ROMAIN
ActiveSummary
The computed 12-month bankruptcy probability of ROMAIN is 2.0% (moderate). The 2025 annual accounts show equity of €129,531 and a net result of €150,525. Equity is growing by ~95.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 28254 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+11
Solvency38▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.97 in 2024; short-term debt: 27.1% and cash: 8.1% of total assets), and 86.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.1%
Return on assets
15.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 28254 sector peers (2025).
NBB · sector comparisonPosition among 28254 sector peers
Solvency
better than 16%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
75 d early
2022
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 2 July (3 of the last 4 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€129,531▲ 67.8%
2024 · €77,213
Total assets
€987,382▲ 14.4%
2024 · €862,855
Net result
€150,525▲ 156%
2024 · €58,804
Working capital
-€40,586▼ 815%
2024 · -€4,434
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€13,560-€8,503▼ 37.3%€92,962▲ 993%€214,671▲ 131%
Net result€9,341within the sector's middle half-€6,069within the sector's middle half▼ 35.0%€58,804above the sector's middle half▲ 869%€150,525above the sector's middle half▲ 156%
Equity€12,341below the sector's middle half-€18,410below the sector's middle half▲ 49.2%€77,213within the sector's middle half▲ 319%€129,531within the sector's middle half▲ 67.8%
Total assets€20,547below the sector's middle half-€26,071below the sector's middle half▲ 26.9%€862,855above the sector's middle half▲ 3,210%€987,382above the sector's middle half▲ 14.4%
Debt€8,206-€7,662▼ 6.6%€785,642▲ 10,154%€857,851▲ 9.2%
Working capital€4,613below the sector's middle half-€14,249within the sector's middle half▲ 209%-€4,434below the sector's middle half-€40,586below the sector's middle half▼ 815%
Solvency60.1%within the sector's middle half-70.6%above the sector's middle half▲ 10.6pp8.9%below the sector's middle half▼ 61.7pp13.1%below the sector's middle half▲ 4.2pp
Current ratio1.56within the sector's middle half-2.86within the sector's middle half▲ 1.300.97below the sector's middle half▼ 1.890.85below the sector's middle half▼ 0.12
Return on assets (ROA)45.5%above the sector's middle half-23.3%above the sector's middle half▼ 22.2pp6.8%within the sector's middle half▼ 16.5pp15.2%within the sector's middle half▲ 8.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 131% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €987,382
Fixed assets
€760,193 ▲ 3.8%
Current assets
€227,188 ▲ 73.7%
Equity and liabilities €987,382
Equity
€129,531 ▲ 67.8%
Debt
€857,851 ▲ 9.2%
Debt's share of the balance-sheet total falls from 91.1% to 86.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€223,491▲
2024 · €96,529
Cash flow
€159,346▲
2024 · €62,370
Debt to equity
6.62▼
2024 · 10.17
ROE
116.2%▲
2024 · 76.2%
Interest coverage
8.56▲
2024 · 7.42
Debt ≤ 1 year
€267,774▲
2024 · €135,194
Debt > 1 year
€590,077▼
2024 · €650,447
Income taxes
€61,587▲
2024 · €21,149
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €156 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,972 | €3,567 | €3,567 | €8,820 | ▲ 147% |
| Other operating charges640/8 | €610 | €682 | €722 | €793 | ▲ 9.9% |
| Gross operating margin9900 | €17,143 | €12,751 | €97,251 | €224,284 | ▲ 131% |
| Operating profit (loss)9901 | €13,560 | €8,503 | €92,962 | €214,671 | ▲ 131% |
| Financial income75/76B | - | €0 | - | €23,550 | - |
| Recurring financial income75 | - | €0 | - | €23,550 | - |
| Financial charges65/66B | €155 | €50 | €13,010 | €26,108 | ▲ 101% |
| Recurring financial charges65 | €155 | €50 | €13,010 | €26,108 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €13,405 | €8,452 | €79,953 | €212,113 | ▲ 165% |
| Income taxes67/77 | €4,064 | €2,383 | €21,149 | €61,587 | ▲ 191% |
| Profit (loss) for the period9904 | €9,341 | €6,069 | €58,804 | €150,525 | ▲ 156% |
| Profit (loss) for the period to be appropriated9905 | €9,341 | €6,069 | €58,804 | €150,525 | ▲ 156% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €20,547 | €26,071 | €862,855 | €987,382 | ▲ 14.4% |
| Fixed assets21/28 | €7,728 | €4,161 | €732,094 | €760,193 | ▲ 3.8% |
| Tangible fixed assets22/27 | €7,728 | €4,161 | €594 | €28,693 | ▲ 4,727% |
| Furniture and vehicles24 | €7,728 | €4,161 | €594 | €28,693 | ▲ 4,727% |
| Financial fixed assets28 | - | - | €731,500 | €731,500 | = |
| Current assets29/58 | €12,819 | €21,910 | €130,761 | €227,188 | ▲ 73.7% |
| Amounts receivable within one year40/41 | €4,424 | €20,421 | €121,000 | €146,554 | ▲ 21.1% |
| Trade receivables40 | €4,102 | €18,664 | €121,000 | €146,554 | ▲ 21.1% |
| Other amounts receivable41 | €322 | €1,758 | - | - | - |
| Cash at bank and in hand54/58 | €8,395 | €1,489 | €9,761 | €80,090 | ▲ 721% |
| Deferred charges and accrued income490/1 | - | - | - | €545 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €20,547 | €26,071 | €862,855 | €987,382 | ▲ 14.4% |
| Equity10/15 | €12,341 | €18,410 | €77,213 | €129,531 | ▲ 67.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €9,341 | €9,341 | €9,341 | €126,531 | ▲ 1,255% |
| Distributable reserves133 | €9,341 | €9,341 | €9,341 | €126,531 | ▲ 1,255% |
| Profit (loss) carried forward14 | - | €6,069 | €64,873 | - | - |
| Amounts payable17/49 | €8,206 | €7,662 | €785,642 | €857,851 | ▲ 9.2% |
| Amounts payable after more than one year17 | - | - | €650,447 | €590,077 | ▼ 9.3% |
| Financial debts170/4 | - | - | €550,447 | €490,077 | ▼ 11.0% |
| Other amounts payable178/9 | - | - | €100,000 | €100,000 | = |
| Amounts payable within one year42/48 | €8,206 | €7,662 | €135,194 | €267,774 | ▲ 98.1% |
| Current portion of amounts payable after more than one year42 | - | - | €81,053 | €101,098 | ▲ 24.7% |
| Trade debts44 | €1,625 | €4,272 | €3,650 | €3,360 | ▼ 8.0% |
| Suppliers440/4 | €1,625 | €4,272 | €3,650 | €3,360 | ▼ 8.0% |
| Taxes, remuneration and social security45 | €6,581 | €3,389 | €45,340 | €97,948 | ▲ 116% |
| Taxes450/3 | €4,064 | €2,392 | €43,863 | €97,948 | ▲ 123% |
| Remuneration and social security454/9 | €2,517 | €998 | €1,477 | - | - |
| Other amounts payable47/48 | - | - | €5,151 | €65,369 | ▲ 1,169% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,341 | €6,069 | €58,804 | €150,525 | ▲ 156% |
| + Depreciation and write-downs630 | €2,972 | €3,567 | €3,567 | €8,820 | ▲ 147% |
| Operating cash flow (approximation) | €12,313 | €9,636 | €62,370 | €159,346 | ▲ 155% |
| Investment in fixed assets (approximation) | - | €0 | -€731,500 | -€36,919 | ▲ 95.0% |
| Change in cash | - | -€6,906 | €8,272 | €70,329 | ▲ 750% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €150,525 ▲156%
Operating result €214,671, net result €150,525, both a record.
31-12
Financial
Equity above €100,000Eq €129,531 ▲67.8%
4 profitable years in a row build equity to €129,531.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6,069 ▼35%
Net result drops to €6,069, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2022
Ground area
1,097 m²
Building footprint
142 m²
Volume, LiDAR
650 m³
Parcel 34453E0222/00N000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ROMAIN
since 20222.326.961.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453E0222/00N000 | Flanders | 1,097 m² | 1 · 142 m² | 6.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2025 annual accounts of ROMAIN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,691 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
31001Manufacture of furniture
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779944732
Also
9925:BE0779944732
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.