RAPPID: 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.
RAPPID
Largest movements
- Cash -€11,785
down €11,785 (-72.6%), from €16,235 to €4,450
mainly Receivables after one year (-€7,932) and Other debts (-€4,613)
- Receivables after one year +€7,932
new in 2025: €7,932
- Tangible fixed assets -€5,060
down €5,060 (-70.7%), from €7,154 to €2,094
- Receivables within one year -€2,020
down €2,020 (-12.4%), from €16,239 to €14,219
- Deferred charges and accrued income -€424
no longer reported in 2025 (was €424)
- Other debts -€4,613
no longer reported in 2025 (was €4,613)
- Trade debts +€3,618
up €3,618 (+85.1%), from €4,252 to €7,870
- Current portion of long-term debt -€2,879
down €2,879 (-57.8%), from €4,977 to €2,098
- Debts after one year -€2,098
no longer reported in 2025 (was €2,098)
- Profit (loss) carried forward -€1,866
down €1,866 (-421%), from -€443 to -€2,309
- Gross operating margin -€6,265
down €6,265 (-41.5%), from €15,092 to €8,827
- Taxes -€1,241
down €1,241 (-39.4%), from €3,151 to €1,910
- Staff costs -€978
down €978 (-34.3%), from €2,850 to €1,872
- Other operating charges +€613
up €613 (+66.6%), from €920 to €1,533
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 | €40,052 | €28,695 | -€11,357 | -28.4% |
| Fixed assets | 21/28 | €7,154 | €2,094 | -€5,060 | -70.7% |
| Tangible fixed assets | 22/27 | €7,154 | €2,094 | -€5,060 | -70.7% |
| Furniture and vehicles | 24 | €7,154 | €2,094 | -€5,060 | -70.7% |
| Current assets | 29/58 | €32,898 | €26,601 | -€6,297 | -19.1% |
| Amounts receivable after more than one year | 29 | - | €7,932 | +€7,932 | |
| Other amounts receivable | 291 | - | €7,932 | +€7,932 | |
| Amounts receivable within one year | 40/41 | €16,239 | €14,219 | -€2,020 | -12.4% |
| Trade receivables | 40 | €16,239 | €14,219 | -€2,020 | -12.4% |
| Cash at bank and in hand | 54/58 | €16,235 | €4,450 | -€11,785 | -72.6% |
| Deferred charges and accrued income | 490/1 | €424 | - | -€424 | |
| Total equity and liabilities | 10/49 | €40,052 | €28,695 | -€11,357 | -28.4% |
| Equity | 10/15 | €12,158 | €10,292 | -€1,866 | -15.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,601 | €10,601 | = | 0.0% |
| Distributable reserves | 133 | €10,601 | €10,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€443 | -€2,309 | -€1,866 | -421% |
| Amounts payable | 17/49 | €27,894 | €18,403 | -€9,491 | -34.0% |
| Amounts payable after more than one year | 17 | €2,098 | - | -€2,098 | |
| Financial debts | 170/4 | €2,098 | - | -€2,098 | |
| Amounts payable within one year | 42/48 | €25,796 | €18,403 | -€7,393 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €4,977 | €2,098 | -€2,879 | -57.8% |
| Trade debts | 44 | €4,252 | €7,870 | +€3,618 | +85.1% |
| Suppliers | 440/4 | €4,252 | €7,870 | +€3,618 | +85.1% |
| Advances received on contracts in progress | 46 | €1,697 | - | -€1,697 | |
| Taxes, remuneration and social security | 45 | €10,257 | €8,435 | -€1,822 | -17.8% |
| Taxes | 450/3 | €7,757 | €5,935 | -€1,822 | -23.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €4,613 | - | -€4,613 | |
| Remuneration, social security and pensions | 62 | €2,850 | €1,872 | -€978 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,062 | €5,060 | -€2 | 0.0% |
| Other operating charges | 640/8 | €920 | €1,533 | +€613 | +66.6% |
| Gross operating margin | 9900 | €15,092 | €8,827 | -€6,265 | -41.5% |
| Operating profit (loss) | 9901 | €6,260 | €362 | -€5,898 | -94.2% |
| Financial income | 75/76B | - | €117 | +€117 | |
| Recurring financial income | 75 | - | €117 | +€117 | |
| Financial charges | 65/66B | €316 | €435 | +€119 | +37.7% |
| Recurring financial charges | 65 | €316 | €435 | +€119 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | €5,944 | €44 | -€5,900 | -99.3% |
| Income taxes | 67/77 | €3,151 | €1,910 | -€1,241 | -39.4% |
| Profit (loss) for the period | 9904 | €2,793 | -€1,866 | -€4,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,793 | -€1,866 | -€4,659 |
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.