LIVICO: 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.
LIVICO
Largest movements
- Tangible fixed assets -€9,686
down €9,686 (-16.7%), from €57,946 to €48,260
of which Furniture and vehicles: -€9,110
- Cash +€3,915
up €3,915 (+25.3%), from €15,459 to €19,374
mainly Depreciation (+€9,686) and Other debts (+€1,765)
- Profit (loss) carried forward -€5,871
down €5,871 (-87.4%), from €6,717 to €846
- Other debts +€1,765
up €1,765 (+70.0%), from €2,521 to €4,286
- Gross operating margin +€1,982
up €1,982 (+54.6%), from €3,631 to €5,614
- Depreciation +€1,652
up €1,652 (+20.6%), from €8,034 to €9,686
- Financial charges -€480
down €480 (-37.2%), from €1,288 to €809
- Other operating charges +€78
up €78 (+11.1%), from €697 to €775
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 | €74,143 | €68,624 | -€5,519 | -7.4% |
| Fixed assets | 21/28 | €57,946 | €48,260 | -€9,686 | -16.7% |
| Tangible fixed assets | 22/27 | €57,946 | €48,260 | -€9,686 | -16.7% |
| Plant, machinery and equipment | 23 | €770 | €490 | -€280 | -36.4% |
| Furniture and vehicles | 24 | €56,226 | €47,116 | -€9,110 | -16.2% |
| Other tangible fixed assets | 26 | €950 | €654 | -€296 | -31.2% |
| Current assets | 29/58 | €16,197 | €20,364 | +€4,167 | +25.7% |
| Amounts receivable within one year | 40/41 | €480 | €671 | +€191 | +39.8% |
| Trade receivables | 40 | €480 | €494 | +€15 | +3.1% |
| Other amounts receivable | 41 | - | €176 | +€176 | |
| Cash at bank and in hand | 54/58 | €15,459 | €19,374 | +€3,915 | +25.3% |
| Deferred charges and accrued income | 490/1 | €259 | €320 | +€60 | +23.3% |
| Total equity and liabilities | 10/49 | €74,143 | €68,624 | -€5,519 | -7.4% |
| Equity | 10/15 | €16,717 | €10,846 | -€5,871 | -35.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,717 | €846 | -€5,871 | -87.4% |
| Amounts payable | 17/49 | €57,426 | €57,778 | +€352 | +0.6% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,187 | €6,930 | +€743 | +12.0% |
| Trade debts | 44 | €2,101 | €1,564 | -€537 | -25.6% |
| Suppliers | 440/4 | €2,101 | €1,564 | -€537 | -25.6% |
| Taxes, remuneration and social security | 45 | €1,565 | €1,080 | -€485 | -31.0% |
| Taxes | 450/3 | €1,565 | €1,080 | -€485 | -31.0% |
| Other amounts payable | 47/48 | €2,521 | €4,286 | +€1,765 | +70.0% |
| Accrued charges and deferred income | 492/3 | €1,239 | €849 | -€391 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,034 | €9,686 | +€1,652 | +20.6% |
| Other operating charges | 640/8 | €697 | €775 | +€78 | +11.1% |
| Gross operating margin | 9900 | €3,631 | €5,614 | +€1,982 | +54.6% |
| Operating profit (loss) | 9901 | -€5,100 | -€4,847 | +€253 | +5.0% |
| Financial income | 75/76B | €3 | €0 | -€3 | -90.9% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -90.9% |
| Financial charges | 65/66B | €1,288 | €809 | -€480 | -37.2% |
| Recurring financial charges | 65 | €1,288 | €809 | -€480 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,385 | -€5,655 | +€729 | +11.4% |
| Income taxes | 67/77 | €176 | €216 | +€40 | +22.5% |
| Profit (loss) for the period | 9904 | -€6,561 | -€5,871 | +€690 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,561 | -€5,871 | +€690 | +10.5% |
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.