Lore De Bie: 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 De Bie
Largest movements
- Receivables within one year +€3,603
up €3,603 (+35.0%), from €10,307 to €13,910
- Tangible fixed assets -€1,004
down €1,004 (-17.7%), from €5,673 to €4,669
- Profit (loss) carried forward +€2,130
up €2,130 (+217%), from €983 to €3,113
- Accrued charges and deferred income -€800
no longer reported in 2025 (was €800)
- Gross operating margin -€4,376
down €4,376 (-39.9%), from €10,973 to €6,597
- Taxes +€610
up €610 (+62.8%), from €972 to €1,582
- Depreciation +€204
up €204 (+25.6%), from €799 to €1,004
- Financial income +€148
up €148 (+35.3%), from €418 to €566
- Financial charges -€145
down €145 (-7.6%), from €1,906 to €1,761
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 | €68,318 | €69,936 | +€1,618 | +2.4% |
| Fixed assets | 21/28 | €5,673 | €4,669 | -€1,004 | -17.7% |
| Tangible fixed assets | 22/27 | €5,673 | €4,669 | -€1,004 | -17.7% |
| Furniture and vehicles | 24 | €5,673 | €4,669 | -€1,004 | -17.7% |
| Current assets | 29/58 | €62,645 | €65,266 | +€2,622 | +4.2% |
| Amounts receivable within one year | 40/41 | €10,307 | €13,910 | +€3,603 | +35.0% |
| Other amounts receivable | 41 | €10,307 | €13,910 | +€3,603 | +35.0% |
| Cash at bank and in hand | 54/58 | €51,257 | €50,789 | -€468 | -0.9% |
| Deferred charges and accrued income | 490/1 | €1,080 | €567 | -€513 | -47.5% |
| Total equity and liabilities | 10/49 | €68,318 | €69,936 | +€1,618 | +2.4% |
| Equity | 10/15 | €65,983 | €68,113 | +€2,130 | +3.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €64,000 | €64,000 | = | 0.0% |
| Distributable reserves | 133 | €64,000 | €64,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €983 | €3,113 | +€2,130 | +217% |
| Amounts payable | 17/49 | €2,334 | €1,823 | -€512 | -21.9% |
| Amounts payable within one year | 42/48 | €1,534 | €1,823 | +€288 | +18.8% |
| Trade debts | 44 | €1,534 | €1,823 | +€288 | +18.8% |
| Suppliers | 440/4 | €1,534 | €1,823 | +€288 | +18.8% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799 | €1,004 | +€204 | +25.6% |
| Other operating charges | 640/8 | €750 | €687 | -€63 | -8.4% |
| Gross operating margin | 9900 | €10,973 | €6,597 | -€4,376 | -39.9% |
| Operating profit (loss) | 9901 | €9,424 | €4,907 | -€4,517 | -47.9% |
| Financial income | 75/76B | €418 | €566 | +€148 | +35.3% |
| Recurring financial income | 75 | €418 | €566 | +€148 | +35.3% |
| Financial charges | 65/66B | €1,906 | €1,761 | -€145 | -7.6% |
| Recurring financial charges | 65 | €1,906 | €1,761 | -€145 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €7,937 | €3,712 | -€4,225 | -53.2% |
| Income taxes | 67/77 | €972 | €1,582 | +€610 | +62.8% |
| Profit (loss) for the period | 9904 | €6,965 | €2,130 | -€4,835 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,965 | €2,130 | -€4,835 | -69.4% |
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 25 October 2026 via checked.be.