Lambda-X High Tech: what changed
Two fiscal 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
Lambda-X High Tech
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€879,508
2024 · €861,996+€17,512
Equity
€563,104
2024 · €2.4m-€1.8m
Cash
€595,614
2024 · €555,429+€40,185
Balance sheet total
€8.0m
2024 · €5.1m+€2.9m
Largest movements
Assets
- Stocks and contracts +€940,335
up €940,335 (+71.8%), from €1.3m to €2.3m
of which Contracts in progress: +€957,975
- Receivables within one year +€749,843
up €749,843 (+36.3%), from €2.1m to €2.8m
of which Other amounts receivable: +€750,163
- Current investments +€600,000
up €600,000 (+75.0%), from €800,000 to €1.4m
- Tangible fixed assets +€333,421
up €333,421 (+117.4%), from €284,027 to €617,449
of which Plant, machinery and equipment: +€353,720
- Deferred charges and accrued income +€211,151
up €211,151 (+276.4%), from €76,397 to €287,548
Equity and liabilities
- Advances received +€2.2m
new in 2025: €2.2m
- Other debts +€2.0m
up €2.0m (+977.1%), from €205,986 to €2.2m
- Profit (loss) carried forward -€1.8m
down €1.8m (-96.6%), from €1.9m to €64,250
- Trade debts +€740,925
up €740,925 (+124.1%), from €597,112 to €1.3m
- Debts after one year -€184,705
down €184,705 (-26.5%), from €696,446 to €511,740
Income statement
- Staff costs +€465,330
up €465,330 (+12.5%), from €3.7m to €4.2m
- Gross operating margin +€388,309
up €388,309 (+7.3%), from €5.3m to €5.7m
- Write-downs +€110,977
up €110,977 (+567.2%), from €19,568 to €130,545
- Depreciation -€93,011
down €93,011 (-7.7%), from €1.2m to €1.1m
- Financial income +€73,325
up €73,325 (+8.9%), from €827,012 to €900,337
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
€861,996
Gross operating margin
+€388,309
Staff costs
-€465,330
Depreciation
+€93,011
Write-downs
-€110,977
Other operating charges
-€17,088
Other operating items
+€20,084
Financial income
+€73,325
Financial charges
-€9,893
Taxes
+€46,070
Result 2025
€879,508
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
+€5.1m
Investment
-€2.0m
Financing
-€3.0m
Cash 2024
€555,429
From operations (derived)
+€5.1m
Net result for the year
+€879,508
Depreciation
+€1.1m
Stocks and contracts
-€940,335
Receivables within one year
-€749,843
Deferred charges and accrued income
-€211,151
Trade debts
+€740,925
Tax, wage and social debts
+€2,230
Advances received
+€2.2m
Other debts
+€2.0m
Accrued charges and deferred income
+€28,913
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€1.4m
Current investments
-€600,000
Financing
-€3.0m
Debts after one year
-€184,705
Current portion of long-term debt
+€9,320
Short-term financial debts
-€148,184
Contributions, distributions and other
-€2.7m
Cash 2025
€595,614
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,144,677 | €8,016,844 | +€2.9m | +55.8% |
| Fixed assets | 21/28 | €336,861 | €667,513 | +€330,652 | +98.2% |
| Intangible fixed assets | 21 | €52,833 | €50,064 | -€2,769 | -5.2% |
| Tangible fixed assets | 22/27 | €284,027 | €617,449 | +€333,421 | +117.4% |
| Plant, machinery and equipment | 23 | €209,001 | €562,721 | +€353,720 | +169.2% |
| Furniture and vehicles | 24 | €75,026 | €54,728 | -€20,299 | -27.1% |
| Current assets | 29/58 | €4,807,817 | €7,349,330 | +€2.5m | +52.9% |
| Stocks and contracts in progress | 3 | €1,309,976 | €2,250,311 | +€940,335 | +71.8% |
| Stocks | 30/36 | €259,332 | €241,692 | -€17,640 | -6.8% |
| Contracts in progress | 37 | €1,050,644 | €2,008,619 | +€957,975 | +91.2% |
| Amounts receivable within one year | 40/41 | €2,066,015 | €2,815,857 | +€749,843 | +36.3% |
| Trade receivables | 40 | €1,589,833 | €1,589,514 | -€320 | 0.0% |
| Other amounts receivable | 41 | €476,181 | €1,226,344 | +€750,163 | +157.5% |
| Current investments | 50/53 | €800,000 | €1,400,000 | +€600,000 | +75.0% |
| Cash at bank and in hand | 54/58 | €555,429 | €595,614 | +€40,185 | +7.2% |
| Deferred charges and accrued income | 490/1 | €76,397 | €287,548 | +€211,151 | +276.4% |
| Total equity and liabilities | 10/49 | €5,144,677 | €8,016,844 | +€2.9m | +55.8% |
| Equity | 10/15 | €2,393,104 | €563,104 | -€1.8m | -76.5% |
| Contributions | 10/11 | €119,954 | €119,954 | = | 0.0% |
| Reserves | 13 | €378,900 | €378,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €378,900 | €231,550 | -€147,350 | -38.9% |
| Distributable reserves | 133 | - | €147,350 | +€147,350 | |
| Profit (loss) carried forward | 14 | €1,894,250 | €64,250 | -€1.8m | -96.6% |
| Provisions and deferred taxes | 16 | €7,983 | €7,983 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,983 | €7,983 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,983 | €7,983 | = | 0.0% |
| Amounts payable | 17/49 | €2,743,590 | €7,445,756 | +€4.7m | +171.4% |
| Amounts payable after more than one year | 17 | €696,446 | €511,740 | -€184,705 | -26.5% |
| Financial debts | 170/4 | €696,446 | €511,740 | -€184,705 | -26.5% |
| Amounts payable within one year | 42/48 | €2,030,479 | €6,888,439 | +€4.9m | +239.3% |
| Current portion of amounts payable after more than one year | 42 | €249,714 | €259,034 | +€9,320 | +3.7% |
| Financial debts | 43 | €373,458 | €225,274 | -€148,184 | -39.7% |
| Credit institutions | 430/8 | €373,458 | €225,274 | -€148,184 | -39.7% |
| Trade debts | 44 | €597,112 | €1,338,037 | +€740,925 | +124.1% |
| Suppliers | 440/4 | €597,112 | €1,338,037 | +€740,925 | +124.1% |
| Advances received on contracts in progress | 46 | - | €2,241,052 | +€2.2m | |
| Taxes, remuneration and social security | 45 | €604,209 | €606,439 | +€2,230 | +0.4% |
| Taxes | 450/3 | €138,594 | €57,076 | -€81,519 | -58.8% |
| Remuneration and social security | 454/9 | €465,615 | €549,364 | +€83,749 | +18.0% |
| Other amounts payable | 47/48 | €205,986 | €2,218,603 | +€2.0m | +977.1% |
| Accrued charges and deferred income | 492/3 | €16,665 | €45,578 | +€28,913 | +173.5% |
| Remuneration, social security and pensions | 62 | €3,727,398 | €4,192,728 | +€465,330 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,206,474 | €1,113,463 | -€93,011 | -7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,568 | €130,545 | +€110,977 | +567.2% |
| Other operating charges | 640/8 | €4,391 | €21,479 | +€17,088 | +389.1% |
| Non-recurring operating charges | 66A | €20,084 | - | -€20,084 | |
| Gross operating margin | 9900 | €5,337,222 | €5,725,531 | +€388,309 | +7.3% |
| Operating profit (loss) | 9901 | €359,307 | €267,317 | -€91,991 | -25.6% |
| Financial income | 75/76B | €827,012 | €900,337 | +€73,325 | +8.9% |
| Recurring financial income | 75 | €827,012 | €900,337 | +€73,325 | +8.9% |
| Financial charges | 65/66B | €131,156 | €141,049 | +€9,893 | +7.5% |
| Recurring financial charges | 65 | €131,156 | €141,049 | +€9,893 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,055,163 | €1,026,604 | -€28,558 | -2.7% |
| Income taxes | 67/77 | €193,167 | €147,096 | -€46,070 | -23.8% |
| Profit (loss) for the period | 9904 | €861,996 | €879,508 | +€17,512 | +2.0% |
| Transfer from tax-exempt reserves | 789 | - | €147,350 | +€147,350 | |
| Transfer to tax-exempt reserves | 689 | €231,550 | - | -€231,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €630,446 | €1,026,858 | +€396,412 | +62.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.