LIVINGPOINT: 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.
LIVINGPOINT
Largest movements
- Tangible fixed assets +€379,432
up €379,432 (+12.6%), from €3.0m to €3.4m
of which Assets under construction and advance payments: +€446,382
- Cash -€127,338
down €127,338 (-95.3%), from €133,553 to €6,215
mainly Investment in fixed assets (net) (-€446,382) and Net result for the year (-€89,608)
- Other debts +€373,721
up €373,721 (+40.0%), from €935,000 to €1.3m
- Profit (loss) carried forward -€89,608
down €89,608 (-44.4%), from -€202,045 to -€291,653
- Debts after one year -€48,128
down €48,128 (-2.7%), from €1.8m to €1.7m
- Financial charges +€24,894
up €24,894 (+116.7%), from €21,324 to €46,219
- Gross operating margin -€2,674
down €2,674 (-8.0%), from €33,280 to €30,606
- Other operating charges +€997
up €997 (+16.5%), from €6,048 to €7,045
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 | €3,138,802 | €3,392,032 | +€253,230 | +8.1% |
| Fixed assets | 21/28 | €3,005,238 | €3,384,669 | +€379,432 | +12.6% |
| Tangible fixed assets | 22/27 | €3,005,238 | €3,384,669 | +€379,432 | +12.6% |
| Land and buildings | 22 | €2,363,255 | €2,296,305 | -€66,951 | -2.8% |
| Assets under construction and advance payments | 27 | €641,982 | €1,088,365 | +€446,382 | +69.5% |
| Current assets | 29/58 | €133,564 | €7,362 | -€126,202 | -94.5% |
| Amounts receivable within one year | 40/41 | €0 | €1,133 | +€1,133 | |
| Trade receivables | 40 | €0 | €1,133 | +€1,133 | |
| Cash at bank and in hand | 54/58 | €133,553 | €6,215 | -€127,338 | -95.3% |
| Deferred charges and accrued income | 490/1 | €12 | €14 | +€2 | +20.2% |
| Total equity and liabilities | 10/49 | €3,138,802 | €3,392,032 | +€253,230 | +8.1% |
| Equity | 10/15 | €347,955 | €258,347 | -€89,608 | -25.8% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,045 | -€291,653 | -€89,608 | -44.4% |
| Amounts payable | 17/49 | €2,790,847 | €3,133,685 | +€342,838 | +12.3% |
| Amounts payable after more than one year | 17 | €1,773,884 | €1,725,755 | -€48,128 | -2.7% |
| Financial debts | 170/4 | €1,773,884 | €1,725,755 | -€48,128 | -2.7% |
| Amounts payable within one year | 42/48 | €1,002,667 | €1,370,721 | +€368,054 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €47,537 | €48,128 | +€591 | +1.2% |
| Trade debts | 44 | €20,130 | €13,872 | -€6,258 | -31.1% |
| Suppliers | 440/4 | €20,130 | €13,872 | -€6,258 | -31.1% |
| Other amounts payable | 47/48 | €935,000 | €1,308,721 | +€373,721 | +40.0% |
| Accrued charges and deferred income | 492/3 | €14,296 | €37,208 | +€22,912 | +160.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,886 | €66,951 | +€65 | +0.1% |
| Other operating charges | 640/8 | €6,048 | €7,045 | +€997 | +16.5% |
| Gross operating margin | 9900 | €33,280 | €30,606 | -€2,674 | -8.0% |
| Operating profit (loss) | 9901 | -€39,654 | -€43,389 | -€3,736 | -9.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €21,324 | €46,219 | +€24,894 | +116.7% |
| Recurring financial charges | 65 | €21,324 | €46,219 | +€24,894 | +116.7% |
| Profit (loss) for the period before taxes | 9903 | -€60,978 | -€89,608 | -€28,630 | -47.0% |
| Profit (loss) for the period | 9904 | -€60,978 | -€89,608 | -€28,630 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,978 | -€89,608 | -€28,630 | -47.0% |
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 6 October 2026 via checked.be.