Lambda Wave: 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 Wave
Largest movements
- Tangible fixed assets -€2,129
down €2,129 (-45.3%), from €4,701 to €2,572
of which Furniture and vehicles: -€1,163
- Cash -€1,474
down €1,474 (-7.8%), from €18,786 to €17,312
mainly Contributions, distributions and other (-€30,000) and Other debts (-€5,710)
- Receivables within one year +€1,051
up €1,051 (+70.1%), from €1,500 to €2,551
- Other debts -€5,710
down €5,710 (-33.5%), from €17,041 to €11,332
- Tax, wage and social debts +€2,581
up €2,581 (+43.0%), from €6,009 to €8,590
- Profit (loss) carried forward +€323
up €323, from €0 to €323
- Gross operating margin +€12,486
up €12,486 (+37.4%), from €33,344 to €45,830
- Taxes +€4,747
up €4,747 (+70.8%), from €6,702 to €11,449
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,331 | €22,648 | -€2,683 | -10.6% |
| Fixed assets | 21/28 | €4,701 | €2,572 | -€2,129 | -45.3% |
| Tangible fixed assets | 22/27 | €4,701 | €2,572 | -€2,129 | -45.3% |
| Plant, machinery and equipment | 23 | €966 | €0 | -€966 | -100.0% |
| Furniture and vehicles | 24 | €3,735 | €2,572 | -€1,163 | -31.1% |
| Current assets | 29/58 | €20,630 | €20,076 | -€554 | -2.7% |
| Amounts receivable within one year | 40/41 | €1,500 | €2,551 | +€1,051 | +70.1% |
| Other amounts receivable | 41 | €1,500 | €2,551 | +€1,051 | +70.1% |
| Cash at bank and in hand | 54/58 | €18,786 | €17,312 | -€1,474 | -7.8% |
| Deferred charges and accrued income | 490/1 | €344 | €213 | -€131 | -38.2% |
| Total equity and liabilities | 10/49 | €25,331 | €22,648 | -€2,683 | -10.6% |
| Equity | 10/15 | €2,000 | €2,323 | +€323 | +16.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €323 | +€323 | |
| Amounts payable | 17/49 | €23,331 | €20,325 | -€3,006 | -12.9% |
| Amounts payable within one year | 42/48 | €23,331 | €20,325 | -€3,006 | -12.9% |
| Trade debts | 44 | €281 | €404 | +€122 | +43.6% |
| Suppliers | 440/4 | €281 | €404 | +€122 | +43.6% |
| Taxes, remuneration and social security | 45 | €6,009 | €8,590 | +€2,581 | +43.0% |
| Taxes | 450/3 | €6,009 | €8,590 | +€2,581 | +43.0% |
| Other amounts payable | 47/48 | €17,041 | €11,332 | -€5,710 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,151 | €2,129 | -€23 | -1.1% |
| Other operating charges | 640/8 | €0 | €309 | +€309 | |
| Gross operating margin | 9900 | €33,344 | €45,830 | +€12,486 | +37.4% |
| Operating profit (loss) | 9901 | €31,193 | €43,393 | +€12,200 | +39.1% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €1,982 | €1,620 | -€361 | -18.2% |
| Recurring financial charges | 65 | €1,982 | €1,620 | -€361 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €29,221 | €41,772 | +€12,551 | +43.0% |
| Income taxes | 67/77 | €6,702 | €11,449 | +€4,747 | +70.8% |
| Profit (loss) for the period | 9904 | €22,519 | €30,323 | +€7,804 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,519 | €30,323 | +€7,804 | +34.7% |
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 10 October 2026 via checked.be.