Lorko: 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.
Lorko
Largest movements
- Cash +€43,167
up €43,167 (+122.2%), from €35,324 to €78,492
mainly Net result for the year (+€39,959) and Trade debts (+€2,654)
- Deferred charges and accrued income +€2,389
up €2,389 (+103.0%), from €2,320 to €4,709
- Receivables within one year -€1,433
down €1,433 (-10.6%), from €13,565 to €12,132
of which Trade receivables: -€1,910
- Reserves +€67,277
up €67,277 (+283.3%), from €23,747 to €91,025
- Profit (loss) carried forward -€27,318
down €27,318 (-100.0%), from €27,318 to €0
- Trade debts +€2,654
up €2,654 (+841.3%), from €315 to €2,970
- Tax, wage and social debts +€1,899
new in 2025: €1,899
- Gross operating margin +€16,356
up €16,356 (+41.2%), from €39,730 to €56,086
- Taxes +€2,476
up €2,476 (+26.3%), from €9,422 to €11,899
- Financial charges +€748
up €748 (+77.6%), from €964 to €1,713
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 | €53,881 | €98,393 | +€44,512 | +82.6% |
| Fixed assets | 21/28 | €2,287 | €2,661 | +€375 | +16.4% |
| Tangible fixed assets | 22/27 | €2,287 | €2,661 | +€375 | +16.4% |
| Plant, machinery and equipment | 23 | €164 | €1,857 | +€1,693 | +1031.8% |
| Furniture and vehicles | 24 | €2,123 | €804 | -€1,318 | -62.1% |
| Current assets | 29/58 | €51,594 | €95,731 | +€44,137 | +85.5% |
| Stocks and contracts in progress | 3 | €385 | €398 | +€14 | +3.5% |
| Stocks | 30/36 | €385 | €398 | +€14 | +3.5% |
| Amounts receivable within one year | 40/41 | €13,565 | €12,132 | -€1,433 | -10.6% |
| Trade receivables | 40 | €2,082 | €173 | -€1,910 | -91.7% |
| Other amounts receivable | 41 | €11,482 | €11,960 | +€477 | +4.2% |
| Cash at bank and in hand | 54/58 | €35,324 | €78,492 | +€43,167 | +122.2% |
| Deferred charges and accrued income | 490/1 | €2,320 | €4,709 | +€2,389 | +103.0% |
| Total equity and liabilities | 10/49 | €53,881 | €98,393 | +€44,512 | +82.6% |
| Equity | 10/15 | €53,565 | €93,525 | +€39,959 | +74.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €23,747 | €91,025 | +€67,277 | +283.3% |
| Distributable reserves | 133 | €23,747 | €91,025 | +€67,277 | +283.3% |
| Profit (loss) carried forward | 14 | €27,318 | €0 | -€27,318 | -100.0% |
| Amounts payable | 17/49 | €315 | €4,868 | +€4,553 | +1443.1% |
| Amounts payable within one year | 42/48 | €315 | €4,868 | +€4,553 | +1443.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €315 | €2,970 | +€2,654 | +841.3% |
| Suppliers | 440/4 | €315 | €2,970 | +€2,654 | +841.3% |
| Taxes, remuneration and social security | 45 | - | €1,899 | +€1,899 | |
| Taxes | 450/3 | - | €1,899 | +€1,899 | |
| Remuneration, social security and pensions | 62 | - | €362 | +€362 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,787 | €1,735 | -€51 | -2.9% |
| Other operating charges | 640/8 | €581 | €1,048 | +€467 | +80.4% |
| Gross operating margin | 9900 | €39,730 | €56,086 | +€16,356 | +41.2% |
| Operating profit (loss) | 9901 | €37,362 | €52,941 | +€15,578 | +41.7% |
| Financial income | 75/76B | €342 | €630 | +€288 | +84.1% |
| Recurring financial income | 75 | €342 | €630 | +€288 | +84.1% |
| Financial charges | 65/66B | €964 | €1,713 | +€748 | +77.6% |
| Recurring financial charges | 65 | €964 | €1,713 | +€748 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €36,740 | €51,858 | +€15,118 | +41.1% |
| Income taxes | 67/77 | €9,422 | €11,899 | +€2,476 | +26.3% |
| Profit (loss) for the period | 9904 | €27,318 | €39,959 | +€12,641 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,318 | €39,959 | +€12,641 | +46.3% |
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 4 October 2026 via checked.be.