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ROMAR

Active
Private limited company (pre-2019)founded 198937 yrs activeSint-Goriksplein 16, 1000 Brussel, BelgiumKBO/BCE: BE 0437.007.071
Summary

The computed 12-month bankruptcy probability of ROMAR is 3.4% (moderate). The 2025 annual accounts show negative equity (€-21k) and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 3705 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.2 in 2024; short-term debt: 172.6% and cash: 4.7% of total assets), and equity is negative.
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Signals

Six 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-72.6%
Return on assets
-49.3%
Age of the figures
9 mo
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
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
30 d late
2022
31 d late
2021
152 d late
2020
31 d late
2019
102 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

History

ROMAR was incorporated on 16 March 1989.1 Total assets fell from EUR 34,698 in 2018 to EUR 28,302 in 2025 and headcount from 0.3 full-time equivalents in 2018 to 2.5 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€82k
EBIT margin
-7.2%
Net result
€-14k▲ 35.6%
2024 · €-22k
Working capital
€-42k▼ 49.0%
2024 · €-28k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€82k
Operating result€-6k▲ 67.8%€4k€-3k€-20k▼ 660%€-13k▲ 37.5%
Net result€-7k▲ 65.9%€3k€-5k€-22k▼ 354%€-14k▲ 35.6%
EBIT margin-7.2%
Equity€17k▼ 27.8%€20k▲ 16.4%€15k▼ 24.0%€-7k€-21k▼ 212%
Total assets€65k▲ 5.1%€59k▼ 10.0%€40k▼ 31.5%€29k▼ 27.5%€28k▼ 3.0%
Debt€48k▲ 25.3%€39k▼ 19.4%€25k▼ 35.3%€36k▲ 42.2%€49k▲ 36.6%
Working capital€-17k▼ 54.5%€-6k▲ 64.1%€-16k▼ 154%€-28k▼ 81.4%€-42k▼ 49.0%
Staff (FTE)2.5▲ 400%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2021: €-6k€-6kNet result 2021: €-7k€-7kOperating result 2022: €4k€4kNet result 2022: €3k€3kOperating result 2023: €-3k€-3kNet result 2023: €-5k€-5kOperating result 2024: €-20k€-20kNet result 2024: €-22k€-22kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k20212022202320242025€-30k€-20k€-10k€0Operating result 2023: €-3k€-2.6kNet result 2023: €-5k€-4.8kOperating result 2024: €-20k€-20kNet result 2024: €-22k€-22kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k202320242025
The operating result stays negative: a loss of €13k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets €22k =
Current assets €6k ▼ 11.9%
Key figures and ratios
2025 value · change against 2024
Solvency
-72.6%▼
2024 · -22.6%
Current ratio
0.13▼
2024 · 0.20
Quick ratio
0.04▼
2024 · 0.08
Debt to equity
-2.38▲
2024 · -5.43
ROA
-49.3%▲
2024 · -74.4%
Debt ≤ 1 year
€49k▲
2024 · €36k
Staff costs
€3k▲
2024 · €835
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€29k€28k▼
Fixed assets21/28€22k€22k=
Financial fixed assets28€22k€22k=
Current assets29/58€7k€6k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€680€680=
Equity and liabilities
Total equity and liabilities10/49€29k€28k▼
Equity10/15€-7k€-21k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-27k€-41k▼
Amounts payable17/49€36k€49k▲
Amounts payable within one year42/48€36k€49k▲
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€3k€10k▲
Other amounts payable47/48€28k€32k▲
Income statement Code20242025
Remuneration, social security and pensions62€835€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8-€2k
Non-recurring operating charges66A€7k-
Gross operating margin9900€-10k€-8k▲
Operating profit (loss)9901€-20k€-13k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-22k€-14k▲
Profit (loss) for the period9904€-22k€-14k▲
Profit (loss) for the period to be appropriated9905€-22k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-41k▼
Profit (loss) brought forward from the previous period14P€-5k€-27k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€82k-----
Goods, raw materials, services and sundry goods60/61€83k-----
Remuneration, social security and pensions62€17k€14k€5k€835€3k▲ 272%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k€9k€2k--
Other operating charges640/8€1k€746€526-€2k-
Non-recurring operating charges66A---€7k--
Gross operating margin9900€22k€29k€12k€-10k€-8k▲ 25.2%
Operating profit (loss)9901€-6k€4k€-3k€-20k€-13k▲ 37.5%
Financial income75/76B€99-----
Recurring financial income75€99-----
Financial charges65/66B€549€2k€2k€2k€1k▼ 13.7%
Recurring financial charges65€549€2k€2k€2k€1k▼ 13.7%
Profit (loss) for the period before taxes9903€-6k€3k€-5k€-22k€-14k▲ 35.6%
Income taxes67/77€178-----
Profit (loss) for the period9904€-7k€3k€-5k€-22k€-14k▲ 35.6%
Profit (loss) for the period to be appropriated9905€-7k€3k€-5k€-22k€-14k▲ 35.6%
Line20212022202320242025Change
Assets
Total assets20/58€65k€59k€40k€29k€28k▼ 3.0%
Fixed assets21/28€47k€39k€31k€22k€22k=
Tangible fixed assets22/27€25k€17k€9k---
Plant, machinery and equipment23€4k€3k€1k---
Furniture and vehicles24€21k€15k€8k---
Financial fixed assets28€22k€22k€22k€22k€22k=
Current assets29/58€19k€19k€9k€7k€6k▼ 11.9%
Stocks and contracts in progress3€3k€3k€3k€4k€4k=
Stocks30/36€3k€3k€3k€4k€4k=
Amounts receivable within one year40/41€1k€6k€5k---
Trade receivables40€1-----
Other amounts receivable41€1k€6k€5k---
Cash at bank and in hand54/58€13k€10k€1k€2k€1k▼ 39.2%
Deferred charges and accrued income490/1€1k€680€680€680€680=
Equity and liabilities
Total equity and liabilities10/49€65k€59k€40k€29k€28k▼ 3.0%
Equity10/15€17k€20k€15k€-7k€-21k▼ 212%
Contributions10/11€19k€19k€19k€19k€19k=
Capital10-€19k€19k€19k€19k=
Issued capital100-€19k€19k€19k€19k=
Reserves13€2k€2k€2k€2k€2k=
Non-distributable reserves130/1€2k€2k€2k€2k€2k=
Reserves not available under the articles1311€2k€2k€2k€2k€2k=
Profit (loss) carried forward14€-3k€-563€-5k€-27k€-41k▼ 51.7%
Amounts payable17/49€48k€39k€25k€36k€49k▲ 36.6%
Amounts payable after more than one year17€12k€13k----
Financial debts170/4€12k€13k----
Amounts payable within one year42/48€36k€26k€25k€36k€49k▲ 36.6%
Current portion of amounts payable after more than one year42€6k-€7k---
Financial debts43€22-----
Credit institutions430/8€22-----
Trade debts44€20k€8k€9k€5k€7k▲ 39.3%
Suppliers440/4€20k€8k€9k€5k€7k▲ 39.3%
Taxes, remuneration and social security45€2k€9k€9k€3k€10k▲ 234%
Taxes450/3€326€7k€7k€3k€10k▲ 234%
Remuneration and social security454/9€2k€2k€2k---
Other amounts payable47/48€8k€8k-€28k€32k▲ 14.2%
Line20212022202320242025Change
Profit (loss) for the period9904€-7k€3k€-5k€-22k€-14k▲ 35.6%
+ Depreciation and write-downs630€10k€9k€9k€2k--
Operating cash flow (approximation)€3k€12k€4k€-20k€-14k▲ 28.5%
Investment in fixed assets (approximation)-€-2k€0€7k€0▼ 100%
Change in cash-€-3k€-9k€1k€-862▼ 178%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
10-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial Highest result since 2018net €21k ▲10.4%
Net result €21k, the highest in the series.
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Brussel · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
418 m²
Building footprint
41 m²
Volume, LiDAR
740 m³
Parcel 21811M0931/00V000, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Goriksplein 16, 1000 Brussel
NACE 52422
since 19892.043.392.892
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21811M0931/00V000 Brussels 418 m² 1 · 41 m² 19.9 m · 6 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brussel2.043.392.892
2 permissions
Toelating · Ambulante eetgelegenheid · since 27-07-2012
Toelating · Eetgelegenheid · since 27-07-2012

Similar companies · same sector, comparable size

Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 8,181 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 (pre-2019)
Founded16-03-1989
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
47716Retail sale of clothing and accessories for women, men, children and babies (general range)

Scores and ratios are computed by Checked and are not a credit decision.