LORIAS: 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.
LORIAS
Largest movements
- Cash -€24,269
down €24,269 (-80.9%), from €30,005 to €5,736
mainly Contributions, distributions and other (-€43,900) and Other debts (-€7,950)
- Receivables within one year +€6,935
up €6,935 (+3.2%), from €216,156 to €223,091
of which Other amounts receivable: +€5,244
- Financial fixed assets -€3,300
down €3,300 (-50.7%), from €6,513 to €3,213
- Profit (loss) carried forward -€41,304
down €41,304 (-97.7%), from €42,297 to €992
- Tax, wage and social debts +€17,135
up €17,135 (+19.8%), from €86,507 to €103,641
- Reserves +€10,000
up €10,000 (+24.5%), from €40,816 to €50,816
of which Distributable reserves: +€10,000
- Contributions +€8,100
up €8,100 (+88.0%), from €9,200 to €17,300
- Other debts -€7,950
no longer reported in 2024 (was €7,950)
- Turnover -€1.3m
no longer reported in 2024 (was €1.3m)
- Purchases and services -€361,261
down €361,261 (-32.9%), from €1.1m to €737,437
- Gross operating margin -€108,530
down €108,530 (-64.6%), from €168,046 to €59,516
- Taxes -€38,478
down €38,478 (-53.5%), from €71,952 to €33,474
- Staff costs -€26,289
down €26,289 (-90.0%), from €29,202 to €2,913
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,802 | €233,373 | -€21,430 | -8.4% |
| Fixed assets | 21/28 | €7,849 | €3,213 | -€4,636 | -59.1% |
| Tangible fixed assets | 22/27 | €1,336 | - | -€1,336 | |
| Furniture and vehicles | 24 | €1,336 | - | -€1,336 | |
| Financial fixed assets | 28 | €6,513 | €3,213 | -€3,300 | -50.7% |
| Current assets | 29/58 | €246,954 | €230,160 | -€16,794 | -6.8% |
| Amounts receivable within one year | 40/41 | €216,156 | €223,091 | +€6,935 | +3.2% |
| Trade receivables | 40 | €34,149 | €35,840 | +€1,691 | +5.0% |
| Other amounts receivable | 41 | €182,007 | €187,251 | +€5,244 | +2.9% |
| Cash at bank and in hand | 54/58 | €30,005 | €5,736 | -€24,269 | -80.9% |
| Deferred charges and accrued income | 490/1 | €792 | €1,332 | +€540 | +68.2% |
| Total equity and liabilities | 10/49 | €254,802 | €233,373 | -€21,430 | -8.4% |
| Equity | 10/15 | €92,312 | €69,108 | -€23,204 | -25.1% |
| Contributions | 10/11 | €9,200 | €17,300 | +€8,100 | +88.0% |
| Capital | 10 | €9,200 | €17,300 | +€8,100 | +88.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €9,400 | €1,300 | -€8,100 | -86.2% |
| Reserves | 13 | €40,816 | €50,816 | +€10,000 | +24.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,956 | €48,956 | +€10,000 | +25.7% |
| Profit (loss) carried forward | 14 | €42,297 | €992 | -€41,304 | -97.7% |
| Amounts payable | 17/49 | €162,490 | €164,264 | +€1,774 | +1.1% |
| Amounts payable within one year | 42/48 | €162,490 | €164,264 | +€1,774 | +1.1% |
| Trade debts | 44 | €68,034 | €60,623 | -€7,410 | -10.9% |
| Suppliers | 440/4 | €68,034 | €60,623 | -€7,410 | -10.9% |
| Taxes, remuneration and social security | 45 | €86,507 | €103,641 | +€17,135 | +19.8% |
| Taxes | 450/3 | €86,507 | €103,641 | +€17,135 | +19.8% |
| Other amounts payable | 47/48 | €7,950 | - | -€7,950 | |
| Turnover | 70 | €1,266,097 | - | -€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,098,698 | €737,437 | -€361,261 | -32.9% |
| Remuneration, social security and pensions | 62 | €29,202 | €2,913 | -€26,289 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,336 | €1,336 | = | 0.0% |
| Other operating charges | 640/8 | €4,964 | €1,465 | -€3,500 | -70.5% |
| Gross operating margin | 9900 | €168,046 | €59,516 | -€108,530 | -64.6% |
| Operating profit (loss) | 9901 | €132,544 | €53,803 | -€78,741 | -59.4% |
| Financial income | 75/76B | €13,492 | €12,528 | -€964 | -7.1% |
| Recurring financial income | 75 | €853 | €1,620 | +€767 | +90.0% |
| Non-recurring financial income | 76B | €12,639 | €10,909 | -€1,731 | -13.7% |
| Financial charges | 65/66B | €2,016 | €12,161 | +€10,145 | +503% |
| Recurring financial charges | 65 | €1,715 | €811 | -€904 | -52.7% |
| Non-recurring financial charges | 66B | €301 | €11,350 | +€11,049 | +3,671% |
| Profit (loss) for the period before taxes | 9903 | €144,020 | €54,170 | -€89,850 | -62.4% |
| Income taxes | 67/77 | €71,952 | €33,474 | -€38,478 | -53.5% |
| Profit (loss) for the period | 9904 | €72,068 | €20,696 | -€51,372 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,068 | €20,696 | -€51,372 | -71.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.