LATHOUDERS GRIET: 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.
LATHOUDERS GRIET
Largest movements
- Cash +€34,687
up €34,687 (+192%), from €18,093 to €52,780
mainly Net result for the year (+€26,351) and Tax, wage and social debts (+€10,628)
- Tangible fixed assets +€858
up €858 (+39.1%), from €2,194 to €3,051
of which Plant, machinery and equipment: +€1,598
- Profit (loss) carried forward +€23,019
up €23,019 (+997%), from €2,309 to €25,328
- Tax, wage and social debts +€10,628
up €10,628 (+202%), from €5,255 to €15,884
- Other debts +€1,699
up €1,699 (+646%), from €263 to €1,962
- Gross operating margin +€32,346
up €32,346 (+1,014%), from €3,189 to €35,535
- Taxes +€6,650
up €6,650 (+782%), from €850 to €7,500
- Depreciation +€916
up €916 (+3,474%), from €26 to €942
- Other operating charges +€704
new in 2025: €704
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 | €22,891 | €58,803 | +€35,912 | +157% |
| Fixed assets | 21/28 | €2,194 | €3,051 | +€858 | +39.1% |
| Tangible fixed assets | 22/27 | €2,194 | €3,051 | +€858 | +39.1% |
| Plant, machinery and equipment | 23 | - | €1,598 | +€1,598 | |
| Furniture and vehicles | 24 | €2,194 | €1,454 | -€740 | -33.7% |
| Current assets | 29/58 | €20,697 | €55,751 | +€35,054 | +169% |
| Amounts receivable within one year | 40/41 | - | €355 | +€355 | |
| Trade receivables | 40 | - | €355 | +€355 | |
| Cash at bank and in hand | 54/58 | €18,093 | €52,780 | +€34,687 | +192% |
| Deferred charges and accrued income | 490/1 | €2,605 | €2,617 | +€12 | +0.5% |
| Total equity and liabilities | 10/49 | €22,891 | €58,803 | +€35,912 | +157% |
| Equity | 10/15 | €17,309 | €40,328 | +€23,019 | +133% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,309 | €25,328 | +€23,019 | +997% |
| Amounts payable | 17/49 | €5,583 | €18,475 | +€12,892 | +231% |
| Amounts payable within one year | 42/48 | €5,583 | €18,475 | +€12,892 | +231% |
| Trade debts | 44 | €64 | €630 | +€566 | +881% |
| Suppliers | 440/4 | €64 | €630 | +€566 | +881% |
| Taxes, remuneration and social security | 45 | €5,255 | €15,884 | +€10,628 | +202% |
| Taxes | 450/3 | €5,255 | €15,884 | +€10,628 | +202% |
| Other amounts payable | 47/48 | €263 | €1,962 | +€1,699 | +646% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | €942 | +€916 | +3,474% |
| Other operating charges | 640/8 | - | €704 | +€704 | |
| Gross operating margin | 9900 | €3,189 | €35,535 | +€32,346 | +1,014% |
| Operating profit (loss) | 9901 | €3,163 | €33,889 | +€30,726 | +972% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €4 | €51 | +€47 | +1,108% |
| Recurring financial charges | 65 | €4 | €51 | +€47 | +1,108% |
| Profit (loss) for the period before taxes | 9903 | €3,159 | €33,851 | +€30,692 | +972% |
| Income taxes | 67/77 | €850 | €7,500 | +€6,650 | +782% |
| Profit (loss) for the period | 9904 | €2,309 | €26,351 | +€24,043 | +1,041% |
| Profit (loss) for the period to be appropriated | 9905 | €2,309 | €26,351 | +€24,043 | +1,041% |
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 28 October 2026 via checked.be.