LATTESTORE: 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.
LATTESTORE
Largest movements
- Cash -€211,852
down €211,852 (-56.9%), from €372,343 to €160,492
mainly Investment in fixed assets (net) (-€130,754) and Net result for the year (-€119,904)
- Tangible fixed assets +€117,083
up €117,083 (+154%), from €75,918 to €193,001
of which Other tangible fixed assets: +€125,366
- Receivables within one year -€66,946
down €66,946 (-57.4%), from €116,690 to €49,745
of which Other amounts receivable: -€90,405
- Receivables after one year +€50,000
up €50,000 (+17.5%), from €285,000 to €335,000
- Intangible fixed assets -€23,947
down €23,947 (-65.6%), from €36,482 to €12,535
- Reserves -€119,904
down €119,904 (-15.9%), from €754,801 to €634,897
- Advances received -€40,368
down €40,368 (-98.6%), from €40,959 to €591
- Accrued charges and deferred income +€16,864
up €16,864 (+370%), from €4,553 to €21,417
- Gross operating margin -€61,926
down €61,926 (-86.0%), from €71,998 to €10,072
- Staff costs +€23,511
up €23,511 (+35.1%), from €67,036 to €90,547
- Financial income -€20,839
down €20,839 (-80.1%), from €26,027 to €5,188
- Depreciation +€3,143
up €3,143 (+9.1%), from €34,475 to €37,618
- Financial charges +€1,907
up €1,907 (+88.3%), from €2,160 to €4,067
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 | €926,693 | €790,062 | -€136,630 | -14.7% |
| Fixed assets | 21/28 | €112,584 | €205,721 | +€93,136 | +82.7% |
| Intangible fixed assets | 21 | €36,482 | €12,535 | -€23,947 | -65.6% |
| Tangible fixed assets | 22/27 | €75,918 | €193,001 | +€117,083 | +154% |
| Plant, machinery and equipment | 23 | €284 | €7,021 | +€6,737 | +2,376% |
| Furniture and vehicles | 24 | €44,061 | €29,041 | -€15,020 | -34.1% |
| Other tangible fixed assets | 26 | €31,573 | €156,939 | +€125,366 | +397% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €814,109 | €584,342 | -€229,767 | -28.2% |
| Amounts receivable after more than one year | 29 | €285,000 | €335,000 | +€50,000 | +17.5% |
| Other amounts receivable | 291 | €285,000 | €335,000 | +€50,000 | +17.5% |
| Amounts receivable within one year | 40/41 | €116,690 | €49,745 | -€66,946 | -57.4% |
| Trade receivables | 40 | €587 | €24,046 | +€23,459 | +3,997% |
| Other amounts receivable | 41 | €116,103 | €25,698 | -€90,405 | -77.9% |
| Current investments | 50/53 | €33,795 | €33,537 | -€259 | -0.8% |
| Cash at bank and in hand | 54/58 | €372,343 | €160,492 | -€211,852 | -56.9% |
| Deferred charges and accrued income | 490/1 | €6,280 | €5,569 | -€711 | -11.3% |
| Total equity and liabilities | 10/49 | €926,693 | €790,062 | -€136,630 | -14.7% |
| Equity | 10/15 | €773,401 | €653,497 | -€119,904 | -15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €754,801 | €634,897 | -€119,904 | -15.9% |
| Distributable reserves | 133 | €754,801 | €634,897 | -€119,904 | -15.9% |
| Amounts payable | 17/49 | €153,292 | €136,565 | -€16,726 | -10.9% |
| Amounts payable within one year | 42/48 | €148,738 | €115,148 | -€33,590 | -22.6% |
| Trade debts | 44 | €84,421 | €87,479 | +€3,058 | +3.6% |
| Suppliers | 440/4 | €84,421 | €87,479 | +€3,058 | +3.6% |
| Advances received on contracts in progress | 46 | €40,959 | €591 | -€40,368 | -98.6% |
| Taxes, remuneration and social security | 45 | €23,349 | €27,078 | +€3,729 | +16.0% |
| Taxes | 450/3 | €17,674 | €13,466 | -€4,208 | -23.8% |
| Remuneration and social security | 454/9 | €5,676 | €13,612 | +€7,937 | +140% |
| Other amounts payable | 47/48 | €9 | €0 | -€9 | -100% |
| Accrued charges and deferred income | 492/3 | €4,553 | €21,417 | +€16,864 | +370% |
| Non-recurring operating income | 76A | €0 | €550 | +€550 | |
| Remuneration, social security and pensions | 62 | €67,036 | €90,547 | +€23,511 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,475 | €37,618 | +€3,143 | +9.1% |
| Other operating charges | 640/8 | €2,175 | €2,800 | +€626 | +28.8% |
| Gross operating margin | 9900 | €71,998 | €10,072 | -€61,926 | -86.0% |
| Operating profit (loss) | 9901 | -€31,688 | -€120,893 | -€89,205 | -282% |
| Financial income | 75/76B | €26,027 | €5,188 | -€20,839 | -80.1% |
| Recurring financial income | 75 | €26,027 | €5,188 | -€20,839 | -80.1% |
| Financial charges | 65/66B | €2,160 | €4,067 | +€1,907 | +88.3% |
| Recurring financial charges | 65 | €2,160 | €4,067 | +€1,907 | +88.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,821 | -€119,772 | -€111,951 | -1,431% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€7,949 | -€119,904 | -€111,955 | -1,408% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,949 | -€119,904 | -€111,955 | -1,408% |
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 25 October 2026 via checked.be.