RAPI: what changed
Two fiscal 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.
RAPI
Largest movements
- Receivables within one year -€14,686
down €14,686 (-23.2%), from €63,348 to €48,661
of which Trade receivables: -€14,185
- Stocks and contracts -€3,368
down €3,368 (-100.0%), from €3,368 to €0
- Profit (loss) carried forward -€13,142
down €13,142, from €0 to -€13,142
- Short-term financial debts -€5,870
down €5,870 (-35.9%), from €16,328 to €10,458
- Gross operating margin -€18,644
down €18,644, from €9,064 to -€9,581
- Depreciation -€6,098
down €6,098 (-92.4%), from €6,603 to €504
- Financial charges -€715
down €715 (-26.5%), from €2,695 to €1,980
of which Financial charges: -€361
- Other operating charges +€568
up €568 (+111.7%), from €509 to €1,077
From the 2021 result to the 2022 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,030 | €51,471 | -€18,559 | -26.5% |
| Fixed assets | 21/28 | €3,314 | €2,810 | -€504 | -15.2% |
| Tangible fixed assets | 22/27 | €3,314 | €2,810 | -€504 | -15.2% |
| Land and buildings | 22 | €3,081 | €2,694 | -€388 | -12.6% |
| Plant, machinery and equipment | 23 | €233 | €116 | -€116 | -50.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €66,716 | €48,661 | -€18,055 | -27.1% |
| Stocks and contracts in progress | 3 | €3,368 | €0 | -€3,368 | -100.0% |
| Stocks | 30/36 | €3,368 | €0 | -€3,368 | -100.0% |
| Amounts receivable within one year | 40/41 | €63,348 | €48,661 | -€14,686 | -23.2% |
| Trade receivables | 40 | €60,607 | €46,422 | -€14,185 | -23.4% |
| Other amounts receivable | 41 | €2,741 | €2,240 | -€501 | -18.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €70,030 | €51,471 | -€18,559 | -26.5% |
| Equity | 10/15 | €21,813 | €8,671 | -€13,142 | -60.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,263 | €3,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,408 | €1,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€13,142 | -€13,142 | |
| Amounts payable | 17/49 | €48,217 | €42,800 | -€5,417 | -11.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €48,217 | €42,800 | -€5,417 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €16,328 | €10,458 | -€5,870 | -35.9% |
| Credit institutions | 430/8 | €16,328 | €10,458 | -€5,870 | -35.9% |
| Trade debts | 44 | €3,892 | €4,382 | +€490 | +12.6% |
| Suppliers | 440/4 | €3,892 | €4,382 | +€490 | +12.6% |
| Taxes, remuneration and social security | 45 | €3,432 | €2,925 | -€508 | -14.8% |
| Taxes | 450/3 | €3,432 | €2,925 | -€508 | -14.8% |
| Other amounts payable | 47/48 | €24,565 | €25,035 | +€470 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,603 | €504 | -€6,098 | -92.4% |
| Other operating charges | 640/8 | €509 | €1,077 | +€568 | +111.7% |
| Gross operating margin | 9900 | €9,064 | -€9,581 | -€18,644 | |
| Operating profit (loss) | 9901 | €1,952 | -€11,162 | -€13,114 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,695 | €1,980 | -€715 | -26.5% |
| Recurring financial charges | 65 | €2,341 | €1,980 | -€361 | -15.4% |
| Non-recurring financial charges | 66B | €355 | €0 | -€355 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€743 | -€13,142 | -€12,399 | -1668.5% |
| Profit (loss) for the period | 9904 | -€743 | -€13,142 | -€12,399 | -1668.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€743 | -€13,142 | -€12,399 | -1668.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.