Radia-Calor: 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.
Radia-Calor
Largest movements
- Cash +€73,017
up €73,017 (+140%), from €52,067 to €125,083
mainly Receivables within one year (+€68,621) and Other debts (+€32,676)
- Receivables within one year -€68,621
down €68,621 (-48.5%), from €141,401 to €72,780
of which Trade receivables: -€69,608
- Tangible fixed assets +€52,941
up €52,941 (+41.4%), from €127,958 to €180,899
of which Furniture and vehicles: +€53,462
- Stocks and contracts -€15,904
down €15,904 (-42.2%), from €37,684 to €21,780
of which Stocks: -€8,713
- Other debts +€32,676
up €32,676 (+1,076%), from €3,037 to €35,713
- Reserves +€13,000
up €13,000 (+4.7%), from €279,000 to €292,000
- Staff costs -€36,189
down €36,189 (-17.0%), from €213,323 to €177,135
- Gross operating margin -€24,851
down €24,851 (-9.7%), from €257,226 to €232,375
- Depreciation +€16,123
up €16,123 (+125%), from €12,938 to €29,061
- Other operating charges +€5,197
up €5,197 (+83.3%), from €6,239 to €11,436
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 | €364,875 | €405,314 | +€40,438 | +11.1% |
| Fixed assets | 21/28 | €127,958 | €180,899 | +€52,941 | +41.4% |
| Tangible fixed assets | 22/27 | €127,958 | €180,899 | +€52,941 | +41.4% |
| Land and buildings | 22 | €103,608 | €103,270 | -€338 | -0.3% |
| Plant, machinery and equipment | 23 | €183 | - | -€183 | |
| Furniture and vehicles | 24 | €24,167 | €77,629 | +€53,462 | +221% |
| Current assets | 29/58 | €236,918 | €224,415 | -€12,503 | -5.3% |
| Stocks and contracts in progress | 3 | €37,684 | €21,780 | -€15,904 | -42.2% |
| Stocks | 30/36 | €29,150 | €20,437 | -€8,713 | -29.9% |
| Contracts in progress | 37 | €8,534 | €1,343 | -€7,191 | -84.3% |
| Amounts receivable within one year | 40/41 | €141,401 | €72,780 | -€68,621 | -48.5% |
| Trade receivables | 40 | €141,401 | €71,793 | -€69,608 | -49.2% |
| Other amounts receivable | 41 | - | €987 | +€987 | |
| Cash at bank and in hand | 54/58 | €52,067 | €125,083 | +€73,017 | +140% |
| Deferred charges and accrued income | 490/1 | €5,766 | €4,772 | -€994 | -17.2% |
| Total equity and liabilities | 10/49 | €364,875 | €405,314 | +€40,438 | +11.1% |
| Equity | 10/15 | €337,608 | €350,858 | +€13,250 | +3.9% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €279,000 | €292,000 | +€13,000 | +4.7% |
| Distributable reserves | 133 | €279,000 | €292,000 | +€13,000 | +4.7% |
| Profit (loss) carried forward | 14 | €9,030 | €9,280 | +€250 | +2.8% |
| Amounts payable | 17/49 | €27,267 | €54,455 | +€27,188 | +99.7% |
| Amounts payable within one year | 42/48 | €27,267 | €54,455 | +€27,188 | +99.7% |
| Trade debts | 44 | €11,705 | €9,297 | -€2,408 | -20.6% |
| Suppliers | 440/4 | €11,705 | €9,297 | -€2,408 | -20.6% |
| Taxes, remuneration and social security | 45 | €12,525 | €9,445 | -€3,080 | -24.6% |
| Taxes | 450/3 | €7,235 | €2,017 | -€5,218 | -72.1% |
| Remuneration and social security | 454/9 | €5,290 | €7,428 | +€2,138 | +40.4% |
| Other amounts payable | 47/48 | €3,037 | €35,713 | +€32,676 | +1,076% |
| Non-recurring operating income | 76A | - | €28,099 | +€28,099 | |
| Remuneration, social security and pensions | 62 | €213,323 | €177,135 | -€36,189 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,938 | €29,061 | +€16,123 | +125% |
| Other operating charges | 640/8 | €6,239 | €11,436 | +€5,197 | +83.3% |
| Gross operating margin | 9900 | €257,226 | €232,375 | -€24,851 | -9.7% |
| Operating profit (loss) | 9901 | €24,726 | €14,744 | -€9,982 | -40.4% |
| Financial income | 75/76B | €4,357 | €3,763 | -€594 | -13.6% |
| Recurring financial income | 75 | €4,357 | €3,763 | -€594 | -13.6% |
| Financial charges | 65/66B | €164 | €240 | +€76 | +46.5% |
| Recurring financial charges | 65 | €164 | €240 | +€76 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €28,920 | €18,267 | -€10,652 | -36.8% |
| Income taxes | 67/77 | €5,309 | €5,017 | -€292 | -5.5% |
| Profit (loss) for the period | 9904 | €23,611 | €13,250 | -€10,361 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,611 | €13,250 | -€10,361 | -43.9% |
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 31 October 2026 via checked.be.