LATIFUNDIUM: 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.
LATIFUNDIUM
Largest movements
- Receivables within one year +€117,761
up €117,761 (+1,156%), from €10,187 to €127,947
of which Other amounts receivable: +€85,001
- Tangible fixed assets +€57,148
up €57,148 (+1.9%), from €3.1m to €3.1m
of which Land and buildings: +€60,515
- Other debts +€280,156
up €280,156 (+13.0%), from €2.1m to €2.4m
- Profit (loss) carried forward -€102,304
down €102,304 (-14.8%), from -€692,302 to -€794,606
- Turnover +€34,900
up €34,900 (+54.7%), from €63,843 to €98,742
- Financial charges -€23,588
down €23,588 (-28.3%), from €83,386 to €59,798
- Other operating income +€6,508
up €6,508 (+25.1%), from €25,951 to €32,459
- Services and other goods +€2,630
up €2,630 (+2.7%), from €97,791 to €100,421
- Staff costs +€2,135
up €2,135 (+11.7%), from €18,184 to €20,319
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 | €3,109,189 | €3,294,581 | +€185,392 | +6.0% |
| Fixed assets | 21/28 | €3,081,994 | €3,139,142 | +€57,148 | +1.9% |
| Tangible fixed assets | 22/27 | €3,081,994 | €3,139,142 | +€57,148 | +1.9% |
| Land and buildings | 22 | €2,748,493 | €2,809,008 | +€60,515 | +2.2% |
| Plant, machinery and equipment | 23 | €4,239 | €873 | -€3,367 | -79.4% |
| Other tangible fixed assets | 26 | €329,262 | €329,262 | = | 0.0% |
| Current assets | 29/58 | €27,195 | €155,438 | +€128,244 | +472% |
| Amounts receivable within one year | 40/41 | €10,187 | €127,947 | +€117,761 | +1,156% |
| Trade receivables | 40 | €6,732 | €39,492 | +€32,760 | +487% |
| Other amounts receivable | 41 | €3,454 | €88,455 | +€85,001 | +2,461% |
| Cash at bank and in hand | 54/58 | €17,008 | €27,491 | +€10,483 | +61.6% |
| Total equity and liabilities | 10/49 | €3,109,189 | €3,294,581 | +€185,392 | +6.0% |
| Equity | 10/15 | €939,320 | €837,016 | -€102,304 | -10.9% |
| Contributions | 10/11 | €1,610,543 | €1,610,543 | = | 0.0% |
| Capital | 10 | €1,610,543 | €1,610,543 | = | 0.0% |
| Issued capital | 100 | €1,610,543 | €1,610,543 | = | 0.0% |
| Reserves | 13 | €21,079 | €21,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,454 | €5,454 | = | 0.0% |
| Distributable reserves | 133 | €13,767 | €13,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€692,302 | -€794,606 | -€102,304 | -14.8% |
| Amounts payable | 17/49 | €2,169,869 | €2,457,564 | +€287,696 | +13.3% |
| Amounts payable within one year | 42/48 | €2,169,869 | €2,457,564 | +€287,696 | +13.3% |
| Trade debts | 44 | €20,077 | €22,208 | +€2,131 | +10.6% |
| Suppliers | 440/4 | €20,077 | €22,208 | +€2,131 | +10.6% |
| Taxes, remuneration and social security | 45 | €1,514 | €6,923 | +€5,409 | +357% |
| Taxes | 450/3 | - | €6,304 | +€6,304 | |
| Remuneration and social security | 454/9 | €1,514 | €618 | -€896 | -59.2% |
| Other amounts payable | 47/48 | €2,148,277 | €2,428,434 | +€280,156 | +13.0% |
| Operating income | 70/76A | €89,794 | €131,202 | +€41,408 | +46.1% |
| Turnover | 70 | €63,843 | €98,742 | +€34,900 | +54.7% |
| Other operating income | 74 | €25,951 | €32,459 | +€6,508 | +25.1% |
| Operating charges | 60/66A | €168,966 | €173,707 | +€4,741 | +2.8% |
| Services and other goods | 61 | €97,791 | €100,421 | +€2,630 | +2.7% |
| Remuneration, social security and pensions | 62 | €18,184 | €20,319 | +€2,135 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,409 | €50,597 | +€1,189 | +2.4% |
| Other operating charges | 640/8 | €3,582 | €2,370 | -€1,212 | -33.8% |
| Operating profit (loss) | 9901 | -€79,172 | -€42,506 | +€36,666 | +46.3% |
| Financial charges | 65/66B | €83,386 | €59,798 | -€23,588 | -28.3% |
| Recurring financial charges | 65 | €83,386 | €59,798 | -€23,588 | -28.3% |
| Debt charges | 650 | €81,382 | €59,156 | -€22,226 | -27.3% |
| Other financial charges | 652/9 | €2,004 | €642 | -€1,362 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | -€162,558 | -€102,304 | +€60,254 | +37.1% |
| Profit (loss) for the period | 9904 | -€162,558 | -€102,304 | +€60,254 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€162,558 | -€102,304 | +€60,254 | +37.1% |
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 31 October 2026 via checked.be.