LIVECO: what changed
Two fiscal 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.
LIVECO
Largest movements
- Receivables within one year -€95,355
down €95,355 (-45.5%), from €209,745 to €114,390
of which Other amounts receivable: -€100,662
- Cash -€7,877
down €7,877 (-9.2%), from €85,418 to €77,541
mainly Net result for the year (-€97,090) and Other debts (-€7,986)
- Profit (loss) carried forward -€97,090
down €97,090 (-67.2%), from -€144,445 to -€241,535
- Other debts -€7,986
down €7,986 (-4.1%), from €195,606 to €187,620
- Financial income -€117,149
no longer reported in 2025 (was €117,149)
- Financial charges +€99,257
up €99,257 (+5204.6%), from €1,907 to €101,164
- Gross operating margin +€12,033
up €12,033, from -€6,361 to €5,672
- Other operating charges -€850
down €850 (-98.3%), from €865 to €15
- Depreciation +€218
up €218 (+16.0%), from €1,365 to €1,583
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.
Cash bridge derived
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 | €299,868 | €196,075 | -€103,793 | -34.6% |
| Fixed assets | 21/28 | €3,972 | €3,480 | -€492 | -12.4% |
| Tangible fixed assets | 22/27 | €3,972 | €3,480 | -€492 | -12.4% |
| Plant, machinery and equipment | 23 | €2,393 | €2,061 | -€332 | -13.9% |
| Furniture and vehicles | 24 | €1,579 | €1,418 | -€161 | -10.2% |
| Current assets | 29/58 | €295,896 | €192,595 | -€103,301 | -34.9% |
| Amounts receivable within one year | 40/41 | €209,745 | €114,390 | -€95,355 | -45.5% |
| Trade receivables | 40 | €2,840 | €8,147 | +€5,307 | +186.9% |
| Other amounts receivable | 41 | €206,905 | €106,243 | -€100,662 | -48.7% |
| Cash at bank and in hand | 54/58 | €85,418 | €77,541 | -€7,877 | -9.2% |
| Deferred charges and accrued income | 490/1 | €733 | €664 | -€69 | -9.4% |
| Total equity and liabilities | 10/49 | €299,868 | €196,075 | -€103,793 | -34.6% |
| Equity | 10/15 | €101,939 | €4,849 | -€97,090 | -95.2% |
| Contributions | 10/11 | €55,500 | €55,500 | = | 0.0% |
| Reserves | 13 | €190,884 | €190,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,550 | €5,550 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,550 | €5,550 | = | 0.0% |
| Tax-exempt reserves | 132 | €716 | €716 | = | 0.0% |
| Distributable reserves | 133 | €184,618 | €184,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,445 | -€241,535 | -€97,090 | -67.2% |
| Amounts payable | 17/49 | €197,929 | €191,226 | -€6,703 | -3.4% |
| Amounts payable within one year | 42/48 | €197,929 | €191,226 | -€6,703 | -3.4% |
| Trade debts | 44 | €1,593 | €252 | -€1,341 | -84.2% |
| Suppliers | 440/4 | €1,593 | €252 | -€1,341 | -84.2% |
| Taxes, remuneration and social security | 45 | €730 | €3,354 | +€2,625 | +359.7% |
| Taxes | 450/3 | €730 | €3,354 | +€2,625 | +359.7% |
| Other amounts payable | 47/48 | €195,606 | €187,620 | -€7,986 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,365 | €1,583 | +€218 | +16.0% |
| Other operating charges | 640/8 | €865 | €15 | -€850 | -98.3% |
| Gross operating margin | 9900 | -€6,361 | €5,672 | +€12,033 | |
| Operating profit (loss) | 9901 | -€8,591 | €4,074 | +€12,665 | |
| Financial income | 75/76B | €117,149 | - | -€117,149 | |
| Recurring financial income | 75 | €117,149 | - | -€117,149 | |
| Financial charges | 65/66B | €1,907 | €101,164 | +€99,257 | +5204.6% |
| Recurring financial charges | 65 | €1,907 | €101,164 | +€99,257 | +5204.6% |
| Profit (loss) for the period before taxes | 9903 | €106,650 | -€97,090 | -€203,741 | |
| Profit (loss) for the period | 9904 | €106,650 | -€97,090 | -€203,741 | |
| Profit (loss) for the period to be appropriated | 9905 | €106,650 | -€97,090 | -€203,741 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.