Latré: 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.
Latré
Largest movements
- Stocks and contracts +€620,517
up €620,517 (+81.6%), from €760,611 to €1.4m
of which Stocks: +€416,103
- Tangible fixed assets +€509,069
up €509,069 (+330.9%), from €153,833 to €662,902
of which Land and buildings: +€492,731
- Cash +€501,495
up €501,495 (+65.3%), from €768,239 to €1.3m
mainly Net result for the year (+€1.9m) and Debts after one year (+€329,175)
- Intangible fixed assets -€200,000
down €200,000 (-24.7%), from €810,959 to €610,959
- Receivables within one year -€180,802
down €180,802 (-6.9%), from €2.6m to €2.4m
of which Trade receivables: -€180,802
- Profit (loss) carried forward +€1.9m
new in 2025: €1.9m
- Trade debts -€814,748
down €814,748 (-30.5%), from €2.7m to €1.9m
- Advances received -€334,500
down €334,500 (-79.9%), from €418,500 to €84,000
- Debts after one year +€329,175
up €329,175 (+991.2%), from €33,209 to €362,384
- Tax, wage and social debts +€123,687
up €123,687 (+19.6%), from €632,060 to €755,747
of which Taxes: +€102,917
- Gross operating margin +€1.1m
up €1.1m (+52.2%), from €2.2m to €3.3m
- Taxes +€158,975
up €158,975 (+35.4%), from €449,500 to €608,475
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 | €5,134,736 | €6,386,979 | +€1.3m | +24.4% |
| Fixed assets | 21/28 | €964,792 | €1,273,861 | +€309,069 | +32.0% |
| Intangible fixed assets | 21 | €810,959 | €610,959 | -€200,000 | -24.7% |
| Tangible fixed assets | 22/27 | €153,833 | €662,902 | +€509,069 | +330.9% |
| Land and buildings | 22 | - | €492,731 | +€492,731 | |
| Plant, machinery and equipment | 23 | €42,911 | €95,557 | +€52,646 | +122.7% |
| Furniture and vehicles | 24 | €110,922 | €74,614 | -€36,308 | -32.7% |
| Current assets | 29/58 | €4,169,944 | €5,113,118 | +€943,174 | +22.6% |
| Stocks and contracts in progress | 3 | €760,611 | €1,381,128 | +€620,517 | +81.6% |
| Stocks | 30/36 | €760,611 | €1,176,714 | +€416,103 | +54.7% |
| Contracts in progress | 37 | - | €204,414 | +€204,414 | |
| Amounts receivable within one year | 40/41 | €2,627,574 | €2,446,772 | -€180,802 | -6.9% |
| Trade receivables | 40 | €2,623,914 | €2,443,112 | -€180,802 | -6.9% |
| Other amounts receivable | 41 | €3,660 | €3,660 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €768,239 | €1,269,734 | +€501,495 | +65.3% |
| Deferred charges and accrued income | 490/1 | €13,520 | €15,484 | +€1,964 | +14.5% |
| Total equity and liabilities | 10/49 | €5,134,736 | €6,386,979 | +€1.3m | +24.4% |
| Equity | 10/15 | €1,171,797 | €3,049,772 | +€1.9m | +160.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €971,797 | €971,797 | = | 0.0% |
| Distributable reserves | 133 | €971,797 | €971,797 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,877,975 | +€1.9m | |
| Amounts payable | 17/49 | €3,962,939 | €3,337,207 | -€625,732 | -15.8% |
| Amounts payable after more than one year | 17 | €33,209 | €362,384 | +€329,175 | +991.2% |
| Financial debts | 170/4 | €33,209 | €362,384 | +€329,175 | +991.2% |
| Amounts payable within one year | 42/48 | €3,929,730 | €2,941,822 | -€987,908 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €9,492 | €47,658 | +€38,166 | +402.1% |
| Trade debts | 44 | €2,669,238 | €1,854,490 | -€814,748 | -30.5% |
| Suppliers | 440/4 | €2,669,238 | €1,854,490 | -€814,748 | -30.5% |
| Advances received on contracts in progress | 46 | €418,500 | €84,000 | -€334,500 | -79.9% |
| Taxes, remuneration and social security | 45 | €632,060 | €755,747 | +€123,687 | +19.6% |
| Taxes | 450/3 | €588,997 | €691,914 | +€102,917 | +17.5% |
| Remuneration and social security | 454/9 | €43,063 | €63,833 | +€20,770 | +48.2% |
| Other amounts payable | 47/48 | €200,440 | €199,927 | -€513 | -0.3% |
| Accrued charges and deferred income | 492/3 | - | €33,001 | +€33,001 | |
| Remuneration, social security and pensions | 62 | €485,435 | €506,599 | +€21,164 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,919 | €266,952 | +€25,033 | +10.3% |
| Other operating charges | 640/8 | €8,035 | €10,937 | +€2,902 | +36.1% |
| Gross operating margin | 9900 | €2,151,205 | €3,274,182 | +€1.1m | +52.2% |
| Operating profit (loss) | 9901 | €1,415,816 | €2,489,694 | +€1.1m | +75.8% |
| Financial income | 75/76B | €53,604 | €39,923 | -€13,681 | -25.5% |
| Recurring financial income | 75 | €53,604 | €39,923 | -€13,681 | -25.5% |
| Financial charges | 65/66B | €48,123 | €43,167 | -€4,956 | -10.3% |
| Recurring financial charges | 65 | €48,123 | €43,167 | -€4,956 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €1,421,297 | €2,486,450 | +€1.1m | +74.9% |
| Income taxes | 67/77 | €449,500 | €608,475 | +€158,975 | +35.4% |
| Profit (loss) for the period | 9904 | €971,797 | €1,877,975 | +€906,178 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €971,797 | €1,877,975 | +€906,178 | +93.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.