Lily Espace
ActiveSummary
The computed 12-month bankruptcy probability of Lily Espace is 1.6% (moderate). The 2025 annual accounts show equity of €116k and a net result of €53k. Equity is growing by ~97.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 18400 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-9
Solvency71▼-25
Growth78=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 3.37 in 2024; short-term debt: 53.5% and cash: 82.5% of total assets), but 53.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.5%
Return on assets
21.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
14 d late
2023
17 d early
2022
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€28k▲ 13.9%
2022 · €24k
2022: €24k
2023: €28k▲ +13.9% vs 2022
2022 → 2023
EBIT margin
51.4%▼ 21.9pp
2022 · 73.3%
2022: 73.3%
2023: 51.4%▼ -29.9% vs 2022
2022 → 2023
Net result
€53k▲ 44.4%
2024 · €37k
2022: €13k
2023: €10k▼ -22.2% vs 2022lowest in 4 years
2024: €37k▲ +275% vs 2023
2025: €53k▲ +44.4% vs 2024highest in 4 years
2022 → 2025
Working capital
€113k▲ 89.7%
2024 · €60k
2022: €14klowest in 4 years
2023: €23k▲ +59.4% vs 2022
2024: €60k▲ +161% vs 2023
2025: €113k▲ +89.7% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€24k-€28k▲ 13.9%
2022: €24k
2023: €28k▲ +13.9% vs 2022
Equity€16k-€26k▲ 62.9%€62k▲ 145%€116k▲ 85.4%
2022: €16klowest in 4 years
2023: €26k▲ +62.9% vs 2022
2024: €62k▲ +145% vs 2023
2025: €116k▲ +85.4% vs 2024highest in 4 years
Operating result€18k-€14k▼ 20.1%€51k▲ 258%€80k▲ 57.9%
2022: €18k
2023: €14k▼ -20.1% vs 2022lowest in 4 years
2024: €51k▲ +258% vs 2023
2025: €80k▲ +57.9% vs 2024highest in 4 years
Net result€13k-€10k▼ 22.2%€37k▲ 275%€53k▲ 44.4%
2022: €13k
2023: €10k▼ -22.2% vs 2022lowest in 4 years
2024: €37k▲ +275% vs 2023
2025: €53k▲ +44.4% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €249k
Fixed assets
€2k ▼ 5.1%
Current assets
€247k ▲ 190%
Equity and liabilities €249k
Equity
€116k ▲ 85.4%
Debt
€133k ▲ 429%
Debt's share of the balance-sheet total rises from 28.8% to 53.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2024 · €52k
Cash flow
€54k▲
2024 · €38k
Current ratio
1.85▼
2024 · 3.37
Debt to equity
1.15▲
2024 · 0.40
ROE
46.0%▼
2024 · 59.1%
ROA
21.4%▼
2024 · 42.1%
Debt ≤ 1 year
€133k▲
2024 · €25k
Income taxes
€27k▲
2024 · €14k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88k€249k▲
Formation expenses20€440€243▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€85k€247k▲
Amounts receivable within one year40/41€31k€41k▲
Trade receivables40-€40k
Other amounts receivable41€31k€1k▼
Cash at bank and in hand54/58€54k€206k▲
Equity and liabilities
Total equity and liabilities10/49€88k€249k▲
Equity10/15€62k€116k▲
Contributions10/11€3k€3k=
Reserves13€52k€102k▲
Distributable reserves133€52k€102k▲
Profit (loss) carried forward14€7k€11k▲
Amounts payable17/49€25k€133k▲
Amounts payable within one year42/48€25k€133k▲
Trade debts44€3k€64k▲
Suppliers440/4€3k€64k▲
Taxes, remuneration and social security45€17k€66k▲
Taxes450/3€17k€66k▲
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€17k€18k▲
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814€1k▲
Other operating charges640/8€64€66▲
Gross operating margin9900€52k€84k▲
Operating profit (loss)9901€51k€80k▲
Financial income75/76B-€400
Recurring financial income75-€400
Financial charges65/66B€107-
Recurring financial charges65€107-
Profit (loss) for the period before taxes9903€51k€81k▲
Income taxes67/77€14k€27k▲
Profit (loss) for the period9904€37k€53k▲
Profit (loss) for the period to be appropriated9905€37k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€61k▲
Profit (loss) brought forward from the previous period14P€548€7k▲
Transfer to equity691/2€30k€50k▲
To other reserves6921€30k€50k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €24k | €28k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €6k | €129k | €17k | €18k | ▲ 9.6% |
| Remuneration, social security and pensions62 | €489 | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €215 | €464 | €814 | €1k | ▲ 28.2% |
| Other operating charges640/8 | - | €64 | €64 | €66 | ▲ 4.2% |
| Gross operating margin9900 | €18k | €15k | €52k | €84k | ▲ 63.6% |
| Operating profit (loss)9901 | €18k | €14k | €51k | €80k | ▲ 57.9% |
| Financial income75/76B | - | - | - | €400 | - |
| Recurring financial income75 | - | - | - | €400 | - |
| Financial charges65/66B | €0 | €75 | €107 | - | - |
| Recurring financial charges65 | €0 | €75 | €107 | - | - |
| Profit (loss) for the period before taxes9903 | €18k | €14k | €51k | €81k | ▲ 59.0% |
| Income taxes67/77 | €5k | €4k | €14k | €27k | ▲ 98.4% |
| Profit (loss) for the period9904 | €13k | €10k | €37k | €53k | ▲ 44.4% |
| Profit (loss) for the period to be appropriated9905 | €13k | €10k | €37k | €53k | ▲ 44.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23k | €34k | €88k | €249k | ▲ 184% |
| Formation expenses20 | €832 | €636 | €440 | €243 | ▼ 44.6% |
| Fixed assets21/28 | €496 | €2k | €2k | €2k | ▼ 5.1% |
| Tangible fixed assets22/27 | €496 | €2k | €2k | €2k | ▼ 5.1% |
| Furniture and vehicles24 | €496 | €2k | €2k | €2k | ▼ 5.1% |
| Current assets29/58 | €22k | €31k | €85k | €247k | ▲ 190% |
| Amounts receivable within one year40/41 | €261 | €8k | €31k | €41k | ▲ 34.7% |
| Trade receivables40 | - | €4k | - | €40k | - |
| Other amounts receivable41 | €261 | €4k | €31k | €1k | ▼ 96.0% |
| Cash at bank and in hand54/58 | €21k | €23k | €54k | €206k | ▲ 278% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23k | €34k | €88k | €249k | ▲ 184% |
| Equity10/15 | €16k | €26k | €62k | €116k | ▲ 85.4% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | €12k | €22k | €52k | €102k | ▲ 96.2% |
| Distributable reserves133 | €12k | €22k | €52k | €102k | ▲ 96.2% |
| Profit (loss) carried forward14 | €681 | €548 | €7k | €11k | ▲ 44.6% |
| Amounts payable17/49 | €7k | €8k | €25k | €133k | ▲ 429% |
| Amounts payable within one year42/48 | €7k | €8k | €25k | €133k | ▲ 429% |
| Trade debts44 | €208 | €2k | €3k | €64k | ▲ 2,098% |
| Suppliers440/4 | €208 | €2k | €3k | €64k | ▲ 2,098% |
| Taxes, remuneration and social security45 | €7k | €6k | €17k | €66k | ▲ 281% |
| Taxes450/3 | €7k | €6k | €17k | €66k | ▲ 281% |
| Other amounts payable47/48 | - | - | €5k | €4k | ▼ 23.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €10k | €37k | €53k | ▲ 44.4% |
| + Depreciation and write-downs630 | €215 | €464 | €814 | €1k | ▲ 28.2% |
| Operating cash flow (approximation) | €13k | €10k | €38k | €54k | ▲ 44.0% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €-929 | ▲ 11.1% |
| Change in cash | - | €2k | €31k | €151k | ▲ 380% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €53k ▲44.4%
Operating result €80k, net result €53k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲85.4%
4 profitable years in a row build equity to €116k.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €10k ▼22.2%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tervuren · 1 establishment unit since 2022
Ground area
873 m²
Building footprint
126 m²
Volume, LiDAR
672 m³
Parcel 24104C0105/00E007, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Lily Espace
since 20222.330.168.741
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24104C0105/00E007 | Flanders | 873 m² | 1 · 126 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,475 companies in sector 47279 we hold annual accounts for 949. 759 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47279Other retail sale of food
Scores and ratios are computed by Checked and are not a credit decision.