RADIC sm: 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.
RADIC sm
Largest movements
- Tangible fixed assets -€19,610
down €19,610 (-86.2%), from €22,754 to €3,143
- Receivables within one year +€19,406
up €19,406 (+58.7%), from €33,045 to €52,452
of which Other amounts receivable: +€21,983
- Cash +€7,521
up €7,521 (+239.6%), from €3,139 to €10,660
mainly Investment in fixed assets (net) (+€17,824) and Net result for the year (+€8,214)
- Deferred charges and accrued income -€1,233
no longer reported in 2025 (was €1,233)
- Reserves +€8,214
up €8,214 (+25.4%), from €32,311 to €40,525
of which Distributable reserves: +€8,214
- Tax, wage and social debts -€3,492
down €3,492 (-15.0%), from €23,258 to €19,766
- Trade debts +€1,439
up €1,439 (+62.4%), from €2,307 to €3,746
- Depreciation -€14,406
down €14,406 (-89.0%), from €16,191 to €1,786
- Gross operating margin -€11,174
down €11,174 (-28.8%), from €38,774 to €27,600
- Taxes -€2,894
down €2,894 (-45.1%), from €6,423 to €3,529
- Other operating charges -€2,278
down €2,278 (-82.8%), from €2,752 to €474
- Financial income +€511
up €511 (+60.5%), from €845 to €1,355
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.
Cash bridge derived
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 | €60,171 | €66,256 | +€6,085 | +10.1% |
| Fixed assets | 21/28 | €22,754 | €3,143 | -€19,610 | -86.2% |
| Tangible fixed assets | 22/27 | €22,754 | €3,143 | -€19,610 | -86.2% |
| Furniture and vehicles | 24 | €22,754 | €3,143 | -€19,610 | -86.2% |
| Current assets | 29/58 | €37,418 | €63,112 | +€25,695 | +68.7% |
| Amounts receivable within one year | 40/41 | €33,045 | €52,452 | +€19,406 | +58.7% |
| Trade receivables | 40 | €17,538 | €14,962 | -€2,576 | -14.7% |
| Other amounts receivable | 41 | €15,508 | €37,490 | +€21,983 | +141.8% |
| Cash at bank and in hand | 54/58 | €3,139 | €10,660 | +€7,521 | +239.6% |
| Deferred charges and accrued income | 490/1 | €1,233 | - | -€1,233 | |
| Total equity and liabilities | 10/49 | €60,171 | €66,256 | +€6,085 | +10.1% |
| Equity | 10/15 | €33,781 | €41,995 | +€8,214 | +24.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,311 | €40,525 | +€8,214 | +25.4% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €32,211 | €40,425 | +€8,214 | +25.5% |
| Profit (loss) carried forward | 14 | €470 | €470 | = | 0.0% |
| Amounts payable | 17/49 | €26,390 | €24,261 | -€2,129 | -8.1% |
| Amounts payable within one year | 42/48 | €25,565 | €23,512 | -€2,053 | -8.0% |
| Trade debts | 44 | €2,307 | €3,746 | +€1,439 | +62.4% |
| Suppliers | 440/4 | €2,307 | €3,746 | +€1,439 | +62.4% |
| Taxes, remuneration and social security | 45 | €23,258 | €19,766 | -€3,492 | -15.0% |
| Taxes | 450/3 | €23,258 | €19,766 | -€3,492 | -15.0% |
| Accrued charges and deferred income | 492/3 | €825 | €749 | -€76 | -9.2% |
| Non-recurring operating income | 76A | €5,180 | - | -€5,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,191 | €1,786 | -€14,406 | -89.0% |
| Other operating charges | 640/8 | €2,752 | €474 | -€2,278 | -82.8% |
| Non-recurring operating charges | 66A | - | €13,579 | +€13,579 | |
| Gross operating margin | 9900 | €38,774 | €27,600 | -€11,174 | -28.8% |
| Operating profit (loss) | 9901 | €19,831 | €11,762 | -€8,069 | -40.7% |
| Financial income | 75/76B | €845 | €1,355 | +€511 | +60.5% |
| Recurring financial income | 75 | €845 | €1,355 | +€511 | +60.5% |
| Financial charges | 65/66B | €1,647 | €1,375 | -€272 | -16.5% |
| Recurring financial charges | 65 | €1,647 | €1,375 | -€272 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €19,029 | €11,742 | -€7,286 | -38.3% |
| Income taxes | 67/77 | €6,423 | €3,529 | -€2,894 | -45.1% |
| Profit (loss) for the period | 9904 | €12,606 | €8,214 | -€4,392 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,606 | €8,214 | -€4,392 | -34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.