Liveon: 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.
Liveon
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Cash +€37,521
up €37,521 (+32.9%), from €113,917 to €151,438
mainly Net result for the year (+€89,106) and Depreciation (+€3,453)
- Tangible fixed assets -€3,123
down €3,123 (-41.7%), from €7,490 to €4,367
- Reserves +€89,106
up €89,106 (+85.2%), from €104,596 to €193,701
- Tax, wage and social debts -€2,725
down €2,725 (-7.6%), from €35,693 to €32,967
of which Taxes: -€1,636
- Gross operating margin -€23,468
down €23,468 (-16.8%), from €140,048 to €116,580
- Taxes -€5,521
down €5,521 (-18.8%), from €29,337 to €23,815
- Financial income +€1,525
new in 2025: €1,525
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 | €147,283 | €235,032 | +€87,749 | +59.6% |
| Formation expenses | 20 | €329 | €0 | -€329 | -100.0% |
| Fixed assets | 21/28 | €7,490 | €4,367 | -€3,123 | -41.7% |
| Tangible fixed assets | 22/27 | €7,490 | €4,367 | -€3,123 | -41.7% |
| Furniture and vehicles | 24 | €7,490 | €4,367 | -€3,123 | -41.7% |
| Current assets | 29/58 | €139,464 | €230,665 | +€91,201 | +65.4% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Trade receivables | 290 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €25,386 | €27,545 | +€2,158 | +8.5% |
| Trade receivables | 40 | €25,056 | €27,545 | +€2,488 | +9.9% |
| Other amounts receivable | 41 | €330 | €0 | -€330 | -100.0% |
| Cash at bank and in hand | 54/58 | €113,917 | €151,438 | +€37,521 | +32.9% |
| Deferred charges and accrued income | 490/1 | €160 | €1,682 | +€1,522 | +951.8% |
| Total equity and liabilities | 10/49 | €147,283 | €235,032 | +€87,749 | +59.6% |
| Equity | 10/15 | €108,596 | €197,701 | +€89,106 | +82.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €104,596 | €193,701 | +€89,106 | +85.2% |
| Distributable reserves | 133 | €104,596 | €193,701 | +€89,106 | +85.2% |
| Amounts payable | 17/49 | €38,687 | €37,330 | -€1,357 | -3.5% |
| Amounts payable within one year | 42/48 | €38,437 | €37,330 | -€1,107 | -2.9% |
| Trade debts | 44 | €1,124 | €1,301 | +€177 | +15.7% |
| Suppliers | 440/4 | €1,124 | €1,301 | +€177 | +15.7% |
| Taxes, remuneration and social security | 45 | €35,693 | €32,967 | -€2,725 | -7.6% |
| Taxes | 450/3 | €34,604 | €32,967 | -€1,636 | -4.7% |
| Remuneration and social security | 454/9 | €1,089 | €0 | -€1,089 | -100.0% |
| Other amounts payable | 47/48 | €1,621 | €3,062 | +€1,442 | +89.0% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,278 | €3,453 | -€825 | -19.3% |
| Other operating charges | 640/8 | €159 | €155 | -€4 | -2.3% |
| Gross operating margin | 9900 | €140,048 | €116,580 | -€23,468 | -16.8% |
| Operating profit (loss) | 9901 | €135,611 | €112,972 | -€22,639 | -16.7% |
| Financial income | 75/76B | - | €1,525 | +€1,525 | |
| Recurring financial income | 75 | - | €1,525 | +€1,525 | |
| Financial charges | 65/66B | €1,678 | €1,576 | -€103 | -6.1% |
| Recurring financial charges | 65 | €1,678 | €1,576 | -€103 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €133,932 | €112,921 | -€21,011 | -15.7% |
| Income taxes | 67/77 | €29,337 | €23,815 | -€5,521 | -18.8% |
| Profit (loss) for the period | 9904 | €104,596 | €89,106 | -€15,490 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,596 | €89,106 | -€15,490 | -14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.