ROMEO DEVELOPMENT
ActiveSummary
The annual accounts of ROMEO DEVELOPMENT for fiscal year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €11k and a net result of €-17k. Its solvency ranks better than 14% of 4556 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+2
Solvency25▼-1
Growth58
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.51 against 3.04 in 2024; short-term debt: 66.4% and cash: 0.8% of total assets), but 99.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
0.3%
Return on assets
-0.4%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-17k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4556 sector peers (2025).
NBB · sector comparisonPosition among 4556 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
25 d early
2024
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-17k▲ 59.0%
2024 · €-41k
2024: €-41k
2025: €-17k▲ +59.0% vs 2024
2024 → 2025
Working capital
€1.28M▼ 44.2%
2024 · €2.28M
2024: €2.28M
2025: €1.28M▼ -44.2% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€28k-€11k▼ 61.2%
2024: €28k
2025: €11k▼ -61.2% vs 2024
Operating result€-40k-€-16k▲ 60.0%
2024: €-40k
2025: €-16k▲ +60.0% vs 2024
Net result€-41k-€-17k▲ 59.0%
2024: €-41k
2025: €-17k▲ +59.0% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €40k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3.80M
Equity
€11k ▼ 61.2%
Debt
€3.79M ▲ 12.1%
Debt's share of the balance-sheet total rises from 99.2% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.51▼
2024 · 3.04
Quick ratio
0.13▼
2024 · 0.77
ROE
-157.6%▼
2024 · -149.2%
ROA
-0.4%▲
2024 · -1.2%
Debt ≤ 1 year
€2.52M▲
2024 · €1.12M
Debt > 1 year
€1.24M▼
2024 · €2.25M
A ratio outside any meaningful range has been withheld (balance sheet total €3.80M, equity €11k).
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€3.41M€3.80M▲
Current assets29/58€3.41M€3.80M▲
Stocks and contracts in progress3€2.55M€3.48M▲
Stocks30/36€2.55M€3.48M▲
Amounts receivable within one year40/41€229k€270k▲
Trade receivables40€196k€203k▲
Other amounts receivable41€33k€67k▲
Cash at bank and in hand54/58€632k€30k▼
Deferred charges and accrued income490/1-€21k
Equity and liabilities
Total equity and liabilities10/49€3.41M€3.80M▲
Equity10/15€28k€11k▼
Contributions10/11€69k€69k=
Capital10€69k€69k=
Issued capital100€69k€69k=
Profit (loss) carried forward14€-41k€-58k▼
Amounts payable17/49€3.38M€3.79M▲
Amounts payable after more than one year17€2.25M€1.24M▼
Financial debts170/4€2.25M€1.24M▼
Amounts payable within one year42/48€1.12M€2.52M▲
Financial debts43-€2.36M
Credit institutions430/8-€2.36M
Trade debts44€1.12M€164k▼
Suppliers440/4€1.12M€164k▼
Accrued charges and deferred income492/3€8k€27k▲
Income statement
Code20242025
Other operating charges640/8€197k€165k▼
Gross operating margin9900€157k€149k▼
Operating profit (loss)9901€-40k€-16k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-41k€-17k▲
Profit (loss) for the period9904€-41k€-17k▲
Profit (loss) for the period to be appropriated9905€-41k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-58k▼
Profit (loss) brought forward from the previous period14P-€-41k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €197k | €165k | ▼ 16.3% |
| Gross operating margin9900 | €157k | €149k | ▼ 5.2% |
| Operating profit (loss)9901 | €-40k | €-16k | ▲ 60.0% |
| Financial income75/76B | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €2k | €1k | ▼ 32.3% |
| Recurring financial charges65 | €2k | €1k | ▼ 32.3% |
| Profit (loss) for the period before taxes9903 | €-41k | €-17k | ▲ 59.0% |
| Profit (loss) for the period9904 | €-41k | €-17k | ▲ 59.0% |
| Profit (loss) for the period to be appropriated9905 | €-41k | €-17k | ▲ 59.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €3.41M | €3.80M | ▲ 11.5% |
| Current assets29/58 | €3.41M | €3.80M | ▲ 11.5% |
| Stocks and contracts in progress3 | €2.55M | €3.48M | ▲ 36.5% |
| Stocks30/36 | €2.55M | €3.48M | ▲ 36.5% |
| Amounts receivable within one year40/41 | €229k | €270k | ▲ 17.7% |
| Trade receivables40 | €196k | €203k | ▲ 3.7% |
| Other amounts receivable41 | €33k | €67k | ▲ 99.9% |
| Cash at bank and in hand54/58 | €632k | €30k | ▼ 95.2% |
| Deferred charges and accrued income490/1 | - | €21k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €3.41M | €3.80M | ▲ 11.5% |
| Equity10/15 | €28k | €11k | ▼ 61.2% |
| Contributions10/11 | €69k | €69k | = |
| Capital10 | €69k | €69k | = |
| Issued capital100 | €69k | €69k | = |
| Profit (loss) carried forward14 | €-41k | €-58k | ▼ 41.0% |
| Amounts payable17/49 | €3.38M | €3.79M | ▲ 12.1% |
| Amounts payable after more than one year17 | €2.25M | €1.24M | ▼ 45.0% |
| Financial debts170/4 | €2.25M | €1.24M | ▼ 45.0% |
| Amounts payable within one year42/48 | €1.12M | €2.52M | ▲ 125% |
| Financial debts43 | - | €2.36M | - |
| Credit institutions430/8 | - | €2.36M | - |
| Trade debts44 | €1.12M | €164k | ▼ 85.4% |
| Suppliers440/4 | €1.12M | €164k | ▼ 85.4% |
| Accrued charges and deferred income492/3 | €8k | €27k | ▲ 252% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-41k | €-17k | ▲ 59.0% |
| Operating cash flow (approximation) | €-41k | €-17k | ▲ 59.0% |
| Change in cash | - | €-601k | - |
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
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ukkel · 1 establishment unit since 2022
Ground area
1,103 m²
Parcel 21616G0176/00X003, Brussels. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
ROMEO DEVELOPMENT
since 20222.331.052.233
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00X003 | Brussels | 1,103 m² | - | - |
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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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 3,202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-04-2022
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
68203Renting and operating of own or leased non-residential real estate, excluding land
68322Real estate appraisal on a fee or contract basis
Scores and ratios are computed by Checked and are not a credit decision.