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LIVILA

Active
Private limited companyfounded 2024active for 2 yearsKempische Kaai 75, 3500 Hasselt, BelgiumKBO/BCE: BE 1013.826.776

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 02-07-2026 at the NBB

Turnover
≈ €3.2m
Estimated: probably between €2.5m and €7.3m
Total assets
€2.6m
Net result
€1.9m
Working capital
€231,092

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €2.6m
Fixed assets €138,600
Current assets €2.4m
Equity and liabilities €2.6m
Equity €369,692
Debt €2.2m
Debt's share of the balance-sheet total is 85.6%.
Key figures and ratios
2025 value
Current ratio
1.11
Debt to equity
5.94
ROE
501.7%
ROA
72.3%
Debt ≤ 1 year
€2.2m
Income taxes
€619,136

Investments

fixed assets acquired
Item2025
Financial fixed assets€138,600

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LIVILA: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €1.8m and €5.9m, founded between 2022 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
LIVILA Hasselt2024€2.6m€0.4m€2.5m€1.9m-2025
BMT Real Estate Aalter2023€1.8m€1.0m€1.6m€1.1m-2025
Cores Industries Antwerpen2023€3.8m€1.9m€1.4m€1.0m-2025
FTA IMMO Hasselt2023€4.7m€2.4m€0.5m€0.1m-2025
BARKING Lommel2022€4.0m€0.4m€0.5m€0.2m-2025
ZEVENEKE Nazareth-De Pinte2023€2.9m€0.3m€0.5m€0.4m02025
Metis I Maldegem Gent2024€5.9m€0.06m€0.5m-02025

They were chosen from the 951 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,602 companies had the same profile as LIVILA has now. Two years later, 2.3% had gone bankrupt and 96.6% were still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
0.9% stopped otherwise
96.6% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LIVILA itself is lower: < 0.1% within 12 months. It rests on far more data about LIVILA than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,602 companies, not a prediction for LIVILA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines

Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€2.6m
Fixed assets21/28€0.1m
Financial fixed assets28€0.1m
Current assets29/58€2.4m
Cash at bank and in hand54/58€2.4m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€2.6m
Equity10/15€0.4m
Contributions10/11€0.003m
Profit (loss) carried forward14€0.4m
Amounts payable17/49€2.2m
Amounts payable within one year42/48€2.2m
Trade debts44€0.07m
Suppliers440/4€0.07m
Taxes, remuneration and social security45€2.1m
Taxes450/3€2.1m
Income statement Code2025
Other operating charges640/8€62
Gross operating margin9900€2.5m
Operating profit (loss)9901€2.5m
Financial income75/76B€0.003m
Recurring financial income75€0.003m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903€2.5m
Income taxes67/77€0.6m
Profit (loss) for the period9904€1.9m
Profit (loss) for the period to be appropriated9905€1.9m
Appropriation of the result
Profit (loss) to be appropriated9906€1.9m
Profit to be distributed694/7€1.5m
Return on contributions (dividend)694€1.5m

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Other operating charges640/8€62
Gross operating margin9900€2.5m
Operating profit (loss)9901€2.5m
Financial income75/76B€0.003m
Recurring financial income75€0.003m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903€2.5m
Income taxes67/77€0.6m
Profit (loss) for the period9904€1.9m
Profit (loss) for the period to be appropriated9905€1.9m
Line2025
Assets
Total assets20/58€2.6m
Fixed assets21/28€0.1m
Financial fixed assets28€0.1m
Current assets29/58€2.4m
Cash at bank and in hand54/58€2.4m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€2.6m
Equity10/15€0.4m
Contributions10/11€0.003m
Profit (loss) carried forward14€0.4m
Amounts payable17/49€2.2m
Amounts payable within one year42/48€2.2m
Trade debts44€0.07m
Suppliers440/4€0.07m
Taxes, remuneration and social security45€2.1m
Taxes450/3€2.1m
Line2025
Profit (loss) for the period9904€1.9m
Operating cash flow (approximation)€1.9m

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 02-07-2026 2026-00241554 NBB

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