RADIOGROEP: 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.
RADIOGROEP
Largest movements
- Receivables within one year +€45,022
up €45,022 (+46.4%), from €96,962 to €141,985
of which Trade receivables: +€31,200
- Cash +€16,346
up €16,346 (+187%), from €8,737 to €25,083
mainly Trade debts (+€67,345) and Depreciation (+€34,951)
- Deferred charges and accrued income +€13,102
new in 2025: €13,102
- Tangible fixed assets +€6,581
up €6,581 (+2.0%), from €322,416 to €328,997
of which Furniture and vehicles: +€14,673
- Trade debts +€67,345
up €67,345 (+518%), from €12,993 to €80,338
- Accrued charges and deferred income -€19,660
down €19,660 (-93.5%), from €21,025 to €1,365
- Profit (loss) carried forward +€17,054
up €17,054 (+15.4%), from €111,052 to €128,106
- Other debts +€15,650
up €15,650 (+30.3%), from €51,572 to €67,222
- Debts after one year -€11,326
down €11,326 (-5.2%), from €217,337 to €206,010
- Financial income -€34,365
down €34,365 (-99.4%), from €34,576 to €211
of which Non-recurring financial income: -€34,540
- Staff costs +€18,308
new in 2025: €18,308
- Taxes -€10,899
down €10,899 (-73.1%), from €14,916 to €4,018
- Depreciation +€8,430
up €8,430 (+31.8%), from €26,521 to €34,951
- Gross operating margin +€7,369
up €7,369 (+9.3%), from €79,262 to €86,631
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 | €433,533 | €513,829 | +€80,297 | +18.5% |
| Fixed assets | 21/28 | €323,960 | €329,941 | +€5,981 | +1.8% |
| Intangible fixed assets | 21 | €1,544 | €944 | -€600 | -38.9% |
| Tangible fixed assets | 22/27 | €322,416 | €328,997 | +€6,581 | +2.0% |
| Land and buildings | 22 | €264,851 | €251,865 | -€12,986 | -4.9% |
| Plant, machinery and equipment | 23 | €45,415 | €50,310 | +€4,894 | +10.8% |
| Furniture and vehicles | 24 | €12,150 | €26,823 | +€14,673 | +121% |
| Current assets | 29/58 | €109,572 | €183,888 | +€74,316 | +67.8% |
| Amounts receivable within one year | 40/41 | €96,962 | €141,985 | +€45,022 | +46.4% |
| Trade receivables | 40 | €96,879 | €128,079 | +€31,200 | +32.2% |
| Other amounts receivable | 41 | €84 | €13,906 | +€13,822 | +16,551% |
| Current investments | 50/53 | €3,873 | €3,719 | -€154 | -4.0% |
| Cash at bank and in hand | 54/58 | €8,737 | €25,083 | +€16,346 | +187% |
| Deferred charges and accrued income | 490/1 | - | €13,102 | +€13,102 | |
| Total equity and liabilities | 10/49 | €433,533 | €513,829 | +€80,297 | +18.5% |
| Equity | 10/15 | €116,552 | €133,606 | +€17,054 | +14.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,052 | €128,106 | +€17,054 | +15.4% |
| Amounts payable | 17/49 | €316,980 | €380,223 | +€63,243 | +20.0% |
| Amounts payable after more than one year | 17 | €217,337 | €206,010 | -€11,326 | -5.2% |
| Financial debts | 170/4 | €217,337 | €206,010 | -€11,326 | -5.2% |
| Amounts payable within one year | 42/48 | €78,619 | €172,848 | +€94,229 | +120% |
| Current portion of amounts payable after more than one year | 42 | €10,202 | €10,489 | +€287 | +2.8% |
| Financial debts | 43 | - | €1,742 | +€1,742 | |
| Credit institutions | 430/8 | - | €1,742 | +€1,742 | |
| Trade debts | 44 | €12,993 | €80,338 | +€67,345 | +518% |
| Suppliers | 440/4 | €12,993 | €80,338 | +€67,345 | +518% |
| Taxes, remuneration and social security | 45 | €3,852 | €13,057 | +€9,205 | +239% |
| Taxes | 450/3 | €3,852 | €10,542 | +€6,690 | +174% |
| Remuneration and social security | 454/9 | - | €2,515 | +€2,515 | |
| Other amounts payable | 47/48 | €51,572 | €67,222 | +€15,650 | +30.3% |
| Accrued charges and deferred income | 492/3 | €21,025 | €1,365 | -€19,660 | -93.5% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €18,308 | +€18,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,521 | €34,951 | +€8,430 | +31.8% |
| Other operating charges | 640/8 | €4,174 | €5,046 | +€872 | +20.9% |
| Gross operating margin | 9900 | €79,262 | €86,631 | +€7,369 | +9.3% |
| Operating profit (loss) | 9901 | €48,567 | €28,326 | -€20,241 | -41.7% |
| Financial income | 75/76B | €34,576 | €211 | -€34,365 | -99.4% |
| Recurring financial income | 75 | €36 | €211 | +€176 | +491% |
| Non-recurring financial income | 76B | €34,540 | - | -€34,540 | |
| Financial charges | 65/66B | €7,701 | €7,465 | -€236 | -3.1% |
| Recurring financial charges | 65 | €7,701 | €7,311 | -€391 | -5.1% |
| Non-recurring financial charges | 66B | - | €154 | +€154 | |
| Profit (loss) for the period before taxes | 9903 | €75,441 | €21,072 | -€54,369 | -72.1% |
| Income taxes | 67/77 | €14,916 | €4,018 | -€10,899 | -73.1% |
| Profit (loss) for the period | 9904 | €60,525 | €17,054 | -€43,471 | -71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,525 | €17,054 | -€43,471 | -71.8% |
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 23 October 2026 via checked.be.