LORENZO BUILDING: what changed
LORENZO BUILDING
Largest movements
- Receivables within one year +€17,238
up €17,238 (+11.3%), from €152,741 to €169,979
of which Trade receivables: +€38,331
- Tangible fixed assets -€2,634
down €2,634 (-17.8%), from €14,795 to €12,161
- Cash +€2,274
up €2,274 (+15.8%), from €14,420 to €16,694
mainly Tax, wage and social debts (+€18,346) and Depreciation (+€4,634)
- Tax, wage and social debts +€18,346
up €18,346 (+15.3%), from €120,006 to €138,352
of which Remuneration and social security: +€17,937
- Trade debts -€2,341
down €2,341 (-12.5%), from €18,714 to €16,373
- Purchases and services +€134,145
up €134,145 (+26.8%), from €500,963 to €635,108
- Turnover +€127,353
up €127,353 (+23.9%), from €532,512 to €659,865
- Gross operating margin -€6,793
down €6,793 (-21.5%), from €31,549 to €24,756
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,956 | €198,835 | +€16,879 | +9.3% |
| Fixed assets | 21/28 | €14,795 | €12,161 | -€2,634 | -17.8% |
| Tangible fixed assets | 22/27 | €14,795 | €12,161 | -€2,634 | -17.8% |
| Furniture and vehicles | 24 | €14,795 | €12,161 | -€2,634 | -17.8% |
| Current assets | 29/58 | €167,161 | €186,674 | +€19,512 | +11.7% |
| Amounts receivable within one year | 40/41 | €152,741 | €169,979 | +€17,238 | +11.3% |
| Trade receivables | 40 | €124,923 | €163,254 | +€38,331 | +30.7% |
| Other amounts receivable | 41 | €27,818 | €6,725 | -€21,093 | -75.8% |
| Cash at bank and in hand | 54/58 | €14,420 | €16,694 | +€2,274 | +15.8% |
| Total equity and liabilities | 10/49 | €181,956 | €198,835 | +€16,879 | +9.3% |
| Equity | 10/15 | €43,211 | €44,110 | +€899 | +2.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | - | -€4,000 | |
| Other | 1109/19 | €4,000 | - | -€4,000 | |
| Profit (loss) carried forward | 14 | €39,211 | €40,110 | +€899 | +2.3% |
| Amounts payable | 17/49 | €138,745 | €154,725 | +€15,980 | +11.5% |
| Amounts payable within one year | 42/48 | €138,745 | €154,725 | +€15,980 | +11.5% |
| Financial debts | 43 | €25 | - | -€25 | |
| Credit institutions | 430/8 | €25 | - | -€25 | |
| Trade debts | 44 | €18,714 | €16,373 | -€2,341 | -12.5% |
| Suppliers | 440/4 | €18,714 | €16,373 | -€2,341 | -12.5% |
| Taxes, remuneration and social security | 45 | €120,006 | €138,352 | +€18,346 | +15.3% |
| Taxes | 450/3 | €19,385 | €19,794 | +€409 | +2.1% |
| Remuneration and social security | 454/9 | €100,621 | €118,558 | +€17,937 | +17.8% |
| Turnover | 70 | €532,512 | €659,865 | +€127,353 | +23.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €500,963 | €635,108 | +€134,145 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,285 | €4,634 | -€3,651 | -44.1% |
| Other operating charges | 640/8 | - | €2,491 | +€2,491 | |
| Gross operating margin | 9900 | €31,549 | €24,756 | -€6,793 | -21.5% |
| Operating profit (loss) | 9901 | €23,264 | €17,631 | -€5,633 | -24.2% |
| Financial income | 75/76B | €6,335 | - | -€6,335 | |
| Recurring financial income | 75 | €6,335 | - | -€6,335 | |
| Financial charges | 65/66B | €6,049 | €10,958 | +€4,909 | +81.1% |
| Recurring financial charges | 65 | €6,049 | €10,958 | +€4,909 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | €23,549 | €6,673 | -€16,876 | -71.7% |
| Income taxes | 67/77 | €6,666 | €5,775 | -€891 | -13.4% |
| Profit (loss) for the period | 9904 | €16,884 | €899 | -€15,985 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,884 | €899 | -€15,985 | -94.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.