Romag: 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.
Romag
Largest movements
- Tangible fixed assets +€71,514
up €71,514 (+35.8%), from €199,927 to €271,441
of which Furniture and vehicles: +€82,280
- Cash +€3,028
up €3,028 (+81.5%), from €3,714 to €6,742
mainly Other debts (+€77,561) and Trade debts (+€35,276)
- Other debts +€77,561
up €77,561 (+72.1%), from €107,568 to €185,128
- Trade debts +€35,276
up €35,276 (+1,426%), from €2,474 to €37,750
- Profit (loss) carried forward -€20,129
down €20,129 (-9.0%), from -€222,996 to -€243,125
- Debts after one year -€14,871
down €14,871 (-28.3%), from €52,462 to €37,592
- Gross operating margin +€55,901
up €55,901, from -€50,168 to €5,733
- Depreciation +€1,217
up €1,217 (+7.5%), from €16,239 to €17,456
- Financial charges -€915
down €915 (-20.8%), from €4,394 to €3,479
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 | €219,388 | €297,071 | +€77,683 | +35.4% |
| Fixed assets | 21/28 | €200,062 | €271,576 | +€71,514 | +35.7% |
| Tangible fixed assets | 22/27 | €199,927 | €271,441 | +€71,514 | +35.8% |
| Land and buildings | 22 | €187,249 | €177,948 | -€9,301 | -5.0% |
| Plant, machinery and equipment | 23 | €10,832 | €9,367 | -€1,465 | -13.5% |
| Furniture and vehicles | 24 | €1,846 | €84,126 | +€82,280 | +4,458% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €19,326 | €25,495 | +€6,169 | +31.9% |
| Amounts receivable within one year | 40/41 | €12,392 | €12,646 | +€255 | +2.1% |
| Trade receivables | 40 | €12,258 | €5,959 | -€6,299 | -51.4% |
| Other amounts receivable | 41 | €134 | €6,688 | +€6,554 | +4,900% |
| Cash at bank and in hand | 54/58 | €3,714 | €6,742 | +€3,028 | +81.5% |
| Deferred charges and accrued income | 490/1 | €3,220 | €6,107 | +€2,886 | +89.6% |
| Total equity and liabilities | 10/49 | €219,388 | €297,071 | +€77,683 | +35.4% |
| Equity | 10/15 | €40,804 | €20,675 | -€20,129 | -49.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €262,800 | €262,800 | = | 0.0% |
| Distributable reserves | 133 | €262,800 | €262,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,996 | -€243,125 | -€20,129 | -9.0% |
| Amounts payable | 17/49 | €178,584 | €276,396 | +€97,812 | +54.8% |
| Amounts payable after more than one year | 17 | €52,462 | €37,592 | -€14,871 | -28.3% |
| Financial debts | 170/4 | €52,462 | €37,592 | -€14,871 | -28.3% |
| Amounts payable within one year | 42/48 | €126,121 | €238,804 | +€112,683 | +89.3% |
| Current portion of amounts payable after more than one year | 42 | €15,867 | €14,871 | -€997 | -6.3% |
| Trade debts | 44 | €2,474 | €37,750 | +€35,276 | +1,426% |
| Suppliers | 440/4 | €2,474 | €37,750 | +€35,276 | +1,426% |
| Taxes, remuneration and social security | 45 | €212 | €1,055 | +€843 | +398% |
| Taxes | 450/3 | €212 | €1,055 | +€843 | +398% |
| Other amounts payable | 47/48 | €107,568 | €185,128 | +€77,561 | +72.1% |
| Non-recurring operating income | 76A | €5,374 | €220 | -€5,153 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,239 | €17,456 | +€1,217 | +7.5% |
| Other operating charges | 640/8 | €3,590 | €3,748 | +€158 | +4.4% |
| Non-recurring operating charges | 66A | €162 | €126 | -€36 | -22.0% |
| Gross operating margin | 9900 | -€50,168 | €5,733 | +€55,901 | |
| Operating profit (loss) | 9901 | -€70,158 | -€15,597 | +€54,561 | +77.8% |
| Financial income | 75/76B | €17 | €3 | -€14 | -82.3% |
| Recurring financial income | 75 | €17 | €3 | -€14 | -82.3% |
| Financial charges | 65/66B | €4,394 | €3,479 | -€915 | -20.8% |
| Recurring financial charges | 65 | €4,394 | €3,479 | -€915 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€74,536 | -€19,073 | +€55,462 | +74.4% |
| Income taxes | 67/77 | €1,171 | €1,056 | -€115 | -9.8% |
| Profit (loss) for the period | 9904 | -€75,706 | -€20,129 | +€55,577 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,706 | -€20,129 | +€55,577 | +73.4% |
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 13 October 2026 via checked.be.