Lorex: 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.
Lorex
Largest movements
- Tangible fixed assets +€28,151
new in 2025: €28,151
- Current investments +€15,000
new in 2025: €15,000
- Receivables within one year +€4,972
up €4,972 (+28.7%), from €17,314 to €22,286
of which Trade receivables: +€5,005
- Cash +€3,494
up €3,494 (+11.9%), from €29,322 to €32,816
mainly Net result for the year (+€42,749) and Tax, wage and social debts (+€13,363)
- Deferred charges and accrued income +€2,750
up €2,750 (+22,003%), from €13 to €2,763
- Reserves +€42,749
up €42,749 (+220%), from €19,405 to €62,155
- Tax, wage and social debts +€13,363
up €13,363 (+95.7%), from €13,958 to €27,321
of which Taxes: +€13,363
- Other debts -€3,307
down €3,307 (-29.9%), from €11,046 to €7,740
- Gross operating margin +€36,910
up €36,910 (+148%), from €25,008 to €61,918
- Taxes +€11,244
up €11,244 (+201%), from €5,600 to €16,844
- Depreciation +€1,512
new in 2025: €1,512
- Financial charges +€798
up €798 (+5,318%), from €15 to €813
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 | €46,648 | €101,015 | +€54,367 | +117% |
| Fixed assets | 21/28 | - | €28,151 | +€28,151 | |
| Tangible fixed assets | 22/27 | - | €28,151 | +€28,151 | |
| Furniture and vehicles | 24 | - | €28,151 | +€28,151 | |
| Current assets | 29/58 | €46,648 | €72,864 | +€26,216 | +56.2% |
| Amounts receivable within one year | 40/41 | €17,314 | €22,286 | +€4,972 | +28.7% |
| Trade receivables | 40 | €12,100 | €17,105 | +€5,005 | +41.4% |
| Other amounts receivable | 41 | €5,214 | €5,181 | -€33 | -0.6% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €29,322 | €32,816 | +€3,494 | +11.9% |
| Deferred charges and accrued income | 490/1 | €13 | €2,763 | +€2,750 | +22,003% |
| Total equity and liabilities | 10/49 | €46,648 | €101,015 | +€54,367 | +117% |
| Equity | 10/15 | €20,405 | €63,155 | +€42,749 | +210% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,405 | €62,155 | +€42,749 | +220% |
| Distributable reserves | 133 | €19,405 | €62,155 | +€42,749 | +220% |
| Amounts payable | 17/49 | €26,243 | €37,861 | +€11,618 | +44.3% |
| Amounts payable within one year | 42/48 | €26,243 | €37,088 | +€10,845 | +41.3% |
| Trade debts | 44 | €1,239 | €2,028 | +€789 | +63.7% |
| Suppliers | 440/4 | €1,239 | €2,028 | +€789 | +63.7% |
| Taxes, remuneration and social security | 45 | €13,958 | €27,321 | +€13,363 | +95.7% |
| Taxes | 450/3 | €12,308 | €25,671 | +€13,363 | +109% |
| Remuneration and social security | 454/9 | €1,650 | €1,650 | = | 0.0% |
| Other amounts payable | 47/48 | €11,046 | €7,740 | -€3,307 | -29.9% |
| Accrued charges and deferred income | 492/3 | - | €772 | +€772 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,512 | +€1,512 | |
| Gross operating margin | 9900 | €25,008 | €61,918 | +€36,910 | +148% |
| Operating profit (loss) | 9901 | €25,008 | €60,406 | +€35,399 | +142% |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €15 | €813 | +€798 | +5,318% |
| Recurring financial charges | 65 | €15 | €813 | +€798 | +5,318% |
| Profit (loss) for the period before taxes | 9903 | €25,005 | €59,594 | +€34,588 | +138% |
| Income taxes | 67/77 | €5,600 | €16,844 | +€11,244 | +201% |
| Profit (loss) for the period | 9904 | €19,405 | €42,749 | +€23,344 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €19,405 | €42,749 | +€23,344 | +120% |
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 16 October 2026 via checked.be.