LAMBDA EXPRESSION
Dissolved and wound upFinancials · financial year 2025, full format
Annual accounts 2025 filed on 20-05-2026 PDF all 3 filings
Turnover
≈ €170,000
Estimated: probably between €88,000 and €310,000
EBIT margin
Not included in this filing
Net result
€33,493▼ 1.4%
2024 · €33,966
Working capital
€80,215▲ 75.0%
2024 · €45,836
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€45,612
▼ 3.3%
2025
20232025
Net result
€33,493
▼ 1.4%
2025
20232025
Equity
€79,971
▲ 72.1%
2025
20232025
Total assets
€96,129
▲ 29.9%
2025
20232025
Debt
€16,158
▼ 41.3%
2025
20232025
Working capital
€80,215
▲ 75.0%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€13,936-€47,182▲ 239%€45,612▼ 3.3%
Net result€10,013-€33,966▲ 239%€33,493▼ 1.4%
Equity€12,513-€46,479▲ 271%€79,971▲ 72.1%
Total assets€33,984-€73,998▲ 118%€96,129▲ 29.9%
Debt€21,471-€27,519▲ 28.2%€16,158▼ 41.3%
Working capital€12,513-€45,836▲ 266%€80,215▲ 75.0%
The operating result for 2025 is 3% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96,129
Fixed assets
€32 ▼ 95.1%
Current assets
€96,098 ▲ 31.0%
Equity and liabilities €96,129
Equity
€79,971 ▲ 72.1%
Debt
€16,158 ▼ 41.3%
Debt's share of the balance-sheet total falls from 37.2% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,223▼
2024 · €47,761
Cash flow
€34,104▼
2024 · €34,545
Current ratio
6.05▲
2024 · 2.67
Debt to equity
0.20▼
2024 · 0.59
ROE
41.9%▼
2024 · 73.1%
ROA
34.8%▼
2024 · 45.9%
Interest coverage
over 100
Debt ≤ 1 year
€15,883▼
2024 · €27,519
Income taxes
€12,099▼
2024 · €13,216
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €1,222 | - |
| Depreciation and write-downs of the year | - | €579 | €611 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €579 | €611 | ▲ 5.6% |
| Other operating charges640/8 | €154 | €98 | €101 | ▲ 3.0% |
| Gross operating margin9900 | €14,090 | €47,859 | €46,324 | ▼ 3.2% |
| Operating profit (loss)9901 | €13,936 | €47,182 | €45,612 | ▼ 3.3% |
| Financial charges65/66B | €38 | - | €21 | - |
| Recurring financial charges65 | €38 | - | €21 | - |
| Profit (loss) for the period before taxes9903 | €13,898 | €47,182 | €45,592 | ▼ 3.4% |
| Income taxes67/77 | €3,885 | €13,216 | €12,099 | ▼ 8.5% |
| Profit (loss) for the period9904 | €10,013 | €33,966 | €33,493 | ▼ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €10,013 | €33,966 | €33,493 | ▼ 1.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33,984 | €73,998 | €96,129 | ▲ 29.9% |
| Fixed assets21/28 | - | €643 | €32 | ▼ 95.1% |
| Tangible fixed assets22/27 | - | €643 | €32 | ▼ 95.1% |
| Plant, machinery and equipment23 | - | €643 | €32 | ▼ 95.1% |
| Current assets29/58 | €33,984 | €73,355 | €96,098 | ▲ 31.0% |
| Amounts receivable within one year40/41 | €8,285 | €12,644 | - | - |
| Trade receivables40 | €7,680 | €12,644 | - | - |
| Other amounts receivable41 | €605 | - | - | - |
| Cash at bank and in hand54/58 | €25,699 | €60,711 | €96,098 | ▲ 58.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33,984 | €73,998 | €96,129 | ▲ 29.9% |
| Equity10/15 | €12,513 | €46,479 | €79,971 | ▲ 72.1% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €10,013 | €43,979 | €77,103 | ▲ 75.3% |
| Distributable reserves133 | €10,013 | €43,979 | €77,103 | ▲ 75.3% |
| Profit (loss) carried forward14 | - | - | €368 | - |
| Amounts payable17/49 | €21,471 | €27,519 | €16,158 | ▼ 41.3% |
| Amounts payable within one year42/48 | €21,471 | €27,519 | €15,883 | ▼ 42.3% |
| Trade debts44 | €10,429 | €4,292 | €52 | ▼ 98.8% |
| Suppliers440/4 | €10,429 | €4,292 | €52 | ▼ 98.8% |
| Taxes, remuneration and social security45 | €7,244 | €23,227 | €15,519 | ▼ 33.2% |
| Taxes450/3 | €5,208 | €23,227 | €15,519 | ▼ 33.2% |
| Remuneration and social security454/9 | €2,036 | - | - | - |
| Other amounts payable47/48 | €3,798 | - | €313 | - |
| Accrued charges and deferred income492/3 | - | - | €275 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,013 | €33,966 | €33,493 | ▼ 1.4% |
| + Depreciation and write-downs630 | - | €579 | €611 | ▲ 5.6% |
| Operating cash flow (approximation) | €10,013 | €34,545 | €34,104 | ▼ 1.3% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €35,012 | €35,387 | ▲ 1.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.