DE LAT L.: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE LAT L.
Largest movements
- Cash +€306,556
up €306,556 (+123%), from €248,636 to €555,192
mainly Net result for the year (+€315,854) and Other debts (+€268,476)
- Tangible fixed assets -€9,465
down €9,465 (-19.7%), from €48,068 to €38,603
of which Plant, machinery and equipment: -€7,155
- Other debts +€268,476
new in 2025: €268,476
- Tax, wage and social debts +€31,797
up €31,797 (+149%), from €21,352 to €53,148
of which Taxes: +€32,947
- Gross operating margin +€76,310
up €76,310 (+20.8%), from €366,369 to €442,679
- Taxes +€24,077
up €24,077 (+28.6%), from €84,202 to €108,278
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,144 | €594,257 | +€297,113 | +100.0% |
| Fixed assets | 21/28 | €48,068 | €38,603 | -€9,465 | -19.7% |
| Tangible fixed assets | 22/27 | €48,068 | €38,603 | -€9,465 | -19.7% |
| Plant, machinery and equipment | 23 | €42,670 | €35,515 | -€7,155 | -16.8% |
| Furniture and vehicles | 24 | €5,398 | €3,088 | -€2,310 | -42.8% |
| Current assets | 29/58 | €249,076 | €555,653 | +€306,577 | +123% |
| Amounts receivable within one year | 40/41 | €440 | €461 | +€21 | +4.7% |
| Other amounts receivable | 41 | €440 | €461 | +€21 | +4.7% |
| Cash at bank and in hand | 54/58 | €248,636 | €555,192 | +€306,556 | +123% |
| Total equity and liabilities | 10/49 | €297,144 | €594,257 | +€297,113 | +100.0% |
| Equity | 10/15 | €270,267 | €270,267 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €265,267 | €265,267 | = | 0.0% |
| Distributable reserves | 133 | €265,267 | €265,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €26,877 | €323,989 | +€297,113 | +1,105% |
| Amounts payable after more than one year | 17 | €697 | €0 | -€697 | -100% |
| Financial debts | 170/4 | €697 | €0 | -€697 | -100% |
| Amounts payable within one year | 42/48 | €26,030 | €323,839 | +€297,809 | +1,144% |
| Current portion of amounts payable after more than one year | 42 | €4,163 | €697 | -€3,467 | -83.3% |
| Trade debts | 44 | €516 | €1,519 | +€1,003 | +195% |
| Suppliers | 440/4 | €516 | €1,519 | +€1,003 | +195% |
| Taxes, remuneration and social security | 45 | €21,352 | €53,148 | +€31,797 | +149% |
| Taxes | 450/3 | €18,852 | €51,798 | +€32,947 | +175% |
| Remuneration and social security | 454/9 | €2,500 | €1,350 | -€1,150 | -46.0% |
| Other amounts payable | 47/48 | - | €268,476 | +€268,476 | |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,760 | €1,760 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,197 | €16,584 | +€1,387 | +9.1% |
| Other operating charges | 640/8 | €174 | €144 | -€30 | -17.0% |
| Gross operating margin | 9900 | €366,369 | €442,679 | +€76,310 | +20.8% |
| Operating profit (loss) | 9901 | €349,238 | €424,190 | +€74,952 | +21.5% |
| Financial income | 75/76B | €0 | €5 | +€5 | +25,050% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +25,050% |
| Financial charges | 65/66B | €341 | €63 | -€278 | -81.5% |
| Recurring financial charges | 65 | €341 | €63 | -€278 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | €348,897 | €424,132 | +€75,235 | +21.6% |
| Income taxes | 67/77 | €84,202 | €108,278 | +€24,077 | +28.6% |
| Profit (loss) for the period | 9904 | €264,696 | €315,854 | +€51,158 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €264,696 | €315,854 | +€51,158 | +19.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.