RAPIDO: 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.
RAPIDO
Largest movements
- Cash +€24,083
up €24,083 (+2511.3%), from €959 to €25,042
mainly Other debts (+€52,194) and Stocks and contracts (+€1,250)
- Stocks and contracts -€1,250
down €1,250 (-48.1%), from €2,600 to €1,350
- Deferred charges and accrued income +€1,239
new in 2025: €1,239
- Receivables within one year +€970
up €970 (+9.1%), from €10,649 to €11,619
- Tangible fixed assets +€697
up €697 (+6.9%), from €10,096 to €10,793
of which Furniture and vehicles: +€950
- Other debts +€52,194
up €52,194 (+28.7%), from €181,627 to €233,821
- Trade debts -€21,506
down €21,506 (-79.1%), from €27,174 to €5,668
- Profit (loss) carried forward -€5,575
down €5,575 (-2.5%), from -€226,440 to -€232,015
- Tax, wage and social debts +€626
up €626 (+28.5%), from €2,193 to €2,819
of which Taxes: +€429
- Gross operating margin +€12,894
up €12,894 (+53.3%), from €24,201 to €37,095
- Staff costs +€10,155
up €10,155 (+32.5%), from €31,221 to €41,376
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.
Cash bridge derived
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 | €25,643 | €51,382 | +€25,739 | +100.4% |
| Fixed assets | 21/28 | €11,435 | €12,132 | +€697 | +6.1% |
| Tangible fixed assets | 22/27 | €10,096 | €10,793 | +€697 | +6.9% |
| Plant, machinery and equipment | 23 | €10,096 | €9,843 | -€253 | -2.5% |
| Furniture and vehicles | 24 | - | €950 | +€950 | |
| Financial fixed assets | 28 | €1,339 | €1,339 | = | 0.0% |
| Current assets | 29/58 | €14,208 | €39,250 | +€25,042 | +176.3% |
| Stocks and contracts in progress | 3 | €2,600 | €1,350 | -€1,250 | -48.1% |
| Stocks | 30/36 | €2,600 | €1,350 | -€1,250 | -48.1% |
| Amounts receivable within one year | 40/41 | €10,649 | €11,619 | +€970 | +9.1% |
| Other amounts receivable | 41 | €10,649 | €11,619 | +€970 | +9.1% |
| Cash at bank and in hand | 54/58 | €959 | €25,042 | +€24,083 | +2511.3% |
| Deferred charges and accrued income | 490/1 | - | €1,239 | +€1,239 | |
| Total equity and liabilities | 10/49 | €25,643 | €51,382 | +€25,739 | +100.4% |
| Equity | 10/15 | -€185,351 | -€190,926 | -€5,575 | -3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €22,497 | €22,497 | = | 0.0% |
| Distributable reserves | 133 | €22,497 | €22,497 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,440 | -€232,015 | -€5,575 | -2.5% |
| Amounts payable | 17/49 | €210,994 | €242,308 | +€31,314 | +14.8% |
| Amounts payable within one year | 42/48 | €210,994 | €242,308 | +€31,314 | +14.8% |
| Trade debts | 44 | €27,174 | €5,668 | -€21,506 | -79.1% |
| Suppliers | 440/4 | €27,174 | €5,668 | -€21,506 | -79.1% |
| Taxes, remuneration and social security | 45 | €2,193 | €2,819 | +€626 | +28.5% |
| Taxes | 450/3 | - | €429 | +€429 | |
| Remuneration and social security | 454/9 | €2,193 | €2,390 | +€197 | +9.0% |
| Other amounts payable | 47/48 | €181,627 | €233,821 | +€52,194 | +28.7% |
| Remuneration, social security and pensions | 62 | €31,221 | €41,376 | +€10,155 | +32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €253 | +€253 | |
| Other operating charges | 640/8 | €1,015 | €1,030 | +€15 | +1.5% |
| Gross operating margin | 9900 | €24,201 | €37,095 | +€12,894 | +53.3% |
| Operating profit (loss) | 9901 | -€8,035 | -€5,564 | +€2,471 | +30.8% |
| Financial charges | 65/66B | €12 | €11 | -€1 | -8.3% |
| Recurring financial charges | 65 | €12 | €11 | -€1 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,047 | -€5,575 | +€2,472 | +30.7% |
| Profit (loss) for the period | 9904 | -€8,047 | -€5,575 | +€2,472 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,047 | -€5,575 | +€2,472 | +30.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.