LATROS: 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.
LATROS
Largest movements
- Receivables after one year +€545,000
new in 2025: €545,000
- Receivables within one year -€342,727
down €342,727 (-97.7%), from €350,858 to €8,131
of which Other amounts receivable: -€342,727
- Tangible fixed assets -€36,247
down €36,247 (-100.0%), from €36,247 to €0
of which Land and buildings: -€34,439
- Deferred charges and accrued income +€6,150
up €6,150 (+762.4%), from €807 to €6,956
- Other debts +€448,092
up €448,092 (+23325.6%), from €1,921 to €450,013
- Reserves -€275,643
down €275,643 (-87.7%), from €314,459 to €38,816
of which Distributable reserves: -€275,643
- Gross operating margin +€148,167
up €148,167 (+170.6%), from €86,843 to €235,010
- Taxes +€37,100
up €37,100 (+176.5%), from €21,019 to €58,119
- Other operating charges +€8,602
up €8,602 (+1049.0%), from €820 to €9,422
- Financial income +€6,941
up €6,941 (+45998.4%), from €15 to €6,956
of which Financial income: +€6,941
- Depreciation -€4,575
down €4,575 (-100.0%), from €4,575 to €0
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 | €388,067 | €560,667 | +€172,600 | +44.5% |
| Fixed assets | 21/28 | €36,247 | €0 | -€36,247 | -100.0% |
| Tangible fixed assets | 22/27 | €36,247 | €0 | -€36,247 | -100.0% |
| Land and buildings | 22 | €34,439 | €0 | -€34,439 | -100.0% |
| Plant, machinery and equipment | 23 | €1,739 | €0 | -€1,739 | -100.0% |
| Furniture and vehicles | 24 | €70 | €0 | -€70 | -100.0% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €351,820 | €560,667 | +€208,847 | +59.4% |
| Amounts receivable after more than one year | 29 | - | €545,000 | +€545,000 | |
| Other amounts receivable | 291 | - | €545,000 | +€545,000 | |
| Amounts receivable within one year | 40/41 | €350,858 | €8,131 | -€342,727 | -97.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €350,858 | €8,131 | -€342,727 | -97.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €156 | €580 | +€424 | +272.3% |
| Deferred charges and accrued income | 490/1 | €807 | €6,956 | +€6,150 | +762.4% |
| Total equity and liabilities | 10/49 | €388,067 | €560,667 | +€172,600 | +44.5% |
| Equity | 10/15 | €381,390 | €105,747 | -€275,643 | -72.3% |
| Contributions | 10/11 | €66,931 | €66,931 | = | 0.0% |
| Outside capital | 11 | €66,931 | €66,931 | = | 0.0% |
| Other | 1109/19 | €66,931 | €66,931 | = | 0.0% |
| Reserves | 13 | €314,459 | €38,816 | -€275,643 | -87.7% |
| Non-distributable reserves | 130/1 | €6,693 | €6,693 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,693 | €6,693 | = | 0.0% |
| Distributable reserves | 133 | €307,766 | €32,123 | -€275,643 | -89.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,677 | €454,920 | +€448,243 | +6713.1% |
| Amounts payable within one year | 42/48 | €5,940 | €454,920 | +€448,980 | +7558.4% |
| Trade debts | 44 | €0 | €887 | +€887 | |
| Suppliers | 440/4 | €0 | €887 | +€887 | |
| Taxes, remuneration and social security | 45 | €4,019 | €4,019 | = | 0.0% |
| Taxes | 450/3 | €4,019 | €4,019 | = | 0.0% |
| Other amounts payable | 47/48 | €1,921 | €450,013 | +€448,092 | +23325.6% |
| Accrued charges and deferred income | 492/3 | €737 | €0 | -€737 | -100.0% |
| Non-recurring operating income | 76A | €104,667 | - | -€104,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,575 | €0 | -€4,575 | -100.0% |
| Other operating charges | 640/8 | €820 | €9,422 | +€8,602 | +1049.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €86,843 | €235,010 | +€148,167 | +170.6% |
| Operating profit (loss) | 9901 | €81,448 | €225,587 | +€144,139 | +177.0% |
| Financial income | 75/76B | €15 | €6,956 | +€6,941 | +45998.4% |
| Recurring financial income | 75 | €15 | €6,956 | +€6,941 | +45998.4% |
| Non-recurring financial income | 76B | €15 | - | -€15 | |
| Financial charges | 65/66B | €80 | €68 | -€13 | -16.0% |
| Recurring financial charges | 65 | €80 | €68 | -€13 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €81,383 | €232,476 | +€151,093 | +185.7% |
| Income taxes | 67/77 | €21,019 | €58,119 | +€37,100 | +176.5% |
| Profit (loss) for the period | 9904 | €60,363 | €174,357 | +€113,994 | +188.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,363 | €174,357 | +€113,994 | +188.8% |
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 5 October 2026 via checked.be.