LIVECO
ActiveSummary
The annual accounts of LIVECO for fiscal year 2025 show a net loss of 95% of the equity at the start of that year. The 2025 annual accounts show equity of €4,849 and a net result of -€97,090. Equity is shrinking by ~28.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 11% of 31896 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency27▼-32
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01 against 1.49 in 2024; short-term debt: 97.5% and cash: 39.5% of total assets), and 97.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
2.5%
Return on assets
-49.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
on the day
2022
7 d early
2021
33 d early
2020
9 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€4,849▼ 95.2%
2024 · €101,939
Total assets
€196,075▼ 34.6%
2024 · €299,868
Net result
-€97,090
2024 · €106,650
Working capital
€1,369▼ 98.6%
2024 · €97,967
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€17,009-€42,032▼ 147%-€156,920▼ 273%-€8,591▲ 94.5%€4,074
Net result-€52,639below the sector's middle half-€42,989below the sector's middle half▲ 18.3%-€155,467below the sector's middle half▼ 262%€106,650above the sector's middle half-€97,090below the sector's middle half
Equity€193,744within the sector's middle half▼ 21.4%€150,756within the sector's middle half▼ 22.2%-€4,711below the sector's middle half€101,939within the sector's middle half€4,849below the sector's middle half▼ 95.2%
Total assets€217,160within the sector's middle half▼ 23.0%€341,236within the sector's middle half▲ 57.1%€188,431within the sector's middle half▼ 44.8%€299,868within the sector's middle half▲ 59.1%€196,075within the sector's middle half▼ 34.6%
Debt€23,415▼ 34.6%€190,480▲ 713%€193,143▲ 1.4%€197,929▲ 2.5%€191,226▼ 3.4%
Working capital€185,661▼ 20.6%€144,746▼ 22.0%-€10,187€97,967€1,369▼ 98.6%
Solvency89.2%above the sector's middle half▲ 1.9pp44.2%within the sector's middle half▼ 45.0pp-2.5%below the sector's middle half▼ 46.7pp34.0%within the sector's middle half▲ 36.5pp2.5%below the sector's middle half▼ 31.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4,074 after a loss of €8,591 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196,075
Fixed assets
€3,480 ▼ 12.4%
Current assets
€192,595 ▼ 34.9%
Equity and liabilities €196,075
Equity
€4,849 ▼ 95.2%
Debt
€191,226 ▼ 3.4%
Debt's share of the balance-sheet total rises from 66.0% to 97.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,657▲
2024 · -€7,226
Cash flow
-€95,507▼
2024 · €108,015
Current ratio
1.01▼
2024 · 1.49
Debt to equity
39.44▲
2024 · 1.94
ROA
-49.5%▼
2024 · 35.6%
Interest coverage
0.06▲
2024 · -3.79
Debt ≤ 1 year
€191,226▼
2024 · €197,929
A ratio outside any meaningful range has been withheld (balance sheet total €196,075, equity €4,849).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 541 companies that looked in July 2024 the way this one looks now, 4.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
4.4%
went bankrupt
8.5%
stopped otherwise
86%
still going
A further 1.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 541 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11,300 | €4,599 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,730 | €6,131 | €2,488 | €1,365 | €1,583 | ▲ 16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €135,927 | - | - | - |
| Other operating charges640/8 | - | €1,844 | €336 | €865 | €15 | ▼ 98.3% |
| Gross operating margin9900 | -€13,486 | -€34,058 | -€18,169 | -€6,361 | €5,672 | ▲ 189% |
| Operating profit (loss)9901 | -€17,009 | -€42,032 | -€156,920 | -€8,591 | €4,074 | ▲ 147% |
| Financial income75/76B | - | - | €1,954 | €117,149 | - | - |
| Recurring financial income75 | - | - | €0 | €117,149 | - | - |
| Non-recurring financial income76B | - | - | €1,954 | - | - | - |
| Financial charges65/66B | - | €542 | €501 | €1,907 | €101,164 | ▲ 5,205% |
| Recurring financial charges65 | €35,166 | €542 | €501 | €1,907 | €101,164 | ▲ 5,205% |
| Profit (loss) for the period before taxes9903 | -€52,175 | -€42,573 | -€155,467 | €106,650 | -€97,090 | ▼ 191% |
| Income taxes67/77 | €464 | €415 | - | - | - | - |
| Profit (loss) for the period9904 | -€52,639 | -€42,989 | -€155,467 | €106,650 | -€97,090 | ▼ 191% |
| Profit (loss) for the period to be appropriated9905 | -€52,639 | -€42,989 | -€155,467 | €106,650 | -€97,090 | ▼ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €217,160 | €341,236 | €188,431 | €299,868 | €196,075 | ▼ 34.6% |
| Fixed assets21/28 | €8,825 | €6,010 | €5,476 | €3,972 | €3,480 | ▼ 12.4% |
| Tangible fixed assets22/27 | €8,825 | €6,010 | €5,476 | €3,972 | €3,480 | ▼ 12.4% |
| Plant, machinery and equipment23 | - | €3,056 | €2,725 | €2,393 | €2,061 | ▼ 13.9% |
| Furniture and vehicles24 | - | €2,954 | €2,751 | €1,579 | €1,418 | ▼ 10.2% |
| Current assets29/58 | €208,335 | €335,226 | €182,956 | €295,896 | €192,595 | ▼ 34.9% |
| Amounts receivable within one year40/41 | €5,342 | €15,288 | €91,569 | €209,745 | €114,390 | ▼ 45.5% |
| Trade receivables40 | - | €15,034 | - | €2,840 | €8,147 | ▲ 187% |
| Other amounts receivable41 | - | €254 | €91,569 | €206,905 | €106,243 | ▼ 48.7% |
| Current investments50/53 | - | €226,831 | - | - | - | - |
| Cash at bank and in hand54/58 | €201,534 | €92,759 | €91,386 | €85,418 | €77,541 | ▼ 9.2% |
| Deferred charges and accrued income490/1 | - | €348 | - | €733 | €664 | ▼ 9.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €217,160 | €341,236 | €188,431 | €299,868 | €196,075 | ▼ 34.6% |
| Equity10/15 | €193,744 | €150,756 | -€4,711 | €101,939 | €4,849 | ▼ 95.2% |
| Contributions10/11 | - | €55,500 | €55,500 | €55,500 | €55,500 | = |
| Reserves13 | €190,884 | €190,884 | €190,884 | €190,884 | €190,884 | = |
| Non-distributable reserves130/1 | - | €5,550 | €5,550 | €5,550 | €5,550 | = |
| Reserves not available under the articles1311 | - | €5,550 | €5,550 | €5,550 | €5,550 | = |
| Tax-exempt reserves132 | - | €716 | €716 | €716 | €716 | = |
| Distributable reserves133 | - | €184,618 | €184,618 | €184,618 | €184,618 | = |
| Profit (loss) carried forward14 | -€52,639 | -€95,628 | -€251,095 | -€144,445 | -€241,535 | ▼ 67.2% |
| Amounts payable17/49 | €23,415 | €190,480 | €193,143 | €197,929 | €191,226 | ▼ 3.4% |
| Amounts payable within one year42/48 | €22,674 | €190,480 | €193,143 | €197,929 | €191,226 | ▼ 3.4% |
| Financial debts43 | - | €15 | €10 | - | - | - |
| Credit institutions430/8 | - | €15 | €10 | - | - | - |
| Trade debts44 | €1,512 | €2,313 | €8,211 | €1,593 | €252 | ▼ 84.2% |
| Suppliers440/4 | - | €2,313 | €8,211 | €1,593 | €252 | ▼ 84.2% |
| Taxes, remuneration and social security45 | - | €1,560 | - | €730 | €3,354 | ▲ 360% |
| Taxes450/3 | - | €1,560 | - | €730 | €3,354 | ▲ 360% |
| Other amounts payable47/48 | - | €186,592 | €184,922 | €195,606 | €187,620 | ▼ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€52,639 | -€42,989 | -€155,467 | €106,650 | -€97,090 | ▼ 191% |
| + Depreciation and write-downs630 | €5,730 | €6,131 | €2,488 | €1,365 | €1,583 | ▲ 16.0% |
| Operating cash flow (approximation) | -€46,910 | -€36,858 | -€152,979 | €108,015 | -€95,507 | ▼ 188% |
| Investment in fixed assets (approximation) | - | -€3,316 | -€1,954 | €139 | -€1,091 | ▼ 883% |
| Change in cash | - | -€108,776 | -€1,372 | -€5,968 | -€7,877 | ▼ 32.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €106,650
Net result €106,650 after 3 loss-making years.
30-06
Financial
Equity above €100,000Eq €101,939
Equity rises from -€4,711 to €101,939.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet -€155,467
Net result drops to -€155,467, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 2001
Ground area
722 m²
Parcel 12032C0115/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
LIVECO
since 20012.103.197.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12032C0115/00K000 | Flanders | 722 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549005PRT9Q3RD79J28
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 15,294 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
Founded01-10-2001
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
82100Office administrative and support services
Contact
E-mail
l.genijn@liveco.be
Phone
0473837162
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475739765
Also
9925:BE0475739765
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.