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ROMAA: what changed

Two fiscal 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.

What changed

ROMAA

BE 0865.385.993
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,518
2024 · €22,670-€27,188
Equity
€245,784
2024 · €250,302-€4,518
Cash
€4,404
2024 · €38,720-€34,316
Balance sheet total
€884,611
2024 · €911,461-€26,849

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€34,847

    up €34,847 (+24.8%), from €140,335 to €175,183

    of which Other amounts receivable: +€19,444

  • Cash -€34,316

    down €34,316 (-88.6%), from €38,720 to €4,404

    mainly Debts after one year (-€43,263) and Receivables within one year (-€34,847)

  • Tangible fixed assets -€29,364

    down €29,364 (-4.0%), from €730,296 to €700,932

    of which Land and buildings: -€26,578

Equity and liabilities
  • Debts after one year -€43,263

    down €43,263 (-10.3%), from €421,077 to €377,814

  • Trade debts +€34,650

    up €34,650 (+95.1%), from €36,424 to €71,074

  • Other debts -€9,953

    down €9,953 (-7.0%), from €142,047 to €132,093

Income statement
  • Gross operating margin -€43,230

    down €43,230 (-42.7%), from €101,340 to €58,110

  • Financial charges -€9,217

    down €9,217 (-56.9%), from €16,189 to €6,972

  • Taxes -€8,165

    down €8,165 (-100.0%), from €8,165 to €0

  • Depreciation +€1,959

    up €1,959 (+3.9%), from €50,843 to €52,802

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €22,670
Gross operating margin -€43,230
Depreciation -€1,959
Other operating charges +€619
Financial charges +€9,217
Taxes +€8,165
Result 2025 -€4,518

Cash bridge derived

cash 2024 to 2025

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.

From operations +€31,985
Investment -€23,438
Financing -€42,863
Cash 2024 €38,720
Net result for the year -€4,518
Depreciation +€52,802
Receivables within one year -€34,847
Deferred charges and accrued income -€1,983
Trade debts +€34,650
Tax, wage and social debts +€5,447
Advances received -€979
Other debts -€9,953
Accrued charges and deferred income -€8,633
Investment in fixed assets (net) -€23,438
Debts after one year -€43,263
Current portion of long-term debt +€400
Cash 2025 €4,404
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €911,461 €884,611 -€26,849 -2.9%
Fixed assets 21/28 €730,296 €700,932 -€29,364 -4.0%
Tangible fixed assets 22/27 €730,296 €700,932 -€29,364 -4.0%
Land and buildings 22 €723,359 €696,781 -€26,578 -3.7%
Plant, machinery and equipment 23 €2,949 €1,740 -€1,209 -41.0%
Furniture and vehicles 24 €3,988 €2,412 -€1,576 -39.5%
Current assets 29/58 €181,165 €183,679 +€2,514 +1.4%
Amounts receivable within one year 40/41 €140,335 €175,183 +€34,847 +24.8%
Trade receivables 40 €102,287 €117,690 +€15,403 +15.1%
Other amounts receivable 41 €38,048 €57,493 +€19,444 +51.1%
Cash at bank and in hand 54/58 €38,720 €4,404 -€34,316 -88.6%
Deferred charges and accrued income 490/1 €2,110 €4,093 +€1,983 +94.0%
Total equity and liabilities 10/49 €911,461 €884,611 -€26,849 -2.9%
Equity 10/15 €250,302 €245,784 -€4,518 -1.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €231,702 €227,184 -€4,518 -1.9%
Distributable reserves 133 €231,702 €227,184 -€4,518 -1.9%
Amounts payable 17/49 €661,159 €638,827 -€22,331 -3.4%
Amounts payable after more than one year 17 €421,077 €377,814 -€43,263 -10.3%
Financial debts 170/4 €421,077 €377,814 -€43,263 -10.3%
Amounts payable within one year 42/48 €231,449 €261,013 +€29,564 +12.8%
Current portion of amounts payable after more than one year 42 €45,022 €45,422 +€400 +0.9%
Trade debts 44 €36,424 €71,074 +€34,650 +95.1%
Suppliers 440/4 €36,424 €71,074 +€34,650 +95.1%
Advances received on contracts in progress 46 €979 €0 -€979 -100.0%
Taxes, remuneration and social security 45 €6,978 €12,424 +€5,447 +78.1%
Taxes 450/3 €6,978 €7,970 +€993 +14.2%
Remuneration and social security 454/9 - €4,454 +€4,454
Other amounts payable 47/48 €142,047 €132,093 -€9,953 -7.0%
Accrued charges and deferred income 492/3 €8,633 €0 -€8,633 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €50,843 €52,802 +€1,959 +3.9%
Other operating charges 640/8 €3,474 €2,854 -€619 -17.8%
Gross operating margin 9900 €101,340 €58,110 -€43,230 -42.7%
Operating profit (loss) 9901 €47,023 €2,454 -€44,569 -94.8%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €16,189 €6,972 -€9,217 -56.9%
Recurring financial charges 65 €16,189 €6,972 -€9,217 -56.9%
Profit (loss) for the period before taxes 9903 €30,834 -€4,518 -€35,352
Income taxes 67/77 €8,165 €0 -€8,165 -100.0%
Profit (loss) for the period 9904 €22,670 -€4,518 -€27,188
Profit (loss) for the period to be appropriated 9905 €22,670 -€4,518 -€27,188

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.