RAPIRA ENGINEERING: 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.
RAPIRA ENGINEERING
Largest movements
- Receivables within one year -€34,068
down €34,068 (-67.0%), from €50,853 to €16,785
of which Trade receivables: -€32,587
- Cash -€7,938
down €7,938 (-98.6%), from €8,052 to €115
mainly Advances received (-€19,918) and Trade debts (-€10,621)
- Stocks and contracts +€3,383
up €3,383 (+72.8%), from €4,646 to €8,028
- Advances received -€19,918
no longer reported in 2025 (was €19,918)
- Trade debts -€10,621
down €10,621 (-74.3%), from €14,294 to €3,673
- Other debts -€7,900
down €7,900 (-61.5%), from €12,849 to €4,948
- Profit (loss) carried forward -€1,384
down €1,384 (-10.9%), from €12,654 to €11,270
- Tax, wage and social debts +€1,200
up €1,200 (+143%), from €836 to €2,036
of which Remuneration and social security: +€1,200
- Taxes -€8,657
no longer reported in 2025 (was €8,657)
- Gross operating margin -€7,694
down €7,694, from €6,438 to -€1,256
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 | €63,551 | €24,928 | -€38,623 | -60.8% |
| Current assets | 29/58 | €63,551 | €24,928 | -€38,623 | -60.8% |
| Stocks and contracts in progress | 3 | €4,646 | €8,028 | +€3,383 | +72.8% |
| Stocks | 30/36 | €4,646 | €8,028 | +€3,383 | +72.8% |
| Amounts receivable within one year | 40/41 | €50,853 | €16,785 | -€34,068 | -67.0% |
| Trade receivables | 40 | €48,638 | €16,051 | -€32,587 | -67.0% |
| Other amounts receivable | 41 | €2,215 | €734 | -€1,480 | -66.8% |
| Cash at bank and in hand | 54/58 | €8,052 | €115 | -€7,938 | -98.6% |
| Total equity and liabilities | 10/49 | €63,551 | €24,928 | -€38,623 | -60.8% |
| Equity | 10/15 | €15,654 | €14,270 | -€1,384 | -8.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,654 | €11,270 | -€1,384 | -10.9% |
| Amounts payable | 17/49 | €47,897 | €10,658 | -€37,239 | -77.7% |
| Amounts payable within one year | 42/48 | €47,897 | €10,658 | -€37,239 | -77.7% |
| Trade debts | 44 | €14,294 | €3,673 | -€10,621 | -74.3% |
| Suppliers | 440/4 | €14,294 | €3,673 | -€10,621 | -74.3% |
| Advances received on contracts in progress | 46 | €19,918 | - | -€19,918 | |
| Taxes, remuneration and social security | 45 | €836 | €2,036 | +€1,200 | +143% |
| Taxes | 450/3 | €836 | €836 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €12,849 | €4,948 | -€7,900 | -61.5% |
| Gross operating margin | 9900 | €6,438 | -€1,256 | -€7,694 | |
| Operating profit (loss) | 9901 | €6,438 | -€1,256 | -€7,694 | |
| Financial charges | 65/66B | €136 | €128 | -€8 | -5.6% |
| Recurring financial charges | 65 | €136 | €128 | -€8 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €6,302 | -€1,384 | -€7,686 | |
| Income taxes | 67/77 | €8,657 | - | -€8,657 | |
| Profit (loss) for the period | 9904 | -€2,355 | -€1,384 | +€971 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,355 | -€1,384 | +€971 | +41.2% |
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 22 October 2026 via checked.be.