LORRAINE LUX: 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.
LORRAINE LUX
Largest movements
- Receivables within one year +€28,666
up €28,666 (+58.0%), from €49,437 to €78,103
of which Other amounts receivable: +€47,614
- Stocks and contracts -€14,377
down €14,377 (-7.5%), from €192,113 to €177,736
- Tangible fixed assets -€4,159
down €4,159 (-8.1%), from €51,037 to €46,878
of which Land and buildings: -€5,284
- Cash +€3,610
up €3,610 (+23.6%), from €15,297 to €18,907
mainly Net result for the year (+€36,958) and Stocks and contracts (+€14,377)
- Reserves +€36,958
up €36,958 (+157%), from €23,500 to €60,458
- Trade debts -€18,013
down €18,013 (-32.6%), from €55,233 to €37,220
- Debts after one year -€17,026
down €17,026 (-15.7%), from €108,368 to €91,342
- Tax, wage and social debts +€11,398
up €11,398 (+87.9%), from €12,965 to €24,363
- Taxes +€12,976
up €12,976 (+84.8%), from €15,310 to €28,286
- Financial charges -€2,142
down €2,142 (-33.8%), from €6,336 to €4,194
- Financial income -€1,318
down €1,318 (-97.6%), from €1,350 to €32
- Other operating charges -€1,062
down €1,062 (-32.1%), from €3,308 to €2,246
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 | €312,449 | €326,065 | +€13,616 | +4.4% |
| Formation expenses | 20 | €2,380 | €1,780 | -€600 | -25.2% |
| Fixed assets | 21/28 | €51,037 | €46,878 | -€4,159 | -8.1% |
| Tangible fixed assets | 22/27 | €51,037 | €46,878 | -€4,159 | -8.1% |
| Land and buildings | 22 | €50,765 | €45,481 | -€5,284 | -10.4% |
| Plant, machinery and equipment | 23 | €141 | - | -€141 | |
| Furniture and vehicles | 24 | €131 | €1,397 | +€1,266 | +966% |
| Current assets | 29/58 | €259,032 | €277,407 | +€18,375 | +7.1% |
| Stocks and contracts in progress | 3 | €192,113 | €177,736 | -€14,377 | -7.5% |
| Stocks | 30/36 | €192,113 | €177,736 | -€14,377 | -7.5% |
| Amounts receivable within one year | 40/41 | €49,437 | €78,103 | +€28,666 | +58.0% |
| Trade receivables | 40 | €20,423 | €1,475 | -€18,948 | -92.8% |
| Other amounts receivable | 41 | €29,014 | €76,628 | +€47,614 | +164% |
| Cash at bank and in hand | 54/58 | €15,297 | €18,907 | +€3,610 | +23.6% |
| Deferred charges and accrued income | 490/1 | €2,185 | €2,661 | +€476 | +21.8% |
| Total equity and liabilities | 10/49 | €312,449 | €326,065 | +€13,616 | +4.4% |
| Equity | 10/15 | €117,188 | €154,146 | +€36,958 | +31.5% |
| Contributions | 10/11 | €79,675 | €79,675 | = | 0.0% |
| Reserves | 13 | €23,500 | €60,458 | +€36,958 | +157% |
| Distributable reserves | 133 | €23,500 | €60,458 | +€36,958 | +157% |
| Profit (loss) carried forward | 14 | €14,013 | €14,013 | = | 0.0% |
| Amounts payable | 17/49 | €195,261 | €171,919 | -€23,342 | -12.0% |
| Amounts payable after more than one year | 17 | €108,368 | €91,342 | -€17,026 | -15.7% |
| Financial debts | 170/4 | €108,368 | €91,342 | -€17,026 | -15.7% |
| Amounts payable within one year | 42/48 | €86,846 | €80,577 | -€6,269 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €16,735 | €18,994 | +€2,259 | +13.5% |
| Trade debts | 44 | €55,233 | €37,220 | -€18,013 | -32.6% |
| Suppliers | 440/4 | €55,233 | €37,220 | -€18,013 | -32.6% |
| Taxes, remuneration and social security | 45 | €12,965 | €24,363 | +€11,398 | +87.9% |
| Taxes | 450/3 | €12,965 | €24,363 | +€11,398 | +87.9% |
| Other amounts payable | 47/48 | €1,913 | - | -€1,913 | |
| Accrued charges and deferred income | 492/3 | €47 | - | -€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,472 | €6,203 | -€269 | -4.2% |
| Other operating charges | 640/8 | €3,308 | €2,246 | -€1,062 | -32.1% |
| Gross operating margin | 9900 | €77,796 | €77,855 | +€59 | +0.1% |
| Operating profit (loss) | 9901 | €68,016 | €69,406 | +€1,390 | +2.0% |
| Financial income | 75/76B | €1,350 | €32 | -€1,318 | -97.6% |
| Recurring financial income | 75 | €1,350 | €32 | -€1,318 | -97.6% |
| Financial charges | 65/66B | €6,336 | €4,194 | -€2,142 | -33.8% |
| Recurring financial charges | 65 | €6,336 | €4,194 | -€2,142 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €63,030 | €65,244 | +€2,214 | +3.5% |
| Income taxes | 67/77 | €15,310 | €28,286 | +€12,976 | +84.8% |
| Profit (loss) for the period | 9904 | €47,720 | €36,958 | -€10,762 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,720 | €36,958 | -€10,762 | -22.6% |
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 25 October 2026 via checked.be.