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ROMAC FUELS

Active
Public limited companyfounded 200026 yrs activeWelvaartstraat 5, 8630 Veurne, BelgiumKBO/BCE: BE 0472.790.767

ROMAC FUELS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.10M and a net result of €-92k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 29% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
49 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-8
Solvency43▼-2
Growth70▲+1
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.06 in 2024; short-term debt: 80% and cash: 14.5% of total assets), and 81.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
4 d early
2021
2 d early
2020
1 d early
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€96.52M▲ 10.0%
2024 · €87.76M
2019: €65.64M 2020: €52.52M 2021: €46.47M 2022: €73.47M 2023: €103.46M 2024: €87.76M
2019 → 2025
EBIT margin
0.1%▼ 0.3pp
2024 · 0.4%
2019: -0.3% 2020: -0.1% 2021: 0.0% 2022: 0.3% 2023: 0.6% 2024: 0.4%
2019 → 2025
Net result
€-92k
2024 · €154k
2019: €-237k 2020: €-90k 2021: €-82k 2022: €147k 2023: €521k 2024: €154k
2019 → 2025
Working capital
€513k▼ 0.3%
2024 · €514k
2019: €-13k 2020: €-53k 2021: €-831 2022: €-386k 2023: €513k 2024: €514k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€46.47M-€73.47M▲ 58.1%€103.46M▲ 40.8%€87.76M▼ 15.2%€96.52M▲ 10.0%
Equity€1.42M-€1.55M▲ 9.4%€2.06M▲ 32.6%€2.20M▲ 6.8%€2.10M▼ 4.6%
Operating result€-4k-€225k€646k▲ 188%€348k▼ 46.1%€83k▼ 76.2%
Net result€-82k-€147k€521k▲ 255%€154k▼ 70.4%€-92k
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €-4k€-4kNet result 2021: €-82k€-82kOperating result 2022: €225k€225kNet result 2022: €147k€147kOperating result 2023: €646k€646kNet result 2023: €521k€521kOperating result 2024: €348k€348kNet result 2024: €154k€154kOperating result 2025: €83k€83kNet result 2025: €-92k€-92k20212022202320242025
The operating result has fallen two years in a row; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.53M
Fixed assets €1.79M▲ 0.3%
Current assets €9.74M▲ 7.8%
Equity and liabilities €11.53M
Equity €2.10M▼ 4.6%
Debt €9.42M▲ 9.4%
The debt ratio rises from 79.6% to 81.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€645k
2024 · €883k
Cash flow
€470k
2024 · €689k
Solvency
18.2%
2024 · 20.4%
Current ratio
1.06
2024 · 1.06
Quick ratio
0.96
2024 · 0.95
Debt / equity
4.49
2024 · 3.91
ROE
-4.4%
2024 · 7.0%
ROA
-0.8%
2024 · 1.4%
Interest coverage
4.92
2024 · 6.81
Debt
€9.42M
2024 · €8.62M
Debt ≤ 1 year
€9.23M
2024 · €8.52M
Debt > 1 year
€186k
2024 · €79k
Income taxes
€15k
2024 · €44k
Staff costs
€907k
2024 · €795k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€10.82M€11.53M
Fixed assets21/28€1.78M€1.79M
Intangible fixed assets21€31k€21k
Tangible fixed assets22/27€1.75M€1.77M
Land and buildings22€51k€48k
Plant, machinery and equipment23€928k€788k
Furniture and vehicles24€271k€152k
Leasing and similar rights25€10k€287k
Other tangible fixed assets26€489k€492k
Financial fixed assets28€600€0
Other financial fixed assets284/8€600€0
Amounts receivable and cash guarantees285/8€600€0
Current assets29/58€9.04M€9.74M
Stocks and contracts in progress3€964k€866k
Stocks30/36€964k€866k
Goods purchased for resale34€964k€866k
Amounts receivable within one year40/41€6.88M€6.81M
Trade receivables40€6.84M€6.74M
Other amounts receivable41€50k€71k
Current investments50/53€294k€297k
Other investments51/53€294k€297k
Cash at bank and in hand54/58€807k€1.67M
Deferred charges and accrued income490/1€88k€97k
Equity and liabilities
Total equity and liabilities10/49€10.82M€11.53M
Equity10/15€2.20M€2.10M
Contributions10/11€694k€694k=
Capital10€694k€694k=
Issued capital100€694k€694k=
Reserves13€69k€69k=
Non-distributable reserves130/1€69k€69k=
Legal reserve130€69k€69k=
Profit (loss) carried forward14€1.42M€1.33M
Investment grants15€16k€6k
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€8.62M€9.42M
Amounts payable after more than one year17€79k€186k
Financial debts170/4€79k€186k
Leasing and similar obligations172€0€150k
Credit institutions173€79k€36k
Amounts payable within one year42/48€8.52M€9.23M
Current portion of amounts payable after more than one year42€98k€143k
Financial debts43€1.10M€1.30M
Credit institutions430/8€1.10M€1.30M
Trade debts44€5.24M€6.63M
Suppliers440/4€5.24M€6.63M
Taxes, remuneration and social security45€232k€223k
Taxes450/3€98k€80k
Remuneration and social security454/9€134k€143k
Other amounts payable47/48€1.85M€934k
Accrued charges and deferred income492/3€14k€12k
Income statement Code20242025
Operating income70/76A€87.79M€96.59M
Turnover70€87.76M€96.52M
Own construction capitalised72-€2k
Other operating income74€15k€60k
Non-recurring operating income76A€13k€8k
Operating charges60/66A€87.44M€96.51M
Goods for resale, raw materials and consumables60€83.19M€91.80M
Purchases600/8€83.31M€91.70M
Change in stocks: decrease (increase)609€-122k€98k
Services and other goods61€2.84M€3.11M
Remuneration, social security and pensions62€795k€907k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€535k€562k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€-9k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-30k€0
Other operating charges640/8€100k€127k
Non-recurring operating charges66A-€20k
Operating profit (loss)9901€348k€83k
Financial income75/76B€27k€25k
Recurring financial income75€27k€25k
Income from current assets751€8k€11k
Other financial income752/9€19k€14k
Financial charges65/66B€177k€184k
Recurring financial charges65€177k€184k
Debt charges650€130k€131k
Other financial charges652/9€47k€53k
Profit (loss) for the period before taxes9903€198k€-76k
Income taxes67/77€44k€15k
Taxes670/3€44k€15k
Profit (loss) for the period9904€154k€-92k
Profit (loss) for the period to be appropriated9905€154k€-92k
Appropriation of the result
Profit (loss) to be appropriated9906€1.42M€1.33M
Profit (loss) brought forward from the previous period14P€1.27M€1.42M
Social balance
Average headcount (FTE)908715.416.8

The notes to these accounts (111 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial Highest result since 2019net €521k ▲255%
Operating result €646k, net result €521k, both a record.
31-03
Financial Equity above €2MEq €2.06M ▲32.6%
2 profitable years in a row build equity to €2.06M.
2022
27-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial Back to profitnet €147k
Net result €147k after 3 loss-making years.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
26-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
28-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Veurne · 4 establishment units since 2000
establishment approximate 3 of 4 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Welvaartstraat 58630 Veurne
Ground area
1.6 ha
Building footprint
9,094 m²
Volume, LiDAR
68,130 m³
3 parcels, Flanders, Wallonia · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
ROMAC FUELS
Welvaartstraat 5, 8630 VeurneWater transport
since 20002.099.862.532
ROMAC FUELS
Noordhinderstraat 1, 8400 OostendeNACE 50101
since 20002.099.862.334
TRUCKSTOP
Nijverheidsstraat 1, 8630 VeurneWater transport
since 20062.231.433.926
ROMAC FUELS
Rue du Bois de la Hutte(H-G) S/N, 7110 La LouvièreNACE 45201
since 20182.282.929.840
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
38025C0183/00F000 Flanders 9,094 m² 1 · 9,094 m² 8.5 m · 3 fl.
55020B0304/00F002 Wallonia 4,750 m² - -
38025C0203/00P002 Flanders 2,054 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 1,515 EUR awarded · 1,515 EUR paid
Year Entries awardedpaid
2025 1 642 EUR642 EUR
2022 1 873 EUR873 EUR
Schemes
Vlaams opleidingsverlof (VOV)
1 entry · 873 EUR · 873 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 642 EUR · 642 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Veurne2.231.433.926
2 permissions
Toelating · Detailhandel · since 01-02-2015
Toelating · Eetgelegenheid · since 01-02-2015

Legal Entity Identifier

894500HH9YBY8JLP4L44
live in the LEI register

Similar companies · same sector, comparable size

Of 1,267 companies in sector 47300 we hold annual accounts for 946. 371 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-09-2000
Fiscal year end31-03
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Phone:058/33.51.12
Enterprise
Fax:058/33.51.16
Enterprise