Livv: 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.
Livv
Largest movements
- Cash +€118,638
up €118,638 (+318%), from €37,339 to €155,977
mainly Debts after one year (+€87,046) and Receivables within one year (+€49,238)
- Receivables within one year -€49,238
down €49,238 (-48.4%), from €101,733 to €52,495
of which Trade receivables: -€69,168
- Intangible fixed assets -€38,084
down €38,084 (-100%), from €38,084 to €0
- Formation expenses +€9,280
new in 2025: €9,280
- Tangible fixed assets -€7,857
down €7,857 (-5.0%), from €158,577 to €150,720
of which Furniture and vehicles: -€7,857
- Debts after one year +€87,046
up €87,046 (+105%), from €82,919 to €169,965
- Profit (loss) carried forward -€22,660
down €22,660 (-17.7%), from €127,771 to €105,111
- Reserves -€15,972
down €15,972 (-29.1%), from €54,964 to €38,992
of which Distributable reserves: -€15,688
- Other debts -€15,839
down €15,839 (-71.2%), from €22,246 to €6,407
- Current portion of long-term debt -€14,665
down €14,665 (-78.0%), from €18,808 to €4,143
- Gross operating margin -€43,143
down €43,143 (-33.6%), from €128,351 to €85,208
- Depreciation -€38,291
down €38,291 (-88.7%), from €43,148 to €4,857
- Taxes -€5,375
down €5,375 (-31.6%), from €17,000 to €11,625
- Financial charges -€3,485
down €3,485 (-32.3%), from €10,778 to €7,293
of which Non-recurring financial charges: -€1,801
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 | €343,293 | €368,562 | +€25,269 | +7.4% |
| Formation expenses | 20 | - | €9,280 | +€9,280 | |
| Fixed assets | 21/28 | €199,418 | €150,720 | -€48,698 | -24.4% |
| Intangible fixed assets | 21 | €38,084 | €0 | -€38,084 | -100% |
| Tangible fixed assets | 22/27 | €158,577 | €150,720 | -€7,857 | -5.0% |
| Land and buildings | 22 | €150,720 | €150,720 | = | 0.0% |
| Furniture and vehicles | 24 | €7,857 | €0 | -€7,857 | -100% |
| Financial fixed assets | 28 | €2,757 | €0 | -€2,757 | -100% |
| Current assets | 29/58 | €143,875 | €208,562 | +€64,687 | +45.0% |
| Stocks and contracts in progress | 3 | €4,545 | €0 | -€4,545 | -100% |
| Stocks | 30/36 | €4,545 | €0 | -€4,545 | -100% |
| Amounts receivable within one year | 40/41 | €101,733 | €52,495 | -€49,238 | -48.4% |
| Trade receivables | 40 | €69,168 | €0 | -€69,168 | -100% |
| Other amounts receivable | 41 | €32,565 | €52,495 | +€19,930 | +61.2% |
| Cash at bank and in hand | 54/58 | €37,339 | €155,977 | +€118,638 | +318% |
| Deferred charges and accrued income | 490/1 | €258 | €90 | -€168 | -65.1% |
| Total equity and liabilities | 10/49 | €343,293 | €368,562 | +€25,269 | +7.4% |
| Equity | 10/15 | €201,335 | €157,297 | -€44,038 | -21.9% |
| Contributions | 10/11 | €18,600 | €13,195 | -€5,405 | -29.1% |
| Reserves | 13 | €54,964 | €38,992 | -€15,972 | -29.1% |
| Non-distributable reserves | 130/1 | €284 | €0 | -€284 | -100% |
| Reserves not available under the articles | 1311 | €284 | €0 | -€284 | -100% |
| Distributable reserves | 133 | €54,680 | €38,992 | -€15,688 | -28.7% |
| Profit (loss) carried forward | 14 | €127,771 | €105,111 | -€22,660 | -17.7% |
| Amounts payable | 17/49 | €141,958 | €211,264 | +€69,306 | +48.8% |
| Amounts payable after more than one year | 17 | €82,919 | €169,965 | +€87,046 | +105% |
| Financial debts | 170/4 | €82,919 | €169,965 | +€87,046 | +105% |
| Amounts payable within one year | 42/48 | €59,039 | €39,394 | -€19,645 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €18,808 | €4,143 | -€14,665 | -78.0% |
| Financial debts | 43 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Credit institutions | 430/8 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Trade debts | 44 | €4,179 | €10,846 | +€6,667 | +160% |
| Suppliers | 440/4 | €4,179 | €10,846 | +€6,667 | +160% |
| Taxes, remuneration and social security | 45 | €3,806 | €12,999 | +€9,193 | +242% |
| Taxes | 450/3 | €3,806 | €12,999 | +€9,193 | +242% |
| Other amounts payable | 47/48 | €22,246 | €6,407 | -€15,839 | -71.2% |
| Accrued charges and deferred income | 492/3 | - | €1,905 | +€1,905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,148 | €4,857 | -€38,291 | -88.7% |
| Other operating charges | 640/8 | €3,110 | €3,351 | +€241 | +7.7% |
| Non-recurring operating charges | 66A | - | €28,498 | +€28,498 | |
| Gross operating margin | 9900 | €128,351 | €85,208 | -€43,143 | -33.6% |
| Operating profit (loss) | 9901 | €82,093 | €48,502 | -€33,591 | -40.9% |
| Financial income | 75/76B | €774 | €370 | -€404 | -52.2% |
| Recurring financial income | 75 | €774 | €370 | -€404 | -52.2% |
| Non-recurring financial income | 76B | €774 | - | -€774 | |
| Financial charges | 65/66B | €10,778 | €7,293 | -€3,485 | -32.3% |
| Recurring financial charges | 65 | €8,977 | €7,293 | -€1,684 | -18.8% |
| Non-recurring financial charges | 66B | €1,801 | €0 | -€1,801 | -100% |
| Profit (loss) for the period before taxes | 9903 | €72,089 | €41,579 | -€30,510 | -42.3% |
| Income taxes | 67/77 | €17,000 | €11,625 | -€5,375 | -31.6% |
| Profit (loss) for the period | 9904 | €55,089 | €29,954 | -€25,135 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,089 | €29,954 | -€25,135 | -45.6% |
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 14 October 2026 via checked.be.