LIVIDUM: 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.
LIVIDUM
Largest movements
- Receivables within one year -€16,361
down €16,361 (-84.6%), from €19,348 to €2,987
of which Other amounts receivable: -€11,935
- Cash -€12,075
down €12,075 (-80.5%), from €14,999 to €2,924
mainly Net result for the year (-€36,627) and Short-term financial debts (-€5,168)
- Stocks and contracts -€4,371
down €4,371 (-100.0%), from €4,371 to €0
- Tangible fixed assets -€3,411
down €3,411 (-16.6%), from €20,583 to €17,172
of which Plant, machinery and equipment: -€4,075
- Profit (loss) carried forward -€36,627
down €36,627 (-154.7%), from -€23,669 to -€60,296
- Other debts +€9,689
up €9,689 (+138.4%), from €7,000 to €16,689
- Short-term financial debts -€5,168
down €5,168 (-100.0%), from €5,168 to €0
- Current portion of long-term debt -€2,951
down €2,951 (-100.0%), from €2,951 to €0
- Tax, wage and social debts -€2,914
down €2,914 (-84.4%), from €3,452 to €538
of which Taxes: -€2,720
- Gross operating margin -€47,665
down €47,665, from €23,600 to -€24,065
- Staff costs -€12,055
down €12,055 (-77.7%), from €15,512 to €3,457
- Financial income -€1,654
down €1,654 (-100.0%), from €1,655 to €1
- Other operating charges +€772
up €772 (+56.7%), from €1,361 to €2,133
- Depreciation -€622
down €622 (-9.0%), from €6,928 to €6,306
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 | €60,221 | €23,525 | -€36,697 | -60.9% |
| Fixed assets | 21/28 | €20,803 | €17,392 | -€3,411 | -16.4% |
| Tangible fixed assets | 22/27 | €20,583 | €17,172 | -€3,411 | -16.6% |
| Land and buildings | 22 | €14,012 | €12,257 | -€1,756 | -12.5% |
| Plant, machinery and equipment | 23 | €6,571 | €2,496 | -€4,075 | -62.0% |
| Other tangible fixed assets | 26 | - | €2,419 | +€2,419 | |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €39,418 | €6,132 | -€33,285 | -84.4% |
| Stocks and contracts in progress | 3 | €4,371 | €0 | -€4,371 | -100.0% |
| Stocks | 30/36 | €4,371 | €0 | -€4,371 | -100.0% |
| Amounts receivable within one year | 40/41 | €19,348 | €2,987 | -€16,361 | -84.6% |
| Trade receivables | 40 | €7,413 | €2,987 | -€4,427 | -59.7% |
| Other amounts receivable | 41 | €11,935 | €0 | -€11,935 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,999 | €2,924 | -€12,075 | -80.5% |
| Deferred charges and accrued income | 490/1 | €699 | €222 | -€477 | -68.3% |
| Total equity and liabilities | 10/49 | €60,221 | €23,525 | -€36,697 | -60.9% |
| Equity | 10/15 | €21,331 | -€15,296 | -€36,627 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,669 | -€60,296 | -€36,627 | -154.7% |
| Amounts payable | 17/49 | €38,890 | €38,821 | -€69 | -0.2% |
| Amounts payable after more than one year | 17 | €14,527 | €14,527 | = | 0.0% |
| Financial debts | 170/4 | €14,527 | €14,527 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,363 | €24,294 | -€69 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €2,951 | €0 | -€2,951 | -100.0% |
| Financial debts | 43 | €5,168 | €0 | -€5,168 | -100.0% |
| Credit institutions | 430/8 | €5,168 | €0 | -€5,168 | -100.0% |
| Trade debts | 44 | €4,971 | €7,066 | +€2,095 | +42.1% |
| Suppliers | 440/4 | €4,971 | €7,066 | +€2,095 | +42.1% |
| Advances received on contracts in progress | 46 | €820 | €0 | -€820 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,452 | €538 | -€2,914 | -84.4% |
| Taxes | 450/3 | €3,078 | €358 | -€2,720 | -88.4% |
| Remuneration and social security | 454/9 | €375 | €180 | -€194 | -51.9% |
| Other amounts payable | 47/48 | €7,000 | €16,689 | +€9,689 | +138.4% |
| Remuneration, social security and pensions | 62 | €15,512 | €3,457 | -€12,055 | -77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,928 | €6,306 | -€622 | -9.0% |
| Other operating charges | 640/8 | €1,361 | €2,133 | +€772 | +56.7% |
| Gross operating margin | 9900 | €23,600 | -€24,065 | -€47,665 | |
| Operating profit (loss) | 9901 | -€202 | -€35,961 | -€35,760 | -17730.1% |
| Financial income | 75/76B | €1,655 | €1 | -€1,654 | -100.0% |
| Recurring financial income | 75 | €1,655 | €1 | -€1,654 | -100.0% |
| Financial charges | 65/66B | €962 | €663 | -€299 | -31.1% |
| Recurring financial charges | 65 | €962 | €663 | -€299 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €492 | -€36,623 | -€37,115 | |
| Income taxes | 67/77 | €102 | €4 | -€99 | -96.2% |
| Profit (loss) for the period | 9904 | €389 | -€36,627 | -€37,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €389 | -€36,627 | -€37,016 |
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.