Radis & Compagnie: 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.
Radis & Compagnie
Largest movements
- Cash -€19,180
down €19,180 (-66.8%), from €28,725 to €9,544
mainly Net result for the year (-€25,531) and Investment in fixed assets (net) (-€11,397)
- Intangible fixed assets +€8,341
new in 2025: €8,341
- Tangible fixed assets -€3,429
down €3,429 (-16.2%), from €21,187 to €17,758
of which Land and buildings: -€2,750
- Stocks and contracts -€2,401
down €2,401 (-7.8%), from €30,630 to €28,229
- Profit (loss) carried forward -€25,531
down €25,531 (-86.1%), from -€29,667 to -€55,197
- Contributions +€12,580
up €12,580 (+15.2%), from €82,640 to €95,220
- Current portion of long-term debt -€7,485
no longer reported in 2025 (was €7,485)
- Tax, wage and social debts +€2,551
up €2,551 (+82.4%), from €3,094 to €5,645
of which Remuneration and social security: +€3,068
- Trade debts +€1,543
up €1,543 (+8.4%), from €18,338 to €19,881
- Gross operating margin -€13,171
down €13,171 (-44.6%), from €29,564 to €16,393
- Staff costs +€3,346
up €3,346 (+10.7%), from €31,214 to €34,559
- Depreciation +€554
up €554 (+9.3%), from €5,932 to €6,485
- Other operating charges +€504
up €504 (+1,008%), from €50 to €554
- Financial charges -€302
down €302 (-41.5%), from €727 to €425
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 | €82,249 | €66,165 | -€16,084 | -19.6% |
| Fixed assets | 21/28 | €21,737 | €26,649 | +€4,912 | +22.6% |
| Intangible fixed assets | 21 | - | €8,341 | +€8,341 | |
| Tangible fixed assets | 22/27 | €21,187 | €17,758 | -€3,429 | -16.2% |
| Land and buildings | 22 | €18,669 | €15,919 | -€2,750 | -14.7% |
| Furniture and vehicles | 24 | €2,518 | €1,839 | -€679 | -27.0% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €60,512 | €39,516 | -€20,996 | -34.7% |
| Stocks and contracts in progress | 3 | €30,630 | €28,229 | -€2,401 | -7.8% |
| Stocks | 30/36 | €30,630 | €28,229 | -€2,401 | -7.8% |
| Amounts receivable within one year | 40/41 | €1,157 | €1,086 | -€71 | -6.1% |
| Trade receivables | 40 | €269 | €588 | +€319 | +119% |
| Other amounts receivable | 41 | €889 | €499 | -€390 | -43.9% |
| Cash at bank and in hand | 54/58 | €28,725 | €9,544 | -€19,180 | -66.8% |
| Deferred charges and accrued income | 490/1 | - | €657 | +€657 | |
| Total equity and liabilities | 10/49 | €82,249 | €66,165 | -€16,084 | -19.6% |
| Equity | 10/15 | €52,973 | €40,023 | -€12,951 | -24.4% |
| Contributions | 10/11 | €82,640 | €95,220 | +€12,580 | +15.2% |
| Profit (loss) carried forward | 14 | -€29,667 | -€55,197 | -€25,531 | -86.1% |
| Amounts payable | 17/49 | €29,276 | €26,143 | -€3,133 | -10.7% |
| Amounts payable within one year | 42/48 | €29,276 | €26,099 | -€3,176 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €7,485 | - | -€7,485 | |
| Trade debts | 44 | €18,338 | €19,881 | +€1,543 | +8.4% |
| Suppliers | 440/4 | €18,338 | €19,881 | +€1,543 | +8.4% |
| Taxes, remuneration and social security | 45 | €3,094 | €5,645 | +€2,551 | +82.4% |
| Taxes | 450/3 | €1,384 | €867 | -€517 | -37.4% |
| Remuneration and social security | 454/9 | €1,710 | €4,778 | +€3,068 | +179% |
| Other amounts payable | 47/48 | €359 | €574 | +€215 | +59.9% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Remuneration, social security and pensions | 62 | €31,214 | €34,559 | +€3,346 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,932 | €6,485 | +€554 | +9.3% |
| Other operating charges | 640/8 | €50 | €554 | +€504 | +1,008% |
| Gross operating margin | 9900 | €29,564 | €16,393 | -€13,171 | -44.6% |
| Operating profit (loss) | 9901 | -€7,631 | -€25,206 | -€17,575 | -230% |
| Financial income | 75/76B | €73 | €100 | +€27 | +37.2% |
| Recurring financial income | 75 | €73 | €100 | +€27 | +37.2% |
| Financial charges | 65/66B | €727 | €425 | -€302 | -41.5% |
| Recurring financial charges | 65 | €727 | €425 | -€302 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,285 | -€25,531 | -€17,246 | -208% |
| Profit (loss) for the period | 9904 | -€8,285 | -€25,531 | -€17,246 | -208% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,285 | -€25,531 | -€17,246 | -208% |
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 26 October 2026 via checked.be.