ROMAR
ActiveSummary
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.
Credit check for your own amount and term
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 · 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
-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 dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity 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 filingsDeviation 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€82k
EBIT margin
-7.2%
Net result
€-14k▲ 35.6%
2024 · €-22k
2018: €19k
2019: €21k▲ +10.4% vs 2018highest in 8 years
2020: €-19k▼ -190% vs 2019
2021: €-7k▲ +65.9% vs 2020
2022: €3k▲ +143% vs 2021
2023: €-5k▼ -270% vs 2022
2024: €-22k▼ -354% vs 2023lowest in 8 years
2025: €-14k▲ +35.6% vs 2024
2018 → 2025
Working capital
€-42k▼ 49.0%
2024 · €-28k
2018: €11khighest in 8 years
2019: €6k▼ -46.4% vs 2018
2020: €-11k▼ -284% vs 2019
2021: €-17k▼ -54.5% vs 2020
2022: €-6k▲ +64.1% vs 2021
2023: €-16k▼ -154% vs 2022
2024: €-28k▼ -81.4% vs 2023
2025: €-42k▼ -49.0% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€82k-
Equity€17k-€20k▲ 16.4%€15k▼ 24.0%€-7k€-21k▼ 212%
2021: €17k
2022: €20k▲ +16.4% vs 2021highest in 5 years
2023: €15k▼ -24.0% vs 2022
2024: €-7k▼ -144% vs 2023
2025: €-21k▼ -212% vs 2024lowest in 5 years
Operating result€-6k-€4k€-3k€-20k▼ 660%€-13k▲ 37.5%
2021: €-6k
2022: €4k▲ +176% vs 2021highest in 5 years
2023: €-3k▼ -159% vs 2022
2024: €-20k▼ -660% vs 2023lowest in 5 years
2025: €-13k▲ +37.5% vs 2024
Net result€-7k-€3k€-5k€-22k▼ 354%€-14k▲ 35.6%
2021: €-7k
2022: €3k▲ +143% vs 2021highest in 5 years
2023: €-5k▼ -270% vs 2022
2024: €-22k▼ -354% vs 2023lowest in 5 years
2025: €-14k▲ +35.6% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
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
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
€49k▲
2024 · €36k
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.
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.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
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
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
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 siteBrussel2.043.392.892
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 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.