LaTo
ActiveSummary
LaTo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.40M and a net result of €626k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+9
Solvency38▼-2
Growth62▲+27
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.08 in 2024; short-term debt: 78% and cash: 76.4% of total assets), and 86.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.4%
Return on assets
3.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3307 sector peers (2025).
NBB · sector comparisonPosition among 3307 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
22 d early
2024
17 d early
2023
42 d early
2022
48 d early
2021
37 d early
2020
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.69M▲ 17.1%
2024 · €5.72M
EBIT margin
10.5%▲ 7.0pp
2024 · 3.6%
Net result
€626k▲ 410%
2024 · €123k
Working capital
€1.13M▲ 44.3%
2024 · €780k
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
Line20212022202320242025
Turnover€6.76M€5.72M▼ 15.4%€6.69M▲ 17.1%
Operating result€966k▲ 146%€773k▼ 20.0%€990k▲ 28.1%€206k▼ 79.2%€706k▲ 243%
Net result€728k▲ 150%€522k▼ 28.3%€693k▲ 32.8%€123k▼ 82.3%€626k▲ 410%
EBIT margin14.6%3.6%▼ 11.0pp10.5%▲ 7.0pp
Equity€680k▲ 197%€1.20M▲ 76.7%€1.89M▲ 57.7%€2.02M▲ 6.5%€2.40M▲ 19.1%
Total assets€23.40M▲ 11.2%€21.01M▼ 10.2%€15.24M▼ 27.5%€13.77M▼ 9.6%€17.86M▲ 29.7%
Debt€22.73M▲ 9.1%€19.81M▼ 12.8%€13.34M▼ 32.6%€11.75M▼ 11.9%€15.46M▲ 31.5%
Working capital€-257k▲ 52.6%€125k€675k▲ 438%€780k▲ 15.5%€1.13M▲ 44.3%
Staff (FTE)13.2=24.5▲ 85.6%23.9▼ 2.4%24.6▲ 2.9%22.8▼ 7.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 243% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.86M
Fixed assets
€2.80M ▼ 13.9%
Current assets
€15.06M ▲ 43.2%
Equity and liabilities €17.86M
Equity
€2.40M ▲ 19.1%
Debt
€15.46M ▲ 31.5%
Debt's share of the balance-sheet total rises from 85.4% to 86.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.36M▲
2024 · €864k
Cash flow
€1.28M▲
2024 · €781k
Current ratio
1.08▲
2024 · 1.08
Debt to equity
6.44▲
2024 · 5.83
ROE
26.0%▲
2024 · 6.1%
ROA
3.5%▲
2024 · 0.9%
Interest coverage
66.70▲
2024 · 14.80
Debt ≤ 1 year
€13.94M▲
2024 · €9.74M
Debt > 1 year
€1.52M▼
2024 · €2.01M
Income taxes
€165k▲
2024 · €81k
Staff costs
€1.92M▼
2024 · €2.02M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €6.76M | €5.72M | €6.69M | ▲ 17.1% |
| Non-recurring operating income76A | €40k | €0 | - | - | €2k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €3.27M | €2.81M | €3.31M | ▲ 18.0% |
| Remuneration, social security and pensions62 | €1.70M | €1.84M | €1.87M | €2.02M | €1.92M | ▼ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €592k | €594k | €638k | €658k | €651k | ▼ 1.1% |
| Other operating charges640/8 | €7k | €97k | €121k | €82k | €169k | ▲ 106% |
| Non-recurring operating charges66A | - | - | €14k | €0 | - | - |
| Gross operating margin9900 | €3.27M | €3.30M | €3.63M | €2.97M | €3.44M | ▲ 16.1% |
| Operating profit (loss)9901 | €966k | €773k | €990k | €206k | €706k | ▲ 243% |
| Financial income75/76B | €843 | €3k | €18k | €56k | €105k | ▲ 88.0% |
| Recurring financial income75 | €843 | €3k | €18k | €56k | €105k | ▲ 88.0% |
| Financial charges65/66B | €44k | €26k | €31k | €58k | €20k | ▼ 65.1% |
| Recurring financial charges65 | €44k | €26k | €31k | €58k | €20k | ▼ 65.1% |
| Profit (loss) for the period before taxes9903 | €924k | €750k | €977k | €203k | €791k | ▲ 289% |
| Income taxes67/77 | €196k | €228k | €284k | €81k | €165k | ▲ 105% |
| Profit (loss) for the period9904 | €728k | €522k | €693k | €123k | €626k | ▲ 410% |
| Profit (loss) for the period to be appropriated9905 | €728k | €522k | €693k | €123k | €626k | ▲ 410% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23.40M | €21.01M | €15.24M | €13.77M | €17.86M | ▲ 29.7% |
| Fixed assets21/28 | €4.81M | €4.25M | €3.80M | €3.25M | €2.80M | ▼ 13.9% |
| Intangible fixed assets21 | €3.70M | €3.25M | €2.81M | €2.36M | €1.91M | ▼ 18.9% |
| Tangible fixed assets22/27 | €1.11M | €992k | €995k | €889k | €884k | ▼ 0.6% |
| Plant, machinery and equipment23 | €77k | €52k | €27k | €6k | €55 | ▼ 99.1% |
| Furniture and vehicles24 | - | - | €152k | €102k | €232k | ▲ 129% |
| Other tangible fixed assets26 | €1.03M | €940k | €816k | €781k | €651k | ▼ 16.6% |
| Current assets29/58 | €18.60M | €16.76M | €11.44M | €10.52M | €15.06M | ▲ 43.2% |
| Amounts receivable after more than one year29 | €216k | €418k | €204k | €444k | €899k | ▲ 102% |
| Trade receivables290 | €216k | - | - | - | - | - |
| Other amounts receivable291 | - | €418k | €204k | €444k | €899k | ▲ 102% |
| Amounts receivable within one year40/41 | €488k | €407k | €516k | €334k | €510k | ▲ 52.9% |
| Trade receivables40 | €292k | €209k | €344k | €18k | €139k | ▲ 673% |
| Other amounts receivable41 | €196k | €199k | €172k | €316k | €372k | ▲ 17.7% |
| Cash at bank and in hand54/58 | €17.90M | €15.94M | €10.72M | €9.74M | €13.65M | ▲ 40.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23.40M | €21.01M | €15.24M | €13.77M | €17.86M | ▲ 29.7% |
| Equity10/15 | €680k | €1.20M | €1.89M | €2.02M | €2.40M | ▲ 19.1% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves not available under the articles1311 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €625k | €1.15M | €1.84M | €1.96M | €2.35M | ▲ 19.7% |
| Amounts payable17/49 | €22.73M | €19.81M | €13.34M | €11.75M | €15.46M | ▲ 31.5% |
| Amounts payable after more than one year17 | €3.87M | €3.17M | €2.58M | €2.01M | €1.52M | ▼ 24.4% |
| Financial debts170/4 | €3.87M | €3.17M | €2.58M | €2.01M | €1.52M | ▼ 24.4% |
| Amounts payable within one year42/48 | €18.86M | €16.64M | €10.76M | €9.74M | €13.94M | ▲ 43.1% |
| Current portion of amounts payable after more than one year42 | €719k | €699k | €731k | €580k | €491k | ▼ 15.2% |
| Financial debts43 | €117k | €209k | €0 | €125k | €0 | ▼ 100% |
| Credit institutions430/8 | €117k | €209k | €0 | €125k | €0 | ▼ 100% |
| Trade debts44 | €14.43M | €13.09M | €7.47M | €7.17M | €10.37M | ▲ 44.7% |
| Suppliers440/4 | €14.43M | €13.09M | €7.47M | €7.17M | €10.37M | ▲ 44.7% |
| Advances received on contracts in progress46 | €1k | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €3.09M | €2.49M | €2.24M | €1.70M | €2.38M | ▲ 39.8% |
| Taxes450/3 | €168k | €75k | €147k | €77k | €127k | ▲ 65.5% |
| Remuneration and social security454/9 | €2.92M | €2.42M | €2.09M | €1.62M | €2.25M | ▲ 38.6% |
| Other amounts payable47/48 | €503k | €150k | €321k | €166k | €696k | ▲ 318% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €728k | €522k | €693k | €123k | €626k | ▲ 410% |
| + Depreciation and write-downs630 | €592k | €594k | €638k | €658k | €651k | ▼ 1.1% |
| Operating cash flow (approximation) | €1.32M | €1.12M | €1.33M | €781k | €1.28M | ▲ 63.5% |
| Investment in fixed assets (approximation) | - | €-35k | €-194k | €-106k | €-200k | ▼ 88.9% |
| Change in cash | - | €-1.96M | €-5.22M | €-975k | €3.91M | ▲ 501% |
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €123k ▼82.3%
Net result drops to €123k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2MEq €2.02M ▲6.5%
5 profitable years in a row build equity to €2.02M.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.20M ▲76.7%
3 profitable years in a row build equity to €1.20M.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2020net €728k ▲150%
Net result €728k, the highest in the series.
31-12
Financial
Equity above €500kEq €680k ▲197%
2 profitable years in a row build equity to €680k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Ground area
1,737 m²
Building footprint
184 m²
Volume, LiDAR
974 m³
Parcel 11462A0205/00N008, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
LaTo
since 20202.301.390.623
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11462A0205/00N008 | Flanders | 1,737 m² | 1 · 183 m² | 11.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 37,437 EUR awarded · 38,565 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,743 EUR | 5,863 EUR |
| 2024 | 2 | 8,898 EUR | 9,312 EUR |
| 2023 | 2 | 13,177 EUR | 13,771 EUR |
| 2022 | 2 | 9,619 EUR | 9,619 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,261 companies in sector 69102 we hold annual accounts for 1,755. 887 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69102Activities of notaries
Scores and ratios are computed by Checked and are not a credit decision.