Latdent: 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.
Latdent
Largest movements
- Tangible fixed assets +€879,878
up €879,878 (+329%), from €267,780 to €1.1m
of which Land and buildings: +€794,293
- Cash +€16,780
up €16,780 (+61.1%), from €27,472 to €44,252
mainly Debts after one year (+€952,472) and Other debts (+€197,148)
- Deferred charges and accrued income -€14,953
down €14,953 (-87.2%), from €17,140 to €2,187
- Receivables within one year +€12,283
up €12,283 (+162%), from €7,562 to €19,845
- Debts after one year +€952,472
up €952,472 (+3,090%), from €30,826 to €983,298
- Reserves -€238,867
no longer reported in 2025 (was €238,867)
- Other debts +€197,148
up €197,148 (+579%), from €34,042 to €231,191
- Profit (loss) carried forward -€92,002
new in 2025: -€92,002
- Tax, wage and social debts +€36,888
up €36,888 (+4,694%), from €786 to €37,674
of which Taxes: +€35,908
- Depreciation +€129,057
up €129,057 (+301%), from €42,932 to €171,989
- Gross operating margin +€25,437
up €25,437 (+31.5%), from €80,794 to €106,232
- Financial charges +€13,596
up €13,596 (+279%), from €4,877 to €18,473
- Taxes -€8,283
down €8,283 (-98.2%), from €8,438 to €155
- Staff costs +€6,679
new in 2025: €6,679
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 | €319,954 | €1,213,942 | +€893,988 | +279% |
| Fixed assets | 21/28 | €267,780 | €1,147,658 | +€879,878 | +329% |
| Tangible fixed assets | 22/27 | €267,780 | €1,147,658 | +€879,878 | +329% |
| Land and buildings | 22 | €217,941 | €1,012,234 | +€794,293 | +364% |
| Plant, machinery and equipment | 23 | €7,001 | €93,820 | +€86,819 | +1,240% |
| Furniture and vehicles | 24 | €42,838 | €41,604 | -€1,235 | -2.9% |
| Current assets | 29/58 | €52,174 | €66,284 | +€14,110 | +27.0% |
| Amounts receivable within one year | 40/41 | €7,562 | €19,845 | +€12,283 | +162% |
| Other amounts receivable | 41 | €7,562 | €19,845 | +€12,283 | +162% |
| Cash at bank and in hand | 54/58 | €27,472 | €44,252 | +€16,780 | +61.1% |
| Deferred charges and accrued income | 490/1 | €17,140 | €2,187 | -€14,953 | -87.2% |
| Total equity and liabilities | 10/49 | €319,954 | €1,213,942 | +€893,988 | +279% |
| Equity | 10/15 | €241,367 | -€89,502 | -€330,869 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €238,867 | - | -€238,867 | |
| Distributable reserves | 133 | €238,867 | - | -€238,867 | |
| Profit (loss) carried forward | 14 | - | -€92,002 | -€92,002 | |
| Amounts payable | 17/49 | €78,587 | €1,303,444 | +€1.2m | +1,559% |
| Amounts payable after more than one year | 17 | €30,826 | €983,298 | +€952,472 | +3,090% |
| Financial debts | 170/4 | €30,826 | €983,298 | +€952,472 | +3,090% |
| Amounts payable within one year | 42/48 | €45,928 | €318,067 | +€272,139 | +593% |
| Current portion of amounts payable after more than one year | 42 | €10,165 | €22,576 | +€12,411 | +122% |
| Trade debts | 44 | €935 | €26,626 | +€25,691 | +2,748% |
| Suppliers | 440/4 | €935 | €26,626 | +€25,691 | +2,748% |
| Taxes, remuneration and social security | 45 | €786 | €37,674 | +€36,888 | +4,694% |
| Taxes | 450/3 | €786 | €36,694 | +€35,908 | +4,569% |
| Remuneration and social security | 454/9 | - | €981 | +€981 | |
| Other amounts payable | 47/48 | €34,042 | €231,191 | +€197,148 | +579% |
| Accrued charges and deferred income | 492/3 | €1,834 | €2,079 | +€246 | +13.4% |
| Remuneration, social security and pensions | 62 | - | €6,679 | +€6,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,932 | €171,989 | +€129,057 | +301% |
| Other operating charges | 640/8 | €662 | €937 | +€275 | +41.5% |
| Gross operating margin | 9900 | €80,794 | €106,232 | +€25,437 | +31.5% |
| Operating profit (loss) | 9901 | €37,200 | -€73,374 | -€110,574 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,877 | €18,473 | +€13,596 | +279% |
| Recurring financial charges | 65 | €4,877 | €18,473 | +€13,596 | +279% |
| Profit (loss) for the period before taxes | 9903 | €32,323 | -€91,847 | -€124,170 | |
| Income taxes | 67/77 | €8,438 | €155 | -€8,283 | -98.2% |
| Profit (loss) for the period | 9904 | €23,885 | -€92,002 | -€115,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,885 | -€92,002 | -€115,886 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.