RAPTURE Management: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
RAPTURE Management
Largest movements
- Cash -€229,979
down €229,979 (-43.3%), from €531,026 to €301,047
mainly Contributions, distributions and other (-€500,000) and Tax, wage and social debts (-€212,968)
- Receivables within one year -€94,103
down €94,103 (-16.6%), from €565,251 to €471,148
of which Other amounts receivable: -€135,992
- Reserves -€277,512
down €277,512 (-37.8%), from €734,072 to €456,560
- Tax, wage and social debts -€212,968
down €212,968 (-78.6%), from €270,793 to €57,825
of which Taxes: -€215,549
- Other debts +€150,000
new in 2025: €150,000
- Trade debts +€14,322
up €14,322 (+10.2%), from €139,973 to €154,296
- Gross operating margin +€141,369
up €141,369 (+52.4%), from €270,027 to €411,396
- Staff costs +€63,354
up €63,354 (+102%), from €62,332 to €125,687
- Write-downs -€40,960
down €40,960, from €19,530 to -€21,430
- Taxes +€29,171
up €29,171 (+68.9%), from €42,332 to €71,502
- Financial income -€9,103
down €9,103 (-95.7%), from €9,513 to €410
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 | €1,169,839 | €843,681 | -€326,158 | -27.9% |
| Fixed assets | 21/28 | €73,563 | €68,081 | -€5,482 | -7.5% |
| Tangible fixed assets | 22/27 | €53,563 | €48,081 | -€5,482 | -10.2% |
| Plant, machinery and equipment | 23 | €870 | €670 | -€200 | -23.0% |
| Furniture and vehicles | 24 | €47,159 | €42,476 | -€4,683 | -9.9% |
| Other tangible fixed assets | 26 | €5,534 | €4,935 | -€599 | -10.8% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €1,096,276 | €775,601 | -€320,676 | -29.3% |
| Amounts receivable within one year | 40/41 | €565,251 | €471,148 | -€94,103 | -16.6% |
| Trade receivables | 40 | €352,822 | €394,711 | +€41,889 | +11.9% |
| Other amounts receivable | 41 | €212,429 | €76,437 | -€135,992 | -64.0% |
| Cash at bank and in hand | 54/58 | €531,026 | €301,047 | -€229,979 | -43.3% |
| Deferred charges and accrued income | 490/1 | - | €3,406 | +€3,406 | |
| Total equity and liabilities | 10/49 | €1,169,839 | €843,681 | -€326,158 | -27.9% |
| Equity | 10/15 | €759,072 | €481,560 | -€277,512 | -36.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €734,072 | €456,560 | -€277,512 | -37.8% |
| Distributable reserves | 133 | €734,072 | €456,560 | -€277,512 | -37.8% |
| Amounts payable | 17/49 | €410,767 | €362,121 | -€48,646 | -11.8% |
| Amounts payable within one year | 42/48 | €410,767 | €362,121 | -€48,646 | -11.8% |
| Trade debts | 44 | €139,973 | €154,296 | +€14,322 | +10.2% |
| Suppliers | 440/4 | €139,973 | €154,296 | +€14,322 | +10.2% |
| Taxes, remuneration and social security | 45 | €270,793 | €57,825 | -€212,968 | -78.6% |
| Taxes | 450/3 | €257,051 | €41,502 | -€215,549 | -83.9% |
| Remuneration and social security | 454/9 | €13,742 | €16,323 | +€2,581 | +18.8% |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Remuneration, social security and pensions | 62 | €62,332 | €125,687 | +€63,354 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,566 | €6,758 | +€1,193 | +21.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,530 | -€21,430 | -€40,960 | |
| Other operating charges | 640/8 | €203 | €1,206 | +€1,003 | +494% |
| Gross operating margin | 9900 | €270,027 | €411,396 | +€141,369 | +52.4% |
| Operating profit (loss) | 9901 | €182,396 | €299,175 | +€116,779 | +64.0% |
| Financial income | 75/76B | €9,513 | €410 | -€9,103 | -95.7% |
| Recurring financial income | 75 | €9,513 | €410 | -€9,103 | -95.7% |
| Financial charges | 65/66B | €5,994 | €5,594 | -€399 | -6.7% |
| Recurring financial charges | 65 | €5,994 | €5,594 | -€399 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €185,916 | €293,990 | +€108,075 | +58.1% |
| Income taxes | 67/77 | €42,332 | €71,502 | +€29,171 | +68.9% |
| Profit (loss) for the period | 9904 | €143,584 | €222,488 | +€78,904 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €143,584 | €222,488 | +€78,904 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.