LATTE ART: what changed
Two financial 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.
LATTE ART
Largest movements
- Tangible fixed assets +€10,671
up €10,671 (+49.7%), from €21,469 to €32,140
of which Land and buildings: +€15,819
- Cash -€5,476
down €5,476 (-29.1%), from €18,793 to €13,317
mainly Investment in fixed assets (net) (-€13,324) and Trade debts (-€5,205)
- Other debts +€7,953
up €7,953 (+16.8%), from €47,408 to €55,361
- Tax, wage and social debts +€6,142
up €6,142 (+51.4%), from €11,953 to €18,095
of which Remuneration and social security: +€7,052
- Trade debts -€5,205
down €5,205 (-21.1%), from €24,622 to €19,417
- Profit (loss) carried forward -€4,976
down €4,976 (-18.1%), from -€27,489 to -€32,465
- Accrued charges and deferred income +€1,762
new in 2025: €1,762
- Staff costs +€6,866
up €6,866 (+20.2%), from €34,069 to €40,935
- Gross operating margin +€6,194
up €6,194 (+16.9%), from €36,697 to €42,890
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.
Derived cash bridge
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 | €59,493 | €65,169 | +€5,675 | +9.5% |
| Fixed assets | 21/28 | €39,817 | €50,488 | +€10,671 | +26.8% |
| Tangible fixed assets | 22/27 | €21,469 | €32,140 | +€10,671 | +49.7% |
| Land and buildings | 22 | - | €15,819 | +€15,819 | |
| Plant, machinery and equipment | 23 | €21,469 | €16,321 | -€5,148 | -24.0% |
| Financial fixed assets | 28 | €18,348 | €18,348 | = | 0.0% |
| Current assets | 29/58 | €19,676 | €14,681 | -€4,996 | -25.4% |
| Amounts receivable within one year | 40/41 | €51 | €630 | +€579 | +1,133% |
| Trade receivables | 40 | €51 | - | -€51 | |
| Other amounts receivable | 41 | - | €630 | +€630 | |
| Cash at bank and in hand | 54/58 | €18,793 | €13,317 | -€5,476 | -29.1% |
| Deferred charges and accrued income | 490/1 | €832 | €734 | -€98 | -11.8% |
| Total equity and liabilities | 10/49 | €59,493 | €65,169 | +€5,675 | +9.5% |
| Equity | 10/15 | -€24,489 | -€29,465 | -€4,976 | -20.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,489 | -€32,465 | -€4,976 | -18.1% |
| Amounts payable | 17/49 | €83,982 | €94,634 | +€10,651 | +12.7% |
| Amounts payable within one year | 42/48 | €83,982 | €92,872 | +€8,889 | +10.6% |
| Trade debts | 44 | €24,622 | €19,417 | -€5,205 | -21.1% |
| Suppliers | 440/4 | €24,622 | €19,417 | -€5,205 | -21.1% |
| Taxes, remuneration and social security | 45 | €11,953 | €18,095 | +€6,142 | +51.4% |
| Taxes | 450/3 | €2,228 | €1,318 | -€910 | -40.9% |
| Remuneration and social security | 454/9 | €9,725 | €16,777 | +€7,052 | +72.5% |
| Other amounts payable | 47/48 | €47,408 | €55,361 | +€7,953 | +16.8% |
| Accrued charges and deferred income | 492/3 | - | €1,762 | +€1,762 | |
| Remuneration, social security and pensions | 62 | €34,069 | €40,935 | +€6,866 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,243 | €2,654 | +€411 | +18.3% |
| Other operating charges | 640/8 | €986 | €1,372 | +€386 | +39.1% |
| Gross operating margin | 9900 | €36,697 | €42,890 | +€6,194 | +16.9% |
| Operating profit (loss) | 9901 | -€601 | -€2,070 | -€1,469 | -244% |
| Financial income | 75/76B | €153 | €64 | -€88 | -57.8% |
| Recurring financial income | 75 | €153 | €64 | -€88 | -57.8% |
| Financial charges | 65/66B | €3,226 | €2,971 | -€255 | -7.9% |
| Recurring financial charges | 65 | €3,226 | €2,971 | -€255 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,674 | -€4,976 | -€1,302 | -35.4% |
| Profit (loss) for the period | 9904 | -€3,674 | -€4,976 | -€1,302 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,674 | -€4,976 | -€1,302 | -35.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.