LIVCO: 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.
LIVCO
Largest movements
- Current investments +€50,000
up €50,000 (+20.0%), from €250,000 to €300,000
- Receivables after one year -€6,000
down €6,000 (-25.0%), from €24,000 to €18,000
- Other debts +€81,012
up €81,012 (+55.2%), from €146,765 to €227,776
- Tax, wage and social debts -€35,240
down €35,240 (-85.8%), from €41,079 to €5,839
- Gross operating margin +€15,531
up €15,531 (+17.0%), from €91,544 to €107,075
- Financial income +€4,725
up €4,725 (+180%), from €2,630 to €7,354
- Taxes +€3,652
up €3,652 (+18.2%), from €20,011 to €23,662
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 | €371,091 | €416,740 | +€45,648 | +12.3% |
| Fixed assets | 21/28 | €5,011 | €5,466 | +€455 | +9.1% |
| Tangible fixed assets | 22/27 | €5,011 | €5,466 | +€455 | +9.1% |
| Furniture and vehicles | 24 | €4,263 | €3,793 | -€471 | -11.0% |
| Other tangible fixed assets | 26 | €748 | €1,673 | +€925 | +124% |
| Current assets | 29/58 | €366,080 | €411,274 | +€45,194 | +12.3% |
| Amounts receivable after more than one year | 29 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Other amounts receivable | 291 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €7,328 | €10,732 | +€3,404 | +46.5% |
| Trade receivables | 40 | €707 | €4,112 | +€3,404 | +481% |
| Other amounts receivable | 41 | €6,621 | €6,621 | = | 0.0% |
| Current investments | 50/53 | €250,000 | €300,000 | +€50,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €83,681 | €81,256 | -€2,425 | -2.9% |
| Deferred charges and accrued income | 490/1 | €1,071 | €1,286 | +€214 | +20.0% |
| Total equity and liabilities | 10/49 | €371,091 | €416,740 | +€45,648 | +12.3% |
| Equity | 10/15 | €182,957 | €181,458 | -€1,499 | -0.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €178,945 | €178,945 | = | 0.0% |
| Distributable reserves | 133 | €178,945 | €178,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,012 | €513 | -€1,499 | -74.5% |
| Amounts payable | 17/49 | €188,134 | €235,282 | +€47,148 | +25.1% |
| Amounts payable within one year | 42/48 | €188,039 | €235,282 | +€47,243 | +25.1% |
| Trade debts | 44 | €195 | €1,666 | +€1,471 | +755% |
| Suppliers | 440/4 | €195 | €1,666 | +€1,471 | +755% |
| Taxes, remuneration and social security | 45 | €41,079 | €5,839 | -€35,240 | -85.8% |
| Taxes | 450/3 | €41,079 | €5,839 | -€35,240 | -85.8% |
| Other amounts payable | 47/48 | €146,765 | €227,776 | +€81,012 | +55.2% |
| Accrued charges and deferred income | 492/3 | €95 | €0 | -€95 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,405 | €3,056 | +€652 | +27.1% |
| Other operating charges | 640/8 | €281 | €239 | -€42 | -15.1% |
| Gross operating margin | 9900 | €91,544 | €107,075 | +€15,531 | +17.0% |
| Operating profit (loss) | 9901 | €88,859 | €103,781 | +€14,922 | +16.8% |
| Financial income | 75/76B | €2,630 | €7,354 | +€4,725 | +180% |
| Recurring financial income | 75 | €2,630 | €7,354 | +€4,725 | +180% |
| Financial charges | 65/66B | €836 | €382 | -€454 | -54.3% |
| Recurring financial charges | 65 | €836 | €382 | -€454 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €90,653 | €110,753 | +€20,100 | +22.2% |
| Income taxes | 67/77 | €20,011 | €23,662 | +€3,652 | +18.2% |
| Profit (loss) for the period | 9904 | €70,642 | €87,091 | +€16,449 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,642 | €87,091 | +€16,449 | +23.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.