RADICAL AVENUE: what changed
What changed
RADICAL AVENUE
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
-€15,155
2024 · €83,902-€99,058
Equity
€87,703
2024 · €102,858-€15,155
Cash
€68,299
2024 · €103,808-€35,509
Balance sheet total
€1.1m
2024 · €1.3m-€169,337
Largest movements
Assets
- Stocks and contracts -€49,719
down €49,719 (-15.0%), from €332,567 to €282,848
- Tangible fixed assets -€48,578
down €48,578 (-6.5%), from €749,996 to €701,418
- Cash -€35,509
down €35,509 (-34.2%), from €103,808 to €68,299
mainly Trade debts (-€179,813) and Debts after one year (-€75,994)
- Receivables within one year -€33,747
down €33,747 (-42.0%), from €80,261 to €46,513
of which Trade receivables: -€48,025
Equity and liabilities
- Trade debts -€179,813
down €179,813 (-45.4%), from €395,960 to €216,147
- Debts after one year -€75,994
down €75,994 (-14.1%), from €539,134 to €463,140
- Short-term financial debts +€42,432
up €42,432 (+108%), from €39,243 to €81,675
- Other debts +€40,000
new in 2025: €40,000
- Tax, wage and social debts +€21,308
up €21,308 (+20.0%), from €106,315 to €127,623
of which Taxes: +€17,225
Income statement
- Gross operating margin -€69,284
down €69,284 (-21.1%), from €329,093 to €259,809
- Staff costs +€21,543
up €21,543 (+14.4%), from €150,014 to €171,556
- Taxes -€6,942
down €6,942 (-84.1%), from €8,255 to €1,313
- Other operating charges -€3,719
down €3,719 (-29.7%), from €12,539 to €8,819
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€83,902
Gross operating margin
-€69,284
Staff costs
-€21,543
Depreciation
+€969
Other operating charges
+€3,719
Other operating items
-€16,281
Financial income
-€463
Financial charges
-€3,117
Taxes
+€6,942
Result 2025
-€15,155
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€8,231
Investment
+€6,051
Financing
-€33,330
Cash 2024
€103,808
From operations (derived)
-€8,231
Net result for the year
-€15,155
Depreciation
+€43,227
Stocks and contracts
+€49,719
Receivables within one year
+€33,747
Deferred charges and accrued income
+€1,083
Trade debts
-€179,813
Tax, wage and social debts
+€21,308
Advances received
-€2,301
Other debts
+€40,000
Accrued charges and deferred income
-€45
Investment (derived)
+€6,051
Investment in fixed assets (net)
+€6,051
Financing
-€33,330
Debts after one year
-€75,994
Current portion of long-term debt
+€232
Short-term financial debts
+€42,432
Cash 2025
€68,299
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,273,208 | €1,103,871 | -€169,337 | -13.3% |
| Fixed assets | 21/28 | €754,454 | €705,176 | -€49,278 | -6.5% |
| Intangible fixed assets | 21 | €1,348 | €648 | -€700 | -51.9% |
| Tangible fixed assets | 22/27 | €749,996 | €701,418 | -€48,578 | -6.5% |
| Land and buildings | 22 | €693,268 | €672,938 | -€20,331 | -2.9% |
| Plant, machinery and equipment | 23 | €44,540 | €27,510 | -€17,030 | -38.2% |
| Furniture and vehicles | 24 | €1,776 | €970 | -€807 | -45.4% |
| Other tangible fixed assets | 26 | €10,411 | - | -€10,411 | |
| Financial fixed assets | 28 | €3,110 | €3,110 | = | 0.0% |
| Current assets | 29/58 | €518,754 | €398,696 | -€120,059 | -23.1% |
| Stocks and contracts in progress | 3 | €332,567 | €282,848 | -€49,719 | -15.0% |
| Stocks | 30/36 | €332,567 | €282,848 | -€49,719 | -15.0% |
| Amounts receivable within one year | 40/41 | €80,261 | €46,513 | -€33,747 | -42.0% |
| Trade receivables | 40 | €77,614 | €29,589 | -€48,025 | -61.9% |
| Other amounts receivable | 41 | €2,647 | €16,924 | +€14,277 | +539% |
| Cash at bank and in hand | 54/58 | €103,808 | €68,299 | -€35,509 | -34.2% |
| Deferred charges and accrued income | 490/1 | €2,119 | €1,035 | -€1,083 | -51.1% |
| Total equity and liabilities | 10/49 | €1,273,208 | €1,103,871 | -€169,337 | -13.3% |
| Equity | 10/15 | €102,858 | €87,703 | -€15,155 | -14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Distributable reserves | 133 | €16,860 | €16,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,798 | €64,643 | -€15,155 | -19.0% |
| Amounts payable | 17/49 | €1,170,350 | €1,016,168 | -€154,182 | -13.2% |
| Amounts payable after more than one year | 17 | €539,134 | €463,140 | -€75,994 | -14.1% |
| Financial debts | 170/4 | €539,134 | €463,140 | -€75,994 | -14.1% |
| Amounts payable within one year | 42/48 | €630,019 | €551,877 | -€78,142 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €86,201 | €86,433 | +€232 | +0.3% |
| Financial debts | 43 | €39,243 | €81,675 | +€42,432 | +108% |
| Credit institutions | 430/8 | €39,243 | €81,675 | +€42,432 | +108% |
| Trade debts | 44 | €395,960 | €216,147 | -€179,813 | -45.4% |
| Suppliers | 440/4 | €395,960 | €216,147 | -€179,813 | -45.4% |
| Advances received on contracts in progress | 46 | €2,301 | - | -€2,301 | |
| Taxes, remuneration and social security | 45 | €106,315 | €127,623 | +€21,308 | +20.0% |
| Taxes | 450/3 | €68,894 | €86,118 | +€17,225 | +25.0% |
| Remuneration and social security | 454/9 | €37,421 | €41,504 | +€4,083 | +10.9% |
| Other amounts payable | 47/48 | - | €40,000 | +€40,000 | |
| Accrued charges and deferred income | 492/3 | €1,197 | €1,152 | -€45 | -3.8% |
| Remuneration, social security and pensions | 62 | €150,014 | €171,556 | +€21,543 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,195 | €43,227 | -€969 | -2.2% |
| Other operating charges | 640/8 | €12,539 | €8,819 | -€3,719 | -29.7% |
| Non-recurring operating charges | 66A | - | €16,281 | +€16,281 | |
| Gross operating margin | 9900 | €329,093 | €259,809 | -€69,284 | -21.1% |
| Operating profit (loss) | 9901 | €122,345 | €19,925 | -€102,420 | -83.7% |
| Financial income | 75/76B | €782 | €319 | -€463 | -59.2% |
| Recurring financial income | 75 | €782 | €319 | -€463 | -59.2% |
| Financial charges | 65/66B | €30,970 | €34,086 | +€3,117 | +10.1% |
| Recurring financial charges | 65 | €30,970 | €34,086 | +€3,117 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €92,158 | -€13,842 | -€106,000 | |
| Income taxes | 67/77 | €8,255 | €1,313 | -€6,942 | -84.1% |
| Profit (loss) for the period | 9904 | €83,902 | -€15,155 | -€99,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,902 | -€15,155 | -€99,058 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.