LATHI CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 09-07-2026, 22 days before the deadline-€2,617
▲ €5,108
-€8,253
▲ €430
-€4,991
▲ €714
€73,813
▼ 6.0%
99.8%
▲ 0.3 percentage points
-
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €74,184 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
99.8%
Higher than 95% of 2,642 companies in 2025.
-
Higher than 85% of 1,989 companies in 2023.
-6.7%
Higher than 12% of 2,622 companies in 2025.
LATHI CONSTRUCT
Middle half of the sector
80% of the sector
Abbreviated accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
74,184 | 79,441 | 132,914 | 308,199 | 318,275 | 241,842 | 261,269 | 144,668 | 136,779 | |
21/28 |
244 | 504 | 764 | 16,776 | 41,342 | 82,653 | 113,560 | 35,864 | 26,624 | |
22/27 |
244 | 504 | 764 | 16,776 | 41,342 | 82,653 | 113,560 | 35,864 | 26,624 | |
23 |
244 | 504 | 764 | 8,609 | 18,027 | 14,911 | 21,476 | 23,847 | 12,498 | |
24 |
- | - | - | 8,167 | 23,316 | 67,743 | 92,085 | 12,017 | 14,125 | |
29/58 |
73,940 | 78,937 | 132,150 | 291,423 | 276,933 | 159,189 | 147,709 | 108,804 | 110,155 | |
3 |
- | - | - | 3,940 | 18,476 | 17,000 | - | - | - | |
30/36 |
- | - | - | 3,940 | 8,020 | 10,000 | - | - | - | |
37 |
- | - | - | - | 10,456 | 7,000 | - | - | - | |
40/41 |
73,789 | 76,593 | 102,142 | 189,812 | 251,163 | 138,362 | 140,071 | 81,686 | 47,914 | |
40 |
152 | 5,841 | 26,530 | 137,393 | 229,842 | 124,749 | 107,243 | 77,729 | 47,899 | |
41 |
73,636 | 70,751 | 75,612 | 52,419 | 21,321 | 13,614 | 32,828 | 3,957 | 15 | |
54/58 |
151 | 2,149 | 30,008 | 97,671 | 7,294 | 3,827 | 7,638 | 24,617 | 62,241 | |
490/1 |
- | 195 | - | - | - | - | - | 2,500 | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
74,184 | 79,441 | 132,914 | 308,199 | 318,275 | 241,842 | 261,269 | 144,668 | 136,779 | |
10/15 |
74,057 | 79,048 | 84,752 | 129,216 | 122,533 | 79,019 | 39,585 | 46,564 | 36,622 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
123,016 | 123,016 | 123,016 | 123,016 | 116,333 | 72,819 | 33,385 | 40,364 | 30,422 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
121,156 | 121,156 | 121,156 | 121,156 | 114,473 | 70,959 | 31,525 | 38,504 | 28,562 | |
14 |
-55,159 | -50,169 | -44,464 | - | - | - | - | - | - | |
17/49 |
127 | 393 | 48,162 | 178,982 | 195,742 | 162,823 | 221,684 | 98,104 | 100,156 | |
17 |
- | - | 17,209 | 29,503 | 47,974 | 57,129 | 77,315 | 17,822 | 11,513 | |
170/4 |
- | - | 17,209 | 29,503 | 47,974 | 57,129 | 77,315 | 17,822 | 11,513 | |
42/48 |
127 | 393 | 30,953 | 149,480 | 147,768 | 105,694 | 144,369 | 80,282 | 85,644 | |
42 |
- | - | 22,293 | 22,785 | 29,635 | 20,186 | 19,843 | 7,579 | 3,313 | |
43 |
- | - | - | - | - | - | 28,550 | - | - | |
430/8 |
- | - | - | - | - | - | 28,550 | - | - | |
44 |
127 | 393 | 42 | 105,356 | 107,862 | 80,087 | 66,259 | 25,047 | 43,442 | |
440/4 |
127 | 393 | 42 | 105,356 | 107,862 | 80,087 | 66,259 | 25,047 | 43,442 | |
45 |
- | - | 8,617 | 21,339 | 9,259 | 4,278 | - | 16,931 | 24,486 | |
450/3 |
- | - | 8,617 | 20,406 | 4,068 | 3,325 | - | 15,428 | 18,518 | |
454/9 |
- | - | - | 933 | 5,191 | 953 | - | 1,503 | 5,967 | |
47/48 |
- | - | - | - | 1,013 | 1,143 | 29,717 | 30,725 | 14,403 | |
492/3 |
- | - | - | - | - | - | - | - | 3,000 | |
| Income statement | ||||||||||
76A |
- | - | 17,338 | - | - | - | - | - | - | |
9900 |
-2,617 | -7,725 | -26,249 | 260,416 | 312,632 | 221,361 | 139,616 | 100,567 | 86,810 | |
60/61 |
- | - | - | 1.0m | 1.2m | - | - | - | - | |
62 |
- | - | 2,411 | 185,504 | 222,801 | 139,743 | 109,171 | 74,696 | 28,775 | |
630 |
260 | 260 | 260 | 16,373 | 25,000 | 33,581 | 34,729 | 11,242 | 7,413 | |
631/4 |
-1,155 | - | 1,155 | -5,660 | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | 5,660 | |
640/8 |
6,531 | 698 | 1,215 | 3,195 | 2,741 | 1,469 | 1,285 | 1,007 | 1,437 | |
66A |
- | - | 13,539 | 7,755 | - | - | - | - | - | |
9901 |
-8,253 | -8,683 | -44,829 | 53,248 | 62,090 | 46,569 | -5,570 | 13,622 | 43,524 | |
75/76B |
3,841 | 4,043 | 3,350 | 943 | 41 | 47 | 29 | 168 | 3 | |
75 |
3,841 | 4,043 | 3,350 | 943 | 41 | 47 | 29 | 168 | 3 | |
65/66B |
374 | 1,064 | 2,960 | 4,013 | 3,320 | 2,491 | 2,452 | 1,888 | 638 | |
65 |
374 | 1,064 | 2,960 | 4,013 | 3,320 | 2,491 | 2,452 | 1,888 | 638 | |
9903 |
-4,786 | -5,704 | -44,439 | 50,178 | 58,811 | 44,124 | -7,994 | 11,902 | 42,890 | |
67/77 |
204 | - | 25 | 13,495 | 15,297 | 4,690 | -1,015 | 1,960 | 12,467 | |
9904 |
-4,991 | -5,704 | -44,464 | 36,683 | 43,514 | 39,434 | -6,978 | 9,941 | 30,422 | |
9905 |
-4,991 | -5,704 | -44,464 | 36,683 | 43,514 | 39,434 | -6,978 | 9,941 | 30,422 | |
| Appropriation of the result | ||||||||||
9906 |
-55,159 | -50,169 | -44,464 | 36,683 | 43,514 | 39,434 | -6,978 | 9,941 | 30,422 | |
14P |
-50,169 | -44,464 | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 6,978 | - | - | |
691/2 |
- | - | - | 6,683 | 43,514 | 39,434 | - | 9,941 | 30,422 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | 6,683 | 43,514 | 39,434 | - | 9,941 | 28,562 | |
694/7 |
- | - | - | 30,000 | - | - | - | - | - | |
695 |
- | - | - | 30,000 | - | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
- | - | 3.4 | 3.4 | 4.9 | 3.5 | 2.2 | 2 | 1 | |
Hours worked1013 |
- | - | - | 5,154 | 6,586 | 4,443 | 3,415 | 3,240 | 974 | |
| Document | ||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00279941 | |
| 31-12-2024 | abbreviated format | 27-06-2025 | 2025-00200757 | |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00311924 | |
| 31-12-2022 | abbreviated format | 28-09-2023 | 2023-00460038 | |
| 31-12-2021 | abbreviated format | 16-08-2022 | 2022-20299300 | |
| 31-12-2020 | abbreviated format | 15-07-2021 | 2021-37200417 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-38900591 | |
| 31-12-2018 | abbreviated format | 23-07-2019 | 2019-38100557 | |
| 31-12-2017 | micro format | 28-06-2018 | 2018-24400021 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| -7,993 | -8,423 | -44,569 | 69,621 | 87,090 | 80,150 | 29,159 | 24,863 | 50,938 | ||
| -4,731 | -5,444 | -44,204 | 53,056 | 68,514 | 73,015 | 27,750 | 21,183 | 37,836 | ||
| 3,496 | 0 | 49,623 | 85,000 | 31,225 | 3,474 | 112,425 | 28,433 | 34,037 | ||
| -1,997 | -27,859 | -67,663 | 90,377 | 3,468 | -3,811 | -16,980 | -37,624 | - | ||
| 73,813 | 78,543 | 101,197 | 141,943 | 129,165 | 53,495 | 3,340 | 28,522 | 24,512 | ||
| 99.8% | 99.5% | 63.8% | 41.9% | 38.5% | 32.7% | 15.2% | 32.2% | 26.8% | ||
| - | - | 4.27 | 1.95 | 1.87 | 1.51 | 1.02 | 1.36 | 1.29 | ||
| - | - | 4.27 | 1.92 | 1.75 | 1.35 | 1.02 | 1.36 | 1.29 | ||
| 0.00 | 0.00 | 0.57 | 1.39 | 1.60 | 2.06 | 5.60 | 2.11 | 2.73 | ||
| -6.7% | -7.2% | -52.5% | 28.4% | 35.5% | 49.9% | -17.6% | 21.3% | 83.1% | ||
| -6.7% | -7.2% | -33.5% | 11.9% | 13.7% | 16.3% | -2.7% | 6.9% | 22.2% | ||
| -21.39 | -7.92 | -15.06 | 17.35 | 26.23 | - | - | - | - | ||
| - | - | - | 37 days | 34 days | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €74,184, equity €74,057).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 5 |
| full-time | - | 1 | 5 |
| in full-time equivalents | - | 1 | 5 |
| 3.4 | 3.4 | 4.9 | |
| On a permanent contract | - | 1 | 5 |
| Joined | 0 | 0 | 1 |
| Left | 1 | 4 | 0 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,496 | - | €49,623 | €85,000 | €31,225 |
| €260 | €260 | €260 | €16,373 | €25,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LATHI CONSTRUCT
The operating result for 2025 is a loss of €8,253, smaller than the loss of €8,683 in 2024.
Debt's share of the balance-sheet total falls from 0.5% to 0.2%. Equity and debt are lower.