RADVAN INVEST: 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.
RADVAN INVEST
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€14,739
up €14,739 (+2.9%), from €514,733 to €529,472
of which Other amounts payable: +€37,239
- Profit (loss) carried forward -€12,714
down €12,714 (-340%), from -€3,737 to -€16,451
- Gross operating margin -€12,665
down €12,665, from €7,486 to -€5,178
- Financial charges -€3,692
down €3,692 (-33.3%), from €11,102 to €7,409
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 | €546,748 | €549,212 | +€2,464 | +0.5% |
| Fixed assets | 21/28 | €545,030 | €545,030 | = | 0.0% |
| Financial fixed assets | 28 | €545,030 | €545,030 | = | 0.0% |
| Current assets | 29/58 | €1,719 | €4,183 | +€2,464 | +143% |
| Cash at bank and in hand | 54/58 | €1,719 | €4,183 | +€2,464 | +143% |
| Total equity and liabilities | 10/49 | €546,748 | €549,212 | +€2,464 | +0.5% |
| Equity | 10/15 | €6,576 | -€6,138 | -€12,714 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,313 | €5,313 | = | 0.0% |
| Distributable reserves | 133 | €5,313 | €5,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,737 | -€16,451 | -€12,714 | -340% |
| Amounts payable | 17/49 | €540,173 | €555,350 | +€15,177 | +2.8% |
| Amounts payable after more than one year | 17 | €514,733 | €529,472 | +€14,739 | +2.9% |
| Financial debts | 170/4 | €316,875 | €294,375 | -€22,500 | -7.1% |
| Other amounts payable | 178/9 | €197,858 | €235,097 | +€37,239 | +18.8% |
| Amounts payable within one year | 42/48 | €25,440 | €25,879 | +€438 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €22,500 | €22,500 | = | 0.0% |
| Trade debts | 44 | €484 | €968 | +€484 | +100% |
| Suppliers | 440/4 | €484 | €968 | +€484 | +100% |
| Taxes, remuneration and social security | 45 | €2,456 | €2,411 | -€46 | -1.9% |
| Taxes | 450/3 | €2,456 | €2,411 | -€46 | -1.9% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €7,486 | -€5,178 | -€12,665 | |
| Operating profit (loss) | 9901 | €7,371 | -€5,304 | -€12,676 | |
| Financial charges | 65/66B | €11,102 | €7,409 | -€3,692 | -33.3% |
| Recurring financial charges | 65 | €11,102 | €7,409 | -€3,692 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,731 | -€12,714 | -€8,983 | -241% |
| Income taxes | 67/77 | €7 | - | -€7 | |
| Profit (loss) for the period | 9904 | -€3,737 | -€12,714 | -€8,976 | -240% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,737 | -€12,714 | -€8,976 | -240% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.