LIVELLO: 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.
LIVELLO
Largest movements
- Tangible fixed assets +€252,505
up €252,505 (+68.9%), from €366,294 to €618,800
- Cash +€226,375
up €226,375 (+1806.0%), from €12,535 to €238,910
mainly Trade debts (+€270,660) and Debts after one year (+€245,000)
- Receivables within one year -€12,994
down €12,994 (-97.1%), from €13,385 to €391
- Trade debts +€270,660
up €270,660 (+2660.8%), from €10,172 to €280,832
- Debts after one year +€245,000
up €245,000 (+128.9%), from €190,000 to €435,000
- Current portion of long-term debt -€32,026
down €32,026 (-100.0%), from €32,026 to €0
- Depreciation +€36,697
up €36,697 (+214.6%), from €17,099 to €53,796
- Taxes -€8,994
down €8,994, from €8,989 to -€5
- Gross operating margin +€2,835
up €2,835 (+5.7%), from €49,616 to €52,451
- Financial charges -€2,485
down €2,485 (-71.8%), from €3,458 to €974
- Financial income +€1,077
up €1,077 (+27967.8%), from €4 to €1,081
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 | €392,214 | €858,100 | +€465,886 | +118.8% |
| Fixed assets | 21/28 | €366,294 | €618,800 | +€252,505 | +68.9% |
| Tangible fixed assets | 22/27 | €366,294 | €618,800 | +€252,505 | +68.9% |
| Land and buildings | 22 | €366,294 | €618,800 | +€252,505 | +68.9% |
| Current assets | 29/58 | €25,920 | €239,300 | +€213,380 | +823.2% |
| Amounts receivable within one year | 40/41 | €13,385 | €391 | -€12,994 | -97.1% |
| Trade receivables | 40 | €13,385 | €391 | -€12,994 | -97.1% |
| Cash at bank and in hand | 54/58 | €12,535 | €238,910 | +€226,375 | +1806.0% |
| Total equity and liabilities | 10/49 | €392,214 | €858,100 | +€465,886 | +118.8% |
| Equity | 10/15 | €124,480 | €121,078 | -€3,403 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,750 | €102,450 | -€3,300 | -3.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €105,750 | €102,450 | -€3,300 | -3.1% |
| Profit (loss) carried forward | 14 | €130 | €28 | -€103 | -78.6% |
| Amounts payable | 17/49 | €267,734 | €737,022 | +€469,288 | +175.3% |
| Amounts payable after more than one year | 17 | €190,000 | €435,000 | +€245,000 | +128.9% |
| Financial debts | 170/4 | €190,000 | €435,000 | +€245,000 | +128.9% |
| Amounts payable within one year | 42/48 | €74,984 | €302,022 | +€227,038 | +302.8% |
| Current portion of amounts payable after more than one year | 42 | €32,026 | €0 | -€32,026 | -100.0% |
| Financial debts | 43 | €11,984 | €11,984 | = | 0.0% |
| Credit institutions | 430/8 | €11,984 | €11,984 | = | 0.0% |
| Trade debts | 44 | €10,172 | €280,832 | +€270,660 | +2660.8% |
| Suppliers | 440/4 | €10,172 | €280,832 | +€270,660 | +2660.8% |
| Taxes, remuneration and social security | 45 | €12,993 | €4,876 | -€8,117 | -62.5% |
| Taxes | 450/3 | €12,993 | €4,876 | -€8,117 | -62.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,808 | €4,330 | -€3,479 | -44.6% |
| Accrued charges and deferred income | 492/3 | €2,750 | €0 | -€2,750 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,099 | €53,796 | +€36,697 | +214.6% |
| Other operating charges | 640/8 | €2,104 | €2,170 | +€66 | +3.1% |
| Gross operating margin | 9900 | €49,616 | €52,451 | +€2,835 | +5.7% |
| Operating profit (loss) | 9901 | €30,413 | -€3,515 | -€33,928 | |
| Financial income | 75/76B | €4 | €1,081 | +€1,077 | +27967.8% |
| Recurring financial income | 75 | €4 | €1,081 | +€1,077 | +27967.8% |
| Financial charges | 65/66B | €3,458 | €974 | -€2,485 | -71.8% |
| Recurring financial charges | 65 | €3,458 | €974 | -€2,485 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €26,958 | -€3,408 | -€30,366 | |
| Income taxes | 67/77 | €8,989 | -€5 | -€8,994 | |
| Profit (loss) for the period | 9904 | €17,970 | -€3,403 | -€21,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,970 | -€3,403 | -€21,372 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.