ROMAN
ActiveSummary
ROMAN has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.15M and a net result of €-160k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 868 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-53
Solvency77▼-3
Growth66▼-19
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.07 in 2024; short-term debt: 48.4% and cash: 23.3% of total assets), and 48.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
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
51.6%
Return on assets
-7.2%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
28 d early
2023
19 d early
2022
20 d early
2021
13 d early
2020
11 d late
2019
7 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.85M▼ 1.0%
2024 · €6.92M
2018: €2.15Mlowest in 8 years
2019: €3.43M▲ +59.1% vs 2018
2020: €5.83M▲ +70.1% vs 2019
2021: €5.81M▼ -0.4% vs 2020
2022: €6.20M▲ +6.7% vs 2021
2023: €6.57M▲ +6.1% vs 2022
2024: €6.92M▲ +5.2% vs 2023highest in 8 years
2025: €6.85M▼ -1.0% vs 2024
2018 → 2025
EBIT margin
-2.3%▼ 4.9pp
2024 · 2.5%
2018: 4.0%
2019: -1.0%▼ -126% vs 2018
2020: 3.5%▲ +439% vs 2019
2021: 2.9%▼ -16.9% vs 2020
2022: -2.4%▼ -181% vs 2021lowest in 8 years
2023: 4.3%▲ +280% vs 2022highest in 8 years
2024: 2.5%▼ -40.5% vs 2023
2025: -2.3%▼ -191% vs 2024
2018 → 2025
Net result
€-160k
2024 · €130k
2018: €54k
2019: €-38k▼ -169% vs 2018
2020: €160k▲ +526% vs 2019
2021: €160k▲ +0.3% vs 2020
2022: €-148k▼ -193% vs 2021
2023: €202k▲ +236% vs 2022highest in 8 years
2024: €130k▼ -35.8% vs 2023
2025: €-160k▼ -223% vs 2024lowest in 8 years
2018 → 2025
Working capital
€908k▼ 20.0%
2024 · €1.13M
2018: €673k
2019: €-208k▼ -131% vs 2018lowest in 8 years
2020: €123k▲ +159% vs 2019
2021: €345k▲ +181% vs 2020
2022: €406k▲ +17.7% vs 2021
2023: €848k▲ +109% vs 2022
2024: €1.13M▲ +33.8% vs 2023highest in 8 years
2025: €908k▼ -20.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.81M-€6.20M▲ 6.7%€6.57M▲ 6.1%€6.92M▲ 5.2%€6.85M▼ 1.0%
2021: €5.81Mlowest in 5 years
2022: €6.20M▲ +6.7% vs 2021
2023: €6.57M▲ +6.1% vs 2022
2024: €6.92M▲ +5.2% vs 2023highest in 5 years
2025: €6.85M▼ -1.0% vs 2024
Equity€1.13M-€982k▼ 13.1%€1.18M▲ 20.6%€1.31M▲ 10.9%€1.15M▼ 12.2%
2021: €1.13M
2022: €982k▼ -13.1% vs 2021lowest in 5 years
2023: €1.18M▲ +20.6% vs 2022
2024: €1.31M▲ +10.9% vs 2023highest in 5 years
2025: €1.15M▼ -12.2% vs 2024
Operating result€170k-€-147k€281k€176k▼ 37.3%€-158k
2021: €170k
2022: €-147k▼ -187% vs 2021
2023: €281k▲ +291% vs 2022highest in 5 years
2024: €176k▼ -37.3% vs 2023
2025: €-158k▼ -190% vs 2024lowest in 5 years
Net result€160k-€-148k€202k€130k▼ 35.8%€-160k
2021: €160k
2022: €-148k▼ -193% vs 2021
2023: €202k▲ +236% vs 2022highest in 5 years
2024: €130k▼ -35.8% vs 2023
2025: €-160k▼ -223% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €158k after €176k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.23M
Fixed assets
€245k ▲ 37.5%
Current assets
€1.99M ▼ 9.4%
Equity and liabilities €2.23M
Equity
€1.15M ▼ 12.2%
Debt
€1.08M ▲ 1.8%
Debt's share of the balance-sheet total rises from 44.7% to 48.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-114k▼
2024 · €344k
Cash flow
€-117k▼
2024 · €297k
Current ratio
1.84▼
2024 · 2.07
Quick ratio
1.83▼
2024 · 2.05
Debt to equity
0.94▲
2024 · 0.81
ROE
-13.9%▼
2024 · 9.9%
ROA
-7.2%▼
2024 · 5.5%
Interest coverage
-48.36▼
2024 · 132.98
Debt ≤ 1 year
€1.08M▲
2024 · €1.06M
Staff costs
€3.74M▲
2024 · €3.66M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.37M€2.23M▼
Fixed assets21/28€178k€245k▲
Tangible fixed assets22/27€178k€245k▲
Land and buildings22€113k€113k=
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€58k€128k▲
Current assets29/58€2.20M€1.99M▼
Stocks and contracts in progress3€18k€14k▼
Stocks30/36€18k€14k▼
Raw materials and consumables30/31€18k€14k▼
Amounts receivable within one year40/41€1.46M€1.36M▼
Trade receivables40€1.24M€1.20M▼
Other amounts receivable41€224k€166k▼
Cash at bank and in hand54/58€626k€520k▼
Deferred charges and accrued income490/1€92k€91k▼
Equity and liabilities
Total equity and liabilities10/49€2.37M€2.23M▼
Equity10/15€1.31M€1.15M▼
Contributions10/11€38k€38k=
Reserves13€1.28M€1.12M▼
Tax-exempt reserves132€162k€162k=
Distributable reserves133€1.11M€954k▼
Amounts payable17/49€1.06M€1.08M▲
Amounts payable within one year42/48€1.06M€1.08M▲
Trade debts44€393k€625k▲
Suppliers440/4€393k€625k▲
Taxes, remuneration and social security45€471k€456k▼
Taxes450/3€19k-
Remuneration and social security454/9€452k€456k▲
Other amounts payable47/48€198k-
Income statement
Code20242025
Operating income70/76A€7.40M€7.13M▼
Turnover70€6.92M€6.85M▼
Other operating income74€487k€287k▼
Operating charges60/66A€7.23M€7.29M▲
Goods for resale, raw materials and consumables60€1.35M€1.25M▼
Purchases600/8€1.36M€1.24M▼
Change in stocks: decrease (increase)609€-4k€3k▲
Services and other goods61€2.03M€2.24M▲
Remuneration, social security and pensions62€3.66M€3.74M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167k€43k▼
Other operating charges640/8€11k€24k▲
Operating profit (loss)9901€176k€-158k▼
Financial income75/76B€4k€280▼
Recurring financial income75€33€280▲
Other financial income752/9€33€280▲
Non-recurring financial income76B€4k-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Other financial charges652/9€3k€2k▼
Profit (loss) for the period before taxes9903€178k€-160k▼
Income taxes67/77€48k-
Taxes670/3€48k-
Profit (loss) for the period9904€130k€-160k▼
Profit (loss) for the period to be appropriated9905€130k€-160k▼
Appropriation of the result
Profit (loss) to be appropriated9906€130k€-160k▼
Transfer from equity791/2-€160k
From reserves792-€160k
Transfer to equity691/2€130k-
To other reserves6921€130k-
Social balance
Average headcount (FTE)908756.855.5▼
The notes to these accounts (35 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.25M | €6.45M | €6.93M | €7.40M | €7.13M | ▼ 3.6% |
| Turnover70 | €5.81M | €6.20M | €6.57M | €6.92M | €6.85M | ▼ 1.0% |
| Other operating income74 | €442k | €250k | €355k | €487k | €287k | ▼ 41.0% |
| Operating charges60/66A | €6.08M | €6.59M | €6.65M | €7.23M | €7.29M | ▲ 0.9% |
| Goods for resale, raw materials and consumables60 | €1.06M | €1.40M | €1.33M | €1.35M | €1.25M | ▼ 7.9% |
| Purchases600/8 | €1.06M | €1.40M | €1.34M | €1.36M | €1.24M | ▼ 8.4% |
| Change in stocks: decrease (increase)609 | €-1k | €1k | €-5k | €-4k | €3k | ▲ 181% |
| Services and other goods61 | €1.44M | €1.71M | €1.72M | €2.03M | €2.24M | ▲ 9.9% |
| Remuneration, social security and pensions62 | €3.36M | €3.25M | €3.35M | €3.66M | €3.74M | ▲ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €219k | €234k | €236k | €167k | €43k | ▼ 74.1% |
| Other operating charges640/8 | €3k | €7k | €7k | €11k | €24k | ▲ 114% |
| Operating profit (loss)9901 | €170k | €-147k | €281k | €176k | €-158k | ▼ 190% |
| Financial income75/76B | - | €280 | €26 | €4k | €280 | ▼ 93.6% |
| Recurring financial income75 | - | €280 | €26 | €33 | €280 | ▲ 756% |
| Other financial income752/9 | - | €280 | €26 | €33 | €280 | ▲ 756% |
| Non-recurring financial income76B | - | - | - | €4k | - | - |
| Financial charges65/66B | €2k | €2k | €40k | €3k | €2k | ▼ 8.3% |
| Recurring financial charges65 | €2k | €2k | €40k | €3k | €2k | ▼ 8.3% |
| Debt charges650 | - | - | €38k | - | - | - |
| Other financial charges652/9 | €2k | €2k | €3k | €3k | €2k | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €168k | €-148k | €241k | €178k | €-160k | ▼ 190% |
| Income taxes67/77 | €7k | €0 | €39k | €48k | - | - |
| Taxes670/3 | €7k | €0 | €39k | €48k | - | - |
| Profit (loss) for the period9904 | €160k | €-148k | €202k | €130k | €-160k | ▼ 223% |
| Transfer to tax-exempt reserves689 | €154k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €7k | €-148k | €202k | €130k | €-160k | ▼ 223% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.82M | €2.48M | €2.57M | €2.37M | €2.23M | ▼ 5.9% |
| Fixed assets21/28 | €785k | €576k | €336k | €178k | €245k | ▲ 37.5% |
| Tangible fixed assets22/27 | €781k | €572k | €336k | €178k | €245k | ▲ 37.5% |
| Land and buildings22 | €113k | €113k | €113k | €113k | €113k | = |
| Plant, machinery and equipment23 | €36k | €36k | €19k | €7k | €4k | ▼ 41.2% |
| Furniture and vehicles24 | €632k | €424k | €205k | €58k | €128k | ▲ 120% |
| Financial fixed assets28 | €4k | €4k | - | - | - | - |
| Other financial fixed assets284/8 | €4k | €4k | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €4k | €4k | - | - | - | - |
| Current assets29/58 | €2.04M | €1.91M | €2.24M | €2.20M | €1.99M | ▼ 9.4% |
| Stocks and contracts in progress3 | €10k | €9k | €14k | €18k | €14k | ▼ 17.5% |
| Stocks30/36 | €10k | €9k | €14k | €18k | €14k | ▼ 17.5% |
| Raw materials and consumables30/31 | €10k | €9k | €14k | €18k | €14k | ▼ 17.5% |
| Amounts receivable within one year40/41 | €1.26M | €1.35M | €1.38M | €1.46M | €1.36M | ▼ 6.7% |
| Trade receivables40 | €1.04M | €1.12M | €1.13M | €1.24M | €1.20M | ▼ 3.3% |
| Other amounts receivable41 | €221k | €227k | €251k | €224k | €166k | ▼ 25.7% |
| Cash at bank and in hand54/58 | €681k | €514k | €747k | €626k | €520k | ▼ 16.9% |
| Deferred charges and accrued income490/1 | €82k | €38k | €96k | €92k | €91k | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.82M | €2.48M | €2.57M | €2.37M | €2.23M | ▼ 5.9% |
| Equity10/15 | €1.13M | €982k | €1.18M | €1.31M | €1.15M | ▼ 12.2% |
| Contributions10/11 | €38k | €38k | €38k | €38k | €38k | = |
| Reserves13 | €1.09M | €944k | €1.15M | €1.28M | €1.12M | ▼ 12.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €162k | €162k | €162k | €162k | €162k | = |
| Distributable reserves133 | €929k | €780k | €984k | €1.11M | €954k | ▼ 14.4% |
| Amounts payable17/49 | €1.69M | €1.50M | €1.39M | €1.06M | €1.08M | ▲ 1.8% |
| Amounts payable within one year42/48 | €1.69M | €1.50M | €1.39M | €1.06M | €1.08M | ▲ 1.8% |
| Trade debts44 | €221k | €288k | €496k | €393k | €625k | ▲ 58.9% |
| Suppliers440/4 | €221k | €288k | €496k | €393k | €625k | ▲ 58.9% |
| Taxes, remuneration and social security45 | €399k | €399k | €418k | €471k | €456k | ▼ 3.1% |
| Taxes450/3 | €31k | €27k | €20k | €19k | - | - |
| Remuneration and social security454/9 | €368k | €373k | €398k | €452k | €456k | ▲ 0.9% |
| Other amounts payable47/48 | €1.07M | €815k | €475k | €198k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €160k | €-148k | €202k | €130k | €-160k | ▼ 223% |
| + Depreciation and write-downs630 | €219k | €234k | €236k | €167k | €43k | ▼ 74.1% |
| Operating cash flow (approximation) | €379k | €85k | €438k | €297k | €-117k | ▼ 139% |
| Investment in fixed assets (approximation) | - | €-24k | €4k | €-10k | €-110k | ▼ 1,003% |
| Change in cash | - | €-167k | €233k | €-121k | €-106k | ▲ 13.0% |
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
25-09
State Gazette act
Appointment: Ruth Lanssens (director)2 facts ▸
State Gazette act
Appointment: Ruth Lanssens (director)
2 facts ▸
- General meeting, 25-06-2026
- Director appointment, Ruth Lanssens (director)
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-160k
Net result drops to €-160k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Back to profitnet €202k
Net result €202k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.18M ▲20.6%
Equity rises from €982k to €1.18M.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial
Equity above €1MEq €1.13M ▲16.5%
2 profitable years in a row build equity to €1.13M.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 11 days late
2020
31-12
Financial
Back to profitnet €160k
Net result €160k after one loss-making year.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Ruth Lanssens
CurrentDirector · since 01-07-2026
01-07-2026
Appointed as Director
Not every act has been read: a resignation may be missing here
9 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1984
Ground area
1,648 m²
Building footprint
123 m²
Volume, LiDAR
1,252 m³
Parcel 57069C0222/00D002, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Tournai(R-C) 1C, 7520 Tournai
since 19842.024.757.313
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57069C0222/00D002 | Wallonia | 1,647 m² | 1 · 123 m² | 13.3 m · 3 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.
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Identification & contact
Identification
Legal formPrivate limited company
Founded01-05-1984
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
Scores and ratios are computed by Checked and are not a credit decision.