LATITUDE
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 331 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 30-09-2024, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
31 d early
2023
47 d early
2022
4 d early
2021
5 d early
2020
10 d late
2019
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.4m▼ 1.6%
2023 · €1.4m
Total assets
€2.0m▲ 41.6%
2023 · €1.4m
Net result
-€22,000▼ 2,220%
2023 · -€948
Working capital
-€605,478
2023 · €2,257
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€2,873▼ 111%-€2,743▲ 4.5%-€2,591▲ 5.5%-€4,533▼ 75.0%-€3,341▲ 26.3%
Net result-€3,012▼ 102%-€2,386▲ 20.8%-€2,786▼ 16.8%-€948▲ 66.0%-€22,000▼ 2,220%
Equity€1.8m▼ 0.2%€1.8m▼ 0.1%€1.8m▼ 0.2%€1.4m▼ 24.0%€1.4m▼ 1.6%
Total assets€1.8m▼ 0.1%€1.8m=€1.8m=€1.4m▼ 24.1%€2.0m▲ 41.6%
Debt€1,890▲ 385%€4,500▲ 138%€6,561▲ 45.8%€3,000▼ 54.3%€606,930▲ 20,131%
Working capital-€622-€3,008▼ 384%-€5,795▼ 92.6%€2,257-€605,478
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,341 in 2024 against €4,533 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€2.0m ▲ 42.0%
Current assets
€1,452 ▼ 72.4%
Equity and liabilities €2.0m
Equity
€1.4m ▼ 1.6%
Debt
€606,930 ▲ 20,131%
Debt's share of the balance-sheet total rises from 0.2% to 30.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00▼
2023 · 1.75
Debt to equity
0.44▲
2023 · 0.00
ROE
-1.6%▼
2023 · -0.1%
ROA
-1.1%▼
2023 · -0.1%
Debt ≤ 1 year
€606,930▲
2023 · €3,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€2,873 | -€2,743 | -€2,591 | -€4,533 | -€3,341 | ▲ 26.3% |
| Operating profit (loss)9901 | -€2,873 | -€2,743 | -€2,591 | -€4,533 | -€3,341 | ▲ 26.3% |
| Financial income75/76B | - | - | - | €3,790 | €0 | ▼ 100% |
| Recurring financial income75 | - | €390 | - | €3,790 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | €195 | €205 | €18,659 | ▲ 8,984% |
| Recurring financial charges65 | €139 | €33 | €195 | €205 | €18,659 | ▲ 8,984% |
| Profit (loss) for the period before taxes9903 | -€3,012 | -€2,386 | -€2,786 | -€948 | -€22,000 | ▼ 2,220% |
| Profit (loss) for the period9904 | -€3,012 | -€2,386 | -€2,786 | -€948 | -€22,000 | ▼ 2,220% |
| Profit (loss) for the period to be appropriated9905 | -€3,012 | -€2,386 | -€2,786 | -€948 | -€22,000 | ▼ 2,220% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.8m | €1.8m | €1.4m | €2.0m | ▲ 41.6% |
| Fixed assets21/28 | €1.8m | €1.8m | €1.8m | €1.4m | €2.0m | ▲ 42.0% |
| Financial fixed assets28 | €1.8m | €1.8m | €1.8m | €1.4m | €2.0m | ▲ 42.0% |
| Current assets29/58 | €1,268 | €1,492 | €767 | €5,257 | €1,452 | ▼ 72.4% |
| Cash at bank and in hand54/58 | €1,268 | €1,492 | €767 | €5,257 | €1,452 | ▼ 72.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.8m | €1.8m | €1.4m | €2.0m | ▲ 41.6% |
| Equity10/15 | €1.8m | €1.8m | €1.8m | €1.4m | €1.4m | ▼ 1.6% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.2m | €1.2m | = |
| Capital10 | - | - | €1.7m | €1.2m | €1.2m | = |
| Issued capital100 | - | - | €2.1m | €1.2m | €1.2m | = |
| Uncalled capital101 | - | - | €450,000 | €0 | - | - |
| Reserves13 | €24,374 | €24,374 | €24,374 | €24,374 | €24,374 | = |
| Non-distributable reserves130/1 | - | - | €24,374 | €24,374 | €24,374 | = |
| Legal reserve130 | - | - | €24,374 | €24,374 | €24,374 | = |
| Profit (loss) carried forward14 | €169,094 | €166,707 | €163,921 | €162,973 | €140,973 | ▼ 13.5% |
| Amounts payable17/49 | €1,890 | €4,500 | €6,561 | €3,000 | €606,930 | ▲ 20,131% |
| Amounts payable within one year42/48 | €1,890 | €4,500 | €6,561 | €3,000 | €606,930 | ▲ 20,131% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €369,930 | - |
| Trade debts44 | €390 | - | €561 | €0 | - | - |
| Suppliers440/4 | - | - | €561 | €0 | - | - |
| Other amounts payable47/48 | - | - | €6,000 | €3,000 | €237,000 | ▲ 7,800% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,012 | -€2,386 | -€2,786 | -€948 | -€22,000 | ▼ 2,220% |
| Operating cash flow (approximation) | -€3,012 | -€2,386 | -€2,786 | -€948 | -€22,000 | ▼ 2,220% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €450,000 | -€585,735 | ▼ 230% |
| Change in cash | - | €224 | -€725 | €4,490 | -€3,805 | ▼ 185% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€22,000
Net result drops to -€22,000, the lowest in the series.
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity times 15current ratio 1.75
Current ratio from 0.12 to 1.75; short-term debt falls from €6,561 to €3,000.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
3 ownersOwners 3
-
33.33%
-
33.33%
-
30%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
11.32%
According to the annual accounts to 31-03-2024 of LATITUDE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.