Latem experience Center: what changed
What changed
Latem experience Center
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€32,316
2024 · €37,587-€5,271
Equity
€1.1m
2024 · €1.0m+€32,316
Cash
€39,523
2024 · €22,682+€16,840
Balance sheet total
€2.1m
2024 · €2.2m-€99,085
Largest movements
Assets
- Tangible fixed assets -€155,460
down €155,460 (-7.6%), from €2.0m to €1.9m
of which Plant, machinery and equipment: -€97,279
- Receivables within one year +€39,535
up €39,535 (+44.0%), from €89,776 to €129,311
of which Trade receivables: +€25,062
Equity and liabilities
- Other debts -€160,000
down €160,000 (-82.7%), from €193,549 to €33,549
- Profit (loss) carried forward +€32,316
up €32,316 (+17.7%), from €182,871 to €215,187
Income statement
- Other operating charges -€10,817
down €10,817 (-90.0%), from €12,025 to €1,208
- Depreciation +€7,195
up €7,195 (+4.9%), from €146,524 to €153,719
- Gross operating margin -€2,748
down €2,748 (-1.1%), from €243,447 to €240,699
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
€37,587
Gross operating margin
-€2,748
Depreciation
-€7,195
Other operating charges
+€10,817
Other operating items
-€7,113
Financial income
+€39
Financial charges
-€1,091
Taxes
+€2,021
Result 2025
€32,316
raises the resultlowers the resultnot broken down further in the accounts
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
+€2,032
Investment
+€1,741
Financing
+€13,067
Cash 2024
€22,682
From operations (derived)
+€2,032
Net result for the year
+€32,316
Depreciation
+€153,719
Receivables within one year
-€39,535
Trade debts
+€4,167
Tax, wage and social debts
+€10,630
Other debts
-€160,000
Accrued charges and deferred income
+€735
Investment (derived)
+€1,741
Investment in fixed assets (net)
+€1,741
Financing
+€13,067
Debts after one year
+€13,067
Cash 2025
€39,523
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,154,613 | €2,055,528 | -€99,085 | -4.6% |
| Fixed assets | 21/28 | €2,042,154 | €1,886,694 | -€155,460 | -7.6% |
| Tangible fixed assets | 22/27 | €2,042,154 | €1,886,694 | -€155,460 | -7.6% |
| Land and buildings | 22 | €1,779,678 | €1,722,477 | -€57,201 | -3.2% |
| Plant, machinery and equipment | 23 | €255,124 | €157,845 | -€97,279 | -38.1% |
| Furniture and vehicles | 24 | €7,352 | €6,372 | -€980 | -13.3% |
| Current assets | 29/58 | €112,459 | €168,834 | +€56,375 | +50.1% |
| Amounts receivable within one year | 40/41 | €89,776 | €129,311 | +€39,535 | +44.0% |
| Trade receivables | 40 | €86,690 | €111,752 | +€25,062 | +28.9% |
| Other amounts receivable | 41 | €3,087 | €17,559 | +€14,472 | +469% |
| Cash at bank and in hand | 54/58 | €22,682 | €39,523 | +€16,840 | +74.2% |
| Total equity and liabilities | 10/49 | €2,154,613 | €2,055,528 | -€99,085 | -4.6% |
| Equity | 10/15 | €1,042,871 | €1,075,187 | +€32,316 | +3.1% |
| Contributions | 10/11 | €850,000 | €850,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,871 | €215,187 | +€32,316 | +17.7% |
| Amounts payable | 17/49 | €1,111,742 | €980,341 | -€131,401 | -11.8% |
| Amounts payable after more than one year | 17 | €867,227 | €880,294 | +€13,067 | +1.5% |
| Financial debts | 170/4 | €867,227 | €880,294 | +€13,067 | +1.5% |
| Amounts payable within one year | 42/48 | €220,449 | €75,245 | -€145,204 | -65.9% |
| Trade debts | 44 | €1,855 | €6,021 | +€4,167 | +225% |
| Suppliers | 440/4 | €1,855 | €6,021 | +€4,167 | +225% |
| Taxes, remuneration and social security | 45 | €25,045 | €35,674 | +€10,630 | +42.4% |
| Taxes | 450/3 | €25,045 | €35,674 | +€10,630 | +42.4% |
| Other amounts payable | 47/48 | €193,549 | €33,549 | -€160,000 | -82.7% |
| Accrued charges and deferred income | 492/3 | €24,067 | €24,802 | +€735 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,524 | €153,719 | +€7,195 | +4.9% |
| Other operating charges | 640/8 | €12,025 | €1,208 | -€10,817 | -90.0% |
| Non-recurring operating charges | 66A | - | €7,113 | +€7,113 | |
| Gross operating margin | 9900 | €243,447 | €240,699 | -€2,748 | -1.1% |
| Operating profit (loss) | 9901 | €84,898 | €78,659 | -€6,239 | -7.3% |
| Financial income | 75/76B | €1 | €39 | +€39 | +4,949% |
| Recurring financial income | 75 | €1 | €39 | +€39 | +4,949% |
| Financial charges | 65/66B | €34,427 | €35,519 | +€1,091 | +3.2% |
| Recurring financial charges | 65 | €34,427 | €35,519 | +€1,091 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €50,472 | €43,179 | -€7,292 | -14.4% |
| Income taxes | 67/77 | €12,884 | €10,863 | -€2,021 | -15.7% |
| Profit (loss) for the period | 9904 | €37,587 | €32,316 | -€5,271 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,587 | €32,316 | -€5,271 | -14.0% |
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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.