LIVIUS: 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.
LIVIUS
Largest movements
- Tangible fixed assets +€578,240
up €578,240 (+68.8%), from €841,075 to €1.4m
of which Other tangible fixed assets: +€577,210
- Receivables within one year -€568,363
down €568,363 (-39.8%), from €1.4m to €858,764
of which Other amounts receivable: -€471,613
- Deferred charges and accrued income +€46,344
up €46,344 (+101.3%), from €45,743 to €92,087
- Other debts +€139,314
up €139,314 (+34.8%), from €400,000 to €539,314
- Tax, wage and social debts -€64,235
down €64,235 (-49.4%), from €130,157 to €65,921
- Trade debts -€44,898
down €44,898 (-46.5%), from €96,510 to €51,612
- Financial charges -€301,315
down €301,315 (-90.5%), from €333,095 to €31,780
- Gross operating margin -€279,803
down €279,803 (-80.6%), from €347,155 to €67,351
- Financial income -€73,250
down €73,250 (-60.9%), from €120,287 to €47,038
- Taxes -€36,901
down €36,901 (-75.1%), from €49,114 to €12,213
- Depreciation -€34,051
down €34,051 (-52.0%), from €65,479 to €31,428
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 | €4,016,699 | €4,102,310 | +€85,612 | +2.1% |
| Fixed assets | 21/28 | €2,422,612 | €3,000,852 | +€578,240 | +23.9% |
| Tangible fixed assets | 22/27 | €841,075 | €1,419,315 | +€578,240 | +68.8% |
| Land and buildings | 22 | €833,705 | €835,968 | +€2,262 | +0.3% |
| Furniture and vehicles | 24 | €1,233 | €0 | -€1,233 | -100.0% |
| Other tangible fixed assets | 26 | €6,137 | €583,347 | +€577,210 | +9405.3% |
| Financial fixed assets | 28 | €1,581,537 | €1,581,537 | = | 0.0% |
| Current assets | 29/58 | €1,594,086 | €1,101,459 | -€492,628 | -30.9% |
| Amounts receivable after more than one year | 29 | €3,500 | €4,480 | +€980 | +28.0% |
| Other amounts receivable | 291 | €3,500 | €4,480 | +€980 | +28.0% |
| Amounts receivable within one year | 40/41 | €1,427,128 | €858,764 | -€568,363 | -39.8% |
| Trade receivables | 40 | €118,351 | €21,601 | -€96,750 | -81.7% |
| Other amounts receivable | 41 | €1,308,777 | €837,164 | -€471,613 | -36.0% |
| Current investments | 50/53 | €109,223 | €142,462 | +€33,239 | +30.4% |
| Cash at bank and in hand | 54/58 | €8,493 | €3,666 | -€4,827 | -56.8% |
| Deferred charges and accrued income | 490/1 | €45,743 | €92,087 | +€46,344 | +101.3% |
| Total equity and liabilities | 10/49 | €4,016,699 | €4,102,310 | +€85,612 | +2.1% |
| Equity | 10/15 | €3,313,172 | €3,340,003 | +€26,831 | +0.8% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €1,100,000 | €1,100,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Legal reserve | 130 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,172 | €240,003 | +€26,831 | +12.6% |
| Amounts payable | 17/49 | €703,527 | €762,307 | +€58,780 | +8.4% |
| Amounts payable within one year | 42/48 | €626,666 | €656,847 | +€30,181 | +4.8% |
| Trade debts | 44 | €96,510 | €51,612 | -€44,898 | -46.5% |
| Suppliers | 440/4 | €96,510 | €51,612 | -€44,898 | -46.5% |
| Taxes, remuneration and social security | 45 | €130,157 | €65,921 | -€64,235 | -49.4% |
| Taxes | 450/3 | €130,157 | €65,921 | -€64,235 | -49.4% |
| Other amounts payable | 47/48 | €400,000 | €539,314 | +€139,314 | +34.8% |
| Accrued charges and deferred income | 492/3 | €76,860 | €105,460 | +€28,600 | +37.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,479 | €31,428 | -€34,051 | -52.0% |
| Other operating charges | 640/8 | €15,124 | €12,136 | -€2,988 | -19.8% |
| Gross operating margin | 9900 | €347,155 | €67,351 | -€279,803 | -80.6% |
| Operating profit (loss) | 9901 | €266,551 | €23,787 | -€242,765 | -91.1% |
| Financial income | 75/76B | €120,287 | €47,038 | -€73,250 | -60.9% |
| Recurring financial income | 75 | €120,287 | €47,038 | -€73,250 | -60.9% |
| Financial charges | 65/66B | €333,095 | €31,780 | -€301,315 | -90.5% |
| Recurring financial charges | 65 | €333,095 | €31,780 | -€301,315 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | €53,744 | €39,044 | -€14,700 | -27.4% |
| Income taxes | 67/77 | €49,114 | €12,213 | -€36,901 | -75.1% |
| Profit (loss) for the period | 9904 | €4,630 | €26,831 | +€22,201 | +479.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,630 | €26,831 | +€22,201 | +479.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.