RAD Electrosan: what changed
Two fiscal 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.
RAD Electrosan
Largest movements
- Receivables within one year +€20,654
up €20,654 (+33.9%), from €60,849 to €81,503
of which Other amounts receivable: +€29,872
- Cash +€4,279
up €4,279 (+93.8%), from €4,564 to €8,843
mainly Other debts (+€80,000) and Net result for the year (+€35,124)
- Other debts +€80,000
new in 2025: €80,000
- Profit (loss) carried forward -€44,876
down €44,876 (-97.3%), from €46,104 to €1,228
- Tax, wage and social debts -€6,727
down €6,727 (-42.5%), from €15,840 to €9,113
- Trade debts -€3,464
down €3,464 (-64.9%), from €5,339 to €1,875
- Purchases and services -€70,393
down €70,393 (-26.5%), from €265,678 to €195,285
- Gross operating margin +€41,726
up €41,726 (+958.6%), from €4,353 to €46,079
- Turnover -€28,667
down €28,667 (-10.6%), from €270,031 to €241,364
- Taxes +€8,679
up €8,679 (+856.8%), from €1,013 to €9,692
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.
Cash bridge derived
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 | €70,283 | €95,216 | +€24,933 | +35.5% |
| Fixed assets | 21/28 | €1,278 | €1,278 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,278 | €1,278 | = | 0.0% |
| Plant, machinery and equipment | 23 | €352 | €352 | = | 0.0% |
| Furniture and vehicles | 24 | €926 | €926 | = | 0.0% |
| Current assets | 29/58 | €69,005 | €93,938 | +€24,933 | +36.1% |
| Amounts receivable within one year | 40/41 | €60,849 | €81,503 | +€20,654 | +33.9% |
| Trade receivables | 40 | €31,228 | €22,010 | -€9,218 | -29.5% |
| Other amounts receivable | 41 | €29,621 | €59,493 | +€29,872 | +100.8% |
| Cash at bank and in hand | 54/58 | €4,564 | €8,843 | +€4,279 | +93.8% |
| Deferred charges and accrued income | 490/1 | €3,592 | €3,592 | = | 0.0% |
| Total equity and liabilities | 10/49 | €70,283 | €95,216 | +€24,933 | +35.5% |
| Equity | 10/15 | €49,104 | €4,228 | -€44,876 | -91.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,104 | €1,228 | -€44,876 | -97.3% |
| Amounts payable | 17/49 | €21,179 | €90,988 | +€69,809 | +329.6% |
| Amounts payable within one year | 42/48 | €21,179 | €90,988 | +€69,809 | +329.6% |
| Trade debts | 44 | €5,339 | €1,875 | -€3,464 | -64.9% |
| Suppliers | 440/4 | €5,339 | €1,875 | -€3,464 | -64.9% |
| Taxes, remuneration and social security | 45 | €15,840 | €9,113 | -€6,727 | -42.5% |
| Taxes | 450/3 | €15,840 | €9,113 | -€6,727 | -42.5% |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Turnover | 70 | €270,031 | €241,364 | -€28,667 | -10.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €265,678 | €195,285 | -€70,393 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | - | -€780 | |
| Other operating charges | 640/8 | €1,025 | €1,137 | +€112 | +10.9% |
| Gross operating margin | 9900 | €4,353 | €46,079 | +€41,726 | +958.6% |
| Operating profit (loss) | 9901 | €2,548 | €44,942 | +€42,394 | +1663.8% |
| Financial income | 75/76B | €1,856 | - | -€1,856 | |
| Recurring financial income | 75 | €1,856 | - | -€1,856 | |
| Financial charges | 65/66B | €133 | €126 | -€7 | -5.3% |
| Recurring financial charges | 65 | €133 | €126 | -€7 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €4,271 | €44,816 | +€40,545 | +949.3% |
| Income taxes | 67/77 | €1,013 | €9,692 | +€8,679 | +856.8% |
| Profit (loss) for the period | 9904 | €3,258 | €35,124 | +€31,866 | +978.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,258 | €35,124 | +€31,866 | +978.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.