LATOURDEV: 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.
LATOURDEV
Largest movements
- Cash -€77,668
down €77,668 (-90.0%), from €86,299 to €8,631
mainly Contributions, distributions and other (-€185,022) and Current investments (-€39,051)
- Current investments +€39,051
up €39,051 (+194%), from €20,088 to €59,139
- Tangible fixed assets -€12,661
down €12,661 (-27.9%), from €45,357 to €32,695
of which Furniture and vehicles: -€12,202
- Receivables within one year -€2,211
down €2,211 (-24.1%), from €9,184 to €6,973
of which Trade receivables: -€8,798
- Profit (loss) carried forward -€136,835
no longer reported in 2025 (was €136,835)
- Other debts +€90,819
up €90,819 (+4,435%), from €2,048 to €92,867
- Tax, wage and social debts -€7,751
down €7,751 (-51.7%), from €14,979 to €7,228
- Gross operating margin -€14,112
down €14,112 (-16.2%), from €86,929 to €72,817
- Taxes -€3,049
down €3,049 (-19.8%), from €15,396 to €12,347
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 | €162,516 | €108,544 | -€53,972 | -33.2% |
| Fixed assets | 21/28 | €45,357 | €32,695 | -€12,661 | -27.9% |
| Tangible fixed assets | 22/27 | €45,357 | €32,695 | -€12,661 | -27.9% |
| Plant, machinery and equipment | 23 | €1,090 | €631 | -€459 | -42.1% |
| Furniture and vehicles | 24 | €44,266 | €32,065 | -€12,202 | -27.6% |
| Current assets | 29/58 | €117,160 | €75,849 | -€41,311 | -35.3% |
| Amounts receivable within one year | 40/41 | €9,184 | €6,973 | -€2,211 | -24.1% |
| Trade receivables | 40 | €8,798 | - | -€8,798 | |
| Other amounts receivable | 41 | €386 | €6,973 | +€6,587 | +1,705% |
| Current investments | 50/53 | €20,088 | €59,139 | +€39,051 | +194% |
| Cash at bank and in hand | 54/58 | €86,299 | €8,631 | -€77,668 | -90.0% |
| Deferred charges and accrued income | 490/1 | €1,589 | €1,105 | -€484 | -30.4% |
| Total equity and liabilities | 10/49 | €162,516 | €108,544 | -€53,972 | -33.2% |
| Equity | 10/15 | €144,835 | €8,000 | -€136,835 | -94.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,835 | - | -€136,835 | |
| Amounts payable | 17/49 | €17,682 | €100,544 | +€82,862 | +469% |
| Amounts payable within one year | 42/48 | €17,682 | €100,544 | +€82,862 | +469% |
| Trade debts | 44 | €655 | €449 | -€206 | -31.4% |
| Suppliers | 440/4 | €655 | €449 | -€206 | -31.4% |
| Taxes, remuneration and social security | 45 | €14,979 | €7,228 | -€7,751 | -51.7% |
| Taxes | 450/3 | €14,979 | €7,228 | -€7,751 | -51.7% |
| Other amounts payable | 47/48 | €2,048 | €92,867 | +€90,819 | +4,435% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,802 | €12,661 | -€141 | -1.1% |
| Other operating charges | 640/8 | €142 | €105 | -€36 | -25.5% |
| Gross operating margin | 9900 | €86,929 | €72,817 | -€14,112 | -16.2% |
| Operating profit (loss) | 9901 | €73,985 | €60,050 | -€13,935 | -18.8% |
| Financial income | 75/76B | €1,404 | €571 | -€833 | -59.3% |
| Recurring financial income | 75 | €1,404 | €571 | -€833 | -59.3% |
| Financial charges | 65/66B | €162 | €87 | -€75 | -46.4% |
| Recurring financial charges | 65 | €162 | €87 | -€75 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €75,227 | €60,535 | -€14,693 | -19.5% |
| Income taxes | 67/77 | €15,396 | €12,347 | -€3,049 | -19.8% |
| Profit (loss) for the period | 9904 | €59,832 | €48,188 | -€11,644 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,832 | €48,188 | -€11,644 | -19.5% |
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 16 October 2026 via checked.be.