RADIO SERVICE: what changed
What changed
RADIO SERVICE
NACE 47.540, Retail sale of electrical household appliances
filed annual accounts (NBB)
Net result for the year
€170,006
2025 · €178,706-€8,700
Equity
€1.2m
2025 · €1.1m+€70,006
Cash
€361,111
2025 · €603,457-€242,346
Balance sheet total
€1.6m
2025 · €1.3m+€283,010
Largest movements
Assets
- Receivables within one year +€292,185
up €292,185 (+75.7%), from €386,134 to €678,319
of which Trade receivables: +€202,972
- Cash -€242,346
down €242,346 (-40.2%), from €603,457 to €361,111
mainly Receivables within one year (-€292,185) and Current investments (-€225,000)
- Current investments +€225,000
new in 2026: €225,000
- Stocks and contracts +€23,118
up €23,118 (+29.0%), from €79,644 to €102,762
Equity and liabilities
- Trade debts +€152,813
new in 2026: €152,813
- Other debts +€100,000
up €100,000 (+100%), from €100,000 to €200,000
- Profit (loss) carried forward +€70,006
up €70,006 (+6.7%), from €1.1m to €1.1m
- Current portion of long-term debt -€20,704
no longer reported in 2026 (was €20,704)
Income statement
- Gross operating margin +€32,441
up €32,441 (+5.5%), from €587,422 to €619,863
- Staff costs +€27,195
up €27,195 (+8.9%), from €305,731 to €332,926
- Financial charges +€22,928
up €22,928 (+220%), from €10,442 to €33,370
of which Financial charges: +€22,110
- Financial income +€10,449
up €10,449 (+40.4%), from €25,863 to €36,313
of which Non-recurring financial income: +€5,751
Change in the result, 2025 to 2026
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 2025
€178,706
Gross operating margin
+€32,441
Staff costs
-€27,195
Depreciation
-€3,366
Write-downs
-€1,753
Other operating charges
-€1,820
Financial income
+€10,449
Financial charges
-€22,928
Taxes
+€5,472
Result 2026
€170,006
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€113,907
Investment
-€235,549
Financing
-€120,704
Cash 2025
€603,457
From operations (derived)
+€113,907
Net result for the year
+€170,006
Depreciation
+€26,573
Stocks and contracts
-€23,118
Receivables within one year
-€292,185
Deferred charges and accrued income
-€1,076
Trade debts
+€152,813
Tax, wage and social debts
-€12,708
Other debts
+€100,000
Accrued charges and deferred income
-€6,398
Investment (derived)
-€235,549
Investment in fixed assets (net)
-€10,549
Current investments
-€225,000
Financing
-€120,704
Current portion of long-term debt
-€20,704
Contributions, distributions and other
-€100,000
Cash 2026
€361,111
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,326,933 | €1,609,942 | +€283,010 | +21.3% |
| Fixed assets | 21/28 | €241,303 | €225,278 | -€16,024 | -6.6% |
| Tangible fixed assets | 22/27 | €222,953 | €206,928 | -€16,024 | -7.2% |
| Land and buildings | 22 | €183,602 | €177,331 | -€6,271 | -3.4% |
| Plant, machinery and equipment | 23 | €14,858 | €12,803 | -€2,055 | -13.8% |
| Furniture and vehicles | 24 | €24,492 | €16,794 | -€7,698 | -31.4% |
| Financial fixed assets | 28 | €18,350 | €18,350 | = | 0.0% |
| Current assets | 29/58 | €1,085,630 | €1,384,664 | +€299,034 | +27.5% |
| Stocks and contracts in progress | 3 | €79,644 | €102,762 | +€23,118 | +29.0% |
| Stocks | 30/36 | €79,644 | €102,762 | +€23,118 | +29.0% |
| Amounts receivable within one year | 40/41 | €386,134 | €678,319 | +€292,185 | +75.7% |
| Trade receivables | 40 | €386,134 | €589,106 | +€202,972 | +52.6% |
| Other amounts receivable | 41 | - | €89,213 | +€89,213 | |
| Current investments | 50/53 | - | €225,000 | +€225,000 | |
| Cash at bank and in hand | 54/58 | €603,457 | €361,111 | -€242,346 | -40.2% |
| Deferred charges and accrued income | 490/1 | €16,396 | €17,472 | +€1,076 | +6.6% |
| Total equity and liabilities | 10/49 | €1,326,933 | €1,609,942 | +€283,010 | +21.3% |
| Equity | 10/15 | €1,109,888 | €1,179,894 | +€70,006 | +6.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €32,979 | €32,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,500 | €30,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,052,120 | €1,122,126 | +€70,006 | +6.7% |
| Amounts payable | 17/49 | €217,045 | €430,048 | +€213,003 | +98.1% |
| Amounts payable after more than one year | 17 | €20,911 | €20,911 | = | 0.0% |
| Financial debts | 170/4 | €20,911 | €20,911 | = | 0.0% |
| Amounts payable within one year | 42/48 | €189,660 | €409,061 | +€219,401 | +116% |
| Current portion of amounts payable after more than one year | 42 | €20,704 | - | -€20,704 | |
| Trade debts | 44 | - | €152,813 | +€152,813 | |
| Suppliers | 440/4 | - | €152,813 | +€152,813 | |
| Taxes, remuneration and social security | 45 | €68,956 | €56,248 | -€12,708 | -18.4% |
| Taxes | 450/3 | €20,821 | €23,673 | +€2,852 | +13.7% |
| Remuneration and social security | 454/9 | €48,135 | €32,575 | -€15,560 | -32.3% |
| Other amounts payable | 47/48 | €100,000 | €200,000 | +€100,000 | +100% |
| Accrued charges and deferred income | 492/3 | €6,474 | €76 | -€6,398 | -98.8% |
| Remuneration, social security and pensions | 62 | €305,731 | €332,926 | +€27,195 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,207 | €26,573 | +€3,366 | +14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,753 | +€1,753 | |
| Other operating charges | 640/8 | €23,053 | €24,873 | +€1,820 | +7.9% |
| Gross operating margin | 9900 | €587,422 | €619,863 | +€32,441 | +5.5% |
| Operating profit (loss) | 9901 | €235,430 | €233,737 | -€1,693 | -0.7% |
| Financial income | 75/76B | €25,863 | €36,313 | +€10,449 | +40.4% |
| Recurring financial income | 75 | €17,410 | €22,109 | +€4,699 | +27.0% |
| Non-recurring financial income | 76B | €8,453 | €14,204 | +€5,751 | +68.0% |
| Financial charges | 65/66B | €10,442 | €33,370 | +€22,928 | +220% |
| Recurring financial charges | 65 | €9,533 | €31,644 | +€22,110 | +232% |
| Non-recurring financial charges | 66B | €909 | €1,727 | +€818 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | €250,851 | €236,679 | -€14,172 | -5.6% |
| Income taxes | 67/77 | €72,145 | €66,673 | -€5,472 | -7.6% |
| Profit (loss) for the period | 9904 | €178,706 | €170,006 | -€8,700 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €178,706 | €170,006 | -€8,700 | -4.9% |
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 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.