LORMANS MANAGEMENT: 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.
LORMANS MANAGEMENT
Largest movements
- Receivables within one year -€33,411
down €33,411 (-12.0%), from €278,434 to €245,024
- Reserves -€230,041
down €230,041 (-32.1%), from €715,817 to €485,776
- Debts after one year +€121,046
up €121,046 (+134%), from €90,245 to €211,292
- Other debts +€59,861
up €59,861 (+2,375%), from €2,521 to €62,382
- Current portion of long-term debt +€10,175
up €10,175 (+74.7%), from €13,615 to €23,790
- Gross operating margin -€52,931
down €52,931 (-37.4%), from €141,567 to €88,635
- Financial income +€50,908
up €50,908 (+2,754%), from €1,849 to €52,756
- Taxes -€12,047
down €12,047 (-31.7%), from €37,949 to €25,902
- Financial charges +€3,965
up €3,965 (+59.1%), from €6,714 to €10,679
- Staff costs -€1,605
down €1,605 (-37.5%), from €4,281 to €2,676
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 | €859,472 | €819,707 | -€39,765 | -4.6% |
| Fixed assets | 21/28 | €566,318 | €564,725 | -€1,592 | -0.3% |
| Tangible fixed assets | 22/27 | €17,464 | €15,871 | -€1,592 | -9.1% |
| Plant, machinery and equipment | 23 | €1,987 | €1,409 | -€578 | -29.1% |
| Furniture and vehicles | 24 | €15,477 | €14,463 | -€1,014 | -6.6% |
| Financial fixed assets | 28 | €548,854 | €548,854 | = | 0.0% |
| Current assets | 29/58 | €293,154 | €254,982 | -€38,172 | -13.0% |
| Amounts receivable within one year | 40/41 | €278,434 | €245,024 | -€33,411 | -12.0% |
| Other amounts receivable | 41 | €278,434 | €245,024 | -€33,411 | -12.0% |
| Cash at bank and in hand | 54/58 | €8,298 | €5,681 | -€2,617 | -31.5% |
| Deferred charges and accrued income | 490/1 | €6,422 | €4,277 | -€2,144 | -33.4% |
| Total equity and liabilities | 10/49 | €859,472 | €819,707 | -€39,765 | -4.6% |
| Equity | 10/15 | €734,417 | €504,376 | -€230,041 | -31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €715,817 | €485,776 | -€230,041 | -32.1% |
| Distributable reserves | 133 | €715,817 | €485,776 | -€230,041 | -32.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,055 | €315,331 | +€190,276 | +152% |
| Amounts payable after more than one year | 17 | €90,245 | €211,292 | +€121,046 | +134% |
| Financial debts | 170/4 | €90,245 | €211,292 | +€121,046 | +134% |
| Amounts payable within one year | 42/48 | €34,471 | €103,283 | +€68,812 | +200% |
| Current portion of amounts payable after more than one year | 42 | €13,615 | €23,790 | +€10,175 | +74.7% |
| Trade debts | 44 | €804 | €35 | -€768 | -95.6% |
| Suppliers | 440/4 | €804 | €35 | -€768 | -95.6% |
| Taxes, remuneration and social security | 45 | €17,532 | €17,075 | -€456 | -2.6% |
| Taxes | 450/3 | €17,532 | €17,075 | -€456 | -2.6% |
| Other amounts payable | 47/48 | €2,521 | €62,382 | +€59,861 | +2,375% |
| Accrued charges and deferred income | 492/3 | €338 | €756 | +€418 | +124% |
| Remuneration, social security and pensions | 62 | €4,281 | €2,676 | -€1,605 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,118 | €7,970 | +€852 | +12.0% |
| Other operating charges | 640/8 | €1,471 | €1,028 | -€442 | -30.1% |
| Gross operating margin | 9900 | €141,567 | €88,635 | -€52,931 | -37.4% |
| Operating profit (loss) | 9901 | €128,697 | €76,962 | -€51,736 | -40.2% |
| Financial income | 75/76B | €1,849 | €52,756 | +€50,908 | +2,754% |
| Recurring financial income | 75 | €1,849 | €52,756 | +€50,908 | +2,754% |
| Financial charges | 65/66B | €6,714 | €10,679 | +€3,965 | +59.1% |
| Recurring financial charges | 65 | €6,714 | €10,679 | +€3,965 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €123,832 | €119,039 | -€4,793 | -3.9% |
| Income taxes | 67/77 | €37,949 | €25,902 | -€12,047 | -31.7% |
| Profit (loss) for the period | 9904 | €85,883 | €93,137 | +€7,253 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,883 | €93,137 | +€7,253 | +8.4% |
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.