LORISSA: 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.
LORISSA
Largest movements
- Cash +€195,853
up €195,853 (+147.4%), from €132,841 to €328,695
mainly Net result for the year (+€71,328) and Receivables within one year (+€67,350)
- Receivables within one year -€67,350
down €67,350 (-84.2%), from €79,974 to €12,623
of which Trade receivables: -€60,637
- Tangible fixed assets -€16,668
down €16,668 (-5.8%), from €287,375 to €270,706
of which Land and buildings: -€21,480
- Stocks and contracts +€9,949
up €9,949 (+41.4%), from €24,041 to €33,990
of which Contracts in progress: +€12,794
- Other debts +€40,880
up €40,880 (+145.3%), from €28,138 to €69,018
- Short-term financial debts +€25,396
new in 2025: €25,396
- Tax, wage and social debts +€23,085
up €23,085 (+236.2%), from €9,774 to €32,859
of which Taxes: +€17,520
- Trade debts +€18,472
up €18,472 (+6591.3%), from €280 to €18,752
- Reserves +€12,928
up €12,928 (+7.3%), from €176,959 to €189,887
of which Distributable reserves: +€12,928
- Gross operating margin +€187,301
up €187,301 (+121.5%), from €154,156 to €341,457
- Staff costs +€85,159
up €85,159 (+89.4%), from €95,262 to €180,421
- Taxes +€27,988
up €27,988 (+1792.2%), from €1,562 to €29,550
- Financial charges +€5,933
up €5,933 (+43.2%), from €13,721 to €19,654
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 | €525,965 | €646,715 | +€120,750 | +23.0% |
| Fixed assets | 21/28 | €288,075 | €271,406 | -€16,668 | -5.8% |
| Tangible fixed assets | 22/27 | €287,375 | €270,706 | -€16,668 | -5.8% |
| Land and buildings | 22 | €253,679 | €232,199 | -€21,480 | -8.5% |
| Plant, machinery and equipment | 23 | €10,093 | €10,474 | +€381 | +3.8% |
| Furniture and vehicles | 24 | €23,603 | €28,034 | +€4,431 | +18.8% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €237,890 | €375,308 | +€137,418 | +57.8% |
| Stocks and contracts in progress | 3 | €24,041 | €33,990 | +€9,949 | +41.4% |
| Stocks | 30/36 | €12,640 | €9,795 | -€2,845 | -22.5% |
| Contracts in progress | 37 | €11,401 | €24,195 | +€12,794 | +112.2% |
| Amounts receivable within one year | 40/41 | €79,974 | €12,623 | -€67,350 | -84.2% |
| Trade receivables | 40 | €61,374 | €736 | -€60,637 | -98.8% |
| Other amounts receivable | 41 | €18,600 | €11,887 | -€6,713 | -36.1% |
| Cash at bank and in hand | 54/58 | €132,841 | €328,695 | +€195,853 | +147.4% |
| Deferred charges and accrued income | 490/1 | €1,034 | - | -€1,034 | |
| Total equity and liabilities | 10/49 | €525,965 | €646,715 | +€120,750 | +23.0% |
| Equity | 10/15 | €195,559 | €208,487 | +€12,928 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,959 | €189,887 | +€12,928 | +7.3% |
| Non-distributable reserves | 130/1 | €1,868 | €1,868 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,868 | €1,868 | = | 0.0% |
| Distributable reserves | 133 | €175,091 | €188,019 | +€12,928 | +7.4% |
| Amounts payable | 17/49 | €330,406 | €438,228 | +€107,822 | +32.6% |
| Amounts payable after more than one year | 17 | €206,513 | €208,448 | +€1,935 | +0.9% |
| Financial debts | 170/4 | €206,513 | €208,448 | +€1,935 | +0.9% |
| Amounts payable within one year | 42/48 | €123,893 | €229,780 | +€105,888 | +85.5% |
| Current portion of amounts payable after more than one year | 42 | €19,483 | €17,538 | -€1,945 | -10.0% |
| Financial debts | 43 | - | €25,396 | +€25,396 | |
| Other loans | 439 | - | €25,396 | +€25,396 | |
| Trade debts | 44 | €280 | €18,752 | +€18,472 | +6591.3% |
| Suppliers | 440/4 | €280 | €18,752 | +€18,472 | +6591.3% |
| Advances received on contracts in progress | 46 | €66,218 | €66,218 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,774 | €32,859 | +€23,085 | +236.2% |
| Taxes | 450/3 | €2,513 | €20,033 | +€17,520 | +697.0% |
| Remuneration and social security | 454/9 | €7,260 | €12,825 | +€5,565 | +76.7% |
| Other amounts payable | 47/48 | €28,138 | €69,018 | +€40,880 | +145.3% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €95,262 | €180,421 | +€85,159 | +89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,233 | €34,455 | +€222 | +0.6% |
| Other operating charges | 640/8 | €5,468 | €6,049 | +€581 | +10.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €154,156 | €341,457 | +€187,301 | +121.5% |
| Operating profit (loss) | 9901 | €19,192 | €120,531 | +€101,339 | +528.0% |
| Financial income | 75/76B | €1,142 | - | -€1,142 | |
| Recurring financial income | 75 | €1,142 | - | -€1,142 | |
| Financial charges | 65/66B | €13,721 | €19,654 | +€5,933 | +43.2% |
| Recurring financial charges | 65 | €13,721 | €19,654 | +€5,933 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | €6,613 | €100,878 | +€94,265 | +1425.5% |
| Income taxes | 67/77 | €1,562 | €29,550 | +€27,988 | +1792.2% |
| Profit (loss) for the period | 9904 | €5,051 | €71,328 | +€66,276 | +1312.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,051 | €71,328 | +€66,276 | +1312.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.