LORIPOM: what changed
Two fiscal 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.
LORIPOM
Largest movements
- Stocks and contracts -€267,190
down €267,190 (-35.5%), from €753,038 to €485,848
- Cash +€133,539
up €133,539 (+159.7%), from €83,625 to €217,164
mainly Stocks and contracts (+€267,190) and Depreciation (+€224,633)
- Receivables within one year +€82,986
up €82,986 (+142.0%), from €58,431 to €141,417
of which Other amounts receivable: +€54,390
- Debts after one year -€84,838
down €84,838 (-5.1%), from €1.7m to €1.6m
of which Financial debts: -€84,540
- Reserves +€40,179
up €40,179 (+46.1%), from €87,184 to €127,363
of which Tax-exempt reserves: +€22,179
- Gross operating margin -€325,461
down €325,461 (-54.8%), from €594,368 to €268,907
- Taxes -€20,049
down €20,049 (-73.6%), from €27,255 to €7,205
- Depreciation +€18,368
up €18,368 (+8.9%), from €206,265 to €224,633
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 | €2,756,161 | €2,682,057 | -€74,104 | -2.7% |
| Fixed assets | 21/28 | €1,856,649 | €1,833,296 | -€23,353 | -1.3% |
| Tangible fixed assets | 22/27 | €1,856,649 | €1,833,296 | -€23,353 | -1.3% |
| Land and buildings | 22 | €942,409 | €906,264 | -€36,144 | -3.8% |
| Plant, machinery and equipment | 23 | €897,201 | €917,485 | +€20,285 | +2.3% |
| Furniture and vehicles | 24 | €17,039 | €9,546 | -€7,493 | -44.0% |
| Current assets | 29/58 | €899,512 | €848,761 | -€50,751 | -5.6% |
| Stocks and contracts in progress | 3 | €753,038 | €485,848 | -€267,190 | -35.5% |
| Stocks | 30/36 | €753,038 | €485,848 | -€267,190 | -35.5% |
| Amounts receivable within one year | 40/41 | €58,431 | €141,417 | +€82,986 | +142.0% |
| Trade receivables | 40 | €55,420 | €84,017 | +€28,597 | +51.6% |
| Other amounts receivable | 41 | €3,011 | €57,400 | +€54,390 | +1806.6% |
| Cash at bank and in hand | 54/58 | €83,625 | €217,164 | +€133,539 | +159.7% |
| Deferred charges and accrued income | 490/1 | €4,418 | €4,331 | -€87 | -2.0% |
| Total equity and liabilities | 10/49 | €2,756,161 | €2,682,057 | -€74,104 | -2.7% |
| Equity | 10/15 | €743,136 | €781,736 | +€38,600 | +5.2% |
| Contributions | 10/11 | €35,640 | €35,640 | = | 0.0% |
| Reserves | 13 | €87,184 | €127,363 | +€40,179 | +46.1% |
| Tax-exempt reserves | 132 | €67,184 | €89,363 | +€22,179 | +33.0% |
| Distributable reserves | 133 | €20,000 | €38,000 | +€18,000 | +90.0% |
| Profit (loss) carried forward | 14 | €614,171 | €614,569 | +€398 | +0.1% |
| Investment grants | 15 | €6,141 | €4,165 | -€1,976 | -32.2% |
| Provisions and deferred taxes | 16 | €23,457 | €30,319 | +€6,862 | +29.3% |
| Deferred taxes | 168 | €23,457 | €30,319 | +€6,862 | +29.3% |
| Amounts payable | 17/49 | €1,989,568 | €1,870,002 | -€119,566 | -6.0% |
| Amounts payable after more than one year | 17 | €1,651,774 | €1,566,936 | -€84,838 | -5.1% |
| Financial debts | 170/4 | €1,486,785 | €1,402,246 | -€84,540 | -5.7% |
| Other amounts payable | 178/9 | €164,989 | €164,691 | -€298 | -0.2% |
| Amounts payable within one year | 42/48 | €337,794 | €303,066 | -€34,728 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €185,752 | €201,440 | +€15,688 | +8.4% |
| Trade debts | 44 | €124,787 | €101,626 | -€23,161 | -18.6% |
| Suppliers | 440/4 | €124,787 | €101,626 | -€23,161 | -18.6% |
| Taxes, remuneration and social security | 45 | €27,255 | - | -€27,255 | |
| Taxes | 450/3 | €27,255 | - | -€27,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,265 | €224,633 | +€18,368 | +8.9% |
| Other operating charges | 640/8 | €2,073 | €2,191 | +€118 | +5.7% |
| Gross operating margin | 9900 | €594,368 | €268,907 | -€325,461 | -54.8% |
| Operating profit (loss) | 9901 | €386,030 | €42,083 | -€343,947 | -89.1% |
| Financial income | 75/76B | €8 | €1 | -€7 | -93.1% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -93.1% |
| Financial charges | 65/66B | €33,608 | €37,440 | +€3,831 | +11.4% |
| Recurring financial charges | 65 | €33,608 | €37,440 | +€3,831 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €352,429 | €4,644 | -€347,786 | -98.7% |
| Transfer from deferred taxes | 780 | €3,906 | €5,638 | +€1,733 | +44.4% |
| Income taxes | 67/77 | €27,255 | €7,205 | -€20,049 | -73.6% |
| Profit (loss) for the period | 9904 | €329,080 | €3,077 | -€326,004 | -99.1% |
| Transfer from tax-exempt reserves | 789 | €10,123 | €15,321 | +€5,198 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €339,204 | €18,398 | -€320,806 | -94.6% |
Source: filed annual accounts (NBB), fiscal years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.