maRadio.be: 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.
maRadio.be
Largest movements
- Cash -€37,963
down €37,963 (-15.0%), from €253,387 to €215,425
mainly Short-term financial debts (-€100,000) and Deferred charges and accrued income (-€13,262)
- Receivables within one year -€25,132
down €25,132 (-11.2%), from €225,139 to €200,007
of which Trade receivables: -€25,098
- Deferred charges and accrued income +€13,262
up €13,262 (+1,421%), from €933 to €14,195
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Trade debts +€49,804
up €49,804 (+28.6%), from €174,045 to €223,849
- Purchases and services -€64,951
down €64,951 (-10.0%), from €650,608 to €585,657
- Gross operating margin +€11,115
up €11,115 (+8.6%), from €129,724 to €140,838
- Turnover +€9,175
up €9,175 (+3.3%), from €278,974 to €288,149
- Staff costs +€7,905
up €7,905 (+6.5%), from €121,080 to €128,986
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 | €480,863 | €429,627 | -€51,236 | -10.7% |
| Fixed assets | 21/28 | €1,403 | €0 | -€1,403 | -100% |
| Tangible fixed assets | 22/27 | €1,403 | €0 | -€1,403 | -100% |
| Furniture and vehicles | 24 | €1,403 | €0 | -€1,403 | -100% |
| Current assets | 29/58 | €479,460 | €429,627 | -€49,833 | -10.4% |
| Amounts receivable within one year | 40/41 | €225,139 | €200,007 | -€25,132 | -11.2% |
| Trade receivables | 40 | €201,512 | €176,414 | -€25,098 | -12.5% |
| Other amounts receivable | 41 | €23,627 | €23,593 | -€34 | -0.1% |
| Cash at bank and in hand | 54/58 | €253,387 | €215,425 | -€37,963 | -15.0% |
| Deferred charges and accrued income | 490/1 | €933 | €14,195 | +€13,262 | +1,421% |
| Total equity and liabilities | 10/49 | €480,863 | €429,627 | -€51,236 | -10.7% |
| Equity | 10/15 | €47,056 | €46,974 | -€82 | -0.2% |
| Contributions | 10/11 | €52,250 | €52,400 | +€150 | +0.3% |
| Profit (loss) carried forward | 14 | -€5,194 | -€5,426 | -€232 | -4.5% |
| Amounts payable | 17/49 | €433,806 | €382,653 | -€51,153 | -11.8% |
| Amounts payable within one year | 42/48 | €290,706 | €241,076 | -€49,630 | -17.1% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Other loans | 439 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €174,045 | €223,849 | +€49,804 | +28.6% |
| Suppliers | 440/4 | €174,045 | €223,849 | +€49,804 | +28.6% |
| Taxes, remuneration and social security | 45 | €16,661 | €17,228 | +€567 | +3.4% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €16,661 | €17,228 | +€567 | +3.4% |
| Accrued charges and deferred income | 492/3 | €143,100 | €141,577 | -€1,524 | -1.1% |
| Turnover | 70 | €278,974 | €288,149 | +€9,175 | +3.3% |
| Non-recurring operating income | 76A | €1,211 | - | -€1,211 | |
| Goods, raw materials, services and sundry goods | 60/61 | €650,608 | €585,657 | -€64,951 | -10.0% |
| Remuneration, social security and pensions | 62 | €121,080 | €128,986 | +€7,905 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,403 | €1,403 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €189 | +€189 | |
| Other operating charges | 640/8 | €4,022 | €5,192 | +€1,170 | +29.1% |
| Gross operating margin | 9900 | €129,724 | €140,838 | +€11,115 | +8.6% |
| Operating profit (loss) | 9901 | €3,219 | €5,069 | +€1,850 | +57.5% |
| Financial charges | 65/66B | €3,519 | €5,301 | +€1,783 | +50.7% |
| Recurring financial charges | 65 | €3,519 | €5,301 | +€1,783 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | -€299 | -€232 | +€67 | +22.5% |
| Profit (loss) for the period | 9904 | -€299 | -€232 | +€67 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€299 | -€232 | +€67 | +22.5% |
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 26 October 2026 via checked.be.