LATOUR KINE: 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.
LATOUR KINE
Largest movements
- Cash +€65,854
up €65,854 (+253%), from €26,026 to €91,880
mainly Net result for the year (+€86,820) and Tax, wage and social debts (+€3,465)
- Deferred charges and accrued income +€14,525
new in 2025: €14,525
- Tangible fixed assets +€1,404
new in 2025: €1,404
- Profit (loss) carried forward +€86,820
up €86,820 (+2,957%), from €2,936 to €89,756
- Other debts -€8,114
down €8,114 (-93.8%), from €8,652 to €538
- Tax, wage and social debts +€3,465
up €3,465 (+85.6%), from €4,050 to €7,515
of which Taxes: +€3,692
- Gross operating margin +€114,029
up €114,029 (+1,935%), from €5,894 to €119,923
- Taxes +€31,779
up €31,779 (+2,987%), from €1,064 to €32,843
- Other operating charges -€1,713
down €1,713 (-90.7%), from €1,887 to €175
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.
Derived cash bridge
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 | €26,026 | €107,809 | +€81,783 | +314% |
| Fixed assets | 21/28 | - | €1,404 | +€1,404 | |
| Tangible fixed assets | 22/27 | - | €1,404 | +€1,404 | |
| Plant, machinery and equipment | 23 | - | €1,404 | +€1,404 | |
| Current assets | 29/58 | €26,026 | €106,405 | +€80,379 | +309% |
| Cash at bank and in hand | 54/58 | €26,026 | €91,880 | +€65,854 | +253% |
| Deferred charges and accrued income | 490/1 | - | €14,525 | +€14,525 | |
| Total equity and liabilities | 10/49 | €26,026 | €107,809 | +€81,783 | +314% |
| Equity | 10/15 | €12,936 | €99,756 | +€86,820 | +671% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,936 | €89,756 | +€86,820 | +2,957% |
| Amounts payable | 17/49 | €13,090 | €8,053 | -€5,036 | -38.5% |
| Amounts payable within one year | 42/48 | €13,090 | €8,053 | -€5,036 | -38.5% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | €4,050 | €7,515 | +€3,465 | +85.6% |
| Taxes | 450/3 | €1,364 | €5,056 | +€3,692 | +271% |
| Remuneration and social security | 454/9 | €2,686 | €2,459 | -€227 | -8.4% |
| Other amounts payable | 47/48 | €8,652 | €538 | -€8,114 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4 | +€4 | |
| Other operating charges | 640/8 | €1,887 | €175 | -€1,713 | -90.7% |
| Non-recurring operating charges | 66A | - | €4 | +€4 | |
| Gross operating margin | 9900 | €5,894 | €119,923 | +€114,029 | +1,935% |
| Operating profit (loss) | 9901 | €4,007 | €119,741 | +€115,734 | +2,888% |
| Financial charges | 65/66B | €7 | €78 | +€72 | +1,100% |
| Recurring financial charges | 65 | €7 | €78 | +€72 | +1,100% |
| Profit (loss) for the period before taxes | 9903 | €4,000 | €119,663 | +€115,662 | +2,891% |
| Income taxes | 67/77 | €1,064 | €32,843 | +€31,779 | +2,987% |
| Profit (loss) for the period | 9904 | €2,936 | €86,820 | +€83,883 | +2,857% |
| Profit (loss) for the period to be appropriated | 9905 | €2,936 | €86,820 | +€83,883 | +2,857% |
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 18 October 2026 via checked.be.