RADONC: 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.
RADONC
Largest movements
- Cash +€162,385
up €162,385 (+76.4%), from €212,515 to €374,900
mainly Net result for the year (+€385,733) and Depreciation (+€13,579)
- Current investments +€100,000
new in 2025: €100,000
- Deferred charges and accrued income +€66,650
up €66,650 (+49.0%), from €136,073 to €202,723
- Receivables within one year +€54,729
new in 2025: €54,729
- Tangible fixed assets -€11,552
down €11,552 (-18.4%), from €62,734 to €51,182
of which Furniture and vehicles: -€11,359
- Profit (loss) carried forward +€385,733
up €385,733 (+127.3%), from €303,062 to €688,796
- Debts after one year -€11,175
down €11,175 (-37.5%), from €29,835 to €18,660
- Gross operating margin +€112,717
up €112,717 (+27.4%), from €411,898 to €524,615
- Taxes +€21,644
up €21,644 (+21.2%), from €101,919 to €123,563
- Depreciation +€8,008
up €8,008 (+143.8%), from €5,570 to €13,579
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 | €411,322 | €783,534 | +€372,213 | +90.5% |
| Fixed assets | 21/28 | €62,734 | €51,182 | -€11,552 | -18.4% |
| Tangible fixed assets | 22/27 | €62,734 | €51,182 | -€11,552 | -18.4% |
| Plant, machinery and equipment | 23 | €1,810 | €1,618 | -€192 | -10.6% |
| Furniture and vehicles | 24 | €60,924 | €49,564 | -€11,359 | -18.6% |
| Current assets | 29/58 | €348,588 | €732,353 | +€383,765 | +110.1% |
| Amounts receivable within one year | 40/41 | - | €54,729 | +€54,729 | |
| Other amounts receivable | 41 | - | €54,729 | +€54,729 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €212,515 | €374,900 | +€162,385 | +76.4% |
| Deferred charges and accrued income | 490/1 | €136,073 | €202,723 | +€66,650 | +49.0% |
| Total equity and liabilities | 10/49 | €411,322 | €783,534 | +€372,213 | +90.5% |
| Equity | 10/15 | €309,062 | €694,796 | +€385,733 | +124.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,062 | €688,796 | +€385,733 | +127.3% |
| Amounts payable | 17/49 | €102,259 | €88,739 | -€13,521 | -13.2% |
| Amounts payable after more than one year | 17 | €29,835 | €18,660 | -€11,175 | -37.5% |
| Financial debts | 170/4 | €29,835 | €18,660 | -€11,175 | -37.5% |
| Amounts payable within one year | 42/48 | €71,417 | €70,079 | -€1,338 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €10,725 | €11,175 | +€450 | +4.2% |
| Trade debts | 44 | €6,751 | €1,597 | -€5,154 | -76.3% |
| Suppliers | 440/4 | €6,751 | €1,597 | -€5,154 | -76.3% |
| Taxes, remuneration and social security | 45 | €53,743 | €57,306 | +€3,564 | +6.6% |
| Taxes | 450/3 | €53,743 | €57,306 | +€3,564 | +6.6% |
| Other amounts payable | 47/48 | €198 | - | -€198 | |
| Accrued charges and deferred income | 492/3 | €1,007 | - | -€1,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,570 | €13,579 | +€8,008 | +143.8% |
| Other operating charges | 640/8 | €455 | €176 | -€280 | -61.4% |
| Gross operating margin | 9900 | €411,898 | €524,615 | +€112,717 | +27.4% |
| Operating profit (loss) | 9901 | €405,872 | €510,860 | +€104,988 | +25.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €890 | €1,564 | +€673 | +75.6% |
| Recurring financial charges | 65 | €890 | €1,564 | +€673 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | €404,982 | €509,297 | +€104,315 | +25.8% |
| Income taxes | 67/77 | €101,919 | €123,563 | +€21,644 | +21.2% |
| Profit (loss) for the period | 9904 | €303,062 | €385,733 | +€82,671 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €303,062 | €385,733 | +€82,671 | +27.3% |
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 9 October 2026 via checked.be.