Lambda-X High Tech
Annual accounts 2025
abbreviated format, filed on 01-07-2026, 30 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €9.9m. Estimated: probably between €6.7m and €16.0m.
Balance sheet
balance sheet total €8.0m on 31-12-2025in €m
in €m
Position in the sector
7.0%
Higher than 14% of 2,566 companies in 2025.
1.07
Higher than 25% of 2,522 companies in 2025.
11.0%
Higher than 62% of 2,543 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter
Staff
€98,652
Staff costs divided by the average number of full-time equivalents.
+4 people
In 2025, 10 people joined and 6 left. Training hours in 2025: 1,722.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
8.0m | 5.1m | 5.9m | |
21/28 |
667,513 | 336,861 | 383,836 | |
21 |
50,064 | 52,833 | 56,361 | |
22/27 |
617,449 | 284,027 | 327,474 | |
23 |
562,721 | 209,001 | 258,062 | |
24 |
54,728 | 75,026 | 69,412 | |
29/58 |
7.3m | 4.8m | 5.6m | |
3 |
2.3m | 1.3m | 1.7m | |
30/36 |
241,692 | 259,332 | 289,615 | |
37 |
2.0m | 1.1m | 1.4m | |
40/41 |
2.8m | 2.1m | 3.7m | |
40 |
1.6m | 1.6m | 3.5m | |
41 |
1.2m | 476,181 | 105,806 | |
50/53 |
1.4m | 800,000 | - | |
54/58 |
595,614 | 555,429 | 177,002 | |
490/1 |
287,548 | 76,397 | 47,438 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
8.0m | 5.1m | 5.9m | |
10/15 |
563,104 | 2.4m | 1.5m | |
10/11 |
119,954 | 119,954 | 119,954 | |
13 |
378,900 | 378,900 | 147,350 | |
132 |
231,550 | 378,900 | 147,350 | |
133 |
147,350 | - | - | |
14 |
64,250 | 1.9m | 1.3m | |
16 |
7,983 | 7,983 | 7,983 | |
160/5 |
7,983 | 7,983 | 7,983 | |
160 |
7,983 | 7,983 | 7,983 | |
17/49 |
7.4m | 2.7m | 4.4m | |
17 |
511,740 | 696,446 | 193,083 | |
170/4 |
511,740 | 696,446 | 193,083 | |
42/48 |
6.9m | 2.0m | 4.2m | |
42 |
259,034 | 249,714 | 36,632 | |
43 |
225,274 | 373,458 | 1.2m | |
430/8 |
225,274 | 373,458 | 1.2m | |
44 |
1.3m | 597,112 | 1.9m | |
440/4 |
1.3m | 597,112 | 1.9m | |
46 |
2.2m | - | 82,573 | |
45 |
606,439 | 604,209 | 425,848 | |
450/3 |
57,076 | 138,594 | 21,368 | |
454/9 |
549,364 | 465,615 | 404,480 | |
47/48 |
2.2m | 205,986 | 599,892 | |
492/3 |
45,578 | 16,665 | - | |
| Income statement | ||||
9900 |
5.7m | 5.3m | 4.3m | |
62 |
4.2m | 3.7m | 3.2m | |
630 |
1.1m | 1.2m | 1.4m | |
631/4 |
130,545 | 19,568 | 55,564 | |
635/8 |
- | - | 7,983 | |
640/8 |
21,479 | 4,391 | 323 | |
66A |
- | 20,084 | 82,964 | |
9901 |
267,317 | 359,307 | -395,390 | |
75/76B |
900,337 | 827,012 | 850,947 | |
75 |
900,337 | 827,012 | 850,947 | |
65/66B |
141,049 | 131,156 | 66,581 | |
65 |
141,049 | 131,156 | 66,581 | |
9903 |
1.0m | 1.1m | 388,976 | |
67/77 |
147,096 | 193,167 | 124,393 | |
9904 |
879,508 | 861,996 | 264,582 | |
789 |
147,350 | - | - | |
689 |
- | 231,550 | 147,350 | |
9905 |
1.0m | 630,446 | 117,232 | |
| Appropriation of the result | ||||
9906 |
2.9m | 1.9m | 1.3m | |
14P |
1.9m | 1.3m | 1.1m | |
691/2 |
147,350 | - | - | |
6921 |
147,350 | - | - | |
694/7 |
2.7m | - | - | |
694 |
2.7m | - | - | |
| Social balance sheet | ||||
9087 |
42.5 | 38.8 | 32.8 | |
Hours worked1013 |
70,225 | 63,549 | 50,903 | |
| Document | ||||
The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Federal government 2024 to 2025, 2 entries, €212,345 in total
| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | Defence | 1 | €88,486 |
| 2024 | Defence | 1 | €123,859 |
European Union 2023 to 2025, 4 entries, €1.1m in total
| Year | Entries | Awarded |
|---|---|---|
| 2025 | 1 | €430,878 |
| 2024 | 1 | €279,613 |
| 2023 | 2 | €367,456 |
European research 1 project, €367,454 EU contribution
Projects
- ULTRA-FAST CHEMICAL ANALYSIS IMAGING WITH RAMANHorizon Europe, participant, 01-01-2024 to 31-12-2027, €367,454, uCAIR
- NINJA2 - EDF-2024-RAEuropean Defence Fund, 01-11-2025 to 31-10-2028, €430,878, NINJA2
- STAALION - SPACE THREATS ANALYSIS BASED ON AUTOMATED REAL-TIME IN-SITU CAPABILITIES AND ONBOARD PROCESSING DECENTRALIZED NETWORKEuropean Defence Fund, 01-12-2024 to 30-11-2026, €279,613
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 1.4m | 1.6m | 987,017 | ||
| 2.0m | 2.1m | 1.6m | ||
| 1.4m | 1.2m | 4.0m | ||
| 40,185 | 378,427 | - | ||
| 460,892 | 2.8m | 1.3m | ||
| 7.0% | 46.5% | 25.7% | ||
| 1.07 | 2.37 | 1.32 | ||
| 0.74 | 1.72 | 0.92 | ||
| 13.22 | 1.15 | 2.88 | ||
| 156.2% | 36.0% | 17.3% | ||
| 11.0% | 16.8% | 4.4% | ||
| 9.79 | 11.94 | 14.82 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 45 | 41 | 35 |
| full-time | 41 | 37 | 34 |
| part-time | 4 | 4 | 1 |
| in full-time equivalents | 43.7 | 39.9 | 34.5 |
| 42.5 | 38.8 | 32.3 | |
| On a permanent contract | 45 | 41 | 35 |
| Joined | 10 | 11 | 38 |
| Left | 6 | 5 | 3 |
| Training hours | 1,722 | 508 | 291 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Debts secured on the company's own assets | €996,048 | €946,160 | €1.2m |
| €2.8m | €2.8m | €1.3m |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €472,409 | €73,037 | €2.3m |
| Intangible fixed assets | €971,706 | €1.1m | €1.7m |
| €1.1m | €1.2m | €1.4m |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Lambda-X High Tech
The operating result for 2025 is 26% lower than in 2024.
Debt's share of the balance-sheet total rises from 53.3% to 92.9%. Equity is lower and debt is higher.
- 2024 Net result +226% on 2023. Part of INNOVATION FACILITIES received in a demerger, Official Gazette 01-08-2023, in the previous financial year. That operation now counts for a full year for the first time.