LAMBUSIM: 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.
LAMBUSIM
Largest movements
- Receivables within one year -€251,322
down €251,322 (-56.9%), from €441,325 to €190,003
of which Other amounts receivable: -€230,786
- Tangible fixed assets -€245,377
down €245,377 (-10.9%), from €2.3m to €2.0m
of which Plant, machinery and equipment: -€135,877
- Cash -€120,901
down €120,901 (-16.1%), from €751,614 to €630,713
mainly Net result for the year (-€704,329) and Short-term financial debts (-€410,090)
- Stocks and contracts -€48,927
down €48,927 (-7.8%), from €624,207 to €575,280
- Profit (loss) carried forward -€704,329
down €704,329 (-149.0%), from -€472,631 to -€1.2m
- Trade debts +€552,015
up €552,015 (+33.6%), from €1.6m to €2.2m
- Short-term financial debts -€410,090
down €410,090 (-91.1%), from €450,000 to €39,910
of which Other loans: -€429,724
- Other debts -€188,338
down €188,338 (-41.8%), from €450,688 to €262,350
- Current portion of long-term debt +€66,891
up €66,891 (+29.4%), from €227,306 to €294,197
- Turnover +€11.7m
new in 2025: €11.7m
- Purchases and services +€11.3m
new in 2025: €11.3m
- Gross operating margin -€552,219
down €552,219 (-41.4%), from €1.3m to €782,637
- Staff costs -€186,609
down €186,609 (-16.4%), from €1.1m to €948,844
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 | €4,522,532 | €3,809,254 | -€713,277 | -15.8% |
| Formation expenses | 20 | €176,424 | €140,087 | -€36,337 | -20.6% |
| Fixed assets | 21/28 | €2,451,201 | €2,171,529 | -€279,672 | -11.4% |
| Intangible fixed assets | 21 | €190,572 | €156,277 | -€34,295 | -18.0% |
| Tangible fixed assets | 22/27 | €2,260,628 | €2,015,252 | -€245,377 | -10.9% |
| Plant, machinery and equipment | 23 | €1,266,974 | €1,131,097 | -€135,877 | -10.7% |
| Furniture and vehicles | 24 | €245,317 | €208,892 | -€36,425 | -14.8% |
| Other tangible fixed assets | 26 | €748,338 | €675,263 | -€73,075 | -9.8% |
| Current assets | 29/58 | €1,894,907 | €1,497,639 | -€397,268 | -21.0% |
| Stocks and contracts in progress | 3 | €624,207 | €575,280 | -€48,927 | -7.8% |
| Stocks | 30/36 | €624,207 | €575,280 | -€48,927 | -7.8% |
| Amounts receivable within one year | 40/41 | €441,325 | €190,003 | -€251,322 | -56.9% |
| Trade receivables | 40 | €192,230 | €171,694 | -€20,536 | -10.7% |
| Other amounts receivable | 41 | €249,095 | €18,309 | -€230,786 | -92.6% |
| Cash at bank and in hand | 54/58 | €751,614 | €630,713 | -€120,901 | -16.1% |
| Deferred charges and accrued income | 490/1 | €77,761 | €101,642 | +€23,882 | +30.7% |
| Total equity and liabilities | 10/49 | €4,522,532 | €3,809,254 | -€713,277 | -15.8% |
| Equity | 10/15 | -€322,631 | -€1,026,960 | -€704,329 | -218.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€472,631 | -€1,176,960 | -€704,329 | -149.0% |
| Amounts payable | 17/49 | €4,845,162 | €4,836,214 | -€8,948 | -0.2% |
| Amounts payable after more than one year | 17 | €1,860,330 | €1,878,441 | +€18,111 | +1.0% |
| Financial debts | 170/4 | €1,860,330 | €1,878,441 | +€18,111 | +1.0% |
| Amounts payable within one year | 42/48 | €2,975,407 | €2,945,612 | -€29,794 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €227,306 | €294,197 | +€66,891 | +29.4% |
| Financial debts | 43 | €450,000 | €39,910 | -€410,090 | -91.1% |
| Credit institutions | 430/8 | - | €19,635 | +€19,635 | |
| Other loans | 439 | €450,000 | €20,276 | -€429,724 | -95.5% |
| Trade debts | 44 | €1,644,337 | €2,196,352 | +€552,015 | +33.6% |
| Suppliers | 440/4 | €1,644,337 | €2,196,352 | +€552,015 | +33.6% |
| Taxes, remuneration and social security | 45 | €203,076 | €152,803 | -€50,273 | -24.8% |
| Taxes | 450/3 | €190 | €2,571 | +€2,381 | +1254.4% |
| Remuneration and social security | 454/9 | €202,886 | €150,232 | -€52,654 | -26.0% |
| Other amounts payable | 47/48 | €450,688 | €262,350 | -€188,338 | -41.8% |
| Accrued charges and deferred income | 492/3 | €9,426 | €12,161 | +€2,735 | +29.0% |
| Turnover | 70 | - | €11,671,713 | +€11.7m | |
| Non-recurring operating income | 76A | €411,048 | €230,760 | -€180,288 | -43.9% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,260,825 | +€11.3m | |
| Remuneration, social security and pensions | 62 | €1,135,453 | €948,844 | -€186,609 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294,241 | €391,376 | +€97,135 | +33.0% |
| Other operating charges | 640/8 | €32,069 | €9,084 | -€22,985 | -71.7% |
| Non-recurring operating charges | 66A | - | €1,921 | +€1,921 | |
| Gross operating margin | 9900 | €1,334,857 | €782,637 | -€552,219 | -41.4% |
| Operating profit (loss) | 9901 | -€126,906 | -€568,587 | -€441,682 | -348.0% |
| Financial income | 75/76B | €3,700 | €11,267 | +€7,568 | +204.5% |
| Recurring financial income | 75 | €3,700 | €11,267 | +€7,568 | +204.5% |
| Financial charges | 65/66B | €155,302 | €146,927 | -€8,374 | -5.4% |
| Recurring financial charges | 65 | €142,097 | €175,622 | +€33,525 | +23.6% |
| Non-recurring financial charges | 66B | €13,205 | -€28,695 | -€41,900 | |
| Profit (loss) for the period before taxes | 9903 | -€278,508 | -€704,248 | -€425,740 | -152.9% |
| Income taxes | 67/77 | €128 | €82 | -€46 | -36.1% |
| Profit (loss) for the period | 9904 | -€278,636 | -€704,329 | -€425,694 | -152.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€278,636 | -€704,329 | -€425,694 | -152.8% |
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 28 September 2026 via checked.be.