Liva: 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.
Liva
Largest movements
- Cash -€5,242
down €5,242 (-6.2%), from €84,132 to €78,890
mainly Contributions, distributions and other (-€28,300) and Trade debts (-€5,894)
- Tangible fixed assets -€5,077
down €5,077 (-41.2%), from €12,316 to €7,239
of which Furniture and vehicles: -€6,220
- Reserves -€10,100
down €10,100 (-11.6%), from €86,860 to €76,760
of which Distributable reserves: -€10,100
- Profit (loss) carried forward +€7,721
up €7,721, from -€7,716 to €5
- Trade debts -€5,894
down €5,894 (-53.7%), from €10,977 to €5,083
- Tax, wage and social debts -€1,399
down €1,399 (-30.5%), from €4,586 to €3,187
- Gross operating margin +€30,722
up €30,722 (+214%), from €14,365 to €45,087
- Taxes +€7,018
new in 2025: €7,018
- Depreciation +€1,123
up €1,123 (+15.2%), from €7,407 to €8,530
- Staff costs +€931
new in 2025: €931
- Financial charges +€522
up €522 (+38.2%), from €1,364 to €1,886
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 | €118,454 | €108,856 | -€9,598 | -8.1% |
| Fixed assets | 21/28 | €21,052 | €15,975 | -€5,077 | -24.1% |
| Tangible fixed assets | 22/27 | €12,316 | €7,239 | -€5,077 | -41.2% |
| Plant, machinery and equipment | 23 | €286 | €1,428 | +€1,143 | +400% |
| Furniture and vehicles | 24 | €12,031 | €5,811 | -€6,220 | -51.7% |
| Financial fixed assets | 28 | €8,736 | €8,736 | = | 0.0% |
| Current assets | 29/58 | €97,402 | €92,881 | -€4,521 | -4.6% |
| Stocks and contracts in progress | 3 | €8,112 | €8,010 | -€102 | -1.3% |
| Stocks | 30/36 | €8,112 | €8,010 | -€102 | -1.3% |
| Amounts receivable within one year | 40/41 | €3,723 | €3,728 | +€5 | +0.1% |
| Trade receivables | 40 | - | €509 | +€509 | |
| Other amounts receivable | 41 | €3,723 | €3,219 | -€504 | -13.5% |
| Cash at bank and in hand | 54/58 | €84,132 | €78,890 | -€5,242 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,435 | €2,252 | +€817 | +57.0% |
| Total equity and liabilities | 10/49 | €118,454 | €108,856 | -€9,598 | -8.1% |
| Equity | 10/15 | €97,744 | €95,365 | -€2,379 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,860 | €76,760 | -€10,100 | -11.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €74,900 | -€10,100 | -11.9% |
| Profit (loss) carried forward | 14 | -€7,716 | €5 | +€7,721 | |
| Amounts payable | 17/49 | €20,710 | €13,491 | -€7,219 | -34.9% |
| Amounts payable within one year | 42/48 | €20,710 | €13,491 | -€7,219 | -34.9% |
| Trade debts | 44 | €10,977 | €5,083 | -€5,894 | -53.7% |
| Suppliers | 440/4 | €10,977 | €5,083 | -€5,894 | -53.7% |
| Taxes, remuneration and social security | 45 | €4,586 | €3,187 | -€1,399 | -30.5% |
| Taxes | 450/3 | €4,586 | €3,187 | -€1,399 | -30.5% |
| Other amounts payable | 47/48 | €5,147 | €5,221 | +€73 | +1.4% |
| Remuneration, social security and pensions | 62 | - | €931 | +€931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,407 | €8,530 | +€1,123 | +15.2% |
| Other operating charges | 640/8 | €1,197 | €829 | -€368 | -30.7% |
| Gross operating margin | 9900 | €14,365 | €45,087 | +€30,722 | +214% |
| Operating profit (loss) | 9901 | €5,761 | €34,798 | +€29,037 | +504% |
| Financial income | 75/76B | €206 | €27 | -€178 | -86.7% |
| Recurring financial income | 75 | €206 | €27 | -€178 | -86.7% |
| Financial charges | 65/66B | €1,364 | €1,886 | +€522 | +38.2% |
| Recurring financial charges | 65 | €1,364 | €1,886 | +€522 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €4,602 | €32,939 | +€28,337 | +616% |
| Income taxes | 67/77 | - | €7,018 | +€7,018 | |
| Profit (loss) for the period | 9904 | €4,602 | €25,921 | +€21,319 | +463% |
| Profit (loss) for the period to be appropriated | 9905 | €4,602 | €25,921 | +€21,319 | +463% |
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 28 October 2026 via checked.be.