LiVa: 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.
LiVa
Largest movements
- Current investments +€61,000
up €61,000 (+1525.0%), from €4,000 to €65,000
- Receivables within one year +€32,116
new in 2025: €32,116
of which Trade receivables: +€29,126
- Tangible fixed assets -€14,530
down €14,530 (-13.1%), from €111,193 to €96,664
of which Land and buildings: -€14,030
- Reserves +€62,179
up €62,179 (+432.5%), from €14,378 to €76,557
of which Distributable reserves: +€62,556
- Tax, wage and social debts +€19,026
new in 2025: €19,026
- Other debts -€3,152
no longer reported in 2025 (was €3,152)
- Gross operating margin +€85,151
up €85,151 (+2775.8%), from €3,068 to €88,219
- Taxes +€19,037
new in 2025: €19,037
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 | €115,703 | €195,508 | +€79,805 | +69.0% |
| Fixed assets | 21/28 | €111,193 | €96,664 | -€14,530 | -13.1% |
| Tangible fixed assets | 22/27 | €111,193 | €96,664 | -€14,530 | -13.1% |
| Land and buildings | 22 | €110,311 | €96,281 | -€14,030 | -12.7% |
| Furniture and vehicles | 24 | €882 | €382 | -€500 | -56.7% |
| Current assets | 29/58 | €4,510 | €98,844 | +€94,334 | +2091.7% |
| Amounts receivable within one year | 40/41 | - | €32,116 | +€32,116 | |
| Trade receivables | 40 | - | €29,126 | +€29,126 | |
| Other amounts receivable | 41 | - | €2,990 | +€2,990 | |
| Current investments | 50/53 | €4,000 | €65,000 | +€61,000 | +1525.0% |
| Cash at bank and in hand | 54/58 | €391 | €1,605 | +€1,214 | +310.5% |
| Deferred charges and accrued income | 490/1 | €119 | €124 | +€5 | +4.0% |
| Total equity and liabilities | 10/49 | €115,703 | €195,508 | +€79,805 | +69.0% |
| Equity | 10/15 | €105,795 | €167,974 | +€62,179 | +58.8% |
| Contributions | 10/11 | €56,114 | €56,114 | = | 0.0% |
| Reserves | 13 | €14,378 | €76,557 | +€62,179 | +432.5% |
| Tax-exempt reserves | 132 | €14,378 | €14,001 | -€377 | -2.6% |
| Distributable reserves | 133 | - | €62,556 | +€62,556 | |
| Profit (loss) carried forward | 14 | €35,303 | €35,303 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,793 | €4,667 | -€126 | -2.6% |
| Deferred taxes | 168 | €4,793 | €4,667 | -€126 | -2.6% |
| Amounts payable | 17/49 | €5,116 | €22,867 | +€17,752 | +347.0% |
| Amounts payable within one year | 42/48 | €5,116 | €22,867 | +€17,752 | +347.0% |
| Trade debts | 44 | €1,963 | €3,841 | +€1,878 | +95.7% |
| Suppliers | 440/4 | €1,963 | €3,841 | +€1,878 | +95.7% |
| Taxes, remuneration and social security | 45 | - | €19,026 | +€19,026 | |
| Taxes | 450/3 | - | €19,026 | +€19,026 | |
| Other amounts payable | 47/48 | €3,152 | - | -€3,152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,502 | €4,502 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,026 | €2,520 | +€494 | +24.4% |
| Gross operating margin | 9900 | €3,068 | €88,219 | +€85,151 | +2775.8% |
| Operating profit (loss) | 9901 | -€3,461 | €81,196 | +€84,657 | |
| Financial income | 75/76B | €22 | €35 | +€14 | +64.1% |
| Recurring financial income | 75 | €22 | €35 | +€14 | +64.1% |
| Financial charges | 65/66B | €139 | €142 | +€3 | +2.0% |
| Recurring financial charges | 65 | €139 | €142 | +€3 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,579 | €81,089 | +€84,668 | |
| Transfer from deferred taxes | 780 | €126 | €126 | = | 0.0% |
| Income taxes | 67/77 | - | €19,037 | +€19,037 | |
| Profit (loss) for the period | 9904 | -€3,453 | €62,179 | +€65,632 | |
| Transfer from tax-exempt reserves | 789 | €377 | €377 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,076 | €62,556 | +€65,632 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.