LORALES: what changed
Two fiscal 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.
LORALES
Largest movements
- Receivables within one year -€15,376
down €15,376 (-93.4%), from €16,470 to €1,094
of which Trade receivables: -€16,470
- Deferred charges and accrued income +€15,314
up €15,314 (+1741.3%), from €879 to €16,193
- Debts after one year -€43,889
down €43,889 (-10.5%), from €417,273 to €373,384
of which Financial debts: -€29,161
- Other debts +€28,355
up €28,355 (+301.3%), from €9,410 to €37,766
- Reserves +€18,899
up €18,899 (+24.6%), from €76,873 to €95,772
- Taxes +€3,618
up €3,618 (+43.7%), from €8,280 to €11,898
- Gross operating margin -€1,253
down €1,253 (-2.2%), from €57,896 to €56,642
- Other operating charges -€1,161
down €1,161 (-16.9%), from €6,868 to €5,706
- Financial charges -€1,006
down €1,006 (-7.8%), from €12,884 to €11,878
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.
Cash bridge derived
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 | €554,051 | €558,364 | +€4,313 | +0.8% |
| Formation expenses | 20 | €216 | €0 | -€216 | -100.0% |
| Fixed assets | 21/28 | €532,608 | €537,859 | +€5,252 | +1.0% |
| Tangible fixed assets | 22/27 | €282,608 | €287,859 | +€5,252 | +1.9% |
| Land and buildings | 22 | €281,337 | €287,292 | +€5,955 | +2.1% |
| Plant, machinery and equipment | 23 | €1,271 | €567 | -€703 | -55.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €21,227 | €20,504 | -€723 | -3.4% |
| Amounts receivable within one year | 40/41 | €16,470 | €1,094 | -€15,376 | -93.4% |
| Trade receivables | 40 | €16,470 | €0 | -€16,470 | -100.0% |
| Other amounts receivable | 41 | - | €1,094 | +€1,094 | |
| Cash at bank and in hand | 54/58 | €3,878 | €3,217 | -€661 | -17.0% |
| Deferred charges and accrued income | 490/1 | €879 | €16,193 | +€15,314 | +1741.3% |
| Total equity and liabilities | 10/49 | €554,051 | €558,364 | +€4,313 | +0.8% |
| Equity | 10/15 | €81,873 | €100,772 | +€18,899 | +23.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €76,873 | €95,772 | +€18,899 | +24.6% |
| Distributable reserves | 133 | €76,873 | €95,772 | +€18,899 | +24.6% |
| Amounts payable | 17/49 | €472,178 | €457,592 | -€14,586 | -3.1% |
| Amounts payable after more than one year | 17 | €417,273 | €373,384 | -€43,889 | -10.5% |
| Financial debts | 170/4 | €209,910 | €180,749 | -€29,161 | -13.9% |
| Other amounts payable | 178/9 | €207,363 | €192,635 | -€14,728 | -7.1% |
| Amounts payable within one year | 42/48 | €51,648 | €81,082 | +€29,434 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €30,559 | €32,263 | +€1,704 | +5.6% |
| Trade debts | 44 | €606 | €629 | +€23 | +3.8% |
| Suppliers | 440/4 | €606 | €629 | +€23 | +3.8% |
| Taxes, remuneration and social security | 45 | €11,072 | €10,424 | -€648 | -5.9% |
| Taxes | 450/3 | €11,072 | €10,424 | -€648 | -5.9% |
| Other amounts payable | 47/48 | €9,410 | €37,766 | +€28,355 | +301.3% |
| Accrued charges and deferred income | 492/3 | €3,257 | €3,126 | -€131 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,228 | €8,261 | +€33 | +0.4% |
| Other operating charges | 640/8 | €6,868 | €5,706 | -€1,161 | -16.9% |
| Gross operating margin | 9900 | €57,896 | €56,642 | -€1,253 | -2.2% |
| Operating profit (loss) | 9901 | €42,800 | €42,675 | -€125 | -0.3% |
| Financial charges | 65/66B | €12,884 | €11,878 | -€1,006 | -7.8% |
| Recurring financial charges | 65 | €12,884 | €11,878 | -€1,006 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €29,916 | €30,797 | +€881 | +2.9% |
| Income taxes | 67/77 | €8,280 | €11,898 | +€3,618 | +43.7% |
| Profit (loss) for the period | 9904 | €21,635 | €18,899 | -€2,737 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,635 | €18,899 | -€2,737 | -12.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.