LORIAUX: 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.
LORIAUX
Largest movements
- Receivables within one year -€72,321
down €72,321 (-25.2%), from €287,341 to €215,019
of which Trade receivables: -€72,321
- Cash +€40,764
up €40,764 (+50.4%), from €80,887 to €121,651
mainly Receivables within one year (+€72,321) and Net result for the year (+€19,456)
- Intangible fixed assets -€6,300
down €6,300 (-27.5%), from €22,945 to €16,645
- Trade debts -€26,721
down €26,721 (-22.3%), from €119,599 to €92,878
- Other debts -€26,000
down €26,000 (-10.1%), from €258,000 to €232,000
- Profit (loss) carried forward +€19,456
up €19,456 (+153.8%), from €12,651 to €32,107
- Gross operating margin -€59,445
down €59,445 (-21.4%), from €277,299 to €217,854
- Staff costs -€52,664
down €52,664 (-24.1%), from €218,114 to €165,449
- Taxes -€4,348
down €4,348 (-35.8%), from €12,155 to €7,807
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.
Cash bridge derived
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 | €458,804 | €424,173 | -€34,632 | -7.5% |
| Fixed assets | 21/28 | €22,945 | €16,645 | -€6,300 | -27.5% |
| Intangible fixed assets | 21 | €22,945 | €16,645 | -€6,300 | -27.5% |
| Current assets | 29/58 | €435,859 | €407,528 | -€28,332 | -6.5% |
| Stocks and contracts in progress | 3 | €67,632 | €70,858 | +€3,226 | +4.8% |
| Stocks | 30/36 | €67,632 | €70,858 | +€3,226 | +4.8% |
| Amounts receivable within one year | 40/41 | €287,341 | €215,019 | -€72,321 | -25.2% |
| Trade receivables | 40 | €287,341 | €215,019 | -€72,321 | -25.2% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €80,887 | €121,651 | +€40,764 | +50.4% |
| Total equity and liabilities | 10/49 | €458,804 | €424,173 | -€34,632 | -7.5% |
| Equity | 10/15 | €33,111 | €52,567 | +€19,456 | +58.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,651 | €32,107 | +€19,456 | +153.8% |
| Amounts payable | 17/49 | €425,693 | €371,605 | -€54,088 | -12.7% |
| Amounts payable within one year | 42/48 | €424,339 | €370,371 | -€53,968 | -12.7% |
| Trade debts | 44 | €119,599 | €92,878 | -€26,721 | -22.3% |
| Suppliers | 440/4 | €119,599 | €92,878 | -€26,721 | -22.3% |
| Taxes, remuneration and social security | 45 | €46,741 | €45,493 | -€1,247 | -2.7% |
| Taxes | 450/3 | €23,666 | €20,775 | -€2,890 | -12.2% |
| Remuneration and social security | 454/9 | €23,075 | €24,718 | +€1,643 | +7.1% |
| Other amounts payable | 47/48 | €258,000 | €232,000 | -€26,000 | -10.1% |
| Accrued charges and deferred income | 492/3 | €1,354 | €1,235 | -€119 | -8.8% |
| Non-recurring operating income | 76A | €8,357 | - | -€8,357 | |
| Remuneration, social security and pensions | 62 | €218,114 | €165,449 | -€52,664 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,300 | €6,300 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,718 | €4,775 | +€56 | +1.2% |
| Other operating charges | 640/8 | €2,758 | €2,642 | -€115 | -4.2% |
| Gross operating margin | 9900 | €277,299 | €217,854 | -€59,445 | -21.4% |
| Operating profit (loss) | 9901 | €45,409 | €38,688 | -€6,722 | -14.8% |
| Financial income | 75/76B | - | €1,435 | +€1,435 | |
| Recurring financial income | 75 | - | €1,435 | +€1,435 | |
| Financial charges | 65/66B | €10,743 | €12,860 | +€2,116 | +19.7% |
| Recurring financial charges | 65 | €10,743 | €12,860 | +€2,116 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €34,666 | €27,263 | -€7,403 | -21.4% |
| Income taxes | 67/77 | €12,155 | €7,807 | -€4,348 | -35.8% |
| Profit (loss) for the period | 9904 | €22,512 | €19,456 | -€3,056 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,512 | €19,456 | -€3,056 | -13.6% |
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 11 October 2026 via checked.be.