DE RAPTE: 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.
DE RAPTE
Largest movements
- Receivables within one year +€19,140
up €19,140 (+238%), from €8,028 to €27,168
of which Trade receivables: +€15,198
- Tangible fixed assets -€10,255
down €10,255 (-13.0%), from €78,779 to €68,524
of which Plant, machinery and equipment: -€5,396
- Cash -€6,201
down €6,201 (-5.7%), from €108,964 to €102,763
mainly Receivables within one year (-€19,140) and Accrued charges and deferred income (-€8,001)
- Deferred charges and accrued income -€2,674
down €2,674 (-18.4%), from €14,550 to €11,876
- Accrued charges and deferred income -€8,001
down €8,001 (-22.7%), from €35,309 to €27,308
- Trade debts +€4,948
up €4,948 (+228%), from €2,171 to €7,119
- Reserves +€4,138
up €4,138 (+2.7%), from €155,829 to €159,967
- Staff costs +€24,376
up €24,376 (+35.4%), from €68,802 to €93,178
- Taxes -€7,839
down €7,839 (-77.6%), from €10,095 to €2,257
- Gross operating margin +€1,570
up €1,570 (+1.4%), from €109,784 to €111,354
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 | €226,572 | €225,193 | -€1,379 | -0.6% |
| Fixed assets | 21/28 | €84,779 | €74,524 | -€10,255 | -12.1% |
| Tangible fixed assets | 22/27 | €78,779 | €68,524 | -€10,255 | -13.0% |
| Land and buildings | 22 | €22,564 | €20,680 | -€1,884 | -8.3% |
| Plant, machinery and equipment | 23 | €35,934 | €30,538 | -€5,396 | -15.0% |
| Furniture and vehicles | 24 | €9,515 | €8,396 | -€1,119 | -11.8% |
| Other tangible fixed assets | 26 | €10,766 | €8,910 | -€1,856 | -17.2% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €141,793 | €150,669 | +€8,876 | +6.3% |
| Stocks and contracts in progress | 3 | €10,250 | €8,862 | -€1,389 | -13.5% |
| Stocks | 30/36 | €10,250 | €8,862 | -€1,389 | -13.5% |
| Amounts receivable within one year | 40/41 | €8,028 | €27,168 | +€19,140 | +238% |
| Trade receivables | 40 | €8,028 | €23,226 | +€15,198 | +189% |
| Other amounts receivable | 41 | - | €3,942 | +€3,942 | |
| Cash at bank and in hand | 54/58 | €108,964 | €102,763 | -€6,201 | -5.7% |
| Deferred charges and accrued income | 490/1 | €14,550 | €11,876 | -€2,674 | -18.4% |
| Total equity and liabilities | 10/49 | €226,572 | €225,193 | -€1,379 | -0.6% |
| Equity | 10/15 | €177,829 | €181,967 | +€4,138 | +2.3% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €155,829 | €159,967 | +€4,138 | +2.7% |
| Distributable reserves | 133 | €155,829 | €159,967 | +€4,138 | +2.7% |
| Amounts payable | 17/49 | €48,743 | €43,225 | -€5,518 | -11.3% |
| Amounts payable within one year | 42/48 | €13,434 | €15,917 | +€2,483 | +18.5% |
| Trade debts | 44 | €2,171 | €7,119 | +€4,948 | +228% |
| Suppliers | 440/4 | €2,171 | €7,119 | +€4,948 | +228% |
| Advances received on contracts in progress | 46 | €2,596 | €951 | -€1,645 | -63.4% |
| Taxes, remuneration and social security | 45 | €8,667 | €7,847 | -€820 | -9.5% |
| Taxes | 450/3 | €6,342 | €3,541 | -€2,801 | -44.2% |
| Remuneration and social security | 454/9 | €2,326 | €4,306 | +€1,981 | +85.2% |
| Accrued charges and deferred income | 492/3 | €35,309 | €27,308 | -€8,001 | -22.7% |
| Remuneration, social security and pensions | 62 | €68,802 | €93,178 | +€24,376 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,451 | €11,494 | +€1,043 | +10.0% |
| Other operating charges | 640/8 | €599 | €301 | -€298 | -49.8% |
| Gross operating margin | 9900 | €109,784 | €111,354 | +€1,570 | +1.4% |
| Operating profit (loss) | 9901 | €29,931 | €6,381 | -€23,550 | -78.7% |
| Financial income | 75/76B | €618 | €1,058 | +€440 | +71.3% |
| Recurring financial income | 75 | €618 | €1,058 | +€440 | +71.3% |
| Financial charges | 65/66B | €931 | €1,044 | +€113 | +12.1% |
| Recurring financial charges | 65 | €931 | €1,044 | +€113 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €29,618 | €6,395 | -€23,223 | -78.4% |
| Income taxes | 67/77 | €10,095 | €2,257 | -€7,839 | -77.6% |
| Profit (loss) for the period | 9904 | €19,523 | €4,138 | -€15,384 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,523 | €4,138 | -€15,384 | -78.8% |
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 18 October 2026 via checked.be.