LIVEN
ActiveSummary
LIVEN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€69,492) and a net result of -€14,166. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability2▼-55
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.36 in 2023; short-term debt: 164.9% and cash: 2.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 →
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 2024Solvency, return and age of the figures
Solvency
-64.9%
Return on assets
-13.2%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€69,492
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-06-2025, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d early
2023
20 d early
2022
22 d late
2021
44 d early
2020
13 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€69,492▼ 25.6%
2023 · -€55,326
Total assets
€107,073▼ 3.3%
2023 · €110,760
Net result
-€14,166
2023 · €13,480
Working capital
-€121,173▼ 13.8%
2023 · -€106,487
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
Line20202021202220232024
Operating result€30,806▲ 153%-€7,033€1,507€20,724▲ 1,275%-€7,889
Net result€27,956within the sector's middle half▲ 210%-€8,976below the sector's middle half-€129below the sector's middle half▲ 98.6%€13,480within the sector's middle half-€14,166below the sector's middle half
Equity-€59,701below the sector's middle half▲ 31.9%-€68,677below the sector's middle half▼ 15.0%-€68,806below the sector's middle half▼ 0.2%-€55,326below the sector's middle half▲ 19.6%-€69,492below the sector's middle half▼ 25.6%
Total assets€193,411within the sector's middle half▲ 13.7%€183,198within the sector's middle half▼ 5.3%€186,404within the sector's middle half▲ 1.8%€110,760within the sector's middle half▼ 40.6%€107,073within the sector's middle half▼ 3.3%
Debt€253,111▼ 1.8%€251,874▼ 0.5%€255,210▲ 1.3%€166,085▼ 34.9%€176,565▲ 6.3%
Working capital-€104,458▲ 36.7%-€110,964▼ 6.2%-€103,116▲ 7.1%-€106,487▼ 3.3%-€121,173▼ 13.8%
Solvency-30.9%below the sector's middle half▲ 20.7pp-37.5%below the sector's middle half▼ 6.6pp-36.9%below the sector's middle half▲ 0.6pp-50.0%below the sector's middle half▼ 13.0pp-64.9%below the sector's middle half▼ 15.0pp
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 turns negative in 2024: a loss of €7,889 after €20,724 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107,073
Fixed assets
€51,680 ▲ 1.0%
Current assets
€55,392 ▼ 7.1%
Key figures and ratios
EBITDA
-€5,356▼
2023 · €23,346
Cash flow
-€11,633▼
2023 · €16,103
Current ratio
0.31▼
2023 · 0.36
Debt to equity
-2.54▲
2023 · -3.00
ROA
-13.2%▼
2023 · 12.2%
Interest coverage
-0.73▼
2023 · 2.71
Debt ≤ 1 year
€176,565▲
2023 · €166,085
Income taxes
€327▲
2023 · €125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,058 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% | 1.6% |
| 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 74% 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 6,640 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,491 | €7,512 | €7,591 | €2,623 | €2,533 | ▼ 3.4% |
| Other operating charges640/8 | - | €348 | €3,240 | €905 | €3,640 | ▲ 302% |
| Gross operating margin9900 | €36,734 | €826 | €12,339 | €24,252 | -€1,716 | ▼ 107% |
| Operating profit (loss)9901 | €30,806 | -€7,033 | €1,507 | €20,724 | -€7,889 | ▼ 138% |
| Financial income75/76B | - | €646 | €1,964 | €1,492 | €1,372 | ▼ 8.0% |
| Recurring financial income75 | €276 | €646 | €1,964 | €1,492 | €1,372 | ▼ 8.0% |
| Financial charges65/66B | - | €2,472 | €3,481 | €8,610 | €7,323 | ▼ 14.9% |
| Recurring financial charges65 | €3,009 | €2,472 | €3,481 | €8,610 | €7,323 | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €28,072 | -€8,859 | -€10 | €13,605 | -€13,840 | ▼ 202% |
| Income taxes67/77 | €116 | €117 | €120 | €125 | €327 | ▲ 161% |
| Profit (loss) for the period9904 | €27,956 | -€8,976 | -€129 | €13,480 | -€14,166 | ▼ 205% |
| Profit (loss) for the period to be appropriated9905 | €27,956 | -€8,976 | -€129 | €13,480 | -€14,166 | ▼ 205% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193,411 | €183,198 | €186,404 | €110,760 | €107,073 | ▼ 3.3% |
| Fixed assets21/28 | €45,184 | €42,287 | €34,310 | €51,162 | €51,680 | ▲ 1.0% |
| Tangible fixed assets22/27 | €45,070 | €41,973 | €33,996 | €51,048 | €51,566 | ▲ 1.0% |
| Land and buildings22 | - | €30,100 | €28,975 | €27,849 | €29,739 | ▲ 6.8% |
| Plant, machinery and equipment23 | - | €542 | €706 | €392 | €215 | ▼ 45.2% |
| Furniture and vehicles24 | - | €11,331 | €4,315 | €22,806 | €21,613 | ▼ 5.2% |
| Financial fixed assets28 | €114 | €314 | €314 | €114 | €114 | = |
| Current assets29/58 | €148,227 | €140,911 | €152,094 | €59,598 | €55,392 | ▼ 7.1% |
| Amounts receivable after more than one year29 | - | - | €71,960 | €48,361 | €49,715 | ▲ 2.8% |
| Other amounts receivable291 | - | - | €71,960 | €48,361 | €49,715 | ▲ 2.8% |
| Amounts receivable within one year40/41 | €8,567 | €14,777 | €1,142 | €1,042 | €333 | ▼ 68.0% |
| Trade receivables40 | - | - | €1,142 | €585 | €333 | ▼ 43.1% |
| Other amounts receivable41 | - | €14,777 | - | €457 | - | - |
| Current investments50/53 | €112,284 | €112,284 | €67,284 | €4,000 | €47 | ▼ 98.8% |
| Cash at bank and in hand54/58 | €26,376 | €12,796 | €10,301 | €4,438 | €2,941 | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | €1,054 | €1,407 | €1,757 | €2,355 | ▲ 34.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193,411 | €183,198 | €186,404 | €110,760 | €107,073 | ▼ 3.3% |
| Equity10/15 | -€59,701 | -€68,677 | -€68,806 | -€55,326 | -€69,492 | ▼ 25.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €936 | €936 | €936 | €936 | €936 | = |
| Non-distributable reserves130/1 | - | €936 | €936 | €936 | €936 | = |
| Reserves not available under the articles1311 | - | €936 | €936 | €936 | €936 | = |
| Profit (loss) carried forward14 | -€79,237 | -€88,213 | -€88,342 | -€74,862 | -€89,028 | ▼ 18.9% |
| Amounts payable17/49 | €253,111 | €251,874 | €255,210 | €166,085 | €176,565 | ▲ 6.3% |
| Amounts payable within one year42/48 | €252,684 | €251,874 | €255,210 | €166,085 | €176,565 | ▲ 6.3% |
| Financial debts43 | - | €250,000 | €250,000 | €150,000 | €150,000 | = |
| Credit institutions430/8 | - | €250,000 | €250,000 | €150,000 | €150,000 | = |
| Trade debts44 | €424 | €193 | €474 | - | €10,717 | - |
| Suppliers440/4 | - | €193 | €474 | - | €10,717 | - |
| Taxes, remuneration and social security45 | - | €1,681 | €2,259 | €1,085 | €848 | ▼ 21.9% |
| Taxes450/3 | - | €1,681 | €2,259 | €1,085 | €848 | ▼ 21.9% |
| Other amounts payable47/48 | - | - | €2,478 | €15,000 | €15,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,956 | -€8,976 | -€129 | €13,480 | -€14,166 | ▼ 205% |
| + Depreciation and write-downs630 | €4,491 | €7,512 | €7,591 | €2,623 | €2,533 | ▼ 3.4% |
| Operating cash flow (approximation) | €32,448 | -€1,464 | €7,462 | €16,103 | -€11,633 | ▼ 172% |
| Investment in fixed assets (approximation) | - | -€4,615 | €386 | -€19,475 | -€3,052 | ▲ 84.3% |
| Change in cash | - | -€13,580 | -€2,495 | -€5,863 | -€1,497 | ▲ 74.5% |
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
2025
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€14,166
Net result drops to -€14,166, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €13,480
Net result €13,480 after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Braine-le-Comte · 1 establishment unit since 2002
Ground area
1,958 m²
Building footprint
574 m²
Parcel 55036A0087/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LIVEN
since 20022.114.420.054
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55036A0087/00E000 | Wallonia | 1,958 m² | 1 · 574 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,712 companies in sector 70100 we hold annual accounts for 3,504. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477460724
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.