Livitin: what changed
What changed
Livitin
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€26,894
2024 · €41,932-€15,038
Equity
€322,754
2024 · €295,861+€26,894
Cash
€6,328
2024 · €619+€5,709
Balance sheet total
€635,522
2024 · €637,661-€2,139
Largest movements
Assets
- Tangible fixed assets -€6,443
down €6,443 (-1.7%), from €369,722 to €363,280
of which Land and buildings: -€14,747
Equity and liabilities
- Debts after one year -€37,051
down €37,051 (-13.0%), from €284,104 to €247,053
- Reserves +€26,894
up €26,894 (+22.3%), from €120,861 to €147,754
of which Distributable reserves: +€26,894
Income statement
- Gross operating margin -€23,967
down €23,967 (-25.6%), from €93,615 to €69,648
- Taxes +€7,362
up €7,362 (+159%), from €4,624 to €11,986
- Depreciation -€5,794
down €5,794 (-26.2%), from €22,120 to €16,326
- Financial charges -€5,447
down €5,447 (-40.2%), from €13,560 to €8,113
- Other operating charges -€4,975
down €4,975 (-43.7%), from €11,391 to €6,416
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€41,932
Gross operating margin
-€23,967
Depreciation
+€5,794
Other operating charges
+€4,975
Financial income
+€74
Financial charges
+€5,447
Taxes
-€7,362
Result 2025
€26,894
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€50,825
Investment
-€9,883
Financing
-€35,233
Cash 2024
€619
From operations (derived)
+€50,825
Net result for the year
+€26,894
Depreciation
+€16,326
Receivables within one year
-€1,453
Deferred charges and accrued income
+€2,858
Trade debts
+€613
Tax, wage and social debts
+€5,587
Investment (derived)
-€9,883
Investment in fixed assets (net)
-€9,883
Financing
-€35,233
Debts after one year
-€37,051
Current portion of long-term debt
+€1,819
Cash 2025
€6,328
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €637,661 | €635,522 | -€2,139 | -0.3% |
| Fixed assets | 21/28 | €619,722 | €613,280 | -€6,443 | -1.0% |
| Tangible fixed assets | 22/27 | €369,722 | €363,280 | -€6,443 | -1.7% |
| Land and buildings | 22 | €369,722 | €354,976 | -€14,747 | -4.0% |
| Furniture and vehicles | 24 | - | €8,304 | +€8,304 | |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €17,939 | €22,243 | +€4,304 | +24.0% |
| Amounts receivable within one year | 40/41 | €11,963 | €13,416 | +€1,453 | +12.1% |
| Trade receivables | 40 | €9,822 | €9,822 | = | 0.0% |
| Other amounts receivable | 41 | €2,141 | €3,594 | +€1,453 | +67.9% |
| Cash at bank and in hand | 54/58 | €619 | €6,328 | +€5,709 | +923% |
| Deferred charges and accrued income | 490/1 | €5,357 | €2,499 | -€2,858 | -53.4% |
| Total equity and liabilities | 10/49 | €637,661 | €635,522 | -€2,139 | -0.3% |
| Equity | 10/15 | €295,861 | €322,754 | +€26,894 | +9.1% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €120,861 | €147,754 | +€26,894 | +22.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €120,861 | €147,754 | +€26,894 | +22.3% |
| Amounts payable | 17/49 | €341,801 | €312,768 | -€29,032 | -8.5% |
| Amounts payable after more than one year | 17 | €284,104 | €247,053 | -€37,051 | -13.0% |
| Financial debts | 170/4 | €284,104 | €247,053 | -€37,051 | -13.0% |
| Amounts payable within one year | 42/48 | €57,696 | €65,715 | +€8,019 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €47,827 | €49,646 | +€1,819 | +3.8% |
| Trade debts | 44 | €1,070 | €1,683 | +€613 | +57.3% |
| Suppliers | 440/4 | €1,070 | €1,683 | +€613 | +57.3% |
| Taxes, remuneration and social security | 45 | €8,799 | €14,386 | +€5,587 | +63.5% |
| Taxes | 450/3 | €8,799 | €14,386 | +€5,587 | +63.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,120 | €16,326 | -€5,794 | -26.2% |
| Other operating charges | 640/8 | €11,391 | €6,416 | -€4,975 | -43.7% |
| Gross operating margin | 9900 | €93,615 | €69,648 | -€23,967 | -25.6% |
| Operating profit (loss) | 9901 | €60,104 | €46,905 | -€13,198 | -22.0% |
| Financial income | 75/76B | €13 | €87 | +€74 | +573% |
| Recurring financial income | 75 | €13 | €87 | +€74 | +573% |
| Financial charges | 65/66B | €13,560 | €8,113 | -€5,447 | -40.2% |
| Recurring financial charges | 65 | €13,560 | €8,113 | -€5,447 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €46,557 | €38,880 | -€7,677 | -16.5% |
| Income taxes | 67/77 | €4,624 | €11,986 | +€7,362 | +159% |
| Profit (loss) for the period | 9904 | €41,932 | €26,894 | -€15,038 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,932 | €26,894 | -€15,038 | -35.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.