Li-Vente: what changed
Two fiscal 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.
Li-Vente
Largest movements
- Tangible fixed assets +€79,990
up €79,990 (+39.0%), from €205,088 to €285,078
of which Furniture and vehicles: +€89,491
- Stocks and contracts -€67,119
down €67,119 (-6.8%), from €985,580 to €918,461
of which Stocks: -€67,119
- Debts after one year -€132,310
down €132,310 (-13.1%), from €1.0m to €878,063
- Reserves +€104,341
up €104,341 (+66.8%), from €156,175 to €260,516
- Current portion of long-term debt +€20,365
new in 2025: €20,365
- Tax, wage and social debts +€18,445
up €18,445 (+317.0%), from €5,818 to €24,263
- Gross operating margin +€89,375
up €89,375 (+91.9%), from €97,218 to €186,593
- Taxes +€27,534
up €27,534 (+126.7%), from €21,739 to €49,272
- Financial charges -€4,339
down €4,339 (-27.3%), from €15,914 to €11,575
- Depreciation +€4,288
up €4,288 (+44.2%), from €9,692 to €13,980
- Other operating charges +€3,861
up €3,861 (+107.5%), from €3,592 to €7,454
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.
Cash bridge derived
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 | €1,239,504 | €1,248,587 | +€9,083 | +0.7% |
| Fixed assets | 21/28 | €205,088 | €285,078 | +€79,990 | +39.0% |
| Tangible fixed assets | 22/27 | €205,088 | €285,078 | +€79,990 | +39.0% |
| Land and buildings | 22 | €204,930 | €195,587 | -€9,343 | -4.6% |
| Plant, machinery and equipment | 23 | €158 | €0 | -€158 | -100.0% |
| Furniture and vehicles | 24 | €0 | €89,491 | +€89,491 | |
| Current assets | 29/58 | €1,034,416 | €963,508 | -€70,908 | -6.9% |
| Stocks and contracts in progress | 3 | €985,580 | €918,461 | -€67,119 | -6.8% |
| Stocks | 30/36 | €985,580 | €918,461 | -€67,119 | -6.8% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €26,599 | €17,296 | -€9,303 | -35.0% |
| Trade receivables | 40 | €23,319 | €10,515 | -€12,804 | -54.9% |
| Other amounts receivable | 41 | €3,280 | €6,781 | +€3,501 | +106.7% |
| Cash at bank and in hand | 54/58 | €21,777 | €27,273 | +€5,497 | +25.2% |
| Deferred charges and accrued income | 490/1 | €461 | €478 | +€17 | +3.8% |
| Total equity and liabilities | 10/49 | €1,239,504 | €1,248,587 | +€9,083 | +0.7% |
| Equity | 10/15 | €176,175 | €280,516 | +€104,341 | +59.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €156,175 | €260,516 | +€104,341 | +66.8% |
| Distributable reserves | 133 | €156,175 | €260,516 | +€104,341 | +66.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,063,329 | €968,071 | -€95,259 | -9.0% |
| Amounts payable after more than one year | 17 | €1,010,373 | €878,063 | -€132,310 | -13.1% |
| Financial debts | 170/4 | €1,010,373 | €878,063 | -€132,310 | -13.1% |
| Amounts payable within one year | 42/48 | €42,696 | €81,942 | +€39,246 | +91.9% |
| Current portion of amounts payable after more than one year | 42 | - | €20,365 | +€20,365 | |
| Financial debts | 43 | €8,547 | €8,488 | -€58 | -0.7% |
| Other loans | 439 | €8,547 | €8,488 | -€58 | -0.7% |
| Trade debts | 44 | €2,010 | €6,099 | +€4,088 | +203.3% |
| Suppliers | 440/4 | €2,010 | €6,099 | +€4,088 | +203.3% |
| Taxes, remuneration and social security | 45 | €5,818 | €24,263 | +€18,445 | +317.0% |
| Taxes | 450/3 | €5,818 | €24,263 | +€18,445 | +317.0% |
| Other amounts payable | 47/48 | €26,320 | €22,727 | -€3,594 | -13.7% |
| Accrued charges and deferred income | 492/3 | €10,261 | €8,066 | -€2,195 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,692 | €13,980 | +€4,288 | +44.2% |
| Other operating charges | 640/8 | €3,592 | €7,454 | +€3,861 | +107.5% |
| Gross operating margin | 9900 | €97,218 | €186,593 | +€89,375 | +91.9% |
| Operating profit (loss) | 9901 | €83,933 | €165,159 | +€81,225 | +96.8% |
| Financial income | 75/76B | €62 | €30 | -€32 | -51.0% |
| Recurring financial income | 75 | €62 | €30 | -€32 | -51.0% |
| Financial charges | 65/66B | €15,914 | €11,575 | -€4,339 | -27.3% |
| Recurring financial charges | 65 | €15,914 | €11,575 | -€4,339 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €68,081 | €153,614 | +€85,533 | +125.6% |
| Income taxes | 67/77 | €21,739 | €49,272 | +€27,534 | +126.7% |
| Profit (loss) for the period | 9904 | €46,342 | €104,341 | +€57,999 | +125.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,342 | €104,341 | +€57,999 | +125.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.