LIVIJNS: 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.
LIVIJNS
Largest movements
- Cash -€9,614
down €9,614 (-12.2%), from €78,910 to €69,296
mainly Contributions, distributions and other (-€21,359) and Debts after one year (-€6,737)
- Stocks and contracts -€9,305
down €9,305 (-73.8%), from €12,604 to €3,298
of which Stocks: -€9,305
- Tangible fixed assets -€6,510
down €6,510 (-22.6%), from €28,788 to €22,277
of which Furniture and vehicles: -€6,510
- Receivables within one year -€2,770
down €2,770 (-11.2%), from €24,718 to €21,948
of which Trade receivables: -€8,382
- Reserves -€16,697
down €16,697 (-22.1%), from €75,701 to €59,005
- Debts after one year -€6,737
down €6,737 (-41.4%), from €16,261 to €9,524
- Tax, wage and social debts -€2,734
down €2,734 (-29.9%), from €9,142 to €6,408
- Other debts -€1,785
down €1,785 (-10.7%), from €16,737 to €14,951
- Gross operating margin -€25,536
down €25,536 (-61.5%), from €41,523 to €15,987
- Taxes -€2,533
down €2,533 (-49.3%), from €5,142 to €2,609
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 | €151,210 | €123,630 | -€27,580 | -18.2% |
| Fixed assets | 21/28 | €28,788 | €22,277 | -€6,510 | -22.6% |
| Tangible fixed assets | 22/27 | €28,788 | €22,277 | -€6,510 | -22.6% |
| Land and buildings | 22 | €7,437 | €7,437 | = | 0.0% |
| Furniture and vehicles | 24 | €21,351 | €14,840 | -€6,510 | -30.5% |
| Current assets | 29/58 | €122,423 | €101,353 | -€21,070 | -17.2% |
| Stocks and contracts in progress | 3 | €12,604 | €3,298 | -€9,305 | -73.8% |
| Stocks | 30/36 | €12,604 | €3,298 | -€9,305 | -73.8% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,718 | €21,948 | -€2,770 | -11.2% |
| Trade receivables | 40 | €21,052 | €12,670 | -€8,382 | -39.8% |
| Other amounts receivable | 41 | €3,665 | €9,278 | +€5,612 | +153% |
| Current investments | 50/53 | €3,500 | €4,700 | +€1,200 | +34.3% |
| Cash at bank and in hand | 54/58 | €78,910 | €69,296 | -€9,614 | -12.2% |
| Deferred charges and accrued income | 490/1 | €2,691 | €2,110 | -€581 | -21.6% |
| Total equity and liabilities | 10/49 | €151,210 | €123,630 | -€27,580 | -18.2% |
| Equity | 10/15 | €81,899 | €65,202 | -€16,697 | -20.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €75,701 | €59,005 | -€16,697 | -22.1% |
| Distributable reserves | 133 | €75,701 | €59,005 | -€16,697 | -22.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,312 | €58,428 | -€10,884 | -15.7% |
| Amounts payable after more than one year | 17 | €16,261 | €9,524 | -€6,737 | -41.4% |
| Financial debts | 170/4 | €16,261 | €9,524 | -€6,737 | -41.4% |
| Amounts payable within one year | 42/48 | €53,051 | €48,904 | -€4,147 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €6,408 | €6,737 | +€329 | +5.1% |
| Trade debts | 44 | €20,765 | €20,808 | +€43 | +0.2% |
| Suppliers | 440/4 | €20,765 | €20,808 | +€43 | +0.2% |
| Taxes, remuneration and social security | 45 | €9,142 | €6,408 | -€2,734 | -29.9% |
| Taxes | 450/3 | €9,142 | €6,408 | -€2,734 | -29.9% |
| Other amounts payable | 47/48 | €16,737 | €14,951 | -€1,785 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,510 | €6,510 | = | 0.0% |
| Other operating charges | 640/8 | €1,181 | €1,221 | +€39 | +3.3% |
| Gross operating margin | 9900 | €41,523 | €15,987 | -€25,536 | -61.5% |
| Operating profit (loss) | 9901 | €33,831 | €8,256 | -€25,575 | -75.6% |
| Financial income | 75/76B | €27 | €345 | +€318 | +1,200% |
| Recurring financial income | 75 | €27 | €345 | +€318 | +1,200% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,721 | €1,329 | -€392 | -22.8% |
| Recurring financial charges | 65 | €1,721 | €1,329 | -€392 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €32,137 | €7,272 | -€24,865 | -77.4% |
| Income taxes | 67/77 | €5,142 | €2,609 | -€2,533 | -49.3% |
| Profit (loss) for the period | 9904 | €26,995 | €4,662 | -€22,332 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,995 | €4,662 | -€22,332 | -82.7% |
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 28 October 2026 via checked.be.