LATIS: 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.
LATIS
Largest movements
- Cash -€78,781
down €78,781 (-21.5%), from €366,717 to €287,936
mainly Trade debts (-€137,662) and Contributions, distributions and other (-€47,059)
- Receivables within one year -€25,526
down €25,526 (-82.6%), from €30,891 to €5,365
of which Other amounts receivable: -€19,160
- Tangible fixed assets -€9,548
down €9,548 (-58.9%), from €16,198 to €6,651
of which Furniture and vehicles: -€8,509
- Deferred charges and accrued income +€6,633
up €6,633 (+404.7%), from €1,639 to €8,272
- Trade debts -€137,662
down €137,662 (-95.1%), from €144,695 to €7,032
- Other debts +€20,000
up €20,000 (+50.0%), from €40,000 to €60,000
- Profit (loss) carried forward +€17,690
up €17,690 (+10.9%), from €161,979 to €179,669
- Tax, wage and social debts -€7,249
down €7,249 (-11.4%), from €63,771 to €56,522
of which Remuneration and social security: -€7,000
- Gross operating margin -€71,214
down €71,214 (-42.1%), from €168,994 to €97,780
- Taxes -€14,029
down €14,029 (-44.2%), from €31,762 to €17,733
- Depreciation -€11,001
down €11,001 (-63.3%), from €17,378 to €6,377
- Other operating charges +€3,318
up €3,318 (+3318.4%), from €100 to €3,418
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.
Cash bridge derived
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 | €415,445 | €308,224 | -€107,221 | -25.8% |
| Fixed assets | 21/28 | €16,198 | €6,651 | -€9,548 | -58.9% |
| Tangible fixed assets | 22/27 | €16,198 | €6,651 | -€9,548 | -58.9% |
| Plant, machinery and equipment | 23 | €1,488 | €449 | -€1,039 | -69.8% |
| Furniture and vehicles | 24 | €14,710 | €6,202 | -€8,509 | -57.8% |
| Current assets | 29/58 | €399,247 | €301,573 | -€97,674 | -24.5% |
| Amounts receivable within one year | 40/41 | €30,891 | €5,365 | -€25,526 | -82.6% |
| Trade receivables | 40 | €6,366 | - | -€6,366 | |
| Other amounts receivable | 41 | €24,524 | €5,365 | -€19,160 | -78.1% |
| Cash at bank and in hand | 54/58 | €366,717 | €287,936 | -€78,781 | -21.5% |
| Deferred charges and accrued income | 490/1 | €1,639 | €8,272 | +€6,633 | +404.7% |
| Total equity and liabilities | 10/49 | €415,445 | €308,224 | -€107,221 | -25.8% |
| Equity | 10/15 | €166,979 | €184,669 | +€17,690 | +10.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,979 | €179,669 | +€17,690 | +10.9% |
| Amounts payable | 17/49 | €248,466 | €123,554 | -€124,911 | -50.3% |
| Amounts payable within one year | 42/48 | €248,466 | €123,554 | -€124,911 | -50.3% |
| Trade debts | 44 | €144,695 | €7,032 | -€137,662 | -95.1% |
| Suppliers | 440/4 | €144,695 | €7,032 | -€137,662 | -95.1% |
| Taxes, remuneration and social security | 45 | €63,771 | €56,522 | -€7,249 | -11.4% |
| Taxes | 450/3 | €56,771 | €56,522 | -€249 | -0.4% |
| Remuneration and social security | 454/9 | €7,000 | - | -€7,000 | |
| Other amounts payable | 47/48 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,378 | €6,377 | -€11,001 | -63.3% |
| Other operating charges | 640/8 | €100 | €3,418 | +€3,318 | +3318.4% |
| Gross operating margin | 9900 | €168,994 | €97,780 | -€71,214 | -42.1% |
| Operating profit (loss) | 9901 | €151,516 | €87,985 | -€63,531 | -41.9% |
| Financial income | 75/76B | €47 | €184 | +€136 | +288.7% |
| Recurring financial income | 75 | €47 | €184 | +€136 | +288.7% |
| Financial charges | 65/66B | €4,515 | €5,687 | +€1,172 | +26.0% |
| Recurring financial charges | 65 | €4,515 | €5,687 | +€1,172 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €147,048 | €82,482 | -€64,566 | -43.9% |
| Income taxes | 67/77 | €31,762 | €17,733 | -€14,029 | -44.2% |
| Profit (loss) for the period | 9904 | €115,286 | €64,749 | -€50,537 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €115,286 | €64,749 | -€50,537 | -43.8% |
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 11 October 2026 via checked.be.