LILY ROSE: 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 ROSE
Largest movements
- Tangible fixed assets -€48,961
down €48,961 (-5.0%), from €986,508 to €937,546
- Stocks and contracts -€39,745
down €39,745 (-27.1%), from €146,687 to €106,942
- Debts after one year -€49,149
down €49,149 (-6.1%), from €801,341 to €752,193
- Other debts +€36,081
up €36,081 (+1,804%), from €2,000 to €38,081
- Reserves -€32,700
down €32,700 (-24.1%), from €135,636 to €102,936
- Short-term financial debts -€26,461
down €26,461 (-49.6%), from €53,297 to €26,836
of which Other loans: -€26,000
- Tax, wage and social debts -€22,560
down €22,560 (-30.3%), from €74,450 to €51,890
of which Taxes: -€30,899
- Gross operating margin +€74,767
up €74,767 (+36.9%), from €202,644 to €277,411
- Staff costs +€50,819
up €50,819 (+41.3%), from €122,998 to €173,817
- Financial charges +€14,693
up €14,693 (+65.5%), from €22,441 to €37,134
- Other operating charges +€6,639
up €6,639 (+96.8%), from €6,859 to €13,498
- Depreciation +€5,540
up €5,540 (+12.8%), from €43,422 to €48,961
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 | €1,219,379 | €1,123,674 | -€95,705 | -7.8% |
| Fixed assets | 21/28 | €991,108 | €942,146 | -€48,961 | -4.9% |
| Tangible fixed assets | 22/27 | €986,508 | €937,546 | -€48,961 | -5.0% |
| Land and buildings | 22 | €820,342 | €796,930 | -€23,411 | -2.9% |
| Plant, machinery and equipment | 23 | €72,723 | €64,710 | -€8,013 | -11.0% |
| Furniture and vehicles | 24 | €93,443 | €75,906 | -€17,537 | -18.8% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €228,271 | €181,528 | -€46,744 | -20.5% |
| Stocks and contracts in progress | 3 | €146,687 | €106,942 | -€39,745 | -27.1% |
| Stocks | 30/36 | €146,687 | €106,942 | -€39,745 | -27.1% |
| Amounts receivable within one year | 40/41 | €12,152 | €2,622 | -€9,531 | -78.4% |
| Trade receivables | 40 | €6,834 | €830 | -€6,004 | -87.9% |
| Other amounts receivable | 41 | €5,318 | €1,791 | -€3,527 | -66.3% |
| Cash at bank and in hand | 54/58 | €62,113 | €55,933 | -€6,180 | -9.9% |
| Deferred charges and accrued income | 490/1 | €7,320 | €16,031 | +€8,712 | +119% |
| Total equity and liabilities | 10/49 | €1,219,379 | €1,123,674 | -€95,705 | -7.8% |
| Equity | 10/15 | €154,616 | €122,024 | -€32,592 | -21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,636 | €102,936 | -€32,700 | -24.1% |
| Distributable reserves | 133 | €135,636 | €102,936 | -€32,700 | -24.1% |
| Profit (loss) carried forward | 14 | €380 | €488 | +€108 | +28.4% |
| Amounts payable | 17/49 | €1,064,763 | €1,001,650 | -€63,113 | -5.9% |
| Amounts payable after more than one year | 17 | €801,341 | €752,193 | -€49,149 | -6.1% |
| Financial debts | 170/4 | €801,341 | €752,193 | -€49,149 | -6.1% |
| Amounts payable within one year | 42/48 | €263,422 | €249,458 | -€13,964 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €50,319 | €49,149 | -€1,170 | -2.3% |
| Financial debts | 43 | €53,297 | €26,836 | -€26,461 | -49.6% |
| Credit institutions | 430/8 | €461 | - | -€461 | |
| Other loans | 439 | €52,836 | €26,836 | -€26,000 | -49.2% |
| Trade debts | 44 | €77,704 | €83,503 | +€5,799 | +7.5% |
| Suppliers | 440/4 | €77,704 | €83,503 | +€5,799 | +7.5% |
| Advances received on contracts in progress | 46 | €5,653 | - | -€5,653 | |
| Taxes, remuneration and social security | 45 | €74,450 | €51,890 | -€22,560 | -30.3% |
| Taxes | 450/3 | €61,276 | €30,378 | -€30,899 | -50.4% |
| Remuneration and social security | 454/9 | €13,174 | €21,512 | +€8,338 | +63.3% |
| Other amounts payable | 47/48 | €2,000 | €38,081 | +€36,081 | +1,804% |
| Remuneration, social security and pensions | 62 | €122,998 | €173,817 | +€50,819 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,422 | €48,961 | +€5,540 | +12.8% |
| Other operating charges | 640/8 | €6,859 | €13,498 | +€6,639 | +96.8% |
| Gross operating margin | 9900 | €202,644 | €277,411 | +€74,767 | +36.9% |
| Operating profit (loss) | 9901 | €29,365 | €41,135 | +€11,770 | +40.1% |
| Financial income | 75/76B | €1 | €5 | +€3 | +226% |
| Recurring financial income | 75 | €1 | €5 | +€3 | +226% |
| Financial charges | 65/66B | €22,441 | €37,134 | +€14,693 | +65.5% |
| Recurring financial charges | 65 | €22,441 | €37,134 | +€14,693 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | €6,926 | €4,005 | -€2,920 | -42.2% |
| Income taxes | 67/77 | €620 | €1,597 | +€977 | +158% |
| Profit (loss) for the period | 9904 | €6,306 | €2,408 | -€3,898 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,306 | €2,408 | -€3,898 | -61.8% |
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 28 October 2026 via checked.be.