RADIUZ: 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.
RADIUZ
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+566.4%), from €309,741 to €2.1m
of which Land and buildings: +€1.8m
- Cash +€79,082
up €79,082 (+4086.9%), from €1,935 to €81,017
mainly Short-term financial debts (+€960,000) and Other debts (+€572,094)
- Receivables within one year -€64,562
down €64,562 (-98.9%), from €65,267 to €706
- Short-term financial debts +€960,000
new in 2025: €960,000
- Other debts +€572,094
up €572,094 (+149.9%), from €381,632 to €953,725
- Debts after one year +€448,000
new in 2025: €448,000
- Profit (loss) carried forward -€265,200
down €265,200 (-3430.4%), from -€7,731 to -€272,931
- Current portion of long-term debt +€32,000
new in 2025: €32,000
- Depreciation +€216,000
new in 2025: €216,000
- Gross operating margin -€24,375
down €24,375 (-1222.9%), from -€1,993 to -€26,369
- Financial charges +€16,968
up €16,968 (+319.5%), from €5,310 to €22,278
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 | €376,943 | €2,145,851 | +€1.8m | +469.3% |
| Fixed assets | 21/28 | €309,741 | €2,064,128 | +€1.8m | +566.4% |
| Tangible fixed assets | 22/27 | €309,741 | €2,064,128 | +€1.8m | +566.4% |
| Land and buildings | 22 | - | €1,800,000 | +€1.8m | |
| Assets under construction and advance payments | 27 | €309,741 | €264,128 | -€45,613 | -14.7% |
| Current assets | 29/58 | €67,202 | €81,723 | +€14,521 | +21.6% |
| Amounts receivable within one year | 40/41 | €65,267 | €706 | -€64,562 | -98.9% |
| Other amounts receivable | 41 | €65,267 | €706 | -€64,562 | -98.9% |
| Cash at bank and in hand | 54/58 | €1,935 | €81,017 | +€79,082 | +4086.9% |
| Total equity and liabilities | 10/49 | €376,943 | €2,145,851 | +€1.8m | +469.3% |
| Equity | 10/15 | -€5,731 | -€270,931 | -€265,200 | -4627.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,731 | -€272,931 | -€265,200 | -3430.4% |
| Amounts payable | 17/49 | €382,674 | €2,416,782 | +€2.0m | +531.6% |
| Amounts payable after more than one year | 17 | - | €448,000 | +€448,000 | |
| Financial debts | 170/4 | - | €448,000 | +€448,000 | |
| Amounts payable within one year | 42/48 | €382,424 | €1,962,342 | +€1.6m | +413.1% |
| Current portion of amounts payable after more than one year | 42 | - | €32,000 | +€32,000 | |
| Financial debts | 43 | - | €960,000 | +€960,000 | |
| Credit institutions | 430/8 | - | €960,000 | +€960,000 | |
| Trade debts | 44 | €792 | €1,448 | +€656 | +82.7% |
| Suppliers | 440/4 | €792 | €1,448 | +€656 | +82.7% |
| Taxes, remuneration and social security | 45 | - | €15,168 | +€15,168 | |
| Taxes | 450/3 | - | €15,168 | +€15,168 | |
| Other amounts payable | 47/48 | €381,632 | €953,725 | +€572,094 | +149.9% |
| Accrued charges and deferred income | 492/3 | €250 | €6,440 | +€6,190 | +2476.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €216,000 | +€216,000 | |
| Other operating charges | 640/8 | €427 | €553 | +€125 | +29.3% |
| Gross operating margin | 9900 | -€1,993 | -€26,369 | -€24,375 | -1222.9% |
| Operating profit (loss) | 9901 | -€2,421 | -€242,921 | -€240,501 | -9935.4% |
| Financial charges | 65/66B | €5,310 | €22,278 | +€16,968 | +319.5% |
| Recurring financial charges | 65 | €5,310 | €22,278 | +€16,968 | +319.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,731 | -€265,200 | -€257,469 | -3330.4% |
| Profit (loss) for the period | 9904 | -€7,731 | -€265,200 | -€257,469 | -3330.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,731 | -€265,200 | -€257,469 | -3330.4% |
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 5 October 2026 via checked.be.