OPTIMIZED RADIOCHEMICAL APPLICATIONS: 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.
OPTIMIZED RADIOCHEMICAL APPLICATIONS
Largest movements
- Cash +€1.5m
up €1.5m (+261%), from €590,941 to €2.1m
mainly Current investments (+€1.4m) and Trade debts (+€561,196)
- Current investments -€1.4m
no longer reported in 2024 (was €1.4m)
- Receivables after one year +€1.1m
new in 2024: €1.1m
- Stocks and contracts -€454,448
down €454,448 (-22.1%), from €2.1m to €1.6m
- Receivables within one year -€316,751
down €316,751 (-17.7%), from €1.8m to €1.5m
of which Trade receivables: -€159,906
- Trade debts +€561,196
up €561,196 (+75.1%), from €747,375 to €1.3m
- Profit (loss) carried forward +€413,433
up €413,433 (+14.6%), from €2.8m to €3.2m
- Advances received -€317,777
down €317,777 (-37.7%), from €842,461 to €524,684
- Debts after one year -€127,314
down €127,314 (-56.6%), from €224,907 to €97,594
- Tax, wage and social debts -€84,570
down €84,570 (-47.5%), from €178,014 to €93,444
of which Taxes: -€89,179
- Gross operating margin -€278,360
down €278,360 (-17.0%), from €1.6m to €1.4m
- Write-downs +€73,227
up €73,227, from -€68,860 to €4,368
- Other operating charges -€67,822
down €67,822 (-92.3%), from €73,508 to €5,686
- Financial income +€63,191
up €63,191 (+288%), from €21,931 to €85,122
of which Financial income: +€53,248
From the 2023 result to the 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,962,393 | €6,429,778 | +€467,385 | +7.8% |
| Fixed assets | 21/28 | €94,781 | €90,986 | -€3,794 | -4.0% |
| Intangible fixed assets | 21 | €21,108 | €22,327 | +€1,219 | +5.8% |
| Tangible fixed assets | 22/27 | €62,348 | €47,391 | -€14,957 | -24.0% |
| Furniture and vehicles | 24 | €62,348 | €47,391 | -€14,957 | -24.0% |
| Financial fixed assets | 28 | €11,325 | €21,269 | +€9,944 | +87.8% |
| Current assets | 29/58 | €5,867,613 | €6,338,792 | +€471,179 | +8.0% |
| Amounts receivable after more than one year | 29 | - | €1,069,114 | +€1.1m | |
| Other amounts receivable | 291 | - | €1,069,114 | +€1.1m | |
| Stocks and contracts in progress | 3 | €2,052,429 | €1,597,980 | -€454,448 | -22.1% |
| Stocks | 30/36 | €2,052,429 | €1,597,980 | -€454,448 | -22.1% |
| Amounts receivable within one year | 40/41 | €1,785,355 | €1,468,604 | -€316,751 | -17.7% |
| Trade receivables | 40 | €1,400,120 | €1,240,214 | -€159,906 | -11.4% |
| Other amounts receivable | 41 | €385,235 | €228,390 | -€156,845 | -40.7% |
| Current investments | 50/53 | €1,400,000 | - | -€1.4m | |
| Cash at bank and in hand | 54/58 | €590,941 | €2,130,444 | +€1.5m | +261% |
| Deferred charges and accrued income | 490/1 | €38,889 | €72,650 | +€33,761 | +86.8% |
| Total equity and liabilities | 10/49 | €5,962,393 | €6,429,778 | +€467,385 | +7.8% |
| Equity | 10/15 | €3,539,285 | €3,952,718 | +€413,433 | +11.7% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €675,000 | €675,000 | = | 0.0% |
| Distributable reserves | 133 | €675,000 | €675,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,831,285 | €3,244,718 | +€413,433 | +14.6% |
| Amounts payable | 17/49 | €2,423,108 | €2,477,060 | +€53,952 | +2.2% |
| Amounts payable after more than one year | 17 | €224,907 | €97,594 | -€127,314 | -56.6% |
| Financial debts | 170/4 | €224,907 | €97,594 | -€127,314 | -56.6% |
| Amounts payable within one year | 42/48 | €1,906,810 | €2,067,529 | +€160,719 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €124,174 | €127,314 | +€3,140 | +2.5% |
| Trade debts | 44 | €747,375 | €1,308,571 | +€561,196 | +75.1% |
| Suppliers | 440/4 | €747,375 | €1,308,571 | +€561,196 | +75.1% |
| Advances received on contracts in progress | 46 | €842,461 | €524,684 | -€317,777 | -37.7% |
| Taxes, remuneration and social security | 45 | €178,014 | €93,444 | -€84,570 | -47.5% |
| Taxes | 450/3 | €90,105 | €926 | -€89,179 | -99.0% |
| Remuneration and social security | 454/9 | €87,910 | €92,519 | +€4,609 | +5.2% |
| Other amounts payable | 47/48 | €14,786 | €13,517 | -€1,269 | -8.6% |
| Accrued charges and deferred income | 492/3 | €291,391 | €311,938 | +€20,546 | +7.1% |
| Remuneration, social security and pensions | 62 | €841,401 | €850,102 | +€8,701 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,051 | €17,137 | -€914 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€68,860 | €4,368 | +€73,227 | |
| Other operating charges | 640/8 | €73,508 | €5,686 | -€67,822 | -92.3% |
| Gross operating margin | 9900 | €1,639,920 | €1,361,560 | -€278,360 | -17.0% |
| Operating profit (loss) | 9901 | €775,819 | €484,267 | -€291,552 | -37.6% |
| Financial income | 75/76B | €21,931 | €85,122 | +€63,191 | +288% |
| Recurring financial income | 75 | €21,931 | €75,178 | +€53,248 | +243% |
| Non-recurring financial income | 76B | - | €9,944 | +€9,944 | |
| Financial charges | 65/66B | €16,021 | €17,723 | +€1,702 | +10.6% |
| Recurring financial charges | 65 | €16,021 | €17,723 | +€1,702 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €781,728 | €551,666 | -€230,063 | -29.4% |
| Income taxes | 67/77 | €129,576 | €138,233 | +€8,657 | +6.7% |
| Profit (loss) for the period | 9904 | €652,152 | €413,433 | -€238,719 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €652,152 | €413,433 | -€238,719 | -36.6% |
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 15 October 2026 via checked.be.