What changed?
Two fiscal 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.
Lion Motors
Largest movements
- Stocks and contracts +€151,515
up €151,515 (+120.0%), from €126,290 to €277,805
- Receivables within one year +€62,676
up €62,676 (+74.0%), from €84,673 to €147,349
of which Other amounts receivable: +€32,179
- Other debts +€116,018
up €116,018 (+49.5%), from €234,527 to €350,545
- Profit (loss) carried forward +€46,281
no longer reported in 2025 (was -€46,281)
- Trade debts +€25,324
up €25,324 (+105.6%), from €23,975 to €49,298
- Reserves +€20,777
new in 2025: €20,777
- Gross operating margin +€118,866
up €118,866 (+575.8%), from €20,644 to €139,509
- Taxes +€8,634
up €8,634 (+4796.5%), from €180 to €8,814
- Staff costs -€7,126
down €7,126 (-11.7%), from €60,763 to €53,636
- Depreciation +€1,878
up €1,878 (+104.2%), from €1,803 to €3,681
- Other operating charges +€1,714
up €1,714 (+43.6%), from €3,932 to €5,646
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 | €249,249 | €459,790 | +€210,540 | +84.5% |
| Formation expenses | 20 | €880 | €734 | -€147 | -16.7% |
| Fixed assets | 21/28 | €28,981 | €27,497 | -€1,484 | -5.1% |
| Intangible fixed assets | 21 | €26,313 | €23,563 | -€2,750 | -10.5% |
| Tangible fixed assets | 22/27 | €2,668 | €3,934 | +€1,266 | +47.4% |
| Plant, machinery and equipment | 23 | - | €1,158 | +€1,158 | |
| Furniture and vehicles | 24 | €1,243 | €1,708 | +€464 | +37.4% |
| Other tangible fixed assets | 26 | €1,425 | €1,069 | -€356 | -25.0% |
| Current assets | 29/58 | €219,388 | €431,559 | +€212,171 | +96.7% |
| Stocks and contracts in progress | 3 | €126,290 | €277,805 | +€151,515 | +120.0% |
| Stocks | 30/36 | €126,290 | €277,805 | +€151,515 | +120.0% |
| Amounts receivable within one year | 40/41 | €84,673 | €147,349 | +€62,676 | +74.0% |
| Trade receivables | 40 | €78,700 | €109,197 | +€30,497 | +38.8% |
| Other amounts receivable | 41 | €5,973 | €38,152 | +€32,179 | +538.8% |
| Cash at bank and in hand | 54/58 | €8,425 | €6,406 | -€2,019 | -24.0% |
| Total equity and liabilities | 10/49 | €249,249 | €459,790 | +€210,540 | +84.5% |
| Equity | 10/15 | -€41,281 | €25,777 | +€67,057 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €20,777 | +€20,777 | |
| Distributable reserves | 133 | - | €20,777 | +€20,777 | |
| Profit (loss) carried forward | 14 | -€46,281 | - | +€46,281 | |
| Amounts payable | 17/49 | €290,530 | €434,013 | +€143,483 | +49.4% |
| Amounts payable within one year | 42/48 | €290,530 | €434,013 | +€143,483 | +49.4% |
| Trade debts | 44 | €23,975 | €49,298 | +€25,324 | +105.6% |
| Suppliers | 440/4 | €23,975 | €49,298 | +€25,324 | +105.6% |
| Taxes, remuneration and social security | 45 | €32,029 | €34,170 | +€2,141 | +6.7% |
| Taxes | 450/3 | €27,522 | €28,964 | +€1,441 | +5.2% |
| Remuneration and social security | 454/9 | €4,507 | €5,206 | +€700 | +15.5% |
| Other amounts payable | 47/48 | €234,527 | €350,545 | +€116,018 | +49.5% |
| Remuneration, social security and pensions | 62 | €60,763 | €53,636 | -€7,126 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,803 | €3,681 | +€1,878 | +104.2% |
| Other operating charges | 640/8 | €3,932 | €5,646 | +€1,714 | +43.6% |
| Gross operating margin | 9900 | €20,644 | €139,509 | +€118,866 | +575.8% |
| Operating profit (loss) | 9901 | -€45,853 | €76,546 | +€122,400 | |
| Financial income | 75/76B | €568 | €397 | -€171 | -30.0% |
| Recurring financial income | 75 | €568 | €397 | -€171 | -30.0% |
| Financial charges | 65/66B | €815 | €1,072 | +€257 | +31.5% |
| Recurring financial charges | 65 | €815 | €1,072 | +€257 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | -€46,101 | €75,871 | +€121,972 | |
| Income taxes | 67/77 | €180 | €8,814 | +€8,634 | +4796.5% |
| Profit (loss) for the period | 9904 | -€46,281 | €67,057 | +€113,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,281 | €67,057 | +€113,338 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 September 2026 via checked.be.