MENUISERIE RADART: 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.
MENUISERIE RADART
Largest movements
- Tangible fixed assets +€39,325
up €39,325 (+22.6%), from €173,766 to €213,090
of which Furniture and vehicles: +€74,582
- Stocks and contracts -€13,304
down €13,304 (-13.9%), from €95,801 to €82,497
- Receivables within one year -€10,623
down €10,623 (-58.0%), from €18,319 to €7,695
of which Trade receivables: -€11,094
- Deferred charges and accrued income +€6,905
up €6,905 (+54.9%), from €12,573 to €19,478
- Debts after one year -€26,456
down €26,456 (-22.4%), from €117,990 to €91,534
- Trade debts +€22,243
up €22,243 (+46.8%), from €47,504 to €69,747
- Tax, wage and social debts +€16,411
up €16,411 (+156%), from €10,537 to €26,948
of which Remuneration and social security: +€16,134
- Other debts +€10,582
up €10,582 (+2,889%), from €366 to €10,948
- Gross operating margin +€39,784
up €39,784 (+19.1%), from €208,230 to €248,014
- Staff costs +€36,949
up €36,949 (+25.5%), from €144,762 to €181,711
- Depreciation +€6,519
up €6,519 (+17.4%), from €37,440 to €43,959
- Other operating charges +€2,518
up €2,518 (+43.5%), from €5,790 to €8,308
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 | €401,891 | €426,901 | +€25,010 | +6.2% |
| Fixed assets | 21/28 | €173,766 | €213,090 | +€39,325 | +22.6% |
| Tangible fixed assets | 22/27 | €173,766 | €213,090 | +€39,325 | +22.6% |
| Land and buildings | 22 | €22,877 | €18,229 | -€4,648 | -20.3% |
| Plant, machinery and equipment | 23 | €5,848 | €3,543 | -€2,304 | -39.4% |
| Furniture and vehicles | 24 | €1,893 | €76,474 | +€74,582 | +3,940% |
| Leasing and similar rights | 25 | €143,148 | €114,843 | -€28,304 | -19.8% |
| Current assets | 29/58 | €228,125 | €213,810 | -€14,315 | -6.3% |
| Stocks and contracts in progress | 3 | €95,801 | €82,497 | -€13,304 | -13.9% |
| Stocks | 30/36 | €95,801 | €82,497 | -€13,304 | -13.9% |
| Amounts receivable within one year | 40/41 | €18,319 | €7,695 | -€10,623 | -58.0% |
| Trade receivables | 40 | €11,094 | - | -€11,094 | |
| Other amounts receivable | 41 | €7,225 | €7,695 | +€470 | +6.5% |
| Cash at bank and in hand | 54/58 | €101,433 | €104,140 | +€2,707 | +2.7% |
| Deferred charges and accrued income | 490/1 | €12,573 | €19,478 | +€6,905 | +54.9% |
| Total equity and liabilities | 10/49 | €401,891 | €426,901 | +€25,010 | +6.2% |
| Equity | 10/15 | €200,192 | €201,267 | +€1,075 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,437 | €77,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €71,187 | €71,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,155 | €105,231 | +€1,075 | +1.0% |
| Amounts payable | 17/49 | €201,699 | €225,633 | +€23,935 | +11.9% |
| Amounts payable after more than one year | 17 | €117,990 | €91,534 | -€26,456 | -22.4% |
| Financial debts | 170/4 | €117,990 | €91,534 | -€26,456 | -22.4% |
| Amounts payable within one year | 42/48 | €83,708 | €134,099 | +€50,391 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €25,302 | €26,456 | +€1,155 | +4.6% |
| Trade debts | 44 | €47,504 | €69,747 | +€22,243 | +46.8% |
| Suppliers | 440/4 | €47,504 | €69,747 | +€22,243 | +46.8% |
| Taxes, remuneration and social security | 45 | €10,537 | €26,948 | +€16,411 | +156% |
| Taxes | 450/3 | €4,415 | €4,692 | +€277 | +6.3% |
| Remuneration and social security | 454/9 | €6,122 | €22,256 | +€16,134 | +264% |
| Other amounts payable | 47/48 | €366 | €10,948 | +€10,582 | +2,889% |
| Remuneration, social security and pensions | 62 | €144,762 | €181,711 | +€36,949 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,440 | €43,959 | +€6,519 | +17.4% |
| Other operating charges | 640/8 | €5,790 | €8,308 | +€2,518 | +43.5% |
| Non-recurring operating charges | 66A | €6,138 | - | -€6,138 | |
| Gross operating margin | 9900 | €208,230 | €248,014 | +€39,784 | +19.1% |
| Operating profit (loss) | 9901 | €14,100 | €14,036 | -€64 | -0.5% |
| Financial income | 75/76B | €2,163 | €1,509 | -€654 | -30.2% |
| Recurring financial income | 75 | €2,163 | €1,509 | -€654 | -30.2% |
| Financial charges | 65/66B | €10,684 | €10,973 | +€289 | +2.7% |
| Recurring financial charges | 65 | €10,684 | €10,973 | +€289 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €5,578 | €4,572 | -€1,006 | -18.0% |
| Income taxes | 67/77 | €3,477 | €3,497 | +€19 | +0.6% |
| Profit (loss) for the period | 9904 | €2,101 | €1,075 | -€1,026 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,101 | €1,075 | -€1,026 | -48.8% |
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 27 October 2026 via checked.be.