RADOETECH: 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.
RADOETECH
Largest movements
- Cash -€49,824
down €49,824 (-56.9%), from €87,589 to €37,765
mainly Contributions, distributions and other (-€85,540) and Receivables within one year (-€14,665)
- Receivables within one year +€14,665
up €14,665 (+32.8%), from €44,751 to €59,416
of which Other amounts receivable: +€8,112
- Tangible fixed assets -€3,603
down €3,603 (-38.5%), from €9,365 to €5,762
- Profit (loss) carried forward -€58,246
no longer reported in 2025 (was €58,246)
- Other debts +€22,854
up €22,854 (+27.3%), from €83,606 to €106,460
- Trade debts -€8,454
down €8,454 (-79.7%), from €10,606 to €2,153
- Tax, wage and social debts +€3,953
up €3,953 (+148%), from €2,667 to €6,620
- Gross operating margin -€34,595
down €34,595 (-43.4%), from €79,732 to €45,137
- Taxes -€7,208
down €7,208 (-51.1%), from €14,096 to €6,888
- Depreciation -€1,049
down €1,049 (-16.5%), from €6,356 to €5,307
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 | €157,626 | €117,733 | -€39,893 | -25.3% |
| Fixed assets | 21/28 | €9,728 | €6,125 | -€3,603 | -37.0% |
| Tangible fixed assets | 22/27 | €9,365 | €5,762 | -€3,603 | -38.5% |
| Furniture and vehicles | 24 | €9,365 | €5,762 | -€3,603 | -38.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €147,897 | €111,608 | -€36,290 | -24.5% |
| Stocks and contracts in progress | 3 | €10,755 | €9,845 | -€910 | -8.5% |
| Stocks | 30/36 | €10,755 | €9,845 | -€910 | -8.5% |
| Amounts receivable within one year | 40/41 | €44,751 | €59,416 | +€14,665 | +32.8% |
| Trade receivables | 40 | €43,820 | €50,373 | +€6,553 | +15.0% |
| Other amounts receivable | 41 | €931 | €9,043 | +€8,112 | +871% |
| Cash at bank and in hand | 54/58 | €87,589 | €37,765 | -€49,824 | -56.9% |
| Deferred charges and accrued income | 490/1 | €4,803 | €4,582 | -€221 | -4.6% |
| Total equity and liabilities | 10/49 | €157,626 | €117,733 | -€39,893 | -25.3% |
| Equity | 10/15 | €60,746 | €2,500 | -€58,246 | -95.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,246 | - | -€58,246 | |
| Amounts payable | 17/49 | €96,880 | €115,233 | +€18,353 | +18.9% |
| Amounts payable within one year | 42/48 | €96,880 | €115,233 | +€18,353 | +18.9% |
| Trade debts | 44 | €10,606 | €2,153 | -€8,454 | -79.7% |
| Suppliers | 440/4 | €10,606 | €2,153 | -€8,454 | -79.7% |
| Taxes, remuneration and social security | 45 | €2,667 | €6,620 | +€3,953 | +148% |
| Taxes | 450/3 | €2,667 | €6,620 | +€3,953 | +148% |
| Other amounts payable | 47/48 | €83,606 | €106,460 | +€22,854 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,356 | €5,307 | -€1,049 | -16.5% |
| Other operating charges | 640/8 | €53 | €55 | +€2 | +3.8% |
| Non-recurring operating charges | 66A | - | €2,303 | +€2,303 | |
| Gross operating margin | 9900 | €79,732 | €45,137 | -€34,595 | -43.4% |
| Operating profit (loss) | 9901 | €73,323 | €37,473 | -€35,850 | -48.9% |
| Financial charges | 65/66B | €2,985 | €3,290 | +€305 | +10.2% |
| Recurring financial charges | 65 | €2,985 | €3,290 | +€305 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €70,337 | €34,183 | -€36,155 | -51.4% |
| Income taxes | 67/77 | €14,096 | €6,888 | -€7,208 | -51.1% |
| Profit (loss) for the period | 9904 | €56,241 | €27,294 | -€28,947 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,241 | €27,294 | -€28,947 | -51.5% |
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.