Livewire by Haike: 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.
Livewire by Haike
Largest movements
- Tangible fixed assets -€12,843
down €12,843 (-21.3%), from €60,361 to €47,519
- Cash -€4,565
down €4,565 (-56.6%), from €8,067 to €3,502
mainly Other debts (-€10,340) and Receivables within one year (-€4,121)
- Receivables within one year +€4,121
up €4,121 (+19.9%), from €20,721 to €24,842
of which Other amounts receivable: +€11,256
- Other debts -€10,340
down €10,340 (-40.8%), from €25,340 to €15,000
- Trade debts -€4,096
down €4,096 (-80.8%), from €5,071 to €975
- Tax, wage and social debts +€3,637
up €3,637 (+3,031%), from €120 to €3,757
- Profit (loss) carried forward -€2,792
down €2,792 (-14.7%), from -€18,965 to -€21,758
- Gross operating margin +€11,648
up €11,648 (+658%), from €1,770 to €13,417
- Depreciation +€5,369
up €5,369 (+55.6%), from €9,655 to €15,024
- Other operating charges -€1,111
down €1,111 (-56.7%), from €1,958 to €847
- Taxes +€420
up €420 (+350%), from €120 to €540
- Financial income +€308
up €308, from €0 to €308
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 | €91,566 | €77,975 | -€13,592 | -14.8% |
| Fixed assets | 21/28 | €62,258 | €48,885 | -€13,372 | -21.5% |
| Intangible fixed assets | 21 | €1,897 | €1,367 | -€530 | -27.9% |
| Tangible fixed assets | 22/27 | €60,361 | €47,519 | -€12,843 | -21.3% |
| Furniture and vehicles | 24 | €60,361 | €47,519 | -€12,843 | -21.3% |
| Current assets | 29/58 | €29,309 | €29,089 | -€219 | -0.7% |
| Amounts receivable within one year | 40/41 | €20,721 | €24,842 | +€4,121 | +19.9% |
| Trade receivables | 40 | €20,721 | €13,585 | -€7,136 | -34.4% |
| Other amounts receivable | 41 | €0 | €11,256 | +€11,256 | |
| Cash at bank and in hand | 54/58 | €8,067 | €3,502 | -€4,565 | -56.6% |
| Deferred charges and accrued income | 490/1 | €520 | €746 | +€225 | +43.3% |
| Total equity and liabilities | 10/49 | €91,566 | €77,975 | -€13,592 | -14.8% |
| Equity | 10/15 | -€13,965 | -€16,758 | -€2,792 | -20.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,965 | -€21,758 | -€2,792 | -14.7% |
| Amounts payable | 17/49 | €105,531 | €94,732 | -€10,799 | -10.2% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,531 | €19,732 | -€10,799 | -35.4% |
| Trade debts | 44 | €5,071 | €975 | -€4,096 | -80.8% |
| Suppliers | 440/4 | €5,071 | €975 | -€4,096 | -80.8% |
| Taxes, remuneration and social security | 45 | €120 | €3,757 | +€3,637 | +3,031% |
| Taxes | 450/3 | €120 | €3,757 | +€3,637 | +3,031% |
| Other amounts payable | 47/48 | €25,340 | €15,000 | -€10,340 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,655 | €15,024 | +€5,369 | +55.6% |
| Other operating charges | 640/8 | €1,958 | €847 | -€1,111 | -56.7% |
| Gross operating margin | 9900 | €1,770 | €13,417 | +€11,648 | +658% |
| Operating profit (loss) | 9901 | -€9,843 | -€2,453 | +€7,390 | +75.1% |
| Financial income | 75/76B | €0 | €308 | +€308 | |
| Recurring financial income | 75 | €0 | €308 | +€308 | |
| Financial charges | 65/66B | €78 | €107 | +€29 | +36.8% |
| Recurring financial charges | 65 | €78 | €107 | +€29 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,921 | -€2,252 | +€7,669 | +77.3% |
| Income taxes | 67/77 | €120 | €540 | +€420 | +350% |
| Profit (loss) for the period | 9904 | -€10,041 | -€2,792 | +€7,249 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,041 | -€2,792 | +€7,249 | +72.2% |
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 31 October 2026 via checked.be.