RADULESCU ANDREEA: 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.
RADULESCU ANDREEA
Largest movements
- Cash -€75,082
down €75,082 (-22.0%), from €340,921 to €265,838
mainly Investment in fixed assets (net) (-€104,705) and Deferred charges and accrued income (-€29,995)
- Tangible fixed assets +€68,404
up €68,404 (+24.5%), from €279,546 to €347,950
of which Land and buildings: +€227,383
- Deferred charges and accrued income +€29,995
up €29,995 (+71.0%), from €42,221 to €72,216
- Reserves +€27,235
up €27,235 (+23.1%), from €117,701 to €144,936
- Depreciation +€19,107
up €19,107 (+111%), from €17,193 to €36,301
- Gross operating margin -€10,715
down €10,715 (-12.4%), from €86,659 to €75,944
- Taxes -€7,799
down €7,799 (-41.6%), from €18,751 to €10,953
- Financial income -€3,833
down €3,833 (-74.7%), from €5,131 to €1,297
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 | €664,100 | €691,714 | +€27,614 | +4.2% |
| Fixed assets | 21/28 | €280,885 | €349,289 | +€68,404 | +24.4% |
| Tangible fixed assets | 22/27 | €279,546 | €347,950 | +€68,404 | +24.5% |
| Land and buildings | 22 | - | €227,383 | +€227,383 | |
| Plant, machinery and equipment | 23 | €2,523 | €35,878 | +€33,355 | +1,322% |
| Furniture and vehicles | 24 | €36,970 | €19,460 | -€17,510 | -47.4% |
| Other tangible fixed assets | 26 | - | €65,229 | +€65,229 | |
| Assets under construction and advance payments | 27 | €240,053 | - | -€240,053 | |
| Financial fixed assets | 28 | €1,339 | €1,339 | = | 0.0% |
| Current assets | 29/58 | €383,215 | €342,425 | -€40,790 | -10.6% |
| Amounts receivable within one year | 40/41 | €73 | €4,370 | +€4,297 | +5,884% |
| Other amounts receivable | 41 | €73 | €4,370 | +€4,297 | +5,884% |
| Cash at bank and in hand | 54/58 | €340,921 | €265,838 | -€75,082 | -22.0% |
| Deferred charges and accrued income | 490/1 | €42,221 | €72,216 | +€29,995 | +71.0% |
| Total equity and liabilities | 10/49 | €664,100 | €691,714 | +€27,614 | +4.2% |
| Equity | 10/15 | €657,234 | €684,470 | +€27,235 | +4.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €117,701 | €144,936 | +€27,235 | +23.1% |
| Distributable reserves | 133 | €117,701 | €144,936 | +€27,235 | +23.1% |
| Profit (loss) carried forward | 14 | €527,134 | €527,134 | = | 0.0% |
| Amounts payable | 17/49 | €6,865 | €7,244 | +€379 | +5.5% |
| Amounts payable within one year | 42/48 | €6,865 | €7,244 | +€379 | +5.5% |
| Trade debts | 44 | €310 | €689 | +€379 | +122% |
| Suppliers | 440/4 | €310 | €689 | +€379 | +122% |
| Taxes, remuneration and social security | 45 | €484 | €484 | = | 0.0% |
| Taxes | 450/3 | €484 | €484 | = | 0.0% |
| Other amounts payable | 47/48 | €6,072 | €6,072 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,193 | €36,301 | +€19,107 | +111% |
| Other operating charges | 640/8 | €865 | €893 | +€28 | +3.3% |
| Gross operating margin | 9900 | €86,659 | €75,944 | -€10,715 | -12.4% |
| Operating profit (loss) | 9901 | €68,601 | €38,751 | -€29,851 | -43.5% |
| Financial income | 75/76B | €5,131 | €1,297 | -€3,833 | -74.7% |
| Recurring financial income | 75 | €5,131 | €1,297 | -€3,833 | -74.7% |
| Financial charges | 65/66B | €181 | €248 | +€67 | +37.1% |
| Recurring financial charges | 65 | €181 | €248 | +€67 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €73,551 | €39,800 | -€33,751 | -45.9% |
| Income taxes | 67/77 | €18,751 | €10,953 | -€7,799 | -41.6% |
| Profit (loss) for the period | 9904 | €54,800 | €28,847 | -€25,953 | -47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,800 | €28,847 | -€25,953 | -47.4% |
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 1 November 2026 via checked.be.