LivWise: 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.
What changed
LivWise
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€341,413
2024 · -€798,273+€456,860
Equity
€2.3m
2024 · €2.7m-€341,413
Cash
€145,955
2024 · €297,456-€151,500
Balance sheet total
€15.7m
2024 · €15.9m-€266,319
Largest movements
Assets
- Receivables within one year +€456,768
up €456,768 (+24.1%), from €1.9m to €2.3m
of which Trade receivables: +€508,728
- Stocks and contracts -€425,107
down €425,107 (-3.6%), from €11.8m to €11.4m
- Receivables after one year +€360,810
up €360,810 (+445%), from €81,022 to €441,832
- Intangible fixed assets -€336,049
down €336,049 (-45.6%), from €737,461 to €401,412
Equity and liabilities
- Short-term financial debts +€1.9m
up €1.9m (+46.8%), from €4.0m to €5.9m
- Debts after one year -€1.4m
down €1.4m (-39.8%), from €3.5m to €2.1m
- Trade debts -€352,724
down €352,724 (-11.3%), from €3.1m to €2.8m
- Profit (loss) carried forward -€341,413
down €341,413 (-17.6%), from -€1.9m to -€2.3m
- Current portion of long-term debt -€197,766
down €197,766 (-14.8%), from €1.3m to €1.1m
Income statement
- Write-downs +€1.0m
up €1.0m (+70.0%), from -€1.5m to -€435,735
- Goods and materials -€684,357
down €684,357 (-5.6%), from €12.2m to €11.5m
of which Change in stocks: decrease (increase): -€1.8m
- Other operating income +€571,838
up €571,838 (+205%), from €279,089 to €850,927
- Services and other goods +€286,941
up €286,941 (+4.3%), from €6.7m to €7.0m
- Turnover +€270,246
up €270,246 (+1.3%), from €20.6m to €20.9m
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.
Result 2024
-€798,273
Turnover
+€270,246
Other operating income
+€571,838
Goods and materials
+€684,357
Services and other goods
-€286,941
Staff costs
+€92,993
Depreciation
+€119,678
Write-downs
-€1.0m
Other operating charges
-€1,789
Other operating items
+€39,587
Financial income
+€18,493
Financial charges
-€36,144
Taxes
-€181
Result 2025
-€341,413
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€164,696
Investment
-€273,052
Financing
+€286,248
Cash 2024
€297,456
From operations (derived)
-€164,696
Net result for the year
-€341,413
Depreciation
+€702,557
Receivables after one year
-€360,810
Stocks and contracts
+€425,107
Receivables within one year
-€456,768
Deferred charges and accrued income
+€77,785
Trade debts
-€352,724
Tax, wage and social debts
+€98,373
Other debts
+€2,570
Accrued charges and deferred income
+€40,628
Investment (derived)
-€273,052
Investment in fixed assets (net)
-€273,052
Financing
+€286,248
Debts after one year
-€1.4m
Current portion of long-term debt
-€197,766
Short-term financial debts
+€1.9m
Cash 2025
€145,955
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,918,427 | €15,652,108 | -€266,319 | -1.7% |
| Fixed assets | 21/28 | €1,509,817 | €1,080,312 | -€429,505 | -28.4% |
| Intangible fixed assets | 21 | €737,461 | €401,412 | -€336,049 | -45.6% |
| Tangible fixed assets | 22/27 | €772,305 | €678,850 | -€93,456 | -12.1% |
| Plant, machinery and equipment | 23 | €540,449 | €463,780 | -€76,670 | -14.2% |
| Furniture and vehicles | 24 | €76,881 | €91,640 | +€14,759 | +19.2% |
| Other tangible fixed assets | 26 | €154,975 | €123,430 | -€31,545 | -20.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Other financial fixed assets | 284/8 | €50 | €50 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €14,408,610 | €14,571,796 | +€163,186 | +1.1% |
| Amounts receivable after more than one year | 29 | €81,022 | €441,832 | +€360,810 | +445% |
| Other amounts receivable | 291 | €81,022 | €441,832 | +€360,810 | +445% |
| Stocks and contracts in progress | 3 | €11,822,856 | €11,397,749 | -€425,107 | -3.6% |
| Stocks | 30/36 | €11,822,856 | €11,397,749 | -€425,107 | -3.6% |
| Goods purchased for resale | 34 | €9,419,757 | €9,077,100 | -€342,658 | -3.6% |
| Advance payments | 36 | €2,403,099 | €2,320,650 | -€82,449 | -3.4% |
| Amounts receivable within one year | 40/41 | €1,891,627 | €2,348,395 | +€456,768 | +24.1% |
| Trade receivables | 40 | €1,823,042 | €2,331,770 | +€508,728 | +27.9% |
| Other amounts receivable | 41 | €68,585 | €16,624 | -€51,960 | -75.8% |
| Cash at bank and in hand | 54/58 | €297,456 | €145,955 | -€151,500 | -50.9% |
| Deferred charges and accrued income | 490/1 | €315,650 | €237,865 | -€77,785 | -24.6% |
| Total equity and liabilities | 10/49 | €15,918,427 | €15,652,108 | -€266,319 | -1.7% |
| Equity | 10/15 | €2,688,370 | €2,346,957 | -€341,413 | -12.7% |
| Contributions | 10/11 | €4,562,208 | €4,562,208 | = | 0.0% |
| Capital | 10 | €4,562,208 | €4,562,208 | = | 0.0% |
| Issued capital | 100 | €4,562,208 | €4,562,208 | = | 0.0% |
| Reserves | 13 | €62,450 | €62,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,936,288 | -€2,277,701 | -€341,413 | -17.6% |
| Amounts payable | 17/49 | €13,230,057 | €13,305,151 | +€75,094 | +0.6% |
| Amounts payable after more than one year | 17 | €3,518,510 | €2,118,164 | -€1.4m | -39.8% |
| Financial debts | 170/4 | €3,518,510 | €2,118,164 | -€1.4m | -39.8% |
| Credit institutions | 173 | €2,736,001 | €1,597,048 | -€1.1m | -41.6% |
| Other loans | 174 | €782,508 | €521,116 | -€261,393 | -33.4% |
| Amounts payable within one year | 42/48 | €9,159,123 | €10,593,935 | +€1.4m | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €1,336,719 | €1,138,953 | -€197,766 | -14.8% |
| Financial debts | 43 | €4,022,680 | €5,907,040 | +€1.9m | +46.8% |
| Credit institutions | 430/8 | €4,022,680 | €5,907,040 | +€1.9m | +46.8% |
| Trade debts | 44 | €3,116,568 | €2,763,843 | -€352,724 | -11.3% |
| Suppliers | 440/4 | €3,116,568 | €2,763,843 | -€352,724 | -11.3% |
| Taxes, remuneration and social security | 45 | €426,195 | €524,568 | +€98,373 | +23.1% |
| Taxes | 450/3 | €68,929 | €98,985 | +€30,056 | +43.6% |
| Remuneration and social security | 454/9 | €357,266 | €425,583 | +€68,318 | +19.1% |
| Other amounts payable | 47/48 | €256,960 | €259,530 | +€2,570 | +1.0% |
| Accrued charges and deferred income | 492/3 | €552,424 | €593,052 | +€40,628 | +7.4% |
| Operating income | 70/76A | €20,889,980 | €21,726,186 | +€836,206 | +4.0% |
| Turnover | 70 | €20,596,628 | €20,866,874 | +€270,246 | +1.3% |
| Other operating income | 74 | €279,089 | €850,927 | +€571,838 | +205% |
| Non-recurring operating income | 76A | €14,263 | €8,385 | -€5,878 | -41.2% |
| Operating charges | 60/66A | €21,159,116 | €21,520,629 | +€361,513 | +1.7% |
| Goods for resale, raw materials and consumables | 60 | €12,185,141 | €11,500,784 | -€684,357 | -5.6% |
| Purchases | 600/8 | €9,640,735 | €10,728,049 | +€1.1m | +11.3% |
| Change in stocks: decrease (increase) | 609 | €2,544,406 | €772,735 | -€1.8m | -69.6% |
| Services and other goods | 61 | €6,729,399 | €7,016,339 | +€286,941 | +4.3% |
| Remuneration, social security and pensions | 62 | €2,807,300 | €2,714,307 | -€92,993 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €822,235 | €702,557 | -€119,678 | -14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,451,011 | -€435,735 | +€1.0m | +70.0% |
| Other operating charges | 640/8 | €20,588 | €22,377 | +€1,789 | +8.7% |
| Non-recurring operating charges | 66A | €45,465 | - | -€45,465 | |
| Operating profit (loss) | 9901 | -€269,136 | €205,557 | +€474,693 | |
| Financial income | 75/76B | €55,337 | €73,830 | +€18,493 | +33.4% |
| Recurring financial income | 75 | €55,337 | €73,830 | +€18,493 | +33.4% |
| Income from current assets | 751 | €810 | €1,173 | +€363 | +44.9% |
| Other financial income | 752/9 | €54,527 | €72,656 | +€18,129 | +33.2% |
| Financial charges | 65/66B | €581,768 | €617,913 | +€36,144 | +6.2% |
| Recurring financial charges | 65 | €581,768 | €617,913 | +€36,144 | +6.2% |
| Debt charges | 650 | €416,775 | €404,745 | -€12,030 | -2.9% |
| Other financial charges | 652/9 | €164,994 | €213,168 | +€48,174 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | -€795,568 | -€338,526 | +€457,041 | +57.4% |
| Income taxes | 67/77 | €2,706 | €2,887 | +€181 | +6.7% |
| Taxes | 670/3 | €2,706 | €2,887 | +€181 | +6.7% |
| Profit (loss) for the period | 9904 | -€798,273 | -€341,413 | +€456,860 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€798,273 | -€341,413 | +€456,860 | +57.2% |
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.