LATHI CONSTRUCT: 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.
LATHI CONSTRUCT
Largest movements
- Receivables within one year -€2,804
down €2,804 (-3.7%), from €76,593 to €73,789
of which Trade receivables: -€5,689
- Cash -€1,997
down €1,997 (-93.0%), from €2,149 to €151
mainly Net result for the year (-€4,991) and Trade debts (-€266)
- Profit (loss) carried forward -€4,991
down €4,991 (-9.9%), from -€50,169 to -€55,159
- Other operating charges +€5,833
up €5,833 (+835.7%), from €698 to €6,531
- Gross operating margin +€5,108
up €5,108 (+66.1%), from -€7,725 to -€2,617
- Write-downs -€1,155
new in 2025: -€1,155
- Financial charges -€690
down €690 (-64.9%), from €1,064 to €374
- Taxes +€204
new in 2025: €204
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 | €79,441 | €74,184 | -€5,257 | -6.6% |
| Fixed assets | 21/28 | €504 | €244 | -€260 | -51.6% |
| Tangible fixed assets | 22/27 | €504 | €244 | -€260 | -51.6% |
| Plant, machinery and equipment | 23 | €504 | €244 | -€260 | -51.6% |
| Current assets | 29/58 | €78,937 | €73,940 | -€4,997 | -6.3% |
| Amounts receivable within one year | 40/41 | €76,593 | €73,789 | -€2,804 | -3.7% |
| Trade receivables | 40 | €5,841 | €152 | -€5,689 | -97.4% |
| Other amounts receivable | 41 | €70,751 | €73,636 | +€2,885 | +4.1% |
| Cash at bank and in hand | 54/58 | €2,149 | €151 | -€1,997 | -93.0% |
| Deferred charges and accrued income | 490/1 | €195 | - | -€195 | |
| Total equity and liabilities | 10/49 | €79,441 | €74,184 | -€5,257 | -6.6% |
| Equity | 10/15 | €79,048 | €74,057 | -€4,991 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,016 | €123,016 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €121,156 | €121,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,169 | -€55,159 | -€4,991 | -9.9% |
| Amounts payable | 17/49 | €393 | €127 | -€266 | -67.7% |
| Amounts payable within one year | 42/48 | €393 | €127 | -€266 | -67.7% |
| Trade debts | 44 | €393 | €127 | -€266 | -67.7% |
| Suppliers | 440/4 | €393 | €127 | -€266 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €260 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,155 | -€1,155 | |
| Other operating charges | 640/8 | €698 | €6,531 | +€5,833 | +835.7% |
| Gross operating margin | 9900 | -€7,725 | -€2,617 | +€5,108 | +66.1% |
| Operating profit (loss) | 9901 | -€8,683 | -€8,253 | +€430 | +5.0% |
| Financial income | 75/76B | €4,043 | €3,841 | -€202 | -5.0% |
| Recurring financial income | 75 | €4,043 | €3,841 | -€202 | -5.0% |
| Financial charges | 65/66B | €1,064 | €374 | -€690 | -64.9% |
| Recurring financial charges | 65 | €1,064 | €374 | -€690 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,704 | -€4,786 | +€918 | +16.1% |
| Income taxes | 67/77 | - | €204 | +€204 | |
| Profit (loss) for the period | 9904 | -€5,704 | -€4,991 | +€714 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,704 | -€4,991 | +€714 | +12.5% |
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 11 October 2026 via checked.be.