Latus: 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.
Latus
Largest movements
- Cash +€70,875
up €70,875 (+61.2%), from €115,832 to €186,707
mainly Net result for the year (+€75,232) and Other debts (+€15,250)
- Receivables within one year +€21,521
up €21,521 (+66.4%), from €32,432 to €53,953
of which Trade receivables: +€22,543
- Stocks and contracts +€13,273
up €13,273 (+49.6%), from €26,761 to €40,035
- Reserves +€75,230
new in 2025: €75,230
- Other debts +€15,250
up €15,250 (+97444.1%), from €16 to €15,266
- Trade debts +€8,398
up €8,398 (+353.7%), from €2,375 to €10,773
- Tax, wage and social debts +€6,789
up €6,789 (+125.5%), from €5,409 to €12,198
- Turnover -€198,254
down €198,254 (-30.9%), from €640,950 to €442,696
- Gross operating margin -€113,496
down €113,496 (-52.8%), from €214,989 to €101,492
- Purchases and services -€84,758
down €84,758 (-19.9%), from €425,961 to €341,203
- Taxes -€26,461
down €26,461 (-48.2%), from €54,909 to €28,448
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 | €175,026 | €280,695 | +€105,669 | +60.4% |
| Current assets | 29/58 | €175,026 | €280,695 | +€105,669 | +60.4% |
| Stocks and contracts in progress | 3 | €26,761 | €40,035 | +€13,273 | +49.6% |
| Stocks | 30/36 | €26,761 | €40,035 | +€13,273 | +49.6% |
| Amounts receivable within one year | 40/41 | €32,432 | €53,953 | +€21,521 | +66.4% |
| Trade receivables | 40 | €19,777 | €42,320 | +€22,543 | +114.0% |
| Other amounts receivable | 41 | €12,656 | €11,633 | -€1,023 | -8.1% |
| Cash at bank and in hand | 54/58 | €115,832 | €186,707 | +€70,875 | +61.2% |
| Total equity and liabilities | 10/49 | €175,026 | €280,695 | +€105,669 | +60.4% |
| Equity | 10/15 | €167,227 | €242,458 | +€75,232 | +45.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €75,230 | +€75,230 | |
| Distributable reserves | 133 | - | €75,230 | +€75,230 | |
| Profit (loss) carried forward | 14 | €164,727 | €164,728 | +€2 | 0.0% |
| Amounts payable | 17/49 | €7,799 | €38,237 | +€30,437 | +390.3% |
| Amounts payable within one year | 42/48 | €7,799 | €38,237 | +€30,437 | +390.3% |
| Trade debts | 44 | €2,375 | €10,773 | +€8,398 | +353.7% |
| Suppliers | 440/4 | €2,375 | €10,773 | +€8,398 | +353.7% |
| Taxes, remuneration and social security | 45 | €5,409 | €12,198 | +€6,789 | +125.5% |
| Taxes | 450/3 | €5,409 | €12,198 | +€6,789 | +125.5% |
| Other amounts payable | 47/48 | €16 | €15,266 | +€15,250 | +97444.1% |
| Turnover | 70 | €640,950 | €442,696 | -€198,254 | -30.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €425,961 | €341,203 | -€84,758 | -19.9% |
| Other operating charges | 640/8 | €898 | €528 | -€370 | -41.2% |
| Gross operating margin | 9900 | €214,989 | €101,492 | -€113,496 | -52.8% |
| Operating profit (loss) | 9901 | €214,091 | €100,965 | -€113,126 | -52.8% |
| Financial income | 75/76B | €5,605 | €2,756 | -€2,849 | -50.8% |
| Recurring financial income | 75 | €5,605 | €2,756 | -€2,849 | -50.8% |
| Financial charges | 65/66B | €60 | €40 | -€19 | -32.4% |
| Recurring financial charges | 65 | €60 | €40 | -€19 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €219,636 | €103,680 | -€115,956 | -52.8% |
| Income taxes | 67/77 | €54,909 | €28,448 | -€26,461 | -48.2% |
| Profit (loss) for the period | 9904 | €164,727 | €75,232 | -€89,495 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €164,727 | €75,232 | -€89,495 | -54.3% |
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 10 October 2026 via checked.be.