LIVAN PROMOTION: 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.
LIVAN PROMOTION
Largest movements
- Stocks and contracts +€42,350
up €42,350 (+1.6%), from €2.7m to €2.8m
- Cash -€32,016
down €32,016 (-92.4%), from €34,668 to €2,652
mainly Short-term financial debts (-€234,000) and Net result for the year (-€147,123)
- Debts after one year +€341,000
up €341,000 (+30.3%), from €1.1m to €1.5m
of which Other amounts payable: +€341,000
- Short-term financial debts -€234,000
down €234,000 (-11.1%), from €2.1m to €1.9m
- Profit (loss) carried forward -€147,123
down €147,123 (-24.6%), from -€599,015 to -€746,139
- Accrued charges and deferred income +€28,394
up €28,394 (+33.8%), from €83,978 to €112,372
- Financial charges -€50,685
down €50,685 (-32.8%), from €154,399 to €103,714
- Other operating charges -€33,969
down €33,969 (-47.1%), from €72,180 to €38,211
- Gross operating margin +€11,048
up €11,048 (+68.0%), from -€16,246 to -€5,198
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 | €2,752,682 | €2,762,962 | +€10,280 | +0.4% |
| Current assets | 29/58 | €2,752,682 | €2,762,962 | +€10,280 | +0.4% |
| Stocks and contracts in progress | 3 | €2,717,423 | €2,759,773 | +€42,350 | +1.6% |
| Stocks | 30/36 | €2,717,423 | €2,759,773 | +€42,350 | +1.6% |
| Cash at bank and in hand | 54/58 | €34,668 | €2,652 | -€32,016 | -92.4% |
| Deferred charges and accrued income | 490/1 | €592 | €538 | -€54 | -9.1% |
| Total equity and liabilities | 10/49 | €2,752,682 | €2,762,962 | +€10,280 | +0.4% |
| Equity | 10/15 | -€578,555 | -€725,679 | -€147,123 | -25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€599,015 | -€746,139 | -€147,123 | -24.6% |
| Amounts payable | 17/49 | €3,331,237 | €3,488,641 | +€157,404 | +4.7% |
| Amounts payable after more than one year | 17 | €1,126,514 | €1,467,514 | +€341,000 | +30.3% |
| Financial debts | 170/4 | €762,456 | €762,456 | = | 0.0% |
| Other amounts payable | 178/9 | €364,057 | €705,057 | +€341,000 | +93.7% |
| Amounts payable within one year | 42/48 | €2,120,745 | €1,908,755 | -€211,990 | -10.0% |
| Financial debts | 43 | €2,110,000 | €1,876,000 | -€234,000 | -11.1% |
| Credit institutions | 430/8 | €2,110,000 | €1,876,000 | -€234,000 | -11.1% |
| Trade debts | 44 | €226 | €1,061 | +€835 | +369% |
| Suppliers | 440/4 | €226 | €1,061 | +€835 | +369% |
| Other amounts payable | 47/48 | €10,519 | €31,694 | +€21,175 | +201% |
| Accrued charges and deferred income | 492/3 | €83,978 | €112,372 | +€28,394 | +33.8% |
| Other operating charges | 640/8 | €72,180 | €38,211 | -€33,969 | -47.1% |
| Gross operating margin | 9900 | -€16,246 | -€5,198 | +€11,048 | +68.0% |
| Operating profit (loss) | 9901 | -€88,426 | -€43,409 | +€45,017 | +50.9% |
| Financial charges | 65/66B | €154,399 | €103,714 | -€50,685 | -32.8% |
| Recurring financial charges | 65 | €154,399 | €103,714 | -€50,685 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€242,825 | -€147,123 | +€95,702 | +39.4% |
| Profit (loss) for the period | 9904 | -€242,825 | -€147,123 | +€95,702 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€242,825 | -€147,123 | +€95,702 | +39.4% |
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.