LATINIS CINDY: what changed
LATINIS CINDY
Largest movements
- Tangible fixed assets -€9,575
down €9,575 (-29.8%), from €32,178 to €22,603
- Cash +€4,098
up €4,098 (+40.1%), from €10,227 to €14,324
mainly Depreciation (+€9,575) and Net result for the year (+€5,713)
- Deferred charges and accrued income +€3,709
up €3,709 (+44.9%), from €8,253 to €11,962
- Receivables within one year -€1,358
down €1,358 (-6.2%), from €21,937 to €20,580
of which Other amounts receivable: -€1,740
- Debts after one year -€9,103
down €9,103 (-37.8%), from €24,076 to €14,973
- Reserves +€5,713
up €5,713 (+15.6%), from €36,679 to €42,392
- Gross operating margin -€6,769
down €6,769 (-26.2%), from €25,878 to €19,109
- Taxes -€1,079
down €1,079 (-31.6%), from €3,416 to €2,337
- Financial charges -€264
down €264 (-22.4%), from €1,175 to €911
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 | €72,595 | €69,469 | -€3,126 | -4.3% |
| Fixed assets | 21/28 | €32,178 | €22,603 | -€9,575 | -29.8% |
| Tangible fixed assets | 22/27 | €32,178 | €22,603 | -€9,575 | -29.8% |
| Furniture and vehicles | 24 | €32,178 | €22,603 | -€9,575 | -29.8% |
| Current assets | 29/58 | €40,417 | €46,866 | +€6,449 | +16.0% |
| Amounts receivable within one year | 40/41 | €21,937 | €20,580 | -€1,358 | -6.2% |
| Trade receivables | 40 | €107 | €490 | +€383 | +356% |
| Other amounts receivable | 41 | €21,830 | €20,090 | -€1,740 | -8.0% |
| Cash at bank and in hand | 54/58 | €10,227 | €14,324 | +€4,098 | +40.1% |
| Deferred charges and accrued income | 490/1 | €8,253 | €11,962 | +€3,709 | +44.9% |
| Total equity and liabilities | 10/49 | €72,595 | €69,469 | -€3,126 | -4.3% |
| Equity | 10/15 | €39,679 | €45,392 | +€5,713 | +14.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,679 | €42,392 | +€5,713 | +15.6% |
| Distributable reserves | 133 | €36,679 | €42,392 | +€5,713 | +15.6% |
| Amounts payable | 17/49 | €32,915 | €24,076 | -€8,839 | -26.9% |
| Amounts payable after more than one year | 17 | €24,076 | €14,973 | -€9,103 | -37.8% |
| Financial debts | 170/4 | €24,076 | €14,973 | -€9,103 | -37.8% |
| Amounts payable within one year | 42/48 | €8,839 | €9,103 | +€264 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €8,839 | €9,103 | +€264 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,575 | €9,575 | = | 0.0% |
| Other operating charges | 640/8 | €582 | €573 | -€9 | -1.5% |
| Gross operating margin | 9900 | €25,878 | €19,109 | -€6,769 | -26.2% |
| Operating profit (loss) | 9901 | €15,721 | €8,961 | -€6,760 | -43.0% |
| Financial charges | 65/66B | €1,175 | €911 | -€264 | -22.4% |
| Recurring financial charges | 65 | €1,175 | €911 | -€264 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €14,546 | €8,050 | -€6,496 | -44.7% |
| Income taxes | 67/77 | €3,416 | €2,337 | -€1,079 | -31.6% |
| Profit (loss) for the period | 9904 | €11,130 | €5,713 | -€5,417 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,130 | €5,713 | -€5,417 | -48.7% |
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 2 November 2026 via checked.be.