ROMALO: 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.
ROMALO
Largest movements
- Tangible fixed assets +€237,962
up €237,962 (+662.7%), from €35,909 to €273,871
of which Land and buildings: +€237,375
- Receivables after one year +€164,700
new in 2025: €164,700
- Receivables within one year -€42,234
down €42,234 (-90.1%), from €46,891 to €4,657
of which Other amounts receivable: -€24,843
- Cash -€12,888
down €12,888 (-16.4%), from €78,691 to €65,803
mainly Investment in fixed assets (net) (-€251,817) and Contributions, distributions and other (-€200,000)
- Debts after one year +€220,431
new in 2025: €220,431
- Other debts +€170,000
new in 2025: €170,000
- Profit (loss) carried forward -€57,283
down €57,283 (-19.8%), from €289,538 to €232,254
- Tax, wage and social debts +€45,613
up €45,613 (+562.1%), from €8,114 to €53,727
- Accrued charges and deferred income -€40,000
no longer reported in 2025 (was €40,000)
- Financial income +€49,304
up €49,304 (+75.4%), from €65,392 to €114,696
- Taxes +€34,115
up €34,115 (+12951.4%), from €263 to €34,379
- Depreciation +€9,992
up €9,992 (+258.6%), from €3,863 to €13,855
- Financial charges +€9,443
up €9,443 (+1257.2%), from €751 to €10,194
- Gross operating margin -€2,291
down €2,291 (-2.4%), from €95,497 to €93,206
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 | €341,962 | €692,268 | +€350,306 | +102.4% |
| Fixed assets | 21/28 | €124,879 | €362,841 | +€237,962 | +190.6% |
| Tangible fixed assets | 22/27 | €35,909 | €273,871 | +€237,962 | +662.7% |
| Land and buildings | 22 | - | €237,375 | +€237,375 | |
| Plant, machinery and equipment | 23 | €34,425 | €34,158 | -€267 | -0.8% |
| Furniture and vehicles | 24 | €1,485 | €2,338 | +€853 | +57.5% |
| Financial fixed assets | 28 | €88,970 | €88,970 | = | 0.0% |
| Current assets | 29/58 | €217,082 | €329,426 | +€112,344 | +51.8% |
| Amounts receivable after more than one year | 29 | - | €164,700 | +€164,700 | |
| Other amounts receivable | 291 | - | €164,700 | +€164,700 | |
| Amounts receivable within one year | 40/41 | €46,891 | €4,657 | -€42,234 | -90.1% |
| Trade receivables | 40 | €17,391 | - | -€17,391 | |
| Other amounts receivable | 41 | €29,500 | €4,657 | -€24,843 | -84.2% |
| Current investments | 50/53 | €91,500 | €91,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,691 | €65,803 | -€12,888 | -16.4% |
| Deferred charges and accrued income | 490/1 | - | €2,767 | +€2,767 | |
| Total equity and liabilities | 10/49 | €341,962 | €692,268 | +€350,306 | +102.4% |
| Equity | 10/15 | €290,538 | €233,254 | -€57,283 | -19.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | - | -€1,000 | |
| Share premium | 1100/10 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €289,538 | €232,254 | -€57,283 | -19.8% |
| Amounts payable | 17/49 | €51,424 | €459,013 | +€407,589 | +792.6% |
| Amounts payable after more than one year | 17 | - | €220,431 | +€220,431 | |
| Financial debts | 170/4 | - | €220,431 | +€220,431 | |
| Amounts payable within one year | 42/48 | €11,424 | €238,583 | +€227,159 | +1988.4% |
| Current portion of amounts payable after more than one year | 42 | - | €13,018 | +€13,018 | |
| Financial debts | 43 | - | €1,838 | +€1,838 | |
| Credit institutions | 430/8 | - | €1,838 | +€1,838 | |
| Trade debts | 44 | €3,310 | - | -€3,310 | |
| Suppliers | 440/4 | €3,310 | - | -€3,310 | |
| Taxes, remuneration and social security | 45 | €8,114 | €53,727 | +€45,613 | +562.1% |
| Taxes | 450/3 | €8,114 | €53,727 | +€45,613 | +562.1% |
| Other amounts payable | 47/48 | - | €170,000 | +€170,000 | |
| Accrued charges and deferred income | 492/3 | €40,000 | - | -€40,000 | |
| Non-recurring operating income | 76A | €2,563 | - | -€2,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,863 | €13,855 | +€9,992 | +258.6% |
| Other operating charges | 640/8 | €6,379 | €6,069 | -€310 | -4.9% |
| Non-recurring operating charges | 66A | - | €688 | +€688 | |
| Gross operating margin | 9900 | €95,497 | €93,206 | -€2,291 | -2.4% |
| Operating profit (loss) | 9901 | €85,254 | €72,594 | -€12,660 | -14.8% |
| Financial income | 75/76B | €65,392 | €114,696 | +€49,304 | +75.4% |
| Recurring financial income | 75 | €65,392 | €114,696 | +€49,304 | +75.4% |
| Financial charges | 65/66B | €751 | €10,194 | +€9,443 | +1257.2% |
| Recurring financial charges | 65 | €751 | €10,194 | +€9,443 | +1257.2% |
| Profit (loss) for the period before taxes | 9903 | €149,895 | €177,096 | +€27,201 | +18.1% |
| Income taxes | 67/77 | €263 | €34,379 | +€34,115 | +12951.4% |
| Profit (loss) for the period | 9904 | €149,631 | €142,717 | -€6,915 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €149,631 | €142,717 | -€6,915 | -4.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.