LORI PARRONI: 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 PARRONI
Largest movements
- Cash -€68,099
down €68,099 (-50.9%), from €133,734 to €65,635
mainly Investment in fixed assets (net) (-€71,041) and Contributions, distributions and other (-€70,000)
- Tangible fixed assets +€63,481
up €63,481 (+1,677%), from €3,786 to €67,268
of which Furniture and vehicles: +€63,901
- Receivables within one year +€16,189
up €16,189 (+816%), from €1,985 to €18,174
of which Trade receivables: +€14,999
- Debts after one year +€43,836
new in 2025: €43,836
- Reserves -€32,793
down €32,793 (-34.3%), from €95,560 to €62,768
- Trade debts -€11,694
down €11,694 (-95.8%), from €12,206 to €512
- Current portion of long-term debt +€11,475
new in 2025: €11,475
- Advances received +€3,047
new in 2025: €3,047
- Depreciation +€6,447
up €6,447 (+580%), from €1,112 to €7,559
- Gross operating margin -€5,159
down €5,159 (-6.1%), from €84,053 to €78,894
- Taxes -€3,899
down €3,899 (-27.9%), from €13,979 to €10,081
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 | €140,693 | €151,527 | +€10,834 | +7.7% |
| Fixed assets | 21/28 | €4,236 | €67,718 | +€63,481 | +1,498% |
| Tangible fixed assets | 22/27 | €3,786 | €67,268 | +€63,481 | +1,677% |
| Land and buildings | 22 | €1,430 | €1,010 | -€420 | -29.3% |
| Furniture and vehicles | 24 | €2,356 | €66,257 | +€63,901 | +2,712% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €136,456 | €83,809 | -€52,647 | -38.6% |
| Amounts receivable within one year | 40/41 | €1,985 | €18,174 | +€16,189 | +816% |
| Trade receivables | 40 | €1,213 | €16,213 | +€14,999 | +1,236% |
| Other amounts receivable | 41 | €772 | €1,961 | +€1,189 | +154% |
| Cash at bank and in hand | 54/58 | €133,734 | €65,635 | -€68,099 | -50.9% |
| Deferred charges and accrued income | 490/1 | €737 | - | -€737 | |
| Total equity and liabilities | 10/49 | €140,693 | €151,527 | +€10,834 | +7.7% |
| Equity | 10/15 | €114,160 | €81,368 | -€32,793 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,560 | €62,768 | -€32,793 | -34.3% |
| Distributable reserves | 133 | €95,560 | €62,768 | -€32,793 | -34.3% |
| Amounts payable | 17/49 | €26,533 | €70,159 | +€43,627 | +164% |
| Amounts payable after more than one year | 17 | - | €43,836 | +€43,836 | |
| Financial debts | 170/4 | - | €43,836 | +€43,836 | |
| Amounts payable within one year | 42/48 | €26,533 | €26,323 | -€210 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,475 | +€11,475 | |
| Trade debts | 44 | €12,206 | €512 | -€11,694 | -95.8% |
| Suppliers | 440/4 | €12,206 | €512 | -€11,694 | -95.8% |
| Advances received on contracts in progress | 46 | - | €3,047 | +€3,047 | |
| Taxes, remuneration and social security | 45 | €14,327 | €11,289 | -€3,038 | -21.2% |
| Taxes | 450/3 | €11,464 | €8,419 | -€3,044 | -26.6% |
| Remuneration and social security | 454/9 | €2,863 | €2,870 | +€6 | +0.2% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | €20,656 | €20,810 | +€155 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €7,559 | +€6,447 | +580% |
| Other operating charges | 640/8 | €2,164 | €2,310 | +€146 | +6.8% |
| Gross operating margin | 9900 | €84,053 | €78,894 | -€5,159 | -6.1% |
| Operating profit (loss) | 9901 | €60,121 | €48,215 | -€11,907 | -19.8% |
| Financial income | 75/76B | €498 | €1 | -€498 | -99.8% |
| Recurring financial income | 75 | €498 | €1 | -€498 | -99.8% |
| Financial charges | 65/66B | €174 | €927 | +€754 | +434% |
| Recurring financial charges | 65 | €174 | €927 | +€754 | +434% |
| Profit (loss) for the period before taxes | 9903 | €60,446 | €47,288 | -€13,158 | -21.8% |
| Income taxes | 67/77 | €13,979 | €10,081 | -€3,899 | -27.9% |
| Profit (loss) for the period | 9904 | €46,467 | €37,207 | -€9,259 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,467 | €37,207 | -€9,259 | -19.9% |
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 26 October 2026 via checked.be.