LIV DESIGN: what changed
LIV DESIGN
Largest movements
- Tangible fixed assets -€10,582
down €10,582 (-38.5%), from €27,452 to €16,870
of which Furniture and vehicles: -€11,688
- Cash +€2,633
up €2,633 (+112%), from €2,346 to €4,980
mainly Depreciation (+€11,704) and Receivables within one year (+€1,140)
- Deferred charges and accrued income +€1,299
up €1,299 (+189%), from €687 to €1,986
- Receivables within one year -€1,140
down €1,140 (-19.4%), from €5,890 to €4,750
of which Other amounts receivable: -€850
- Stocks and contracts +€500
new in 2025: €500
- Debts after one year -€3,626
down €3,626 (-23.8%), from €15,265 to €11,639
- Tax, wage and social debts -€1,588
down €1,588 (-51.6%), from €3,075 to €1,487
- Current portion of long-term debt -€1,288
down €1,288 (-21.9%), from €5,887 to €4,599
- Trade debts -€1,225
no longer reported in 2025 (was €1,225)
- Profit (loss) carried forward +€534
up €534 (+6.0%), from €8,826 to €9,360
- Gross operating margin -€3,962
down €3,962 (-19.5%), from €20,303 to €16,341
- Depreciation +€2,671
up €2,671 (+29.6%), from €9,033 to €11,704
- Taxes -€1,524
down €1,524 (-49.5%), from €3,075 to €1,552
- Other operating charges +€601
up €601 (+52.3%), from €1,148 to €1,748
- Financial charges +€490
up €490 (+124%), from €397 to €888
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,375 | €29,085 | -€7,290 | -20.0% |
| Fixed assets | 21/28 | €27,452 | €16,870 | -€10,582 | -38.5% |
| Tangible fixed assets | 22/27 | €27,452 | €16,870 | -€10,582 | -38.5% |
| Plant, machinery and equipment | 23 | - | €1,106 | +€1,106 | |
| Furniture and vehicles | 24 | €27,452 | €15,764 | -€11,688 | -42.6% |
| Current assets | 29/58 | €8,923 | €12,215 | +€3,292 | +36.9% |
| Stocks and contracts in progress | 3 | - | €500 | +€500 | |
| Stocks | 30/36 | - | €500 | +€500 | |
| Amounts receivable within one year | 40/41 | €5,890 | €4,750 | -€1,140 | -19.4% |
| Trade receivables | 40 | €1,250 | €960 | -€290 | -23.2% |
| Other amounts receivable | 41 | €4,640 | €3,790 | -€850 | -18.3% |
| Cash at bank and in hand | 54/58 | €2,346 | €4,980 | +€2,633 | +112% |
| Deferred charges and accrued income | 490/1 | €687 | €1,986 | +€1,299 | +189% |
| Total equity and liabilities | 10/49 | €36,375 | €29,085 | -€7,290 | -20.0% |
| Equity | 10/15 | €10,826 | €11,360 | +€534 | +4.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,826 | €9,360 | +€534 | +6.0% |
| Amounts payable | 17/49 | €25,549 | €17,725 | -€7,824 | -30.6% |
| Amounts payable after more than one year | 17 | €15,265 | €11,639 | -€3,626 | -23.8% |
| Financial debts | 170/4 | €15,265 | €11,639 | -€3,626 | -23.8% |
| Amounts payable within one year | 42/48 | €10,284 | €6,086 | -€4,197 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €5,887 | €4,599 | -€1,288 | -21.9% |
| Trade debts | 44 | €1,225 | - | -€1,225 | |
| Suppliers | 440/4 | €1,225 | - | -€1,225 | |
| Taxes, remuneration and social security | 45 | €3,075 | €1,487 | -€1,588 | -51.6% |
| Taxes | 450/3 | €3,075 | €1,487 | -€1,588 | -51.6% |
| Other amounts payable | 47/48 | €96 | - | -€96 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,033 | €11,704 | +€2,671 | +29.6% |
| Other operating charges | 640/8 | €1,148 | €1,748 | +€601 | +52.3% |
| Gross operating margin | 9900 | €20,303 | €16,341 | -€3,962 | -19.5% |
| Operating profit (loss) | 9901 | €10,122 | €2,889 | -€7,233 | -71.5% |
| Financial income | 75/76B | €45 | €84 | +€39 | +87.4% |
| Recurring financial income | 75 | €45 | €84 | +€39 | +87.4% |
| Financial charges | 65/66B | €397 | €888 | +€490 | +124% |
| Recurring financial charges | 65 | €397 | €888 | +€490 | +124% |
| Profit (loss) for the period before taxes | 9903 | €9,770 | €2,086 | -€7,684 | -78.7% |
| Income taxes | 67/77 | €3,075 | €1,552 | -€1,524 | -49.5% |
| Profit (loss) for the period | 9904 | €6,695 | €534 | -€6,161 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,695 | €534 | -€6,161 | -92.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.