Lore Vanhoutte: 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 Vanhoutte
Largest movements
- Receivables within one year +€172,486
up €172,486, from €0 to €172,486
of which Trade receivables: +€167,461
- Debts after one year +€123,333
up €123,333 (+58.7%), from €210,001 to €333,335
- Reserves +€94,177
up €94,177 (+17.2%), from €548,508 to €642,684
of which Distributable reserves: +€94,177
- Other debts -€51,209
down €51,209 (-89.1%), from €57,480 to €6,271
- Gross operating margin +€29,467
up €29,467 (+13.7%), from €215,291 to €244,758
- Taxes +€7,355
up €7,355 (+15.4%), from €47,681 to €55,036
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 | €938,141 | €1,109,671 | +€171,531 | +18.3% |
| Fixed assets | 21/28 | €933,146 | €933,146 | = | 0.0% |
| Financial fixed assets | 28 | €933,146 | €933,146 | = | 0.0% |
| Current assets | 29/58 | €4,995 | €176,526 | +€171,531 | +3,434% |
| Amounts receivable within one year | 40/41 | €0 | €172,486 | +€172,486 | |
| Trade receivables | 40 | - | €167,461 | +€167,461 | |
| Other amounts receivable | 41 | €0 | €5,024 | +€5,024 | |
| Cash at bank and in hand | 54/58 | €4,600 | €4,040 | -€560 | -12.2% |
| Deferred charges and accrued income | 490/1 | €394 | €0 | -€394 | -100% |
| Total equity and liabilities | 10/49 | €938,141 | €1,109,671 | +€171,531 | +18.3% |
| Equity | 10/15 | €567,108 | €661,284 | +€94,177 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €548,508 | €642,684 | +€94,177 | +17.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €548,508 | €642,684 | +€94,177 | +17.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €371,033 | €448,387 | +€77,354 | +20.8% |
| Amounts payable after more than one year | 17 | €210,001 | €333,335 | +€123,333 | +58.7% |
| Financial debts | 170/4 | €210,001 | €333,335 | +€123,333 | +58.7% |
| Amounts payable within one year | 42/48 | €160,154 | €114,232 | -€45,922 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €50,555 | €50,555 | = | 0.0% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €3,637 | €2,541 | -€1,095 | -30.1% |
| Suppliers | 440/4 | €3,637 | €2,541 | -€1,095 | -30.1% |
| Taxes, remuneration and social security | 45 | €48,483 | €54,856 | +€6,374 | +13.1% |
| Taxes | 450/3 | €48,483 | €54,856 | +€6,374 | +13.1% |
| Other amounts payable | 47/48 | €57,480 | €6,271 | -€51,209 | -89.1% |
| Accrued charges and deferred income | 492/3 | €877 | €820 | -€57 | -6.5% |
| Other operating charges | 640/8 | €1,126 | €1,223 | +€97 | +8.6% |
| Gross operating margin | 9900 | €215,291 | €244,758 | +€29,467 | +13.7% |
| Operating profit (loss) | 9901 | €214,165 | €243,536 | +€29,370 | +13.7% |
| Financial charges | 65/66B | €6,024 | €6,088 | +€64 | +1.1% |
| Recurring financial charges | 65 | €6,024 | €6,088 | +€64 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €208,141 | €237,448 | +€29,307 | +14.1% |
| Income taxes | 67/77 | €47,681 | €55,036 | +€7,355 | +15.4% |
| Profit (loss) for the period | 9904 | €160,460 | €182,412 | +€21,952 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €160,460 | €182,412 | +€21,952 | +13.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.