LORATEC: 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.
LORATEC
Largest movements
- Cash +€52,671
up €52,671 (+185.5%), from €28,398 to €81,069
mainly Net result for the year (+€41,951) and Debts after one year (+€32,014)
- Tangible fixed assets +€21,394
up €21,394 (+43.4%), from €49,251 to €70,645
of which Leasing and similar rights: +€47,136
- Receivables within one year +€18,977
up €18,977 (+287.3%), from €6,604 to €25,582
of which Trade receivables: +€17,937
- Deferred charges and accrued income +€3,693
up €3,693 (+364.9%), from €1,012 to €4,704
- Reserves +€41,951
up €41,951 (+329.4%), from €12,735 to €54,686
- Debts after one year +€32,014
up €32,014 (+254.4%), from €12,583 to €44,597
- Tax, wage and social debts +€11,272
up €11,272 (+146.5%), from €7,692 to €18,965
of which Taxes: +€11,256
- Current portion of long-term debt +€9,501
up €9,501 (+183.5%), from €5,178 to €14,679
- Gross operating margin +€50,849
up €50,849 (+171.3%), from €29,685 to €80,535
- Taxes +€11,256
up €11,256 (+214.0%), from €5,260 to €16,516
- Financial charges +€1,632
up €1,632 (+156.1%), from €1,045 to €2,677
- Other operating charges +€962
up €962 (+156.5%), from €615 to €1,576
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 | €85,267 | €182,001 | +€96,734 | +113.4% |
| Fixed assets | 21/28 | €49,252 | €70,646 | +€21,394 | +43.4% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -22.0% |
| Tangible fixed assets | 22/27 | €49,251 | €70,645 | +€21,394 | +43.4% |
| Plant, machinery and equipment | 23 | €1,093 | €973 | -€120 | -10.9% |
| Furniture and vehicles | 24 | €48,158 | €22,536 | -€25,622 | -53.2% |
| Leasing and similar rights | 25 | - | €47,136 | +€47,136 | |
| Current assets | 29/58 | €36,015 | €111,355 | +€75,341 | +209.2% |
| Amounts receivable within one year | 40/41 | €6,604 | €25,582 | +€18,977 | +287.3% |
| Trade receivables | 40 | €1,424 | €19,361 | +€17,937 | +1259.6% |
| Other amounts receivable | 41 | €5,180 | €6,221 | +€1,040 | +20.1% |
| Cash at bank and in hand | 54/58 | €28,398 | €81,069 | +€52,671 | +185.5% |
| Deferred charges and accrued income | 490/1 | €1,012 | €4,704 | +€3,693 | +364.9% |
| Total equity and liabilities | 10/49 | €85,267 | €182,001 | +€96,734 | +113.4% |
| Equity | 10/15 | €17,735 | €59,686 | +€41,951 | +236.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,735 | €54,686 | +€41,951 | +329.4% |
| Distributable reserves | 133 | €12,735 | €54,686 | +€41,951 | +329.4% |
| Amounts payable | 17/49 | €67,531 | €122,315 | +€54,784 | +81.1% |
| Amounts payable after more than one year | 17 | €12,583 | €44,597 | +€32,014 | +254.4% |
| Financial debts | 170/4 | €12,583 | €44,597 | +€32,014 | +254.4% |
| Amounts payable within one year | 42/48 | €54,183 | €76,463 | +€22,280 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €5,178 | €14,679 | +€9,501 | +183.5% |
| Trade debts | 44 | €4,591 | €5,891 | +€1,300 | +28.3% |
| Suppliers | 440/4 | €4,591 | €5,891 | +€1,300 | +28.3% |
| Taxes, remuneration and social security | 45 | €7,692 | €18,965 | +€11,272 | +146.5% |
| Taxes | 450/3 | €5,260 | €16,516 | +€11,256 | +214.0% |
| Remuneration and social security | 454/9 | €2,433 | €2,449 | +€16 | +0.7% |
| Other amounts payable | 47/48 | €36,721 | €36,928 | +€207 | +0.6% |
| Accrued charges and deferred income | 492/3 | €765 | €1,255 | +€490 | +64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,035 | €9,411 | -€625 | -6.2% |
| Other operating charges | 640/8 | €615 | €1,576 | +€962 | +156.5% |
| Non-recurring operating charges | 66A | - | €8,406 | +€8,406 | |
| Gross operating margin | 9900 | €29,685 | €80,535 | +€50,849 | +171.3% |
| Operating profit (loss) | 9901 | €19,035 | €61,142 | +€42,107 | +221.2% |
| Financial income | 75/76B | €5 | €1 | -€4 | -74.6% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -74.6% |
| Financial charges | 65/66B | €1,045 | €2,677 | +€1,632 | +156.1% |
| Recurring financial charges | 65 | €1,045 | €2,677 | +€1,632 | +156.1% |
| Profit (loss) for the period before taxes | 9903 | €17,995 | €58,466 | +€40,471 | +224.9% |
| Income taxes | 67/77 | €5,260 | €16,516 | +€11,256 | +214.0% |
| Profit (loss) for the period | 9904 | €12,735 | €41,951 | +€29,216 | +229.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,735 | €41,951 | +€29,216 | +229.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.