RADIATOM: 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.
RADIATOM
Largest movements
- Cash -€7,310
down €7,310 (-13.1%), from €55,607 to €48,297
mainly Net result for the year (-€13,996) and Receivables within one year (-€2,890)
- Stocks and contracts -€3,700
down €3,700 (-100%), from €3,700 to €0
- Receivables within one year +€2,890
up €2,890 (+54.7%), from €5,278 to €8,168
of which Other amounts receivable: +€4,089
- Deferred charges and accrued income +€1,624
up €1,624 (+816%), from €199 to €1,823
- Intangible fixed assets -€1,400
down €1,400 (-36.4%), from €3,850 to €2,450
- Profit (loss) carried forward -€13,996
down €13,996 (-16.8%), from -€83,255 to -€97,251
- Trade debts +€4,945
up €4,945 (+25.5%), from €19,396 to €24,342
- Other debts -€2,149
down €2,149 (-2.5%), from €85,862 to €83,713
- Advances received +€1,820
new in 2025: €1,820
- Gross operating margin -€72,992
down €72,992, from €65,959 to -€7,034
- Staff costs +€2,475
new in 2025: €2,475
- Financial charges -€1,004
down €1,004 (-78.0%), from €1,287 to €284
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 | €71,552 | €62,517 | -€9,034 | -12.6% |
| Fixed assets | 21/28 | €6,767 | €4,230 | -€2,537 | -37.5% |
| Intangible fixed assets | 21 | €3,850 | €2,450 | -€1,400 | -36.4% |
| Tangible fixed assets | 22/27 | €2,917 | €1,780 | -€1,137 | -39.0% |
| Plant, machinery and equipment | 23 | €448 | €0 | -€448 | -100% |
| Furniture and vehicles | 24 | - | €408 | +€408 | |
| Other tangible fixed assets | 26 | €2,469 | €1,371 | -€1,098 | -44.5% |
| Current assets | 29/58 | €64,785 | €58,287 | -€6,497 | -10.0% |
| Stocks and contracts in progress | 3 | €3,700 | €0 | -€3,700 | -100% |
| Stocks | 30/36 | €3,700 | €0 | -€3,700 | -100% |
| Amounts receivable within one year | 40/41 | €5,278 | €8,168 | +€2,890 | +54.7% |
| Trade receivables | 40 | €3,052 | €1,852 | -€1,200 | -39.3% |
| Other amounts receivable | 41 | €2,226 | €6,315 | +€4,089 | +184% |
| Cash at bank and in hand | 54/58 | €55,607 | €48,297 | -€7,310 | -13.1% |
| Deferred charges and accrued income | 490/1 | €199 | €1,823 | +€1,624 | +816% |
| Total equity and liabilities | 10/49 | €71,552 | €62,517 | -€9,034 | -12.6% |
| Equity | 10/15 | -€48,255 | -€62,251 | -€13,996 | -29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €28,800 | €28,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,129 | €11,129 | = | 0.0% |
| Distributable reserves | 133 | €17,671 | €17,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,255 | -€97,251 | -€13,996 | -16.8% |
| Amounts payable | 17/49 | €119,806 | €124,768 | +€4,962 | +4.1% |
| Amounts payable within one year | 42/48 | €119,806 | €124,768 | +€4,962 | +4.1% |
| Trade debts | 44 | €19,396 | €24,342 | +€4,945 | +25.5% |
| Suppliers | 440/4 | €19,396 | €24,342 | +€4,945 | +25.5% |
| Advances received on contracts in progress | 46 | - | €1,820 | +€1,820 | |
| Taxes, remuneration and social security | 45 | €14,548 | €14,894 | +€346 | +2.4% |
| Taxes | 450/3 | - | €134 | +€134 | |
| Remuneration and social security | 454/9 | €14,548 | €14,760 | +€212 | +1.5% |
| Other amounts payable | 47/48 | €85,862 | €83,713 | -€2,149 | -2.5% |
| Non-recurring operating income | 76A | €11,129 | - | -€11,129 | |
| Remuneration, social security and pensions | 62 | - | €2,475 | +€2,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,545 | €2,991 | -€554 | -15.6% |
| Other operating charges | 640/8 | €1,506 | €1,214 | -€292 | -19.4% |
| Gross operating margin | 9900 | €65,959 | -€7,034 | -€72,992 | |
| Operating profit (loss) | 9901 | €60,908 | -€13,713 | -€74,621 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -54.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -54.5% |
| Financial charges | 65/66B | €1,287 | €284 | -€1,004 | -78.0% |
| Recurring financial charges | 65 | €1,287 | €284 | -€1,004 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €59,621 | -€13,996 | -€73,617 | |
| Profit (loss) for the period | 9904 | €59,621 | -€13,996 | -€73,617 | |
| Transfer to tax-exempt reserves | 689 | €11,129 | - | -€11,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,492 | -€13,996 | -€62,489 |
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 24 October 2026 via checked.be.