LATIMER EUROPA: what changed
LATIMER EUROPA
Largest movements
- Receivables within one year -€3,577
no longer reported in 2025 (was €3,577)
- Cash +€76
up €76 (+16.0%), from €475 to €551
mainly Receivables within one year (+€3,577) and Depreciation (+€69)
- Tangible fixed assets -€69
down €69 (-39.0%), from €178 to €109
- Deferred charges and accrued income -€57
no longer reported in 2025 (was €57)
- Profit (loss) carried forward -€3,161
down €3,161 (-13.3%), from -€23,825 to -€26,986
- Trade debts -€465
no longer reported in 2025 (was €465)
- Gross operating margin +€12,216
up €12,216 (+84.4%), from -€14,468 to -€2,252
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,372 | €744 | -€3,628 | -83.0% |
| Fixed assets | 21/28 | €228 | €158 | -€69 | -30.5% |
| Tangible fixed assets | 22/27 | €178 | €109 | -€69 | -39.0% |
| Furniture and vehicles | 24 | €178 | €109 | -€69 | -39.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €4,145 | €586 | -€3,559 | -85.9% |
| Amounts receivable within one year | 40/41 | €3,577 | - | -€3,577 | |
| Trade receivables | 40 | €3,577 | - | -€3,577 | |
| Current investments | 50/53 | €35 | €35 | -€0 | -1.3% |
| Cash at bank and in hand | 54/58 | €475 | €551 | +€76 | +16.0% |
| Deferred charges and accrued income | 490/1 | €57 | - | -€57 | |
| Total equity and liabilities | 10/49 | €4,372 | €744 | -€3,628 | -83.0% |
| Equity | 10/15 | -€11,055 | -€14,216 | -€3,161 | -28.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,570 | €6,570 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,670 | €4,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,825 | -€26,986 | -€3,161 | -13.3% |
| Amounts payable | 17/49 | €15,427 | €14,960 | -€467 | -3.0% |
| Amounts payable within one year | 42/48 | €15,427 | €14,960 | -€467 | -3.0% |
| Trade debts | 44 | €465 | - | -€465 | |
| Suppliers | 440/4 | €465 | - | -€465 | |
| Other amounts payable | 47/48 | €14,962 | €14,960 | -€3 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €69 | = | 0.0% |
| Other operating charges | 640/8 | €571 | €613 | +€42 | +7.4% |
| Gross operating margin | 9900 | -€14,468 | -€2,252 | +€12,216 | +84.4% |
| Operating profit (loss) | 9901 | -€15,108 | -€2,935 | +€12,174 | +80.6% |
| Financial charges | 65/66B | €201 | €226 | +€26 | +12.7% |
| Recurring financial charges | 65 | €201 | €226 | +€26 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,309 | -€3,161 | +€12,148 | +79.4% |
| Profit (loss) for the period | 9904 | -€15,309 | -€3,161 | +€12,148 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,309 | -€3,161 | +€12,148 | +79.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.