LIVEO
ActiveSummary
LIVEO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €58k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+25
Solvency29▼-19
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.58 in 2024; short-term debt: 50.4% and cash: 13.4% of total assets), and 96.3% of the assets are financed with debt.
Credit check for your own amount and term
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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.7%
Return on assets
11.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2053 sector peers (2025).
NBB · sector comparisonPosition among 2053 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-02-2026, 156 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
156 d early
2024
126 d early
2023
125 d early
2022
124 d early
2021
164 d early
2020
122 d early
2019
113 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 83.4%
2024 · €112k
2018: €55k
2019: €100k▲ +80.8% vs 2018
2020: €142k▲ +41.7% vs 2019highest in 8 years
2021: €20k▼ -85.6% vs 2020
2022: €60k▲ +194% vs 2021
2023: €101k▲ +67.1% vs 2022
2024: €112k▲ +11.0% vs 2023
2025: €19k▼ -83.4% vs 2024lowest in 8 years
2018 → 2025
Total assets
€503k▲ 5.1%
2024 · €479k
2018: €110klowest in 8 years
2019: €140k▲ +27.2% vs 2018
2020: €298k▲ +112% vs 2019
2021: €367k▲ +23.4% vs 2020
2022: €209k▼ -43.2% vs 2021
2023: €211k▲ +1.1% vs 2022
2024: €479k▲ +127% vs 2023
2025: €503k▲ +5.1% vs 2024highest in 8 years
2018 → 2025
Net result
€58k▲ 419%
2024 · €11k
2018: €37k
2019: €45k▲ +23.2% vs 2018
2020: €43k▼ -6.2% vs 2019
2021: €45k▲ +5.5% vs 2020
2022: €40k▼ -11.4% vs 2021
2023: €40k▲ +1.7% vs 2022
2024: €11k▼ -72.5% vs 2023lowest in 8 years
2025: €58k▲ +419% vs 2024highest in 8 years
2018 → 2025
Working capital
€-162k▼ 221%
2024 · €-50k
2018: €45k
2019: €86k▲ +92.7% vs 2018highest in 8 years
2020: €70k▼ -18.9% vs 2019
2021: €-76k▼ -210% vs 2020
2022: €-64k▲ +15.4% vs 2021
2023: €-40k▲ +37.9% vs 2022
2024: €-50k▼ -25.7% vs 2023
2025: €-162k▼ -221% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€60k▲ 194%€101k▲ 67.1%€112k▲ 11.0%€19k▼ 83.4%
2021: €20k
2022: €60k▲ +194% vs 2021
2023: €101k▲ +67.1% vs 2022
2024: €112k▲ +11.0% vs 2023highest in 5 years
2025: €19k▼ -83.4% vs 2024lowest in 5 years
Operating result€59k-€52k▼ 12.4%€55k▲ 5.0%€29k▼ 47.3%€87k▲ 204%
2021: €59k
2022: €52k▼ -12.4% vs 2021
2023: €55k▲ +5.0% vs 2022
2024: €29k▼ -47.3% vs 2023lowest in 5 years
2025: €87k▲ +204% vs 2024highest in 5 years
Net result€45k-€40k▼ 11.4%€40k▲ 1.7%€11k▼ 72.5%€58k▲ 419%
2021: €45k
2022: €40k▼ -11.4% vs 2021
2023: €40k▲ +1.7% vs 2022
2024: €11k▼ -72.5% vs 2023lowest in 5 years
2025: €58k▲ +419% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 204% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €503k
Fixed assets
€411k ▲ 0.8%
Current assets
€92k ▲ 30.0%
Equity and liabilities €503k
Equity
€19k ▼ 83.4%
Debt
€485k ▲ 32.0%
Debt's share of the balance-sheet total rises from 76.7% to 96.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€107k▲
2024 · €62k
Cash flow
€78k▲
2024 · €45k
Current ratio
0.36▼
2024 · 0.58
Debt to equity
26.06▲
2024 · 3.28
ROE
310.5%▲
2024 · 9.9%
ROA
11.5%▲
2024 · 2.3%
Interest coverage
7.33▲
2024 · 4.35
Debt ≤ 1 year
€254k▲
2024 · €121k
Debt > 1 year
€231k▼
2024 · €246k
Income taxes
€15k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€479k€503k▲
Fixed assets21/28€408k€411k▲
Tangible fixed assets22/27€408k€411k▲
Land and buildings22€403k€407k▲
Furniture and vehicles24€6k€5k▼
Current assets29/58€71k€92k▲
Amounts receivable within one year40/41€20k€24k▲
Trade receivables40€13k€22k▲
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€51k€67k▲
Deferred charges and accrued income490/1€55€75▲
Equity and liabilities
Total equity and liabilities10/49€479k€503k▲
Equity10/15€112k€19k▼
Contributions10/11€19k€19k=
Reserves13€2k-
Distributable reserves133€2k-
Profit (loss) carried forward14€91k-
Amounts payable17/49€367k€485k▲
Amounts payable after more than one year17€246k€231k▼
Financial debts170/4€246k€231k▼
Amounts payable within one year42/48€121k€254k▲
Current portion of amounts payable after more than one year42€34k€15k▼
Trade debts44€8€2k▲
Suppliers440/4€8€2k▲
Taxes, remuneration and social security45€11k€32k▲
Taxes450/3€11k€32k▲
Other amounts payable47/48€76k€204k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€20k▼
Other operating charges640/8€38k€539▼
Gross operating margin9900€101k€108k▲
Operating profit (loss)9901€29k€87k▲
Financial charges65/66B€14k€15k▲
Recurring financial charges65€14k€15k▲
Profit (loss) for the period before taxes9903€14k€73k▲
Income taxes67/77€3k€15k▲
Profit (loss) for the period9904€11k€58k▲
Profit (loss) for the period to be appropriated9905€11k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€149k▲
Profit (loss) brought forward from the previous period14P€80k€91k▲
Transfer from equity791/2-€2k
Profit to be distributed694/7-€151k
Return on contributions (dividend)694-€151k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €25k | €25k | €34k | €20k | ▼ 40.6% |
| Other operating charges640/8 | - | €3k | €384 | €38k | €539 | ▼ 98.6% |
| Gross operating margin9900 | €85k | €80k | €80k | €101k | €108k | ▲ 7.1% |
| Operating profit (loss)9901 | €59k | €52k | €55k | €29k | €87k | ▲ 204% |
| Financial charges65/66B | - | €2k | €4k | €14k | €15k | ▲ 2.3% |
| Recurring financial charges65 | €2k | €2k | €4k | €14k | €15k | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | €57k | €50k | €51k | €14k | €73k | ▲ 405% |
| Income taxes67/77 | €13k | €11k | €11k | €3k | €15k | ▲ 356% |
| Profit (loss) for the period9904 | €45k | €40k | €40k | €11k | €58k | ▲ 419% |
| Profit (loss) for the period to be appropriated9905 | €45k | €40k | €40k | €11k | €58k | ▲ 419% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €367k | €209k | €211k | €479k | €503k | ▲ 5.1% |
| Fixed assets21/28 | €198k | €185k | €160k | €408k | €411k | ▲ 0.8% |
| Tangible fixed assets22/27 | €198k | €185k | €160k | €408k | €411k | ▲ 0.8% |
| Land and buildings22 | - | €141k | €135k | €403k | €407k | ▲ 1.0% |
| Furniture and vehicles24 | - | €45k | €25k | €6k | €5k | ▼ 16.6% |
| Current assets29/58 | €169k | €23k | €51k | €71k | €92k | ▲ 30.0% |
| Amounts receivable within one year40/41 | €54k | €17k | €14k | €20k | €24k | ▲ 22.7% |
| Trade receivables40 | - | €15k | €14k | €13k | €22k | ▲ 70.3% |
| Other amounts receivable41 | - | €2k | - | €7k | €2k | ▼ 70.7% |
| Cash at bank and in hand54/58 | €115k | €6k | €37k | €51k | €67k | ▲ 32.9% |
| Deferred charges and accrued income490/1 | - | - | €51 | €55 | €75 | ▲ 36.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €367k | €209k | €211k | €479k | €503k | ▲ 5.1% |
| Equity10/15 | €20k | €60k | €101k | €112k | €19k | ▼ 83.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | - | - |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €80k | €40k | €80k | €91k | - | - |
| Amounts payable17/49 | €347k | €148k | €110k | €367k | €485k | ▲ 32.0% |
| Amounts payable after more than one year17 | €102k | €61k | €19k | €246k | €231k | ▼ 6.1% |
| Financial debts170/4 | - | €61k | €19k | €246k | €231k | ▼ 6.1% |
| Amounts payable within one year42/48 | €245k | €88k | €91k | €121k | €254k | ▲ 110% |
| Current portion of amounts payable after more than one year42 | - | €41k | €41k | €34k | €15k | ▼ 55.7% |
| Trade debts44 | €18k | €554 | €234 | €8 | €2k | ▲ 30,429% |
| Suppliers440/4 | - | €554 | €234 | €8 | €2k | ▲ 30,429% |
| Taxes, remuneration and social security45 | - | €2k | €11k | €11k | €32k | ▲ 187% |
| Taxes450/3 | - | €2k | €11k | €11k | €32k | ▲ 187% |
| Other amounts payable47/48 | - | €44k | €39k | €76k | €204k | ▲ 169% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €40k | €40k | €11k | €58k | ▲ 419% |
| + Depreciation and write-downs630 | €25k | €25k | €25k | €34k | €20k | ▼ 40.6% |
| Operating cash flow (approximation) | €70k | €65k | €66k | €45k | €78k | ▲ 73.8% |
| Investment in fixed assets (approximation) | - | €-12k | €0 | €-282k | €-23k | ▲ 91.8% |
| Change in cash | - | €-109k | €30k | €14k | €17k | ▲ 18.3% |
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
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €58k ▲419%
Operating result €87k, net result €58k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11k ▼72.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲67.1%
6 profitable years in a row build equity to €101k.
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €100k ▲80.8%
2 profitable years in a row build equity to €100k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Verlaine · 1 establishment unit since 2018
Ground area
1,171 m²
Building footprint
153 m²
Volume, LiDAR
1,015 m³
Parcel 61063A0531/00M000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIVEO
since 20182.272.055.843
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61063A0531/00M000 | Wallonia | 1,171 m² | 1 · 153 m² | 8.3 m · 2 fl. |
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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Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 906 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
Founded09-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70200Business and other management consultancy
73110Advertising agencies
77330Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.