HUANFAN: 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.
HUANFAN
Largest movements
- Cash -€1,275
down €1,275 (-29.8%), from €4,273 to €2,997
mainly Net result for the year (-€10,494) and Receivables within one year (-€302)
- Receivables within one year +€302
new in 2025: €302
of which Trade receivables: +€256
- Tangible fixed assets -€223
no longer reported in 2025 (was €223)
- Profit (loss) carried forward -€10,494
down €10,494 (-121%), from -€8,667 to -€19,162
- Tax, wage and social debts +€9,238
up €9,238 (+295%), from €3,128 to €12,365
of which Remuneration and social security: +€7,394
- Other debts +€215
up €215 (+8.2%), from €2,624 to €2,840
- Trade debts -€155
no longer reported in 2025 (was €155)
- Purchases and services +€9,211
up €9,211 (+26.2%), from €35,132 to €44,342
- Gross operating margin -€8,404
down €8,404 (-635%), from -€1,323 to -€9,726
- Depreciation -€1,118
down €1,118 (-83.4%), from €1,340 to €223
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 | €7,240 | €6,043 | -€1,196 | -16.5% |
| Fixed assets | 21/28 | €2,967 | €2,744 | -€223 | -7.5% |
| Tangible fixed assets | 22/27 | €223 | - | -€223 | |
| Furniture and vehicles | 24 | €223 | - | -€223 | |
| Financial fixed assets | 28 | €2,744 | €2,744 | = | 0.0% |
| Current assets | 29/58 | €4,273 | €3,299 | -€974 | -22.8% |
| Amounts receivable within one year | 40/41 | - | €302 | +€302 | |
| Trade receivables | 40 | - | €256 | +€256 | |
| Other amounts receivable | 41 | - | €46 | +€46 | |
| Cash at bank and in hand | 54/58 | €4,273 | €2,997 | -€1,275 | -29.8% |
| Total equity and liabilities | 10/49 | €7,240 | €6,043 | -€1,196 | -16.5% |
| Equity | 10/15 | €1,333 | -€9,162 | -€10,494 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,667 | -€19,162 | -€10,494 | -121% |
| Amounts payable | 17/49 | €5,907 | €15,205 | +€9,298 | +157% |
| Amounts payable within one year | 42/48 | €5,907 | €15,205 | +€9,298 | +157% |
| Trade debts | 44 | €155 | - | -€155 | |
| Suppliers | 440/4 | €155 | - | -€155 | |
| Taxes, remuneration and social security | 45 | €3,128 | €12,365 | +€9,238 | +295% |
| Taxes | 450/3 | €1,440 | €3,284 | +€1,844 | +128% |
| Remuneration and social security | 454/9 | €1,688 | €9,081 | +€7,394 | +438% |
| Other amounts payable | 47/48 | €2,624 | €2,840 | +€215 | +8.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,132 | €44,342 | +€9,211 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,340 | €223 | -€1,118 | -83.4% |
| Other operating charges | 640/8 | €531 | €545 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€1,323 | -€9,726 | -€8,404 | -635% |
| Operating profit (loss) | 9901 | -€3,194 | -€10,494 | -€7,300 | -229% |
| Profit (loss) for the period before taxes | 9903 | -€3,194 | -€10,494 | -€7,300 | -229% |
| Profit (loss) for the period | 9904 | -€3,194 | -€10,494 | -€7,300 | -229% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,194 | -€10,494 | -€7,300 | -229% |
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 20 October 2026 via checked.be.