RADEB CONSULTING: 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.
RADEB CONSULTING
Largest movements
- Cash +€9,799
up €9,799 (+171.2%), from €5,725 to €15,523
mainly Net result for the year (+€21,992) and Depreciation (+€15,399)
- Tangible fixed assets -€7,614
down €7,614 (-11.0%), from €69,474 to €61,860
of which Land and buildings: -€8,614
- Receivables within one year +€2,522
up €2,522 (+12.9%), from €19,613 to €22,135
of which Other amounts receivable: +€1,842
- Reserves +€4,378
up €4,378 (+5.1%), from €85,239 to €89,617
- Trade debts +€2,884
up €2,884 (+36.4%), from €7,915 to €10,799
- Tax, wage and social debts -€2,324
down €2,324 (-34.3%), from €6,779 to €4,455
- Gross operating margin +€14,112
up €14,112 (+35.8%), from €39,468 to €53,579
- Taxes +€3,189
up €3,189 (+33.0%), from €9,671 to €12,859
- Depreciation +€782
up €782 (+5.3%), from €14,618 to €15,399
- Other operating charges +€632
up €632 (+27.5%), from €2,300 to €2,932
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 | €122,048 | €126,462 | +€4,414 | +3.6% |
| Fixed assets | 21/28 | €69,700 | €62,086 | -€7,614 | -10.9% |
| Tangible fixed assets | 22/27 | €69,474 | €61,860 | -€7,614 | -11.0% |
| Land and buildings | 22 | €53,707 | €45,093 | -€8,614 | -16.0% |
| Plant, machinery and equipment | 23 | €4,447 | €2,420 | -€2,027 | -45.6% |
| Furniture and vehicles | 24 | - | €6,069 | +€6,069 | |
| Other tangible fixed assets | 26 | €11,320 | €8,277 | -€3,042 | -26.9% |
| Financial fixed assets | 28 | €226 | €226 | = | 0.0% |
| Current assets | 29/58 | €52,348 | €64,376 | +€12,028 | +23.0% |
| Amounts receivable within one year | 40/41 | €19,613 | €22,135 | +€2,522 | +12.9% |
| Trade receivables | 40 | €19,613 | €20,293 | +€680 | +3.5% |
| Other amounts receivable | 41 | €0 | €1,842 | +€1,842 | |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,725 | €15,523 | +€9,799 | +171.2% |
| Deferred charges and accrued income | 490/1 | €2,010 | €1,718 | -€292 | -14.5% |
| Total equity and liabilities | 10/49 | €122,048 | €126,462 | +€4,414 | +3.6% |
| Equity | 10/15 | €103,839 | €108,217 | +€4,378 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,239 | €89,617 | +€4,378 | +5.1% |
| Distributable reserves | 133 | €85,239 | €89,617 | +€4,378 | +5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,208 | €18,245 | +€36 | +0.2% |
| Amounts payable after more than one year | 17 | €418 | €0 | -€418 | -100.0% |
| Financial debts | 170/4 | €418 | €0 | -€418 | -100.0% |
| Amounts payable within one year | 42/48 | €17,790 | €18,245 | +€455 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €2,452 | €1,679 | -€774 | -31.6% |
| Trade debts | 44 | €7,915 | €10,799 | +€2,884 | +36.4% |
| Suppliers | 440/4 | €7,915 | €10,799 | +€2,884 | +36.4% |
| Taxes, remuneration and social security | 45 | €6,779 | €4,455 | -€2,324 | -34.3% |
| Taxes | 450/3 | €6,779 | €4,455 | -€2,324 | -34.3% |
| Other amounts payable | 47/48 | €644 | €1,311 | +€668 | +103.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,618 | €15,399 | +€782 | +5.3% |
| Other operating charges | 640/8 | €2,300 | €2,932 | +€632 | +27.5% |
| Gross operating margin | 9900 | €39,468 | €53,579 | +€14,112 | +35.8% |
| Operating profit (loss) | 9901 | €22,550 | €35,248 | +€12,698 | +56.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €819 | €397 | -€422 | -51.6% |
| Recurring financial charges | 65 | €819 | €397 | -€422 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €21,731 | €34,851 | +€13,120 | +60.4% |
| Income taxes | 67/77 | €9,671 | €12,859 | +€3,189 | +33.0% |
| Profit (loss) for the period | 9904 | €12,060 | €21,992 | +€9,931 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,060 | €21,992 | +€9,931 | +82.3% |
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 11 October 2026 via checked.be.