Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Latem 115 from Sint-Martens-Latem, company number BE0734964743, closed financial year 2025 with a result of € -2,052 after tax. For that financial year Latem 115 recorded a gross margin of € 24,513 and equity of € 29,044. Compared with financial year 2024, the result moved from € 5,220 to € -2,052. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 29,044
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,052
▼ still € 5,220 profit in 2024
Profit after tax over the fiscal year.
€ 16,781
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,956.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,132
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,304
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,474 | € 25,524 | € 32,060 | € 24,513 | ▼ 24% |
| Profit after taxes | € -12,995 | € -1,207 | € 5,220 | € -2,052 | ▼ € 7,272 |
| Equity | € 27,318 | € 25,876 | € 31,096 | € 29,044 | ▼ 7% |
| Total debts | € 258,973 | € 247,971 | € 218,307 | € 197,447 | ▼ 10% |
| Cash | € 8,063 | € 13,795 | € 13,939 | € 16,781 | ▲ 20% |
| Retained profit | € -22,682 | € -24,124 | € -18,904 | € -20,956 | ▼ € 2,052 |
| Balance sheet total | € 286,291 | € 273,847 | € 249,403 | € 226,491 | ▼ 9% |
Key figures of Latem 115, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Latem 115?
What happened at Latem 115 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,052 (▼ € 7,272 vs 2024). Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Els Fraeye became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,995 loss in 2021 to € 2,052 loss in 2025.
Best year ever: 2024, with € 5,220 profit.
A new publication or filing at Latem 115? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Els Fraeye
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Latemstraat 115
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0734.964.743
- VAT number
- BE 0734.964.743
- Registered office
- Latemstraat 115, 9830 Sint-Martens-Latem
- Names & denominations
- Latem 115
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2019
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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