ROMADAX: 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.
ROMADAX
Largest movements
- Tangible fixed assets +€66,146
up €66,146 (+16.9%), from €390,777 to €456,923
of which Land and buildings: +€67,336
- Cash -€65,761
down €65,761 (-51.1%), from €128,781 to €63,020
mainly Investment in fixed assets (net) (-€85,800) and Debts after one year (-€38,749)
- Debts after one year -€38,749
down €38,749 (-12.9%), from €301,441 to €262,692
- Reserves +€27,710
up €27,710 (+48.0%), from €57,689 to €85,399
- Tax, wage and social debts +€9,668
up €9,668 (+49.0%), from €19,731 to €29,399
- Depreciation +€3,740
up €3,740 (+23.5%), from €15,914 to €19,654
- Taxes -€1,309
down €1,309 (-10.9%), from €12,008 to €10,699
- Financial charges -€1,264
down €1,264 (-8.9%), from €14,175 to €12,911
- Other operating charges +€989
up €989 (+220%), from €449 to €1,438
- Gross operating margin -€739
down €739 (-1.0%), from €72,880 to €72,141
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 | €519,621 | €519,944 | +€323 | +0.1% |
| Fixed assets | 21/28 | €390,777 | €456,923 | +€66,146 | +16.9% |
| Tangible fixed assets | 22/27 | €390,777 | €456,923 | +€66,146 | +16.9% |
| Land and buildings | 22 | €380,043 | €447,379 | +€67,336 | +17.7% |
| Plant, machinery and equipment | 23 | €9,836 | €8,836 | -€1,000 | -10.2% |
| Furniture and vehicles | 24 | €899 | €709 | -€190 | -21.1% |
| Current assets | 29/58 | €128,843 | €63,020 | -€65,823 | -51.1% |
| Amounts receivable within one year | 40/41 | €62 | €0 | -€62 | -100% |
| Trade receivables | 40 | €62 | €0 | -€62 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €128,781 | €63,020 | -€65,761 | -51.1% |
| Total equity and liabilities | 10/49 | €519,621 | €519,944 | +€323 | +0.1% |
| Equity | 10/15 | €107,689 | €135,399 | +€27,710 | +25.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €57,689 | €85,399 | +€27,710 | +48.0% |
| Distributable reserves | 133 | €57,689 | €85,399 | +€27,710 | +48.0% |
| Amounts payable | 17/49 | €411,932 | €384,544 | -€27,388 | -6.6% |
| Amounts payable after more than one year | 17 | €301,441 | €262,692 | -€38,749 | -12.9% |
| Financial debts | 170/4 | €301,441 | €262,692 | -€38,749 | -12.9% |
| Amounts payable within one year | 42/48 | €109,619 | €121,852 | +€12,233 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €87,438 | €88,749 | +€1,310 | +1.5% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €19,731 | €29,399 | +€9,668 | +49.0% |
| Taxes | 450/3 | €19,731 | €29,399 | +€9,668 | +49.0% |
| Other amounts payable | 47/48 | €2,450 | €3,675 | +€1,225 | +50.0% |
| Accrued charges and deferred income | 492/3 | €873 | €0 | -€873 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,914 | €19,654 | +€3,740 | +23.5% |
| Other operating charges | 640/8 | €449 | €1,438 | +€989 | +220% |
| Gross operating margin | 9900 | €72,880 | €72,141 | -€739 | -1.0% |
| Operating profit (loss) | 9901 | €56,516 | €51,048 | -€5,468 | -9.7% |
| Financial income | 75/76B | €937 | €272 | -€665 | -70.9% |
| Recurring financial income | 75 | €937 | €272 | -€665 | -70.9% |
| Financial charges | 65/66B | €14,175 | €12,911 | -€1,264 | -8.9% |
| Recurring financial charges | 65 | €14,175 | €12,911 | -€1,264 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €43,278 | €38,410 | -€4,868 | -11.2% |
| Income taxes | 67/77 | €12,008 | €10,699 | -€1,309 | -10.9% |
| Profit (loss) for the period | 9904 | €31,269 | €27,710 | -€3,559 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,269 | €27,710 | -€3,559 | -11.4% |
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 25 October 2026 via checked.be.