FERRONNERIE ROMAIN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FERRONNERIE ROMAIN
Largest movements
- Cash +€12,809
up €12,809 (+81.5%), from €15,721 to €28,530
mainly Net result for the year (+€21,494) and Depreciation (+€16,507)
- Tangible fixed assets -€11,576
down €11,576 (-12.5%), from €92,256 to €80,679
- Deferred charges and accrued income +€8,363
up €8,363 (+92.3%), from €9,059 to €17,422
- Receivables within one year -€3,425
down €3,425 (-17.6%), from €19,459 to €16,034
of which Trade receivables: -€8,684
- Stocks and contracts +€2,241
up €2,241 (+18.8%), from €11,916 to €14,156
- Profit (loss) carried forward +€20,661
up €20,661 (+44.5%), from €46,479 to €67,140
- Debts after one year -€9,133
down €9,133 (-18.9%), from €48,241 to €39,109
- Trade debts -€4,103
down €4,103 (-23.8%), from €17,275 to €13,172
- Current portion of long-term debt -€2,802
down €2,802 (-23.5%), from €11,935 to €9,133
- Tax, wage and social debts +€2,440
up €2,440 (+19.9%), from €12,244 to €14,684
of which Remuneration and social security: +€2,813
- Staff costs -€8,860
down €8,860 (-6.5%), from €136,132 to €127,272
- Taxes -€6,611
down €6,611, from €3,456 to -€3,155
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,502 | €157,824 | +€7,322 | +4.9% |
| Fixed assets | 21/28 | €94,348 | €81,682 | -€12,666 | -13.4% |
| Intangible fixed assets | 21 | €2,043 | €953 | -€1,090 | -53.4% |
| Tangible fixed assets | 22/27 | €92,256 | €80,679 | -€11,576 | -12.5% |
| Land and buildings | 22 | €63,589 | €58,401 | -€5,188 | -8.2% |
| Plant, machinery and equipment | 23 | €21,341 | €16,249 | -€5,092 | -23.9% |
| Furniture and vehicles | 24 | €7,326 | €6,030 | -€1,297 | -17.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €56,154 | €76,142 | +€19,988 | +35.6% |
| Stocks and contracts in progress | 3 | €11,916 | €14,156 | +€2,241 | +18.8% |
| Stocks | 30/36 | €11,916 | €14,156 | +€2,241 | +18.8% |
| Amounts receivable within one year | 40/41 | €19,459 | €16,034 | -€3,425 | -17.6% |
| Trade receivables | 40 | €17,389 | €8,705 | -€8,684 | -49.9% |
| Other amounts receivable | 41 | €2,070 | €7,329 | +€5,259 | +254% |
| Cash at bank and in hand | 54/58 | €15,721 | €28,530 | +€12,809 | +81.5% |
| Deferred charges and accrued income | 490/1 | €9,059 | €17,422 | +€8,363 | +92.3% |
| Total equity and liabilities | 10/49 | €150,502 | €157,824 | +€7,322 | +4.9% |
| Equity | 10/15 | €59,661 | €80,321 | +€20,661 | +34.6% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €6,931 | €6,931 | = | 0.0% |
| Distributable reserves | 133 | €6,931 | €6,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,479 | €67,140 | +€20,661 | +44.5% |
| Amounts payable | 17/49 | €90,841 | €77,503 | -€13,339 | -14.7% |
| Amounts payable after more than one year | 17 | €48,241 | €39,109 | -€9,133 | -18.9% |
| Financial debts | 170/4 | €48,241 | €39,109 | -€9,133 | -18.9% |
| Amounts payable within one year | 42/48 | €42,600 | €38,394 | -€4,206 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €11,935 | €9,133 | -€2,802 | -23.5% |
| Trade debts | 44 | €17,275 | €13,172 | -€4,103 | -23.8% |
| Suppliers | 440/4 | €17,275 | €13,172 | -€4,103 | -23.8% |
| Taxes, remuneration and social security | 45 | €12,244 | €14,684 | +€2,440 | +19.9% |
| Taxes | 450/3 | €372 | - | -€372 | |
| Remuneration and social security | 454/9 | €11,871 | €14,684 | +€2,813 | +23.7% |
| Other amounts payable | 47/48 | €1,146 | €1,406 | +€259 | +22.6% |
| Remuneration, social security and pensions | 62 | €136,132 | €127,272 | -€8,860 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,226 | €16,507 | +€280 | +1.7% |
| Other operating charges | 640/8 | €2,749 | €2,689 | -€59 | -2.2% |
| Gross operating margin | 9900 | €171,072 | €169,383 | -€1,690 | -1.0% |
| Operating profit (loss) | 9901 | €15,965 | €22,915 | +€6,949 | +43.5% |
| Financial income | 75/76B | €711 | €40 | -€671 | -94.4% |
| Recurring financial income | 75 | €711 | €40 | -€671 | -94.4% |
| Financial charges | 65/66B | €5,456 | €4,616 | -€840 | -15.4% |
| Recurring financial charges | 65 | €5,456 | €4,616 | -€840 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €11,220 | €18,338 | +€7,118 | +63.4% |
| Income taxes | 67/77 | €3,456 | -€3,155 | -€6,611 | |
| Profit (loss) for the period | 9904 | €7,764 | €21,494 | +€13,729 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €7,764 | €21,494 | +€13,729 | +177% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.