RADICAL - GLOBAL EXECUTIVE SERVICES: what changed
What changed
RADICAL - GLOBAL EXECUTIVE SERVICES
NACE 77.110, Renting and leasing of cars and light motor vehicles
filed annual accounts (NBB)
Net result for the year
-€4,601
2024 · €375-€4,976
Equity
€24,750
2024 · €23,151+€1,599
Cash
€2,044
2024 · €2,505-€462
Balance sheet total
€67,601
2024 · €79,869-€12,268
Largest movements
Assets
- Tangible fixed assets -€13,000
down €13,000 (-66.7%), from €19,500 to €6,500
- Receivables within one year +€1,057
up €1,057 (+36.9%), from €2,863 to €3,920
of which Trade receivables: +€1,108
Equity and liabilities
- Debts after one year -€23,707
no longer reported in 2025 (was €23,707)
- Other debts +€9,600
up €9,600 (+790%), from €1,215 to €10,815
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Profit (loss) carried forward -€4,601
down €4,601 (-65.4%), from €7,031 to €2,430
- Current portion of long-term debt +€1,297
up €1,297 (+5.3%), from €24,421 to €25,718
Income statement
- Gross operating margin -€9,203
down €9,203 (-42.8%), from €21,520 to €12,317
- Depreciation -€2,387
down €2,387 (-15.5%), from €15,387 to €13,000
- Financial charges -€1,149
down €1,149 (-32.7%), from €3,514 to €2,365
- Other operating charges -€452
down €452 (-16.2%), from €2,798 to €2,346
- Taxes -€275
no longer reported in 2025 (was €275)
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
€375
Gross operating margin
-€9,203
Depreciation
+€2,387
Other operating charges
+€452
Financial income
-€36
Financial charges
+€1,149
Taxes
+€275
Result 2025
-€4,601
raises the resultlowers the result
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
+€15,685
Investment
€0
Financing
-€16,146
Cash 2024
€2,505
From operations (derived)
+€15,685
Net result for the year
-€4,601
Depreciation
+€13,000
Receivables within one year
-€1,057
Deferred charges and accrued income
-€137
Trade debts
+€519
Tax, wage and social debts
-€1,140
Other debts
+€9,600
Accrued charges and deferred income
-€500
Financing
-€16,146
Debts after one year
-€23,707
Current portion of long-term debt
+€1,297
Short-term financial debts
+€64
Contributions, distributions and other
+€6,200
Cash 2025
€2,044
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,869 | €67,601 | -€12,268 | -15.4% |
| Fixed assets | 21/28 | €19,500 | €6,500 | -€13,000 | -66.7% |
| Tangible fixed assets | 22/27 | €19,500 | €6,500 | -€13,000 | -66.7% |
| Land and buildings | 22 | €19,500 | €6,500 | -€13,000 | -66.7% |
| Current assets | 29/58 | €60,369 | €61,101 | +€732 | +1.2% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 291 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,863 | €3,920 | +€1,057 | +36.9% |
| Trade receivables | 40 | €1,802 | €2,910 | +€1,108 | +61.5% |
| Other amounts receivable | 41 | €1,061 | €1,010 | -€52 | -4.9% |
| Cash at bank and in hand | 54/58 | €2,505 | €2,044 | -€462 | -18.4% |
| Deferred charges and accrued income | 490/1 | - | €137 | +€137 | |
| Total equity and liabilities | 10/49 | €79,869 | €67,601 | -€12,268 | -15.4% |
| Equity | 10/15 | €23,151 | €24,750 | +€1,599 | +6.9% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Capital | 10 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €3,720 | €3,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €928 | €928 | = | 0.0% |
| Legal reserve | 130 | €928 | €928 | = | 0.0% |
| Distributable reserves | 133 | €2,792 | €2,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,031 | €2,430 | -€4,601 | -65.4% |
| Amounts payable | 17/49 | €56,718 | €42,851 | -€13,867 | -24.4% |
| Amounts payable after more than one year | 17 | €23,707 | - | -€23,707 | |
| Financial debts | 170/4 | €23,707 | - | -€23,707 | |
| Amounts payable within one year | 42/48 | €31,510 | €41,851 | +€10,340 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €24,421 | €25,718 | +€1,297 | +5.3% |
| Financial debts | 43 | - | €64 | +€64 | |
| Credit institutions | 430/8 | - | €64 | +€64 | |
| Trade debts | 44 | €3,805 | €4,325 | +€519 | +13.6% |
| Suppliers | 440/4 | €3,805 | €4,325 | +€519 | +13.6% |
| Taxes, remuneration and social security | 45 | €2,069 | €929 | -€1,140 | -55.1% |
| Taxes | 450/3 | €2,069 | €929 | -€1,140 | -55.1% |
| Other amounts payable | 47/48 | €1,215 | €10,815 | +€9,600 | +790% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,000 | -€500 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,387 | €13,000 | -€2,387 | -15.5% |
| Other operating charges | 640/8 | €2,798 | €2,346 | -€452 | -16.2% |
| Gross operating margin | 9900 | €21,520 | €12,317 | -€9,203 | -42.8% |
| Operating profit (loss) | 9901 | €3,335 | -€3,029 | -€6,364 | |
| Financial income | 75/76B | €828 | €793 | -€36 | -4.3% |
| Recurring financial income | 75 | €828 | €793 | -€36 | -4.3% |
| Financial charges | 65/66B | €3,514 | €2,365 | -€1,149 | -32.7% |
| Recurring financial charges | 65 | €3,514 | €2,365 | -€1,149 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €649 | -€4,601 | -€5,250 | |
| Income taxes | 67/77 | €275 | - | -€275 | |
| Profit (loss) for the period | 9904 | €375 | -€4,601 | -€4,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €375 | -€4,601 | -€4,976 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 5 November 2026 via checked.be.