RADIX VASTGOED: what changed
RADIX VASTGOED
Largest movements
- Cash +€52,555
up €52,555 (+58.1%), from €90,458 to €143,013
mainly Net result for the year (+€59,874) and Depreciation (+€19,396)
- Receivables within one year +€16,331
up €16,331 (+70.9%), from €23,047 to €39,377
of which Trade receivables: +€16,277
- Intangible fixed assets -€11,000
down €11,000 (-12.5%), from €88,000 to €77,000
- Profit (loss) carried forward +€59,874
up €59,874, from -€41,124 to €18,749
- Tax, wage and social debts -€12,519
down €12,519 (-53.7%), from €23,318 to €10,800
of which Remuneration and social security: -€6,347
- Other debts +€10,101
up €10,101 (+5.7%), from €176,566 to €186,667
- Taxes +€11,741
up €11,741 (+5,599%), from €210 to €11,951
- Gross operating margin +€3,871
up €3,871 (+3.1%), from €124,539 to €128,410
- Depreciation +€2,875
up €2,875 (+17.4%), from €16,521 to €19,396
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,814 | €302,057 | +€60,244 | +24.9% |
| Fixed assets | 21/28 | €128,260 | €119,540 | -€8,720 | -6.8% |
| Intangible fixed assets | 21 | €88,000 | €77,000 | -€11,000 | -12.5% |
| Tangible fixed assets | 22/27 | €37,391 | €39,671 | +€2,280 | +6.1% |
| Plant, machinery and equipment | 23 | €6,000 | €11,042 | +€5,042 | +84.0% |
| Furniture and vehicles | 24 | €6,069 | €5,926 | -€143 | -2.4% |
| Other tangible fixed assets | 26 | €25,323 | €22,703 | -€2,619 | -10.3% |
| Financial fixed assets | 28 | €2,868 | €2,868 | = | 0.0% |
| Current assets | 29/58 | €113,554 | €182,518 | +€68,964 | +60.7% |
| Amounts receivable within one year | 40/41 | €23,047 | €39,377 | +€16,331 | +70.9% |
| Trade receivables | 40 | €23,047 | €39,324 | +€16,277 | +70.6% |
| Other amounts receivable | 41 | - | €54 | +€54 | |
| Cash at bank and in hand | 54/58 | €90,458 | €143,013 | +€52,555 | +58.1% |
| Deferred charges and accrued income | 490/1 | €50 | €128 | +€78 | +158% |
| Total equity and liabilities | 10/49 | €241,814 | €302,057 | +€60,244 | +24.9% |
| Equity | 10/15 | €18,876 | €78,749 | +€59,874 | +317% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,124 | €18,749 | +€59,874 | |
| Amounts payable | 17/49 | €222,938 | €223,308 | +€370 | +0.2% |
| Amounts payable within one year | 42/48 | €222,938 | €223,308 | +€370 | +0.2% |
| Trade debts | 44 | €23,054 | €25,567 | +€2,513 | +10.9% |
| Suppliers | 440/4 | €23,054 | €25,567 | +€2,513 | +10.9% |
| Advances received on contracts in progress | 46 | - | €274 | +€274 | |
| Taxes, remuneration and social security | 45 | €23,318 | €10,800 | -€12,519 | -53.7% |
| Taxes | 450/3 | €16,955 | €10,784 | -€6,171 | -36.4% |
| Remuneration and social security | 454/9 | €6,363 | €16 | -€6,347 | -99.8% |
| Other amounts payable | 47/48 | €176,566 | €186,667 | +€10,101 | +5.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34,957 | €35,736 | +€779 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,521 | €19,396 | +€2,875 | +17.4% |
| Other operating charges | 640/8 | €981 | €937 | -€43 | -4.4% |
| Gross operating margin | 9900 | €124,539 | €128,410 | +€3,871 | +3.1% |
| Operating profit (loss) | 9901 | €72,081 | €72,340 | +€260 | +0.4% |
| Financial income | 75/76B | €8 | €255 | +€246 | +2,976% |
| Recurring financial income | 75 | €8 | €255 | +€246 | +2,976% |
| Financial charges | 65/66B | €14 | €771 | +€757 | +5,366% |
| Recurring financial charges | 65 | €14 | €771 | +€757 | +5,366% |
| Profit (loss) for the period before taxes | 9903 | €72,075 | €71,824 | -€250 | -0.3% |
| Income taxes | 67/77 | €210 | €11,951 | +€11,741 | +5,599% |
| Profit (loss) for the period | 9904 | €71,865 | €59,874 | -€11,991 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,865 | €59,874 | -€11,991 | -16.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.