LORABOIS: 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.
LORABOIS
Largest movements
- Cash -€20,258
down €20,258 (-36.4%), from €55,718 to €35,460
mainly Net result for the year (-€15,238) and Trade debts (-€12,080)
- Receivables within one year -€4,048
down €4,048 (-11.3%), from €35,670 to €31,622
of which Other amounts receivable: -€4,409
- Tangible fixed assets -€2,834
down €2,834 (-2.4%), from €118,480 to €115,646
of which Plant, machinery and equipment: -€2,287
- Revaluation surpluses -€95,026
no longer reported in 2025 (was €95,026)
- Reserves +€95,026
up €95,026 (+2,728%), from €3,483 to €98,509
of which Distributable reserves: +€95,026
- Profit (loss) carried forward -€15,238
down €15,238 (-16.9%), from -€90,178 to -€105,416
- Trade debts -€12,080
down €12,080 (-90.2%), from €13,399 to €1,319
- Gross operating margin -€28,968
down €28,968, from €22,629 to -€6,339
- Depreciation +€4,233
up €4,233 (+103%), from €4,115 to €8,348
- Other operating charges -€1,695
down €1,695 (-78.0%), from €2,174 to €479
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 | €221,030 | €193,890 | -€27,140 | -12.3% |
| Fixed assets | 21/28 | €118,480 | €115,646 | -€2,834 | -2.4% |
| Tangible fixed assets | 22/27 | €118,480 | €115,646 | -€2,834 | -2.4% |
| Land and buildings | 22 | €96,673 | €97,376 | +€703 | +0.7% |
| Plant, machinery and equipment | 23 | €19,396 | €17,109 | -€2,287 | -11.8% |
| Furniture and vehicles | 24 | €2,411 | €1,161 | -€1,250 | -51.8% |
| Current assets | 29/58 | €102,550 | €78,244 | -€24,306 | -23.7% |
| Stocks and contracts in progress | 3 | €11,162 | €11,162 | = | 0.0% |
| Stocks | 30/36 | €11,162 | €11,162 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,670 | €31,622 | -€4,048 | -11.3% |
| Trade receivables | 40 | €29,689 | €30,050 | +€361 | +1.2% |
| Other amounts receivable | 41 | €5,981 | €1,572 | -€4,409 | -73.7% |
| Cash at bank and in hand | 54/58 | €55,718 | €35,460 | -€20,258 | -36.4% |
| Total equity and liabilities | 10/49 | €221,030 | €193,890 | -€27,140 | -12.3% |
| Equity | 10/15 | €27,171 | €11,933 | -€15,238 | -56.1% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Revaluation surpluses | 12 | €95,026 | - | -€95,026 | |
| Reserves | 13 | €3,483 | €98,509 | +€95,026 | +2,728% |
| Non-distributable reserves | 130/1 | €384 | €384 | = | 0.0% |
| Reserves not available under the articles | 1311 | €384 | €384 | = | 0.0% |
| Distributable reserves | 133 | €3,099 | €98,125 | +€95,026 | +3,066% |
| Profit (loss) carried forward | 14 | -€90,178 | -€105,416 | -€15,238 | -16.9% |
| Amounts payable | 17/49 | €193,859 | €181,957 | -€11,902 | -6.1% |
| Amounts payable within one year | 42/48 | €193,859 | €181,957 | -€11,902 | -6.1% |
| Trade debts | 44 | €13,399 | €1,319 | -€12,080 | -90.2% |
| Suppliers | 440/4 | €13,399 | €1,319 | -€12,080 | -90.2% |
| Other amounts payable | 47/48 | €180,460 | €180,638 | +€178 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,115 | €8,348 | +€4,233 | +103% |
| Other operating charges | 640/8 | €2,174 | €479 | -€1,695 | -78.0% |
| Gross operating margin | 9900 | €22,629 | -€6,339 | -€28,968 | |
| Operating profit (loss) | 9901 | €16,340 | -€15,166 | -€31,506 | |
| Financial charges | 65/66B | €68 | €72 | +€4 | +5.9% |
| Recurring financial charges | 65 | €68 | €72 | +€4 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €16,272 | -€15,238 | -€31,510 | |
| Profit (loss) for the period | 9904 | €16,272 | -€15,238 | -€31,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,272 | -€15,238 | -€31,510 |
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 14 October 2026 via checked.be.