Latos Latino: what changed
Latos Latino
Largest movements
- Receivables within one year +€123,802
up €123,802 (+40.2%), from €307,716 to €431,518
of which Other amounts receivable: +€132,804
- Cash +€10,855
up €10,855 (+55.3%), from €19,623 to €30,478
mainly Other debts (+€114,298) and Net result for the year (+€41,976)
- Other debts +€114,298
up €114,298 (+32.4%), from €352,656 to €466,954
- Profit (loss) carried forward +€41,976
up €41,976 (+48.0%), from -€87,372 to -€45,396
- Trade debts -€21,662
down €21,662 (-50.1%), from €43,207 to €21,545
- Gross operating margin +€51,714
up €51,714 (+88.1%), from €58,682 to €110,396
- Staff costs -€18,574
down €18,574 (-22.3%), from €83,109 to €64,535
- Financial income +€10,686
up €10,686 (+100%), from €10,656 to €21,341
- Financial charges +€4,182
up €4,182 (+34.1%), from €12,248 to €16,430
- Other operating charges +€3,451
up €3,451 (+153%), from €2,257 to €5,708
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,819 | €477,807 | +€132,988 | +38.6% |
| Fixed assets | 21/28 | €10,446 | €7,627 | -€2,819 | -27.0% |
| Tangible fixed assets | 22/27 | €9,896 | €6,807 | -€3,089 | -31.2% |
| Plant, machinery and equipment | 23 | €6,711 | €4,215 | -€2,496 | -37.2% |
| Furniture and vehicles | 24 | €299 | - | -€299 | |
| Other tangible fixed assets | 26 | €2,885 | €2,591 | -€294 | -10.2% |
| Financial fixed assets | 28 | €550 | €820 | +€270 | +49.1% |
| Current assets | 29/58 | €334,373 | €470,180 | +€135,807 | +40.6% |
| Stocks and contracts in progress | 3 | €6,263 | €7,413 | +€1,150 | +18.4% |
| Stocks | 30/36 | €6,263 | €7,413 | +€1,150 | +18.4% |
| Amounts receivable within one year | 40/41 | €307,716 | €431,518 | +€123,802 | +40.2% |
| Trade receivables | 40 | €13,202 | €4,200 | -€9,002 | -68.2% |
| Other amounts receivable | 41 | €294,514 | €427,318 | +€132,804 | +45.1% |
| Cash at bank and in hand | 54/58 | €19,623 | €30,478 | +€10,855 | +55.3% |
| Deferred charges and accrued income | 490/1 | €771 | €771 | = | 0.0% |
| Total equity and liabilities | 10/49 | €344,819 | €477,807 | +€132,988 | +38.6% |
| Equity | 10/15 | -€68,780 | -€26,804 | +€41,976 | +61.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,372 | -€45,396 | +€41,976 | +48.0% |
| Amounts payable | 17/49 | €413,599 | €504,611 | +€91,012 | +22.0% |
| Amounts payable within one year | 42/48 | €413,599 | €504,611 | +€91,012 | +22.0% |
| Trade debts | 44 | €43,207 | €21,545 | -€21,662 | -50.1% |
| Suppliers | 440/4 | €43,207 | €21,545 | -€21,662 | -50.1% |
| Taxes, remuneration and social security | 45 | €17,736 | €16,112 | -€1,623 | -9.2% |
| Taxes | 450/3 | €13,480 | €13,016 | -€464 | -3.4% |
| Remuneration and social security | 454/9 | €4,256 | €3,097 | -€1,159 | -27.2% |
| Other amounts payable | 47/48 | €352,656 | €466,954 | +€114,298 | +32.4% |
| Remuneration, social security and pensions | 62 | €83,109 | €64,535 | -€18,574 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €3,089 | +€1,204 | +63.9% |
| Other operating charges | 640/8 | €2,257 | €5,708 | +€3,451 | +153% |
| Gross operating margin | 9900 | €58,682 | €110,396 | +€51,714 | +88.1% |
| Operating profit (loss) | 9901 | -€28,570 | €37,064 | +€65,633 | |
| Financial income | 75/76B | €10,656 | €21,341 | +€10,686 | +100% |
| Recurring financial income | 75 | €10,656 | €21,341 | +€10,686 | +100% |
| Financial charges | 65/66B | €12,248 | €16,430 | +€4,182 | +34.1% |
| Recurring financial charges | 65 | €12,248 | €16,430 | +€4,182 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,162 | €41,976 | +€72,137 | |
| Profit (loss) for the period | 9904 | -€30,162 | €41,976 | +€72,137 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,162 | €41,976 | +€72,137 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.