LILI: 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.
LILI
Largest movements
- Tangible fixed assets +€273,134
up €273,134 (+10.1%), from €2.7m to €3.0m
of which Land and buildings: +€291,772
- Receivables within one year -€168,075
down €168,075 (-98.9%), from €169,862 to €1,787
of which Trade receivables: -€168,639
- Cash -€76,677
down €76,677 (-86.3%), from €88,799 to €12,122
mainly Investment in fixed assets (net) (-€436,729) and Net result for the year (-€134,545)
- Debts after one year +€254,931
up €254,931 (+12.7%), from €2.0m to €2.3m
of which Other amounts payable: +€182,905
- Reserves -€102,007
down €102,007 (-78.0%), from €130,757 to €28,750
of which Distributable reserves: -€102,007
- Trade debts -€73,323
down €73,323 (-68.2%), from €107,582 to €34,258
- Profit (loss) carried forward -€32,539
new in 2025: -€32,539
- Gross operating margin -€97,239
down €97,239 (-37.4%), from €260,165 to €162,926
- Financial charges -€41,173
down €41,173 (-26.3%), from €156,436 to €115,263
- Depreciation -€32,749
down €32,749 (-16.7%), from €196,345 to €163,596
- Staff costs -€18,052
down €18,052 (-89.4%), from €20,191 to €2,139
- Other operating charges -€6,238
down €6,238 (-22.5%), from €27,700 to €21,462
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 | €2,974,612 | €3,005,625 | +€31,012 | +1.0% |
| Fixed assets | 21/28 | €2,714,969 | €2,988,103 | +€273,134 | +10.1% |
| Tangible fixed assets | 22/27 | €2,714,969 | €2,988,103 | +€273,134 | +10.1% |
| Land and buildings | 22 | €1,455,682 | €1,747,454 | +€291,772 | +20.0% |
| Plant, machinery and equipment | 23 | €253,937 | €311,476 | +€57,539 | +22.7% |
| Furniture and vehicles | 24 | €1,418 | €730 | -€688 | -48.5% |
| Leasing and similar rights | 25 | €1,003,933 | €928,444 | -€75,489 | -7.5% |
| Current assets | 29/58 | €259,643 | €17,522 | -€242,121 | -93.3% |
| Amounts receivable within one year | 40/41 | €169,862 | €1,787 | -€168,075 | -98.9% |
| Trade receivables | 40 | €169,862 | €1,223 | -€168,639 | -99.3% |
| Other amounts receivable | 41 | - | €564 | +€564 | |
| Cash at bank and in hand | 54/58 | €88,799 | €12,122 | -€76,677 | -86.3% |
| Deferred charges and accrued income | 490/1 | €982 | €3,613 | +€2,631 | +268% |
| Total equity and liabilities | 10/49 | €2,974,612 | €3,005,625 | +€31,012 | +1.0% |
| Equity | 10/15 | €151,217 | €16,671 | -€134,545 | -89.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €130,757 | €28,750 | -€102,007 | -78.0% |
| Tax-exempt reserves | 132 | €28,750 | €28,750 | = | 0.0% |
| Distributable reserves | 133 | €102,007 | - | -€102,007 | |
| Profit (loss) carried forward | 14 | - | -€32,539 | -€32,539 | |
| Provisions and deferred taxes | 16 | €549,306 | €544,171 | -€5,135 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €549,306 | €544,171 | -€5,135 | -0.9% |
| Other liabilities and charges | 164/5 | €549,306 | €544,171 | -€5,135 | -0.9% |
| Amounts payable | 17/49 | €2,274,090 | €2,444,782 | +€170,693 | +7.5% |
| Amounts payable after more than one year | 17 | €2,009,149 | €2,264,081 | +€254,931 | +12.7% |
| Financial debts | 170/4 | €1,556,391 | €1,628,417 | +€72,027 | +4.6% |
| Other amounts payable | 178/9 | €452,759 | €635,663 | +€182,905 | +40.4% |
| Amounts payable within one year | 42/48 | €264,040 | €177,191 | -€86,849 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €114,242 | €127,689 | +€13,447 | +11.8% |
| Trade debts | 44 | €107,582 | €34,258 | -€73,323 | -68.2% |
| Suppliers | 440/4 | €107,582 | €34,258 | -€73,323 | -68.2% |
| Taxes, remuneration and social security | 45 | €6,183 | €6,396 | +€213 | +3.4% |
| Taxes | 450/3 | €3,551 | €6,396 | +€2,844 | +80.1% |
| Remuneration and social security | 454/9 | €2,631 | - | -€2,631 | |
| Other amounts payable | 47/48 | €36,034 | €8,848 | -€27,186 | -75.4% |
| Accrued charges and deferred income | 492/3 | €900 | €3,511 | +€2,611 | +290% |
| Remuneration, social security and pensions | 62 | €20,191 | €2,139 | -€18,052 | -89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,345 | €163,596 | -€32,749 | -16.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,369 | -€5,135 | -€2,766 | -117% |
| Other operating charges | 640/8 | €27,700 | €21,462 | -€6,238 | -22.5% |
| Gross operating margin | 9900 | €260,165 | €162,926 | -€97,239 | -37.4% |
| Operating profit (loss) | 9901 | €18,299 | -€19,135 | -€37,434 | |
| Financial income | 75/76B | €0 | €26 | +€26 | +9,304% |
| Recurring financial income | 75 | €0 | €26 | +€26 | +9,304% |
| Financial charges | 65/66B | €156,436 | €115,263 | -€41,173 | -26.3% |
| Recurring financial charges | 65 | €156,436 | €115,263 | -€41,173 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€138,136 | -€134,372 | +€3,765 | +2.7% |
| Income taxes | 67/77 | €189 | €173 | -€15 | -8.1% |
| Profit (loss) for the period | 9904 | -€138,325 | -€134,545 | +€3,780 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€138,325 | -€134,545 | +€3,780 | +2.7% |
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 27 October 2026 via checked.be.