Livenco: 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.
Livenco
Largest movements
- Stocks and contracts +€509,674
up €509,674 (+201%), from €253,861 to €763,534
- Cash -€240,524
down €240,524 (-68.8%), from €349,790 to €109,266
mainly Stocks and contracts (-€509,674) and Contributions, distributions and other (-€134,044)
- Current investments -€84,498
down €84,498 (-10.4%), from €812,968 to €728,469
- Tangible fixed assets -€22,161
down €22,161 (-37.0%), from €59,854 to €37,693
of which Furniture and vehicles: -€20,834
- Receivables within one year -€20,613
down €20,613 (-51.1%), from €40,375 to €19,763
of which Trade receivables: -€24,808
- Reserves +€98,067
up €98,067 (+8.5%), from €1.2m to €1.3m
- Other debts +€59,053
up €59,053 (+22.5%), from €262,167 to €321,220
- Tax, wage and social debts -€19,160
down €19,160 (-47.5%), from €40,309 to €21,150
- Trade debts +€18,657
up €18,657 (+463%), from €4,029 to €22,686
- Gross operating margin -€21,898
down €21,898 (-5.9%), from €371,261 to €349,363
- Taxes -€6,253
down €6,253 (-5.9%), from €106,532 to €100,279
- Financial income +€4,706
up €4,706 (+28.3%), from €16,624 to €21,331
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 | €1,526,934 | €1,669,403 | +€142,469 | +9.3% |
| Fixed assets | 21/28 | €60,606 | €38,445 | -€22,161 | -36.6% |
| Tangible fixed assets | 22/27 | €59,854 | €37,693 | -€22,161 | -37.0% |
| Furniture and vehicles | 24 | €50,327 | €29,492 | -€20,834 | -41.4% |
| Other tangible fixed assets | 26 | €9,527 | €8,201 | -€1,326 | -13.9% |
| Financial fixed assets | 28 | €752 | €752 | = | 0.0% |
| Current assets | 29/58 | €1,466,328 | €1,630,958 | +€164,629 | +11.2% |
| Stocks and contracts in progress | 3 | €253,861 | €763,534 | +€509,674 | +201% |
| Stocks | 30/36 | €253,861 | €763,534 | +€509,674 | +201% |
| Amounts receivable within one year | 40/41 | €40,375 | €19,763 | -€20,613 | -51.1% |
| Trade receivables | 40 | €39,112 | €14,305 | -€24,808 | -63.4% |
| Other amounts receivable | 41 | €1,263 | €5,458 | +€4,195 | +332% |
| Current investments | 50/53 | €812,968 | €728,469 | -€84,498 | -10.4% |
| Cash at bank and in hand | 54/58 | €349,790 | €109,266 | -€240,524 | -68.8% |
| Deferred charges and accrued income | 490/1 | €9,334 | €9,925 | +€591 | +6.3% |
| Total equity and liabilities | 10/49 | €1,526,934 | €1,669,403 | +€142,469 | +9.3% |
| Equity | 10/15 | €1,168,510 | €1,266,576 | +€98,067 | +8.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,156,110 | €1,254,176 | +€98,067 | +8.5% |
| Distributable reserves | 133 | €1,156,110 | €1,254,176 | +€98,067 | +8.5% |
| Amounts payable | 17/49 | €358,425 | €402,826 | +€44,402 | +12.4% |
| Amounts payable after more than one year | 17 | €21,054 | €10,585 | -€10,469 | -49.7% |
| Financial debts | 170/4 | €21,054 | €10,585 | -€10,469 | -49.7% |
| Amounts payable within one year | 42/48 | €316,861 | €375,526 | +€58,665 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €10,356 | €10,469 | +€114 | +1.1% |
| Trade debts | 44 | €4,029 | €22,686 | +€18,657 | +463% |
| Suppliers | 440/4 | €4,029 | €22,686 | +€18,657 | +463% |
| Taxes, remuneration and social security | 45 | €40,309 | €21,150 | -€19,160 | -47.5% |
| Taxes | 450/3 | €40,309 | €21,150 | -€19,160 | -47.5% |
| Other amounts payable | 47/48 | €262,167 | €321,220 | +€59,053 | +22.5% |
| Accrued charges and deferred income | 492/3 | €20,509 | €16,716 | -€3,793 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,724 | €22,161 | +€437 | +2.0% |
| Other operating charges | 640/8 | €3,936 | €2,369 | -€1,567 | -39.8% |
| Gross operating margin | 9900 | €371,261 | €349,363 | -€21,898 | -5.9% |
| Operating profit (loss) | 9901 | €345,601 | €324,833 | -€20,768 | -6.0% |
| Financial income | 75/76B | €16,624 | €21,331 | +€4,706 | +28.3% |
| Recurring financial income | 75 | €16,624 | €21,331 | +€4,706 | +28.3% |
| Financial charges | 65/66B | €15,450 | €13,774 | -€1,676 | -10.8% |
| Recurring financial charges | 65 | €15,450 | €13,774 | -€1,676 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €346,775 | €332,390 | -€14,386 | -4.1% |
| Income taxes | 67/77 | €106,532 | €100,279 | -€6,253 | -5.9% |
| Profit (loss) for the period | 9904 | €240,243 | €232,111 | -€8,132 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €240,243 | €232,111 | -€8,132 | -3.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.