LivIT: 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.
LivIT
Largest movements
- Receivables within one year +€15,668
up €15,668 (+34.1%), from €45,973 to €61,641
of which Other amounts receivable: +€12,842
- Cash +€11,990
up €11,990 (+25.3%), from €47,329 to €59,318
mainly Net result for the year (+€37,337) and Other debts (+€26,476)
- Tangible fixed assets +€11,265
up €11,265 (+89.6%), from €12,567 to €23,832
of which Furniture and vehicles: +€12,541
- Deferred charges and accrued income -€4,953
down €4,953 (-79.4%), from €6,237 to €1,284
- Other debts +€26,476
new in 2025: €26,476
- Reserves +€9,181
up €9,181 (+30.6%), from €30,016 to €39,197
- Trade debts -€2,056
down €2,056 (-4.3%), from €47,752 to €45,697
- Gross operating margin +€57,917
up €57,917 (+513.3%), from €11,284 to €69,201
- Taxes +€14,375
up €14,375 (+324.4%), from €4,431 to €18,806
- Depreciation +€3,405
up €3,405 (+69.9%), from €4,874 to €8,279
- Financial income +€1,116
up €1,116 (+1665.0%), from €67 to €1,183
- Other operating charges +€701
up €701 (+16.2%), from €4,334 to €5,034
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 | €117,106 | €151,076 | +€33,970 | +29.0% |
| Fixed assets | 21/28 | €17,567 | €28,832 | +€11,265 | +64.1% |
| Tangible fixed assets | 22/27 | €12,567 | €23,832 | +€11,265 | +89.6% |
| Furniture and vehicles | 24 | €6,036 | €18,577 | +€12,541 | +207.8% |
| Other tangible fixed assets | 26 | €6,532 | €5,255 | -€1,276 | -19.5% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €99,539 | €122,244 | +€22,705 | +22.8% |
| Amounts receivable within one year | 40/41 | €45,973 | €61,641 | +€15,668 | +34.1% |
| Trade receivables | 40 | €29,347 | €32,173 | +€2,826 | +9.6% |
| Other amounts receivable | 41 | €16,626 | €29,468 | +€12,842 | +77.2% |
| Cash at bank and in hand | 54/58 | €47,329 | €59,318 | +€11,990 | +25.3% |
| Deferred charges and accrued income | 490/1 | €6,237 | €1,284 | -€4,953 | -79.4% |
| Total equity and liabilities | 10/49 | €117,106 | €151,076 | +€33,970 | +29.0% |
| Equity | 10/15 | €56,646 | €65,828 | +€9,181 | +16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,016 | €39,197 | +€9,181 | +30.6% |
| Distributable reserves | 133 | €30,016 | €39,197 | +€9,181 | +30.6% |
| Profit (loss) carried forward | 14 | €20,430 | €20,430 | = | 0.0% |
| Amounts payable | 17/49 | €60,460 | €85,248 | +€24,788 | +41.0% |
| Amounts payable within one year | 42/48 | €60,460 | €85,248 | +€24,788 | +41.0% |
| Financial debts | 43 | €189 | - | -€189 | |
| Credit institutions | 430/8 | €189 | - | -€189 | |
| Trade debts | 44 | €47,752 | €45,697 | -€2,056 | -4.3% |
| Suppliers | 440/4 | €47,752 | €45,697 | -€2,056 | -4.3% |
| Taxes, remuneration and social security | 45 | €12,519 | €13,076 | +€557 | +4.4% |
| Taxes | 450/3 | €12,519 | €13,076 | +€557 | +4.4% |
| Other amounts payable | 47/48 | - | €26,476 | +€26,476 | |
| Non-recurring operating income | 76A | - | €7,500 | +€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,874 | €8,279 | +€3,405 | +69.9% |
| Other operating charges | 640/8 | €4,334 | €5,034 | +€701 | +16.2% |
| Non-recurring operating charges | 66A | - | €26 | +€26 | |
| Gross operating margin | 9900 | €11,284 | €69,201 | +€57,917 | +513.3% |
| Operating profit (loss) | 9901 | €2,077 | €55,862 | +€53,785 | +2589.9% |
| Financial income | 75/76B | €67 | €1,183 | +€1,116 | +1665.0% |
| Recurring financial income | 75 | €67 | €1,183 | +€1,116 | +1665.0% |
| Financial charges | 65/66B | €880 | €902 | +€21 | +2.4% |
| Recurring financial charges | 65 | €880 | €902 | +€21 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €1,263 | €56,143 | +€54,880 | +4344.2% |
| Income taxes | 67/77 | €4,431 | €18,806 | +€14,375 | +324.4% |
| Profit (loss) for the period | 9904 | -€3,168 | €37,337 | +€40,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,168 | €37,337 | +€40,505 |
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.