LATKO RENO: what changed
LATKO RENO
Largest movements
- Cash +€29,634
up €29,634 (+112%), from €26,538 to €56,172
mainly Net result for the year (+€14,554) and Other debts (+€8,779)
- Tangible fixed assets +€5,212
up €5,212 (+53.0%), from €9,841 to €15,052
of which Other tangible fixed assets: +€4,917
- Receivables within one year -€2,872
down €2,872 (-77.9%), from €3,688 to €816
of which Other amounts receivable: -€2,372
- Reserves +€12,854
up €12,854 (+74.8%), from €17,178 to €30,032
- Other debts +€8,779
up €8,779 (+80.8%), from €10,862 to €19,641
- Tax, wage and social debts +€6,469
up €6,469 (+74.8%), from €8,652 to €15,121
- Trade debts +€3,896
up €3,896 (+530%), from €736 to €4,631
- Gross operating margin -€5,921
down €5,921 (-19.6%), from €30,179 to €24,258
- Taxes -€2,183
down €2,183 (-25.2%), from €8,652 to €6,469
- Depreciation +€1,062
up €1,062 (+75.4%), from €1,409 to €2,471
- Other operating charges -€487
down €487 (-41.5%), from €1,175 to €688
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 | €40,428 | €72,425 | +€31,997 | +79.1% |
| Fixed assets | 21/28 | €9,846 | €15,057 | +€5,212 | +52.9% |
| Tangible fixed assets | 22/27 | €9,841 | €15,052 | +€5,212 | +53.0% |
| Furniture and vehicles | 24 | €7,355 | €7,650 | +€295 | +4.0% |
| Other tangible fixed assets | 26 | €2,486 | €7,402 | +€4,917 | +198% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €30,583 | €57,368 | +€26,785 | +87.6% |
| Amounts receivable within one year | 40/41 | €3,688 | €816 | -€2,872 | -77.9% |
| Trade receivables | 40 | €500 | €0 | -€500 | -100% |
| Other amounts receivable | 41 | €3,188 | €816 | -€2,372 | -74.4% |
| Cash at bank and in hand | 54/58 | €26,538 | €56,172 | +€29,634 | +112% |
| Deferred charges and accrued income | 490/1 | €357 | €380 | +€24 | +6.6% |
| Total equity and liabilities | 10/49 | €40,428 | €72,425 | +€31,997 | +79.1% |
| Equity | 10/15 | €20,178 | €33,032 | +€12,854 | +63.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,178 | €30,032 | +€12,854 | +74.8% |
| Distributable reserves | 133 | €17,178 | €30,032 | +€12,854 | +74.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,250 | €39,393 | +€19,143 | +94.5% |
| Amounts payable within one year | 42/48 | €20,250 | €39,393 | +€19,143 | +94.5% |
| Trade debts | 44 | €736 | €4,631 | +€3,896 | +530% |
| Suppliers | 440/4 | €736 | €4,631 | +€3,896 | +530% |
| Taxes, remuneration and social security | 45 | €8,652 | €15,121 | +€6,469 | +74.8% |
| Taxes | 450/3 | €8,652 | €15,121 | +€6,469 | +74.8% |
| Other amounts payable | 47/48 | €10,862 | €19,641 | +€8,779 | +80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,409 | €2,471 | +€1,062 | +75.4% |
| Other operating charges | 640/8 | €1,175 | €688 | -€487 | -41.5% |
| Gross operating margin | 9900 | €30,179 | €24,258 | -€5,921 | -19.6% |
| Operating profit (loss) | 9901 | €27,595 | €21,099 | -€6,496 | -23.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,450% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,450% |
| Financial charges | 65/66B | €65 | €77 | +€13 | +19.7% |
| Recurring financial charges | 65 | €65 | €77 | +€13 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €27,530 | €21,022 | -€6,508 | -23.6% |
| Income taxes | 67/77 | €8,652 | €6,469 | -€2,183 | -25.2% |
| Profit (loss) for the period | 9904 | €18,878 | €14,554 | -€4,325 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,878 | €14,554 | -€4,325 | -22.9% |
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 4 November 2026 via checked.be.