LATOUR & PETIT: what changed
LATOUR & PETIT
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+2,267%), from €52,061 to €1.2m
- Cash -€788,347
down €788,347 (-49.0%), from €1.6m to €821,835
mainly Investment in fixed assets (net) (-€1.5m) and Contributions, distributions and other (-€500,000)
- Receivables within one year -€190,175
down €190,175 (-17.4%), from €1.1m to €905,057
of which Trade receivables: -€245,823
- Tangible fixed assets +€148,630
up €148,630 (+6.9%), from €2.1m to €2.3m
of which Other tangible fixed assets: +€164,490
- Intangible fixed assets +€67,439
up €67,439 (+133%), from €50,885 to €118,324
- Other debts +€513,659
new in 2025: €513,659
- Profit (loss) carried forward -€337,543
down €337,543 (-42.6%), from €791,465 to €453,922
- Trade debts +€305,755
up €305,755 (+12.8%), from €2.4m to €2.7m
- Debts after one year +€149,195
up €149,195 (+11.5%), from €1.3m to €1.5m
of which Financial debts: +€149,195
- Tax, wage and social debts -€140,525
down €140,525 (-48.6%), from €289,056 to €148,531
of which Taxes: -€100,390
- Gross operating margin +€399,847
up €399,847 (+34.9%), from €1.1m to €1.5m
- Staff costs +€255,094
up €255,094 (+32.0%), from €797,481 to €1.1m
- Other operating charges +€57,433
up €57,433 (+219%), from €26,232 to €83,666
- Financial charges +€32,890
up €32,890 (+93.8%), from €35,051 to €67,941
- Depreciation +€30,069
up €30,069 (+28.2%), from €106,492 to €136,560
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 | €5,014,178 | €5,496,366 | +€482,189 | +9.6% |
| Fixed assets | 21/28 | €2,252,318 | €3,648,713 | +€1.4m | +62.0% |
| Intangible fixed assets | 21 | €50,885 | €118,324 | +€67,439 | +133% |
| Tangible fixed assets | 22/27 | €2,149,372 | €2,298,002 | +€148,630 | +6.9% |
| Land and buildings | 22 | €1,784,843 | €1,744,663 | -€40,180 | -2.3% |
| Furniture and vehicles | 24 | €62,776 | €82,432 | +€19,656 | +31.3% |
| Other tangible fixed assets | 26 | €301,754 | €466,244 | +€164,490 | +54.5% |
| Assets under construction and advance payments | 27 | - | €4,664 | +€4,664 | |
| Financial fixed assets | 28 | €52,061 | €1,232,387 | +€1.2m | +2,267% |
| Current assets | 29/58 | €2,761,860 | €1,847,654 | -€914,206 | -33.1% |
| Amounts receivable within one year | 40/41 | €1,095,233 | €905,057 | -€190,175 | -17.4% |
| Trade receivables | 40 | €1,041,817 | €795,994 | -€245,823 | -23.6% |
| Other amounts receivable | 41 | €53,416 | €109,064 | +€55,648 | +104% |
| Cash at bank and in hand | 54/58 | €1,610,181 | €821,835 | -€788,347 | -49.0% |
| Deferred charges and accrued income | 490/1 | €56,446 | €120,762 | +€64,316 | +114% |
| Total equity and liabilities | 10/49 | €5,014,178 | €5,496,366 | +€482,189 | +9.6% |
| Equity | 10/15 | €941,570 | €568,396 | -€373,173 | -39.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €88,104 | €52,475 | -€35,630 | -40.4% |
| Non-distributable reserves | 130/1 | €15,566 | €15,566 | = | 0.0% |
| Legal reserve | 130 | €15,566 | €15,566 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,908 | €36,908 | = | 0.0% |
| Distributable reserves | 133 | €35,630 | - | -€35,630 | |
| Profit (loss) carried forward | 14 | €791,465 | €453,922 | -€337,543 | -42.6% |
| Amounts payable | 17/49 | €4,072,608 | €4,927,970 | +€855,362 | +21.0% |
| Amounts payable after more than one year | 17 | €1,301,085 | €1,450,280 | +€149,195 | +11.5% |
| Financial debts | 170/4 | €1,298,340 | €1,447,535 | +€149,195 | +11.5% |
| Other amounts payable | 178/9 | €2,745 | €2,745 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,771,523 | €3,477,690 | +€706,167 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €86,546 | €113,824 | +€27,278 | +31.5% |
| Trade debts | 44 | €2,395,921 | €2,701,676 | +€305,755 | +12.8% |
| Suppliers | 440/4 | €2,395,921 | €2,701,676 | +€305,755 | +12.8% |
| Taxes, remuneration and social security | 45 | €289,056 | €148,531 | -€140,525 | -48.6% |
| Taxes | 450/3 | €135,916 | €35,526 | -€100,390 | -73.9% |
| Remuneration and social security | 454/9 | €153,141 | €113,005 | -€40,135 | -26.2% |
| Other amounts payable | 47/48 | - | €513,659 | +€513,659 | |
| Remuneration, social security and pensions | 62 | €797,481 | €1,052,575 | +€255,094 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,492 | €136,560 | +€30,069 | +28.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€535 | -€590 | -€55 | -10.2% |
| Other operating charges | 640/8 | €26,232 | €83,666 | +€57,433 | +219% |
| Non-recurring operating charges | 66A | €54,300 | - | -€54,300 | |
| Gross operating margin | 9900 | €1,144,206 | €1,544,053 | +€399,847 | +34.9% |
| Operating profit (loss) | 9901 | €160,236 | €271,842 | +€111,605 | +69.7% |
| Financial income | 75/76B | €5,992 | €3,257 | -€2,736 | -45.7% |
| Recurring financial income | 75 | €5,992 | €3,257 | -€2,736 | -45.7% |
| Financial charges | 65/66B | €35,051 | €67,941 | +€32,890 | +93.8% |
| Recurring financial charges | 65 | €35,051 | €67,941 | +€32,890 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | €131,178 | €207,157 | +€75,979 | +57.9% |
| Income taxes | 67/77 | €62,205 | €80,331 | +€18,125 | +29.1% |
| Profit (loss) for the period | 9904 | €68,973 | €126,827 | +€57,854 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,973 | €126,827 | +€57,854 | +83.9% |
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 5 November 2026 via checked.be.