Liv Co: 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.
Liv Co
Largest movements
- Cash +€91,040
up €91,040 (+90.8%), from €100,226 to €191,266
mainly Net result for the year (+€76,578) and Tax, wage and social debts (+€25,522)
- Tangible fixed assets +€5,164
up €5,164 (+98.1%), from €5,264 to €10,428
of which Furniture and vehicles: +€5,946
- Receivables within one year +€2,177
up €2,177 (+18.2%), from €11,937 to €14,114
of which Trade receivables: +€2,620
- Profit (loss) carried forward +€76,578
up €76,578 (+87.0%), from €88,001 to €164,579
- Tax, wage and social debts +€25,522
up €25,522 (+129%), from €19,765 to €45,287
- Gross operating margin +€18,556
up €18,556 (+20.5%), from €90,693 to €109,249
- Depreciation +€7,382
up €7,382 (+258%), from €2,865 to €10,247
- Taxes +€2,887
up €2,887 (+15.7%), from €18,375 to €21,262
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 | €117,597 | €215,834 | +€98,236 | +83.5% |
| Fixed assets | 21/28 | €5,264 | €10,428 | +€5,164 | +98.1% |
| Tangible fixed assets | 22/27 | €5,264 | €10,428 | +€5,164 | +98.1% |
| Plant, machinery and equipment | 23 | €822 | €326 | -€496 | -60.3% |
| Furniture and vehicles | 24 | €3,050 | €8,996 | +€5,946 | +195% |
| Other tangible fixed assets | 26 | €1,391 | €1,105 | -€286 | -20.6% |
| Current assets | 29/58 | €112,334 | €205,406 | +€93,072 | +82.9% |
| Amounts receivable within one year | 40/41 | €11,937 | €14,114 | +€2,177 | +18.2% |
| Trade receivables | 40 | €11,314 | €13,934 | +€2,620 | +23.2% |
| Other amounts receivable | 41 | €623 | €180 | -€443 | -71.2% |
| Cash at bank and in hand | 54/58 | €100,226 | €191,266 | +€91,040 | +90.8% |
| Deferred charges and accrued income | 490/1 | €171 | €26 | -€145 | -84.8% |
| Total equity and liabilities | 10/49 | €117,597 | €215,834 | +€98,236 | +83.5% |
| Equity | 10/15 | €91,001 | €167,579 | +€76,578 | +84.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,001 | €164,579 | +€76,578 | +87.0% |
| Amounts payable | 17/49 | €26,597 | €48,254 | +€21,658 | +81.4% |
| Amounts payable within one year | 42/48 | €26,531 | €48,187 | +€21,657 | +81.6% |
| Trade debts | 44 | €3,473 | €1,484 | -€1,989 | -57.3% |
| Suppliers | 440/4 | €3,473 | €1,484 | -€1,989 | -57.3% |
| Taxes, remuneration and social security | 45 | €19,765 | €45,287 | +€25,522 | +129% |
| Taxes | 450/3 | €19,765 | €45,287 | +€25,522 | +129% |
| Other amounts payable | 47/48 | €3,293 | €1,417 | -€1,876 | -57.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,865 | €10,247 | +€7,382 | +258% |
| Other operating charges | 640/8 | €765 | €992 | +€226 | +29.6% |
| Gross operating margin | 9900 | €90,693 | €109,249 | +€18,556 | +20.5% |
| Operating profit (loss) | 9901 | €87,063 | €98,010 | +€10,948 | +12.6% |
| Financial charges | 65/66B | €562 | €170 | -€392 | -69.7% |
| Recurring financial charges | 65 | €562 | €170 | -€392 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €86,501 | €97,840 | +€11,339 | +13.1% |
| Income taxes | 67/77 | €18,375 | €21,262 | +€2,887 | +15.7% |
| Profit (loss) for the period | 9904 | €68,126 | €76,578 | +€8,453 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,126 | €76,578 | +€8,453 | +12.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.