LOROPHAR: 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.
LOROPHAR
Largest movements
- Cash +€30,299
up €30,299 (+68.8%), from €44,020 to €74,319
mainly Net result for the year (+€44,679) and Other debts (+€25,623)
- Stocks and contracts +€14,857
up €14,857 (+37.1%), from €40,010 to €54,867
- Tangible fixed assets -€9,455
down €9,455 (-27.9%), from €33,864 to €24,410
of which Plant, machinery and equipment: -€5,522
- Receivables within one year -€7,643
down €7,643 (-11.2%), from €68,105 to €60,462
of which Trade receivables: -€3,823
- Current portion of long-term debt -€34,145
down €34,145 (-85.3%), from €40,014 to €5,868
- Other debts +€25,623
new in 2025: €25,623
- Reserves +€19,889
up €19,889 (+30.8%), from €64,650 to €84,539
of which Distributable reserves: +€19,889
- Short-term financial debts +€12,000
new in 2025: €12,000
- Tax, wage and social debts +€7,248
up €7,248 (+39.8%), from €18,227 to €25,475
of which Taxes: +€7,488
- Gross operating margin +€46,207
up €46,207 (+79.1%), from €58,445 to €104,652
- Taxes +€15,088
up €15,088 (+128.5%), from €11,746 to €26,833
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 | €205,460 | €234,299 | +€28,839 | +14.0% |
| Fixed assets | 21/28 | €40,310 | €30,855 | -€9,455 | -23.5% |
| Tangible fixed assets | 22/27 | €33,864 | €24,410 | -€9,455 | -27.9% |
| Plant, machinery and equipment | 23 | €26,685 | €21,163 | -€5,522 | -20.7% |
| Furniture and vehicles | 24 | €7,180 | €3,247 | -€3,933 | -54.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €6,445 | €6,445 | = | 0.0% |
| Current assets | 29/58 | €165,150 | €203,444 | +€38,294 | +23.2% |
| Stocks and contracts in progress | 3 | €40,010 | €54,867 | +€14,857 | +37.1% |
| Stocks | 30/36 | €40,010 | €54,867 | +€14,857 | +37.1% |
| Amounts receivable within one year | 40/41 | €68,105 | €60,462 | -€7,643 | -11.2% |
| Trade receivables | 40 | €49,553 | €45,730 | -€3,823 | -7.7% |
| Other amounts receivable | 41 | €18,551 | €14,731 | -€3,820 | -20.6% |
| Cash at bank and in hand | 54/58 | €44,020 | €74,319 | +€30,299 | +68.8% |
| Deferred charges and accrued income | 490/1 | €13,016 | €13,797 | +€781 | +6.0% |
| Total equity and liabilities | 10/49 | €205,460 | €234,299 | +€28,839 | +14.0% |
| Equity | 10/15 | €89,975 | €109,031 | +€19,056 | +21.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,650 | €84,539 | +€19,889 | +30.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,790 | €82,679 | +€19,889 | +31.7% |
| Profit (loss) carried forward | 14 | €12,925 | €12,092 | -€833 | -6.4% |
| Amounts payable | 17/49 | €115,485 | €125,268 | +€9,783 | +8.5% |
| Amounts payable after more than one year | 17 | €21,638 | €15,770 | -€5,868 | -27.1% |
| Financial debts | 170/4 | €21,638 | €15,770 | -€5,868 | -27.1% |
| Amounts payable within one year | 42/48 | €93,847 | €109,498 | +€15,651 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €40,014 | €5,868 | -€34,145 | -85.3% |
| Financial debts | 43 | - | €12,000 | +€12,000 | |
| Credit institutions | 430/8 | - | €12,000 | +€12,000 | |
| Trade debts | 44 | €35,607 | €40,533 | +€4,925 | +13.8% |
| Suppliers | 440/4 | €35,607 | €40,533 | +€4,925 | +13.8% |
| Taxes, remuneration and social security | 45 | €18,227 | €25,475 | +€7,248 | +39.8% |
| Taxes | 450/3 | €15,029 | €22,517 | +€7,488 | +49.8% |
| Remuneration and social security | 454/9 | €3,198 | €2,957 | -€240 | -7.5% |
| Other amounts payable | 47/48 | - | €25,623 | +€25,623 | |
| Remuneration, social security and pensions | 62 | €18,219 | €18,123 | -€96 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,476 | €12,364 | +€888 | +7.7% |
| Other operating charges | 640/8 | €648 | €463 | -€185 | -28.6% |
| Gross operating margin | 9900 | €58,445 | €104,652 | +€46,207 | +79.1% |
| Operating profit (loss) | 9901 | €28,102 | €73,701 | +€45,599 | +162.3% |
| Financial income | 75/76B | €112 | €105 | -€7 | -6.2% |
| Recurring financial income | 75 | €112 | €105 | -€7 | -6.2% |
| Financial charges | 65/66B | €2,987 | €2,294 | -€693 | -23.2% |
| Recurring financial charges | 65 | €2,987 | €2,294 | -€693 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €25,227 | €71,512 | +€46,285 | +183.5% |
| Income taxes | 67/77 | €11,746 | €26,833 | +€15,088 | +128.5% |
| Profit (loss) for the period | 9904 | €13,482 | €44,679 | +€31,197 | +231.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,482 | €44,679 | +€31,197 | +231.4% |
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.