LIVEZ: 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.
LIVEZ
Largest movements
- Tangible fixed assets +€126,947
up €126,947 (+31.3%), from €405,040 to €531,987
- Cash -€87,774
down €87,774 (-38.0%), from €230,831 to €143,057
mainly Investment in fixed assets (net) (-€126,947) and Trade debts (-€40,146)
- Profit (loss) carried forward +€55,855
up €55,855 (+36.2%), from -€154,089 to -€98,234
- Trade debts -€40,146
down €40,146 (-28.5%), from €140,997 to €100,851
- Accrued charges and deferred income +€23,894
up €23,894 (+369.1%), from €6,473 to €30,367
- Gross operating margin +€168,884
up €168,884, from -€114,855 to €54,030
- Financial charges -€12,957
down €12,957, from €6,541 to -€6,416
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 | €643,381 | €682,984 | +€39,603 | +6.2% |
| Fixed assets | 21/28 | €412,550 | €539,497 | +€126,947 | +30.8% |
| Tangible fixed assets | 22/27 | €405,040 | €531,987 | +€126,947 | +31.3% |
| Assets under construction and advance payments | 27 | €405,040 | €531,987 | +€126,947 | +31.3% |
| Financial fixed assets | 28 | €7,510 | €7,510 | = | 0.0% |
| Current assets | 29/58 | €230,831 | €143,487 | -€87,344 | -37.8% |
| Cash at bank and in hand | 54/58 | €230,831 | €143,057 | -€87,774 | -38.0% |
| Deferred charges and accrued income | 490/1 | - | €430 | +€430 | |
| Total equity and liabilities | 10/49 | €643,381 | €682,984 | +€39,603 | +6.2% |
| Equity | 10/15 | -€34,089 | €21,766 | +€55,855 | |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,089 | -€98,234 | +€55,855 | +36.2% |
| Amounts payable | 17/49 | €677,470 | €661,218 | -€16,252 | -2.4% |
| Amounts payable after more than one year | 17 | €530,000 | €530,000 | = | 0.0% |
| Financial debts | 170/4 | €530,000 | €530,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €140,997 | €100,851 | -€40,146 | -28.5% |
| Trade debts | 44 | €140,997 | €100,851 | -€40,146 | -28.5% |
| Suppliers | 440/4 | €140,997 | €100,851 | -€40,146 | -28.5% |
| Accrued charges and deferred income | 492/3 | €6,473 | €30,367 | +€23,894 | +369.1% |
| Non-recurring operating income | 76A | €3,175 | €300 | -€2,875 | -90.6% |
| Other operating charges | 640/8 | €5,581 | €4,652 | -€929 | -16.6% |
| Gross operating margin | 9900 | -€114,855 | €54,030 | +€168,884 | |
| Operating profit (loss) | 9901 | -€120,435 | €49,378 | +€169,813 | |
| Financial income | 75/76B | €0 | €61 | +€61 | +40826.7% |
| Recurring financial income | 75 | €0 | €61 | +€61 | +40826.7% |
| Financial charges | 65/66B | €6,541 | -€6,416 | -€12,957 | |
| Recurring financial charges | 65 | €6,541 | -€6,416 | -€12,957 | |
| Profit (loss) for the period before taxes | 9903 | -€126,976 | €55,855 | +€182,831 | |
| Profit (loss) for the period | 9904 | -€126,976 | €55,855 | +€182,831 | |
| Profit (loss) for the period to be appropriated | 9905 | -€126,976 | €55,855 | +€182,831 |
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 7 October 2026 via checked.be.