LivUp: 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.
LivUp
Largest movements
- Stocks and contracts -€11,300
no longer reported in 2025 (was €11,300)
- Tangible fixed assets -€8,716
down €8,716 (-47.9%), from €18,215 to €9,499
- Receivables within one year -€8,113
down €8,113 (-64.6%), from €12,561 to €4,448
of which Trade receivables: -€10,059
- Cash -€3,909
down €3,909 (-98.0%), from €3,987 to €78
mainly Net result for the year (-€27,573) and Trade debts (-€13,309)
- Intangible fixed assets -€960
no longer reported in 2025 (was €960)
- Profit (loss) carried forward -€27,573
down €27,573 (-21.7%), from -€126,973 to -€154,546
- Trade debts -€13,309
down €13,309 (-88.1%), from €15,111 to €1,801
- Other debts +€8,101
up €8,101 (+5.8%), from €139,348 to €147,449
- Gross operating margin -€6,300
down €6,300 (-176%), from -€3,585 to -€9,884
- Other operating charges +€3,894
up €3,894 (+230%), from €1,696 to €5,590
- Depreciation -€3,269
down €3,269 (-42.6%), from €7,673 to €4,404
- Financial income +€118
new in 2025: €118
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 | €47,865 | €14,857 | -€33,008 | -69.0% |
| Formation expenses | 20 | €843 | €632 | -€211 | -25.0% |
| Fixed assets | 21/28 | €19,175 | €9,499 | -€9,676 | -50.5% |
| Intangible fixed assets | 21 | €960 | - | -€960 | |
| Tangible fixed assets | 22/27 | €18,215 | €9,499 | -€8,716 | -47.9% |
| Plant, machinery and equipment | 23 | €18,215 | €9,499 | -€8,716 | -47.9% |
| Current assets | 29/58 | €27,847 | €4,726 | -€23,121 | -83.0% |
| Stocks and contracts in progress | 3 | €11,300 | - | -€11,300 | |
| Stocks | 30/36 | €11,300 | - | -€11,300 | |
| Amounts receivable within one year | 40/41 | €12,561 | €4,448 | -€8,113 | -64.6% |
| Trade receivables | 40 | €12,561 | €2,501 | -€10,059 | -80.1% |
| Other amounts receivable | 41 | - | €1,946 | +€1,946 | |
| Cash at bank and in hand | 54/58 | €3,987 | €78 | -€3,909 | -98.0% |
| Deferred charges and accrued income | 490/1 | - | €201 | +€201 | |
| Total equity and liabilities | 10/49 | €47,865 | €14,857 | -€33,008 | -69.0% |
| Equity | 10/15 | -€106,973 | -€134,546 | -€27,573 | -25.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,973 | -€154,546 | -€27,573 | -21.7% |
| Amounts payable | 17/49 | €154,839 | €149,404 | -€5,435 | -3.5% |
| Amounts payable within one year | 42/48 | €154,839 | €149,404 | -€5,435 | -3.5% |
| Trade debts | 44 | €15,111 | €1,801 | -€13,309 | -88.1% |
| Suppliers | 440/4 | €15,111 | €1,801 | -€13,309 | -88.1% |
| Taxes, remuneration and social security | 45 | €379 | €153 | -€227 | -59.7% |
| Taxes | 450/3 | €379 | €153 | -€227 | -59.7% |
| Other amounts payable | 47/48 | €139,348 | €147,449 | +€8,101 | +5.8% |
| Non-recurring operating income | 76A | €3,873 | - | -€3,873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,673 | €4,404 | -€3,269 | -42.6% |
| Other operating charges | 640/8 | €1,696 | €5,590 | +€3,894 | +230% |
| Non-recurring operating charges | 66A | - | €7,698 | +€7,698 | |
| Gross operating margin | 9900 | -€3,585 | -€9,884 | -€6,300 | -176% |
| Operating profit (loss) | 9901 | -€12,954 | -€27,576 | -€14,622 | -113% |
| Financial income | 75/76B | - | €118 | +€118 | |
| Recurring financial income | 75 | - | €118 | +€118 | |
| Financial charges | 65/66B | €144 | €115 | -€29 | -19.9% |
| Recurring financial charges | 65 | €144 | €115 | -€29 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,097 | -€27,573 | -€14,476 | -111% |
| Profit (loss) for the period | 9904 | -€13,097 | -€27,573 | -€14,476 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,097 | -€27,573 | -€14,476 | -111% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.