LILA: 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.
LILA
Largest movements
- Receivables within one year +€29,983
up €29,983 (+158.4%), from €18,933 to €48,916
of which Trade receivables: +€24,180
- Deferred charges and accrued income +€5,970
up €5,970 (+1243.3%), from €480 to €6,450
- Tangible fixed assets -€5,852
down €5,852 (-3.1%), from €191,632 to €185,780
of which Land and buildings: -€4,723
- Intangible fixed assets -€3,500
down €3,500 (-11.3%), from €31,070 to €27,570
- Cash +€3,444
up €3,444 (+17.8%), from €19,310 to €22,754
mainly Net result for the year (+€25,766) and Trade debts (+€23,203)
- Reserves +€25,766
up €25,766 (+103.6%), from €24,867 to €50,633
- Trade debts +€23,203
up €23,203 (+169.2%), from €13,710 to €36,913
- Debts after one year -€16,139
down €16,139 (-8.5%), from €189,491 to €173,352
- Other debts -€3,381
down €3,381 (-37.7%), from €8,962 to €5,581
- Depreciation -€25,673
down €25,673 (-69.2%), from €37,091 to €11,418
- Gross operating margin -€21,201
down €21,201 (-26.7%), from €79,360 to €58,159
- Financial charges +€3,737
up €3,737 (+65.6%), from €5,701 to €9,438
- Staff costs -€1,159
down €1,159 (-100.0%), from €1,159 to €0
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 | €261,425 | €291,471 | +€30,046 | +11.5% |
| Fixed assets | 21/28 | €222,702 | €213,350 | -€9,352 | -4.2% |
| Intangible fixed assets | 21 | €31,070 | €27,570 | -€3,500 | -11.3% |
| Tangible fixed assets | 22/27 | €191,632 | €185,780 | -€5,852 | -3.1% |
| Land and buildings | 22 | €180,000 | €175,277 | -€4,723 | -2.6% |
| Plant, machinery and equipment | 23 | €11,632 | €10,503 | -€1,128 | -9.7% |
| Current assets | 29/58 | €38,723 | €78,121 | +€39,398 | +101.7% |
| Amounts receivable within one year | 40/41 | €18,933 | €48,916 | +€29,983 | +158.4% |
| Trade receivables | 40 | €16,603 | €40,783 | +€24,180 | +145.6% |
| Other amounts receivable | 41 | €2,330 | €8,133 | +€5,803 | +249.0% |
| Cash at bank and in hand | 54/58 | €19,310 | €22,754 | +€3,444 | +17.8% |
| Deferred charges and accrued income | 490/1 | €480 | €6,450 | +€5,970 | +1243.3% |
| Total equity and liabilities | 10/49 | €261,425 | €291,471 | +€30,046 | +11.5% |
| Equity | 10/15 | €29,867 | €55,633 | +€25,766 | +86.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,867 | €50,633 | +€25,766 | +103.6% |
| Distributable reserves | 133 | €24,867 | €50,633 | +€25,766 | +103.6% |
| Amounts payable | 17/49 | €231,558 | €235,838 | +€4,280 | +1.8% |
| Amounts payable after more than one year | 17 | €189,491 | €173,352 | -€16,139 | -8.5% |
| Financial debts | 170/4 | €189,491 | €173,352 | -€16,139 | -8.5% |
| Amounts payable within one year | 42/48 | €42,066 | €62,486 | +€20,419 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €15,447 | €16,139 | +€692 | +4.5% |
| Trade debts | 44 | €13,710 | €36,913 | +€23,203 | +169.2% |
| Suppliers | 440/4 | €13,710 | €36,913 | +€23,203 | +169.2% |
| Advances received on contracts in progress | 46 | €460 | €0 | -€460 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,487 | €3,852 | +€365 | +10.5% |
| Taxes | 450/3 | €3,487 | €3,852 | +€365 | +10.5% |
| Other amounts payable | 47/48 | €8,962 | €5,581 | -€3,381 | -37.7% |
| Remuneration, social security and pensions | 62 | €1,159 | €0 | -€1,159 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,091 | €11,418 | -€25,673 | -69.2% |
| Other operating charges | 640/8 | €1,068 | €1,520 | +€452 | +42.3% |
| Gross operating margin | 9900 | €79,360 | €58,159 | -€21,201 | -26.7% |
| Operating profit (loss) | 9901 | €40,042 | €45,221 | +€5,180 | +12.9% |
| Financial income | 75/76B | €13 | €14 | +€2 | +11.6% |
| Recurring financial income | 75 | €13 | €14 | +€2 | +11.6% |
| Financial charges | 65/66B | €5,701 | €9,438 | +€3,737 | +65.6% |
| Recurring financial charges | 65 | €5,701 | €9,438 | +€3,737 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €34,354 | €35,798 | +€1,444 | +4.2% |
| Income taxes | 67/77 | €9,487 | €10,032 | +€545 | +5.7% |
| Profit (loss) for the period | 9904 | €24,867 | €25,766 | +€899 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,867 | €25,766 | +€899 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.