RADIUS: what changed
Two fiscal 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.
RADIUS
Largest movements
- Receivables within one year -€46,206
down €46,206 (-25.1%), from €184,154 to €137,948
of which Other amounts receivable: -€49,826
- Deferred charges and accrued income -€11,746
down €11,746 (-59.8%), from €19,644 to €7,898
- Cash +€7,294
up €7,294 (+3213.9%), from €227 to €7,521
mainly Receivables within one year (+€46,206) and Net result for the year (+€34,197)
- Tangible fixed assets -€6,392
down €6,392 (-3.3%), from €193,540 to €187,148
of which Land and buildings: -€6,210
- Profit (loss) carried forward -€99,803
down €99,803 (-93.7%), from €106,505 to €6,702
- Reserves +€28,800
up €28,800 (+30.0%), from €96,159 to €124,959
- Current portion of long-term debt +€8,814
up €8,814 (+30.7%), from €28,750 to €37,563
- Other debts +€5,200
new in 2025: €5,200
- Tax, wage and social debts +€4,080
up €4,080 (+42.9%), from €9,510 to €13,590
- Gross operating margin +€4,944
up €4,944 (+9.1%), from €54,221 to €59,165
- Financial income -€3,442
down €3,442 (-33.0%), from €10,443 to €7,001
- Taxes +€642
up €642 (+3.8%), from €16,824 to €17,466
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.
Cash bridge derived
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 | €397,639 | €340,590 | -€57,049 | -14.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €193,615 | €187,223 | -€6,392 | -3.3% |
| Tangible fixed assets | 22/27 | €193,540 | €187,148 | -€6,392 | -3.3% |
| Land and buildings | 22 | €192,740 | €186,530 | -€6,210 | -3.2% |
| Plant, machinery and equipment | 23 | €800 | €618 | -€182 | -22.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €204,025 | €153,367 | -€50,658 | -24.8% |
| Amounts receivable within one year | 40/41 | €184,154 | €137,948 | -€46,206 | -25.1% |
| Trade receivables | 40 | €8,386 | €12,006 | +€3,620 | +43.2% |
| Other amounts receivable | 41 | €175,768 | €125,941 | -€49,826 | -28.3% |
| Cash at bank and in hand | 54/58 | €227 | €7,521 | +€7,294 | +3213.9% |
| Deferred charges and accrued income | 490/1 | €19,644 | €7,898 | -€11,746 | -59.8% |
| Total equity and liabilities | 10/49 | €397,639 | €340,590 | -€57,049 | -14.3% |
| Equity | 10/15 | €215,064 | €144,061 | -€71,003 | -33.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €96,159 | €124,959 | +€28,800 | +30.0% |
| Distributable reserves | 133 | €96,159 | €124,959 | +€28,800 | +30.0% |
| Profit (loss) carried forward | 14 | €106,505 | €6,702 | -€99,803 | -93.7% |
| Amounts payable | 17/49 | €182,575 | €196,529 | +€13,954 | +7.6% |
| Amounts payable after more than one year | 17 | €137,582 | €136,082 | -€1,500 | -1.1% |
| Financial debts | 170/4 | €137,582 | €136,082 | -€1,500 | -1.1% |
| Amounts payable within one year | 42/48 | €44,993 | €60,447 | +€15,454 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €28,750 | €37,563 | +€8,814 | +30.7% |
| Trade debts | 44 | €6,734 | €4,093 | -€2,640 | -39.2% |
| Suppliers | 440/4 | €6,734 | €4,093 | -€2,640 | -39.2% |
| Taxes, remuneration and social security | 45 | €9,510 | €13,590 | +€4,080 | +42.9% |
| Taxes | 450/3 | €9,510 | €13,590 | +€4,080 | +42.9% |
| Other amounts payable | 47/48 | - | €5,200 | +€5,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,318 | €6,392 | +€73 | +1.2% |
| Other operating charges | 640/8 | €1,270 | €1,270 | +€0 | 0.0% |
| Non-recurring operating charges | 66A | €729 | - | -€729 | |
| Gross operating margin | 9900 | €54,221 | €59,165 | +€4,944 | +9.1% |
| Operating profit (loss) | 9901 | €45,904 | €51,503 | +€5,599 | +12.2% |
| Financial income | 75/76B | €10,443 | €7,001 | -€3,442 | -33.0% |
| Recurring financial income | 75 | €10,443 | €7,001 | -€3,442 | -33.0% |
| Financial charges | 65/66B | €6,489 | €6,840 | +€351 | +5.4% |
| Recurring financial charges | 65 | €6,489 | €6,840 | +€351 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €49,858 | €51,663 | +€1,806 | +3.6% |
| Income taxes | 67/77 | €16,824 | €17,466 | +€642 | +3.8% |
| Profit (loss) for the period | 9904 | €33,033 | €34,197 | +€1,164 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,033 | €34,197 | +€1,164 | +3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.