Rapide Montage: what changed
Rapide Montage
Largest movements
- Receivables within one year -€44,118
down €44,118 (-37.9%), from €116,364 to €72,246
of which Trade receivables: -€44,245
- Cash +€11,223
up €11,223 (+19.8%), from €56,557 to €67,780
mainly Receivables within one year (+€44,118) and Net result for the year (+€10,363)
- Tangible fixed assets -€7,902
down €7,902 (-62.2%), from €12,696 to €4,794
of which Furniture and vehicles: -€8,871
- Trade debts -€52,805
down €52,805 (-88.8%), from €59,446 to €6,641
- Profit (loss) carried forward +€10,363
up €10,363 (+11.7%), from €88,472 to €98,835
- Tax, wage and social debts +€3,424
up €3,424 (+95.6%), from €3,583 to €7,007
- Other debts -€1,972
down €1,972 (-60.1%), from €3,278 to €1,307
- Gross operating margin -€14,471
down €14,471 (-37.4%), from €38,724 to €24,253
- Other operating charges +€7,064
up €7,064 (+971%), from €727 to €7,791
- Taxes -€3,939
down €3,939 (-57.2%), from €6,883 to €2,944
- Depreciation -€2,264
down €2,264 (-44.0%), from €5,147 to €2,882
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,390 | €149,400 | -€40,990 | -21.5% |
| Fixed assets | 21/28 | €12,916 | €5,014 | -€7,902 | -61.2% |
| Tangible fixed assets | 22/27 | €12,696 | €4,794 | -€7,902 | -62.2% |
| Plant, machinery and equipment | 23 | €2,559 | €3,529 | +€969 | +37.9% |
| Furniture and vehicles | 24 | €10,136 | €1,265 | -€8,871 | -87.5% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €177,474 | €144,386 | -€33,088 | -18.6% |
| Amounts receivable within one year | 40/41 | €116,364 | €72,246 | -€44,118 | -37.9% |
| Trade receivables | 40 | €108,890 | €64,646 | -€44,245 | -40.6% |
| Other amounts receivable | 41 | €7,474 | €7,600 | +€126 | +1.7% |
| Cash at bank and in hand | 54/58 | €56,557 | €67,780 | +€11,223 | +19.8% |
| Deferred charges and accrued income | 490/1 | €4,553 | €4,360 | -€193 | -4.2% |
| Total equity and liabilities | 10/49 | €190,390 | €149,400 | -€40,990 | -21.5% |
| Equity | 10/15 | €124,082 | €134,445 | +€10,363 | +8.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,472 | €98,835 | +€10,363 | +11.7% |
| Amounts payable | 17/49 | €66,308 | €14,955 | -€51,353 | -77.4% |
| Amounts payable within one year | 42/48 | €66,308 | €14,955 | -€51,353 | -77.4% |
| Trade debts | 44 | €59,446 | €6,641 | -€52,805 | -88.8% |
| Suppliers | 440/4 | €59,446 | €6,641 | -€52,805 | -88.8% |
| Taxes, remuneration and social security | 45 | €3,583 | €7,007 | +€3,424 | +95.6% |
| Taxes | 450/3 | €3,583 | €7,007 | +€3,424 | +95.6% |
| Other amounts payable | 47/48 | €3,278 | €1,307 | -€1,972 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,147 | €2,882 | -€2,264 | -44.0% |
| Other operating charges | 640/8 | €727 | €7,791 | +€7,064 | +971% |
| Non-recurring operating charges | 66A | €16,605 | - | -€16,605 | |
| Gross operating margin | 9900 | €38,724 | €24,253 | -€14,471 | -37.4% |
| Operating profit (loss) | 9901 | €16,246 | €13,580 | -€2,666 | -16.4% |
| Financial income | 75/76B | €42 | - | -€42 | |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | €297 | €273 | -€24 | -7.9% |
| Recurring financial charges | 65 | €297 | €273 | -€24 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €15,991 | €13,307 | -€2,684 | -16.8% |
| Income taxes | 67/77 | €6,883 | €2,944 | -€3,939 | -57.2% |
| Profit (loss) for the period | 9904 | €9,108 | €10,363 | +€1,255 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,108 | €10,363 | +€1,255 | +13.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.