LOREN: 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.
What changed
LOREN
NACE 47.120, Other non-specialised retail sale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,902
2024 · €445,427-€439,525
Equity
€329,293
2024 · €323,391+€5,902
Cash
€5
2024 · €0+€5
Balance sheet total
€581,524
2024 · €567,950+€13,575
Largest movements
Assets
- Receivables within one year +€13,283
up €13,283 (+2.3%), from €567,830 to €581,112
Equity and liabilities
- Profit (loss) carried forward +€5,902
up €5,902 (+1.0%), from -€577,421 to -€571,519
Income statement
- Gross operating margin -€869,469
down €869,469, from €858,940 to -€10,529
- Financial charges -€189,805
down €189,805 (-99.8%), from €190,095 to €290
of which Financial charges: -€189,805
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.
Result 2024
€445,427
Gross operating margin
-€869,469
Other operating charges
+€4,112
Financial income
+€1,914
Financial charges
+€189,805
Deferred taxes and other
+€234,113
Result 2025
€5,902
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.
From operations
+€5
Investment
€0
Financing
€0
Cash 2024
€0
From operations (derived)
+€5
Net result for the year
+€5,902
Receivables within one year
-€13,283
Deferred charges and accrued income
-€287
Trade debts
+€3,894
Tax, wage and social debts
+€3,767
Accrued charges and deferred income
+€12
Cash 2025
€5
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,950 | €581,524 | +€13,575 | +2.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €567,950 | €581,524 | +€13,575 | +2.4% |
| Amounts receivable within one year | 40/41 | €567,830 | €581,112 | +€13,283 | +2.3% |
| Other amounts receivable | 41 | €567,830 | €581,112 | +€13,283 | +2.3% |
| Cash at bank and in hand | 54/58 | €0 | €5 | +€5 | |
| Deferred charges and accrued income | 490/1 | €120 | €407 | +€287 | +239.4% |
| Total equity and liabilities | 10/49 | €567,950 | €581,524 | +€13,575 | +2.4% |
| Equity | 10/15 | €323,391 | €329,293 | +€5,902 | +1.8% |
| Contributions | 10/11 | €134,446 | €134,446 | = | 0.0% |
| Capital | 10 | €134,446 | €134,446 | = | 0.0% |
| Issued capital | 100 | €134,446 | €134,446 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €766,367 | €766,367 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,445 | €13,445 | = | 0.0% |
| Legal reserve | 130 | €13,445 | €13,445 | = | 0.0% |
| Tax-exempt reserves | 132 | €702,339 | €702,339 | = | 0.0% |
| Distributable reserves | 133 | €50,583 | €50,583 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€577,421 | -€571,519 | +€5,902 | +1.0% |
| Provisions and deferred taxes | 16 | €234,113 | €234,113 | = | 0.0% |
| Deferred taxes | 168 | €234,113 | €234,113 | = | 0.0% |
| Amounts payable | 17/49 | €10,446 | €18,118 | +€7,673 | +73.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €10,058 | €17,719 | +€7,660 | +76.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,097 | €8,991 | +€3,894 | +76.4% |
| Suppliers | 440/4 | €5,097 | €8,991 | +€3,894 | +76.4% |
| Taxes, remuneration and social security | 45 | €4,961 | €8,728 | +€3,767 | +75.9% |
| Taxes | 450/3 | €4,961 | €8,728 | +€3,767 | +75.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating income | 76A | €936,453 | €0 | -€936,453 | -100.0% |
| Other operating charges | 640/8 | €4,559 | €447 | -€4,112 | -90.2% |
| Gross operating margin | 9900 | €858,940 | -€10,529 | -€869,469 | |
| Operating profit (loss) | 9901 | €854,382 | -€10,975 | -€865,357 | |
| Financial income | 75/76B | €15,253 | €17,167 | +€1,914 | +12.6% |
| Recurring financial income | 75 | €15,253 | €17,167 | +€1,914 | +12.6% |
| Financial charges | 65/66B | €190,095 | €290 | -€189,805 | -99.8% |
| Recurring financial charges | 65 | €190,095 | €290 | -€189,805 | -99.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €679,540 | €5,902 | -€673,638 | -99.1% |
| Transfer to deferred taxes | 680 | €234,113 | €0 | -€234,113 | -100.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €445,427 | €5,902 | -€439,525 | -98.7% |
| Transfer to tax-exempt reserves | 689 | €702,339 | €0 | -€702,339 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€256,913 | €5,902 | +€262,815 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.