Hello TE,
The radiators are installed under the windows because, as someone else already mentioned, the windows are cold bridges in the room. Since the "cold" air that comes through the windows falls downward, it is guided through the grilles at the top of the radiator, heated there, and then exits at the bottom as warm air, which rises again in the room.
Apparently, this is the most economical option.
Wall radiators can of course also be installed. The mode of operation then is radiant heat.
Also possible is surface heating in the wall, underfloor heating only vertical.
Best regards