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LiVE

Active
Private limited companyfounded 200719 yrs activeBiertasètsche 5, 4960 Malmedy, BelgiumKBO/BCE: BE 0890.130.990
Summary

LiVE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-2
Solvency64▼-36
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 4.52 in 2024; short-term debt: 60.9% and cash: 17.6% of total assets), but 60.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
39.1%
Return on assets
-35%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-22k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
21 d late
2024
156 d early
2023
54 d early
2022
36 d early
2021
52 d early
2020
51 d early
2019
59 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LiVE was incorporated on 18 June 2007.1 In 2026 the company took the name LiVE.2 Total assets fell from EUR 223,972 in 2018 to EUR 63,949 in 2025 and headcount from 1.5 to 0.4 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 07-08-2026
  3. 3National Bank, annual accounts 2018 and 2025

Financials · fiscal year 2025, abbreviated schema

Equity
€25k▼ 77.3%
2024 · €110k
Total assets
€64k▼ 55.4%
2024 · €143k
Net result
€-22k▼ 20.1%
2024 · €-19k
Working capital
€23k▼ 77.7%
2024 · €102k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€29k▼ 69.5%€-11k€-53k▼ 374%€-18k▲ 65.5%€-23k▼ 26.7%
Net result€21k▼ 68.5%€-12k€-55k▼ 360%€-19k▲ 65.8%€-22k▼ 20.1%
Equity€195k▲ 12.1%€183k▼ 6.1%€129k▼ 29.8%€110k▼ 14.5%€25k▼ 77.3%
Total assets€348k▲ 31.8%€250k▼ 28.0%€183k▼ 27.0%€143k▼ 21.6%€64k▼ 55.4%
Debt€153k▲ 69.7%€67k▼ 55.9%€54k▼ 19.4%€33k▼ 38.5%€39k▲ 16.7%
Working capital€178k▲ 9.2%€165k▼ 7.0%€116k▼ 30.0%€102k▼ 11.8%€23k▼ 77.7%
Staff (FTE)1.3▲ 8.3%2▲ 53.8%1.2▼ 40.0%0▼ 100%0.4
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-75k€-50k€-25k€0€25kOperating result 2021: €29k€29kNet result 2021: €21k€21kOperating result 2022: €-11k€-11kNet result 2022: €-12k€-12kOperating result 2023: €-53k€-53kNet result 2023: €-55k€-55kOperating result 2024: €-18k€-18kNet result 2024: €-19k€-19kOperating result 2025: €-23k€-23kNet result 2025: €-22k€-22k20212022202320242025€-60k€-40k€-20k€0Operating result 2023: €-53k€-53kNet result 2023: €-55k€-55kOperating result 2024: €-18k€-18kNet result 2024: €-19k€-19kOperating result 2025: €-23k€-23kNet result 2025: €-22k€-22k202320242025
The operating result stays negative: a loss of €23k in 2025 against €18k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets €2k ▼ 81.4%
Current assets €62k ▼ 53.0%
Equity and liabilities €64k
Equity €25k ▼ 77.3%
Debt €39k ▲ 16.7%
Debt's share of the balance-sheet total rises from 23.3% to 60.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-16k▼
2024 · €-7k
Cash flow
€-15k▼
2024 · €-7k
Current ratio
1.58▼
2024 · 4.52
Quick ratio
1.43▼
2024 · 4.14
Debt to equity
1.56▲
2024 · 0.30
ROE
-89.6%▼
2024 · -17.0%
ROA
-35.0%▼
2024 · -13.0%
Interest coverage
-64.47▼
2024 · -21.30
Debt ≤ 1 year
€39k▲
2024 · €29k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€0▼
2024 · €317
Staff costs
€6k▲
2024 · €605
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€143k€64k▼
Fixed assets21/28€12k€2k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€12k€2k▼
Land and buildings22€1k€0▼
Plant, machinery and equipment23€70€0▼
Furniture and vehicles24€11k€2k▼
Financial fixed assets28€50€0▼
Current assets29/58€131k€62k▼
Stocks and contracts in progress3€11k€6k▼
Stocks30/36€11k€6k▼
Amounts receivable within one year40/41€37k€44k▲
Trade receivables40€33k€39k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€81k€11k▼
Deferred charges and accrued income490/1€2k€630▼
Equity and liabilities
Total equity and liabilities10/49€143k€64k▼
Equity10/15€110k€25k▼
Contributions10/11€6k€6k=
Reserves13€161k€99k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€159k€99k▼
Profit (loss) carried forward14€-57k€-80k▼
Amounts payable17/49€33k€39k▲
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€29k€39k▲
Current portion of amounts payable after more than one year42€7k€3k▼
Trade debts44€18k€32k▲
Suppliers440/4€18k€32k▲
Taxes, remuneration and social security45€4k€363▼
Taxes450/3€4k€363▼
Remuneration and social security454/9€0-
Other amounts payable47/48€146€3k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement Code20242025
Remuneration, social security and pensions62€605€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€8k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-5k€-8k▼
Operating profit (loss)9901€-18k€-23k▼
Financial income75/76B€466€1k▲
Recurring financial income75€466€1k▲
Financial charges65/66B€329€241▼
Recurring financial charges65€329€241▼
Profit (loss) for the period before taxes9903€-18k€-22k▼
Income taxes67/77€317€0▼
Profit (loss) for the period9904€-19k€-22k▼
Profit (loss) for the period to be appropriated9905€-19k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-80k▼
Profit (loss) brought forward from the previous period14P€-39k€-57k▼
Transfer from equity791/2-€63k
Profit to be distributed694/7-€63k
Return on contributions (dividend)694-€63k
Social balance
Average headcount (FTE)9087-0.4

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€71k€94k€42k€605€6k▲ 910%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k€13k€11k€8k▼ 31.4%
Other operating charges640/8€1k€2k€2k€1k€2k▲ 31.3%
Non-recurring operating charges66A--€159---
Gross operating margin9900€117k€98k€3k€-5k€-8k▼ 51.5%
Operating profit (loss)9901€29k€-11k€-53k€-18k€-23k▼ 26.7%
Financial income75/76B€2k€2k€613€466€1k▲ 166%
Recurring financial income75€2k€2k€613€466€1k▲ 166%
Financial charges65/66B€2k€2k€1k€329€241▼ 26.8%
Recurring financial charges65€2k€2k€1k€329€241▼ 26.8%
Profit (loss) for the period before taxes9903€29k€-11k€-54k€-18k€-22k▼ 22.2%
Income taxes67/77€8k€390€424€317€0▼ 100%
Profit (loss) for the period9904€21k€-12k€-55k€-19k€-22k▼ 20.1%
Profit (loss) for the period to be appropriated9905€21k€-12k€-55k€-19k€-22k▼ 20.1%
Line20212022202320242025Change
Assets
Total assets20/58€348k€250k€183k€143k€64k▼ 55.4%
Fixed assets21/28€43k€36k€23k€12k€2k▼ 81.4%
Intangible fixed assets21€0€0€0€0--
Tangible fixed assets22/27€42k€36k€23k€12k€2k▼ 81.4%
Land and buildings22€5k€4k€2k€1k€0▼ 100%
Plant, machinery and equipment23€2k€982€225€70€0▼ 100%
Furniture and vehicles24€35k€32k€21k€11k€2k▼ 79.2%
Financial fixed assets28€1k€50€50€50€0▼ 100%
Current assets29/58€305k€214k€159k€131k€62k▼ 53.0%
Stocks and contracts in progress3€75k€73k€25k€11k€6k▼ 45.4%
Stocks30/36€75k€73k€25k€11k€6k▼ 45.4%
Amounts receivable within one year40/41€78k€56k€35k€37k€44k▲ 18.4%
Trade receivables40€62k€39k€31k€33k€39k▲ 18.4%
Other amounts receivable41€16k€17k€4k€4k€5k▲ 17.9%
Cash at bank and in hand54/58€145k€78k€95k€81k€11k▼ 86.1%
Deferred charges and accrued income490/1€7k€7k€4k€2k€630▼ 70.5%
Equity and liabilities
Total equity and liabilities10/49€348k€250k€183k€143k€64k▼ 55.4%
Equity10/15€195k€183k€129k€110k€25k▼ 77.3%
Contributions10/11€6k€6k€6k€6k€6k=
Reserves13€161k€161k€161k€161k€99k▼ 38.8%
Non-distributable reserves130/1€2k€2k€2k€2k€0▼ 100%
Reserves not available under the articles1311€2k€2k€2k€2k€0▼ 100%
Distributable reserves133€159k€159k€159k€159k€99k▼ 38.1%
Profit (loss) carried forward14€28k€16k€-39k€-57k€-80k▼ 39.0%
Amounts payable17/49€153k€67k€54k€33k€39k▲ 16.7%
Amounts payable after more than one year17€25k€18k€10k€3k€0▼ 100%
Financial debts170/4€25k€18k€10k€3k€0▼ 100%
Amounts payable within one year42/48€127k€49k€43k€29k€39k▲ 34.2%
Current portion of amounts payable after more than one year42€7k€7k€7k€7k€3k▼ 58.0%
Financial debts43€25k-----
Credit institutions430/8€25k-----
Trade debts44€52k€16k€14k€18k€32k▲ 84.3%
Suppliers440/4€52k€16k€14k€18k€32k▲ 84.3%
Taxes, remuneration and social security45€36k€15k€14k€4k€363▼ 90.9%
Taxes450/3€24k€8k€9k€4k€363▼ 90.9%
Remuneration and social security454/9€12k€7k€5k€0--
Other amounts payable47/48€7k€11k€7k€146€3k▲ 2,021%
Accrued charges and deferred income492/3€947€969€464€1k€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€21k€-12k€-55k€-19k€-22k▼ 20.1%
+ Depreciation and write-downs630€15k€14k€13k€11k€8k▼ 31.4%
Operating cash flow (approximation)€36k€2k€-42k€-7k€-15k▼ 102%
Investment in fixed assets (approximation)-€-7k€159€0€2k-
Change in cash-€-66k€17k€-14k€-70k▼ 399%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
07-08
State Gazette act Purpose · Resignations & appointments
Name change · Purpose change · Statutes amendment4 facts ▸
  • General meeting, 30 juillet 2026
  • Name change, LiVE
  • Purpose change, La construction de piscines ainsi que l'aménagement des abords ; La réalisation du raccordement et de l'étanchéité de tous les accessoires propres au bassin ; L…
  • Statutes amendment
2025
25-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €67k ▲424%
Operating result €95k, net result €67k, both a record.
31-12
Financial Equity above €150kEq €174k ▲62.5%
3 profitable years in a row build equity to €174k.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €107k ▲13.6%
2 profitable years in a row build equity to €107k.
Show earlier events
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
1,009 m²
Building footprint
260 m²
Volume, LiDAR
173 m³
2 parcels, Wallonia · tallest building 7.2 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
veldo
Avenue de la Libération, Forv. 14, 5380 FernelmontNACE 2030102
since 20072.163.622.810
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63049A0247/00F000 Wallonia 735 m² 1 · 102 m² 7.2 m
92047B0307/00R004 Wallonia 274 m² 1 · 158 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
La fabrication, le placement, le dépannage et la réparation de volets motorisés ou automatiques pour piscines ainsi que l’achat et la vente de produits, matériels et accessoires…
Full purpose

La fabrication, le placement, le dépannage et la réparation de volets motorisés ou automatiques pour piscines ainsi que l’achat et la vente de produits, matériels et accessoires pour piscines ; La construction de piscines ainsi que l'aménagement des abords ; La taille, le façonnage et finissage de pierres ornementales et de construction ; Le commerce de gros de peintures, vernis et matériaux de construction, y compris les appareils sanitaires. La réalisation du raccordement et de l'étanchéité de tous les accessoires propres au bassin ; La mise en place et le raccordement de filtration biologique, la soudure du liner ; La vente de spa biologique de nage ; La production et la commercialisation d'accessoires sportifs ; L’exécution de toutes missions de contrôle, de certification et d'inspection relatives à la sécurité et à l'énergie de bâtiments. La société réalise son objet social dans le cadre légal, réglementaire, normatif ou volontaire en vigueur. Les missions concernent les biens immobiliers et tous leurs accessoires, notamment les appareils, les compteurs et installations techniques fixes ou mobiles. Elle peut accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet. Elle peut s'intéresser par toutes voies dans toutes sociétés, associations ou entreprises ayant un objet similaire ou connexe au sien ou susceptible de favoriser le développement de ses activités. La société peut être administrateur, gérant ou liquidateur.

Similar companies · same sector, comparable size

Of 629 companies in sector 22240 we hold annual accounts for 360. 199 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-06-2007
Fiscal year end31-12
Legal name FR VELDO
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
43320Joinery installation
Contact
E-mail philippe.veldo@hotmail.comFernelmont
Phone 081/834188Fernelmont
Fax 081/834800Fernelmont

Scores and ratios are computed by Checked and are not a credit decision.