LOROCO: 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.
LOROCO
Largest movements
- Receivables within one year +€23,385
up €23,385 (+46.5%), from €50,261 to €73,646
of which Trade receivables: +€23,548
- Tangible fixed assets +€3,122
up €3,122 (+81.4%), from €3,838 to €6,960
of which Other tangible fixed assets: +€4,367
- Cash +€2,433
up €2,433 (+16.5%), from €14,700 to €17,133
mainly Net result for the year (+€27,478) and Tax, wage and social debts (+€6,357)
- Deferred charges and accrued income -€1,680
down €1,680 (-70.4%), from €2,388 to €708
- Reserves +€27,478
up €27,478 (+78.9%), from €34,822 to €62,299
- Trade debts -€6,575
down €6,575 (-61.1%), from €10,758 to €4,184
- Tax, wage and social debts +€6,357
up €6,357 (+29.4%), from €21,608 to €27,964
- Gross operating margin +€10,638
up €10,638 (+33.6%), from €31,701 to €42,338
- Taxes +€3,464
up €3,464 (+48.9%), from €7,089 to €10,553
- Financial charges -€669
down €669 (-26.0%), from €2,571 to €1,903
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 | €71,188 | €98,447 | +€27,260 | +38.3% |
| Fixed assets | 21/28 | €3,838 | €6,960 | +€3,122 | +81.4% |
| Tangible fixed assets | 22/27 | €3,838 | €6,960 | +€3,122 | +81.4% |
| Furniture and vehicles | 24 | €3,838 | €2,593 | -€1,245 | -32.4% |
| Other tangible fixed assets | 26 | - | €4,367 | +€4,367 | |
| Current assets | 29/58 | €67,350 | €91,487 | +€24,138 | +35.8% |
| Amounts receivable within one year | 40/41 | €50,261 | €73,646 | +€23,385 | +46.5% |
| Trade receivables | 40 | €48,402 | €71,950 | +€23,548 | +48.6% |
| Other amounts receivable | 41 | €1,859 | €1,696 | -€163 | -8.8% |
| Cash at bank and in hand | 54/58 | €14,700 | €17,133 | +€2,433 | +16.5% |
| Deferred charges and accrued income | 490/1 | €2,388 | €708 | -€1,680 | -70.4% |
| Total equity and liabilities | 10/49 | €71,188 | €98,447 | +€27,260 | +38.3% |
| Equity | 10/15 | €38,822 | €66,299 | +€27,478 | +70.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €34,822 | €62,299 | +€27,478 | +78.9% |
| Distributable reserves | 133 | €34,822 | €62,299 | +€27,478 | +78.9% |
| Amounts payable | 17/49 | €32,366 | €32,148 | -€218 | -0.7% |
| Amounts payable within one year | 42/48 | €32,366 | €32,148 | -€218 | -0.7% |
| Trade debts | 44 | €10,758 | €4,184 | -€6,575 | -61.1% |
| Suppliers | 440/4 | €10,758 | €4,184 | -€6,575 | -61.1% |
| Taxes, remuneration and social security | 45 | €21,608 | €27,964 | +€6,357 | +29.4% |
| Taxes | 450/3 | €21,608 | €27,964 | +€6,357 | +29.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,245 | €1,524 | +€279 | +22.4% |
| Other operating charges | 640/8 | €762 | €980 | +€217 | +28.5% |
| Gross operating margin | 9900 | €31,701 | €42,338 | +€10,638 | +33.6% |
| Operating profit (loss) | 9901 | €29,693 | €39,835 | +€10,141 | +34.2% |
| Financial income | 75/76B | €27 | €99 | +€72 | +262.5% |
| Recurring financial income | 75 | €27 | €99 | +€72 | +262.5% |
| Financial charges | 65/66B | €2,571 | €1,903 | -€669 | -26.0% |
| Recurring financial charges | 65 | €2,571 | €1,903 | -€669 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €27,149 | €38,031 | +€10,882 | +40.1% |
| Income taxes | 67/77 | €7,089 | €10,553 | +€3,464 | +48.9% |
| Profit (loss) for the period | 9904 | €20,060 | €27,478 | +€7,418 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,060 | €27,478 | +€7,418 | +37.0% |
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 12 October 2026 via checked.be.