LORENZ i&i: 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.
LORENZ i&i
Largest movements
- Intangible fixed assets +€18,750
new in 2024: €18,750
- Receivables within one year -€6,358
down €6,358 (-23.9%), from €26,585 to €20,227
of which Other amounts receivable: -€12,577
- Cash +€4,483
up €4,483 (+117%), from €3,824 to €8,307
mainly Trade debts (+€17,840) and Receivables within one year (+€6,358)
- Trade debts +€17,840
up €17,840 (+309%), from €5,776 to €23,616
- Tax, wage and social debts -€5,981
down €5,981 (-29.1%), from €20,530 to €14,550
of which Remuneration and social security: -€4,728
- Reserves +€5,000
up €5,000 (+167%), from €3,000 to €8,000
- Gross operating margin +€17,987
up €17,987, from -€1,178 to €16,809
- Depreciation +€6,250
new in 2024: €6,250
- Taxes +€3,357
up €3,357 (+967%), from €347 to €3,704
- Other operating charges -€1,807
down €1,807 (-71.0%), from €2,547 to €740
- Financial charges +€947
up €947 (+622%), from €152 to €1,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,409 | €47,283 | +€16,875 | +55.5% |
| Fixed assets | 21/28 | - | €18,750 | +€18,750 | |
| Intangible fixed assets | 21 | - | €18,750 | +€18,750 | |
| Current assets | 29/58 | €30,409 | €28,533 | -€1,875 | -6.2% |
| Amounts receivable within one year | 40/41 | €26,585 | €20,227 | -€6,358 | -23.9% |
| Trade receivables | 40 | €9,132 | €15,351 | +€6,219 | +68.1% |
| Other amounts receivable | 41 | €17,452 | €4,875 | -€12,577 | -72.1% |
| Cash at bank and in hand | 54/58 | €3,824 | €8,307 | +€4,483 | +117% |
| Total equity and liabilities | 10/49 | €30,409 | €47,283 | +€16,875 | +55.5% |
| Equity | 10/15 | €4,103 | €9,118 | +€5,015 | +122% |
| Reserves | 13 | €3,000 | €8,000 | +€5,000 | +167% |
| Distributable reserves | 133 | €3,000 | €8,000 | +€5,000 | +167% |
| Profit (loss) carried forward | 14 | €1,103 | €1,118 | +€15 | +1.4% |
| Amounts payable | 17/49 | €26,306 | €38,166 | +€11,860 | +45.1% |
| Amounts payable within one year | 42/48 | €26,306 | €38,166 | +€11,860 | +45.1% |
| Trade debts | 44 | €5,776 | €23,616 | +€17,840 | +309% |
| Suppliers | 440/4 | €5,776 | €23,616 | +€17,840 | +309% |
| Taxes, remuneration and social security | 45 | €20,530 | €14,550 | -€5,981 | -29.1% |
| Taxes | 450/3 | €15,802 | €14,550 | -€1,253 | -7.9% |
| Remuneration and social security | 454/9 | €4,728 | - | -€4,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,250 | +€6,250 | |
| Other operating charges | 640/8 | €2,547 | €740 | -€1,807 | -71.0% |
| Gross operating margin | 9900 | -€1,178 | €16,809 | +€17,987 | |
| Operating profit (loss) | 9901 | -€3,725 | €9,819 | +€13,544 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €152 | €1,100 | +€947 | +622% |
| Recurring financial charges | 65 | €152 | €1,100 | +€947 | +622% |
| Profit (loss) for the period before taxes | 9903 | -€3,878 | €8,719 | +€12,597 | |
| Income taxes | 67/77 | €347 | €3,704 | +€3,357 | +967% |
| Profit (loss) for the period | 9904 | -€4,225 | €5,015 | +€9,240 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,225 | €5,015 | +€9,240 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.