LIVINGSTON: 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.
LIVINGSTON
Largest movements
- Financial fixed assets -€550,625
no longer reported in 2025 (was €550,625)
- Receivables after one year +€550,625
new in 2025: €550,625
- Cash +€40,976
up €40,976 (+121%), from €33,861 to €74,837
mainly Investment in fixed assets (net) (+€550,625) and Other debts (+€36,834)
- Receivables within one year -€28,178
down €28,178 (-47.5%), from €59,270 to €31,092
of which Other amounts receivable: -€50,148
- Other debts +€36,834
up €36,834 (+8.2%), from €447,511 to €484,345
- Debts after one year -€30,000
down €30,000 (-33.3%), from €90,000 to €60,000
- Gross operating margin +€14,401
up €14,401 (+58.4%), from -€24,677 to -€10,276
- Financial charges -€8,567
down €8,567 (-97.5%), from €8,787 to €220
- Financial income -€3,396
down €3,396 (-25.8%), from €13,188 to €9,792
- Depreciation -€540
down €540 (-39.0%), from €1,382 to €843
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 | €650,009 | €662,315 | +€12,306 | +1.9% |
| Fixed assets | 21/28 | €552,172 | €704 | -€551,468 | -99.9% |
| Tangible fixed assets | 22/27 | €1,547 | €704 | -€843 | -54.5% |
| Plant, machinery and equipment | 23 | €172 | - | -€172 | |
| Furniture and vehicles | 24 | €1,375 | €704 | -€671 | -48.8% |
| Financial fixed assets | 28 | €550,625 | - | -€550,625 | |
| Current assets | 29/58 | €97,838 | €661,611 | +€563,774 | +576% |
| Amounts receivable after more than one year | 29 | - | €550,625 | +€550,625 | |
| Other amounts receivable | 291 | - | €550,625 | +€550,625 | |
| Amounts receivable within one year | 40/41 | €59,270 | €31,092 | -€28,178 | -47.5% |
| Trade receivables | 40 | €9,067 | €31,037 | +€21,970 | +242% |
| Other amounts receivable | 41 | €50,203 | €56 | -€50,148 | -99.9% |
| Cash at bank and in hand | 54/58 | €33,861 | €74,837 | +€40,976 | +121% |
| Deferred charges and accrued income | 490/1 | €4,707 | €5,058 | +€351 | +7.5% |
| Total equity and liabilities | 10/49 | €650,009 | €662,315 | +€12,306 | +1.9% |
| Equity | 10/15 | €109,065 | €106,367 | -€2,698 | -2.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €88,605 | €85,907 | -€2,698 | -3.0% |
| Distributable reserves | 133 | €88,605 | €85,907 | -€2,698 | -3.0% |
| Amounts payable | 17/49 | €540,944 | €555,949 | +€15,004 | +2.8% |
| Amounts payable after more than one year | 17 | €90,000 | €60,000 | -€30,000 | -33.3% |
| Financial debts | 170/4 | €90,000 | €60,000 | -€30,000 | -33.3% |
| Amounts payable within one year | 42/48 | €450,944 | €495,949 | +€45,004 | +10.0% |
| Financial debts | 43 | €121 | - | -€121 | |
| Credit institutions | 430/8 | €121 | - | -€121 | |
| Trade debts | 44 | €1,076 | €3,239 | +€2,163 | +201% |
| Suppliers | 440/4 | €1,076 | €3,239 | +€2,163 | +201% |
| Taxes, remuneration and social security | 45 | €2,236 | €8,364 | +€6,128 | +274% |
| Taxes | 450/3 | €2,236 | €8,364 | +€6,128 | +274% |
| Other amounts payable | 47/48 | €447,511 | €484,345 | +€36,834 | +8.2% |
| Non-recurring operating income | 76A | - | €12,910 | +€12,910 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €843 | -€540 | -39.0% |
| Other operating charges | 640/8 | €705 | €720 | +€14 | +2.0% |
| Gross operating margin | 9900 | -€24,677 | -€10,276 | +€14,401 | +58.4% |
| Operating profit (loss) | 9901 | -€26,765 | -€11,838 | +€14,927 | +55.8% |
| Financial income | 75/76B | €13,188 | €9,792 | -€3,396 | -25.8% |
| Recurring financial income | 75 | €13,188 | €9,792 | -€3,396 | -25.8% |
| Financial charges | 65/66B | €8,787 | €220 | -€8,567 | -97.5% |
| Recurring financial charges | 65 | €8,787 | €220 | -€8,567 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,364 | -€2,267 | +€20,098 | +89.9% |
| Income taxes | 67/77 | €449 | €432 | -€17 | -3.8% |
| Profit (loss) for the period | 9904 | -€22,813 | -€2,698 | +€20,115 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,813 | -€2,698 | +€20,115 | +88.2% |
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 19 October 2026 via checked.be.