RADISSON LOYALTY MANAGEMENT: 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.
RADISSON LOYALTY MANAGEMENT
Largest movements
- Receivables within one year +€37.2m
up €37.2m (+253%), from €14.7m to €51.9m
of which Other amounts receivable: +€35.8m
- Receivables after one year +€4.0m
up €4.0m (+4.7%), from €86.0m to €90.1m
- Accrued charges and deferred income +€23.6m
up €23.6m (+24.7%), from €95.3m to €118.8m
- Trade debts +€13.2m
up €13.2m (+1,477%), from €893,739 to €14.1m
- Profit (loss) carried forward +€4.0m
up €4.0m (+105%), from €3.7m to €7.7m
- Other operating charges +€12.0m
up €12.0m (+536%), from €2.2m to €14.2m
- Turnover +€8.8m
up €8.8m (+35.0%), from €25.0m to €33.8m
- Financial income +€8.5m
up €8.5m (+559%), from €1.5m to €10.0m
- Goods and materials +€3.0m
up €3.0m (+23.5%), from €12.8m to €15.9m
- Financial charges -€1.8m
down €1.8m (-69.4%), from €2.5m to €773,160
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 | €102,027,324 | €141,948,491 | +€39.9m | +39.1% |
| Current assets | 29/58 | €102,027,324 | €141,948,491 | +€39.9m | +39.1% |
| Amounts receivable after more than one year | 29 | €86,027,760 | €90,066,010 | +€4.0m | +4.7% |
| Other amounts receivable | 291 | €86,027,760 | €90,066,010 | +€4.0m | +4.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €14,699,094 | €51,882,481 | +€37.2m | +253% |
| Trade receivables | 40 | €4,077,155 | €5,482,463 | +€1.4m | +34.5% |
| Other amounts receivable | 41 | €10,621,939 | €46,400,018 | +€35.8m | +337% |
| Cash at bank and in hand | 54/58 | €0 | €0 | -€0 | -100% |
| Deferred charges and accrued income | 490/1 | €1,300,470 | €0 | -€1.3m | -100% |
| Total equity and liabilities | 10/49 | €102,027,324 | €141,948,491 | +€39.9m | +39.1% |
| Equity | 10/15 | €4,569,624 | €8,524,155 | +€4.0m | +86.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €789,997 | €789,997 | = | 0.0% |
| Tax-exempt reserves | 132 | €789,997 | €789,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,749,627 | €7,704,158 | +€4.0m | +105% |
| Amounts payable | 17/49 | €97,457,700 | €133,424,336 | +€36.0m | +36.9% |
| Amounts payable within one year | 42/48 | €2,187,422 | €14,578,723 | +€12.4m | +566% |
| Trade debts | 44 | €893,739 | €14,097,192 | +€13.2m | +1,477% |
| Suppliers | 440/4 | €893,739 | €14,097,192 | +€13.2m | +1,477% |
| Taxes, remuneration and social security | 45 | €1,293,683 | €481,531 | -€812,152 | -62.8% |
| Taxes | 450/3 | €1,293,683 | €481,531 | -€812,152 | -62.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €95,270,278 | €118,845,613 | +€23.6m | +24.7% |
| Operating income | 70/76A | €25,004,767 | €33,758,791 | +€8.8m | +35.0% |
| Turnover | 70 | €25,004,767 | €33,758,791 | +€8.8m | +35.0% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €22,621,056 | €37,621,644 | +€15.0m | +66.3% |
| Goods for resale, raw materials and consumables | 60 | €12,840,625 | €15,856,119 | +€3.0m | +23.5% |
| Purchases | 600/8 | €12,840,625 | €15,856,119 | +€3.0m | +23.5% |
| Services and other goods | 61 | €7,694,820 | €7,549,304 | -€145,516 | -1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€150,165 | -€4,686 | +€145,479 | +96.9% |
| Other operating charges | 640/8 | €2,235,775 | €14,220,906 | +€12.0m | +536% |
| Operating profit (loss) | 9901 | €2,383,711 | -€3,862,853 | -€6.2m | |
| Financial income | 75/76B | €1,517,993 | €10,001,061 | +€8.5m | +559% |
| Recurring financial income | 75 | €1,517,993 | €10,001,061 | +€8.5m | +559% |
| Income from current assets | 751 | €1,300,470 | €5,327,231 | +€4.0m | +310% |
| Other financial income | 752/9 | €217,523 | €4,673,830 | +€4.5m | +2,049% |
| Financial charges | 65/66B | €2,527,968 | €773,160 | -€1.8m | -69.4% |
| Recurring financial charges | 65 | €2,527,968 | €773,160 | -€1.8m | -69.4% |
| Other financial charges | 652/9 | €2,527,968 | €773,160 | -€1.8m | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €1,373,737 | €5,365,048 | +€4.0m | +291% |
| Income taxes | 67/77 | €365,523 | €1,410,517 | +€1.0m | +286% |
| Taxes | 670/3 | €365,523 | €1,410,517 | +€1.0m | +286% |
| Profit (loss) for the period | 9904 | €1,008,214 | €3,954,531 | +€2.9m | +292% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €1,008,214 | €3,954,531 | +€2.9m | +292% |
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.