ROMANOVA
ActiveSummary
ROMANOVA has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€34,606) and a net result of -€367. Equity is shrinking by about 3.4% per year across the filed financial years. Its solvency ranks better than 5% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €600 after a loss of €1,207 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,907 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €468 | €469 | €516 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €555 | €432 | €1,025 | -€1,478 | €2,375 | -€410 | -€679 | €1,144 | - |
| Operating profit (loss)9901 | €77 | -€48 | €558 | -€1,946 | €1,906 | -€927 | -€1,207 | €600 | - |
| Financial charges65/66B | - | - | - | €850 | €886 | €900 | €934 | €968 | ▲ 3.7% |
| Recurring financial charges65 | €752 | €774 | €803 | €850 | €886 | €900 | €934 | €968 | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | -€674 | -€822 | -€245 | -€2,796 | €1,020 | -€1,826 | -€2,140 | -€367 | ▲ 82.8% |
| Profit (loss) for the period9904 | -€674 | -€822 | -€245 | -€2,796 | €1,020 | -€1,826 | -€2,140 | -€367 | ▲ 82.8% |
| Profit (loss) for the period to be appropriated9905 | -€674 | -€822 | -€245 | -€2,796 | €1,020 | -€1,826 | -€2,140 | -€367 | ▲ 82.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €584 | €528 | €1,351 | €437 | €2,610 | €904 | €207 | €124 | ▼ 40.1% |
| Current assets29/58 | €584 | €528 | €1,351 | €437 | €2,610 | €904 | €207 | €124 | ▼ 40.1% |
| Amounts receivable within one year40/41 | - | €5 | €1,000 | €214 | €2,000 | €73 | €203 | €116 | ▼ 42.8% |
| Trade receivables40 | - | - | - | €0 | €2,000 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €214 | €0 | €73 | €203 | €116 | ▼ 42.8% |
| Cash at bank and in hand54/58 | €584 | €523 | €351 | €223 | €610 | €831 | €4 | €8 | ▲ 83.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €584 | €528 | €1,351 | €437 | €2,610 | €904 | €207 | €124 | ▼ 40.1% |
| Equity10/15 | -€27,429 | -€28,251 | -€28,496 | -€31,291 | -€30,272 | -€32,098 | -€34,239 | -€34,606 | ▼ 1.1% |
| Contributions10/11 | €50 | €50 | - | €50 | €50 | €50 | €50 | €50 | = |
| Reserves13 | €121 | €121 | €121 | €121 | €121 | €121 | €121 | €121 | = |
| Non-distributable reserves130/1 | - | - | - | €121 | €121 | €121 | €121 | €121 | = |
| Reserves not available under the articles1311 | - | - | - | €121 | €121 | €121 | €121 | €121 | = |
| Profit (loss) carried forward14 | -€27,600 | -€28,422 | -€28,667 | -€31,462 | -€30,443 | -€32,269 | -€34,409 | -€34,777 | ▼ 1.1% |
| Amounts payable17/49 | €28,013 | €28,779 | €29,847 | €31,728 | €32,882 | €33,002 | €34,446 | €34,730 | ▲ 0.8% |
| Amounts payable within one year42/48 | €27,281 | €28,029 | €29,073 | €30,916 | €32,025 | €32,126 | €33,540 | €33,792 | ▲ 0.7% |
| Trade debts44 | €242 | €303 | €375 | €666 | €666 | €206 | €744 | €90 | ▼ 87.9% |
| Suppliers440/4 | - | - | - | €666 | €666 | €206 | €744 | €90 | ▼ 87.9% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €296 | €0 | - | - | - |
| Taxes450/3 | - | - | - | €0 | €296 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €30,250 | €31,063 | €31,920 | €32,796 | €33,702 | ▲ 2.8% |
| Accrued charges and deferred income492/3 | - | - | - | €813 | €857 | €876 | €906 | €938 | ▲ 3.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€674 | -€822 | -€245 | -€2,796 | €1,020 | -€1,826 | -€2,140 | -€367 | ▲ 82.8% |
| Operating cash flow (approximation) | -€674 | -€822 | -€245 | -€2,796 | €1,020 | -€1,826 | -€2,140 | -€367 | ▲ 82.8% |
| Change in cash | - | -€61 | -€172 | -€128 | €388 | €220 | -€826 | €4 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 04-05-2026 | 2026-00101038 |
| 31-12-2024 | micro format | 28-04-2025 | 2025-00080183 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00306766 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00381491 |
| 31-12-2021 | micro format | 20-05-2022 | 2022-20030906 |
| 31-12-2020 | micro format | 28-06-2021 | 2021-25500598 |
| 31-12-2019 | micro format | 18-09-2020 | 2020-53900542 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-66900592 |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45700544 |
| 31-12-2016 | micro format | 27-09-2017 | 2017-66400057 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.