LIVIO CONSTRUCT: 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.
LIVIO CONSTRUCT
Largest movements
- Cash -€29,956
down €29,956 (-42.4%), from €70,616 to €40,660
mainly Trade debts (-€28,984) and Receivables within one year (-€11,893)
- Receivables within one year +€11,893
up €11,893 (+28.8%), from €41,285 to €53,177
of which Trade receivables: +€13,090
- Tangible fixed assets -€1,916
down €1,916 (-75.4%), from €2,542 to €626
- Trade debts -€28,984
down €28,984 (-55.8%), from €51,952 to €22,968
- Tax, wage and social debts +€4,517
up €4,517 (+39.6%), from €11,401 to €15,918
- Profit (loss) carried forward +€4,491
up €4,491 (+9.1%), from €49,182 to €53,673
- Gross operating margin -€45,140
down €45,140 (-80.3%), from €56,236 to €11,096
- Taxes -€6,691
down €6,691 (-60.2%), from €11,111 to €4,420
- Financial income +€880
up €880, from €0 to €880
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 | €114,536 | €94,560 | -€19,976 | -17.4% |
| Fixed assets | 21/28 | €2,542 | €626 | -€1,916 | -75.4% |
| Tangible fixed assets | 22/27 | €2,542 | €626 | -€1,916 | -75.4% |
| Furniture and vehicles | 24 | €2,542 | €626 | -€1,916 | -75.4% |
| Current assets | 29/58 | €111,994 | €93,934 | -€18,060 | -16.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €41,285 | €53,177 | +€11,893 | +28.8% |
| Trade receivables | 40 | €21,225 | €34,315 | +€13,090 | +61.7% |
| Other amounts receivable | 41 | €20,060 | €18,862 | -€1,198 | -6.0% |
| Cash at bank and in hand | 54/58 | €70,616 | €40,660 | -€29,956 | -42.4% |
| Deferred charges and accrued income | 490/1 | €94 | €97 | +€3 | +3.4% |
| Total equity and liabilities | 10/49 | €114,536 | €94,560 | -€19,976 | -17.4% |
| Equity | 10/15 | €51,182 | €55,673 | +€4,491 | +8.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,182 | €53,673 | +€4,491 | +9.1% |
| Amounts payable | 17/49 | €63,354 | €38,886 | -€24,467 | -38.6% |
| Amounts payable within one year | 42/48 | €63,354 | €38,886 | -€24,467 | -38.6% |
| Trade debts | 44 | €51,952 | €22,968 | -€28,984 | -55.8% |
| Suppliers | 440/4 | €51,952 | €22,968 | -€28,984 | -55.8% |
| Taxes, remuneration and social security | 45 | €11,401 | €15,918 | +€4,517 | +39.6% |
| Taxes | 450/3 | €11,401 | €15,918 | +€4,517 | +39.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,173 | €1,916 | -€257 | -11.8% |
| Other operating charges | 640/8 | €422 | €538 | +€117 | +27.7% |
| Gross operating margin | 9900 | €56,236 | €11,096 | -€45,140 | -80.3% |
| Operating profit (loss) | 9901 | €53,641 | €8,641 | -€45,000 | -83.9% |
| Financial income | 75/76B | €0 | €880 | +€880 | |
| Recurring financial income | 75 | €0 | €880 | +€880 | |
| Financial charges | 65/66B | €164 | €610 | +€446 | +271.1% |
| Recurring financial charges | 65 | €164 | €610 | +€446 | +271.1% |
| Profit (loss) for the period before taxes | 9903 | €53,477 | €8,912 | -€44,565 | -83.3% |
| Income taxes | 67/77 | €11,111 | €4,420 | -€6,691 | -60.2% |
| Profit (loss) for the period | 9904 | €42,366 | €4,491 | -€37,875 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,366 | €4,491 | -€37,875 | -89.4% |
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 10 October 2026 via checked.be.