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 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LATEM from Gent, company number BE0802618877, closed financial year 2025 with a result of € 54,459 after tax. For that financial year LATEM recorded a gross margin of € 184,652 and equity of € -131,972. Compared with financial year 2024, the result moved from € -196,431 to € 54,459. Profitable, and profit is growing. 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 July 29, 2026.
€ -131,972
▲ € 54,459 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,459
▲ still € 196,431 loss in 2024
Profit after tax over the fiscal year.
€ 1,363
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -141,972.
People and assets in 2025
€ 35,722
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 10% vs 2024
€ 127,080 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 97,261
▲ 168% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,530
▲ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 286,541 | € 184,652 | ▼ 36% |
| Profit after taxes | € -196,431 | € 54,459 | ▲ € 250,890 |
| Equity | € -186,431 | € -131,972 | ▲ € 54,459 |
| Total debts | € 2,565,617 | € 2,689,393 | ▲ 5% |
| Cash | € 16,221 | € 1,363 | ▼ 92% |
| Land & buildings | € 2,077,226 | € 2,029,874 | ▼ 2% |
| Retained profit | € -196,431 | € -141,972 | ▲ € 54,459 |
| Bank debt | € 1,248,361 | € 1,127,000 | ▼ 10% |
| Balance sheet total | € 2,379,186 | € 2,557,421 | ▲ 7% |
Key figures of LATEM, fiscal years 2024 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?
What happened at LATEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,459. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Jolie BV BV became a director. NBB
In short
From € 196,431 loss in 2024 to € 54,459 profit in 2025.
Best year ever: 2025, with € 54,459 profit.
Management
Behind LATEM is Jolie BV BV.
Directors
According to the 2025 annual accounts
Director · represented by Declercq Jolien
since 2023
Establishments
Establishment units
Physical locations of this company
Kleine Duddegemstraat 30
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0802.618.877
- VAT number
- BE 0802.618.877
- Registered office
- Kleine Duddegemstraat 30, 9051 Gent
- Names & denominations
- LATEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2023
- Peppol
- Active · Active since 30 Sept 2026
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