AL. RADCO: 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.
AL. RADCO
Largest movements
- Stocks and contracts +€259,200
up €259,200 (+22.7%), from €1.1m to €1.4m
of which Stocks: +€141,250
- Receivables within one year +€67,373
up €67,373 (+3.2%), from €2.1m to €2.2m
of which Trade receivables: +€81,347
- Trade debts +€311,498
up €311,498 (+46.5%), from €669,476 to €980,974
- Gross operating margin +€111,528
up €111,528 (+25.4%), from €438,681 to €550,209
- Staff costs +€84,947
up €84,947 (+23.1%), from €367,969 to €452,916
- Write-downs +€11,201
up €11,201 (+40.9%), from €27,354 to €38,555
- Other operating charges +€6,818
up €6,818 (+500%), from €1,364 to €8,182
- Financial charges +€6,357
up €6,357 (+19.6%), from €32,465 to €38,822
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,498,601 | €3,843,755 | +€345,154 | +9.9% |
| Fixed assets | 21/28 | €7,668 | €33,812 | +€26,144 | +341% |
| Tangible fixed assets | 22/27 | €7,668 | €33,812 | +€26,144 | +341% |
| Furniture and vehicles | 24 | €7,668 | €2,900 | -€4,768 | -62.2% |
| Other tangible fixed assets | 26 | - | €30,912 | +€30,912 | |
| Current assets | 29/58 | €3,490,933 | €3,809,943 | +€319,011 | +9.1% |
| Stocks and contracts in progress | 3 | €1,144,181 | €1,403,381 | +€259,200 | +22.7% |
| Stocks | 30/36 | €930,250 | €1,071,500 | +€141,250 | +15.2% |
| Contracts in progress | 37 | €213,931 | €331,881 | +€117,950 | +55.1% |
| Amounts receivable within one year | 40/41 | €2,129,603 | €2,196,976 | +€67,373 | +3.2% |
| Trade receivables | 40 | €2,093,017 | €2,174,364 | +€81,347 | +3.9% |
| Other amounts receivable | 41 | €36,586 | €22,612 | -€13,974 | -38.2% |
| Cash at bank and in hand | 54/58 | €212,416 | €205,243 | -€7,174 | -3.4% |
| Deferred charges and accrued income | 490/1 | €4,732 | €4,344 | -€389 | -8.2% |
| Total equity and liabilities | 10/49 | €3,498,601 | €3,843,755 | +€345,154 | +9.9% |
| Equity | 10/15 | €335,990 | €340,545 | +€4,555 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €315,530 | €320,085 | +€4,555 | +1.4% |
| Amounts payable | 17/49 | €3,162,610 | €3,503,210 | +€340,600 | +10.8% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,092,610 | €3,433,210 | +€340,600 | +11.0% |
| Trade debts | 44 | €669,476 | €980,974 | +€311,498 | +46.5% |
| Suppliers | 440/4 | €669,476 | €980,974 | +€311,498 | +46.5% |
| Taxes, remuneration and social security | 45 | €38,078 | €47,613 | +€9,535 | +25.0% |
| Taxes | 450/3 | €3,014 | €13,830 | +€10,815 | +359% |
| Remuneration and social security | 454/9 | €35,063 | €33,783 | -€1,280 | -3.7% |
| Other amounts payable | 47/48 | €2,385,056 | €2,404,624 | +€19,567 | +0.8% |
| Remuneration, social security and pensions | 62 | €367,969 | €452,916 | +€84,947 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,997 | €4,946 | +€949 | +23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,354 | €38,555 | +€11,201 | +40.9% |
| Other operating charges | 640/8 | €1,364 | €8,182 | +€6,818 | +500% |
| Gross operating margin | 9900 | €438,681 | €550,209 | +€111,528 | +25.4% |
| Operating profit (loss) | 9901 | €37,996 | €45,610 | +€7,614 | +20.0% |
| Financial income | 75/76B | €9 | €58 | +€49 | +522% |
| Recurring financial income | 75 | €9 | €58 | +€49 | +522% |
| Financial charges | 65/66B | €32,465 | €38,822 | +€6,357 | +19.6% |
| Recurring financial charges | 65 | €32,465 | €38,822 | +€6,357 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €5,540 | €6,846 | +€1,305 | +23.6% |
| Income taxes | 67/77 | €2,419 | €2,291 | -€128 | -5.3% |
| Profit (loss) for the period | 9904 | €3,121 | €4,555 | +€1,433 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,121 | €4,555 | +€1,433 | +45.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.