LORI INVEST: 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.
LORI INVEST
Largest movements
- Cash +€67,290
up €67,290 (+18.5%), from €363,405 to €430,695
mainly Stocks and contracts (+€56,347) and Depreciation (+€23,055)
- Stocks and contracts -€56,347
down €56,347 (-100%), from €56,347 to €0
- Tangible fixed assets -€16,297
down €16,297 (-2.5%), from €655,489 to €639,191
of which Land and buildings: -€15,589
- Other debts -€21,794
down €21,794 (-9.1%), from €239,760 to €217,966
- Reserves +€13,514
up €13,514 (+11.8%), from €114,877 to €128,392
of which Distributable reserves: +€13,514
- Gross operating margin -€33,811
down €33,811 (-34.8%), from €97,070 to €63,259
- Taxes -€10,223
down €10,223 (-61.5%), from €16,618 to €6,395
- Financial charges -€1,947
down €1,947 (-11.9%), from €16,365 to €14,418
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 | €1,081,451 | €1,070,327 | -€11,124 | -1.0% |
| Fixed assets | 21/28 | €655,489 | €639,191 | -€16,297 | -2.5% |
| Tangible fixed assets | 22/27 | €655,489 | €639,191 | -€16,297 | -2.5% |
| Land and buildings | 22 | €654,199 | €638,610 | -€15,589 | -2.4% |
| Furniture and vehicles | 24 | €1,290 | €582 | -€708 | -54.9% |
| Current assets | 29/58 | €425,962 | €431,136 | +€5,174 | +1.2% |
| Stocks and contracts in progress | 3 | €56,347 | €0 | -€56,347 | -100% |
| Stocks | 30/36 | €56,347 | €0 | -€56,347 | -100% |
| Amounts receivable within one year | 40/41 | €5,772 | €0 | -€5,772 | -100% |
| Other amounts receivable | 41 | €5,772 | €0 | -€5,772 | -100% |
| Cash at bank and in hand | 54/58 | €363,405 | €430,695 | +€67,290 | +18.5% |
| Deferred charges and accrued income | 490/1 | €438 | €441 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €1,081,451 | €1,070,327 | -€11,124 | -1.0% |
| Equity | 10/15 | €835,999 | €845,294 | +€9,295 | +1.1% |
| Contributions | 10/11 | €345,706 | €345,706 | = | 0.0% |
| Capital | 10 | €345,706 | €345,706 | = | 0.0% |
| Issued capital | 100 | €345,706 | €345,706 | = | 0.0% |
| Reserves | 13 | €114,877 | €128,392 | +€13,514 | +11.8% |
| Non-distributable reserves | 130/1 | €34,571 | €34,571 | = | 0.0% |
| Legal reserve | 130 | €34,571 | €34,571 | = | 0.0% |
| Distributable reserves | 133 | €80,307 | €93,821 | +€13,514 | +16.8% |
| Profit (loss) carried forward | 14 | €375,416 | €371,196 | -€4,219 | -1.1% |
| Amounts payable | 17/49 | €245,452 | €225,033 | -€20,419 | -8.3% |
| Amounts payable within one year | 42/48 | €245,452 | €225,033 | -€20,419 | -8.3% |
| Trade debts | 44 | €393 | €54 | -€339 | -86.2% |
| Suppliers | 440/4 | €393 | €54 | -€339 | -86.2% |
| Taxes, remuneration and social security | 45 | €5,298 | €7,013 | +€1,714 | +32.4% |
| Taxes | 450/3 | €5,298 | €7,013 | +€1,714 | +32.4% |
| Other amounts payable | 47/48 | €239,760 | €217,966 | -€21,794 | -9.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,703 | €23,055 | +€352 | +1.5% |
| Other operating charges | 640/8 | €5,773 | €5,877 | +€104 | +1.8% |
| Gross operating margin | 9900 | €97,070 | €63,259 | -€33,811 | -34.8% |
| Operating profit (loss) | 9901 | €68,594 | €34,327 | -€34,267 | -50.0% |
| Financial charges | 65/66B | €16,365 | €14,418 | -€1,947 | -11.9% |
| Recurring financial charges | 65 | €16,365 | €14,418 | -€1,947 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €52,228 | €19,909 | -€32,319 | -61.9% |
| Income taxes | 67/77 | €16,618 | €6,395 | -€10,223 | -61.5% |
| Profit (loss) for the period | 9904 | €35,610 | €13,514 | -€22,096 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,610 | €13,514 | -€22,096 | -62.0% |
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 24 October 2026 via checked.be.