Live to Flow: 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 to Flow
Largest movements
- Receivables within one year -€17,088
down €17,088 (-17.5%), from €97,637 to €80,549
of which Trade receivables: -€8,988
- Tangible fixed assets -€9,624
down €9,624 (-38.6%), from €24,954 to €15,331
- Cash +€9,470
up €9,470 (+949%), from €998 to €10,468
mainly Net result for the year (+€17,136) and Receivables within one year (+€17,088)
- Other debts -€29,850
down €29,850 (-14.3%), from €209,378 to €179,528
- Profit (loss) carried forward +€17,136
up €17,136 (+20.1%), from -€85,429 to -€68,292
- Debts after one year -€5,423
down €5,423 (-36.0%), from €15,073 to €9,650
- Taxes +€6,539
up €6,539 (+1,614%), from €405 to €6,944
- Depreciation +€5,707
up €5,707 (+146%), from €3,917 to €9,624
- Gross operating margin +€3,236
up €3,236 (+8.1%), from €39,937 to €43,173
- Other operating charges -€644
down €644 (-20.4%), from €3,161 to €2,518
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 | €174,698 | €158,617 | -€16,080 | -9.2% |
| Fixed assets | 21/28 | €74,854 | €65,231 | -€9,624 | -12.9% |
| Tangible fixed assets | 22/27 | €24,954 | €15,331 | -€9,624 | -38.6% |
| Furniture and vehicles | 24 | €24,954 | €15,331 | -€9,624 | -38.6% |
| Financial fixed assets | 28 | €49,900 | €49,900 | = | 0.0% |
| Current assets | 29/58 | €99,843 | €93,387 | -€6,456 | -6.5% |
| Amounts receivable within one year | 40/41 | €97,637 | €80,549 | -€17,088 | -17.5% |
| Trade receivables | 40 | €9,214 | €226 | -€8,988 | -97.5% |
| Other amounts receivable | 41 | €88,424 | €80,323 | -€8,101 | -9.2% |
| Cash at bank and in hand | 54/58 | €998 | €10,468 | +€9,470 | +949% |
| Deferred charges and accrued income | 490/1 | €1,208 | €2,370 | +€1,162 | +96.1% |
| Total equity and liabilities | 10/49 | €174,698 | €158,617 | -€16,080 | -9.2% |
| Equity | 10/15 | -€66,536 | -€49,400 | +€17,136 | +25.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €293 | €293 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €293 | €293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,429 | -€68,292 | +€17,136 | +20.1% |
| Amounts payable | 17/49 | €241,234 | €208,017 | -€33,217 | -13.8% |
| Amounts payable after more than one year | 17 | €15,073 | €9,650 | -€5,423 | -36.0% |
| Financial debts | 170/4 | €15,073 | €9,650 | -€5,423 | -36.0% |
| Amounts payable within one year | 42/48 | €220,161 | €192,367 | -€27,794 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €5,163 | €5,423 | +€260 | +5.0% |
| Trade debts | 44 | €931 | €1,139 | +€208 | +22.4% |
| Suppliers | 440/4 | €931 | €1,139 | +€208 | +22.4% |
| Taxes, remuneration and social security | 45 | €4,690 | €6,278 | +€1,588 | +33.9% |
| Taxes | 450/3 | €4,690 | €6,278 | +€1,588 | +33.9% |
| Other amounts payable | 47/48 | €209,378 | €179,528 | -€29,850 | -14.3% |
| Accrued charges and deferred income | 492/3 | €6,000 | €6,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,917 | €9,624 | +€5,707 | +146% |
| Other operating charges | 640/8 | €3,161 | €2,518 | -€644 | -20.4% |
| Gross operating margin | 9900 | €39,937 | €43,173 | +€3,236 | +8.1% |
| Operating profit (loss) | 9901 | €32,859 | €31,031 | -€1,827 | -5.6% |
| Financial income | 75/76B | €0 | €1 | +€0 | +87.9% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +87.9% |
| Financial charges | 65/66B | €6,661 | €6,951 | +€291 | +4.4% |
| Recurring financial charges | 65 | €6,661 | €6,951 | +€291 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €26,198 | €24,080 | -€2,118 | -8.1% |
| Income taxes | 67/77 | €405 | €6,944 | +€6,539 | +1,614% |
| Profit (loss) for the period | 9904 | €25,793 | €17,136 | -€8,656 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,793 | €17,136 | -€8,656 | -33.6% |
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 17 October 2026 via checked.be.