LORENTIAS: 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.
LORENTIAS
Largest movements
- Cash -€44,999
down €44,999 (-37.4%), from €120,437 to €75,438
mainly Investment in fixed assets (net) (-€68,949) and Debts after one year (-€31,736)
- Deferred charges and accrued income -€22,689
down €22,689 (-31.0%), from €73,187 to €50,498
- Tangible fixed assets +€13,997
up €13,997 (+2.9%), from €477,054 to €491,051
of which Furniture and vehicles: +€39,303
- Debts after one year -€31,736
down €31,736 (-23.1%), from €137,565 to €105,829
- Accrued charges and deferred income -€20,342
down €20,342 (-35.5%), from €57,274 to €36,932
- Gross operating margin -€13,393
down €13,393 (-16.3%), from €82,338 to €68,945
- Depreciation +€9,315
up €9,315 (+20.4%), from €45,637 to €54,953
- Taxes -€6,357
down €6,357 (-70.1%), from €9,065 to €2,708
- Financial charges -€2,301
down €2,301 (-29.8%), from €7,711 to €5,410
- Other operating charges -€1,954
down €1,954 (-27.0%), from €7,237 to €5,283
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 | €673,412 | €617,618 | -€55,794 | -8.3% |
| Fixed assets | 21/28 | €477,054 | €491,051 | +€13,997 | +2.9% |
| Tangible fixed assets | 22/27 | €477,054 | €491,051 | +€13,997 | +2.9% |
| Land and buildings | 22 | €443,858 | €418,552 | -€25,306 | -5.7% |
| Furniture and vehicles | 24 | €33,196 | €72,499 | +€39,303 | +118% |
| Current assets | 29/58 | €196,358 | €126,567 | -€69,791 | -35.5% |
| Amounts receivable within one year | 40/41 | €2,733 | €631 | -€2,102 | -76.9% |
| Trade receivables | 40 | €1,924 | €124 | -€1,800 | -93.5% |
| Other amounts receivable | 41 | €809 | €507 | -€302 | -37.3% |
| Cash at bank and in hand | 54/58 | €120,437 | €75,438 | -€44,999 | -37.4% |
| Deferred charges and accrued income | 490/1 | €73,187 | €50,498 | -€22,689 | -31.0% |
| Total equity and liabilities | 10/49 | €673,412 | €617,618 | -€55,794 | -8.3% |
| Equity | 10/15 | €368,081 | €369,390 | +€1,309 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €361,881 | €363,190 | +€1,309 | +0.4% |
| Tax-exempt reserves | 132 | €138,793 | €138,793 | = | 0.0% |
| Distributable reserves | 133 | €223,089 | €224,397 | +€1,309 | +0.6% |
| Provisions and deferred taxes | 16 | €27,480 | €27,480 | = | 0.0% |
| Deferred taxes | 168 | €27,480 | €27,480 | = | 0.0% |
| Amounts payable | 17/49 | €277,850 | €220,748 | -€57,102 | -20.6% |
| Amounts payable after more than one year | 17 | €137,565 | €105,829 | -€31,736 | -23.1% |
| Financial debts | 170/4 | €137,565 | €105,829 | -€31,736 | -23.1% |
| Amounts payable within one year | 42/48 | €83,012 | €77,987 | -€5,024 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €34,538 | €31,736 | -€2,802 | -8.1% |
| Trade debts | 44 | €3,340 | €1,580 | -€1,760 | -52.7% |
| Suppliers | 440/4 | €3,340 | €1,580 | -€1,760 | -52.7% |
| Taxes, remuneration and social security | 45 | €6,937 | €9,432 | +€2,494 | +36.0% |
| Taxes | 450/3 | €6,937 | €9,432 | +€2,494 | +36.0% |
| Other amounts payable | 47/48 | €38,196 | €35,240 | -€2,956 | -7.7% |
| Accrued charges and deferred income | 492/3 | €57,274 | €36,932 | -€20,342 | -35.5% |
| Non-recurring operating income | 76A | - | €14,965 | +€14,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,637 | €54,953 | +€9,315 | +20.4% |
| Other operating charges | 640/8 | €7,237 | €5,283 | -€1,954 | -27.0% |
| Non-recurring operating charges | 66A | €185 | - | -€185 | |
| Gross operating margin | 9900 | €82,338 | €68,945 | -€13,393 | -16.3% |
| Operating profit (loss) | 9901 | €29,279 | €8,709 | -€20,570 | -70.3% |
| Financial income | 75/76B | €1,022 | €717 | -€305 | -29.8% |
| Recurring financial income | 75 | €1,022 | €717 | -€305 | -29.8% |
| Financial charges | 65/66B | €7,711 | €5,410 | -€2,301 | -29.8% |
| Recurring financial charges | 65 | €7,711 | €5,410 | -€2,301 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €22,591 | €4,016 | -€18,574 | -82.2% |
| Income taxes | 67/77 | €9,065 | €2,708 | -€6,357 | -70.1% |
| Profit (loss) for the period | 9904 | €13,526 | €1,309 | -€12,217 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,526 | €1,309 | -€12,217 | -90.3% |
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 28 October 2026 via checked.be.