LIVET & FILLES: 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.
LIVET & FILLES
Largest movements
- Stocks and contracts +€27,598
up €27,598 (+43.1%), from €64,065 to €91,663
- Cash -€15,064
down €15,064 (-42.8%), from €35,166 to €20,102
mainly Trade debts (-€58,386) and Stocks and contracts (-€27,598)
- Receivables within one year +€14,116
up €14,116 (+6.5%), from €216,900 to €231,016
of which Trade receivables: +€12,895
- Debts after one year +€82,483
new in 2025: €82,483
- Trade debts -€58,386
down €58,386 (-59.9%), from €97,468 to €39,083
- Current portion of long-term debt +€16,747
up €16,747 (+277%), from €6,046 to €22,792
- Profit (loss) carried forward -€12,466
down €12,466 (-19.3%), from €64,689 to €52,223
- Gross operating margin -€58,820
down €58,820 (-22.7%), from €259,139 to €200,320
- Taxes -€15,701
no longer reported in 2025 (was €15,701)
- Other operating charges -€6,275
down €6,275 (-92.2%), from €6,805 to €530
- Staff costs +€4,115
up €4,115 (+2.0%), from €201,353 to €205,467
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 | €318,761 | €345,411 | +€26,650 | +8.4% |
| Fixed assets | 21/28 | €2,630 | €2,630 | = | 0.0% |
| Financial fixed assets | 28 | €2,630 | €2,630 | = | 0.0% |
| Current assets | 29/58 | €316,131 | €342,781 | +€26,650 | +8.4% |
| Stocks and contracts in progress | 3 | €64,065 | €91,663 | +€27,598 | +43.1% |
| Stocks | 30/36 | €64,065 | €91,663 | +€27,598 | +43.1% |
| Amounts receivable within one year | 40/41 | €216,900 | €231,016 | +€14,116 | +6.5% |
| Trade receivables | 40 | €156,318 | €169,213 | +€12,895 | +8.2% |
| Other amounts receivable | 41 | €60,582 | €61,803 | +€1,221 | +2.0% |
| Cash at bank and in hand | 54/58 | €35,166 | €20,102 | -€15,064 | -42.8% |
| Total equity and liabilities | 10/49 | €318,761 | €345,411 | +€26,650 | +8.4% |
| Equity | 10/15 | €189,689 | €177,223 | -€12,466 | -6.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €85,000 | €85,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,689 | €52,223 | -€12,466 | -19.3% |
| Amounts payable | 17/49 | €129,072 | €168,188 | +€39,117 | +30.3% |
| Amounts payable after more than one year | 17 | - | €82,483 | +€82,483 | |
| Financial debts | 170/4 | - | €82,483 | +€82,483 | |
| Amounts payable within one year | 42/48 | €129,072 | €85,706 | -€43,366 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €6,046 | €22,792 | +€16,747 | +277% |
| Trade debts | 44 | €97,468 | €39,083 | -€58,386 | -59.9% |
| Suppliers | 440/4 | €97,468 | €39,083 | -€58,386 | -59.9% |
| Taxes, remuneration and social security | 45 | €25,395 | €23,668 | -€1,727 | -6.8% |
| Taxes | 450/3 | €4,831 | €2 | -€4,829 | -100.0% |
| Remuneration and social security | 454/9 | €20,564 | €23,666 | +€3,102 | +15.1% |
| Other amounts payable | 47/48 | €163 | €163 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €201,353 | €205,467 | +€4,115 | +2.0% |
| Other operating charges | 640/8 | €6,805 | €530 | -€6,275 | -92.2% |
| Gross operating margin | 9900 | €259,139 | €200,320 | -€58,820 | -22.7% |
| Operating profit (loss) | 9901 | €50,981 | -€5,677 | -€56,659 | |
| Financial income | 75/76B | €756 | €1 | -€755 | -99.9% |
| Recurring financial income | 75 | €756 | €1 | -€755 | -99.9% |
| Financial charges | 65/66B | €4,230 | €6,790 | +€2,560 | +60.5% |
| Recurring financial charges | 65 | €4,230 | €6,790 | +€2,560 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €47,508 | -€12,466 | -€59,974 | |
| Income taxes | 67/77 | €15,701 | - | -€15,701 | |
| Profit (loss) for the period | 9904 | €31,807 | -€12,466 | -€44,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,807 | -€12,466 | -€44,273 |
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 26 October 2026 via checked.be.