LivoVabo is the name of the company (see https://livo.be/contact: they write LivoVabo nv) while Livo is the public name they use to the public.  Anyway, it is strange that you are commenting on this changeset by Rik007 whereas the name was added… 13 years ago by someone else.  (Rik007’s minor spelling correction looks okay.)

@VDL549: I saw you reverted the name 3 minutes after writing this message, without letting the other mapper reply to you.  If you want to change it, fine, but at least make sure not to just touch the name, otherwise the map just knows about "a building named Livo".  Instead, add relevant tags to really improve the map.  You did some research and found their website: may I suggest that, instead of commenting on random changesets, you do that: add relevant tags such as office=company and contact:website.