LATRAN: 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.
LATRAN
Largest movements
- Cash -€64,357
down €64,357 (-61.8%), from €104,113 to €39,755
mainly Net result for the year (-€30,698) and Tax, wage and social debts (-€27,814)
- Receivables within one year -€23,492
down €23,492 (-55.9%), from €42,038 to €18,546
of which Trade receivables: -€34,690
- Deferred charges and accrued income +€5,816
up €5,816 (+538.7%), from €1,080 to €6,895
- Tangible fixed assets -€3,450
down €3,450 (-26.6%), from €12,953 to €9,503
of which Other tangible fixed assets: -€3,450
- Receivables after one year -€3,339
down €3,339 (-4.6%), from €71,999 to €68,659
- Profit (loss) carried forward -€30,698
down €30,698 (-30.3%), from €101,481 to €70,783
- Tax, wage and social debts -€27,814
down €27,814 (-98.6%), from €28,203 to €389
of which Taxes: -€25,086
- Other debts -€14,783
down €14,783 (-100.0%), from €14,783 to €0
- Provisions -€13,081
down €13,081 (-100.0%), from €13,081 to €0
- Gross operating margin -€109,397
down €109,397, from €70,045 to -€39,352
- Taxes -€14,921
down €14,921 (-99.1%), from €15,058 to €137
- Provisions -€13,081
new in 2025: -€13,081
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 | €232,182 | €143,358 | -€88,823 | -38.3% |
| Fixed assets | 21/28 | €12,953 | €9,503 | -€3,450 | -26.6% |
| Tangible fixed assets | 22/27 | €12,953 | €9,503 | -€3,450 | -26.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €12,953 | €9,503 | -€3,450 | -26.6% |
| Current assets | 29/58 | €219,229 | €133,856 | -€85,373 | -38.9% |
| Amounts receivable after more than one year | 29 | €71,999 | €68,659 | -€3,339 | -4.6% |
| Other amounts receivable | 291 | €71,999 | €68,659 | -€3,339 | -4.6% |
| Amounts receivable within one year | 40/41 | €42,038 | €18,546 | -€23,492 | -55.9% |
| Trade receivables | 40 | €38,779 | €4,089 | -€34,690 | -89.5% |
| Other amounts receivable | 41 | €3,259 | €14,457 | +€11,198 | +343.6% |
| Cash at bank and in hand | 54/58 | €104,113 | €39,755 | -€64,357 | -61.8% |
| Deferred charges and accrued income | 490/1 | €1,080 | €6,895 | +€5,816 | +538.7% |
| Total equity and liabilities | 10/49 | €232,182 | €143,358 | -€88,823 | -38.3% |
| Equity | 10/15 | €169,950 | €139,251 | -€30,698 | -18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,068 | €56,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,208 | €54,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,481 | €70,783 | -€30,698 | -30.3% |
| Provisions and deferred taxes | 16 | €13,081 | €0 | -€13,081 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €13,081 | €0 | -€13,081 | -100.0% |
| Pensions and similar obligations | 160 | €13,081 | €0 | -€13,081 | -100.0% |
| Amounts payable | 17/49 | €49,151 | €4,107 | -€45,043 | -91.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €48,030 | €3,907 | -€44,123 | -91.9% |
| Trade debts | 44 | €5,044 | €3,518 | -€1,526 | -30.3% |
| Suppliers | 440/4 | €5,044 | €3,518 | -€1,526 | -30.3% |
| Taxes, remuneration and social security | 45 | €28,203 | €389 | -€27,814 | -98.6% |
| Taxes | 450/3 | €25,475 | €389 | -€25,086 | -98.5% |
| Remuneration and social security | 454/9 | €2,728 | €0 | -€2,728 | -100.0% |
| Other amounts payable | 47/48 | €14,783 | €0 | -€14,783 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,121 | €200 | -€921 | -82.2% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,450 | €3,450 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€13,081 | -€13,081 | |
| Other operating charges | 640/8 | €926 | €1,268 | +€342 | +36.9% |
| Gross operating margin | 9900 | €70,045 | -€39,352 | -€109,397 | |
| Operating profit (loss) | 9901 | €65,668 | -€30,989 | -€96,657 | |
| Financial income | 75/76B | €2,031 | €2,032 | +€1 | 0.0% |
| Recurring financial income | 75 | €2,031 | €2,032 | +€1 | 0.0% |
| Financial charges | 65/66B | €2,131 | €1,605 | -€527 | -24.7% |
| Recurring financial charges | 65 | €2,131 | €1,605 | -€527 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €65,568 | -€30,562 | -€96,129 | |
| Income taxes | 67/77 | €15,058 | €137 | -€14,921 | -99.1% |
| Profit (loss) for the period | 9904 | €50,510 | -€30,698 | -€81,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,510 | -€30,698 | -€81,208 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.