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.
What changed
LYVEMA
NACE 69.209, Other tax advisory services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€46,218
2024 · -€39,153-€7,066
Equity
€217,341
2024 · €263,559-€46,218
Cash
€5,834
2024 · €3,278+€2,556
Balance sheet total
€967,389
2024 · €1.0m-€59,753
Largest movements
Assets
- Tangible fixed assets -€37,523
down €37,523 (-4.7%), from €799,103 to €761,580
of which Land and buildings: -€36,068
- Receivables within one year -€20,545
down €20,545 (-17.5%), from €117,665 to €97,120
of which Trade receivables: -€23,369
Equity and liabilities
- Debts after one year +€68,578
up €68,578 (+15.3%), from €449,487 to €518,065
- Trade debts -€49,505
down €49,505 (-49.2%), from €100,597 to €51,093
- Profit (loss) carried forward -€46,218
down €46,218 (-118%), from -€39,153 to -€85,371
- Other debts -€27,099
down €27,099 (-20.2%), from €133,837 to €106,738
Income statement
- Gross operating margin +€22,505
up €22,505 (+79.3%), from €28,392 to €50,897
- Financial income -€16,368
down €16,368 (-89.1%), from €18,365 to €1,997
- Financial charges +€5,337
up €5,337 (+18.8%), from €28,421 to €33,758
- Other operating charges +€5,101
up €5,101 (+157%), from €3,258 to €8,360
- Depreciation +€3,447
up €3,447 (+6.8%), from €50,908 to €54,356
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
-€39,153
Gross operating margin
+€22,505
Staff costs
+€30
Depreciation
-€3,447
Other operating charges
-€5,101
Other operating items
+€2,850
Financial income
-€16,368
Financial charges
-€5,337
Taxes
-€2,197
Result 2025
-€46,218
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
-€56,399
Investment
-€18,374
Financing
+€77,329
Cash 2024
€3,278
From operations (derived)
-€56,399
Net result for the year
-€46,218
Depreciation
+€54,356
Receivables within one year
+€20,545
Deferred charges and accrued income
+€5,782
Provisions
-€9,583
Trade debts
-€49,505
Tax, wage and social debts
-€4,677
Other debts
-€27,099
Investment (derived)
-€18,374
Investment in fixed assets (net)
-€16,833
Current investments
-€1,541
Financing
+€77,329
Debts after one year
+€68,578
Current portion of long-term debt
+€6,496
Short-term financial debts
+€2,256
Cash 2025
€5,834
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,142 | €967,389 | -€59,753 | -5.8% |
| Fixed assets | 21/28 | €800,773 | €763,250 | -€37,523 | -4.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €799,103 | €761,580 | -€37,523 | -4.7% |
| Land and buildings | 22 | €760,430 | €724,362 | -€36,068 | -4.7% |
| Plant, machinery and equipment | 23 | €3,327 | €2,175 | -€1,152 | -34.6% |
| Furniture and vehicles | 24 | €35,347 | €35,044 | -€303 | -0.9% |
| Financial fixed assets | 28 | €1,670 | €1,670 | = | 0.0% |
| Current assets | 29/58 | €226,368 | €204,139 | -€22,230 | -9.8% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €117,665 | €97,120 | -€20,545 | -17.5% |
| Trade receivables | 40 | €107,786 | €84,417 | -€23,369 | -21.7% |
| Other amounts receivable | 41 | €9,879 | €12,703 | +€2,824 | +28.6% |
| Current investments | 50/53 | €59,644 | €61,185 | +€1,541 | +2.6% |
| Cash at bank and in hand | 54/58 | €3,278 | €5,834 | +€2,556 | +78.0% |
| Deferred charges and accrued income | 490/1 | €5,782 | - | -€5,782 | |
| Total equity and liabilities | 10/49 | €1,027,142 | €967,389 | -€59,753 | -5.8% |
| Equity | 10/15 | €263,559 | €217,341 | -€46,218 | -17.5% |
| Contributions | 10/11 | €58,776 | €58,776 | = | 0.0% |
| Reserves | 13 | €243,936 | €243,936 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,877 | €5,877 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,877 | €5,877 | = | 0.0% |
| Distributable reserves | 133 | €238,059 | €238,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,153 | -€85,371 | -€46,218 | -118% |
| Provisions and deferred taxes | 16 | €9,583 | - | -€9,583 | |
| Provisions for liabilities and charges | 160/5 | €9,583 | - | -€9,583 | |
| Major repairs and maintenance | 162 | €9,583 | - | -€9,583 | |
| Amounts payable | 17/49 | €754,000 | €750,048 | -€3,952 | -0.5% |
| Amounts payable after more than one year | 17 | €449,487 | €518,065 | +€68,578 | +15.3% |
| Financial debts | 170/4 | €449,487 | €518,065 | +€68,578 | +15.3% |
| Amounts payable within one year | 42/48 | €304,513 | €231,984 | -€72,529 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €49,435 | €55,931 | +€6,496 | +13.1% |
| Financial debts | 43 | €15,966 | €18,222 | +€2,256 | +14.1% |
| Credit institutions | 430/8 | €15,966 | €18,222 | +€2,256 | +14.1% |
| Trade debts | 44 | €100,597 | €51,093 | -€49,505 | -49.2% |
| Suppliers | 440/4 | €100,597 | €51,093 | -€49,505 | -49.2% |
| Taxes, remuneration and social security | 45 | €4,677 | - | -€4,677 | |
| Taxes | 450/3 | €4,677 | - | -€4,677 | |
| Other amounts payable | 47/48 | €133,837 | €106,738 | -€27,099 | -20.2% |
| Non-recurring operating income | 76A | €4,258 | - | -€4,258 | |
| Remuneration, social security and pensions | 62 | €30 | - | -€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,908 | €54,356 | +€3,447 | +6.8% |
| Other operating charges | 640/8 | €3,258 | €8,360 | +€5,101 | +157% |
| Non-recurring operating charges | 66A | €2,850 | - | -€2,850 | |
| Gross operating margin | 9900 | €28,392 | €50,897 | +€22,505 | +79.3% |
| Operating profit (loss) | 9901 | -€28,655 | -€11,819 | +€16,836 | +58.8% |
| Financial income | 75/76B | €18,365 | €1,997 | -€16,368 | -89.1% |
| Recurring financial income | 75 | €18,365 | €1,997 | -€16,368 | -89.1% |
| Financial charges | 65/66B | €28,421 | €33,758 | +€5,337 | +18.8% |
| Recurring financial charges | 65 | €28,421 | €33,758 | +€5,337 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | -€38,711 | -€43,580 | -€4,869 | -12.6% |
| Income taxes | 67/77 | €442 | €2,639 | +€2,197 | +497% |
| Profit (loss) for the period | 9904 | -€39,153 | -€46,218 | -€7,066 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,153 | -€46,218 | -€7,066 | -18.0% |
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 20 October 2026 via checked.be.