Lorishoe: 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.
Lorishoe
Largest movements
- Receivables within one year -€26,775
down €26,775 (-14.8%), from €180,742 to €153,967
of which Other amounts receivable: -€24,958
- Cash -€13,329
down €13,329 (-23.3%), from €57,271 to €43,942
mainly Net result for the year (-€81,464) and Debts after one year (-€41,631)
- Reserves -€81,464
down €81,464 (-74.6%), from €109,179 to €27,715
- Debts after one year -€41,631
down €41,631 (-44.8%), from €92,966 to €51,335
- Trade debts +€30,204
up €30,204 (+54.1%), from €55,809 to €86,013
- Short-term financial debts +€24,096
new in 2026: €24,096
- Accrued charges and deferred income +€23,930
up €23,930 (+739.1%), from €3,238 to €27,168
- Write-downs +€61,837
up €61,837, from -€46,932 to €14,904
- Staff costs +€9,168
up €9,168 (+7.3%), from €126,085 to €135,253
- Depreciation +€3,017
up €3,017 (+84.6%), from €3,565 to €6,582
- Financial income -€2,192
down €2,192 (-14.2%), from €15,417 to €13,224
- Other operating charges +€1,489
up €1,489 (+117.9%), from €1,263 to €2,753
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,812 | €475,118 | -€40,694 | -7.9% |
| Fixed assets | 21/28 | €10,662 | €14,346 | +€3,685 | +34.6% |
| Intangible fixed assets | 21 | €7,710 | €11,957 | +€4,246 | +55.1% |
| Tangible fixed assets | 22/27 | €2,413 | €2,024 | -€389 | -16.1% |
| Plant, machinery and equipment | 23 | €1,743 | €723 | -€1,020 | -58.5% |
| Furniture and vehicles | 24 | €670 | €187 | -€483 | -72.1% |
| Other tangible fixed assets | 26 | - | €1,114 | +€1,114 | |
| Financial fixed assets | 28 | €538 | €366 | -€172 | -32.0% |
| Current assets | 29/58 | €505,151 | €460,772 | -€44,379 | -8.8% |
| Stocks and contracts in progress | 3 | €263,798 | €261,444 | -€2,354 | -0.9% |
| Stocks | 30/36 | €263,798 | €261,444 | -€2,354 | -0.9% |
| Amounts receivable within one year | 40/41 | €180,742 | €153,967 | -€26,775 | -14.8% |
| Trade receivables | 40 | €1,817 | €0 | -€1,817 | -100.0% |
| Other amounts receivable | 41 | €178,925 | €153,967 | -€24,958 | -13.9% |
| Cash at bank and in hand | 54/58 | €57,271 | €43,942 | -€13,329 | -23.3% |
| Deferred charges and accrued income | 490/1 | €3,339 | €1,419 | -€1,920 | -57.5% |
| Total equity and liabilities | 10/49 | €515,812 | €475,118 | -€40,694 | -7.9% |
| Equity | 10/15 | €127,771 | €46,307 | -€81,464 | -63.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €109,179 | €27,715 | -€81,464 | -74.6% |
| Distributable reserves | 133 | €109,179 | €27,715 | -€81,464 | -74.6% |
| Amounts payable | 17/49 | €388,041 | €428,812 | +€40,770 | +10.5% |
| Amounts payable after more than one year | 17 | €92,966 | €51,335 | -€41,631 | -44.8% |
| Financial debts | 170/4 | €92,966 | €51,335 | -€41,631 | -44.8% |
| Amounts payable within one year | 42/48 | €291,838 | €350,309 | +€58,471 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €189,558 | €191,631 | +€2,073 | +1.1% |
| Financial debts | 43 | - | €24,096 | +€24,096 | |
| Credit institutions | 430/8 | - | €24,096 | +€24,096 | |
| Trade debts | 44 | €55,809 | €86,013 | +€30,204 | +54.1% |
| Suppliers | 440/4 | €55,809 | €86,013 | +€30,204 | +54.1% |
| Taxes, remuneration and social security | 45 | €44,462 | €42,464 | -€1,998 | -4.5% |
| Taxes | 450/3 | €25,061 | €15,903 | -€9,158 | -36.5% |
| Remuneration and social security | 454/9 | €19,400 | €26,561 | +€7,160 | +36.9% |
| Other amounts payable | 47/48 | €2,009 | €6,105 | +€4,096 | +203.9% |
| Accrued charges and deferred income | 492/3 | €3,238 | €27,168 | +€23,930 | +739.1% |
| Non-recurring operating income | 76A | €201 | - | -€201 | |
| Remuneration, social security and pensions | 62 | €126,085 | €135,253 | +€9,168 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,565 | €6,582 | +€3,017 | +84.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€46,932 | €14,904 | +€61,837 | |
| Other operating charges | 640/8 | €1,263 | €2,753 | +€1,489 | +117.9% |
| Non-recurring operating charges | 66A | - | €6,240 | +€6,240 | |
| Gross operating margin | 9900 | €91,604 | €91,355 | -€249 | -0.3% |
| Operating profit (loss) | 9901 | €7,623 | -€74,377 | -€82,000 | |
| Financial income | 75/76B | €15,417 | €13,224 | -€2,192 | -14.2% |
| Recurring financial income | 75 | €15,417 | €13,224 | -€2,192 | -14.2% |
| Financial charges | 65/66B | €19,845 | €19,891 | +€46 | +0.2% |
| Recurring financial charges | 65 | €19,845 | €19,891 | +€46 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €3,194 | -€81,043 | -€84,238 | |
| Income taxes | 67/77 | €514 | €421 | -€93 | -18.1% |
| Profit (loss) for the period | 9904 | €2,681 | -€81,464 | -€84,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,681 | -€81,464 | -€84,145 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.