D-liveR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
D-liveR
Largest movements
- Tangible fixed assets -€15,370
down €15,370 (-84.4%), from €18,220 to €2,850
of which Land and buildings: -€14,706
- Receivables within one year -€4,955
down €4,955 (-6.3%), from €79,119 to €74,164
of which Trade receivables: -€14,527
- Cash -€4,598
down €4,598 (-44.9%), from €10,229 to €5,631
mainly Tax, wage and social debts (-€17,259) and Debts after one year (-€10,981)
- Tax, wage and social debts -€17,259
down €17,259 (-51.8%), from €33,298 to €16,039
of which Taxes: -€14,759
- Debts after one year -€10,981
down €10,981 (-100%), from €10,981 to €0
- Reserves +€5,038
up €5,038 (+10.9%), from €46,391 to €51,429
of which Distributable reserves: +€5,038
- Current portion of long-term debt -€3,687
down €3,687 (-25.1%), from €14,668 to €10,981
- Trade debts +€1,582
up €1,582 (+84.9%), from €1,863 to €3,446
- Gross operating margin -€42,601
down €42,601 (-61.7%), from €69,030 to €26,429
- Taxes -€11,282
down €11,282 (-71.6%), from €15,759 to €4,477
- Financial charges -€1,445
down €1,445 (-45.3%), from €3,186 to €1,741
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,951 | €82,645 | -€25,306 | -23.4% |
| Fixed assets | 21/28 | €18,220 | €2,850 | -€15,370 | -84.4% |
| Tangible fixed assets | 22/27 | €18,220 | €2,850 | -€15,370 | -84.4% |
| Land and buildings | 22 | €17,556 | €2,850 | -€14,706 | -83.8% |
| Furniture and vehicles | 24 | €664 | €0 | -€664 | -100% |
| Current assets | 29/58 | €89,730 | €79,795 | -€9,936 | -11.1% |
| Amounts receivable within one year | 40/41 | €79,119 | €74,164 | -€4,955 | -6.3% |
| Trade receivables | 40 | €17,000 | €2,473 | -€14,527 | -85.5% |
| Other amounts receivable | 41 | €62,119 | €71,691 | +€9,572 | +15.4% |
| Cash at bank and in hand | 54/58 | €10,229 | €5,631 | -€4,598 | -44.9% |
| Deferred charges and accrued income | 490/1 | €382 | €0 | -€382 | -100% |
| Total equity and liabilities | 10/49 | €107,951 | €82,645 | -€25,306 | -23.4% |
| Equity | 10/15 | €47,141 | €52,179 | +€5,038 | +10.7% |
| Contributions | 10/11 | €750 | €750 | = | 0.0% |
| Reserves | 13 | €46,391 | €51,429 | +€5,038 | +10.9% |
| Non-distributable reserves | 130/1 | €75 | €75 | = | 0.0% |
| Reserves not available under the articles | 1311 | €75 | €75 | = | 0.0% |
| Distributable reserves | 133 | €46,316 | €51,354 | +€5,038 | +10.9% |
| Amounts payable | 17/49 | €60,810 | €30,466 | -€30,344 | -49.9% |
| Amounts payable after more than one year | 17 | €10,981 | €0 | -€10,981 | -100% |
| Financial debts | 170/4 | €10,981 | €0 | -€10,981 | -100% |
| Amounts payable within one year | 42/48 | €49,829 | €30,466 | -€19,363 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €14,668 | €10,981 | -€3,687 | -25.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,863 | €3,446 | +€1,582 | +84.9% |
| Suppliers | 440/4 | €1,863 | €3,446 | +€1,582 | +84.9% |
| Taxes, remuneration and social security | 45 | €33,298 | €16,039 | -€17,259 | -51.8% |
| Taxes | 450/3 | €30,798 | €16,039 | -€14,759 | -47.9% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,356 | €15,370 | +€14 | +0.1% |
| Other operating charges | 640/8 | €3,524 | €3,667 | +€144 | +4.1% |
| Gross operating margin | 9900 | €69,030 | €26,429 | -€42,601 | -61.7% |
| Operating profit (loss) | 9901 | €50,151 | €7,391 | -€42,759 | -85.3% |
| Financial income | 75/76B | €3,277 | €3,865 | +€588 | +17.9% |
| Recurring financial income | 75 | €3,277 | €3,865 | +€588 | +17.9% |
| Financial charges | 65/66B | €3,186 | €1,741 | -€1,445 | -45.3% |
| Recurring financial charges | 65 | €3,186 | €1,741 | -€1,445 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €50,242 | €9,515 | -€40,727 | -81.1% |
| Income taxes | 67/77 | €15,759 | €4,477 | -€11,282 | -71.6% |
| Profit (loss) for the period | 9904 | €34,483 | €5,038 | -€29,445 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,483 | €5,038 | -€29,445 | -85.4% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.