Rappez Graphics: 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.
Rappez Graphics
Largest movements
- Receivables within one year -€2,493
down €2,493 (-32.7%), from €7,629 to €5,137
of which Trade receivables: -€2,310
- Cash -€372
down €372 (-15.5%), from €2,405 to €2,034
mainly Net result for the year (-€6,255) and Trade debts (-€384)
- Profit (loss) carried forward -€6,255
down €6,255 (-102%), from -€6,149 to -€12,404
- Other debts +€2,370
up €2,370 (+29.7%), from €7,983 to €10,353
- Tax, wage and social debts +€1,404
up €1,404 (+105%), from €1,337 to €2,741
of which Remuneration and social security: +€2,000
- Trade debts -€384
down €384 (-50.5%), from €760 to €376
- Gross operating margin -€10,504
down €10,504, from €4,505 to -€5,999
- Other operating charges -€1,414
down €1,414 (-83.2%), from €1,699 to €285
- Write-downs -€875
down €875 (-100%), from €875 to €0
- Financial income +€85
up €85, from €0 to €85
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 | €10,131 | €7,266 | -€2,865 | -28.3% |
| Fixed assets | 21/28 | €96 | €96 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €10,035 | €7,170 | -€2,865 | -28.5% |
| Amounts receivable within one year | 40/41 | €7,629 | €5,137 | -€2,493 | -32.7% |
| Trade receivables | 40 | €7,446 | €5,137 | -€2,310 | -31.0% |
| Other amounts receivable | 41 | €183 | €0 | -€183 | -100% |
| Cash at bank and in hand | 54/58 | €2,405 | €2,034 | -€372 | -15.5% |
| Total equity and liabilities | 10/49 | €10,131 | €7,266 | -€2,865 | -28.3% |
| Equity | 10/15 | €51 | -€6,204 | -€6,255 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,149 | -€12,404 | -€6,255 | -102% |
| Amounts payable | 17/49 | €10,080 | €13,470 | +€3,390 | +33.6% |
| Amounts payable within one year | 42/48 | €10,080 | €13,470 | +€3,390 | +33.6% |
| Trade debts | 44 | €760 | €376 | -€384 | -50.5% |
| Suppliers | 440/4 | €760 | €376 | -€384 | -50.5% |
| Taxes, remuneration and social security | 45 | €1,337 | €2,741 | +€1,404 | +105% |
| Taxes | 450/3 | €1,337 | €741 | -€596 | -44.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €7,983 | €10,353 | +€2,370 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56 | €0 | -€56 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €875 | €0 | -€875 | -100% |
| Other operating charges | 640/8 | €1,699 | €285 | -€1,414 | -83.2% |
| Gross operating margin | 9900 | €4,505 | -€5,999 | -€10,504 | |
| Operating profit (loss) | 9901 | €1,875 | -€6,284 | -€8,159 | |
| Financial income | 75/76B | €0 | €85 | +€85 | |
| Recurring financial income | 75 | €0 | €85 | +€85 | |
| Financial charges | 65/66B | €32 | €56 | +€23 | +72.8% |
| Recurring financial charges | 65 | €32 | €56 | +€23 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €1,842 | -€6,255 | -€8,097 | |
| Profit (loss) for the period | 9904 | €1,842 | -€6,255 | -€8,097 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,842 | -€6,255 | -€8,097 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.