RADU: 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.
RADU
Largest movements
- Receivables within one year +€31,560
up €31,560 (+38.2%), from €82,704 to €114,264
of which Trade receivables: +€32,510
- Cash -€5,786
down €5,786 (-7.9%), from €72,787 to €67,001
mainly Receivables within one year (-€31,560) and Tax, wage and social debts (-€30,189)
- Tangible fixed assets -€4,915
down €4,915 (-20.3%), from €24,247 to €19,333
of which Furniture and vehicles: -€3,560
- Tax, wage and social debts -€30,189
down €30,189 (-78.5%), from €38,464 to €8,274
of which Remuneration and social security: -€22,474
- Trade debts +€29,687
up €29,687 (+38.1%), from €77,868 to €107,555
of which Bills of exchange payable: +€17,835
- Profit (loss) carried forward +€8,818
up €8,818 (+15.8%), from €55,843 to €64,661
- Debts after one year +€5,259
new in 2025: €5,259
- Other debts +€3,909
up €3,909 (+152.5%), from €2,564 to €6,473
- Staff costs +€15,765
up €15,765 (+217.4%), from €7,251 to €23,016
- Gross operating margin +€5,097
up €5,097 (+12.8%), from €39,859 to €44,956
- Depreciation +€4,650
up €4,650 (+300.5%), from €1,547 to €6,197
- Taxes -€3,196
down €3,196 (-53.9%), from €5,931 to €2,736
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 | €179,738 | €201,242 | +€21,504 | +12.0% |
| Fixed assets | 21/28 | €24,247 | €19,333 | -€4,915 | -20.3% |
| Tangible fixed assets | 22/27 | €24,247 | €19,333 | -€4,915 | -20.3% |
| Plant, machinery and equipment | 23 | €4,093 | €2,739 | -€1,354 | -33.1% |
| Furniture and vehicles | 24 | €20,154 | €16,594 | -€3,560 | -17.7% |
| Current assets | 29/58 | €155,491 | €181,909 | +€26,419 | +17.0% |
| Amounts receivable within one year | 40/41 | €82,704 | €114,264 | +€31,560 | +38.2% |
| Trade receivables | 40 | €79,100 | €111,610 | +€32,510 | +41.1% |
| Other amounts receivable | 41 | €3,604 | €2,654 | -€950 | -26.4% |
| Cash at bank and in hand | 54/58 | €72,787 | €67,001 | -€5,786 | -7.9% |
| Deferred charges and accrued income | 490/1 | - | €645 | +€645 | |
| Total equity and liabilities | 10/49 | €179,738 | €201,242 | +€21,504 | +12.0% |
| Equity | 10/15 | €60,843 | €69,661 | +€8,818 | +14.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,843 | €64,661 | +€8,818 | +15.8% |
| Amounts payable | 17/49 | €118,895 | €131,582 | +€12,686 | +10.7% |
| Amounts payable after more than one year | 17 | - | €5,259 | +€5,259 | |
| Financial debts | 170/4 | - | €5,259 | +€5,259 | |
| Amounts payable within one year | 42/48 | €118,895 | €125,673 | +€6,778 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,371 | +€3,371 | |
| Trade debts | 44 | €77,868 | €107,555 | +€29,687 | +38.1% |
| Suppliers | 440/4 | €16,683 | €28,536 | +€11,852 | +71.0% |
| Bills of exchange payable | 441 | €61,185 | €79,019 | +€17,835 | +29.1% |
| Taxes, remuneration and social security | 45 | €38,464 | €8,274 | -€30,189 | -78.5% |
| Taxes | 450/3 | €11,339 | €3,624 | -€7,715 | -68.0% |
| Remuneration and social security | 454/9 | €27,125 | €4,651 | -€22,474 | -82.9% |
| Other amounts payable | 47/48 | €2,564 | €6,473 | +€3,909 | +152.5% |
| Accrued charges and deferred income | 492/3 | - | €650 | +€650 | |
| Remuneration, social security and pensions | 62 | €7,251 | €23,016 | +€15,765 | +217.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,547 | €6,197 | +€4,650 | +300.5% |
| Other operating charges | 640/8 | - | €285 | +€285 | |
| Gross operating margin | 9900 | €39,859 | €44,956 | +€5,097 | +12.8% |
| Operating profit (loss) | 9901 | €31,061 | €15,458 | -€15,602 | -50.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,089 | €3,905 | -€184 | -4.5% |
| Recurring financial charges | 65 | €4,089 | €3,905 | -€184 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €26,973 | €11,553 | -€15,419 | -57.2% |
| Income taxes | 67/77 | €5,931 | €2,736 | -€3,196 | -53.9% |
| Profit (loss) for the period | 9904 | €21,041 | €8,818 | -€12,224 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,041 | €8,818 | -€12,224 | -58.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.