Livaea: 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.
Livaea
Largest movements
- Tangible fixed assets -€70,500
down €70,500 (-82.0%), from €85,927 to €15,427
of which Furniture and vehicles: -€68,285
- Cash +€34,163
up €34,163 (+66.7%), from €51,221 to €85,384
mainly Investment in fixed assets (net) (+€64,472) and Receivables after one year (+€25,000)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year -€16,708
down €16,708 (-95.0%), from €17,586 to €878
of which Trade receivables: -€13,999
- Reserves -€30,522
down €30,522 (-28.4%), from €107,658 to €77,135
of which Distributable reserves: -€30,522
- Debts after one year -€29,985
no longer reported in 2025 (was €29,985)
- Current portion of long-term debt -€15,553
no longer reported in 2025 (was €15,553)
- Tax, wage and social debts -€4,485
down €4,485 (-98.7%), from €4,545 to €60
- Trade debts +€2,724
up €2,724 (+85.9%), from €3,169 to €5,893
- Gross operating margin -€36,942
down €36,942, from €29,747 to -€7,194
- Depreciation -€17,838
down €17,838 (-74.7%), from €23,867 to €6,029
- Financial income +€2,294
new in 2025: €2,294
- Taxes -€1,510
down €1,510 (-81.2%), from €1,861 to €350
- Financial charges -€455
down €455 (-20.2%), from €2,246 to €1,792
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 | €179,735 | €101,689 | -€78,046 | -43.4% |
| Fixed assets | 21/28 | €85,927 | €15,427 | -€70,500 | -82.0% |
| Tangible fixed assets | 22/27 | €85,927 | €15,427 | -€70,500 | -82.0% |
| Furniture and vehicles | 24 | €73,965 | €5,680 | -€68,285 | -92.3% |
| Other tangible fixed assets | 26 | €11,962 | €9,747 | -€2,215 | -18.5% |
| Current assets | 29/58 | €93,808 | €86,262 | -€7,546 | -8.0% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €17,586 | €878 | -€16,708 | -95.0% |
| Trade receivables | 40 | €13,999 | - | -€13,999 | |
| Other amounts receivable | 41 | €3,588 | €878 | -€2,710 | -75.5% |
| Cash at bank and in hand | 54/58 | €51,221 | €85,384 | +€34,163 | +66.7% |
| Total equity and liabilities | 10/49 | €179,735 | €101,689 | -€78,046 | -43.4% |
| Equity | 10/15 | €126,258 | €95,735 | -€30,522 | -24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,658 | €77,135 | -€30,522 | -28.4% |
| Tax-exempt reserves | 132 | €361 | €361 | = | 0.0% |
| Distributable reserves | 133 | €107,297 | €76,775 | -€30,522 | -28.4% |
| Amounts payable | 17/49 | €53,477 | €5,954 | -€47,524 | -88.9% |
| Amounts payable after more than one year | 17 | €29,985 | - | -€29,985 | |
| Financial debts | 170/4 | €29,985 | - | -€29,985 | |
| Amounts payable within one year | 42/48 | €23,492 | €5,954 | -€17,539 | -74.7% |
| Current portion of amounts payable after more than one year | 42 | €15,553 | - | -€15,553 | |
| Trade debts | 44 | €3,169 | €5,893 | +€2,724 | +85.9% |
| Suppliers | 440/4 | €3,169 | €5,893 | +€2,724 | +85.9% |
| Taxes, remuneration and social security | 45 | €4,545 | €60 | -€4,485 | -98.7% |
| Taxes | 450/3 | €4,545 | €60 | -€4,485 | -98.7% |
| Other amounts payable | 47/48 | €225 | - | -€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,867 | €6,029 | -€17,838 | -74.7% |
| Other operating charges | 640/8 | €813 | €599 | -€213 | -26.2% |
| Non-recurring operating charges | 66A | - | €16,852 | +€16,852 | |
| Gross operating margin | 9900 | €29,747 | -€7,194 | -€36,942 | |
| Operating profit (loss) | 9901 | €5,068 | -€30,674 | -€35,742 | |
| Financial income | 75/76B | - | €2,294 | +€2,294 | |
| Recurring financial income | 75 | - | €2,294 | +€2,294 | |
| Financial charges | 65/66B | €2,246 | €1,792 | -€455 | -20.2% |
| Recurring financial charges | 65 | €2,246 | €1,792 | -€455 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €2,822 | -€30,172 | -€32,994 | |
| Income taxes | 67/77 | €1,861 | €350 | -€1,510 | -81.2% |
| Profit (loss) for the period | 9904 | €961 | -€30,522 | -€31,484 | |
| Profit (loss) for the period to be appropriated | 9905 | €961 | -€30,522 | -€31,484 |
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 19 October 2026 via checked.be.