Lorré Joris: 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.
Lorré Joris
Largest movements
- Tangible fixed assets +€230,812
up €230,812 (+46.4%), from €497,105 to €727,916
of which Land and buildings: +€252,800
- Cash -€75,421
down €75,421 (-88.8%), from €84,926 to €9,505
mainly Investment in fixed assets (net) (-€320,459) and Net result for the year (-€54,754)
- Other debts +€242,941
up €242,941 (+3054.8%), from €7,953 to €250,894
- Reserves -€54,754
down €54,754 (-11.3%), from €485,847 to €431,093
of which Distributable reserves: -€54,754
- Tax, wage and social debts -€29,759
down €29,759 (-88.8%), from €33,514 to €3,756
- Gross operating margin -€117,293
down €117,293 (-73.6%), from €159,288 to €41,994
- Depreciation +€38,466
up €38,466 (+75.2%), from €51,182 to €89,647
- Taxes -€29,853
down €29,853 (-94.7%), from €31,540 to €1,687
- Financial charges -€3,646
down €3,646 (-86.1%), from €4,233 to €587
- Other operating charges -€2,007
down €2,007 (-29.4%), from €6,838 to €4,831
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 | €589,954 | €746,173 | +€156,219 | +26.5% |
| Fixed assets | 21/28 | €497,665 | €728,476 | +€230,812 | +46.4% |
| Tangible fixed assets | 22/27 | €497,105 | €727,916 | +€230,812 | +46.4% |
| Land and buildings | 22 | €399,212 | €652,012 | +€252,800 | +63.3% |
| Plant, machinery and equipment | 23 | €48,103 | €32,205 | -€15,897 | -33.0% |
| Furniture and vehicles | 24 | €49,790 | €40,674 | -€9,116 | -18.3% |
| Assets under construction and advance payments | 27 | - | €3,025 | +€3,025 | |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €92,289 | €17,697 | -€74,593 | -80.8% |
| Amounts receivable within one year | 40/41 | €7,364 | €8,192 | +€828 | +11.2% |
| Trade receivables | 40 | €7,364 | €8,192 | +€828 | +11.2% |
| Cash at bank and in hand | 54/58 | €84,926 | €9,505 | -€75,421 | -88.8% |
| Total equity and liabilities | 10/49 | €589,954 | €746,173 | +€156,219 | +26.5% |
| Equity | 10/15 | €535,847 | €481,093 | -€54,754 | -10.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €485,847 | €431,093 | -€54,754 | -11.3% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | - | -€5,000 | |
| Other | 1319 | - | €5,000 | +€5,000 | |
| Distributable reserves | 133 | €480,847 | €426,093 | -€54,754 | -11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | -€0 | -100.0% |
| Amounts payable | 17/49 | €54,107 | €265,080 | +€210,973 | +389.9% |
| Amounts payable within one year | 42/48 | €47,364 | €255,695 | +€208,331 | +439.8% |
| Trade debts | 44 | €5,897 | €1,045 | -€4,852 | -82.3% |
| Suppliers | 440/4 | €5,897 | €1,045 | -€4,852 | -82.3% |
| Taxes, remuneration and social security | 45 | €33,514 | €3,756 | -€29,759 | -88.8% |
| Taxes | 450/3 | €33,514 | €3,756 | -€29,759 | -88.8% |
| Other amounts payable | 47/48 | €7,953 | €250,894 | +€242,941 | +3054.8% |
| Accrued charges and deferred income | 492/3 | €6,743 | €9,385 | +€2,642 | +39.2% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,182 | €89,647 | +€38,466 | +75.2% |
| Other operating charges | 640/8 | €6,838 | €4,831 | -€2,007 | -29.4% |
| Gross operating margin | 9900 | €159,288 | €41,994 | -€117,293 | -73.6% |
| Operating profit (loss) | 9901 | €101,268 | -€52,484 | -€153,752 | |
| Financial income | 75/76B | €9 | €4 | -€5 | -55.2% |
| Recurring financial income | 75 | €9 | €4 | -€5 | -55.2% |
| Financial charges | 65/66B | €4,233 | €587 | -€3,646 | -86.1% |
| Recurring financial charges | 65 | €4,233 | €587 | -€3,646 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €97,044 | -€53,067 | -€150,111 | |
| Income taxes | 67/77 | €31,540 | €1,687 | -€29,853 | -94.7% |
| Profit (loss) for the period | 9904 | €65,504 | -€54,754 | -€120,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,504 | -€54,754 | -€120,258 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.