Lyvema+: 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.
Lyvema+
Largest movements
- Intangible fixed assets -€62,857
down €62,857 (-20.0%), from €314,975 to €252,117
- Cash -€24,387
down €24,387 (-99.8%), from €24,443 to €56
mainly Debts after one year (-€121,207) and Trade debts (-€49,668)
- Debts after one year -€121,207
down €121,207 (-35.0%), from €346,176 to €224,969
- Current portion of long-term debt +€61,821
new in 2025: €61,821
- Trade debts -€49,668
down €49,668 (-73.1%), from €67,905 to €18,237
- Short-term financial debts +€19,151
new in 2025: €19,151
- Tax, wage and social debts +€6,590
up €6,590 (+48.5%), from €13,597 to €20,187
of which Taxes: +€5,774
- Gross operating margin +€6,141
up €6,141 (+6.0%), from €102,741 to €108,882
- Other operating charges +€3,169
up €3,169 (+454%), from €698 to €3,867
- Financial income +€2,616
up €2,616 (+735%), from €356 to €2,972
- Staff costs +€2,121
up €2,121 (+19.7%), from €10,767 to €12,888
- Financial charges -€1,636
down €1,636 (-6.0%), from €27,458 to €25,822
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 | €462,141 | €376,069 | -€86,073 | -18.6% |
| Fixed assets | 21/28 | €326,269 | €265,217 | -€61,053 | -18.7% |
| Intangible fixed assets | 21 | €314,975 | €252,117 | -€62,857 | -20.0% |
| Tangible fixed assets | 22/27 | €11,070 | €12,499 | +€1,430 | +12.9% |
| Furniture and vehicles | 24 | €9,670 | €11,456 | +€1,785 | +18.5% |
| Other tangible fixed assets | 26 | €1,399 | €1,044 | -€356 | -25.4% |
| Financial fixed assets | 28 | €225 | €600 | +€375 | +167% |
| Current assets | 29/58 | €135,872 | €110,852 | -€25,020 | -18.4% |
| Amounts receivable within one year | 40/41 | €107,826 | €109,209 | +€1,383 | +1.3% |
| Trade receivables | 40 | €107,826 | €109,196 | +€1,371 | +1.3% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €24,443 | €56 | -€24,387 | -99.8% |
| Deferred charges and accrued income | 490/1 | €3,603 | €1,587 | -€2,016 | -56.0% |
| Total equity and liabilities | 10/49 | €462,141 | €376,069 | -€86,073 | -18.6% |
| Equity | 10/15 | €26,101 | €27,725 | +€1,624 | +6.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,899 | -€2,275 | +€1,624 | +41.7% |
| Amounts payable | 17/49 | €436,040 | €348,344 | -€87,697 | -20.1% |
| Amounts payable after more than one year | 17 | €346,176 | €224,969 | -€121,207 | -35.0% |
| Financial debts | 170/4 | €346,176 | €224,969 | -€121,207 | -35.0% |
| Amounts payable within one year | 42/48 | €89,865 | €123,375 | +€33,510 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | - | €61,821 | +€61,821 | |
| Financial debts | 43 | - | €19,151 | +€19,151 | |
| Credit institutions | 430/8 | - | €19,151 | +€19,151 | |
| Trade debts | 44 | €67,905 | €18,237 | -€49,668 | -73.1% |
| Suppliers | 440/4 | €67,905 | €18,237 | -€49,668 | -73.1% |
| Taxes, remuneration and social security | 45 | €13,597 | €20,187 | +€6,590 | +48.5% |
| Taxes | 450/3 | €13,198 | €18,972 | +€5,774 | +43.7% |
| Remuneration and social security | 454/9 | €399 | €1,215 | +€816 | +204% |
| Other amounts payable | 47/48 | €8,362 | €3,979 | -€4,383 | -52.4% |
| Remuneration, social security and pensions | 62 | €10,767 | €12,888 | +€2,121 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,084 | €67,671 | +€1,586 | +2.4% |
| Other operating charges | 640/8 | €698 | €3,867 | +€3,169 | +454% |
| Gross operating margin | 9900 | €102,741 | €108,882 | +€6,141 | +6.0% |
| Operating profit (loss) | 9901 | €25,192 | €24,456 | -€735 | -2.9% |
| Financial income | 75/76B | €356 | €2,972 | +€2,616 | +735% |
| Recurring financial income | 75 | €356 | €2,972 | +€2,616 | +735% |
| Financial charges | 65/66B | €27,458 | €25,822 | -€1,636 | -6.0% |
| Recurring financial charges | 65 | €27,458 | €25,822 | -€1,636 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,911 | €1,606 | +€3,517 | |
| Income taxes | 67/77 | €220 | -€18 | -€238 | |
| Profit (loss) for the period | 9904 | -€2,131 | €1,624 | +€3,755 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,131 | €1,624 | +€3,755 |
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 13 October 2026 via checked.be.