LORIIK: 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.
LORIIK
Largest movements
- Stocks and contracts +€33,618
up €33,618 (+31.9%), from €105,486 to €139,104
- Cash -€14,071
down €14,071 (-30.6%), from €46,050 to €31,979
mainly Stocks and contracts (-€33,618) and Tax, wage and social debts (-€15,549)
- Receivables within one year +€7,446
up €7,446 (+13.1%), from €56,919 to €64,366
of which Trade receivables: +€8,460
- Deferred charges and accrued income -€6,160
down €6,160 (-42.7%), from €14,429 to €8,268
- Tangible fixed assets -€5,706
down €5,706 (-18.3%), from €31,111 to €25,406
of which Other tangible fixed assets: -€3,030
- Trade debts +€36,874
up €36,874 (+19.3%), from €191,110 to €227,984
- Tax, wage and social debts -€15,549
down €15,549 (-19.2%), from €81,044 to €65,495
of which Remuneration and social security: -€14,446
- Profit (loss) carried forward -€10,273
down €10,273 (-30.1%), from -€34,084 to -€44,357
- Other debts +€4,075
up €4,075 (+68.8%), from €5,925 to €10,000
- Gross operating margin -€104,957
down €104,957 (-29.4%), from €356,903 to €251,946
- Staff costs -€32,251
down €32,251 (-14.1%), from €229,192 to €196,941
- Financial income -€14,366
down €14,366 (-48.1%), from €29,861 to €15,496
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 | €253,995 | €269,123 | +€15,128 | +6.0% |
| Fixed assets | 21/28 | €31,111 | €25,406 | -€5,706 | -18.3% |
| Tangible fixed assets | 22/27 | €31,111 | €25,406 | -€5,706 | -18.3% |
| Plant, machinery and equipment | 23 | €3,933 | €1,257 | -€2,676 | -68.0% |
| Other tangible fixed assets | 26 | €27,179 | €24,149 | -€3,030 | -11.1% |
| Current assets | 29/58 | €222,884 | €243,717 | +€20,834 | +9.3% |
| Stocks and contracts in progress | 3 | €105,486 | €139,104 | +€33,618 | +31.9% |
| Stocks | 30/36 | €105,486 | €139,104 | +€33,618 | +31.9% |
| Amounts receivable within one year | 40/41 | €56,919 | €64,366 | +€7,446 | +13.1% |
| Trade receivables | 40 | €17,073 | €25,533 | +€8,460 | +49.6% |
| Other amounts receivable | 41 | €39,846 | €38,833 | -€1,013 | -2.5% |
| Cash at bank and in hand | 54/58 | €46,050 | €31,979 | -€14,071 | -30.6% |
| Deferred charges and accrued income | 490/1 | €14,429 | €8,268 | -€6,160 | -42.7% |
| Total equity and liabilities | 10/49 | €253,995 | €269,123 | +€15,128 | +6.0% |
| Equity | 10/15 | -€24,084 | -€34,357 | -€10,273 | -42.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,084 | -€44,357 | -€10,273 | -30.1% |
| Amounts payable | 17/49 | €278,079 | €303,480 | +€25,401 | +9.1% |
| Amounts payable within one year | 42/48 | €278,079 | €303,480 | +€25,401 | +9.1% |
| Trade debts | 44 | €191,110 | €227,984 | +€36,874 | +19.3% |
| Suppliers | 440/4 | €191,110 | €227,984 | +€36,874 | +19.3% |
| Taxes, remuneration and social security | 45 | €81,044 | €65,495 | -€15,549 | -19.2% |
| Taxes | 450/3 | €5,428 | €4,325 | -€1,103 | -20.3% |
| Remuneration and social security | 454/9 | €75,616 | €61,170 | -€14,446 | -19.1% |
| Other amounts payable | 47/48 | €5,925 | €10,000 | +€4,075 | +68.8% |
| Remuneration, social security and pensions | 62 | €229,192 | €196,941 | -€32,251 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,983 | €5,706 | -€277 | -4.6% |
| Other operating charges | 640/8 | €3,940 | €5,287 | +€1,347 | +34.2% |
| Non-recurring operating charges | 66A | €80,730 | €64,082 | -€16,648 | -20.6% |
| Gross operating margin | 9900 | €356,903 | €251,946 | -€104,957 | -29.4% |
| Operating profit (loss) | 9901 | €37,059 | -€20,070 | -€57,128 | |
| Financial income | 75/76B | €29,861 | €15,496 | -€14,366 | -48.1% |
| Recurring financial income | 75 | €29,861 | €15,496 | -€14,366 | -48.1% |
| Financial charges | 65/66B | €5,801 | €5,699 | -€102 | -1.8% |
| Recurring financial charges | 65 | €5,801 | €5,699 | -€102 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €61,119 | -€10,273 | -€71,392 | |
| Income taxes | 67/77 | €239 | - | -€239 | |
| Profit (loss) for the period | 9904 | €60,880 | -€10,273 | -€71,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,880 | -€10,273 | -€71,153 |
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 13 October 2026 via checked.be.