RAPID NET: 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.
RAPID NET
Largest movements
- Receivables within one year +€171,999
up €171,999 (+90.0%), from €191,006 to €363,005
of which Trade receivables: +€104,616
- Cash +€10,729
up €10,729 (+180.7%), from €5,938 to €16,666
mainly Accrued charges and deferred income (+€102,048) and Net result for the year (+€95,471)
- Accrued charges and deferred income +€102,048
new in 2024: €102,048
- Profit (loss) carried forward +€95,471
up €95,471 (+106.3%), from €89,820 to €185,291
- Tax, wage and social debts -€10,684
down €10,684 (-41.4%), from €25,809 to €15,125
of which Remuneration and social security: -€11,295
- Trade debts -€4,593
down €4,593 (-5.4%), from €84,786 to €80,193
- Gross operating margin +€49,716
up €49,716 (+27.7%), from €179,657 to €229,373
- Taxes +€3,333
up €3,333 (+144.4%), from €2,309 to €5,641
- Other operating charges +€2,533
up €2,533 (+94.0%), from €2,695 to €5,228
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,316 | €389,556 | +€182,240 | +87.9% |
| Fixed assets | 21/28 | €10,372 | €9,885 | -€487 | -4.7% |
| Tangible fixed assets | 22/27 | €10,372 | €9,885 | -€487 | -4.7% |
| Furniture and vehicles | 24 | €7,928 | €6,191 | -€1,737 | -21.9% |
| Other tangible fixed assets | 26 | €2,444 | €3,694 | +€1,250 | +51.1% |
| Current assets | 29/58 | €196,944 | €379,671 | +€182,728 | +92.8% |
| Amounts receivable within one year | 40/41 | €191,006 | €363,005 | +€171,999 | +90.0% |
| Trade receivables | 40 | €146,307 | €250,923 | +€104,616 | +71.5% |
| Other amounts receivable | 41 | €44,699 | €112,082 | +€67,383 | +150.7% |
| Cash at bank and in hand | 54/58 | €5,938 | €16,666 | +€10,729 | +180.7% |
| Total equity and liabilities | 10/49 | €207,316 | €389,556 | +€182,240 | +87.9% |
| Equity | 10/15 | €96,720 | €192,191 | +€95,471 | +98.7% |
| Contributions | 10/11 | €6,900 | €6,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,820 | €185,291 | +€95,471 | +106.3% |
| Amounts payable | 17/49 | €110,595 | €197,365 | +€86,770 | +78.5% |
| Amounts payable within one year | 42/48 | €110,595 | €95,318 | -€15,278 | -13.8% |
| Trade debts | 44 | €84,786 | €80,193 | -€4,593 | -5.4% |
| Suppliers | 440/4 | €84,786 | €80,193 | -€4,593 | -5.4% |
| Taxes, remuneration and social security | 45 | €25,809 | €15,125 | -€10,684 | -41.4% |
| Taxes | 450/3 | €1,963 | €2,574 | +€611 | +31.1% |
| Remuneration and social security | 454/9 | €23,846 | €12,551 | -€11,295 | -47.4% |
| Accrued charges and deferred income | 492/3 | - | €102,048 | +€102,048 | |
| Remuneration, social security and pensions | 62 | €117,301 | €115,532 | -€1,769 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,619 | €5,735 | +€1,116 | +24.2% |
| Other operating charges | 640/8 | €2,695 | €5,228 | +€2,533 | +94.0% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €179,657 | €229,373 | +€49,716 | +27.7% |
| Operating profit (loss) | 9901 | €54,541 | €102,877 | +€48,336 | +88.6% |
| Financial charges | 65/66B | €1,195 | €1,765 | +€570 | +47.7% |
| Recurring financial charges | 65 | €1,195 | €1,765 | +€570 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €53,345 | €101,112 | +€47,767 | +89.5% |
| Income taxes | 67/77 | €2,309 | €5,641 | +€3,333 | +144.4% |
| Profit (loss) for the period | 9904 | €51,037 | €95,471 | +€44,434 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,037 | €95,471 | +€44,434 | +87.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.