XINLIHANG: 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.
XINLIHANG
Largest movements
- Cash +€20,619
up €20,619 (+82.5%), from €24,993 to €45,612
mainly Net result for the year (+€20,931) and Receivables within one year (+€8,515)
- Receivables within one year -€8,515
down €8,515 (-13.8%), from €61,699 to €53,184
- Tangible fixed assets -€2,163
down €2,163 (-46.2%), from €4,683 to €2,520
of which Furniture and vehicles: -€2,010
- Intangible fixed assets -€2,000
down €2,000 (-20.0%), from €10,000 to €8,000
- Reserves +€20,000
up €20,000 (+27.2%), from €73,636 to €93,636
- Tax, wage and social debts -€7,722
down €7,722 (-30.0%), from €25,716 to €17,994
of which Taxes: -€6,663
- Trade debts -€5,774
down €5,774 (-64.7%), from €8,929 to €3,155
- Turnover +€368,765
new in 2025: €368,765
- Purchases and services +€287,599
new in 2025: €287,599
- Gross operating margin -€27,625
down €27,625 (-24.2%), from €114,246 to €86,620
- Depreciation -€6,277
down €6,277 (-59.2%), from €10,603 to €4,326
- Taxes -€5,299
down €5,299 (-37.0%), from €14,319 to €9,019
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 | €127,366 | €134,874 | +€7,508 | +5.9% |
| Formation expenses | 20 | €163 | - | -€163 | |
| Fixed assets | 21/28 | €37,661 | €33,499 | -€4,163 | -11.1% |
| Intangible fixed assets | 21 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Tangible fixed assets | 22/27 | €4,683 | €2,520 | -€2,163 | -46.2% |
| Plant, machinery and equipment | 23 | €851 | €698 | -€153 | -18.0% |
| Furniture and vehicles | 24 | €3,832 | €1,823 | -€2,010 | -52.4% |
| Financial fixed assets | 28 | €22,978 | €22,978 | = | 0.0% |
| Current assets | 29/58 | €89,542 | €101,375 | +€11,834 | +13.2% |
| Stocks and contracts in progress | 3 | €2,850 | €2,580 | -€270 | -9.5% |
| Stocks | 30/36 | €2,850 | €2,580 | -€270 | -9.5% |
| Amounts receivable within one year | 40/41 | €61,699 | €53,184 | -€8,515 | -13.8% |
| Other amounts receivable | 41 | €61,699 | €53,184 | -€8,515 | -13.8% |
| Cash at bank and in hand | 54/58 | €24,993 | €45,612 | +€20,619 | +82.5% |
| Total equity and liabilities | 10/49 | €127,366 | €134,874 | +€7,508 | +5.9% |
| Equity | 10/15 | €92,721 | €113,725 | +€21,004 | +22.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,636 | €93,636 | +€20,000 | +27.2% |
| Distributable reserves | 133 | €73,636 | €93,636 | +€20,000 | +27.2% |
| Profit (loss) carried forward | 14 | €14,085 | €15,089 | +€1,004 | +7.1% |
| Amounts payable | 17/49 | €34,645 | €21,149 | -€13,496 | -39.0% |
| Amounts payable within one year | 42/48 | €34,645 | €21,149 | -€13,496 | -39.0% |
| Trade debts | 44 | €8,929 | €3,155 | -€5,774 | -64.7% |
| Suppliers | 440/4 | €8,929 | €3,155 | -€5,774 | -64.7% |
| Taxes, remuneration and social security | 45 | €25,716 | €17,994 | -€7,722 | -30.0% |
| Taxes | 450/3 | €17,030 | €10,367 | -€6,663 | -39.1% |
| Remuneration and social security | 454/9 | €8,686 | €7,627 | -€1,058 | -12.2% |
| Turnover | 70 | - | €368,765 | +€368,765 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €287,599 | +€287,599 | |
| Remuneration, social security and pensions | 62 | €58,058 | €53,160 | -€4,898 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,603 | €4,326 | -€6,277 | -59.2% |
| Other operating charges | 640/8 | €1,239 | €1,117 | -€122 | -9.8% |
| Gross operating margin | 9900 | €114,246 | €86,620 | -€27,625 | -24.2% |
| Operating profit (loss) | 9901 | €44,345 | €28,017 | -€16,328 | -36.8% |
| Financial income | 75/76B | €561 | €3,494 | +€2,934 | +523% |
| Recurring financial income | 75 | €561 | €3,494 | +€2,934 | +523% |
| Financial charges | 65/66B | €1,199 | €1,562 | +€363 | +30.3% |
| Recurring financial charges | 65 | €1,199 | €1,562 | +€363 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €43,707 | €29,950 | -€13,757 | -31.5% |
| Income taxes | 67/77 | €14,319 | €9,019 | -€5,299 | -37.0% |
| Profit (loss) for the period | 9904 | €29,388 | €20,931 | -€8,458 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,388 | €20,931 | -€8,458 | -28.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.