LORIN63: 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.
LORIN63
Largest movements
- Cash +€152,168
up €152,168 (+270%), from €56,423 to €208,591
mainly Depreciation (+€182,703) and Net result for the year (+€119,559)
- Tangible fixed assets +€85,083
up €85,083 (+8.2%), from €1.0m to €1.1m
of which Plant, machinery and equipment: +€107,226
- Receivables within one year -€28,823
down €28,823 (-13.7%), from €211,147 to €182,323
of which Trade receivables: -€28,823
- Other debts +€64,960
up €64,960 (+353%), from €18,405 to €83,364
- Profit (loss) carried forward +€54,559
up €54,559 (+22.9%), from €238,158 to €292,717
- Debts after one year +€43,660
up €43,660 (+6.2%), from €703,870 to €747,529
- Current portion of long-term debt +€27,693
up €27,693 (+19.2%), from €144,490 to €172,183
- Trade debts +€20,218
up €20,218 (+17.9%), from €113,056 to €133,274
- Turnover +€229,233
up €229,233 (+32.2%), from €710,826 to €940,059
- Gross operating margin +€164,433
up €164,433 (+31.8%), from €516,435 to €680,868
- Purchases and services +€63,943
up €63,943 (+31.1%), from €205,837 to €269,780
- Depreciation +€50,144
up €50,144 (+37.8%), from €132,560 to €182,703
- Staff costs +€42,943
up €42,943 (+22.2%), from €193,063 to €236,006
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 | €1,302,013 | €1,510,441 | +€208,428 | +16.0% |
| Fixed assets | 21/28 | €1,034,444 | €1,119,527 | +€85,083 | +8.2% |
| Tangible fixed assets | 22/27 | €1,034,444 | €1,119,527 | +€85,083 | +8.2% |
| Land and buildings | 22 | €650,188 | €622,841 | -€27,347 | -4.2% |
| Plant, machinery and equipment | 23 | €303,881 | €411,107 | +€107,226 | +35.3% |
| Furniture and vehicles | 24 | €80,375 | €85,579 | +€5,204 | +6.5% |
| Current assets | 29/58 | €267,570 | €390,915 | +€123,345 | +46.1% |
| Amounts receivable within one year | 40/41 | €211,147 | €182,323 | -€28,823 | -13.7% |
| Trade receivables | 40 | €203,042 | €174,219 | -€28,823 | -14.2% |
| Other amounts receivable | 41 | €8,104 | €8,104 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,423 | €208,591 | +€152,168 | +270% |
| Total equity and liabilities | 10/49 | €1,302,013 | €1,510,441 | +€208,428 | +16.0% |
| Equity | 10/15 | €258,618 | €313,177 | +€54,559 | +21.1% |
| 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 | €238,158 | €292,717 | +€54,559 | +22.9% |
| Amounts payable | 17/49 | €1,043,396 | €1,197,265 | +€153,869 | +14.7% |
| Amounts payable after more than one year | 17 | €703,870 | €747,529 | +€43,660 | +6.2% |
| Financial debts | 170/4 | €703,870 | €747,529 | +€43,660 | +6.2% |
| Amounts payable within one year | 42/48 | €335,120 | €449,640 | +€114,520 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €144,490 | €172,183 | +€27,693 | +19.2% |
| Trade debts | 44 | €113,056 | €133,274 | +€20,218 | +17.9% |
| Suppliers | 440/4 | €113,056 | €133,274 | +€20,218 | +17.9% |
| Taxes, remuneration and social security | 45 | €59,170 | €60,819 | +€1,649 | +2.8% |
| Taxes | 450/3 | €41,816 | €38,969 | -€2,847 | -6.8% |
| Remuneration and social security | 454/9 | €17,354 | €21,850 | +€4,496 | +25.9% |
| Other amounts payable | 47/48 | €18,405 | €83,364 | +€64,960 | +353% |
| Accrued charges and deferred income | 492/3 | €4,406 | €96 | -€4,310 | -97.8% |
| Turnover | 70 | €710,826 | €940,059 | +€229,233 | +32.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €205,837 | €269,780 | +€63,943 | +31.1% |
| Remuneration, social security and pensions | 62 | €193,063 | €236,006 | +€42,943 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,560 | €182,703 | +€50,144 | +37.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,759 | - | -€2,759 | |
| Other operating charges | 640/8 | €91,286 | €63,957 | -€27,328 | -29.9% |
| Gross operating margin | 9900 | €516,435 | €680,868 | +€164,433 | +31.8% |
| Operating profit (loss) | 9901 | €96,769 | €198,202 | +€101,433 | +105% |
| Financial income | 75/76B | €9 | €16 | +€7 | +84.3% |
| Recurring financial income | 75 | €9 | €16 | +€7 | +84.3% |
| Financial charges | 65/66B | €27,204 | €38,107 | +€10,903 | +40.1% |
| Recurring financial charges | 65 | €27,204 | €38,107 | +€10,903 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €69,573 | €160,111 | +€90,538 | +130% |
| Income taxes | 67/77 | €19,954 | €40,552 | +€20,598 | +103% |
| Profit (loss) for the period | 9904 | €49,619 | €119,559 | +€69,940 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €49,619 | €119,559 | +€69,940 | +141% |
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 17 October 2026 via checked.be.