LORAX: what changed
What changed
LORAX
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €1.2m+€264,392
Equity
€4.5m
2024 · €3.1m+€1.4m
Cash
€194,042
2024 · €428,918-€234,876
Balance sheet total
€4.9m
2024 · €3.9m+€1.1m
Largest movements
Assets
- Current investments +€2.4m
new in 2025: €2.4m
- Receivables within one year -€2.0m
down €2.0m (-95.4%), from €2.0m to €94,244
of which Trade receivables: -€1.3m
- Receivables after one year +€477,606
up €477,606 (+2,133%), from €22,394 to €500,000
- Tangible fixed assets +€337,635
up €337,635 (+52.4%), from €644,348 to €981,983
of which Assets under construction and advance payments: +€227,746
- Cash -€234,876
down €234,876 (-54.8%), from €428,918 to €194,042
mainly Current investments (-€2.4m) and Trade debts (-€662,449)
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+47.3%), from €3.0m to €4.4m
- Trade debts -€662,449
down €662,449 (-98.9%), from €669,522 to €7,073
- Debts after one year +€328,505
new in 2025: €328,505
Income statement
- Services and other goods -€983,412
down €983,412 (-78.4%), from €1.3m to €270,294
- Other operating income -€961,037
down €961,037 (-95.1%), from €1.0m to €49,297
- Financial income +€482,324
up €482,324 (+48.8%), from €987,512 to €1.5m
- Turnover -€159,325
down €159,325 (-30.7%), from €519,325 to €360,000
- Taxes -€42,946
down €42,946 (-64.2%), from €66,939 to €23,993
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.2m
Turnover
-€159,325
Other operating income
-€961,037
Services and other goods
+€983,412
Depreciation
-€306
Other operating charges
-€42,513
Other operating items
-€45,199
Financial income
+€482,324
Financial charges
-€35,908
Taxes
+€42,946
Result 2025
€1.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.2m
Investment
-€2.8m
Financing
+€367,153
Cash 2024
€428,918
From operations (derived)
+€2.2m
Net result for the year
+€1.4m
Depreciation
+€75,485
Receivables after one year
-€477,606
Receivables within one year
+€2.0m
Deferred charges and accrued income
-€5,830
Trade debts
-€662,449
Tax, wage and social debts
-€29,931
Accrued charges and deferred income
-€34,630
Investment (derived)
-€2.8m
Investment in fixed assets (net)
-€413,120
Current investments
-€2.4m
Financing
+€367,153
Debts after one year
+€328,505
Current portion of long-term debt
+€38,648
Cash 2025
€194,042
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,871,441 | €4,939,416 | +€1.1m | +27.6% |
| Fixed assets | 21/28 | €1,369,348 | €1,706,983 | +€337,635 | +24.7% |
| Tangible fixed assets | 22/27 | €644,348 | €981,983 | +€337,635 | +52.4% |
| Land and buildings | 22 | €318,166 | €491,796 | +€173,631 | +54.6% |
| Furniture and vehicles | 24 | €303,366 | €243,423 | -€59,944 | -19.8% |
| Other tangible fixed assets | 26 | €22,816 | €19,018 | -€3,798 | -16.6% |
| Assets under construction and advance payments | 27 | - | €227,746 | +€227,746 | |
| Financial fixed assets | 28 | €725,000 | €725,000 | = | 0.0% |
| Affiliated companies | 280/1 | €725,000 | €725,000 | = | 0.0% |
| Participating interests | 280 | €725,000 | €725,000 | = | 0.0% |
| Current assets | 29/58 | €2,502,093 | €3,232,433 | +€730,340 | +29.2% |
| Amounts receivable after more than one year | 29 | €22,394 | €500,000 | +€477,606 | +2,133% |
| Other amounts receivable | 291 | €22,394 | €500,000 | +€477,606 | +2,133% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,045,535 | €94,244 | -€2.0m | -95.4% |
| Trade receivables | 40 | €1,318,308 | €7,768 | -€1.3m | -99.4% |
| Other amounts receivable | 41 | €727,227 | €86,476 | -€640,752 | -88.1% |
| Current investments | 50/53 | - | €2,433,071 | +€2.4m | |
| Other investments | 51/53 | - | €2,433,071 | +€2.4m | |
| Cash at bank and in hand | 54/58 | €428,918 | €194,042 | -€234,876 | -54.8% |
| Deferred charges and accrued income | 490/1 | €5,246 | €11,076 | +€5,830 | +111% |
| Total equity and liabilities | 10/49 | €3,871,441 | €4,939,416 | +€1.1m | +27.6% |
| Equity | 10/15 | €3,117,925 | €4,545,757 | +€1.4m | +45.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,017,925 | €4,445,757 | +€1.4m | +47.3% |
| Distributable reserves | 133 | €3,017,925 | €4,445,757 | +€1.4m | +47.3% |
| Amounts payable | 17/49 | €753,516 | €393,659 | -€359,857 | -47.8% |
| Amounts payable after more than one year | 17 | - | €328,505 | +€328,505 | |
| Financial debts | 170/4 | - | €328,505 | +€328,505 | |
| Credit institutions | 173 | - | €328,505 | +€328,505 | |
| Amounts payable within one year | 42/48 | €718,886 | €65,154 | -€653,733 | -90.9% |
| Current portion of amounts payable after more than one year | 42 | - | €38,648 | +€38,648 | |
| Trade debts | 44 | €669,522 | €7,073 | -€662,449 | -98.9% |
| Suppliers | 440/4 | €669,522 | €7,073 | -€662,449 | -98.9% |
| Taxes, remuneration and social security | 45 | €49,364 | €19,434 | -€29,931 | -60.6% |
| Taxes | 450/3 | €42,987 | €15,934 | -€27,053 | -62.9% |
| Remuneration and social security | 454/9 | €6,377 | €3,500 | -€2,877 | -45.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €34,630 | €0 | -€34,630 | -100% |
| Operating income | 70/76A | €1,574,954 | €409,393 | -€1.2m | -74.0% |
| Turnover | 70 | €519,325 | €360,000 | -€159,325 | -30.7% |
| Other operating income | 74 | €1,010,334 | €49,297 | -€961,037 | -95.1% |
| Non-recurring operating income | 76A | €45,295 | €96 | -€45,199 | -99.8% |
| Operating charges | 60/66A | €1,331,733 | €391,140 | -€940,593 | -70.6% |
| Services and other goods | 61 | €1,253,706 | €270,294 | -€983,412 | -78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,179 | €75,485 | +€306 | +0.4% |
| Other operating charges | 640/8 | €2,848 | €45,361 | +€42,513 | +1,493% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €243,222 | €18,253 | -€224,969 | -92.5% |
| Financial income | 75/76B | €987,512 | €1,469,836 | +€482,324 | +48.8% |
| Recurring financial income | 75 | €987,512 | €1,469,836 | +€482,324 | +48.8% |
| Income from financial fixed assets | 750 | €980,000 | €1,421,000 | +€441,000 | +45.0% |
| Income from current assets | 751 | €1,893 | €24,792 | +€22,899 | +1,210% |
| Other financial income | 752/9 | €5,619 | €24,044 | +€18,425 | +328% |
| Financial charges | 65/66B | €355 | €36,264 | +€35,908 | +10,110% |
| Recurring financial charges | 65 | €355 | €36,264 | +€35,908 | +10,110% |
| Debt charges | 650 | €191 | €8,272 | +€8,081 | +4,226% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €23,525 | +€23,525 | |
| Other financial charges | 652/9 | €164 | €4,466 | +€4,302 | +2,624% |
| Profit (loss) for the period before taxes | 9903 | €1,230,379 | €1,451,825 | +€221,447 | +18.0% |
| Income taxes | 67/77 | €66,939 | €23,993 | -€42,946 | -64.2% |
| Taxes | 670/3 | €66,939 | €23,993 | -€42,946 | -64.2% |
| Profit (loss) for the period | 9904 | €1,163,440 | €1,427,832 | +€264,392 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,163,440 | €1,427,832 | +€264,392 | +22.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.