RADIO RESEARCH: 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.
RADIO RESEARCH
Largest movements
- Cash +€5,082
up €5,082 (+18.7%), from €27,173 to €32,254
mainly Net result for the year (+€8,545) and Tax, wage and social debts (+€2,004)
- Receivables within one year +€1,685
up €1,685 (+75.4%), from €2,234 to €3,919
- Profit (loss) carried forward +€5,744
no longer reported in 2025 (was -€5,744)
- Debts after one year -€3,009
down €3,009 (-52.7%), from €5,712 to €2,703
- Reserves +€2,801
up €2,801 (+15.7%), from €17,890 to €20,690
of which Distributable reserves: +€2,801
- Tax, wage and social debts +€2,004
up €2,004 (+205%), from €978 to €2,982
- Gross operating margin +€5,648
up €5,648 (+91.0%), from €6,207 to €11,854
- Taxes +€2,736
new in 2025: €2,736
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 | €39,518 | €46,311 | +€6,793 | +17.2% |
| Fixed assets | 21/28 | €1,600 | €1,600 | = | 0.0% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €37,918 | €44,711 | +€6,793 | +17.9% |
| Amounts receivable within one year | 40/41 | €2,234 | €3,919 | +€1,685 | +75.4% |
| Trade receivables | 40 | €2,234 | €3,919 | +€1,685 | +75.4% |
| Cash at bank and in hand | 54/58 | €27,173 | €32,254 | +€5,082 | +18.7% |
| Deferred charges and accrued income | 490/1 | €8,512 | €8,538 | +€26 | +0.3% |
| Total equity and liabilities | 10/49 | €39,518 | €46,311 | +€6,793 | +17.2% |
| Equity | 10/15 | €30,737 | €39,282 | +€8,545 | +27.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,890 | €20,690 | +€2,801 | +15.7% |
| Tax-exempt reserves | 132 | €16,030 | €16,030 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €4,660 | +€2,801 | +151% |
| Profit (loss) carried forward | 14 | -€5,744 | - | +€5,744 | |
| Amounts payable | 17/49 | €8,781 | €7,029 | -€1,753 | -20.0% |
| Amounts payable after more than one year | 17 | €5,712 | €2,703 | -€3,009 | -52.7% |
| Other amounts payable | 178/9 | €5,712 | €2,703 | -€3,009 | -52.7% |
| Amounts payable within one year | 42/48 | €3,070 | €4,326 | +€1,257 | +40.9% |
| Trade debts | 44 | €1,748 | €1,344 | -€404 | -23.1% |
| Suppliers | 440/4 | €1,748 | €1,344 | -€404 | -23.1% |
| Advances received on contracts in progress | 46 | €344 | - | -€344 | |
| Taxes, remuneration and social security | 45 | €978 | €2,982 | +€2,004 | +205% |
| Taxes | 450/3 | €978 | €2,982 | +€2,004 | +205% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €6,207 | €11,854 | +€5,648 | +91.0% |
| Operating profit (loss) | 9901 | €5,819 | €11,455 | +€5,635 | +96.8% |
| Financial income | 75/76B | €0 | €3 | +€3 | +10,300% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +10,300% |
| Financial charges | 65/66B | €95 | €176 | +€81 | +84.9% |
| Recurring financial charges | 65 | €95 | €176 | +€81 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | €5,724 | €11,281 | +€5,558 | +97.1% |
| Income taxes | 67/77 | - | €2,736 | +€2,736 | |
| Profit (loss) for the period | 9904 | €5,724 | €8,545 | +€2,821 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,724 | €8,545 | +€2,821 | +49.3% |
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.