LIO RETAIL: 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.
LIO RETAIL
Largest movements
- Cash -€39,773
down €39,773 (-40.9%), from €97,357 to €57,584
mainly Net result for the year (-€195,031) and Tax, wage and social debts (-€12,347)
- Profit (loss) carried forward -€195,031
down €195,031 (-60.3%), from -€323,395 to -€518,426
- Trade debts +€167,781
up €167,781 (+37.6%), from €445,950 to €613,731
- Tax, wage and social debts -€12,347
down €12,347 (-25.8%), from €47,899 to €35,553
of which Taxes: -€13,221
- Gross operating margin -€53,468
down €53,468 (-118%), from -€45,406 to -€98,874
- Staff costs -€21,450
down €21,450 (-20.9%), from €102,688 to €81,238
- Other operating charges -€3,976
down €3,976 (-83.4%), from €4,766 to €790
- Financial charges +€1,506
up €1,506 (+35.0%), from €4,307 to €5,813
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 | €198,617 | €159,334 | -€39,283 | -19.8% |
| Fixed assets | 21/28 | €85,149 | €84,880 | -€269 | -0.3% |
| Tangible fixed assets | 22/27 | €66,924 | €66,655 | -€269 | -0.4% |
| Other tangible fixed assets | 26 | €66,924 | €66,655 | -€269 | -0.4% |
| Financial fixed assets | 28 | €18,225 | €18,225 | = | 0.0% |
| Current assets | 29/58 | €113,468 | €74,454 | -€39,015 | -34.4% |
| Amounts receivable within one year | 40/41 | €15,948 | €16,869 | +€922 | +5.8% |
| Trade receivables | 40 | €6,105 | €4,041 | -€2,064 | -33.8% |
| Other amounts receivable | 41 | €9,843 | €12,829 | +€2,986 | +30.3% |
| Cash at bank and in hand | 54/58 | €97,357 | €57,584 | -€39,773 | -40.9% |
| Deferred charges and accrued income | 490/1 | €164 | €1 | -€163 | -99.7% |
| Total equity and liabilities | 10/49 | €198,617 | €159,334 | -€39,283 | -19.8% |
| Equity | 10/15 | -€313,395 | -€508,426 | -€195,031 | -62.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€323,395 | -€518,426 | -€195,031 | -60.3% |
| Amounts payable | 17/49 | €512,012 | €667,760 | +€155,748 | +30.4% |
| Amounts payable within one year | 42/48 | €511,892 | €667,283 | +€155,391 | +30.4% |
| Trade debts | 44 | €445,950 | €613,731 | +€167,781 | +37.6% |
| Suppliers | 440/4 | €445,950 | €613,731 | +€167,781 | +37.6% |
| Taxes, remuneration and social security | 45 | €47,899 | €35,553 | -€12,347 | -25.8% |
| Taxes | 450/3 | €35,070 | €21,849 | -€13,221 | -37.7% |
| Remuneration and social security | 454/9 | €12,829 | €13,703 | +€874 | +6.8% |
| Other amounts payable | 47/48 | €18,043 | €18,000 | -€43 | -0.2% |
| Accrued charges and deferred income | 492/3 | €120 | €477 | +€357 | +297% |
| Remuneration, social security and pensions | 62 | €102,688 | €81,238 | -€21,450 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,410 | €8,981 | +€571 | +6.8% |
| Other operating charges | 640/8 | €4,766 | €790 | -€3,976 | -83.4% |
| Gross operating margin | 9900 | -€45,406 | -€98,874 | -€53,468 | -118% |
| Operating profit (loss) | 9901 | -€161,269 | -€189,882 | -€28,613 | -17.7% |
| Financial income | 75/76B | €82 | €664 | +€582 | +710% |
| Recurring financial income | 75 | €82 | €664 | +€582 | +710% |
| Financial charges | 65/66B | €4,307 | €5,813 | +€1,506 | +35.0% |
| Recurring financial charges | 65 | €4,307 | €5,813 | +€1,506 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€165,494 | -€195,031 | -€29,537 | -17.8% |
| Profit (loss) for the period | 9904 | -€165,494 | -€195,031 | -€29,537 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€165,494 | -€195,031 | -€29,537 | -17.8% |
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 24 October 2026 via checked.be.