RADOUX Lambert: 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.
What changed
RADOUX Lambert
NACE 43.120, Site preparation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€50,605
2024 · €92,316-€41,711
Equity
€5.9m
2024 · €5.8m+€50,605
Cash
€116,117
2024 · €55,275+€60,842
Balance sheet total
€8.6m
2024 · €8.7m-€64,470
Largest movements
Assets
- Current investments -€265,000
down €265,000 (-68.7%), from €385,527 to €120,527
- Tangible fixed assets +€175,434
up €175,434 (+2.2%), from €8.2m to €8.3m
of which Land and buildings: +€287,261
Equity and liabilities
- Debts after one year -€100,000
down €100,000 (-21.8%), from €458,333 to €358,333
Income statement
- Depreciation +€54,249
up €54,249 (+35.6%), from €152,554 to €206,803
- Financial income +€11,458
up €11,458 (+29.0%), from €39,528 to €50,986
- Other operating charges +€3,973
up €3,973 (+16.0%), from €24,905 to €28,878
- Gross operating margin +€2,681
up €2,681 (+1.0%), from €263,194 to €265,875
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.
Result 2024
€92,316
Gross operating margin
+€2,681
Depreciation
-€54,249
Other operating charges
-€3,973
Financial income
+€11,458
Financial charges
-€278
Taxes
+€2,651
Deferred taxes and other
-€1
Result 2025
€50,605
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.
From operations
+€277,902
Investment
-€117,060
Financing
-€100,000
Cash 2024
€55,275
From operations (derived)
+€277,902
Net result for the year
+€50,605
Depreciation
+€206,803
Receivables within one year
+€35,569
Provisions
-€7,395
Trade debts
-€10,629
Tax, wage and social debts
+€3,699
Other debts
-€750
Investment (derived)
-€117,060
Investment in fixed assets (net)
-€382,060
Current investments
+€265,000
Financing
-€100,000
Debts after one year
-€100,000
Cash 2025
€116,117
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,667,131 | €8,602,661 | -€64,470 | -0.7% |
| Formation expenses | 20 | €577 | €400 | -€177 | -30.7% |
| Fixed assets | 21/28 | €8,169,689 | €8,345,123 | +€175,434 | +2.1% |
| Tangible fixed assets | 22/27 | €8,153,148 | €8,328,582 | +€175,434 | +2.2% |
| Land and buildings | 22 | €7,587,074 | €7,874,335 | +€287,261 | +3.8% |
| Plant, machinery and equipment | 23 | €563,197 | €445,559 | -€117,638 | -20.9% |
| Furniture and vehicles | 24 | - | €6,160 | +€6,160 | |
| Other tangible fixed assets | 26 | €2,877 | €2,528 | -€349 | -12.1% |
| Financial fixed assets | 28 | €16,541 | €16,541 | = | 0.0% |
| Current assets | 29/58 | €496,865 | €257,138 | -€239,727 | -48.2% |
| Amounts receivable within one year | 40/41 | €56,063 | €20,494 | -€35,569 | -63.4% |
| Trade receivables | 40 | €20,877 | €494 | -€20,383 | -97.6% |
| Other amounts receivable | 41 | €35,186 | €20,000 | -€15,186 | -43.2% |
| Current investments | 50/53 | €385,527 | €120,527 | -€265,000 | -68.7% |
| Cash at bank and in hand | 54/58 | €55,275 | €116,117 | +€60,842 | +110.1% |
| Total equity and liabilities | 10/49 | €8,667,131 | €8,602,661 | -€64,470 | -0.7% |
| Equity | 10/15 | €5,806,246 | €5,856,851 | +€50,605 | +0.9% |
| Contributions | 10/11 | €1,549,823 | €1,549,823 | = | 0.0% |
| Capital | 10 | €1,549,823 | €1,549,823 | = | 0.0% |
| Issued capital | 100 | €1,549,823 | €1,549,823 | = | 0.0% |
| Reserves | 13 | €3,723,278 | €3,704,397 | -€18,881 | -0.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €117,078 | €98,197 | -€18,881 | -16.1% |
| Distributable reserves | 133 | €3,600,000 | €3,600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €533,145 | €602,631 | +€69,486 | +13.0% |
| Provisions and deferred taxes | 16 | €51,716 | €44,321 | -€7,395 | -14.3% |
| Deferred taxes | 168 | €51,716 | €44,321 | -€7,395 | -14.3% |
| Amounts payable | 17/49 | €2,809,169 | €2,701,489 | -€107,680 | -3.8% |
| Amounts payable after more than one year | 17 | €458,333 | €358,333 | -€100,000 | -21.8% |
| Financial debts | 170/4 | €458,333 | €358,333 | -€100,000 | -21.8% |
| Amounts payable within one year | 42/48 | €2,350,836 | €2,343,156 | -€7,680 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €102,500 | €102,500 | = | 0.0% |
| Trade debts | 44 | €21,077 | €10,448 | -€10,629 | -50.4% |
| Suppliers | 440/4 | €21,077 | €10,448 | -€10,629 | -50.4% |
| Taxes, remuneration and social security | 45 | - | €3,699 | +€3,699 | |
| Taxes | 450/3 | - | €3,699 | +€3,699 | |
| Other amounts payable | 47/48 | €2,227,259 | €2,226,509 | -€750 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,554 | €206,803 | +€54,249 | +35.6% |
| Other operating charges | 640/8 | €24,905 | €28,878 | +€3,973 | +16.0% |
| Gross operating margin | 9900 | €263,194 | €265,875 | +€2,681 | +1.0% |
| Operating profit (loss) | 9901 | €85,735 | €30,194 | -€55,541 | -64.8% |
| Financial income | 75/76B | €39,528 | €50,986 | +€11,458 | +29.0% |
| Recurring financial income | 75 | €39,528 | €50,986 | +€11,458 | +29.0% |
| Financial charges | 65/66B | €3,046 | €3,324 | +€278 | +9.1% |
| Recurring financial charges | 65 | €3,046 | €3,324 | +€278 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €122,217 | €77,856 | -€44,361 | -36.3% |
| Transfer from deferred taxes | 780 | €7,395 | €7,394 | -€1 | 0.0% |
| Income taxes | 67/77 | €37,296 | €34,645 | -€2,651 | -7.1% |
| Profit (loss) for the period | 9904 | €92,316 | €50,605 | -€41,711 | -45.2% |
| Transfer from tax-exempt reserves | 789 | €18,881 | €18,881 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,197 | €69,486 | -€41,711 | -37.5% |
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 3 October 2026 via checked.be.