Loravi: 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.
Loravi
Largest movements
- Tangible fixed assets -€20,186
down €20,186 (-3.2%), from €623,101 to €602,915
- Cash +€14,597
up €14,597 (+102%), from €14,354 to €28,951
mainly Depreciation (+€21,482) and Receivables within one year (+€860)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,018
up €2,018 (+11.4%), from €17,739 to €19,757
- Other operating charges +€213
up €213 (+6.9%), from €3,068 to €3,281
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 | €640,055 | €633,569 | -€6,486 | -1.0% |
| Fixed assets | 21/28 | €623,101 | €602,915 | -€20,186 | -3.2% |
| Tangible fixed assets | 22/27 | €623,101 | €602,915 | -€20,186 | -3.2% |
| Land and buildings | 22 | €623,101 | €602,915 | -€20,186 | -3.2% |
| Current assets | 29/58 | €16,954 | €30,654 | +€13,700 | +80.8% |
| Amounts receivable within one year | 40/41 | €1,803 | €943 | -€860 | -47.7% |
| Trade receivables | 40 | €860 | €0 | -€860 | -100% |
| Other amounts receivable | 41 | €943 | €943 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,354 | €28,951 | +€14,597 | +102% |
| Deferred charges and accrued income | 490/1 | €797 | €760 | -€37 | -4.6% |
| Total equity and liabilities | 10/49 | €640,055 | €633,569 | -€6,486 | -1.0% |
| Equity | 10/15 | -€33,618 | -€38,918 | -€5,300 | -15.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,618 | -€48,918 | -€5,300 | -12.2% |
| Amounts payable | 17/49 | €673,674 | €672,488 | -€1,186 | -0.2% |
| Amounts payable within one year | 42/48 | €673,674 | €672,076 | -€1,598 | -0.2% |
| Trade debts | 44 | €1,646 | €426 | -€1,220 | -74.1% |
| Suppliers | 440/4 | €1,646 | €426 | -€1,220 | -74.1% |
| Taxes, remuneration and social security | 45 | €378 | €0 | -€378 | -100% |
| Taxes | 450/3 | €378 | €0 | -€378 | -100% |
| Other amounts payable | 47/48 | €671,650 | €671,650 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,482 | €21,482 | +€1 | 0.0% |
| Other operating charges | 640/8 | €3,068 | €3,281 | +€213 | +6.9% |
| Gross operating margin | 9900 | €17,739 | €19,757 | +€2,018 | +11.4% |
| Operating profit (loss) | 9901 | -€6,810 | -€5,006 | +€1,804 | +26.5% |
| Financial charges | 65/66B | €141 | €294 | +€153 | +109% |
| Recurring financial charges | 65 | €141 | €294 | +€153 | +109% |
| Profit (loss) for the period before taxes | 9903 | -€6,951 | -€5,300 | +€1,651 | +23.8% |
| Profit (loss) for the period | 9904 | -€6,951 | -€5,300 | +€1,651 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,951 | -€5,300 | +€1,651 | +23.8% |
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 17 October 2026 via checked.be.