ROMAKING: 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.
ROMAKING
Largest movements
- Tangible fixed assets -€132,531
down €132,531 (-15.7%), from €843,227 to €710,696
of which Other tangible fixed assets: -€133,333
- Receivables within one year -€24,945
down €24,945 (-96.7%), from €25,805 to €860
of which Other amounts receivable: -€18,380
- Cash +€20,537
up €20,537 (+6.9%), from €296,294 to €316,831
mainly Depreciation (+€143,216) and Receivables within one year (+€24,945)
- Debts after one year -€134,809
down €134,809 (-19.1%), from €705,007 to €570,198
- Tax, wage and social debts +€23,326
up €23,326 (+35.6%), from €65,458 to €88,785
of which Remuneration and social security: +€12,251
- Trade debts -€16,745
down €16,745 (-10.1%), from €166,265 to €149,520
- Profit (loss) carried forward -€14,099
down €14,099 (-31.5%), from €44,740 to €30,642
- Staff costs +€52,534
up €52,534 (+8.2%), from €639,733 to €692,267
- Financial charges -€10,584
down €10,584 (-54.1%), from €19,554 to €8,969
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.
Cash bridge derived
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 | €1,208,068 | €1,071,371 | -€136,698 | -11.3% |
| Fixed assets | 21/28 | €866,151 | €729,899 | -€136,253 | -15.7% |
| Intangible fixed assets | 21 | €22,925 | €19,203 | -€3,722 | -16.2% |
| Tangible fixed assets | 22/27 | €843,227 | €710,696 | -€132,531 | -15.7% |
| Plant, machinery and equipment | 23 | €31,233 | €29,860 | -€1,373 | -4.4% |
| Furniture and vehicles | 24 | €2,496 | €4,671 | +€2,175 | +87.2% |
| Other tangible fixed assets | 26 | €809,498 | €676,164 | -€133,333 | -16.5% |
| Current assets | 29/58 | €341,917 | €341,472 | -€445 | -0.1% |
| Stocks and contracts in progress | 3 | €16,405 | €19,304 | +€2,899 | +17.7% |
| Stocks | 30/36 | €16,405 | €19,304 | +€2,899 | +17.7% |
| Amounts receivable within one year | 40/41 | €25,805 | €860 | -€24,945 | -96.7% |
| Trade receivables | 40 | €7,398 | €833 | -€6,564 | -88.7% |
| Other amounts receivable | 41 | €18,407 | €27 | -€18,380 | -99.9% |
| Cash at bank and in hand | 54/58 | €296,294 | €316,831 | +€20,537 | +6.9% |
| Deferred charges and accrued income | 490/1 | €3,413 | €4,477 | +€1,063 | +31.1% |
| Total equity and liabilities | 10/49 | €1,208,068 | €1,071,371 | -€136,698 | -11.3% |
| Equity | 10/15 | €119,740 | €105,642 | -€14,099 | -11.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,740 | €30,642 | -€14,099 | -31.5% |
| Amounts payable | 17/49 | €1,088,328 | €965,729 | -€122,599 | -11.3% |
| Amounts payable after more than one year | 17 | €705,007 | €570,198 | -€134,809 | -19.1% |
| Financial debts | 170/4 | €705,007 | €570,198 | -€134,809 | -19.1% |
| Amounts payable within one year | 42/48 | €371,651 | €376,821 | +€5,170 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €136,866 | €134,809 | -€2,057 | -1.5% |
| Trade debts | 44 | €166,265 | €149,520 | -€16,745 | -10.1% |
| Suppliers | 440/4 | €166,265 | €149,520 | -€16,745 | -10.1% |
| Taxes, remuneration and social security | 45 | €65,458 | €88,785 | +€23,326 | +35.6% |
| Taxes | 450/3 | €2,616 | €13,691 | +€11,075 | +423.4% |
| Remuneration and social security | 454/9 | €62,842 | €75,094 | +€12,251 | +19.5% |
| Other amounts payable | 47/48 | €3,062 | €3,708 | +€645 | +21.1% |
| Accrued charges and deferred income | 492/3 | €11,670 | €18,710 | +€7,040 | +60.3% |
| Remuneration, social security and pensions | 62 | €639,733 | €692,267 | +€52,534 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,174 | €143,216 | +€1,042 | +0.7% |
| Other operating charges | 640/8 | €4,882 | €2,032 | -€2,851 | -58.4% |
| Gross operating margin | 9900 | €836,057 | €830,804 | -€5,253 | -0.6% |
| Operating profit (loss) | 9901 | €49,268 | -€6,711 | -€55,979 | |
| Financial income | 75/76B | - | €1,582 | +€1,582 | |
| Recurring financial income | 75 | - | €1,582 | +€1,582 | |
| Financial charges | 65/66B | €19,554 | €8,969 | -€10,584 | -54.1% |
| Recurring financial charges | 65 | €19,554 | €8,969 | -€10,584 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €29,714 | -€14,099 | -€43,812 | |
| Profit (loss) for the period | 9904 | €29,714 | -€14,099 | -€43,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,714 | -€14,099 | -€43,812 |
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 30 September 2026 via checked.be.