Lalore: 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.
Lalore
Largest movements
- Cash -€55,739
down €55,739 (-70.7%), from €78,880 to €23,142
mainly Contributions, distributions and other (-€145,985) and Net result for the year (-€21,225)
- Receivables within one year -€26,568
down €26,568 (-84.6%), from €31,394 to €4,825
of which Trade receivables: -€24,469
- Current investments +€18,472
up €18,472 (+28.8%), from €64,213 to €82,685
- Tangible fixed assets -€7,111
down €7,111 (-74.1%), from €9,599 to €2,488
of which Furniture and vehicles: -€6,312
- Reserves -€145,985
no longer reported in 2025 (was €145,985)
- Other debts +€102,223
up €102,223 (+359%), from €28,513 to €130,735
- Profit (loss) carried forward -€21,225
new in 2025: -€21,225
- Tax, wage and social debts -€6,478
no longer reported in 2025 (was €6,478)
- Accrued charges and deferred income -€2,017
no longer reported in 2025 (was €2,017)
- Gross operating margin -€62,782
down €62,782, from €49,652 to -€13,130
- Taxes -€10,233
down €10,233 (-98.9%), from €10,351 to €118
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 | €185,545 | €113,569 | -€71,976 | -38.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,599 | €2,488 | -€7,111 | -74.1% |
| Tangible fixed assets | 22/27 | €9,599 | €2,488 | -€7,111 | -74.1% |
| Plant, machinery and equipment | 23 | €1,825 | €1,025 | -€800 | -43.8% |
| Furniture and vehicles | 24 | €7,774 | €1,463 | -€6,312 | -81.2% |
| Current assets | 29/58 | €175,946 | €111,081 | -€64,865 | -36.9% |
| Amounts receivable within one year | 40/41 | €31,394 | €4,825 | -€26,568 | -84.6% |
| Trade receivables | 40 | €26,745 | €2,276 | -€24,469 | -91.5% |
| Other amounts receivable | 41 | €4,649 | €2,549 | -€2,100 | -45.2% |
| Current investments | 50/53 | €64,213 | €82,685 | +€18,472 | +28.8% |
| Cash at bank and in hand | 54/58 | €78,880 | €23,142 | -€55,739 | -70.7% |
| Deferred charges and accrued income | 490/1 | €1,459 | €429 | -€1,030 | -70.6% |
| Total equity and liabilities | 10/49 | €185,545 | €113,569 | -€71,976 | -38.8% |
| Equity | 10/15 | €148,485 | -€18,725 | -€167,210 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €145,985 | - | -€145,985 | |
| Distributable reserves | 133 | €145,985 | - | -€145,985 | |
| Profit (loss) carried forward | 14 | - | -€21,225 | -€21,225 | |
| Amounts payable | 17/49 | €37,060 | €132,293 | +€95,234 | +257% |
| Amounts payable within one year | 42/48 | €35,043 | €132,293 | +€97,251 | +278% |
| Trade debts | 44 | €52 | €1,558 | +€1,506 | +2,913% |
| Suppliers | 440/4 | €52 | €1,558 | +€1,506 | +2,913% |
| Taxes, remuneration and social security | 45 | €6,478 | - | -€6,478 | |
| Taxes | 450/3 | €6,478 | - | -€6,478 | |
| Other amounts payable | 47/48 | €28,513 | €130,735 | +€102,223 | +359% |
| Accrued charges and deferred income | 492/3 | €2,017 | - | -€2,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,111 | €7,111 | = | 0.0% |
| Other operating charges | 640/8 | €781 | €1,238 | +€457 | +58.5% |
| Gross operating margin | 9900 | €49,652 | -€13,130 | -€62,782 | |
| Operating profit (loss) | 9901 | €41,759 | -€21,479 | -€63,239 | |
| Financial income | 75/76B | - | €473 | +€473 | |
| Recurring financial income | 75 | - | €473 | +€473 | |
| Financial charges | 65/66B | €8 | €100 | +€92 | +1,152% |
| Recurring financial charges | 65 | €8 | €100 | +€92 | +1,152% |
| Profit (loss) for the period before taxes | 9903 | €41,751 | -€21,106 | -€62,858 | |
| Income taxes | 67/77 | €10,351 | €118 | -€10,233 | -98.9% |
| Profit (loss) for the period | 9904 | €31,400 | -€21,225 | -€52,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,400 | -€21,225 | -€52,625 |
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.