Romag
ActiveRomag has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €-20k. Equity is shrinking by ~20.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 29% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+15
Solvency32▼-12
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.11 against 0.15 in 2024; short-term debt: 80.4% and cash: 2.3% of total assets), and 93% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
-6.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-20k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
56 d early
2023
35 d early
2022
on the day
2021
43 d early
2020
31 d late
2019
66 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 49.3%
2024 · €41k
2018: €452k
2019: €475k
2020: €525k
2021: €502k
2022: €272k
2023: €117k
2024: €41k
2018 → 2025
Total assets
€297k▲ 35.4%
2024 · €219k
2018: €1.19M
2019: €1.14M
2020: €1.14M
2021: €1.03M
2022: €537k
2023: €346k
2024: €219k
2018 → 2025
Net result
€-20k▲ 73.4%
2024 · €-76k
2018: €-38k
2019: €23k
2020: €50k
2021: €-24k
2022: €211k
2023: €-156k
2024: €-76k
2018 → 2025
Working capital
€-213k▼ 99.7%
2024 · €-107k
2018: €126k
2019: €118k
2020: €172k
2021: €126k
2022: €136k
2023: €-85k
2024: €-107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€502k-€272k▼ 45.8%€117k▼ 57.2%€41k▼ 65.0%€21k▼ 49.3%
Operating result€-16k-€307k€-152k€-70k▲ 53.8%€-16k▲ 77.8%
Net result€-24k-€211k€-156k€-76k▲ 51.3%€-20k▲ 73.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €70k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€272k▲ 35.7%
Current assets
€25k▲ 31.9%
Equity and liabilities €297k
Equity
€21k▼ 49.3%
Debt
€276k▲ 54.8%
The debt ratio rises from 81.4% to 93.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €-54k
Cash flow
€-3k▲
2024 · €-59k
Solvency
7.0%▼
2024 · 18.6%
Current ratio
0.11▼
2024 · 0.15
Quick ratio
0.11▼
2024 · 0.15
Debt / equity
13.37▲
2024 · 4.38
ROE
-97.4%▲
2024 · -185.5%
ROA
-6.8%▲
2024 · -34.5%
Interest coverage
0.53▲
2024 · -12.27
Debt
€276k▲
2024 · €179k
Debt ≤ 1 year
€239k▲
2024 · €126k
Debt > 1 year
€38k▼
2024 · €52k
Income taxes
€1k▼
2024 · €1k
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€219k€297k▲
Fixed assets21/28€200k€272k▲
Tangible fixed assets22/27€200k€271k▲
Land and buildings22€187k€178k▼
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€2k€84k▲
Financial fixed assets28€135€135=
Current assets29/58€19k€25k▲
Amounts receivable within one year40/41€12k€13k▲
Trade receivables40€12k€6k▼
Other amounts receivable41€134€7k▲
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€219k€297k▲
Equity10/15€41k€21k▼
Contributions10/11€1k€1k=
Reserves13€263k€263k=
Distributable reserves133€263k€263k=
Profit (loss) carried forward14€-223k€-243k▼
Amounts payable17/49€179k€276k▲
Amounts payable after more than one year17€52k€38k▼
Financial debts170/4€52k€38k▼
Amounts payable within one year42/48€126k€239k▲
Current portion of amounts payable after more than one year42€16k€15k▼
Trade debts44€2k€38k▲
Suppliers440/4€2k€38k▲
Taxes, remuneration and social security45€212€1k▲
Taxes450/3€212€1k▲
Other amounts payable47/48€108k€185k▲
Income statement
Code20242025
Non-recurring operating income76A€5k€220▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€162€126▼
Gross operating margin9900€-50k€6k▲
Operating profit (loss)9901€-70k€-16k▲
Financial income75/76B€17€3▼
Recurring financial income75€17€3▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-75k€-19k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-76k€-20k▲
Profit (loss) for the period to be appropriated9905€-76k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-223k€-243k▼
Profit (loss) brought forward from the previous period14P€-147k€-223k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-156k ▼174%
Net result drops to €-156k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €211k
Net result €211k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €500kEq €525k ▲10.6%
2 profitable years in a row build equity to €525k.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Beringen · 1 establishment unit since 2010
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.
Sparrenstraat 143583 BeringenGround area
902 m²
Building footprint
167 m²
Volume, LiDAR
1,034 m³
Parcel 71049B0467/00W000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Romag
since 20102.195.327.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B0467/00W000 | Flanders | 902 m² | 1 · 167 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GITE DE SURISTER
BE 0428.666.556
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KLI-MAAS IMMO
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COCOON IMMO CONCEPT
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Liège · Eq €20k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 2,149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2010
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.