LATEM HOLDING: 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.
LATEM HOLDING
Largest movements
- Tangible fixed assets -€1,648
down €1,648 (-2.5%), from €64,652 to €63,004
- Receivables within one year +€1,082
up €1,082 (+39.0%), from €2,775 to €3,857
- Cash -€763
down €763 (-36.6%), from €2,086 to €1,324
mainly Net result for the year (-€6,848) and Receivables within one year (-€1,082)
- Profit (loss) carried forward -€6,848
down €6,848 (-37.3%), from -€18,362 to -€25,210
- Other debts +€5,106
up €5,106 (+7.4%), from €68,830 to €73,936
- Gross operating margin -€4,064
down €4,064, from €3,177 to -€887
- Depreciation -€295
down €295 (-15.2%), from €1,943 to €1,648
- Other operating charges +€226
up €226 (+65.4%), from €345 to €570
- Financial charges -€56
down €56 (-1.5%), from €3,799 to €3,743
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 | €69,560 | €68,228 | -€1,331 | -1.9% |
| Fixed assets | 21/28 | €64,652 | €63,004 | -€1,648 | -2.5% |
| Tangible fixed assets | 22/27 | €64,652 | €63,004 | -€1,648 | -2.5% |
| Land and buildings | 22 | €64,652 | €63,004 | -€1,648 | -2.5% |
| Current assets | 29/58 | €4,908 | €5,225 | +€317 | +6.5% |
| Amounts receivable within one year | 40/41 | €2,775 | €3,857 | +€1,082 | +39.0% |
| Other amounts receivable | 41 | €2,775 | €3,857 | +€1,082 | +39.0% |
| Cash at bank and in hand | 54/58 | €2,086 | €1,324 | -€763 | -36.6% |
| Deferred charges and accrued income | 490/1 | €47 | €45 | -€2 | -4.6% |
| Total equity and liabilities | 10/49 | €69,560 | €68,228 | -€1,331 | -1.9% |
| Equity | 10/15 | €238 | -€6,610 | -€6,848 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,362 | -€25,210 | -€6,848 | -37.3% |
| Amounts payable | 17/49 | €69,321 | €74,838 | +€5,517 | +8.0% |
| Amounts payable within one year | 42/48 | €69,321 | €74,838 | +€5,517 | +8.0% |
| Trade debts | 44 | €491 | €902 | +€411 | +83.6% |
| Suppliers | 440/4 | €491 | €902 | +€411 | +83.6% |
| Other amounts payable | 47/48 | €68,830 | €73,936 | +€5,106 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,943 | €1,648 | -€295 | -15.2% |
| Other operating charges | 640/8 | €345 | €570 | +€226 | +65.4% |
| Gross operating margin | 9900 | €3,177 | -€887 | -€4,064 | |
| Operating profit (loss) | 9901 | €889 | -€3,105 | -€3,995 | |
| Financial charges | 65/66B | €3,799 | €3,743 | -€56 | -1.5% |
| Recurring financial charges | 65 | €3,799 | €3,743 | -€56 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,910 | -€6,848 | -€3,938 | -135% |
| Profit (loss) for the period | 9904 | -€2,910 | -€6,848 | -€3,938 | -135% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,910 | -€6,848 | -€3,938 | -135% |
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 19 October 2026 via checked.be.