LORE BOUTTON: 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.
LORE BOUTTON
Largest movements
- Cash +€24,332
up €24,332 (+73.4%), from €33,149 to €57,481
mainly Other debts (+€21,850) and Net result for the year (+€16,358)
- Tangible fixed assets -€5,797
down €5,797 (-34.3%), from €16,894 to €11,097
of which Furniture and vehicles: -€5,472
- Receivables within one year +€2,486
up €2,486 (+16.4%), from €15,205 to €17,691
- Other debts +€21,850
up €21,850 (+465%), from €4,702 to €26,552
- Reserves -€5,423
down €5,423 (-10.4%), from €51,898 to €46,475
- Tax, wage and social debts +€4,092
up €4,092 (+532%), from €768 to €4,860
of which Remuneration and social security: +€2,369
- Gross operating margin +€6,764
up €6,764 (+26.0%), from €25,998 to €32,762
- Taxes +€1,730
up €1,730 (+30.5%), from €5,664 to €7,394
- Depreciation +€332
up €332 (+4.3%), from €7,649 to €7,981
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 | €66,510 | €86,969 | +€20,459 | +30.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,894 | €11,097 | -€5,797 | -34.3% |
| Tangible fixed assets | 22/27 | €16,894 | €11,097 | -€5,797 | -34.3% |
| Land and buildings | 22 | €772 | €447 | -€325 | -42.1% |
| Furniture and vehicles | 24 | €16,122 | €10,650 | -€5,472 | -33.9% |
| Current assets | 29/58 | €49,616 | €75,872 | +€26,256 | +52.9% |
| Amounts receivable within one year | 40/41 | €15,205 | €17,691 | +€2,486 | +16.4% |
| Trade receivables | 40 | €15,205 | €17,691 | +€2,486 | +16.4% |
| Cash at bank and in hand | 54/58 | €33,149 | €57,481 | +€24,332 | +73.4% |
| Deferred charges and accrued income | 490/1 | €1,262 | €699 | -€563 | -44.6% |
| Total equity and liabilities | 10/49 | €66,510 | €86,969 | +€20,459 | +30.8% |
| Equity | 10/15 | €56,898 | €51,475 | -€5,423 | -9.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,898 | €46,475 | -€5,423 | -10.4% |
| Distributable reserves | 133 | €51,898 | €46,475 | -€5,423 | -10.4% |
| Amounts payable | 17/49 | €9,613 | €35,494 | +€25,881 | +269% |
| Amounts payable within one year | 42/48 | €7,933 | €33,994 | +€26,061 | +329% |
| Financial debts | 43 | €417 | €417 | = | 0.0% |
| Other loans | 439 | €417 | €417 | = | 0.0% |
| Trade debts | 44 | €2,046 | €2,165 | +€120 | +5.8% |
| Suppliers | 440/4 | €2,046 | €2,165 | +€120 | +5.8% |
| Taxes, remuneration and social security | 45 | €768 | €4,860 | +€4,092 | +532% |
| Taxes | 450/3 | €768 | €2,490 | +€1,722 | +224% |
| Remuneration and social security | 454/9 | - | €2,369 | +€2,369 | |
| Other amounts payable | 47/48 | €4,702 | €26,552 | +€21,850 | +465% |
| Accrued charges and deferred income | 492/3 | €1,680 | €1,500 | -€180 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,649 | €7,981 | +€332 | +4.3% |
| Other operating charges | 640/8 | €482 | €439 | -€43 | -8.9% |
| Gross operating margin | 9900 | €25,998 | €32,762 | +€6,764 | +26.0% |
| Operating profit (loss) | 9901 | €17,867 | €24,342 | +€6,475 | +36.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €617 | €591 | -€26 | -4.2% |
| Recurring financial charges | 65 | €617 | €591 | -€26 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €17,250 | €23,752 | +€6,502 | +37.7% |
| Income taxes | 67/77 | €5,664 | €7,394 | +€1,730 | +30.5% |
| Profit (loss) for the period | 9904 | €11,586 | €16,358 | +€4,772 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,586 | €16,358 | +€4,772 | +41.2% |
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 27 October 2026 via checked.be.