LORELIA: what changed
Two fiscal 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.
LORELIA
Largest movements
- Tangible fixed assets +€858,651
up €858,651 (+161.0%), from €533,389 to €1.4m
of which Land and buildings: +€832,545
- Receivables after one year -€160,771
down €160,771 (-100.0%), from €160,771 to €0
- Deferred charges and accrued income +€51,398
up €51,398 (+1448.0%), from €3,550 to €54,948
- Receivables within one year -€25,927
down €25,927 (-96.8%), from €26,782 to €855
of which Other amounts receivable: -€22,644
- Cash +€19,473
up €19,473 (+32.6%), from €59,707 to €79,181
mainly Other debts (+€355,880) and Debts after one year (+€257,805)
- Other debts +€355,880
new in 2025: €355,880
- Debts after one year +€257,805
up €257,805 (+174.4%), from €147,834 to €405,639
- Trade debts +€80,378
up €80,378 (+249.1%), from €32,274 to €112,652
- Current portion of long-term debt +€20,446
up €20,446 (+26.3%), from €77,619 to €98,065
- Tax, wage and social debts +€17,770
up €17,770 (+364.5%), from €4,875 to €22,645
of which Taxes: +€17,470
- Gross operating margin +€90,952
up €90,952 (+71.8%), from €126,621 to €217,574
- Other operating charges +€68,615
up €68,615 (+482.2%), from €14,230 to €82,844
- Financial charges +€32,184
up €32,184 (+352.4%), from €9,134 to €41,318
- Depreciation +€4,902
up €4,902 (+13.2%), from €37,004 to €41,906
- Taxes -€2,255
down €2,255 (-9.0%), from €24,973 to €22,717
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.
Cash bridge derived
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 | €784,198 | €1,527,023 | +€742,825 | +94.7% |
| Fixed assets | 21/28 | €533,389 | €1,392,040 | +€858,651 | +161.0% |
| Tangible fixed assets | 22/27 | €533,389 | €1,392,040 | +€858,651 | +161.0% |
| Land and buildings | 22 | €407,929 | €1,240,474 | +€832,545 | +204.1% |
| Plant, machinery and equipment | 23 | €6,490 | €6,852 | +€361 | +5.6% |
| Furniture and vehicles | 24 | €61,398 | €84,536 | +€23,138 | +37.7% |
| Other tangible fixed assets | 26 | €57,571 | €60,178 | +€2,607 | +4.5% |
| Current assets | 29/58 | €250,809 | €134,983 | -€115,826 | -46.2% |
| Amounts receivable after more than one year | 29 | €160,771 | €0 | -€160,771 | -100.0% |
| Other amounts receivable | 291 | €160,771 | €0 | -€160,771 | -100.0% |
| Amounts receivable within one year | 40/41 | €26,782 | €855 | -€25,927 | -96.8% |
| Trade receivables | 40 | €4,138 | €855 | -€3,283 | -79.3% |
| Other amounts receivable | 41 | €22,644 | €0 | -€22,644 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,707 | €79,181 | +€19,473 | +32.6% |
| Deferred charges and accrued income | 490/1 | €3,550 | €54,948 | +€51,398 | +1448.0% |
| Total equity and liabilities | 10/49 | €784,198 | €1,527,023 | +€742,825 | +94.7% |
| Equity | 10/15 | €521,596 | €532,142 | +€10,546 | +2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €515,396 | €525,942 | +€10,546 | +2.0% |
| Distributable reserves | 133 | €515,396 | €525,942 | +€10,546 | +2.0% |
| Amounts payable | 17/49 | €262,602 | €994,881 | +€732,279 | +278.9% |
| Amounts payable after more than one year | 17 | €147,834 | €405,639 | +€257,805 | +174.4% |
| Financial debts | 170/4 | €147,834 | €405,639 | +€257,805 | +174.4% |
| Amounts payable within one year | 42/48 | €114,768 | €589,242 | +€474,474 | +413.4% |
| Current portion of amounts payable after more than one year | 42 | €77,619 | €98,065 | +€20,446 | +26.3% |
| Trade debts | 44 | €32,274 | €112,652 | +€80,378 | +249.1% |
| Suppliers | 440/4 | €32,274 | €112,652 | +€80,378 | +249.1% |
| Taxes, remuneration and social security | 45 | €4,875 | €22,645 | +€17,770 | +364.5% |
| Taxes | 450/3 | €4,875 | €22,345 | +€17,470 | +358.3% |
| Remuneration and social security | 454/9 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | - | €355,880 | +€355,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,004 | €41,906 | +€4,902 | +13.2% |
| Other operating charges | 640/8 | €14,230 | €82,844 | +€68,615 | +482.2% |
| Gross operating margin | 9900 | €126,621 | €217,574 | +€90,952 | +71.8% |
| Operating profit (loss) | 9901 | €75,388 | €92,824 | +€17,436 | +23.1% |
| Financial income | 75/76B | €7,471 | €8,739 | +€1,268 | +17.0% |
| Recurring financial income | 75 | €7,471 | €8,739 | +€1,268 | +17.0% |
| Financial charges | 65/66B | €9,134 | €41,318 | +€32,184 | +352.4% |
| Recurring financial charges | 65 | €9,134 | €41,318 | +€32,184 | +352.4% |
| Profit (loss) for the period before taxes | 9903 | €73,725 | €60,244 | -€13,481 | -18.3% |
| Income taxes | 67/77 | €24,973 | €22,717 | -€2,255 | -9.0% |
| Profit (loss) for the period | 9904 | €48,752 | €37,527 | -€11,225 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,752 | €37,527 | -€11,225 | -23.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.