Garage Lillo: 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.
Garage Lillo
Largest movements
- Receivables within one year +€135,524
up €135,524 (+357%), from €38,013 to €173,537
of which Other amounts receivable: +€77,571
- Cash -€57,414
down €57,414 (-87.8%), from €65,372 to €7,958
mainly Receivables within one year (-€135,524) and Investment in fixed assets (net) (-€23,484)
- Tangible fixed assets +€7,371
up €7,371 (+26.9%), from €27,370 to €34,741
of which Furniture and vehicles: +€9,570
- Debts after one year +€25,957
new in 2025: €25,957
- Trade debts +€21,646
up €21,646 (+108%), from €20,124 to €41,770
- Current portion of long-term debt +€18,694
new in 2025: €18,694
- Reserves +€10,587
up €10,587 (+529%), from €2,000 to €12,587
of which Distributable reserves: +€10,587
- Tax, wage and social debts +€6,959
up €6,959 (+15.3%), from €45,498 to €52,457
of which Taxes: +€17,229
- Gross operating margin +€27,511
up €27,511 (+22.2%), from €124,151 to €151,662
- Financial charges +€7,861
up €7,861 (+1,448%), from €543 to €8,404
- Depreciation +€5,615
up €5,615 (+52.5%), from €10,697 to €16,313
- Staff costs -€5,550
down €5,550 (-5.5%), from €100,158 to €94,608
- Taxes +€2,299
up €2,299 (+59.9%), from €3,840 to €6,139
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 | €138,705 | €226,136 | +€87,431 | +63.0% |
| Formation expenses | 20 | €200 | €0 | -€200 | -100.0% |
| Fixed assets | 21/28 | €31,870 | €39,241 | +€7,371 | +23.1% |
| Tangible fixed assets | 22/27 | €27,370 | €34,741 | +€7,371 | +26.9% |
| Plant, machinery and equipment | 23 | €20,371 | €12,545 | -€7,826 | -38.4% |
| Furniture and vehicles | 24 | €2,604 | €12,174 | +€9,570 | +367% |
| Other tangible fixed assets | 26 | €4,395 | €10,022 | +€5,627 | +128% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €106,635 | €186,895 | +€80,260 | +75.3% |
| Stocks and contracts in progress | 3 | €3,250 | €5,400 | +€2,150 | +66.2% |
| Stocks | 30/36 | €3,250 | €5,400 | +€2,150 | +66.2% |
| Amounts receivable within one year | 40/41 | €38,013 | €173,537 | +€135,524 | +357% |
| Trade receivables | 40 | €18,850 | €76,803 | +€57,953 | +307% |
| Other amounts receivable | 41 | €19,164 | €96,735 | +€77,571 | +405% |
| Cash at bank and in hand | 54/58 | €65,372 | €7,958 | -€57,414 | -87.8% |
| Total equity and liabilities | 10/49 | €138,705 | €226,136 | +€87,431 | +63.0% |
| Equity | 10/15 | €73,083 | €87,259 | +€14,176 | +19.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €12,587 | +€10,587 | +529% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €10,587 | +€10,587 | |
| Profit (loss) carried forward | 14 | €51,083 | €54,672 | +€3,589 | +7.0% |
| Amounts payable | 17/49 | €65,622 | €138,877 | +€73,255 | +112% |
| Amounts payable after more than one year | 17 | - | €25,957 | +€25,957 | |
| Financial debts | 170/4 | - | €25,957 | +€25,957 | |
| Amounts payable within one year | 42/48 | €65,622 | €112,921 | +€47,299 | +72.1% |
| Current portion of amounts payable after more than one year | 42 | - | €18,694 | +€18,694 | |
| Trade debts | 44 | €20,124 | €41,770 | +€21,646 | +108% |
| Suppliers | 440/4 | €20,124 | €41,770 | +€21,646 | +108% |
| Taxes, remuneration and social security | 45 | €45,498 | €52,457 | +€6,959 | +15.3% |
| Taxes | 450/3 | €33,044 | €50,273 | +€17,229 | +52.1% |
| Remuneration and social security | 454/9 | €12,454 | €2,184 | -€10,270 | -82.5% |
| Remuneration, social security and pensions | 62 | €100,158 | €94,608 | -€5,550 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,697 | €16,313 | +€5,615 | +52.5% |
| Other operating charges | 640/8 | €1,145 | €1,643 | +€497 | +43.4% |
| Gross operating margin | 9900 | €124,151 | €151,662 | +€27,511 | +22.2% |
| Operating profit (loss) | 9901 | €12,151 | €39,098 | +€26,948 | +222% |
| Financial income | 75/76B | €35 | €1 | -€33 | -96.7% |
| Recurring financial income | 75 | €35 | €1 | -€33 | -96.7% |
| Financial charges | 65/66B | €543 | €8,404 | +€7,861 | +1,448% |
| Recurring financial charges | 65 | €543 | €8,404 | +€7,861 | +1,448% |
| Profit (loss) for the period before taxes | 9903 | €11,643 | €30,696 | +€19,053 | +164% |
| Income taxes | 67/77 | €3,840 | €6,139 | +€2,299 | +59.9% |
| Profit (loss) for the period | 9904 | €7,803 | €24,557 | +€16,754 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €7,803 | €24,557 | +€16,754 | +215% |
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 15 October 2026 via checked.be.