RAPIRA ENGINEERING
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,256, after a profit of €6,438 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €1,043 | - | - | - | - |
| Gross operating margin9900 | €25,286 | -€2,614 | €6,438 | -€1,256 | - |
| Operating profit (loss)9901 | €24,244 | -€2,614 | €6,438 | -€1,256 | - |
| Financial charges65/66B | €135 | €124 | €136 | €128 | ▼ 5.6% |
| Recurring financial charges65 | €135 | €124 | €136 | €128 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €24,109 | -€2,737 | €6,302 | -€1,384 | - |
| Income taxes67/77 | €6,363 | - | €8,657 | - | - |
| Profit (loss) for the period9904 | €17,746 | -€2,737 | -€2,355 | -€1,384 | ▲ 41.2% |
| Profit (loss) for the period to be appropriated9905 | €17,746 | -€2,737 | -€2,355 | -€1,384 | ▲ 41.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60,285 | €51,384 | €63,551 | €24,928 | ▼ 60.8% |
| Current assets29/58 | €60,285 | €51,384 | €63,551 | €24,928 | ▼ 60.8% |
| Stocks and contracts in progress3 | - | €10,886 | €4,646 | €8,028 | ▲ 72.8% |
| Stocks30/36 | - | €10,886 | €4,646 | €8,028 | ▲ 72.8% |
| Amounts receivable within one year40/41 | €50,970 | €38,360 | €50,853 | €16,785 | ▼ 67.0% |
| Trade receivables40 | €50,045 | €33,753 | €48,638 | €16,051 | ▼ 67.0% |
| Other amounts receivable41 | €926 | €4,606 | €2,215 | €734 | ▼ 66.8% |
| Cash at bank and in hand54/58 | €9,315 | €2,139 | €8,052 | €115 | ▼ 98.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60,285 | €51,384 | €63,551 | €24,928 | ▼ 60.8% |
| Equity10/15 | €20,746 | €18,009 | €15,654 | €14,270 | ▼ 8.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €17,746 | €15,009 | €12,654 | €11,270 | ▼ 10.9% |
| Amounts payable17/49 | €39,540 | €33,376 | €47,897 | €10,658 | ▼ 77.7% |
| Amounts payable within one year42/48 | €39,540 | €33,376 | €47,897 | €10,658 | ▼ 77.7% |
| Trade debts44 | €12,739 | €23,849 | €14,294 | €3,673 | ▼ 74.3% |
| Suppliers440/4 | €12,739 | €23,849 | €14,294 | €3,673 | ▼ 74.3% |
| Advances received on contracts in progress46 | - | - | €19,918 | - | - |
| Taxes, remuneration and social security45 | €9,363 | - | €836 | €2,036 | ▲ 143% |
| Taxes450/3 | €6,363 | - | €836 | €836 | = |
| Remuneration and social security454/9 | €3,000 | - | - | €1,200 | - |
| Other amounts payable47/48 | €17,437 | €9,527 | €12,849 | €4,948 | ▼ 61.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,746 | -€2,737 | -€2,355 | -€1,384 | ▲ 41.2% |
| Operating cash flow (approximation) | €17,746 | -€2,737 | -€2,355 | -€1,384 | ▲ 41.2% |
| Change in cash | - | -€7,176 | €5,913 | -€7,938 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,145 companies had the same profile as RAPIRA ENGINEERING has now. Two years later, 91.7% were still going and 2.2% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RAPIRA ENGINEERING itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for RAPIRA ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.