LALORY: 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.
LALORY
Largest movements
- Tangible fixed assets -€38,058
down €38,058 (-3.2%), from €1.2m to €1.1m
- Cash +€31,422
up €31,422 (+24.0%), from €130,673 to €162,095
mainly Other debts (+€46,914) and Depreciation (+€38,058)
- Receivables within one year -€20,573
no longer reported in 2025 (was €20,573)
- Other debts +€46,914
up €46,914 (+8.0%), from €585,106 to €632,020
- Profit (loss) carried forward -€44,073
down €44,073 (-30.3%), from €145,232 to €101,159
- Reserves -€13,929
down €13,929 (-2.5%), from €550,501 to €536,572
of which Tax-exempt reserves: -€13,929
- Debts after one year -€13,686
no longer reported in 2025 (was €13,686)
- Gross operating margin -€31,608
down €31,608, from €21,240 to -€10,368
- Financial charges -€1,049
down €1,049 (-39.7%), from €2,639 to €1,590
- Taxes +€750
new in 2025: €750
- Financial income +€546
up €546 (+97.1%), from €562 to €1,108
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 | €1,333,567 | €1,307,073 | -€26,494 | -2.0% |
| Fixed assets | 21/28 | €1,182,321 | €1,144,263 | -€38,058 | -3.2% |
| Tangible fixed assets | 22/27 | €1,182,321 | €1,144,263 | -€38,058 | -3.2% |
| Land and buildings | 22 | €1,182,321 | €1,144,263 | -€38,058 | -3.2% |
| Current assets | 29/58 | €151,246 | €162,810 | +€11,564 | +7.6% |
| Amounts receivable within one year | 40/41 | €20,573 | - | -€20,573 | |
| Other amounts receivable | 41 | €20,573 | - | -€20,573 | |
| Cash at bank and in hand | 54/58 | €130,673 | €162,095 | +€31,422 | +24.0% |
| Deferred charges and accrued income | 490/1 | - | €715 | +€715 | |
| Total equity and liabilities | 10/49 | €1,333,567 | €1,307,073 | -€26,494 | -2.0% |
| Equity | 10/15 | €708,132 | €650,131 | -€58,002 | -8.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €550,501 | €536,572 | -€13,929 | -2.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €258,772 | €244,843 | -€13,929 | -5.4% |
| Distributable reserves | 133 | €289,869 | €289,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,232 | €101,159 | -€44,073 | -30.3% |
| Amounts payable | 17/49 | €625,434 | €656,942 | +€31,508 | +5.0% |
| Amounts payable after more than one year | 17 | €13,686 | - | -€13,686 | |
| Financial debts | 170/4 | €13,686 | - | -€13,686 | |
| Amounts payable within one year | 42/48 | €611,748 | €656,942 | +€45,194 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €22,542 | €13,686 | -€8,856 | -39.3% |
| Trade debts | 44 | €4,100 | €11,236 | +€7,136 | +174% |
| Suppliers | 440/4 | €4,100 | €11,236 | +€7,136 | +174% |
| Other amounts payable | 47/48 | €585,106 | €632,020 | +€46,914 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,033 | €38,058 | +€25 | +0.1% |
| Other operating charges | 640/8 | €8,167 | €8,343 | +€177 | +2.2% |
| Gross operating margin | 9900 | €21,240 | -€10,368 | -€31,608 | |
| Operating profit (loss) | 9901 | -€24,960 | -€56,770 | -€31,810 | -127% |
| Financial income | 75/76B | €562 | €1,108 | +€546 | +97.1% |
| Recurring financial income | 75 | €562 | €1,108 | +€546 | +97.1% |
| Financial charges | 65/66B | €2,639 | €1,590 | -€1,049 | -39.7% |
| Recurring financial charges | 65 | €2,639 | €1,590 | -€1,049 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,037 | -€57,252 | -€30,215 | -112% |
| Income taxes | 67/77 | - | €750 | +€750 | |
| Profit (loss) for the period | 9904 | -€27,037 | -€58,002 | -€30,965 | -115% |
| Transfer from tax-exempt reserves | 789 | €13,929 | €13,929 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,107 | -€44,073 | -€30,965 | -236% |
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 16 October 2026 via checked.be.