RUPEL SOLUTIONS: 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.
RUPEL SOLUTIONS
Largest movements
- Receivables within one year +€21,179
up €21,179 (+459.5%), from €4,609 to €25,788
of which Trade receivables: +€20,522
- Cash +€4,193
up €4,193 (+10.8%), from €38,770 to €42,963
mainly Net result for the year (+€23,488) and Trade debts (+€14,341)
- Financial fixed assets +€2,577
new in 2026: €2,577
- Tangible fixed assets +€2,037
up €2,037 (+154.7%), from €1,317 to €3,354
of which Furniture and vehicles: +€2,696
- Profit (loss) carried forward +€23,488
up €23,488 (+82.1%), from €28,605 to €52,094
- Trade debts +€14,341
up €14,341, from €0 to €14,341
- Tax, wage and social debts -€6,463
down €6,463 (-49.2%), from €13,135 to €6,672
- Other debts -€1,379
down €1,379 (-94.7%), from €1,455 to €76
- Gross operating margin -€8,755
down €8,755 (-21.9%), from €39,901 to €31,146
- Other operating charges -€2,213
down €2,213 (-97.1%), from €2,278 to €66
- Taxes -€624
down €624 (-8.5%), from €7,295 to €6,672
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,696 | €74,683 | +€29,987 | +67.1% |
| Fixed assets | 21/28 | €1,317 | €5,931 | +€4,614 | +350.4% |
| Tangible fixed assets | 22/27 | €1,317 | €3,354 | +€2,037 | +154.7% |
| Plant, machinery and equipment | 23 | €1,317 | €659 | -€658 | -50.0% |
| Furniture and vehicles | 24 | - | €2,696 | +€2,696 | |
| Financial fixed assets | 28 | - | €2,577 | +€2,577 | |
| Current assets | 29/58 | €43,379 | €68,751 | +€25,373 | +58.5% |
| Amounts receivable within one year | 40/41 | €4,609 | €25,788 | +€21,179 | +459.5% |
| Trade receivables | 40 | €4,609 | €25,131 | +€20,522 | +445.3% |
| Other amounts receivable | 41 | - | €658 | +€658 | |
| Cash at bank and in hand | 54/58 | €38,770 | €42,963 | +€4,193 | +10.8% |
| Total equity and liabilities | 10/49 | €44,696 | €74,683 | +€29,987 | +67.1% |
| Equity | 10/15 | €30,105 | €53,594 | +€23,488 | +78.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,605 | €52,094 | +€23,488 | +82.1% |
| Amounts payable | 17/49 | €14,590 | €21,089 | +€6,499 | +44.5% |
| Amounts payable within one year | 42/48 | €14,590 | €21,089 | +€6,499 | +44.5% |
| Trade debts | 44 | €0 | €14,341 | +€14,341 | |
| Suppliers | 440/4 | €0 | €14,341 | +€14,341 | |
| Taxes, remuneration and social security | 45 | €13,135 | €6,672 | -€6,463 | -49.2% |
| Taxes | 450/3 | €13,135 | €6,672 | -€6,463 | -49.2% |
| Other amounts payable | 47/48 | €1,455 | €76 | -€1,379 | -94.7% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €616 | €861 | +€245 | +39.7% |
| Other operating charges | 640/8 | €2,278 | €66 | -€2,213 | -97.1% |
| Non-recurring operating charges | 66A | €1,419 | €0 | -€1,419 | -100.0% |
| Gross operating margin | 9900 | €39,901 | €31,146 | -€8,755 | -21.9% |
| Operating profit (loss) | 9901 | €35,587 | €30,220 | -€5,367 | -15.1% |
| Financial charges | 65/66B | €148 | €60 | -€88 | -59.3% |
| Recurring financial charges | 65 | €148 | €60 | -€88 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | €35,440 | €30,160 | -€5,279 | -14.9% |
| Income taxes | 67/77 | €7,295 | €6,672 | -€624 | -8.5% |
| Profit (loss) for the period | 9904 | €28,144 | €23,488 | -€4,656 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,144 | €23,488 | -€4,656 | -16.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.