LIVRIDO: 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.
LIVRIDO
Largest movements
- Cash -€12,208
down €12,208 (-13.1%), from €93,091 to €80,882
mainly Contributions, distributions and other (-€37,000) and Debts after one year (-€14,946)
- Deferred charges and accrued income -€8,344
down €8,344 (-25.2%), from €33,113 to €24,769
- Tangible fixed assets -€6,876
down €6,876 (-2.5%), from €273,363 to €266,487
of which Land and buildings: -€8,865
- Reserves -€30,586
down €30,586 (-12.2%), from €251,068 to €220,482
of which Distributable reserves: -€30,586
- Other debts +€16,269
up €16,269 (+35.3%), from €46,107 to €62,376
- Debts after one year -€14,946
down €14,946 (-23.0%), from €65,093 to €50,146
- Gross operating margin +€4,030
up €4,030 (+5.4%), from €75,121 to €79,151
- Other operating charges +€1,310
up €1,310 (+11.9%), from €10,967 to €12,277
- Financial charges +€1,300
up €1,300 (+35.0%), from €3,720 to €5,021
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 | €417,721 | €390,560 | -€27,160 | -6.5% |
| Fixed assets | 21/28 | €273,363 | €266,487 | -€6,876 | -2.5% |
| Tangible fixed assets | 22/27 | €273,363 | €266,487 | -€6,876 | -2.5% |
| Land and buildings | 22 | €270,404 | €261,539 | -€8,865 | -3.3% |
| Plant, machinery and equipment | 23 | €2,959 | €4,948 | +€1,989 | +67.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €144,358 | €124,074 | -€20,284 | -14.1% |
| Amounts receivable within one year | 40/41 | €18,154 | €18,422 | +€268 | +1.5% |
| Trade receivables | 40 | €14,892 | €15,678 | +€786 | +5.3% |
| Other amounts receivable | 41 | €3,262 | €2,744 | -€518 | -15.9% |
| Cash at bank and in hand | 54/58 | €93,091 | €80,882 | -€12,208 | -13.1% |
| Deferred charges and accrued income | 490/1 | €33,113 | €24,769 | -€8,344 | -25.2% |
| Total equity and liabilities | 10/49 | €417,721 | €390,560 | -€27,160 | -6.5% |
| Equity | 10/15 | €269,668 | €239,082 | -€30,586 | -11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €251,068 | €220,482 | -€30,586 | -12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €249,208 | €218,622 | -€30,586 | -12.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €148,052 | €151,478 | +€3,426 | +2.3% |
| Amounts payable after more than one year | 17 | €65,093 | €50,146 | -€14,946 | -23.0% |
| Financial debts | 170/4 | €65,093 | €50,146 | -€14,946 | -23.0% |
| Amounts payable within one year | 42/48 | €82,960 | €101,332 | +€18,372 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €16,288 | €16,332 | +€44 | +0.3% |
| Trade debts | 44 | €4,813 | €6,072 | +€1,259 | +26.2% |
| Suppliers | 440/4 | €4,813 | €6,072 | +€1,259 | +26.2% |
| Taxes, remuneration and social security | 45 | €15,752 | €16,552 | +€800 | +5.1% |
| Taxes | 450/3 | €4,097 | €4,778 | +€682 | +16.6% |
| Remuneration and social security | 454/9 | €11,655 | €11,774 | +€118 | +1.0% |
| Other amounts payable | 47/48 | €46,107 | €62,376 | +€16,269 | +35.3% |
| Remuneration, social security and pensions | 62 | €40,782 | €40,074 | -€708 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,185 | €9,989 | -€196 | -1.9% |
| Other operating charges | 640/8 | €10,967 | €12,277 | +€1,310 | +11.9% |
| Gross operating margin | 9900 | €75,121 | €79,151 | +€4,030 | +5.4% |
| Operating profit (loss) | 9901 | €13,187 | €16,811 | +€3,624 | +27.5% |
| Financial income | 75/76B | €113 | €0 | -€113 | -100% |
| Recurring financial income | 75 | €113 | €0 | -€113 | -100% |
| Financial charges | 65/66B | €3,720 | €5,021 | +€1,300 | +35.0% |
| Recurring financial charges | 65 | €3,720 | €5,021 | +€1,300 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €9,580 | €11,790 | +€2,210 | +23.1% |
| Income taxes | 67/77 | €4,738 | €5,377 | +€639 | +13.5% |
| Profit (loss) for the period | 9904 | €4,842 | €6,414 | +€1,572 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,842 | €6,414 | +€1,572 | +32.5% |
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 28 October 2026 via checked.be.