Cycles Lampo: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
Cycles Lampo
NACE 46.495, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€77,042
2024 · €43,514+€33,527
Equity
€309,593
2024 · €264,652+€44,942
Cash
€20,337
2024 · €17,622+€2,714
Balance sheet total
€1.4m
2024 · €1.5m-€85,828
Largest movements
Assets
- Stocks and contracts -€65,850
down €65,850 (-16.9%), from €389,695 to €323,846
- Tangible fixed assets -€30,699
down €30,699 (-2.9%), from €1.1m to €1.0m
of which Land and buildings: -€25,854
Equity and liabilities
- Debts after one year -€84,356
down €84,356 (-9.4%), from €900,570 to €816,214
- Reserves +€44,942
up €44,942 (+18.3%), from €246,052 to €290,993
of which Distributable reserves: +€44,942
- Trade debts -€34,234
down €34,234 (-39.6%), from €86,401 to €52,167
- Other debts +€26,506
up €26,506 (+473.8%), from €5,594 to €32,100
- Short-term financial debts -€20,000
down €20,000 (-40.0%), from €50,000 to €30,000
Income statement
- Gross operating margin +€107,515
up €107,515 (+33.8%), from €318,233 to €425,748
- Staff costs +€50,908
up €50,908 (+26.2%), from €194,283 to €245,191
- Taxes +€27,019
up €27,019 (+181.8%), from €14,860 to €41,878
- Financial charges -€5,986
down €5,986 (-22.1%), from €27,080 to €21,094
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€43,514
Gross operating margin
+€107,515
Staff costs
-€50,908
Depreciation
-€229
Write-downs
+€2,723
Other operating charges
-€1,690
Financial income
-€2,852
Financial charges
+€5,986
Taxes
-€27,019
Result 2025
€77,042
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€151,281
Investment
-€11,022
Financing
-€137,546
Cash 2024
€17,622
From operations (derived)
+€151,281
Net result for the year
+€77,042
Depreciation
+€37,856
Stocks and contracts
+€65,850
Receivables within one year
+€505
Deferred charges and accrued income
-€4,647
Trade debts
-€34,234
Tax, wage and social debts
-€5,796
Advances received
-€11,274
Other debts
+€26,506
Accrued charges and deferred income
-€527
Investment (derived)
-€11,022
Investment in fixed assets (net)
-€11,022
Financing
-€137,546
Debts after one year
-€84,356
Current portion of long-term debt
-€1,090
Short-term financial debts
-€20,000
Contributions, distributions and other
-€32,100
Cash 2025
€20,337
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,486,210 | €1,400,381 | -€85,828 | -5.8% |
| Fixed assets | 21/28 | €1,060,617 | €1,033,782 | -€26,835 | -2.5% |
| Tangible fixed assets | 22/27 | €1,059,217 | €1,028,518 | -€30,699 | -2.9% |
| Land and buildings | 22 | €1,043,589 | €1,017,734 | -€25,854 | -2.5% |
| Plant, machinery and equipment | 23 | €3,989 | €2,249 | -€1,740 | -43.6% |
| Furniture and vehicles | 24 | €7,352 | €5,475 | -€1,877 | -25.5% |
| Other tangible fixed assets | 26 | €4,287 | €3,059 | -€1,228 | -28.6% |
| Financial fixed assets | 28 | €1,400 | €5,265 | +€3,865 | +276.0% |
| Current assets | 29/58 | €425,593 | €366,599 | -€58,994 | -13.9% |
| Stocks and contracts in progress | 3 | €389,695 | €323,846 | -€65,850 | -16.9% |
| Stocks | 30/36 | €389,695 | €323,846 | -€65,850 | -16.9% |
| Amounts receivable within one year | 40/41 | €6,100 | €5,595 | -€505 | -8.3% |
| Trade receivables | 40 | €5,960 | €566 | -€5,394 | -90.5% |
| Other amounts receivable | 41 | €140 | €5,029 | +€4,889 | +3483.8% |
| Cash at bank and in hand | 54/58 | €17,622 | €20,337 | +€2,714 | +15.4% |
| Deferred charges and accrued income | 490/1 | €12,175 | €16,822 | +€4,647 | +38.2% |
| Total equity and liabilities | 10/49 | €1,486,210 | €1,400,381 | -€85,828 | -5.8% |
| Equity | 10/15 | €264,652 | €309,593 | +€44,942 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €246,052 | €290,993 | +€44,942 | +18.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €246,052 | €290,993 | +€44,942 | +18.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,221,558 | €1,090,788 | -€130,770 | -10.7% |
| Amounts payable after more than one year | 17 | €900,570 | €816,214 | -€84,356 | -9.4% |
| Financial debts | 170/4 | €900,570 | €816,214 | -€84,356 | -9.4% |
| Amounts payable within one year | 42/48 | €320,350 | €274,463 | -€45,887 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €95,608 | €94,519 | -€1,090 | -1.1% |
| Financial debts | 43 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Credit institutions | 430/8 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Trade debts | 44 | €86,401 | €52,167 | -€34,234 | -39.6% |
| Suppliers | 440/4 | €86,401 | €52,167 | -€34,234 | -39.6% |
| Advances received on contracts in progress | 46 | €11,725 | €451 | -€11,274 | -96.2% |
| Taxes, remuneration and social security | 45 | €71,022 | €65,226 | -€5,796 | -8.2% |
| Taxes | 450/3 | €57,049 | €43,678 | -€13,371 | -23.4% |
| Remuneration and social security | 454/9 | €13,973 | €21,548 | +€7,575 | +54.2% |
| Other amounts payable | 47/48 | €5,594 | €32,100 | +€26,506 | +473.8% |
| Accrued charges and deferred income | 492/3 | €639 | €112 | -€527 | -82.5% |
| Non-recurring operating income | 76A | €14,257 | €21,500 | +€7,243 | +50.8% |
| Remuneration, social security and pensions | 62 | €194,283 | €245,191 | +€50,908 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,628 | €37,856 | +€229 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,723 | €0 | -€2,723 | -100.0% |
| Other operating charges | 640/8 | €8,460 | €10,150 | +€1,690 | +20.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €318,233 | €425,748 | +€107,515 | +33.8% |
| Operating profit (loss) | 9901 | €75,140 | €132,551 | +€57,411 | +76.4% |
| Financial income | 75/76B | €10,314 | €7,463 | -€2,852 | -27.6% |
| Recurring financial income | 75 | €10,314 | €7,463 | -€2,852 | -27.6% |
| Financial charges | 65/66B | €27,080 | €21,094 | -€5,986 | -22.1% |
| Recurring financial charges | 65 | €27,080 | €21,094 | -€5,986 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €58,374 | €118,920 | +€60,546 | +103.7% |
| Income taxes | 67/77 | €14,860 | €41,878 | +€27,019 | +181.8% |
| Profit (loss) for the period | 9904 | €43,514 | €77,042 | +€33,527 | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,514 | €77,042 | +€33,527 | +77.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.