RADROZ: 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.
RADROZ
Largest movements
- Receivables within one year -€42,559
down €42,559 (-15.0%), from €284,124 to €241,565
- Current investments -€37,466
down €37,466 (-64.4%), from €58,137 to €20,670
- Cash +€21,146
up €21,146 (+53.2%), from €39,744 to €60,890
mainly Net result for the year (+€65,655) and Receivables within one year (+€42,559)
- Tangible fixed assets +€8,644
up €8,644 (+127.6%), from €6,776 to €15,420
of which Furniture and vehicles: +€10,362
- Other debts -€114,323
down €114,323 (-45.8%), from €249,671 to €135,348
- Reserves +€65,655
up €65,655 (+56.5%), from €116,141 to €181,796
- Tax, wage and social debts -€8,448
down €8,448 (-39.3%), from €21,475 to €13,028
- Trade debts +€7,532
up €7,532 (+735.4%), from €1,024 to €8,556
- Gross operating margin +€22,498
up €22,498 (+35.3%), from €63,803 to €86,302
- Taxes +€4,040
up €4,040 (+18.0%), from €22,406 to €26,446
- Depreciation +€3,434
up €3,434 (+78.8%), from €4,360 to €7,794
- Financial charges +€2,751
up €2,751 (+40.1%), from €6,864 to €9,615
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 | €406,912 | €357,328 | -€49,584 | -12.2% |
| Fixed assets | 21/28 | €6,776 | €15,420 | +€8,644 | +127.6% |
| Tangible fixed assets | 22/27 | €6,776 | €15,420 | +€8,644 | +127.6% |
| Land and buildings | 22 | €1,401 | €596 | -€805 | -57.5% |
| Plant, machinery and equipment | 23 | €2,125 | €1,212 | -€912 | -42.9% |
| Furniture and vehicles | 24 | €3,250 | €13,612 | +€10,362 | +318.8% |
| Current assets | 29/58 | €400,136 | €341,907 | -€58,228 | -14.6% |
| Amounts receivable after more than one year | 29 | €17,243 | €17,979 | +€737 | +4.3% |
| Trade receivables | 290 | €17,243 | €17,979 | +€737 | +4.3% |
| Amounts receivable within one year | 40/41 | €284,124 | €241,565 | -€42,559 | -15.0% |
| Other amounts receivable | 41 | €284,124 | €241,565 | -€42,559 | -15.0% |
| Current investments | 50/53 | €58,137 | €20,670 | -€37,466 | -64.4% |
| Cash at bank and in hand | 54/58 | €39,744 | €60,890 | +€21,146 | +53.2% |
| Deferred charges and accrued income | 490/1 | €888 | €803 | -€85 | -9.6% |
| Total equity and liabilities | 10/49 | €406,912 | €357,328 | -€49,584 | -12.2% |
| Equity | 10/15 | €134,741 | €200,396 | +€65,655 | +48.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,141 | €181,796 | +€65,655 | +56.5% |
| Distributable reserves | 133 | €116,141 | €181,796 | +€65,655 | +56.5% |
| Amounts payable | 17/49 | €272,170 | €156,932 | -€115,239 | -42.3% |
| Amounts payable within one year | 42/48 | €272,170 | €156,932 | -€115,239 | -42.3% |
| Trade debts | 44 | €1,024 | €8,556 | +€7,532 | +735.4% |
| Suppliers | 440/4 | €1,024 | €8,556 | +€7,532 | +735.4% |
| Taxes, remuneration and social security | 45 | €21,475 | €13,028 | -€8,448 | -39.3% |
| Taxes | 450/3 | €21,475 | €13,028 | -€8,448 | -39.3% |
| Other amounts payable | 47/48 | €249,671 | €135,348 | -€114,323 | -45.8% |
| Remuneration, social security and pensions | 62 | €172 | €172 | -€0 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,360 | €7,794 | +€3,434 | +78.8% |
| Other operating charges | 640/8 | €1,102 | €1,173 | +€70 | +6.4% |
| Gross operating margin | 9900 | €63,803 | €86,302 | +€22,498 | +35.3% |
| Operating profit (loss) | 9901 | €58,169 | €77,163 | +€18,994 | +32.7% |
| Financial income | 75/76B | €23,902 | €24,552 | +€650 | +2.7% |
| Recurring financial income | 75 | €23,902 | €24,552 | +€650 | +2.7% |
| Financial charges | 65/66B | €6,864 | €9,615 | +€2,751 | +40.1% |
| Recurring financial charges | 65 | €6,864 | €9,615 | +€2,751 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €75,207 | €92,101 | +€16,894 | +22.5% |
| Income taxes | 67/77 | €22,406 | €26,446 | +€4,040 | +18.0% |
| Profit (loss) for the period | 9904 | €52,801 | €65,655 | +€12,854 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,801 | €65,655 | +€12,854 | +24.3% |
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.