LORE RYDE: 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 RYDE
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+7,571%), from €21,439 to €1.6m
of which Land and buildings: +€1.6m
- Cash -€36,114
down €36,114 (-24.4%), from €148,286 to €112,171
mainly Investment in fixed assets (net) (-€1.6m) and Other debts (-€40,340)
- Stocks and contracts +€31,808
new in 2025: €31,808
- Receivables within one year +€31,709
up €31,709 (+893%), from €3,553 to €35,261
of which Trade receivables: +€20,311
- Deferred charges and accrued income -€25,661
down €25,661 (-96.6%), from €26,569 to €907
- Debts after one year +€1.6m
new in 2025: €1.6m
- Other debts -€40,340
down €40,340 (-26.0%), from €155,048 to €114,707
- Trade debts +€35,244
new in 2025: €35,244
- Gross operating margin -€164,492
down €164,492 (-72.5%), from €226,854 to €62,362
- Taxes -€48,645
down €48,645 (-99.4%), from €48,921 to €276
- Financial charges +€17,015
up €17,015 (+39,116%), from €44 to €17,059
- Depreciation +€5,202
up €5,202 (+27.0%), from €19,240 to €24,443
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 | €199,846 | €1,824,760 | +€1.6m | +813% |
| Fixed assets | 21/28 | €21,439 | €1,644,612 | +€1.6m | +7,571% |
| Tangible fixed assets | 22/27 | €21,439 | €1,644,612 | +€1.6m | +7,571% |
| Land and buildings | 22 | - | €1,600,312 | +€1.6m | |
| Plant, machinery and equipment | 23 | €5,808 | €33,085 | +€27,277 | +470% |
| Furniture and vehicles | 24 | €11,639 | €8,583 | -€3,056 | -26.3% |
| Other tangible fixed assets | 26 | €3,992 | €2,631 | -€1,361 | -34.1% |
| Current assets | 29/58 | €178,407 | €180,148 | +€1,741 | +1.0% |
| Stocks and contracts in progress | 3 | - | €31,808 | +€31,808 | |
| Stocks | 30/36 | - | €31,808 | +€31,808 | |
| Amounts receivable within one year | 40/41 | €3,553 | €35,261 | +€31,709 | +893% |
| Trade receivables | 40 | - | €20,311 | +€20,311 | |
| Other amounts receivable | 41 | €3,553 | €14,950 | +€11,398 | +321% |
| Cash at bank and in hand | 54/58 | €148,286 | €112,171 | -€36,114 | -24.4% |
| Deferred charges and accrued income | 490/1 | €26,569 | €907 | -€25,661 | -96.6% |
| Total equity and liabilities | 10/49 | €199,846 | €1,824,760 | +€1.6m | +813% |
| Equity | 10/15 | €25,945 | €26,726 | +€781 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,345 | €8,126 | +€781 | +10.6% |
| Non-distributable reserves | 130/1 | €2,552 | €2,552 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,552 | €2,552 | = | 0.0% |
| Distributable reserves | 133 | €4,793 | €5,574 | +€781 | +16.3% |
| Amounts payable | 17/49 | €173,901 | €1,798,034 | +€1.6m | +934% |
| Amounts payable after more than one year | 17 | - | €1,644,483 | +€1.6m | |
| Financial debts | 170/4 | - | €1,644,483 | +€1.6m | |
| Amounts payable within one year | 42/48 | €173,901 | €153,551 | -€20,350 | -11.7% |
| Trade debts | 44 | - | €35,244 | +€35,244 | |
| Suppliers | 440/4 | - | €35,244 | +€35,244 | |
| Taxes, remuneration and social security | 45 | €18,854 | €3,600 | -€15,254 | -80.9% |
| Taxes | 450/3 | €18,854 | €3,600 | -€15,254 | -80.9% |
| Other amounts payable | 47/48 | €155,048 | €114,707 | -€40,340 | -26.0% |
| Remuneration, social security and pensions | 62 | €660 | - | -€660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,240 | €24,443 | +€5,202 | +27.0% |
| Other operating charges | 640/8 | €588 | €574 | -€14 | -2.4% |
| Gross operating margin | 9900 | €226,854 | €62,362 | -€164,492 | -72.5% |
| Operating profit (loss) | 9901 | €206,365 | €37,346 | -€169,019 | -81.9% |
| Financial income | 75/76B | €224 | €770 | +€546 | +244% |
| Recurring financial income | 75 | €224 | €770 | +€546 | +244% |
| Financial charges | 65/66B | €44 | €17,059 | +€17,015 | +39,116% |
| Recurring financial charges | 65 | €44 | €17,059 | +€17,015 | +39,116% |
| Profit (loss) for the period before taxes | 9903 | €206,545 | €21,056 | -€185,489 | -89.8% |
| Income taxes | 67/77 | €48,921 | €276 | -€48,645 | -99.4% |
| Profit (loss) for the period | 9904 | €157,624 | €20,781 | -€136,844 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €157,624 | €20,781 | -€136,844 | -86.8% |
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.