Financials
Financial year 2025
LIVEC from Schilde, company number BE0438671315, closed financial year 2025 with a result of € 332,883 after tax. For that financial year LIVEC recorded a gross margin of € 566,429 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 630 to € 332,883. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 1.9 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 332,883
▲ € 332,253 vs 2024
Profit after tax over the fiscal year.
€ 40,460
▲ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.7 million.
People and assets in 2025
€ 90,939
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 5% vs 2024
€ 349,977 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 14,920
▲ 232% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 132,129
▲ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,592 | € 21,637 | € 70,836 | € 566,429 | ▲ € 495,593 |
| Profit after taxes | € 171,173 | € 142,782 | € 630 | € 332,883 | ▲ € 332,253 |
| Equity | € 1,374,174 | € 1,516,956 | € 1,517,585 | € 1,850,468 | ▲ 22% |
| Total debts | € 3,461,331 | € 3,387,779 | € 3,242,800 | € 1,904,993 | ▼ 41% |
| Cash | € 131,950 | € 77,329 | € 25,703 | € 40,460 | ▲ 57% |
| Land & buildings | € 2,883,975 | € 2,615,171 | € 2,641,029 | € 2,577,381 | ▼ 2% |
| Retained profit | € 1,235,419 | € 1,378,201 | € 1,378,831 | € 1,711,714 | ▲ 24% |
| Bank debt | € 1,944,030 | € 1,862,735 | € 1,775,253 | € 1,686,553 | ▼ 5% |
| Balance sheet total | € 4,835,505 | € 4,904,734 | € 4,760,386 | € 3,755,461 | ▼ 21% |
Key figures of LIVEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LIVEC?
What happened at LIVEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 332,883 (▲ € 332,253 vs 2024). filed late Source: NBB ↗
- VERONIQUE BAL became a director. NBB
- CHRISTIAN TEUNISSEN became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 171,173 profit in 2022 to € 332,883 profit in 2025.
Paid € 255,157 in corporate taxes since 2022.
Best year ever: 2025, with € 332,883 profit.
Management
Behind LIVEC are VERONIQUE BAL and CHRISTIAN TEUNISSEN. CHRISTIAN TEUNISSEN is also behind Immo DDL, TEUVAN, LANDWIN, GROPIUS and CORAL.
Directors
According to the 2025 annual accounts
VERONIQUE BAL
Director
since 2012
CHRISTIAN TEUNISSEN
Managing director
Also active at: Immo DDL, TEUVAN, LANDWIN, GROPIUS, CORAL, CORAL BUILD, IMMO PARKLAND, SILEX +6 more
since 2002
Establishments
Establishment units
Physical locations of this company
Wijnegemsteenweg 75
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.671.315
- VAT number
- BE 0438.671.315
- Registered office
- Wijnegemsteenweg 75, 2970 Schilde
- Names & denominations
- LIVEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1989
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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