LORINE GOLD: 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.
LORINE GOLD
Largest movements
- Cash +€26,533
up €26,533 (+230%), from €11,547 to €38,079
mainly Tax, wage and social debts (+€29,321) and Other debts (+€16,467)
- Receivables within one year -€9,040
down €9,040 (-19.5%), from €46,454 to €37,413
of which Trade receivables: -€7,826
- Stocks and contracts +€3,750
up €3,750 (+169%), from €2,222 to €5,972
- Tax, wage and social debts +€29,321
up €29,321 (+81.1%), from €36,171 to €65,492
of which Remuneration and social security: +€30,483
- Profit (loss) carried forward -€26,107
down €26,107, from €16,969 to -€9,138
- Other debts +€16,467
up €16,467 (+195%), from €8,452 to €24,918
- Trade debts +€1,562
up €1,562 (+59.4%), from €2,631 to €4,192
- Turnover -€135,986
no longer reported in 2025 (was €135,986)
- Purchases and services -€101,078
no longer reported in 2025 (was €101,078)
- Staff costs +€24,971
up €24,971 (+121%), from €20,637 to €45,607
- Gross operating margin -€14,879
down €14,879 (-42.6%), from €34,908 to €20,029
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 | €66,222 | €87,464 | +€21,242 | +32.1% |
| Fixed assets | 21/28 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €60,222 | €81,464 | +€21,242 | +35.3% |
| Stocks and contracts in progress | 3 | €2,222 | €5,972 | +€3,750 | +169% |
| Stocks | 30/36 | €2,222 | €5,972 | +€3,750 | +169% |
| Amounts receivable within one year | 40/41 | €46,454 | €37,413 | -€9,040 | -19.5% |
| Trade receivables | 40 | €45,217 | €37,391 | -€7,826 | -17.3% |
| Other amounts receivable | 41 | €1,237 | €23 | -€1,214 | -98.2% |
| Cash at bank and in hand | 54/58 | €11,547 | €38,079 | +€26,533 | +230% |
| Total equity and liabilities | 10/49 | €66,222 | €87,464 | +€21,242 | +32.1% |
| Equity | 10/15 | €18,969 | -€7,138 | -€26,107 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,969 | -€9,138 | -€26,107 | |
| Amounts payable | 17/49 | €47,253 | €94,602 | +€47,349 | +100% |
| Amounts payable within one year | 42/48 | €47,253 | €94,602 | +€47,349 | +100% |
| Trade debts | 44 | €2,631 | €4,192 | +€1,562 | +59.4% |
| Suppliers | 440/4 | €2,631 | €4,192 | +€1,562 | +59.4% |
| Taxes, remuneration and social security | 45 | €36,171 | €65,492 | +€29,321 | +81.1% |
| Taxes | 450/3 | €5,901 | €4,740 | -€1,162 | -19.7% |
| Remuneration and social security | 454/9 | €30,269 | €60,752 | +€30,483 | +101% |
| Other amounts payable | 47/48 | €8,452 | €24,918 | +€16,467 | +195% |
| Turnover | 70 | €135,986 | - | -€135,986 | |
| Goods, raw materials, services and sundry goods | 60/61 | €101,078 | - | -€101,078 | |
| Remuneration, social security and pensions | 62 | €20,637 | €45,607 | +€24,971 | +121% |
| Other operating charges | 640/8 | €510 | €313 | -€197 | -38.6% |
| Gross operating margin | 9900 | €34,908 | €20,029 | -€14,879 | -42.6% |
| Operating profit (loss) | 9901 | €13,762 | -€25,891 | -€39,653 | |
| Financial charges | 65/66B | €203 | €216 | +€13 | +6.5% |
| Recurring financial charges | 65 | €203 | €216 | +€13 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €13,559 | -€26,107 | -€39,666 | |
| Profit (loss) for the period | 9904 | €13,559 | -€26,107 | -€39,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,559 | -€26,107 | -€39,666 |
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 22 October 2026 via checked.be.