Lily RED: 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 RED
Largest movements
- Cash +€17,092
up €17,092 (+78.7%), from €21,717 to €38,809
mainly Net result for the year (+€36,182) and Deferred charges and accrued income (+€3,358)
- Receivables within one year +€11,375
up €11,375 (+96.9%), from €11,741 to €23,116
of which Trade receivables: +€11,280
- Financial fixed assets -€6,301
down €6,301 (-5.1%), from €122,466 to €116,164
- Deferred charges and accrued income -€3,358
down €3,358 (-67.2%), from €5,000 to €1,642
- Tangible fixed assets +€2,175
up €2,175 (+74.9%), from €2,902 to €5,076
of which Furniture and vehicles: +€2,765
- Reserves +€36,182
up €36,182 (+74.8%), from €48,387 to €84,569
- Debts after one year -€14,279
down €14,279 (-26.4%), from €54,168 to €39,889
- Other debts -€2,820
down €2,820 (-12.2%), from €23,149 to €20,329
- Financial income +€9,638
up €9,638 (+2,677,122%), from €0 to €9,638
of which Financial income: +€9,638
- Financial charges -€5,417
down €5,417 (-67.1%), from €8,067 to €2,650
of which Non-recurring financial charges: -€5,000
- Gross operating margin -€5,263
down €5,263 (-10.3%), from €51,023 to €45,760
- Taxes +€977
up €977 (+7.2%), from €13,592 to €14,570
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 | €168,753 | €189,278 | +€20,524 | +12.2% |
| Fixed assets | 21/28 | €125,367 | €121,241 | -€4,127 | -3.3% |
| Tangible fixed assets | 22/27 | €2,902 | €5,076 | +€2,175 | +74.9% |
| Plant, machinery and equipment | 23 | €1,359 | €769 | -€590 | -43.4% |
| Furniture and vehicles | 24 | €1,543 | €4,307 | +€2,765 | +179% |
| Financial fixed assets | 28 | €122,466 | €116,164 | -€6,301 | -5.1% |
| Current assets | 29/58 | €43,386 | €68,037 | +€24,651 | +56.8% |
| Stocks and contracts in progress | 3 | €4,928 | €4,469 | -€458 | -9.3% |
| Stocks | 30/36 | €4,928 | €4,469 | -€458 | -9.3% |
| Amounts receivable within one year | 40/41 | €11,741 | €23,116 | +€11,375 | +96.9% |
| Trade receivables | 40 | €11,741 | €23,021 | +€11,280 | +96.1% |
| Other amounts receivable | 41 | €0 | €96 | +€96 | |
| Cash at bank and in hand | 54/58 | €21,717 | €38,809 | +€17,092 | +78.7% |
| Deferred charges and accrued income | 490/1 | €5,000 | €1,642 | -€3,358 | -67.2% |
| Total equity and liabilities | 10/49 | €168,753 | €189,278 | +€20,524 | +12.2% |
| Equity | 10/15 | €62,205 | €98,387 | +€36,182 | +58.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €48,387 | €84,569 | +€36,182 | +74.8% |
| Distributable reserves | 133 | €48,387 | €84,569 | +€36,182 | +74.8% |
| Profit (loss) carried forward | 14 | €13,718 | €13,718 | = | 0.0% |
| Amounts payable | 17/49 | €106,549 | €90,891 | -€15,658 | -14.7% |
| Amounts payable after more than one year | 17 | €54,168 | €39,889 | -€14,279 | -26.4% |
| Financial debts | 170/4 | €54,168 | €39,889 | -€14,279 | -26.4% |
| Amounts payable within one year | 42/48 | €52,380 | €51,002 | -€1,379 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €13,971 | €14,279 | +€308 | +2.2% |
| Trade debts | 44 | €4,507 | €5,807 | +€1,299 | +28.8% |
| Suppliers | 440/4 | €4,507 | €5,807 | +€1,299 | +28.8% |
| Taxes, remuneration and social security | 45 | €10,753 | €10,587 | -€166 | -1.5% |
| Taxes | 450/3 | €10,753 | €10,587 | -€166 | -1.5% |
| Other amounts payable | 47/48 | €23,149 | €20,329 | -€2,820 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,507 | €1,700 | +€194 | +12.9% |
| Other operating charges | 640/8 | €231 | €296 | +€65 | +28.1% |
| Gross operating margin | 9900 | €51,023 | €45,760 | -€5,263 | -10.3% |
| Operating profit (loss) | 9901 | €49,285 | €43,764 | -€5,521 | -11.2% |
| Financial income | 75/76B | €0 | €9,638 | +€9,638 | +2,677,122% |
| Recurring financial income | 75 | €0 | €9,638 | +€9,638 | +2,677,122% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €8,067 | €2,650 | -€5,417 | -67.1% |
| Recurring financial charges | 65 | €3,067 | €2,650 | -€417 | -13.6% |
| Non-recurring financial charges | 66B | €5,000 | €0 | -€5,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | €41,219 | €50,752 | +€9,533 | +23.1% |
| Income taxes | 67/77 | €13,592 | €14,570 | +€977 | +7.2% |
| Profit (loss) for the period | 9904 | €27,627 | €36,182 | +€8,556 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,627 | €36,182 | +€8,556 | +31.0% |
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 20 October 2026 via checked.be.