RAADSYO: 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.
RAADSYO
Largest movements
- Receivables within one year +€9,286
up €9,286 (+4.2%), from €220,325 to €229,611
of which Other amounts receivable: +€7,108
- Tangible fixed assets -€5,483
down €5,483 (-35.0%), from €15,666 to €10,183
of which Other tangible fixed assets: -€3,628
- Reserves +€7,263
up €7,263 (+7.1%), from €102,557 to €109,820
of which Distributable reserves: +€7,263
- Tax, wage and social debts -€3,253
down €3,253 (-25.1%), from €12,969 to €9,716
- Gross operating margin +€11,101
up €11,101 (+121%), from €9,209 to €20,310
- Taxes +€3,551
up €3,551 (+143%), from €2,490 to €6,040
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 | €248,101 | €251,562 | +€3,461 | +1.4% |
| Fixed assets | 21/28 | €18,966 | €13,483 | -€5,483 | -28.9% |
| Tangible fixed assets | 22/27 | €15,666 | €10,183 | -€5,483 | -35.0% |
| Land and buildings | 22 | €1,348 | €674 | -€674 | -50.0% |
| Furniture and vehicles | 24 | €1,912 | €732 | -€1,180 | -61.7% |
| Other tangible fixed assets | 26 | €12,406 | €8,777 | -€3,628 | -29.2% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €229,135 | €238,079 | +€8,944 | +3.9% |
| Amounts receivable within one year | 40/41 | €220,325 | €229,611 | +€9,286 | +4.2% |
| Trade receivables | 40 | €1,711 | €3,889 | +€2,178 | +127% |
| Other amounts receivable | 41 | €218,614 | €225,722 | +€7,108 | +3.3% |
| Cash at bank and in hand | 54/58 | €8,095 | €7,663 | -€432 | -5.3% |
| Deferred charges and accrued income | 490/1 | €716 | €805 | +€89 | +12.5% |
| Total equity and liabilities | 10/49 | €248,101 | €251,562 | +€3,461 | +1.4% |
| Equity | 10/15 | €232,768 | €240,030 | +€7,263 | +3.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €102,557 | €109,820 | +€7,263 | +7.1% |
| Tax-exempt reserves | 132 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €96,057 | €103,320 | +€7,263 | +7.6% |
| Profit (loss) carried forward | 14 | €105,421 | €105,421 | = | 0.0% |
| Amounts payable | 17/49 | €15,334 | €11,532 | -€3,802 | -24.8% |
| Amounts payable within one year | 42/48 | €15,334 | €11,532 | -€3,802 | -24.8% |
| Trade debts | 44 | €2,365 | €1,816 | -€548 | -23.2% |
| Suppliers | 440/4 | €2,365 | €1,816 | -€548 | -23.2% |
| Taxes, remuneration and social security | 45 | €12,969 | €9,716 | -€3,253 | -25.1% |
| Taxes | 450/3 | €12,969 | €9,716 | -€3,253 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,483 | €5,483 | = | 0.0% |
| Other operating charges | 640/8 | €958 | €1,044 | +€86 | +9.0% |
| Gross operating margin | 9900 | €9,209 | €20,310 | +€11,101 | +121% |
| Operating profit (loss) | 9901 | €2,768 | €13,784 | +€11,015 | +398% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €350 | €480 | +€130 | +37.2% |
| Recurring financial charges | 65 | €350 | €480 | +€130 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €2,468 | €13,303 | +€10,835 | +439% |
| Income taxes | 67/77 | €2,490 | €6,040 | +€3,551 | +143% |
| Profit (loss) for the period | 9904 | -€22 | €7,263 | +€7,284 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22 | €7,263 | +€7,284 |
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.