Radixs: 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.
Radixs
Largest movements
- Cash +€9,260
up €9,260 (+13.7%), from €67,387 to €76,647
mainly Net result for the year (+€33,013) and Depreciation (+€1,211)
- Deferred charges and accrued income +€9,227
up €9,227 (+625%), from €1,476 to €10,702
- Tangible fixed assets +€4,708
up €4,708 (+334%), from €1,411 to €6,119
- Stocks and contracts +€1,846
up €1,846 (+109%), from €1,693 to €3,539
- Reserves +€32,180
up €32,180 (+60.2%), from €53,480 to €85,660
- Tax, wage and social debts -€5,283
down €5,283 (-34.1%), from €15,485 to €10,201
of which Taxes: -€5,139
- Trade debts -€2,469
down €2,469 (-44.9%), from €5,503 to €3,034
- Gross operating margin -€10,752
down €10,752 (-19.4%), from €55,541 to €44,789
- Taxes -€2,777
down €2,777 (-24.4%), from €11,379 to €8,602
- Depreciation +€1,197
up €1,197 (+8,359%), from €14 to €1,211
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 | €80,028 | €104,642 | +€24,614 | +30.8% |
| Fixed assets | 21/28 | €1,411 | €6,119 | +€4,708 | +334% |
| Tangible fixed assets | 22/27 | €1,411 | €6,119 | +€4,708 | +334% |
| Furniture and vehicles | 24 | €1,411 | €6,119 | +€4,708 | +334% |
| Current assets | 29/58 | €78,617 | €98,523 | +€19,906 | +25.3% |
| Stocks and contracts in progress | 3 | €1,693 | €3,539 | +€1,846 | +109% |
| Stocks | 30/36 | €1,693 | €3,539 | +€1,846 | +109% |
| Amounts receivable within one year | 40/41 | €8,061 | €7,635 | -€426 | -5.3% |
| Trade receivables | 40 | €7,778 | €4,974 | -€2,804 | -36.1% |
| Other amounts receivable | 41 | €283 | €2,661 | +€2,378 | +841% |
| Cash at bank and in hand | 54/58 | €67,387 | €76,647 | +€9,260 | +13.7% |
| Deferred charges and accrued income | 490/1 | €1,476 | €10,702 | +€9,227 | +625% |
| Total equity and liabilities | 10/49 | €80,028 | €104,642 | +€24,614 | +30.8% |
| Equity | 10/15 | €58,480 | €90,660 | +€32,180 | +55.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,480 | €85,660 | +€32,180 | +60.2% |
| Distributable reserves | 133 | €53,480 | €85,660 | +€32,180 | +60.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,548 | €13,982 | -€7,566 | -35.1% |
| Amounts payable within one year | 42/48 | €21,548 | €13,982 | -€7,566 | -35.1% |
| Trade debts | 44 | €5,503 | €3,034 | -€2,469 | -44.9% |
| Suppliers | 440/4 | €5,503 | €3,034 | -€2,469 | -44.9% |
| Taxes, remuneration and social security | 45 | €15,485 | €10,201 | -€5,283 | -34.1% |
| Taxes | 450/3 | €13,899 | €8,760 | -€5,139 | -37.0% |
| Remuneration and social security | 454/9 | €1,586 | €1,441 | -€145 | -9.1% |
| Other amounts payable | 47/48 | €560 | €747 | +€187 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14 | €1,211 | +€1,197 | +8,359% |
| Other operating charges | 640/8 | €464 | €623 | +€158 | +34.1% |
| Non-recurring operating charges | 66A | - | €1,010 | +€1,010 | |
| Gross operating margin | 9900 | €55,541 | €44,789 | -€10,752 | -19.4% |
| Operating profit (loss) | 9901 | €55,062 | €41,945 | -€13,118 | -23.8% |
| Financial income | 75/76B | €1 | €30 | +€29 | +3,895% |
| Recurring financial income | 75 | €1 | €30 | +€29 | +3,895% |
| Financial charges | 65/66B | €102 | €359 | +€257 | +252% |
| Recurring financial charges | 65 | €102 | €359 | +€257 | +252% |
| Profit (loss) for the period before taxes | 9903 | €54,961 | €41,615 | -€13,346 | -24.3% |
| Income taxes | 67/77 | €11,379 | €8,602 | -€2,777 | -24.4% |
| Profit (loss) for the period | 9904 | €43,582 | €33,013 | -€10,569 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,582 | €33,013 | -€10,569 | -24.3% |
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 24 October 2026 via checked.be.