | +€6,633 | +9.7% |
| Stocks and contracts in progress | 3 | €1,248 | €2,827 | +€1,579 | +127% |
| Stocks | 30/36 | €1,248 | €2,827 | +€1,579 | +127% |
| Amounts receivable within one year | 40/41 | €60,963 | €69,343 | +€8,380 | +13.7% |
| Trade receivables | 40 | €60,963 | €68,882 | +€7,919 | +13.0% |
| Other amounts receivable | 41 | €0 | €461 | +€461 | |
| Cash at bank and in hand | 54/58 | €6,086 | €2,760 | -€3,326 | -54.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €144,610 | €138,758 | -€5,852 | -4.0% |
| Equity | 10/15 | €29,252 | €25,413 | -€3,839 | -13.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,252 | €5,413 | -€3,839 | -41.5% |
| Amounts payable | 17/49 | €115,358 | €113,345 | -€2,013 | -1.7% |
| Amounts payable after more than one year | 17 | €18,961 | €4,535 | -€14,426 | -76.1% |
| Financial debts | 170/4 | €18,961 | €4,535 | -€14,426 | -76.1% |
| Amounts payable within one year | 42/48 | €87,432 | €108,810 | +€21,379 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €14,164 | €14,426 | +€262 | +1.8% |
| Trade debts | 44 | €8,670 | €2,850 | -€5,820 | -67.1% |
| Suppliers | 440/4 | €8,670 | €2,850 | -€5,820 | -67.1% |
| Taxes, remuneration and social security | 45 | €12,481 | €3,920 | -€8,561 | -68.6% |
| Taxes | 450/3 | €3,126 | €2,267 | -€858 | -27.5% |
| Remuneration and social security | 454/9 | €9,355 | €1,653 | -€7,702 | -82.3% |
| Other amounts payable | 47/48 | €52,116 | €87,614 | +€35,498 | +68.1% |
| Accrued charges and deferred income | 492/3 | €8,965 | €0 | -€8,965 | -100% |
| Turnover | 70 | €140,405 | €137,975 | -€2,430 | -1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,000 | €125,750 | +€15,750 | +14.3% |
| Remuneration, social security and pensions | 62 | €12,005 | €11,039 | -€967 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,315 | €10,315 | = | 0.0% |
| Other operating charges | 640/8 | €413 | €229 | -€185 | -44.7% |
| Non-recurring operating charges | 66A | €200 | - | -€200 | |
| Gross operating margin | 9900 | €35,946 | €19,510 | -€16,436 | -45.7% |
| Operating profit (loss) | 9901 | €13,012 | -€2,073 | -€15,085 | |
| Financial income | 75/76B | €1 | €5 | +€4 | +456% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +456% |
| Financial charges | 65/66B | €1,892 | €1,833 | -€59 | -3.1% |
| Recurring financial charges | 65 | €1,892 | €1,833 | -€59 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €11,121 | -€3,901 | -€15,022 | |
| Income taxes | 67/77 | €2,264 | -€62 | -€2,326 | |
| Profit (loss) for the period | 9904 | €8,857 | -€3,839 | -€12,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,857 | -€3,839 | -€12,696 |
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 30 October 2026 via checked.be.