Lorette: 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.
Lorette
Largest movements
- Receivables within one year -€29,140
down €29,140 (-66.7%), from €43,660 to €14,520
of which Trade receivables: -€29,040
- Cash -€11,465
down €11,465 (-11.6%), from €99,076 to €87,611
mainly Other debts (-€15,895) and Tax, wage and social debts (-€14,276)
- Other debts -€15,895
down €15,895 (-85.0%), from €18,700 to €2,805
- Tax, wage and social debts -€14,276
down €14,276 (-89.2%), from €16,006 to €1,730
of which Remuneration and social security: -€12,148
- Profit (loss) carried forward -€5,161
down €5,161, from €3,036 to -€2,125
- Current portion of long-term debt -€4,536
down €4,536 (-74.8%), from €6,064 to €1,528
- Gross operating margin -€10,119
down €10,119 (-77.4%), from €13,067 to €2,948
- Taxes -€1,650
down €1,650 (-86.2%), from €1,915 to €265
- Other operating charges -€680
down €680 (-46.5%), from €1,464 to €784
- Financial charges -€338
down €338 (-81.8%), from €414 to €75
- Depreciation -€230
down €230 (-3.2%), from €7,290 to €7,060
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 | €152,894 | €111,375 | -€41,520 | -27.2% |
| Fixed assets | 21/28 | €10,158 | €9,244 | -€914 | -9.0% |
| Tangible fixed assets | 22/27 | €10,158 | €9,244 | -€914 | -9.0% |
| Furniture and vehicles | 24 | €10,158 | €9,244 | -€914 | -9.0% |
| Current assets | 29/58 | €142,736 | €102,131 | -€40,605 | -28.4% |
| Amounts receivable within one year | 40/41 | €43,660 | €14,520 | -€29,140 | -66.7% |
| Trade receivables | 40 | €43,560 | €14,520 | -€29,040 | -66.7% |
| Other amounts receivable | 41 | €100 | €0 | -€100 | -100% |
| Cash at bank and in hand | 54/58 | €99,076 | €87,611 | -€11,465 | -11.6% |
| Total equity and liabilities | 10/49 | €152,894 | €111,375 | -€41,520 | -27.2% |
| Equity | 10/15 | €110,441 | €105,280 | -€5,161 | -4.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €88,855 | €88,855 | = | 0.0% |
| Distributable reserves | 133 | €88,855 | €88,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,036 | -€2,125 | -€5,161 | |
| Amounts payable | 17/49 | €42,454 | €6,095 | -€36,359 | -85.6% |
| Amounts payable after more than one year | 17 | €1,528 | €0 | -€1,528 | -100% |
| Financial debts | 170/4 | €1,528 | €0 | -€1,528 | -100% |
| Amounts payable within one year | 42/48 | €40,925 | €6,095 | -€34,830 | -85.1% |
| Current portion of amounts payable after more than one year | 42 | €6,064 | €1,528 | -€4,536 | -74.8% |
| Trade debts | 44 | €156 | €32 | -€124 | -79.3% |
| Suppliers | 440/4 | €156 | €32 | -€124 | -79.3% |
| Taxes, remuneration and social security | 45 | €16,006 | €1,730 | -€14,276 | -89.2% |
| Taxes | 450/3 | €3,652 | €1,524 | -€2,128 | -58.3% |
| Remuneration and social security | 454/9 | €12,354 | €206 | -€12,148 | -98.3% |
| Other amounts payable | 47/48 | €18,700 | €2,805 | -€15,895 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,290 | €7,060 | -€230 | -3.2% |
| Other operating charges | 640/8 | €1,464 | €784 | -€680 | -46.5% |
| Gross operating margin | 9900 | €13,067 | €2,948 | -€10,119 | -77.4% |
| Operating profit (loss) | 9901 | €4,312 | -€4,896 | -€9,209 | |
| Financial income | 75/76B | €22 | €76 | +€53 | +238% |
| Recurring financial income | 75 | €22 | €76 | +€53 | +238% |
| Financial charges | 65/66B | €414 | €75 | -€338 | -81.8% |
| Recurring financial charges | 65 | €414 | €75 | -€338 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €3,921 | -€4,896 | -€8,817 | |
| Income taxes | 67/77 | €1,915 | €265 | -€1,650 | -86.2% |
| Profit (loss) for the period | 9904 | €2,006 | -€5,161 | -€7,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,006 | -€5,161 | -€7,167 |
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.