LIVIA: 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.
LIVIA
Largest movements
- Intangible fixed assets -€5,618
down €5,618 (-29.5%), from €19,056 to €13,439
- Tangible fixed assets -€2,325
down €2,325 (-51.2%), from €4,543 to €2,218
of which Furniture and vehicles: -€2,325
- Cash +€1,239
up €1,239 (+4,162%), from €30 to €1,268
mainly Depreciation (+€7,943) and Net result for the year (+€6,103)
- Reserves -€19,300
down €19,300 (-91.2%), from €21,160 to €1,860
- Profit (loss) carried forward +€6,103
up €6,103 (+75.7%), from -€8,064 to -€1,961
- Trade debts +€5,328
up €5,328 (+55.6%), from €9,588 to €14,915
- Tax, wage and social debts +€1,793
up €1,793 (+3.1%), from €57,218 to €59,011
of which Remuneration and social security: +€10,448
- Staff costs +€46,091
up €46,091 (+32.7%), from €141,091 to €187,182
- Turnover +€34,552
up €34,552 (+15.5%), from €223,207 to €257,759
- Gross operating margin +€28,014
up €28,014 (+15.1%), from €185,847 to €213,861
- Purchases and services +€16,560
up €16,560 (+25.1%), from €66,032 to €82,592
- Financial charges -€6,015
down €6,015 (-37.5%), from €16,025 to €10,010
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 | €86,102 | €80,025 | -€6,076 | -7.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €25,608 | €17,665 | -€7,943 | -31.0% |
| Intangible fixed assets | 21 | €19,056 | €13,439 | -€5,618 | -29.5% |
| Tangible fixed assets | 22/27 | €4,543 | €2,218 | -€2,325 | -51.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €4,543 | €2,218 | -€2,325 | -51.2% |
| Financial fixed assets | 28 | €2,009 | €2,009 | = | 0.0% |
| Current assets | 29/58 | €60,493 | €62,360 | +€1,867 | +3.1% |
| Amounts receivable within one year | 40/41 | €60,463 | €61,092 | +€628 | +1.0% |
| Trade receivables | 40 | €51,530 | €58,344 | +€6,814 | +13.2% |
| Other amounts receivable | 41 | €8,934 | €2,748 | -€6,186 | -69.2% |
| Cash at bank and in hand | 54/58 | €30 | €1,268 | +€1,239 | +4,162% |
| Total equity and liabilities | 10/49 | €86,102 | €80,025 | -€6,076 | -7.1% |
| Equity | 10/15 | €19,296 | €6,099 | -€13,197 | -68.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,160 | €1,860 | -€19,300 | -91.2% |
| Distributable reserves | 133 | €21,160 | €1,860 | -€19,300 | -91.2% |
| Profit (loss) carried forward | 14 | -€8,064 | -€1,961 | +€6,103 | +75.7% |
| Amounts payable | 17/49 | €66,805 | €73,926 | +€7,121 | +10.7% |
| Amounts payable within one year | 42/48 | €66,805 | €73,926 | +€7,121 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,588 | €14,915 | +€5,328 | +55.6% |
| Suppliers | 440/4 | €9,588 | €14,915 | +€5,328 | +55.6% |
| Taxes, remuneration and social security | 45 | €57,218 | €59,011 | +€1,793 | +3.1% |
| Taxes | 450/3 | €35,098 | €26,444 | -€8,655 | -24.7% |
| Remuneration and social security | 454/9 | €22,119 | €32,567 | +€10,448 | +47.2% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €223,207 | €257,759 | +€34,552 | +15.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,032 | €82,592 | +€16,560 | +25.1% |
| Remuneration, social security and pensions | 62 | €141,091 | €187,182 | +€46,091 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,465 | €7,943 | -€1,522 | -16.1% |
| Other operating charges | 640/8 | €419 | - | -€419 | |
| Gross operating margin | 9900 | €185,847 | €213,861 | +€28,014 | +15.1% |
| Operating profit (loss) | 9901 | €34,872 | €18,736 | -€16,136 | -46.3% |
| Financial income | 75/76B | €6 | €13 | +€7 | +119% |
| Recurring financial income | 75 | €6 | €13 | +€7 | +119% |
| Financial charges | 65/66B | €16,025 | €10,010 | -€6,015 | -37.5% |
| Recurring financial charges | 65 | €16,025 | €10,010 | -€6,015 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €18,853 | €8,739 | -€10,114 | -53.6% |
| Income taxes | 67/77 | €3,606 | €2,636 | -€970 | -26.9% |
| Profit (loss) for the period | 9904 | €15,246 | €6,103 | -€9,144 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,246 | €6,103 | -€9,144 | -60.0% |
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.