LIL: 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.
LIL
Largest movements
- Cash -€34,432
down €34,432 (-76.4%), from €45,050 to €10,618
mainly Net result for the year (-€44,486) and Receivables within one year (-€21,243)
- Receivables within one year +€21,243
up €21,243 (+1109.4%), from €1,915 to €23,158
of which Other amounts receivable: +€21,769
- Tangible fixed assets -€1,978
down €1,978 (-7.3%), from €27,260 to €25,282
of which Furniture and vehicles: -€1,600
- Stocks and contracts +€1,593
up €1,593 (+65.5%), from €2,432 to €4,025
- Profit (loss) carried forward -€44,486
down €44,486 (-108.4%), from -€41,048 to -€85,534
- Other debts +€28,299
up €28,299 (+42.9%), from €65,916 to €94,215
- Trade debts +€6,005
up €6,005 (+30.1%), from €19,961 to €25,966
- Tax, wage and social debts -€3,262
down €3,262 (-9.6%), from €33,927 to €30,665
of which Taxes: -€15,676
- Gross operating margin -€28,896
down €28,896 (-21.8%), from €132,267 to €103,372
- Other operating charges +€10,227
up €10,227 (+9.8%), from €104,464 to €114,691
- Staff costs +€9,042
up €9,042 (+43.5%), from €20,763 to €29,806
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,156 | €77,713 | -€13,443 | -14.7% |
| Fixed assets | 21/28 | €41,760 | €39,782 | -€1,978 | -4.7% |
| Tangible fixed assets | 22/27 | €27,260 | €25,282 | -€1,978 | -7.3% |
| Furniture and vehicles | 24 | €24,337 | €22,737 | -€1,600 | -6.6% |
| Other tangible fixed assets | 26 | €2,923 | €2,545 | -€378 | -12.9% |
| Financial fixed assets | 28 | €14,500 | €14,500 | = | 0.0% |
| Current assets | 29/58 | €49,396 | €37,931 | -€11,465 | -23.2% |
| Stocks and contracts in progress | 3 | €2,432 | €4,025 | +€1,593 | +65.5% |
| Stocks | 30/36 | €2,432 | €4,025 | +€1,593 | +65.5% |
| Amounts receivable within one year | 40/41 | €1,915 | €23,158 | +€21,243 | +1109.4% |
| Trade receivables | 40 | €1,915 | €1,389 | -€526 | -27.5% |
| Other amounts receivable | 41 | - | €21,769 | +€21,769 | |
| Cash at bank and in hand | 54/58 | €45,050 | €10,618 | -€34,432 | -76.4% |
| Deferred charges and accrued income | 490/1 | - | €131 | +€131 | |
| Total equity and liabilities | 10/49 | €91,156 | €77,713 | -€13,443 | -14.7% |
| Equity | 10/15 | -€34,848 | -€79,334 | -€44,486 | -127.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,048 | -€85,534 | -€44,486 | -108.4% |
| Amounts payable | 17/49 | €126,004 | €157,047 | +€31,043 | +24.6% |
| Amounts payable after more than one year | 17 | €6,200 | €6,200 | = | 0.0% |
| Other amounts payable | 178/9 | €6,200 | €6,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €119,804 | €150,847 | +€31,043 | +25.9% |
| Trade debts | 44 | €19,961 | €25,966 | +€6,005 | +30.1% |
| Suppliers | 440/4 | €19,961 | €25,966 | +€6,005 | +30.1% |
| Taxes, remuneration and social security | 45 | €33,927 | €30,665 | -€3,262 | -9.6% |
| Taxes | 450/3 | €16,775 | €1,099 | -€15,676 | -93.4% |
| Remuneration and social security | 454/9 | €17,152 | €29,567 | +€12,414 | +72.4% |
| Other amounts payable | 47/48 | €65,916 | €94,215 | +€28,299 | +42.9% |
| Remuneration, social security and pensions | 62 | €20,763 | €29,806 | +€9,042 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,978 | €1,978 | = | 0.0% |
| Other operating charges | 640/8 | €104,464 | €114,691 | +€10,227 | +9.8% |
| Gross operating margin | 9900 | €132,267 | €103,372 | -€28,896 | -21.8% |
| Operating profit (loss) | 9901 | €5,062 | -€43,103 | -€48,165 | |
| Financial charges | 65/66B | €1,039 | €1,383 | +€344 | +33.2% |
| Recurring financial charges | 65 | €1,039 | €1,383 | +€344 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €4,023 | -€44,486 | -€48,509 | |
| Profit (loss) for the period | 9904 | €4,023 | -€44,486 | -€48,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,023 | -€44,486 | -€48,509 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.