Lambda Sigma: 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.
Lambda Sigma
Largest movements
- Receivables within one year +€20,495
up €20,495 (+117%), from €17,459 to €37,954
of which Trade receivables: +€20,026
- Cash -€16,532
down €16,532 (-70.7%), from €23,373 to €6,842
mainly Contributions, distributions and other (-€32,009) and Receivables within one year (-€20,495)
- Tangible fixed assets -€15,412
down €15,412 (-25.4%), from €60,693 to €45,281
of which Furniture and vehicles: -€14,145
- Debts after one year -€11,605
down €11,605 (-66.0%), from €17,581 to €5,976
- Other debts +€7,398
up €7,398 (+68.3%), from €10,824 to €18,221
- Reserves -€3,782
down €3,782 (-11.8%), from €32,009 to €28,228
- Current portion of long-term debt -€2,873
down €2,873 (-19.8%), from €14,478 to €11,605
- Tax, wage and social debts -€1,742
down €1,742 (-17.8%), from €9,765 to €8,024
- Depreciation +€3,442
up €3,442 (+18.9%), from €18,192 to €21,633
- Gross operating margin -€3,201
down €3,201 (-5.0%), from €63,724 to €60,523
- Taxes -€969
down €969 (-10.9%), from €8,885 to €7,915
- Financial charges +€650
up €650 (+55.2%), from €1,178 to €1,828
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,589 | €94,069 | -€11,520 | -10.9% |
| Fixed assets | 21/28 | €60,693 | €45,281 | -€15,412 | -25.4% |
| Tangible fixed assets | 22/27 | €60,693 | €45,281 | -€15,412 | -25.4% |
| Plant, machinery and equipment | 23 | €1,536 | €523 | -€1,013 | -66.0% |
| Furniture and vehicles | 24 | €58,903 | €44,758 | -€14,145 | -24.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €254 | €0 | -€254 | -100% |
| Current assets | 29/58 | €44,896 | €48,788 | +€3,892 | +8.7% |
| Amounts receivable within one year | 40/41 | €17,459 | €37,954 | +€20,495 | +117% |
| Trade receivables | 40 | €15,344 | €35,370 | +€20,026 | +131% |
| Other amounts receivable | 41 | €2,115 | €2,585 | +€469 | +22.2% |
| Cash at bank and in hand | 54/58 | €23,373 | €6,842 | -€16,532 | -70.7% |
| Deferred charges and accrued income | 490/1 | €4,063 | €3,992 | -€71 | -1.7% |
| Total equity and liabilities | 10/49 | €105,589 | €94,069 | -€11,520 | -10.9% |
| Equity | 10/15 | €52,009 | €48,228 | -€3,782 | -7.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,009 | €28,228 | -€3,782 | -11.8% |
| Distributable reserves | 133 | €32,009 | €28,228 | -€3,782 | -11.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,579 | €45,841 | -€7,738 | -14.4% |
| Amounts payable after more than one year | 17 | €17,581 | €5,976 | -€11,605 | -66.0% |
| Financial debts | 170/4 | €17,581 | €5,976 | -€11,605 | -66.0% |
| Amounts payable within one year | 42/48 | €35,999 | €39,136 | +€3,137 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €14,478 | €11,605 | -€2,873 | -19.8% |
| Financial debts | 43 | €0 | €265 | +€265 | |
| Credit institutions | 430/8 | €0 | €265 | +€265 | |
| Trade debts | 44 | €932 | €1,022 | +€90 | +9.6% |
| Suppliers | 440/4 | €932 | €1,022 | +€90 | +9.6% |
| Taxes, remuneration and social security | 45 | €9,765 | €8,024 | -€1,742 | -17.8% |
| Taxes | 450/3 | €9,765 | €8,024 | -€1,742 | -17.8% |
| Other amounts payable | 47/48 | €10,824 | €18,221 | +€7,398 | +68.3% |
| Accrued charges and deferred income | 492/3 | €0 | €729 | +€729 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,192 | €21,633 | +€3,442 | +18.9% |
| Other operating charges | 640/8 | €960 | €929 | -€31 | -3.3% |
| Gross operating margin | 9900 | €63,724 | €60,523 | -€3,201 | -5.0% |
| Operating profit (loss) | 9901 | €44,572 | €37,961 | -€6,611 | -14.8% |
| Financial income | 75/76B | €0 | €10 | +€10 | +7,136% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +7,136% |
| Financial charges | 65/66B | €1,178 | €1,828 | +€650 | +55.2% |
| Recurring financial charges | 65 | €1,178 | €1,828 | +€650 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €43,394 | €36,143 | -€7,251 | -16.7% |
| Income taxes | 67/77 | €8,885 | €7,915 | -€969 | -10.9% |
| Profit (loss) for the period | 9904 | €34,509 | €28,228 | -€6,282 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,509 | €28,228 | -€6,282 | -18.2% |
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 17 October 2026 via checked.be.