LIVE & CO: 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.
LIVE & CO
Largest movements
- Current investments +€120,413
up €120,413 (+402%), from €29,988 to €150,401
- Stocks and contracts -€32,343
no longer reported in 2025 (was €32,343)
- Cash -€15,382
down €15,382 (-72.8%), from €21,122 to €5,740
mainly Current investments (-€120,413) and Trade debts (-€19,843)
- Receivables after one year +€9,035
new in 2025: €9,035
- Receivables within one year -€2,920
down €2,920 (-43.2%), from €6,762 to €3,842
of which Trade receivables: -€2,853
- Reserves +€76,311
up €76,311 (+1,058%), from €7,211 to €83,522
of which Tax-exempt reserves: +€74,721
- Provisions +€24,907
new in 2025: €24,907
- Trade debts -€19,843
down €19,843 (-88.5%), from €22,425 to €2,582
- Tax, wage and social debts -€8,475
down €8,475 (-99.1%), from €8,555 to €80
of which Taxes: -€6,332
- Profit (loss) carried forward +€4,677
up €4,677 (+145%), from €3,218 to €7,895
- Gross operating margin +€101,785
up €101,785 (+289%), from €35,240 to €137,024
- Staff costs -€5,169
down €5,169 (-29.2%), from €17,677 to €12,508
- Other operating charges -€2,196
down €2,196 (-30.1%), from €7,294 to €5,097
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 | €105,476 | €180,987 | +€75,511 | +71.6% |
| Fixed assets | 21/28 | €10,989 | €8,798 | -€2,191 | -19.9% |
| Tangible fixed assets | 22/27 | €10,816 | €8,749 | -€2,067 | -19.1% |
| Plant, machinery and equipment | 23 | €7,639 | €6,589 | -€1,050 | -13.8% |
| Furniture and vehicles | 24 | €3,177 | €2,160 | -€1,017 | -32.0% |
| Financial fixed assets | 28 | €174 | €50 | -€124 | -71.4% |
| Current assets | 29/58 | €94,486 | €172,189 | +€77,702 | +82.2% |
| Amounts receivable after more than one year | 29 | - | €9,035 | +€9,035 | |
| Other amounts receivable | 291 | - | €9,035 | +€9,035 | |
| Stocks and contracts in progress | 3 | €32,343 | - | -€32,343 | |
| Stocks | 30/36 | €32,343 | - | -€32,343 | |
| Amounts receivable within one year | 40/41 | €6,762 | €3,842 | -€2,920 | -43.2% |
| Trade receivables | 40 | €6,694 | €3,842 | -€2,853 | -42.6% |
| Other amounts receivable | 41 | €68 | - | -€68 | |
| Current investments | 50/53 | €29,988 | €150,401 | +€120,413 | +402% |
| Cash at bank and in hand | 54/58 | €21,122 | €5,740 | -€15,382 | -72.8% |
| Deferred charges and accrued income | 490/1 | €4,271 | €3,171 | -€1,100 | -25.8% |
| Total equity and liabilities | 10/49 | €105,476 | €180,987 | +€75,511 | +71.6% |
| Equity | 10/15 | €72,429 | €153,417 | +€80,988 | +112% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,211 | €83,522 | +€76,311 | +1,058% |
| Non-distributable reserves | 130/1 | €4,610 | €6,200 | +€1,590 | +34.5% |
| Legal reserve | 130 | €4,610 | €6,200 | +€1,590 | +34.5% |
| Tax-exempt reserves | 132 | €2,601 | €77,322 | +€74,721 | +2,872% |
| Profit (loss) carried forward | 14 | €3,218 | €7,895 | +€4,677 | +145% |
| Provisions and deferred taxes | 16 | - | €24,907 | +€24,907 | |
| Deferred taxes | 168 | - | €24,907 | +€24,907 | |
| Amounts payable | 17/49 | €33,047 | €2,663 | -€30,384 | -91.9% |
| Amounts payable within one year | 42/48 | €30,980 | €2,663 | -€28,317 | -91.4% |
| Trade debts | 44 | €22,425 | €2,582 | -€19,843 | -88.5% |
| Suppliers | 440/4 | €22,425 | €2,582 | -€19,843 | -88.5% |
| Taxes, remuneration and social security | 45 | €8,555 | €80 | -€8,475 | -99.1% |
| Taxes | 450/3 | €6,412 | €80 | -€6,332 | -98.7% |
| Remuneration and social security | 454/9 | €2,143 | - | -€2,143 | |
| Accrued charges and deferred income | 492/3 | €2,067 | - | -€2,067 | |
| Non-recurring operating income | 76A | - | €99,628 | +€99,628 | |
| Remuneration, social security and pensions | 62 | €17,677 | €12,508 | -€5,169 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,796 | €1,695 | -€101 | -5.6% |
| Other operating charges | 640/8 | €7,294 | €5,097 | -€2,196 | -30.1% |
| Non-recurring operating charges | 66A | - | €7,917 | +€7,917 | |
| Gross operating margin | 9900 | €35,240 | €137,024 | +€101,785 | +289% |
| Operating profit (loss) | 9901 | €8,472 | €109,807 | +€101,334 | +1,196% |
| Financial income | 75/76B | €401 | €588 | +€187 | +46.8% |
| Recurring financial income | 75 | €401 | €588 | +€187 | +46.8% |
| Financial charges | 65/66B | €2,945 | €2,708 | -€237 | -8.0% |
| Recurring financial charges | 65 | €2,945 | €2,708 | -€237 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €5,928 | €107,687 | +€101,759 | +1,717% |
| Transfer to deferred taxes | 680 | - | €24,907 | +€24,907 | |
| Income taxes | 67/77 | €1,729 | €1,792 | +€63 | +3.6% |
| Profit (loss) for the period | 9904 | €4,199 | €80,988 | +€76,789 | +1,829% |
| Transfer to tax-exempt reserves | 689 | - | €74,721 | +€74,721 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,199 | €6,267 | +€2,068 | +49.3% |
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 30 October 2026 via checked.be.