RADIAMAR: 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.
RADIAMAR
Largest movements
- Receivables within one year -€16,149
down €16,149 (-56.7%), from €28,495 to €12,345
of which Trade receivables: -€14,971
- Cash -€10,498
no longer reported in 2025 (was €10,498)
- Profit (loss) carried forward -€14,437
down €14,437 (-58.3%), from €24,784 to €10,346
- Trade debts -€10,852
down €10,852 (-81.2%), from €13,360 to €2,508
- Accrued charges and deferred income -€2,092
no longer reported in 2025 (was €2,092)
- Gross operating margin +€7,444
up €7,444 (+79.7%), from -€9,334 to -€1,890
- Other operating charges +€642
up €642 (+132.6%), from €484 to €1,127
- Financial charges +€334
up €334 (+135.8%), from €246 to €580
- Depreciation -€134
down €134 (-35.7%), from €374 to €241
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,608 | €37,345 | -€27,262 | -42.2% |
| Fixed assets | 21/28 | €615 | - | -€615 | |
| Tangible fixed assets | 22/27 | €615 | - | -€615 | |
| Furniture and vehicles | 24 | €615 | - | -€615 | |
| Current assets | 29/58 | €63,992 | €37,345 | -€26,647 | -41.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,495 | €12,345 | -€16,149 | -56.7% |
| Trade receivables | 40 | €14,971 | - | -€14,971 | |
| Other amounts receivable | 41 | €13,524 | €12,345 | -€1,178 | -8.7% |
| Cash at bank and in hand | 54/58 | €10,498 | - | -€10,498 | |
| Total equity and liabilities | 10/49 | €64,608 | €37,345 | -€27,262 | -42.2% |
| Equity | 10/15 | €41,884 | €27,446 | -€14,437 | -34.5% |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Outside capital | 11 | €15,200 | €15,200 | = | 0.0% |
| Other | 1109/19 | €15,200 | €15,200 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,784 | €10,346 | -€14,437 | -58.3% |
| Amounts payable | 17/49 | €22,724 | €9,899 | -€12,825 | -56.4% |
| Amounts payable within one year | 42/48 | €20,632 | €9,899 | -€10,733 | -52.0% |
| Trade debts | 44 | €13,360 | €2,508 | -€10,852 | -81.2% |
| Suppliers | 440/4 | €13,360 | €2,508 | -€10,852 | -81.2% |
| Taxes, remuneration and social security | 45 | €7,272 | €7,391 | +€119 | +1.6% |
| Taxes | 450/3 | €7,272 | €7,391 | +€119 | +1.6% |
| Accrued charges and deferred income | 492/3 | €2,092 | - | -€2,092 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €241 | -€134 | -35.7% |
| Other operating charges | 640/8 | €484 | €1,127 | +€642 | +132.6% |
| Gross operating margin | 9900 | -€9,334 | -€1,890 | +€7,444 | +79.7% |
| Operating profit (loss) | 9901 | -€10,193 | -€3,258 | +€6,935 | +68.0% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €246 | €580 | +€334 | +135.8% |
| Recurring financial charges | 65 | €246 | €580 | +€334 | +135.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,408 | -€3,837 | +€6,571 | +63.1% |
| Profit (loss) for the period | 9904 | -€10,408 | -€3,837 | +€6,571 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,408 | -€3,837 | +€6,571 | +63.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.