RADDIX: 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.
RADDIX
Largest movements
- Cash +€40,131
up €40,131 (+19.3%), from €207,484 to €247,615
mainly Depreciation (+€35,900) and Receivables within one year (+€15,868)
- Tangible fixed assets -€34,046
down €34,046 (-7.1%), from €481,258 to €447,212
of which Land and buildings: -€36,055
- Receivables within one year -€15,868
down €15,868 (-42.7%), from €37,183 to €21,315
of which Other amounts receivable: -€18,455
- Current portion of long-term debt -€18,069
no longer reported in 2025 (was €18,069)
- Reserves +€8,600
up €8,600 (+1.7%), from €507,579 to €516,179
- Gross operating margin +€40,517
up €40,517 (+238.2%), from €17,006 to €57,523
- Depreciation +€3,035
up €3,035 (+9.2%), from €32,865 to €35,900
- Financial income -€1,525
down €1,525 (-67.4%), from €2,261 to €736
- Taxes +€864
up €864 (+619.2%), from €140 to €1,003
- Other operating charges -€673
down €673 (-5.8%), from €11,659 to €10,986
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 | €725,925 | €717,339 | -€8,586 | -1.2% |
| Fixed assets | 21/28 | €481,258 | €447,212 | -€34,046 | -7.1% |
| Tangible fixed assets | 22/27 | €481,258 | €447,212 | -€34,046 | -7.1% |
| Land and buildings | 22 | €481,258 | €445,204 | -€36,055 | -7.5% |
| Furniture and vehicles | 24 | - | €2,008 | +€2,008 | |
| Current assets | 29/58 | €244,667 | €270,127 | +€25,460 | +10.4% |
| Stocks and contracts in progress | 3 | - | €1,197 | +€1,197 | |
| Stocks | 30/36 | - | €1,197 | +€1,197 | |
| Amounts receivable within one year | 40/41 | €37,183 | €21,315 | -€15,868 | -42.7% |
| Trade receivables | 40 | €7,498 | €10,085 | +€2,587 | +34.5% |
| Other amounts receivable | 41 | €29,684 | €11,230 | -€18,455 | -62.2% |
| Cash at bank and in hand | 54/58 | €207,484 | €247,615 | +€40,131 | +19.3% |
| Total equity and liabilities | 10/49 | €725,925 | €717,339 | -€8,586 | -1.2% |
| Equity | 10/15 | €657,109 | €665,779 | +€8,670 | +1.3% |
| Contributions | 10/11 | €101,793 | €101,793 | = | 0.0% |
| Reserves | 13 | €507,579 | €516,179 | +€8,600 | +1.7% |
| Distributable reserves | 133 | €507,579 | €516,179 | +€8,600 | +1.7% |
| Profit (loss) carried forward | 14 | €47,737 | €47,807 | +€70 | +0.1% |
| Provisions and deferred taxes | 16 | €42,348 | €42,348 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €42,348 | €42,348 | = | 0.0% |
| Other liabilities and charges | 164/5 | €42,348 | €42,348 | = | 0.0% |
| Amounts payable | 17/49 | €26,468 | €9,212 | -€17,256 | -65.2% |
| Amounts payable within one year | 42/48 | €20,572 | €3,189 | -€17,383 | -84.5% |
| Current portion of amounts payable after more than one year | 42 | €18,069 | - | -€18,069 | |
| Trade debts | 44 | €1,478 | €1,524 | +€46 | +3.1% |
| Suppliers | 440/4 | €1,478 | €1,524 | +€46 | +3.1% |
| Taxes, remuneration and social security | 45 | €554 | €1,194 | +€640 | +115.6% |
| Taxes | 450/3 | €554 | €1,194 | +€640 | +115.6% |
| Other amounts payable | 47/48 | €471 | €471 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,896 | €6,023 | +€127 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,865 | €35,900 | +€3,035 | +9.2% |
| Other operating charges | 640/8 | €11,659 | €10,986 | -€673 | -5.8% |
| Gross operating margin | 9900 | €17,006 | €57,523 | +€40,517 | +238.2% |
| Operating profit (loss) | 9901 | -€27,518 | €10,637 | +€38,155 | |
| Financial income | 75/76B | €2,261 | €736 | -€1,525 | -67.4% |
| Recurring financial income | 75 | €2,261 | €736 | -€1,525 | -67.4% |
| Financial charges | 65/66B | €1,073 | €1,700 | +€627 | +58.5% |
| Recurring financial charges | 65 | €1,073 | €1,700 | +€627 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,330 | €9,673 | +€36,003 | |
| Income taxes | 67/77 | €140 | €1,003 | +€864 | +619.2% |
| Profit (loss) for the period | 9904 | -€26,469 | €8,670 | +€35,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,469 | €8,670 | +€35,139 |
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 4 October 2026 via checked.be.