LIVECOM: 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.
LIVECOM
Largest movements
- Receivables within one year +€22,695
up €22,695 (+191%), from €11,862 to €34,558
- Financial fixed assets -€5,000
no longer reported in 2025 (was €5,000)
- Cash -€3,108
down €3,108 (-60.7%), from €5,122 to €2,014
mainly Receivables within one year (-€22,695) and Trade debts (-€15,048)
- Profit (loss) carried forward +€26,608
up €26,608, from -€11,835 to €14,773
- Trade debts -€15,048
down €15,048 (-78.0%), from €19,283 to €4,235
- Tax, wage and social debts +€4,888
up €4,888 (+315%), from €1,553 to €6,442
- Current portion of long-term debt -€2,070
no longer reported in 2025 (was €2,070)
- Gross operating margin +€32,528
up €32,528, from -€4,851 to €27,677
- Other operating charges +€781
new in 2025: €781
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 | €21,990 | €36,577 | +€14,587 | +66.3% |
| Fixed assets | 21/28 | €5,000 | - | -€5,000 | |
| Financial fixed assets | 28 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €16,990 | €36,577 | +€19,587 | +115% |
| Amounts receivable within one year | 40/41 | €11,862 | €34,558 | +€22,695 | +191% |
| Trade receivables | 40 | €11,862 | €34,558 | +€22,695 | +191% |
| Current investments | 50/53 | €6 | €6 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,122 | €2,014 | -€3,108 | -60.7% |
| Total equity and liabilities | 10/49 | €21,990 | €36,577 | +€14,587 | +66.3% |
| Equity | 10/15 | -€3,515 | €23,093 | +€26,608 | |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Capital | 10 | €6,400 | €6,400 | = | 0.0% |
| Issued capital | 100 | €19,200 | €19,200 | = | 0.0% |
| Uncalled capital | 101 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €1,920 | €1,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,920 | €1,920 | = | 0.0% |
| Legal reserve | 130 | €1,920 | €1,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,835 | €14,773 | +€26,608 | |
| Amounts payable | 17/49 | €25,505 | €13,485 | -€12,021 | -47.1% |
| Amounts payable within one year | 42/48 | €25,505 | €13,485 | -€12,021 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €2,070 | - | -€2,070 | |
| Trade debts | 44 | €19,283 | €4,235 | -€15,048 | -78.0% |
| Suppliers | 440/4 | €19,283 | €4,235 | -€15,048 | -78.0% |
| Taxes, remuneration and social security | 45 | €1,553 | €6,442 | +€4,888 | +315% |
| Taxes | 450/3 | €1,553 | €6,442 | +€4,888 | +315% |
| Other amounts payable | 47/48 | €2,599 | €2,808 | +€209 | +8.1% |
| Other operating charges | 640/8 | - | €781 | +€781 | |
| Gross operating margin | 9900 | -€4,851 | €27,677 | +€32,528 | |
| Operating profit (loss) | 9901 | -€4,851 | €26,897 | +€31,748 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €254 | €289 | +€35 | +13.7% |
| Recurring financial charges | 65 | €254 | €289 | +€35 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,105 | €26,608 | +€31,712 | |
| Profit (loss) for the period | 9904 | -€5,105 | €26,608 | +€31,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,105 | €26,608 | +€31,712 |
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 15 October 2026 via checked.be.