R.A.D. Consult: 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.
R.A.D. Consult
Largest movements
- Receivables within one year +€10,519
up €10,519 (+4,438%), from €237 to €10,756
of which Trade receivables: +€10,756
- Cash +€7,546
up €7,546 (+430%), from €1,756 to €9,302
mainly Net result for the year (+€13,567) and Tax, wage and social debts (+€8,408)
- Intangible fixed assets +€2,947
new in 2025: €2,947
- Deferred charges and accrued income +€1,310
new in 2025: €1,310
- Tangible fixed assets +€948
new in 2025: €948
- Reserves +€11,330
new in 2025: €11,330
- Tax, wage and social debts +€8,408
new in 2025: €8,408
- Profit (loss) carried forward +€2,237
up €2,237, from -€2,237 to €0
- Trade debts +€695
up €695 (+424%), from €164 to €859
- Other debts +€600
new in 2025: €600
- Gross operating margin +€19,215
up €19,215, from -€954 to €18,261
- Taxes +€3,509
new in 2025: €3,509
- Purchases and services -€954
no longer reported in 2025 (was €954)
- Financial charges +€572
new in 2025: €572
- Depreciation +€322
new in 2025: €322
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 | €1,993 | €25,264 | +€23,271 | +1,168% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €3,896 | +€3,896 | |
| Intangible fixed assets | 21 | - | €2,947 | +€2,947 | |
| Tangible fixed assets | 22/27 | - | €948 | +€948 | |
| Furniture and vehicles | 24 | - | €948 | +€948 | |
| Current assets | 29/58 | €1,993 | €21,368 | +€19,375 | +972% |
| Amounts receivable within one year | 40/41 | €237 | €10,756 | +€10,519 | +4,438% |
| Trade receivables | 40 | - | €10,756 | +€10,756 | |
| Other amounts receivable | 41 | €237 | - | -€237 | |
| Cash at bank and in hand | 54/58 | €1,756 | €9,302 | +€7,546 | +430% |
| Deferred charges and accrued income | 490/1 | - | €1,310 | +€1,310 | |
| Total equity and liabilities | 10/49 | €1,993 | €25,264 | +€23,271 | +1,168% |
| Equity | 10/15 | €1,763 | €15,330 | +€13,567 | +770% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €11,330 | +€11,330 | |
| Distributable reserves | 133 | - | €11,330 | +€11,330 | |
| Profit (loss) carried forward | 14 | -€2,237 | €0 | +€2,237 | |
| Amounts payable | 17/49 | €230 | €9,934 | +€9,704 | +4,219% |
| Amounts payable within one year | 42/48 | €164 | €9,867 | +€9,703 | +5,917% |
| Trade debts | 44 | €164 | €859 | +€695 | +424% |
| Suppliers | 440/4 | €164 | €859 | +€695 | +424% |
| Taxes, remuneration and social security | 45 | - | €8,408 | +€8,408 | |
| Taxes | 450/3 | - | €8,408 | +€8,408 | |
| Other amounts payable | 47/48 | - | €600 | +€600 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +1.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €954 | - | -€954 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €322 | +€322 | |
| Other operating charges | 640/8 | €221 | €292 | +€71 | +32.0% |
| Non-recurring operating charges | 66A | €1,062 | - | -€1,062 | |
| Gross operating margin | 9900 | -€954 | €18,261 | +€19,215 | |
| Operating profit (loss) | 9901 | -€2,237 | €17,648 | +€19,885 | |
| Financial charges | 65/66B | - | €572 | +€572 | |
| Recurring financial charges | 65 | - | €572 | +€572 | |
| Profit (loss) for the period before taxes | 9903 | -€2,237 | €17,076 | +€19,313 | |
| Income taxes | 67/77 | - | €3,509 | +€3,509 | |
| Profit (loss) for the period | 9904 | -€2,237 | €13,567 | +€15,804 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,237 | €13,567 | +€15,804 |
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 15 October 2026 via checked.be.