LILOU: 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.
LILOU
Largest movements
- Stocks and contracts +€213,833
up €213,833 (+11.6%), from €1.9m to €2.1m
- Tangible fixed assets +€168,544
up €168,544 (+132%), from €127,724 to €296,268
of which Land and buildings: +€201,758
- Cash -€63,256
down €63,256 (-62.7%), from €100,881 to €37,625
mainly Stocks and contracts (-€213,833) and Investment in fixed assets (net) (-€207,858)
- Receivables within one year +€55,204
up €55,204 (+71.0%), from €77,748 to €132,952
of which Trade receivables: +€57,145
- Profit (loss) carried forward +€264,797
up €264,797 (+384%), from €68,986 to €333,783
- Debts after one year +€225,663
up €225,663 (+12.7%), from €1.8m to €2.0m
of which Other amounts payable: +€385,500
- Other debts -€192,596
down €192,596 (-77.5%), from €248,620 to €56,024
- Current portion of long-term debt +€63,435
up €63,435 (+179%), from €35,505 to €98,939
- Gross operating margin +€112,201
up €112,201 (+34.6%), from €324,236 to €436,437
- Taxes +€29,205
up €29,205 (+52.8%), from €55,326 to €84,532
- Financial charges -€5,500
down €5,500 (-11.6%), from €47,483 to €41,982
of which Financial charges: -€5,691
- Depreciation +€4,687
up €4,687 (+13.5%), from €34,627 to €39,314
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 | €2,160,743 | €2,534,378 | +€373,635 | +17.3% |
| Fixed assets | 21/28 | €127,724 | €296,268 | +€168,544 | +132% |
| Tangible fixed assets | 22/27 | €127,724 | €296,268 | +€168,544 | +132% |
| Land and buildings | 22 | - | €201,758 | +€201,758 | |
| Plant, machinery and equipment | 23 | €4,122 | €3,284 | -€838 | -20.3% |
| Furniture and vehicles | 24 | €6,769 | €2,953 | -€3,817 | -56.4% |
| Leasing and similar rights | 25 | €116,833 | €88,274 | -€28,558 | -24.4% |
| Current assets | 29/58 | €2,033,019 | €2,238,109 | +€205,091 | +10.1% |
| Stocks and contracts in progress | 3 | €1,850,092 | €2,063,925 | +€213,833 | +11.6% |
| Stocks | 30/36 | €1,850,092 | €2,063,925 | +€213,833 | +11.6% |
| Amounts receivable within one year | 40/41 | €77,748 | €132,952 | +€55,204 | +71.0% |
| Trade receivables | 40 | €71,133 | €128,278 | +€57,145 | +80.3% |
| Other amounts receivable | 41 | €6,615 | €4,674 | -€1,941 | -29.3% |
| Cash at bank and in hand | 54/58 | €100,881 | €37,625 | -€63,256 | -62.7% |
| Deferred charges and accrued income | 490/1 | €4,297 | €3,607 | -€691 | -16.1% |
| Total equity and liabilities | 10/49 | €2,160,743 | €2,534,378 | +€373,635 | +17.3% |
| Equity | 10/15 | €88,986 | €353,783 | +€264,797 | +298% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,986 | €333,783 | +€264,797 | +384% |
| Amounts payable | 17/49 | €2,071,756 | €2,180,595 | +€108,838 | +5.3% |
| Amounts payable after more than one year | 17 | €1,771,844 | €1,997,506 | +€225,663 | +12.7% |
| Financial debts | 170/4 | €1,557,344 | €1,397,506 | -€159,837 | -10.3% |
| Other amounts payable | 178/9 | €214,500 | €600,000 | +€385,500 | +180% |
| Amounts payable within one year | 42/48 | €299,913 | €181,088 | -€118,824 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €35,505 | €98,939 | +€63,435 | +179% |
| Trade debts | 44 | - | €37 | +€37 | |
| Suppliers | 440/4 | - | €37 | +€37 | |
| Taxes, remuneration and social security | 45 | €15,788 | €26,088 | +€10,301 | +65.2% |
| Taxes | 450/3 | €15,788 | €26,088 | +€10,301 | +65.2% |
| Other amounts payable | 47/48 | €248,620 | €56,024 | -€192,596 | -77.5% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,627 | €39,314 | +€4,687 | +13.5% |
| Other operating charges | 640/8 | €9,178 | €6,002 | -€3,176 | -34.6% |
| Gross operating margin | 9900 | €324,236 | €436,437 | +€112,201 | +34.6% |
| Operating profit (loss) | 9901 | €280,431 | €391,121 | +€110,691 | +39.5% |
| Financial income | 75/76B | €2,194 | €189 | -€2,005 | -91.4% |
| Recurring financial income | 75 | €2,194 | €189 | -€2,005 | -91.4% |
| Financial charges | 65/66B | €47,483 | €41,982 | -€5,500 | -11.6% |
| Recurring financial charges | 65 | €47,483 | €41,791 | -€5,691 | -12.0% |
| Non-recurring financial charges | 66B | - | €191 | +€191 | |
| Profit (loss) for the period before taxes | 9903 | €235,142 | €349,328 | +€114,186 | +48.6% |
| Income taxes | 67/77 | €55,326 | €84,532 | +€29,205 | +52.8% |
| Profit (loss) for the period | 9904 | €179,816 | €264,797 | +€84,981 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €179,816 | €264,797 | +€84,981 | +47.3% |
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 14 October 2026 via checked.be.