Long Xiang: 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.
Long Xiang
Largest movements
- Receivables within one year +€19,160
up €19,160 (+80.8%), from €23,727 to €42,887
of which Trade receivables: +€10,744
- Cash -€10,394
down €10,394 (-55.9%), from €18,599 to €8,205
mainly Receivables within one year (-€19,160) and Tax, wage and social debts (-€3,376)
- Tangible fixed assets +€1,384
up €1,384 (+380%), from €364 to €1,748
- Advances received +€12,000
new in 2024: €12,000
- Reserves +€3,400
new in 2024: €3,400
- Tax, wage and social debts -€3,376
down €3,376 (-23.6%), from €14,283 to €10,907
of which Taxes: -€2,650
- Trade debts -€1,824
down €1,824 (-22.2%), from €8,205 to €6,381
- Gross operating margin -€28,537
down €28,537 (-52.9%), from €53,932 to €25,395
- Depreciation -€1,710
down €1,710 (-65.6%), from €2,605 to €895
- Financial income +€1,547
up €1,547 (+252%), from €614 to €2,161
- Staff costs -€1,388
down €1,388 (-8.5%), from €16,337 to €14,949
- Other operating charges -€825
down €825 (-64.0%), from €1,289 to €464
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,570 | €62,867 | +€10,297 | +19.6% |
| Fixed assets | 21/28 | €9,364 | €10,748 | +€1,384 | +14.8% |
| Tangible fixed assets | 22/27 | €364 | €1,748 | +€1,384 | +380% |
| Furniture and vehicles | 24 | €364 | €1,748 | +€1,384 | +380% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €43,206 | €52,119 | +€8,913 | +20.6% |
| Stocks and contracts in progress | 3 | €874 | €1,027 | +€153 | +17.6% |
| Stocks | 30/36 | €874 | €1,027 | +€153 | +17.6% |
| Amounts receivable within one year | 40/41 | €23,727 | €42,887 | +€19,160 | +80.8% |
| Trade receivables | 40 | - | €10,744 | +€10,744 | |
| Other amounts receivable | 41 | €23,727 | €32,142 | +€8,415 | +35.5% |
| Cash at bank and in hand | 54/58 | €18,599 | €8,205 | -€10,394 | -55.9% |
| Deferred charges and accrued income | 490/1 | €6 | - | -€6 | |
| Total equity and liabilities | 10/49 | €52,570 | €62,867 | +€10,297 | +19.6% |
| Equity | 10/15 | €30,082 | €33,580 | +€3,498 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €3,400 | +€3,400 | |
| Distributable reserves | 133 | - | €3,400 | +€3,400 | |
| Profit (loss) carried forward | 14 | €23,882 | €23,980 | +€98 | +0.4% |
| Amounts payable | 17/49 | €22,488 | €29,287 | +€6,799 | +30.2% |
| Amounts payable within one year | 42/48 | €22,488 | €29,287 | +€6,799 | +30.2% |
| Trade debts | 44 | €8,205 | €6,381 | -€1,824 | -22.2% |
| Suppliers | 440/4 | €8,205 | €6,381 | -€1,824 | -22.2% |
| Advances received on contracts in progress | 46 | - | €12,000 | +€12,000 | |
| Taxes, remuneration and social security | 45 | €14,283 | €10,907 | -€3,376 | -23.6% |
| Taxes | 450/3 | €10,447 | €7,797 | -€2,650 | -25.4% |
| Remuneration and social security | 454/9 | €3,836 | €3,109 | -€727 | -18.9% |
| Remuneration, social security and pensions | 62 | €16,337 | €14,949 | -€1,388 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,605 | €895 | -€1,710 | -65.6% |
| Other operating charges | 640/8 | €1,289 | €464 | -€825 | -64.0% |
| Gross operating margin | 9900 | €53,932 | €25,395 | -€28,537 | -52.9% |
| Operating profit (loss) | 9901 | €33,701 | €9,088 | -€24,613 | -73.0% |
| Financial income | 75/76B | €614 | €2,161 | +€1,547 | +252% |
| Recurring financial income | 75 | €614 | €2,161 | +€1,547 | +252% |
| Financial charges | 65/66B | €941 | €207 | -€734 | -78.0% |
| Recurring financial charges | 65 | €941 | €207 | -€734 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €33,374 | €11,042 | -€22,332 | -66.9% |
| Income taxes | 67/77 | €7,126 | €7,544 | +€418 | +5.9% |
| Profit (loss) for the period | 9904 | €26,248 | €3,498 | -€22,750 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,248 | €3,498 | -€22,750 | -86.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.