LATCO: what changed
Two fiscal 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.
LATCO
Largest movements
- Cash +€11,038
up €11,038 (+220.7%), from €5,001 to €16,039
mainly Net result for the year (+€24,062) and Depreciation (+€1,133)
- Receivables within one year +€7,960
up €7,960 (+32.8%), from €24,270 to €32,229
of which Other amounts receivable: +€6,690
- Deferred charges and accrued income +€2,624
up €2,624 (+94.4%), from €2,780 to €5,404
- Tangible fixed assets +€1,162
up €1,162 (+25.6%), from €4,546 to €5,708
of which Plant, machinery and equipment: +€2,287
- Reserves +€24,062
up €24,062 (+223.6%), from €10,763 to €34,825
- Tax, wage and social debts -€2,001
down €2,001 (-15.0%), from €13,349 to €11,348
of which Taxes: -€2,872
- Trade debts +€722
up €722 (+9.2%), from €7,884 to €8,607
- Gross operating margin +€29,291
up €29,291 (+224.0%), from €13,075 to €42,366
- Taxes +€8,408
up €8,408 (+170.7%), from €4,927 to €13,335
- Other operating charges +€571
up €571 (+27.3%), from €2,091 to €2,662
- Financial charges +€486
up €486 (+36.0%), from €1,350 to €1,835
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.
Cash bridge derived
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 | €36,996 | €59,780 | +€22,783 | +61.6% |
| Fixed assets | 21/28 | €4,946 | €6,108 | +€1,162 | +23.5% |
| Tangible fixed assets | 22/27 | €4,546 | €5,708 | +€1,162 | +25.6% |
| Plant, machinery and equipment | 23 | - | €2,287 | +€2,287 | |
| Furniture and vehicles | 24 | €1,666 | €868 | -€798 | -47.9% |
| Other tangible fixed assets | 26 | €2,879 | €2,552 | -€327 | -11.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €32,051 | €53,672 | +€21,622 | +67.5% |
| Amounts receivable within one year | 40/41 | €24,270 | €32,229 | +€7,960 | +32.8% |
| Trade receivables | 40 | €12,100 | €13,369 | +€1,269 | +10.5% |
| Other amounts receivable | 41 | €12,170 | €18,860 | +€6,690 | +55.0% |
| Cash at bank and in hand | 54/58 | €5,001 | €16,039 | +€11,038 | +220.7% |
| Deferred charges and accrued income | 490/1 | €2,780 | €5,404 | +€2,624 | +94.4% |
| Total equity and liabilities | 10/49 | €36,996 | €59,780 | +€22,783 | +61.6% |
| Equity | 10/15 | €15,763 | €39,825 | +€24,062 | +152.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,763 | €34,825 | +€24,062 | +223.6% |
| Distributable reserves | 133 | €10,763 | €34,825 | +€24,062 | +223.6% |
| Amounts payable | 17/49 | €21,233 | €19,955 | -€1,279 | -6.0% |
| Amounts payable within one year | 42/48 | €21,233 | €19,955 | -€1,279 | -6.0% |
| Trade debts | 44 | €7,884 | €8,607 | +€722 | +9.2% |
| Suppliers | 440/4 | €7,884 | €8,607 | +€722 | +9.2% |
| Taxes, remuneration and social security | 45 | €13,349 | €11,348 | -€2,001 | -15.0% |
| Taxes | 450/3 | €13,349 | €10,477 | -€2,872 | -21.5% |
| Remuneration and social security | 454/9 | - | €871 | +€871 | |
| Non-recurring operating income | 76A | €5,503 | - | -€5,503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €738 | €1,133 | +€395 | +53.5% |
| Other operating charges | 640/8 | €2,091 | €2,662 | +€571 | +27.3% |
| Gross operating margin | 9900 | €13,075 | €42,366 | +€29,291 | +224.0% |
| Operating profit (loss) | 9901 | €10,246 | €38,571 | +€28,325 | +276.5% |
| Financial income | 75/76B | €293 | €661 | +€368 | +125.6% |
| Recurring financial income | 75 | €293 | €661 | +€368 | +125.6% |
| Financial charges | 65/66B | €1,350 | €1,835 | +€486 | +36.0% |
| Recurring financial charges | 65 | €1,350 | €1,835 | +€486 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €9,189 | €37,397 | +€28,208 | +307.0% |
| Income taxes | 67/77 | €4,927 | €13,335 | +€8,408 | +170.7% |
| Profit (loss) for the period | 9904 | €4,263 | €24,062 | +€19,800 | +464.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,263 | €24,062 | +€19,800 | +464.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.