LoRhu Management: what changed
LoRhu Management
Largest movements
- Cash +€11,035
up €11,035 (+67.0%), from €16,477 to €27,511
mainly Net result for the year (+€28,677) and Tax, wage and social debts (+€13,976)
- Reserves +€28,677
up €28,677 (+165%), from €17,405 to €46,083
- Debts after one year -€17,325
down €17,325 (-17.9%), from €96,861 to €79,536
- Other debts -€14,088
down €14,088 (-21.8%), from €64,579 to €50,491
- Tax, wage and social debts +€13,976
up €13,976 (+164%), from €8,525 to €22,501
- Gross operating margin +€16,228
up €16,228 (+49.9%), from €32,493 to €48,720
- Taxes +€5,450
up €5,450 (+63.9%), from €8,525 to €13,976
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 | €208,137 | €220,055 | +€11,918 | +5.7% |
| Fixed assets | 21/28 | €190,640 | €191,460 | +€820 | +0.4% |
| Financial fixed assets | 28 | €190,640 | €191,460 | +€820 | +0.4% |
| Current assets | 29/58 | €17,496 | €28,595 | +€11,098 | +63.4% |
| Cash at bank and in hand | 54/58 | €16,477 | €27,511 | +€11,035 | +67.0% |
| Deferred charges and accrued income | 490/1 | €1,020 | €1,083 | +€64 | +6.2% |
| Total equity and liabilities | 10/49 | €208,137 | €220,055 | +€11,918 | +5.7% |
| Equity | 10/15 | €20,405 | €49,083 | +€28,677 | +141% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,405 | €46,083 | +€28,677 | +165% |
| Distributable reserves | 133 | €17,405 | €46,083 | +€28,677 | +165% |
| Amounts payable | 17/49 | €187,731 | €170,972 | -€16,759 | -8.9% |
| Amounts payable after more than one year | 17 | €96,861 | €79,536 | -€17,325 | -17.9% |
| Financial debts | 170/4 | €96,861 | €79,536 | -€17,325 | -17.9% |
| Amounts payable within one year | 42/48 | €90,870 | €91,436 | +€566 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,694 | €17,325 | +€632 | +3.8% |
| Trade debts | 44 | €1,073 | €1,119 | +€47 | +4.4% |
| Suppliers | 440/4 | €1,073 | €1,119 | +€47 | +4.4% |
| Taxes, remuneration and social security | 45 | €8,525 | €22,501 | +€13,976 | +164% |
| Taxes | 450/3 | €8,525 | €22,501 | +€13,976 | +164% |
| Other amounts payable | 47/48 | €64,579 | €50,491 | -€14,088 | -21.8% |
| Other operating charges | 640/8 | €212 | €62 | -€150 | -70.8% |
| Gross operating margin | 9900 | €32,493 | €48,720 | +€16,228 | +49.9% |
| Operating profit (loss) | 9901 | €32,281 | €48,658 | +€16,378 | +50.7% |
| Financial charges | 65/66B | €6,350 | €6,005 | -€345 | -5.4% |
| Recurring financial charges | 65 | €6,350 | €6,005 | -€345 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €25,931 | €42,653 | +€16,722 | +64.5% |
| Income taxes | 67/77 | €8,525 | €13,976 | +€5,450 | +63.9% |
| Profit (loss) for the period | 9904 | €17,405 | €28,677 | +€11,272 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,405 | €28,677 | +€11,272 | +64.8% |
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 4 November 2026 via checked.be.