LIVAN MAINTENANCE: 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.
LIVAN MAINTENANCE
Largest movements
- Cash -€1.2m
down €1.2m (-95.1%), from €1.3m to €63,014
mainly Trade debts (-€967,579) and Current investments (-€400,000)
- Current investments +€400,000
new in 2025: €400,000
- Receivables within one year -€152,982
down €152,982 (-17.9%), from €853,982 to €701,000
of which Trade receivables: -€167,282
- Trade debts -€967,579
down €967,579 (-83.4%), from €1.2m to €191,973
- Other debts -€143,378
down €143,378 (-26.1%), from €549,213 to €405,835
- Profit (loss) carried forward +€127,015
up €127,015 (+37.0%), from €343,133 to €470,149
- Turnover -€1.2m
down €1.2m (-32.8%), from €3.8m to €2.6m
- Goods and materials -€1.1m
down €1.1m (-31.9%), from €3.5m to €2.4m
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 | €2,147,955 | €1,164,014 | -€983,941 | -45.8% |
| Current assets | 29/58 | €2,147,955 | €1,164,014 | -€983,941 | -45.8% |
| Amounts receivable within one year | 40/41 | €853,982 | €701,000 | -€152,982 | -17.9% |
| Trade receivables | 40 | €831,131 | €663,849 | -€167,282 | -20.1% |
| Other amounts receivable | 41 | €22,851 | €37,151 | +€14,299 | +62.6% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Other investments | 51/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €1,293,973 | €63,014 | -€1.2m | -95.1% |
| Total equity and liabilities | 10/49 | €2,147,955 | €1,164,014 | -€983,941 | -45.8% |
| Equity | 10/15 | €439,191 | €566,206 | +€127,015 | +28.9% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €33,557 | €33,557 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €27,307 | €27,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | €343,133 | €470,149 | +€127,015 | +37.0% |
| Amounts payable | 17/49 | €1,708,764 | €597,808 | -€1.1m | -65.0% |
| Amounts payable within one year | 42/48 | €1,708,764 | €597,808 | -€1.1m | -65.0% |
| Trade debts | 44 | €1,159,552 | €191,973 | -€967,579 | -83.4% |
| Suppliers | 440/4 | €1,159,552 | €191,973 | -€967,579 | -83.4% |
| Other amounts payable | 47/48 | €549,213 | €405,835 | -€143,378 | -26.1% |
| Operating income | 70/76A | €3,808,792 | €2,560,251 | -€1.2m | -32.8% |
| Turnover | 70 | €3,808,792 | €2,560,251 | -€1.2m | -32.8% |
| Operating charges | 60/66A | €3,510,045 | €2,398,545 | -€1.1m | -31.7% |
| Goods for resale, raw materials and consumables | 60 | €3,501,370 | €2,384,123 | -€1.1m | -31.9% |
| Purchases | 600/8 | €3,501,370 | €2,384,123 | -€1.1m | -31.9% |
| Services and other goods | 61 | €7,009 | €13,280 | +€6,271 | +89.5% |
| Other operating charges | 640/8 | €1,666 | €1,143 | -€524 | -31.4% |
| Operating profit (loss) | 9901 | €298,747 | €161,706 | -€137,041 | -45.9% |
| Financial income | 75/76B | €1,684 | €7,827 | +€6,143 | +364.7% |
| Recurring financial income | 75 | €1,684 | €7,827 | +€6,143 | +364.7% |
| Income from current assets | 751 | €1,684 | €7,826 | +€6,142 | +364.7% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €62 | €179 | +€117 | +187.8% |
| Recurring financial charges | 65 | €62 | €179 | +€117 | +187.8% |
| Debt charges | 650 | €10 | - | -€10 | |
| Other financial charges | 652/9 | €53 | €179 | +€127 | +241.0% |
| Profit (loss) for the period before taxes | 9903 | €300,369 | €169,354 | -€131,015 | -43.6% |
| Income taxes | 67/77 | €77,917 | €42,339 | -€35,578 | -45.7% |
| Taxes | 670/3 | €77,917 | €42,339 | -€35,578 | -45.7% |
| Profit (loss) for the period | 9904 | €222,452 | €127,015 | -€95,436 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €222,452 | €127,015 | -€95,436 | -42.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.