RAPID SERVICES: 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.
RAPID SERVICES
Largest movements
- Receivables within one year +€32,286
up €32,286 (+108.8%), from €29,685 to €61,971
of which Trade receivables: +€32,189
- Cash -€19,896
down €19,896 (-50.4%), from €39,478 to €19,582
mainly Receivables within one year (-€32,286) and Net result for the year (-€29,369)
- Stocks and contracts -€6,988
down €6,988 (-31.3%), from €22,302 to €15,314
- Tangible fixed assets -€2,539
down €2,539 (-2.8%), from €91,743 to €89,204
of which Leasing and similar rights: -€2,708
- Trade debts +€43,961
up €43,961 (+18.4%), from €239,358 to €283,319
- Profit (loss) carried forward -€29,369
down €29,369 (-7.8%), from -€378,440 to -€407,808
- Debts after one year -€10,832
down €10,832 (-51.4%), from €21,074 to €10,242
- Tax, wage and social debts -€3,003
down €3,003 (-2.3%), from €127,804 to €124,801
of which Remuneration and social security: -€6,867
- Gross operating margin +€103,738
up €103,738 (+21.0%), from €494,510 to €598,248
- Staff costs +€21,860
up €21,860 (+3.9%), from €554,862 to €576,722
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 | €187,599 | €190,425 | +€2,826 | +1.5% |
| Fixed assets | 21/28 | €92,018 | €89,479 | -€2,539 | -2.8% |
| Tangible fixed assets | 22/27 | €91,743 | €89,204 | -€2,539 | -2.8% |
| Plant, machinery and equipment | 23 | €28,563 | €28,604 | +€41 | +0.1% |
| Furniture and vehicles | 24 | €6,890 | €5,041 | -€1,849 | -26.8% |
| Leasing and similar rights | 25 | €6,633 | €3,925 | -€2,708 | -40.8% |
| Other tangible fixed assets | 26 | €49,657 | €51,635 | +€1,977 | +4.0% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €95,581 | €100,946 | +€5,365 | +5.6% |
| Stocks and contracts in progress | 3 | €22,302 | €15,314 | -€6,988 | -31.3% |
| Stocks | 30/36 | €22,302 | €15,314 | -€6,988 | -31.3% |
| Amounts receivable within one year | 40/41 | €29,685 | €61,971 | +€32,286 | +108.8% |
| Trade receivables | 40 | €29,603 | €61,792 | +€32,189 | +108.7% |
| Other amounts receivable | 41 | €83 | €180 | +€97 | +117.2% |
| Cash at bank and in hand | 54/58 | €39,478 | €19,582 | -€19,896 | -50.4% |
| Deferred charges and accrued income | 490/1 | €4,116 | €4,078 | -€38 | -0.9% |
| Total equity and liabilities | 10/49 | €187,599 | €190,425 | +€2,826 | +1.5% |
| Equity | 10/15 | -€328,759 | -€358,127 | -€29,369 | -8.9% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €18,694 | €18,694 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,694 | €8,694 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,694 | €8,694 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€378,440 | -€407,808 | -€29,369 | -7.8% |
| Amounts payable | 17/49 | €516,357 | €548,552 | +€32,195 | +6.2% |
| Amounts payable after more than one year | 17 | €21,074 | €10,242 | -€10,832 | -51.4% |
| Financial debts | 170/4 | €21,074 | €10,242 | -€10,832 | -51.4% |
| Amounts payable within one year | 42/48 | €495,284 | €538,310 | +€43,027 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €10,322 | €10,832 | +€510 | +4.9% |
| Trade debts | 44 | €239,358 | €283,319 | +€43,961 | +18.4% |
| Suppliers | 440/4 | €239,358 | €283,319 | +€43,961 | +18.4% |
| Taxes, remuneration and social security | 45 | €127,804 | €124,801 | -€3,003 | -2.3% |
| Taxes | 450/3 | €56,104 | €59,969 | +€3,865 | +6.9% |
| Remuneration and social security | 454/9 | €71,700 | €64,832 | -€6,867 | -9.6% |
| Other amounts payable | 47/48 | €117,800 | €119,358 | +€1,558 | +1.3% |
| Remuneration, social security and pensions | 62 | €554,862 | €576,722 | +€21,860 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,526 | €25,648 | +€4,122 | +19.1% |
| Other operating charges | 640/8 | €10,047 | €11,760 | +€1,713 | +17.0% |
| Gross operating margin | 9900 | €494,510 | €598,248 | +€103,738 | +21.0% |
| Operating profit (loss) | 9901 | -€91,925 | -€15,882 | +€76,043 | +82.7% |
| Financial income | 75/76B | €5 | €0 | -€5 | -92.9% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -92.9% |
| Financial charges | 65/66B | €9,184 | €13,487 | +€4,304 | +46.9% |
| Recurring financial charges | 65 | €9,184 | €13,487 | +€4,304 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | -€101,104 | -€29,369 | +€71,735 | +71.0% |
| Profit (loss) for the period | 9904 | -€101,104 | -€29,369 | +€71,735 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€101,104 | -€29,369 | +€71,735 | +71.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.