LATHOKA: 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.
LATHOKA
Largest movements
- Receivables within one year +€8,141
up €8,141 (+16.8%), from €48,400 to €56,541
of which Trade receivables: +€8,000
- Cash -€2,759
down €2,759 (-58.4%), from €4,722 to €1,963
mainly Debts after one year (-€21,586) and Receivables within one year (-€8,141)
- Reserves +€29,240
up €29,240 (+34.9%), from €83,753 to €112,993
- Debts after one year -€21,586
down €21,586 (-29.6%), from €72,914 to €51,329
- Tax, wage and social debts -€2,390
down €2,390 (-12.0%), from €19,987 to €17,597
of which Taxes: -€2,390
- Gross operating margin +€3,532
up €3,532 (+10.1%), from €35,102 to €38,633
- Taxes +€2,751
up €2,751 (+55.5%), from €4,957 to €7,709
- Other operating charges +€411
up €411 (+357%), from €115 to €526
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 | €203,122 | €208,504 | +€5,382 | +2.6% |
| Fixed assets | 21/28 | €150,000 | €150,000 | = | 0.0% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €53,122 | €58,504 | +€5,382 | +10.1% |
| Amounts receivable within one year | 40/41 | €48,400 | €56,541 | +€8,141 | +16.8% |
| Trade receivables | 40 | €48,400 | €56,400 | +€8,000 | +16.5% |
| Other amounts receivable | 41 | - | €141 | +€141 | |
| Cash at bank and in hand | 54/58 | €4,722 | €1,963 | -€2,759 | -58.4% |
| Total equity and liabilities | 10/49 | €203,122 | €208,504 | +€5,382 | +2.6% |
| Equity | 10/15 | €88,753 | €117,993 | +€29,240 | +32.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,753 | €112,993 | +€29,240 | +34.9% |
| Distributable reserves | 133 | €83,753 | €112,993 | +€29,240 | +34.9% |
| Amounts payable | 17/49 | €114,370 | €90,512 | -€23,858 | -20.9% |
| Amounts payable after more than one year | 17 | €72,914 | €51,329 | -€21,586 | -29.6% |
| Financial debts | 170/4 | €72,914 | €51,329 | -€21,586 | -29.6% |
| Amounts payable within one year | 42/48 | €41,455 | €39,183 | -€2,272 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €21,342 | €21,586 | +€243 | +1.1% |
| Trade debts | 44 | €126 | €0 | -€126 | -100% |
| Suppliers | 440/4 | €126 | €0 | -€126 | -100% |
| Taxes, remuneration and social security | 45 | €19,987 | €17,597 | -€2,390 | -12.0% |
| Taxes | 450/3 | €17,287 | €14,897 | -€2,390 | -13.8% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other operating charges | 640/8 | €115 | €526 | +€411 | +357% |
| Gross operating margin | 9900 | €35,102 | €38,633 | +€3,532 | +10.1% |
| Operating profit (loss) | 9901 | €34,987 | €38,108 | +€3,121 | +8.9% |
| Financial charges | 65/66B | €1,431 | €1,159 | -€273 | -19.0% |
| Recurring financial charges | 65 | €1,431 | €1,159 | -€273 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €33,555 | €36,949 | +€3,394 | +10.1% |
| Income taxes | 67/77 | €4,957 | €7,709 | +€2,751 | +55.5% |
| Profit (loss) for the period | 9904 | €28,598 | €29,240 | +€643 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,598 | €29,240 | +€643 | +2.2% |
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 16 October 2026 via checked.be.