Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LATTE ART from Watermaal-Bosvoorde, company number BE0798291489, closed financial year 2025 with a result of € -4,976 after tax. For that financial year LATTE ART recorded a gross margin of € 42,890 and equity of € -29,465. Compared with financial year 2024, the result moved from € -3,674 to € -4,976. 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 September 30, 2026.
€ -29,465
▼ € 4,976 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,976
▼ 35 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,317
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,465.
People and assets in 2025
€ 40,935
▲ 20% 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,417
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,095
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,919 | € 36,697 | € 42,890 | ▲ 17% |
| Profit after taxes | € -23,815 | € -3,674 | € -4,976 | ▼ € 1,302 |
| Equity | € -20,815 | € -24,489 | € -29,465 | ▼ € 4,976 |
| Total debts | € 69,247 | € 83,982 | € 94,634 | ▲ 13% |
| Cash | € 8,627 | € 18,793 | € 13,317 | ▼ 29% |
| Land & buildings | - | - | € 15,819 | |
| Retained profit | € -23,815 | € -27,489 | € -32,465 | ▼ € 4,976 |
| Balance sheet total | € 48,431 | € 59,493 | € 65,169 | ▲ 10% |
Key figures of LATTE ART, 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 July 2027.
What happened to LATTE ART?
What happened at LATTE ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,976. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Ashan Mubshir became a director. NBB
- Pinelopi Zioga became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,815 loss in 2023 to € 4,976 loss in 2025.
Management
Behind LATTE ART are Pinelopi Zioga and Ashan Mubshir. Pinelopi Zioga is also behind G.A.P. RE INVEST.
Directors
According to the 2025 annual accounts
since 2023
Ashan Mubshir
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Vorstlaan 90
1170 Watermaal-Bosvoorde
Zuidstraat 28
1000 Brussel
Active since 1 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
All companies at this address →Association royale des fabricants de confitures, sirops à tartiner, compotes, conserves et préparations de fruits
federdrive
ALMAX
€ -922 gross margin · 2025
LEGAL, TAX AND MANAGEMENT ADVISORS
€ 150,183 gross margin · 2025
J.M.V.D.
€ 173,590 gross margin · 2025
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0798.291.489
- VAT number
- BE 0798.291.489
- Registered office
- Vorstlaan 90, 1170 Watermaal-Bosvoorde
- Names & denominations
- LATTE ART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2023
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Overige detailhandel in voedingsmiddelen, neg
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.