LATRACO: what changed
Two fiscal 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.
LATRACO
Largest movements
- Receivables within one year +€12,870
up €12,870 (+15.3%), from €84,374 to €97,244
- Tangible fixed assets -€3,524
down €3,524 (-2.9%), from €123,298 to €119,774
- Reserves +€8,447
up €8,447 (+14.6%), from €58,022 to €66,469
of which Distributable reserves: +€8,447
- Taxes -€907
down €907 (-17.6%), from €5,147 to €4,240
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 | €207,995 | €217,338 | +€9,344 | +4.5% |
| Fixed assets | 21/28 | €123,546 | €120,022 | -€3,524 | -2.9% |
| Tangible fixed assets | 22/27 | €123,298 | €119,774 | -€3,524 | -2.9% |
| Land and buildings | 22 | €123,298 | €119,774 | -€3,524 | -2.9% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €84,449 | €97,317 | +€12,867 | +15.2% |
| Amounts receivable within one year | 40/41 | €84,374 | €97,244 | +€12,870 | +15.3% |
| Other amounts receivable | 41 | €84,374 | €97,244 | +€12,870 | +15.3% |
| Cash at bank and in hand | 54/58 | €75 | €72 | -€2 | -3.1% |
| Total equity and liabilities | 10/49 | €207,995 | €217,338 | +€9,344 | +4.5% |
| Equity | 10/15 | €175,313 | €183,759 | +€8,447 | +4.8% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Revaluation surpluses | 12 | €91,961 | €91,961 | = | 0.0% |
| Reserves | 13 | €58,022 | €66,469 | +€8,447 | +14.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €56,163 | €64,609 | +€8,447 | +15.0% |
| Profit (loss) carried forward | 14 | €12,935 | €12,935 | = | 0.0% |
| Amounts payable | 17/49 | €32,682 | €33,579 | +€897 | +2.7% |
| Amounts payable within one year | 42/48 | €32,682 | €33,579 | +€897 | +2.7% |
| Trade debts | 44 | €17,852 | €19,635 | +€1,783 | +10.0% |
| Suppliers | 440/4 | €17,852 | €19,635 | +€1,783 | +10.0% |
| Taxes, remuneration and social security | 45 | €9,411 | €9,352 | -€59 | -0.6% |
| Taxes | 450/3 | €9,411 | €9,352 | -€59 | -0.6% |
| Other amounts payable | 47/48 | €5,419 | €4,592 | -€827 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,524 | €3,524 | = | 0.0% |
| Other operating charges | 640/8 | €1,616 | €1,657 | +€41 | +2.5% |
| Gross operating margin | 9900 | €13,213 | €13,257 | +€44 | +0.3% |
| Operating profit (loss) | 9901 | €8,073 | €8,076 | +€3 | 0.0% |
| Financial income | 75/76B | €4,634 | €4,763 | +€130 | +2.8% |
| Recurring financial income | 75 | €4,634 | €4,763 | +€130 | +2.8% |
| Financial charges | 65/66B | €153 | €153 | -€0 | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €12,554 | €12,686 | +€133 | +1.1% |
| Income taxes | 67/77 | €5,147 | €4,240 | -€907 | -17.6% |
| Profit (loss) for the period | 9904 | €7,407 | €8,447 | +€1,040 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,407 | €8,447 | +€1,040 | +14.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.