DE LATTHAUWER E. & S.: what changed
What changed
DE LATTHAUWER E. & S.
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€106,800
2024 · €23,346+€83,454
Equity
€726,389
2024 · €730,151-€3,761
Cash
€231,799
2024 · €176,083+€55,716
Balance sheet total
€1.2m
2024 · €995,252+€201,171
Largest movements
Assets
- Tangible fixed assets +€148,773
up €148,773 (+22.4%), from €665,586 to €814,360
of which Furniture and vehicles: +€270,380
- Cash +€55,716
up €55,716 (+31.6%), from €176,083 to €231,799
mainly Depreciation (+€187,453) and Other debts (+€115,170)
- Current investments -€13,600
down €13,600 (-15.9%), from €85,678 to €72,078
Equity and liabilities
- Other debts +€115,170
up €115,170 (+78.0%), from €147,637 to €262,807
- Debts after one year +€52,531
up €52,531 (+84.9%), from €61,879 to €114,410
- Current portion of long-term debt +€23,283
up €23,283 (+48.2%), from €48,259 to €71,542
Income statement
- Gross operating margin +€97,186
up €97,186 (+39.9%), from €243,467 to €340,653
- Taxes +€21,507
up €21,507 (+262%), from €8,197 to €29,704
- Financial charges +€14,999
up €14,999 (+415%), from €3,618 to €18,618
- Financial income +€8,973
up €8,973 (+614%), from €1,462 to €10,435
- Depreciation -€7,477
down €7,477 (-3.8%), from €194,929 to €187,453
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€23,346
Gross operating margin
+€97,186
Depreciation
+€7,477
Write-downs
+€5,631
Other operating charges
+€693
Financial income
+€8,973
Financial charges
-€14,999
Taxes
-€21,507
Result 2025
€106,800
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€413,090
Investment
-€322,627
Financing
-€34,747
Cash 2024
€176,083
From operations (derived)
+€413,090
Net result for the year
+€106,800
Depreciation
+€187,453
Smaller working-capital items
+€1,407
Receivables within one year
-€11,688
Trade debts
+€3,098
Tax, wage and social debts
+€10,850
Other debts
+€115,170
Investment (derived)
-€322,627
Investment in fixed assets (net)
-€336,226
Current investments
+€13,600
Financing
-€34,747
Debts after one year
+€52,531
Current portion of long-term debt
+€23,283
Contributions, distributions and other
-€110,561
Cash 2025
€231,799
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €995,252 | €1,196,423 | +€201,171 | +20.2% |
| Fixed assets | 21/28 | €666,231 | €815,005 | +€148,773 | +22.3% |
| Tangible fixed assets | 22/27 | €665,586 | €814,360 | +€148,773 | +22.4% |
| Land and buildings | 22 | €77,679 | €72,131 | -€5,549 | -7.1% |
| Plant, machinery and equipment | 23 | €352,156 | €262,294 | -€89,862 | -25.5% |
| Furniture and vehicles | 24 | €205,823 | €476,203 | +€270,380 | +131% |
| Leasing and similar rights | 25 | €29,928 | €3,732 | -€26,196 | -87.5% |
| Financial fixed assets | 28 | €645 | €645 | = | 0.0% |
| Current assets | 29/58 | €329,021 | €381,418 | +€52,398 | +15.9% |
| Stocks and contracts in progress | 3 | €5,441 | €4,858 | -€583 | -10.7% |
| Stocks | 30/36 | €5,441 | €4,858 | -€583 | -10.7% |
| Amounts receivable within one year | 40/41 | €57,348 | €69,036 | +€11,688 | +20.4% |
| Trade receivables | 40 | €45,911 | €44,162 | -€1,749 | -3.8% |
| Other amounts receivable | 41 | €11,437 | €24,874 | +€13,437 | +117% |
| Current investments | 50/53 | €85,678 | €72,078 | -€13,600 | -15.9% |
| Cash at bank and in hand | 54/58 | €176,083 | €231,799 | +€55,716 | +31.6% |
| Deferred charges and accrued income | 490/1 | €4,471 | €3,648 | -€824 | -18.4% |
| Total equity and liabilities | 10/49 | €995,252 | €1,196,423 | +€201,171 | +20.2% |
| Equity | 10/15 | €730,151 | €726,389 | -€3,761 | -0.5% |
| Contributions | 10/11 | €66,420 | €66,420 | = | 0.0% |
| Reserves | 13 | €663,731 | €659,970 | -€3,761 | -0.6% |
| Distributable reserves | 133 | €663,731 | €659,970 | -€3,761 | -0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €265,101 | €470,034 | +€204,932 | +77.3% |
| Amounts payable after more than one year | 17 | €61,879 | €114,410 | +€52,531 | +84.9% |
| Financial debts | 170/4 | €61,879 | €114,410 | +€52,531 | +84.9% |
| Amounts payable within one year | 42/48 | €203,222 | €355,623 | +€152,401 | +75.0% |
| Current portion of amounts payable after more than one year | 42 | €48,259 | €71,542 | +€23,283 | +48.2% |
| Trade debts | 44 | €1,310 | €4,409 | +€3,098 | +236% |
| Suppliers | 440/4 | €1,310 | €4,409 | +€3,098 | +236% |
| Taxes, remuneration and social security | 45 | €6,016 | €16,866 | +€10,850 | +180% |
| Taxes | 450/3 | €6,016 | €7,663 | +€1,647 | +27.4% |
| Remuneration and social security | 454/9 | - | €9,203 | +€9,203 | |
| Other amounts payable | 47/48 | €147,637 | €262,807 | +€115,170 | +78.0% |
| Non-recurring operating income | 76A | €2,500 | €93,420 | +€90,920 | +3,637% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,929 | €187,453 | -€7,477 | -3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,631 | €0 | -€5,631 | -100% |
| Other operating charges | 640/8 | €9,206 | €8,513 | -€693 | -7.5% |
| Gross operating margin | 9900 | €243,467 | €340,653 | +€97,186 | +39.9% |
| Operating profit (loss) | 9901 | €33,700 | €144,687 | +€110,987 | +329% |
| Financial income | 75/76B | €1,462 | €10,435 | +€8,973 | +614% |
| Recurring financial income | 75 | €1,462 | €10,435 | +€8,973 | +614% |
| Financial charges | 65/66B | €3,618 | €18,618 | +€14,999 | +415% |
| Recurring financial charges | 65 | €3,618 | €18,618 | +€14,999 | +415% |
| Profit (loss) for the period before taxes | 9903 | €31,544 | €136,504 | +€104,960 | +333% |
| Income taxes | 67/77 | €8,197 | €29,704 | +€21,507 | +262% |
| Profit (loss) for the period | 9904 | €23,346 | €106,800 | +€83,454 | +357% |
| Profit (loss) for the period to be appropriated | 9905 | €23,346 | €106,800 | +€83,454 | +357% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.