RADESA: 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.
RADESA
Largest movements
- Receivables within one year -€6,821
down €6,821 (-2.1%), from €331,056 to €324,235
of which Trade receivables: -€7,465
- Profit (loss) carried forward -€20,445
down €20,445 (-49.8%), from €41,089 to €20,644
- Trade debts +€10,165
up €10,165 (+3.7%), from €276,518 to €286,683
- Gross operating margin -€26,759
down €26,759, from €11,624 to -€15,135
- Taxes +€3,876
up €3,876 (+1,563%), from €248 to €4,124
- Financial charges -€1,070
down €1,070 (-81.6%), from €1,311 to €241
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 | €332,307 | €325,225 | -€7,082 | -2.1% |
| Fixed assets | 21/28 | €367 | €36 | -€331 | -90.2% |
| Tangible fixed assets | 22/27 | €367 | €36 | -€331 | -90.2% |
| Plant, machinery and equipment | 23 | €367 | €36 | -€331 | -90.2% |
| Current assets | 29/58 | €331,940 | €325,189 | -€6,751 | -2.0% |
| Amounts receivable within one year | 40/41 | €331,056 | €324,235 | -€6,821 | -2.1% |
| Trade receivables | 40 | €330,453 | €322,988 | -€7,465 | -2.3% |
| Other amounts receivable | 41 | €603 | €1,247 | +€644 | +107% |
| Cash at bank and in hand | 54/58 | €884 | €954 | +€70 | +7.9% |
| Total equity and liabilities | 10/49 | €332,307 | €325,225 | -€7,082 | -2.1% |
| Equity | 10/15 | €55,789 | €35,344 | -€20,445 | -36.6% |
| Contributions | 10/11 | €14,700 | €14,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,089 | €20,644 | -€20,445 | -49.8% |
| Amounts payable | 17/49 | €276,518 | €289,881 | +€13,363 | +4.8% |
| Amounts payable within one year | 42/48 | €276,518 | €289,881 | +€13,363 | +4.8% |
| Trade debts | 44 | €276,518 | €286,683 | +€10,165 | +3.7% |
| Suppliers | 440/4 | €276,518 | €286,683 | +€10,165 | +3.7% |
| Other amounts payable | 47/48 | - | €3,198 | +€3,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €331 | +€1 | +0.3% |
| Other operating charges | 640/8 | €604 | €614 | +€10 | +1.7% |
| Gross operating margin | 9900 | €11,624 | -€15,135 | -€26,759 | |
| Operating profit (loss) | 9901 | €10,690 | -€16,080 | -€26,770 | |
| Financial charges | 65/66B | €1,311 | €241 | -€1,070 | -81.6% |
| Recurring financial charges | 65 | €1,311 | €241 | -€1,070 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €9,379 | -€16,321 | -€25,700 | |
| Income taxes | 67/77 | €248 | €4,124 | +€3,876 | +1,563% |
| Profit (loss) for the period | 9904 | €9,131 | -€20,445 | -€29,576 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,131 | -€20,445 | -€29,576 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.