RAD LAB: 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 LAB
Largest movements
- Cash -€2,211
down €2,211 (-72.0%), from €3,073 to €862
mainly Net result for the year (-€7,733) and Tax, wage and social debts (-€87)
- Intangible fixed assets -€966
down €966 (-35.5%), from €2,719 to €1,753
- Tangible fixed assets -€516
down €516 (-100.0%), from €516 to €0
- Receivables within one year -€409
down €409 (-89.9%), from €455 to €46
- Profit (loss) carried forward -€7,733
down €7,733 (-8.3%), from -€93,485 to -€101,219
- Other debts +€3,371
new in 2025: €3,371
- Accrued charges and deferred income +€352
up €352 (+587.4%), from €60 to €412
- Tax, wage and social debts -€87
down €87 (-100.0%), from €87 to €0
of which Taxes: -€87
- Gross operating margin +€4,357
up €4,357 (+45.3%), from -€9,628 to -€5,271
- Staff costs -€4,009
down €4,009 (-100.0%), from €4,009 to €0
- Other operating charges +€292
up €292 (+122.3%), from €239 to €530
- Financial charges +€130
up €130 (+40.6%), from €320 to €450
- Depreciation -€104
down €104 (-6.6%), from €1,586 to €1,482
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 | €6,762 | €2,660 | -€4,102 | -60.7% |
| Fixed assets | 21/28 | €3,234 | €1,753 | -€1,482 | -45.8% |
| Intangible fixed assets | 21 | €2,719 | €1,753 | -€966 | -35.5% |
| Tangible fixed assets | 22/27 | €516 | €0 | -€516 | -100.0% |
| Plant, machinery and equipment | 23 | €516 | €0 | -€516 | -100.0% |
| Current assets | 29/58 | €3,528 | €908 | -€2,620 | -74.3% |
| Amounts receivable within one year | 40/41 | €455 | €46 | -€409 | -89.9% |
| Other amounts receivable | 41 | €455 | €46 | -€409 | -89.9% |
| Cash at bank and in hand | 54/58 | €3,073 | €862 | -€2,211 | -72.0% |
| Total equity and liabilities | 10/49 | €6,762 | €2,660 | -€4,102 | -60.7% |
| Equity | 10/15 | €6,515 | -€1,219 | -€7,733 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,485 | -€101,219 | -€7,733 | -8.3% |
| Amounts payable | 17/49 | €247 | €3,879 | +€3,632 | +1468.0% |
| Amounts payable within one year | 42/48 | €187 | €3,467 | +€3,279 | +1749.8% |
| Trade debts | 44 | €101 | €95 | -€6 | -5.6% |
| Suppliers | 440/4 | €101 | €95 | -€6 | -5.6% |
| Taxes, remuneration and social security | 45 | €87 | €0 | -€87 | -100.0% |
| Taxes | 450/3 | €87 | €0 | -€87 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €3,371 | +€3,371 | |
| Accrued charges and deferred income | 492/3 | €60 | €412 | +€352 | +587.4% |
| Remuneration, social security and pensions | 62 | €4,009 | €0 | -€4,009 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,586 | €1,482 | -€104 | -6.6% |
| Other operating charges | 640/8 | €239 | €530 | +€292 | +122.3% |
| Gross operating margin | 9900 | -€9,628 | -€5,271 | +€4,357 | +45.3% |
| Operating profit (loss) | 9901 | -€15,461 | -€7,283 | +€8,178 | +52.9% |
| Financial charges | 65/66B | €320 | €450 | +€130 | +40.6% |
| Recurring financial charges | 65 | €320 | €450 | +€130 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,781 | -€7,733 | +€8,048 | +51.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€15,781 | -€7,733 | +€8,048 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,781 | -€7,733 | +€8,048 | +51.0% |
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 7 October 2026 via checked.be.