Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LATO TRAVEL APP from Gent, company number BE0779768449, closed financial year 2025 with a result of € -18,325 after tax. For that financial year LATO TRAVEL APP recorded a gross margin of € 246,027 and equity of € -59,934. Compared with financial year 2024, the result moved from € -25,124 to € -18,325. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ -59,934
▼ € 18,325 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,325
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 142,824
▲ € 123,931 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,934.
People and assets in 2025
€ 210,034
▲ 59% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,781
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 350,000
▲ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 21,558
▲ € 21,385 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,669
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 66,534 | € 131,000 | € 246,027 | ▲ 88% |
| Profit after taxes | € -26,484 | € -25,124 | € -18,325 | ▲ € 6,799 |
| Equity | € -16,484 | € -41,608 | € -59,934 | ▼ € 18,325 |
| Total debts | € 183,022 | € 287,329 | € 617,406 | ▲ 115% |
| Cash | € 51,836 | € 18,893 | € 142,824 | ▲ € 123,931 |
| Retained profit | € -26,484 | € -51,608 | € -69,934 | ▼ € 18,325 |
| Bank debt | € 150,000 | € 250,000 | € 350,000 | ▲ 40% |
| Balance sheet total | € 166,538 | € 245,721 | € 557,472 | ▲ 127% |
Key figures of LATO TRAVEL APP, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to LATO TRAVEL APP?
What happened at LATO TRAVEL APP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,325. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,484 loss in 2023 to € 18,325 loss in 2025.
Paid € 256 in corporate taxes since 2023.
Management
Behind LATO TRAVEL APP are Kris Klingele and Wout Klingele.
Directors
According to the 2025 annual accounts
Kris Klingele
Director
Wout Klingele
Director
Establishments
Establishment units
Physical locations of this company
Hoogpoort 31
9000 Gent
Ham 1
9000 Gent
Active since 6 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0779.768.449
- VAT number
- BE 0779.768.449
- Registered office
- Hoogpoort 31, 9000 Gent
- Names & denominations
- LATO TRAVEL APP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2022
- Peppol
- Active · Active since 3 Jun 2026
- Activities · NACE
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