RADAR ARCHITECTEN: 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.
RADAR ARCHITECTEN
Largest movements
- Tangible fixed assets -€242,027
down €242,027 (-98.7%), from €245,152 to €3,125
of which Land and buildings: -€239,384
- Cash +€227,560
up €227,560 (+5097.8%), from €4,464 to €232,024
mainly Investment in fixed assets (net) (+€258,982) and Receivables within one year (+€73,406)
- Receivables within one year -€73,406
down €73,406 (-93.9%), from €78,139 to €4,734
of which Trade receivables: -€75,988
- Financial fixed assets -€16,955
no longer reported in 2024 (was €16,955)
- Debts after one year -€105,922
no longer reported in 2024 (was €105,922)
- Trade debts +€22,029
up €22,029 (+920.0%), from €2,394 to €24,423
- Current portion of long-term debt -€19,091
no longer reported in 2024 (was €19,091)
- Profit (loss) carried forward -€4,427
down €4,427 (-6.7%), from -€66,274 to -€70,701
- Gross operating margin +€37,126
up €37,126, from -€32,922 to €4,203
- Depreciation -€27,455
no longer reported in 2024 (was €27,455)
- Financial charges -€3,609
down €3,609 (-61.3%), from €5,886 to €2,276
- Taxes -€1,327
no longer reported in 2024 (was €1,327)
- Other operating charges +€588
up €588 (+10.2%), from €5,766 to €6,354
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.
Cash bridge derived
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 | €347,294 | €239,882 | -€107,411 | -30.9% |
| Fixed assets | 21/28 | €262,107 | €3,125 | -€258,982 | -98.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €245,152 | €3,125 | -€242,027 | -98.7% |
| Land and buildings | 22 | €242,509 | €3,125 | -€239,384 | -98.7% |
| Plant, machinery and equipment | 23 | €356 | - | -€356 | |
| Furniture and vehicles | 24 | €2,287 | - | -€2,287 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €16,955 | - | -€16,955 | |
| Current assets | 29/58 | €85,186 | €236,757 | +€151,571 | +177.9% |
| Amounts receivable within one year | 40/41 | €78,139 | €4,734 | -€73,406 | -93.9% |
| Trade receivables | 40 | €75,988 | - | -€75,988 | |
| Other amounts receivable | 41 | €2,151 | €4,734 | +€2,582 | +120.0% |
| Cash at bank and in hand | 54/58 | €4,464 | €232,024 | +€227,560 | +5097.8% |
| Deferred charges and accrued income | 490/1 | €2,583 | - | -€2,583 | |
| Total equity and liabilities | 10/49 | €347,294 | €239,882 | -€107,411 | -30.9% |
| Equity | 10/15 | €219,886 | €215,459 | -€4,427 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €267,560 | €267,560 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €265,700 | €265,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,274 | -€70,701 | -€4,427 | -6.7% |
| Amounts payable | 17/49 | €127,407 | €24,423 | -€102,984 | -80.8% |
| Amounts payable after more than one year | 17 | €105,922 | - | -€105,922 | |
| Financial debts | 170/4 | €105,922 | - | -€105,922 | |
| Amounts payable within one year | 42/48 | €21,486 | €24,423 | +€2,937 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €19,091 | - | -€19,091 | |
| Trade debts | 44 | €2,394 | €24,423 | +€22,029 | +920.0% |
| Suppliers | 440/4 | €2,394 | €24,423 | +€22,029 | +920.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,455 | - | -€27,455 | |
| Other operating charges | 640/8 | €5,766 | €6,354 | +€588 | +10.2% |
| Gross operating margin | 9900 | -€32,922 | €4,203 | +€37,126 | |
| Operating profit (loss) | 9901 | -€66,144 | -€2,151 | +€63,993 | +96.7% |
| Financial charges | 65/66B | €5,886 | €2,276 | -€3,609 | -61.3% |
| Recurring financial charges | 65 | €5,886 | €2,276 | -€3,609 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | -€72,029 | -€4,427 | +€67,602 | +93.9% |
| Income taxes | 67/77 | €1,327 | - | -€1,327 | |
| Profit (loss) for the period | 9904 | -€73,356 | -€4,427 | +€68,929 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,356 | -€4,427 | +€68,929 | +94.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.