RADEC GROUTING PRODUCTS: 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.
RADEC GROUTING PRODUCTS
Largest movements
- Receivables within one year -€114,815
down €114,815 (-22.2%), from €518,309 to €403,494
of which Other amounts receivable: -€208,166
- Other debts -€267,494
down €267,494 (-43.4%), from €616,846 to €349,353
- Reserves +€118,250
up €118,250 (+47.3%), from €249,960 to €368,210
of which Distributable reserves: +€118,250
- Profit (loss) carried forward +€34,818
up €34,818 (+3.8%), from €927,004 to €961,822
- Financial income -€230,025
down €230,025 (-47.2%), from €487,277 to €257,251
- Taxes +€31,240
up €31,240, from -€13,798 to €17,442
- Financial charges -€17,073
down €17,073 (-37.0%), from €46,086 to €29,013
- Gross operating margin -€1,432
down €1,432 (-1.0%), from €142,998 to €141,565
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.
Derived cash bridge
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 | €2,057,232 | €1,938,458 | -€118,774 | -5.8% |
| Fixed assets | 21/28 | €1,102,311 | €1,103,884 | +€1,573 | +0.1% |
| Tangible fixed assets | 22/27 | €2,778 | €4,351 | +€1,573 | +56.6% |
| Plant, machinery and equipment | 23 | €2,778 | €4,351 | +€1,573 | +56.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,099,532 | €1,099,532 | = | 0.0% |
| Current assets | 29/58 | €954,921 | €834,574 | -€120,347 | -12.6% |
| Amounts receivable within one year | 40/41 | €518,309 | €403,494 | -€114,815 | -22.2% |
| Trade receivables | 40 | €50,334 | €143,685 | +€93,351 | +185% |
| Other amounts receivable | 41 | €467,975 | €259,808 | -€208,166 | -44.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €436,612 | €431,080 | -€5,532 | -1.3% |
| Total equity and liabilities | 10/49 | €2,057,232 | €1,938,458 | -€118,774 | -5.8% |
| Equity | 10/15 | €1,413,493 | €1,566,561 | +€153,068 | +10.8% |
| Contributions | 10/11 | €233,544 | €233,544 | = | 0.0% |
| Revaluation surpluses | 12 | €2,985 | €2,985 | = | 0.0% |
| Reserves | 13 | €249,960 | €368,210 | +€118,250 | +47.3% |
| Non-distributable reserves | 130/1 | €25,401 | €25,401 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,401 | €25,401 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,192 | €81,192 | = | 0.0% |
| Distributable reserves | 133 | €143,367 | €261,617 | +€118,250 | +82.5% |
| Profit (loss) carried forward | 14 | €927,004 | €961,822 | +€34,818 | +3.8% |
| Amounts payable | 17/49 | €643,738 | €371,897 | -€271,842 | -42.2% |
| Amounts payable within one year | 42/48 | €643,738 | €371,897 | -€271,842 | -42.2% |
| Trade debts | 44 | €21 | €26 | +€5 | +21.4% |
| Suppliers | 440/4 | €21 | €26 | +€5 | +21.4% |
| Taxes, remuneration and social security | 45 | €26,871 | €22,518 | -€4,353 | -16.2% |
| Taxes | 450/3 | €26,871 | €22,518 | -€4,353 | -16.2% |
| Other amounts payable | 47/48 | €616,846 | €349,353 | -€267,494 | -43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,875 | €4,914 | +€39 | +0.8% |
| Other operating charges | 640/8 | €440 | €880 | +€440 | +100% |
| Gross operating margin | 9900 | €142,998 | €141,565 | -€1,432 | -1.0% |
| Operating profit (loss) | 9901 | €137,683 | €135,771 | -€1,912 | -1.4% |
| Financial income | 75/76B | €487,277 | €257,251 | -€230,025 | -47.2% |
| Recurring financial income | 75 | €487,277 | €257,251 | -€230,025 | -47.2% |
| Financial charges | 65/66B | €46,086 | €29,013 | -€17,073 | -37.0% |
| Recurring financial charges | 65 | €46,086 | €29,013 | -€17,073 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €578,874 | €364,010 | -€214,864 | -37.1% |
| Income taxes | 67/77 | -€13,798 | €17,442 | +€31,240 | |
| Profit (loss) for the period | 9904 | €592,672 | €346,568 | -€246,104 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €592,672 | €346,568 | -€246,104 | -41.5% |
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 21 October 2026 via checked.be.