LIVARCO: 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.
LIVARCO
Largest movements
- Tangible fixed assets -€22,549
down €22,549 (-6.6%), from €340,053 to €317,503
of which Land and buildings: -€17,046
- Cash -€14,517
down €14,517 (-30.7%), from €47,228 to €32,711
mainly Net result for the year (-€42,227) and Trade debts (-€2,222)
- Profit (loss) carried forward -€42,227
down €42,227 (-46.4%), from -€90,917 to -€133,145
- Other debts +€4,487
up €4,487 (+2.8%), from €160,992 to €165,479
- Gross operating margin +€3,401
up €3,401 (+15.7%), from -€21,652 to -€18,251
- Financial income -€2,111
down €2,111 (-86.1%), from €2,453 to €342
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 | €392,248 | €351,335 | -€40,913 | -10.4% |
| Fixed assets | 21/28 | €340,053 | €317,503 | -€22,549 | -6.6% |
| Tangible fixed assets | 22/27 | €340,053 | €317,503 | -€22,549 | -6.6% |
| Land and buildings | 22 | €325,242 | €308,197 | -€17,046 | -5.2% |
| Plant, machinery and equipment | 23 | €5,805 | €4,719 | -€1,086 | -18.7% |
| Furniture and vehicles | 24 | €9,005 | €4,587 | -€4,418 | -49.1% |
| Current assets | 29/58 | €52,195 | €33,832 | -€18,363 | -35.2% |
| Amounts receivable within one year | 40/41 | €2,816 | €824 | -€1,992 | -70.7% |
| Trade receivables | 40 | €2,216 | €651 | -€1,565 | -70.6% |
| Other amounts receivable | 41 | €601 | €174 | -€427 | -71.1% |
| Cash at bank and in hand | 54/58 | €47,228 | €32,711 | -€14,517 | -30.7% |
| Deferred charges and accrued income | 490/1 | €2,151 | €297 | -€1,855 | -86.2% |
| Total equity and liabilities | 10/49 | €392,248 | €351,335 | -€40,913 | -10.4% |
| Equity | 10/15 | €27,441 | -€14,786 | -€42,227 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €112,159 | €112,159 | = | 0.0% |
| Distributable reserves | 133 | €112,159 | €112,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,917 | -€133,145 | -€42,227 | -46.4% |
| Amounts payable | 17/49 | €364,807 | €366,121 | +€1,314 | +0.4% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €164,807 | €166,121 | +€1,314 | +0.8% |
| Trade debts | 44 | €2,815 | €593 | -€2,222 | -78.9% |
| Suppliers | 440/4 | €2,815 | €593 | -€2,222 | -78.9% |
| Taxes, remuneration and social security | 45 | €1,000 | €49 | -€951 | -95.1% |
| Taxes | 450/3 | €0 | €49 | +€49 | |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €160,992 | €165,479 | +€4,487 | +2.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,507 | €22,549 | +€43 | +0.2% |
| Other operating charges | 640/8 | €1,492 | €1,537 | +€45 | +3.0% |
| Gross operating margin | 9900 | -€21,652 | -€18,251 | +€3,401 | +15.7% |
| Operating profit (loss) | 9901 | -€45,650 | -€42,337 | +€3,313 | +7.3% |
| Financial income | 75/76B | €2,453 | €342 | -€2,111 | -86.1% |
| Recurring financial income | 75 | €2,453 | €342 | -€2,111 | -86.1% |
| Financial charges | 65/66B | €135 | €80 | -€55 | -40.5% |
| Recurring financial charges | 65 | €135 | €80 | -€55 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,332 | -€42,076 | +€1,256 | +2.9% |
| Income taxes | 67/77 | €358 | €151 | -€207 | -57.8% |
| Profit (loss) for the period | 9904 | -€43,690 | -€42,227 | +€1,463 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,690 | -€42,227 | +€1,463 | +3.3% |
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 27 October 2026 via checked.be.