RAPIDE: 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.
RAPIDE
Largest movements
- Receivables within one year +€25,069
up €25,069 (+3.9%), from €641,647 to €666,717
of which Other amounts receivable: +€26,279
- Debts after one year +€28,500
up €28,500 (+18.8%), from €151,834 to €180,334
- Other debts -€14,523
down €14,523 (-41.1%), from €35,304 to €20,781
- Profit (loss) carried forward +€9,481
up €9,481 (+35.9%), from €26,392 to €35,873
- Gross operating margin +€6,231
up €6,231 (+141%), from €4,405 to €10,636
- Other operating charges +€1,663
up €1,663 (+60.1%), from €2,767 to €4,430
- Taxes +€1,236
up €1,236 (+32.5%), from €3,801 to €5,037
- Financial income +€339
up €339 (+3.1%), from €10,947 to €11,286
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 | €723,629 | €750,604 | +€26,975 | +3.7% |
| Fixed assets | 21/28 | €53,108 | €52,617 | -€491 | -0.9% |
| Tangible fixed assets | 22/27 | €52,919 | €52,427 | -€491 | -0.9% |
| Land and buildings | 22 | €52,699 | €52,427 | -€271 | -0.5% |
| Furniture and vehicles | 24 | €220 | €0 | -€220 | -100% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €670,520 | €697,987 | +€27,467 | +4.1% |
| Stocks and contracts in progress | 3 | €25,947 | €25,947 | = | 0.0% |
| Stocks | 30/36 | €25,947 | €25,947 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €641,647 | €666,717 | +€25,069 | +3.9% |
| Trade receivables | 40 | €1,210 | €0 | -€1,210 | -100% |
| Other amounts receivable | 41 | €640,437 | €666,717 | +€26,279 | +4.1% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,926 | €2,420 | -€505 | -17.3% |
| Deferred charges and accrued income | 490/1 | - | €2,902 | +€2,902 | |
| Total equity and liabilities | 10/49 | €723,629 | €750,604 | +€26,975 | +3.7% |
| Equity | 10/15 | €530,239 | €542,073 | +€11,834 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €497,647 | €500,000 | +€2,353 | +0.5% |
| Distributable reserves | 133 | €497,647 | €500,000 | +€2,353 | +0.5% |
| Profit (loss) carried forward | 14 | €26,392 | €35,873 | +€9,481 | +35.9% |
| Amounts payable | 17/49 | €193,389 | €208,531 | +€15,141 | +7.8% |
| Amounts payable after more than one year | 17 | €151,834 | €180,334 | +€28,500 | +18.8% |
| Financial debts | 170/4 | €151,834 | €180,334 | +€28,500 | +18.8% |
| Amounts payable within one year | 42/48 | €41,555 | €28,197 | -€13,359 | -32.1% |
| Financial debts | 43 | €738 | €25 | -€713 | -96.6% |
| Credit institutions | 430/8 | €738 | €25 | -€713 | -96.6% |
| Trade debts | 44 | €877 | €633 | -€245 | -27.9% |
| Suppliers | 440/4 | €877 | €633 | -€245 | -27.9% |
| Taxes, remuneration and social security | 45 | €4,636 | €6,758 | +€2,122 | +45.8% |
| Taxes | 450/3 | €4,636 | €6,758 | +€2,122 | +45.8% |
| Other amounts payable | 47/48 | €35,304 | €20,781 | -€14,523 | -41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €511 | €491 | -€20 | -3.9% |
| Other operating charges | 640/8 | €2,767 | €4,430 | +€1,663 | +60.1% |
| Gross operating margin | 9900 | €4,405 | €10,636 | +€6,231 | +141% |
| Operating profit (loss) | 9901 | €1,126 | €5,714 | +€4,588 | +407% |
| Financial income | 75/76B | €10,947 | €11,286 | +€339 | +3.1% |
| Recurring financial income | 75 | €10,947 | €11,286 | +€339 | +3.1% |
| Financial charges | 65/66B | €131 | €130 | -€2 | -1.2% |
| Recurring financial charges | 65 | €131 | €130 | -€2 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €11,942 | €16,871 | +€4,928 | +41.3% |
| Income taxes | 67/77 | €3,801 | €5,037 | +€1,236 | +32.5% |
| Profit (loss) for the period | 9904 | €8,141 | €11,834 | +€3,693 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,141 | €11,834 | +€3,693 | +45.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.