LORENZHOME: 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.
LORENZHOME
Largest movements
- Stocks and contracts +€182,634
new in 2025: €182,634
- Receivables within one year +€26,820
up €26,820 (+354%), from €7,567 to €34,387
of which Trade receivables: +€15,331
- Cash +€9,032
up €9,032 (+1,978%), from €457 to €9,488
mainly Debts after one year (+€200,000) and Trade debts (+€13,761)
- Tangible fixed assets -€3,676
down €3,676 (-9.1%), from €40,475 to €36,799
of which Land and buildings: -€4,464
- Debts after one year +€200,000
new in 2025: €200,000
- Trade debts +€13,761
up €13,761 (+356%), from €3,865 to €17,626
- Tax, wage and social debts -€8,026
down €8,026 (-83.5%), from €9,607 to €1,582
- Reserves +€7,230
up €7,230 (+22.0%), from €32,877 to €40,108
- Gross operating margin +€16,756
up €16,756 (+3,243%), from €517 to €17,272
- Financial charges +€2,550
up €2,550 (+429%), from €594 to €3,143
- Depreciation +€2,403
up €2,403 (+82.0%), from €2,932 to €5,335
- Taxes +€1,271
up €1,271 (+409%), from €311 to €1,582
- Financial income -€714
down €714 (-97.5%), from €732 to €18
of which Non-recurring financial income: -€732
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 | €50,339 | €263,469 | +€213,130 | +423% |
| Fixed assets | 21/28 | €40,475 | €36,799 | -€3,676 | -9.1% |
| Tangible fixed assets | 22/27 | €40,475 | €36,799 | -€3,676 | -9.1% |
| Land and buildings | 22 | €39,464 | €35,000 | -€4,464 | -11.3% |
| Plant, machinery and equipment | 23 | €751 | €248 | -€504 | -67.1% |
| Furniture and vehicles | 24 | €260 | €1,552 | +€1,292 | +496% |
| Current assets | 29/58 | €9,864 | €226,669 | +€216,806 | +2,198% |
| Stocks and contracts in progress | 3 | - | €182,634 | +€182,634 | |
| Contracts in progress | 37 | - | €182,634 | +€182,634 | |
| Amounts receivable within one year | 40/41 | €7,567 | €34,387 | +€26,820 | +354% |
| Trade receivables | 40 | €4,775 | €20,106 | +€15,331 | +321% |
| Other amounts receivable | 41 | €2,792 | €14,281 | +€11,489 | +412% |
| Cash at bank and in hand | 54/58 | €457 | €9,488 | +€9,032 | +1,978% |
| Deferred charges and accrued income | 490/1 | €1,840 | €160 | -€1,680 | -91.3% |
| Total equity and liabilities | 10/49 | €50,339 | €263,469 | +€213,130 | +423% |
| Equity | 10/15 | €35,877 | €43,108 | +€7,230 | +20.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,877 | €40,108 | +€7,230 | +22.0% |
| Distributable reserves | 133 | €32,877 | €40,108 | +€7,230 | +22.0% |
| Amounts payable | 17/49 | €14,462 | €220,361 | +€205,899 | +1,424% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €14,462 | €20,361 | +€5,899 | +40.8% |
| Trade debts | 44 | €3,865 | €17,626 | +€13,761 | +356% |
| Suppliers | 440/4 | €3,865 | €17,626 | +€13,761 | +356% |
| Advances received on contracts in progress | 46 | €700 | €1,153 | +€453 | +64.7% |
| Taxes, remuneration and social security | 45 | €9,607 | €1,582 | -€8,026 | -83.5% |
| Taxes | 450/3 | €9,607 | €1,582 | -€8,026 | -83.5% |
| Other amounts payable | 47/48 | €289 | - | -€289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,932 | €5,335 | +€2,403 | +82.0% |
| Gross operating margin | 9900 | €517 | €17,272 | +€16,756 | +3,243% |
| Operating profit (loss) | 9901 | -€2,416 | €11,937 | +€14,353 | |
| Financial income | 75/76B | €732 | €18 | -€714 | -97.5% |
| Recurring financial income | 75 | €732 | €18 | -€714 | -97.5% |
| Non-recurring financial income | 76B | €732 | - | -€732 | |
| Financial charges | 65/66B | €594 | €3,143 | +€2,550 | +429% |
| Recurring financial charges | 65 | €594 | €3,143 | +€2,550 | +429% |
| Profit (loss) for the period before taxes | 9903 | -€2,277 | €8,812 | +€11,089 | |
| Income taxes | 67/77 | €311 | €1,582 | +€1,271 | +409% |
| Profit (loss) for the period | 9904 | -€2,588 | €7,230 | +€9,818 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,588 | €7,230 | +€9,818 |
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 20 October 2026 via checked.be.