LILY: 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.
LILY
Largest movements
- Deferred charges and accrued income +€83,472
up €83,472 (+303.1%), from €27,537 to €111,009
- Tangible fixed assets -€22,161
down €22,161 (-37.3%), from €59,359 to €37,198
- Cash -€9,611
down €9,611 (-14.1%), from €68,227 to €58,616
mainly Deferred charges and accrued income (-€83,472) and Net result for the year (-€48,302)
- Intangible fixed assets -€3,928
down €3,928 (-16.3%), from €24,095 to €20,167
- Tax, wage and social debts +€64,176
up €64,176 (+31.6%), from €203,168 to €267,344
of which Remuneration and social security: +€57,121
- Profit (loss) carried forward -€48,302
down €48,302 (-131.4%), from -€36,753 to -€85,054
- Short-term financial debts +€25,000
new in 2025: €25,000
- Trade debts +€12,218
up €12,218 (+117.6%), from €10,385 to €22,604
- Other debts -€6,403
down €6,403 (-10.5%), from €60,750 to €54,347
- Staff costs +€330,106
up €330,106 (+44.4%), from €743,011 to €1.1m
- Gross operating margin +€218,263
up €218,263 (+26.0%), from €839,789 to €1.1m
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 | €268,025 | €315,664 | +€47,639 | +17.8% |
| Fixed assets | 21/28 | €94,430 | €68,342 | -€26,088 | -27.6% |
| Intangible fixed assets | 21 | €24,095 | €20,167 | -€3,928 | -16.3% |
| Tangible fixed assets | 22/27 | €59,359 | €37,198 | -€22,161 | -37.3% |
| Land and buildings | 22 | €32,091 | €23,111 | -€8,981 | -28.0% |
| Plant, machinery and equipment | 23 | €17,633 | €13,741 | -€3,892 | -22.1% |
| Furniture and vehicles | 24 | €9,635 | €347 | -€9,288 | -96.4% |
| Financial fixed assets | 28 | €10,977 | €10,977 | = | 0.0% |
| Current assets | 29/58 | €173,595 | €247,322 | +€73,728 | +42.5% |
| Amounts receivable within one year | 40/41 | €77,830 | €77,697 | -€133 | -0.2% |
| Trade receivables | 40 | €19,209 | €28,188 | +€8,979 | +46.7% |
| Other amounts receivable | 41 | €58,622 | €49,509 | -€9,112 | -15.5% |
| Cash at bank and in hand | 54/58 | €68,227 | €58,616 | -€9,611 | -14.1% |
| Deferred charges and accrued income | 490/1 | €27,537 | €111,009 | +€83,472 | +303.1% |
| Total equity and liabilities | 10/49 | €268,025 | €315,664 | +€47,639 | +17.8% |
| Equity | 10/15 | -€18,203 | -€66,504 | -€48,302 | -265.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,753 | -€85,054 | -€48,302 | -131.4% |
| Amounts payable | 17/49 | €286,227 | €382,168 | +€95,941 | +33.5% |
| Amounts payable within one year | 42/48 | €286,227 | €382,168 | +€95,941 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €11,925 | €12,874 | +€949 | +8.0% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Other loans | 439 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €10,385 | €22,604 | +€12,218 | +117.6% |
| Suppliers | 440/4 | €10,385 | €22,604 | +€12,218 | +117.6% |
| Taxes, remuneration and social security | 45 | €203,168 | €267,344 | +€64,176 | +31.6% |
| Taxes | 450/3 | €20,705 | €27,760 | +€7,055 | +34.1% |
| Remuneration and social security | 454/9 | €182,463 | €239,583 | +€57,121 | +31.3% |
| Other amounts payable | 47/48 | €60,750 | €54,347 | -€6,403 | -10.5% |
| Non-recurring operating income | 76A | - | €10,367 | +€10,367 | |
| Remuneration, social security and pensions | 62 | €743,011 | €1,073,117 | +€330,106 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,259 | €22,085 | -€7,173 | -24.5% |
| Other operating charges | 640/8 | €1,135 | €4,320 | +€3,185 | +280.6% |
| Gross operating margin | 9900 | €839,789 | €1,058,052 | +€218,263 | +26.0% |
| Operating profit (loss) | 9901 | €66,384 | -€41,470 | -€107,854 | |
| Financial income | 75/76B | €0 | €201 | +€201 | +80264.0% |
| Recurring financial income | 75 | €0 | €201 | +€201 | +80264.0% |
| Financial charges | 65/66B | €1,101 | €6,493 | +€5,391 | +489.4% |
| Recurring financial charges | 65 | €1,101 | €6,493 | +€5,391 | +489.4% |
| Profit (loss) for the period before taxes | 9903 | €65,283 | -€47,762 | -€113,045 | |
| Income taxes | 67/77 | €499 | €540 | +€41 | +8.2% |
| Profit (loss) for the period | 9904 | €64,784 | -€48,302 | -€113,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,784 | -€48,302 | -€113,086 |
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 9 October 2026 via checked.be.