ROMAN: 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.
ROMAN
Largest movements
- Cash -€74,731
down €74,731 (-66.3%), from €112,730 to €37,999
mainly Trade debts (-€83,918) and Contributions, distributions and other (-€40,088)
- Receivables within one year -€65,226
down €65,226 (-22.0%), from €297,134 to €231,908
of which Other amounts receivable: -€68,919
- Tangible fixed assets -€16,442
down €16,442 (-13.1%), from €125,655 to €109,213
of which Land and buildings: -€21,272
- Stocks and contracts +€12,854
up €12,854 (+7.4%), from €174,654 to €187,507
- Trade debts -€83,918
down €83,918 (-74.7%), from €112,316 to €28,398
- Debts after one year -€30,725
down €30,725 (-40.6%), from €75,684 to €44,960
- Other debts -€21,032
down €21,032 (-35.8%), from €58,691 to €37,658
- Short-term financial debts -€20,000
down €20,000 (-22.2%), from €90,000 to €70,000
- Reserves +€13,306
up €13,306 (+7.1%), from €188,683 to €201,989
of which Distributable reserves: +€13,306
- Staff costs +€20,993
up €20,993 (+18.7%), from €112,231 to €133,223
- Taxes -€5,298
down €5,298 (-18.9%), from €28,033 to €22,736
- Financial charges +€5,283
up €5,283 (+51.9%), from €10,178 to €15,461
- Other operating charges -€3,272
down €3,272 (-60.6%), from €5,395 to €2,123
- Gross operating margin +€3,268
up €3,268 (+1.4%), from €240,846 to €244,114
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 | €761,173 | €611,628 | -€149,546 | -19.6% |
| Fixed assets | 21/28 | €125,655 | €109,213 | -€16,442 | -13.1% |
| Tangible fixed assets | 22/27 | €125,655 | €109,213 | -€16,442 | -13.1% |
| Land and buildings | 22 | €97,774 | €76,501 | -€21,272 | -21.8% |
| Plant, machinery and equipment | 23 | €26,141 | €21,998 | -€4,144 | -15.9% |
| Furniture and vehicles | 24 | €1,740 | €5,910 | +€4,170 | +240% |
| Other tangible fixed assets | 26 | €0 | €4,804 | +€4,804 | |
| Current assets | 29/58 | €635,518 | €502,414 | -€133,104 | -20.9% |
| Stocks and contracts in progress | 3 | €174,654 | €187,507 | +€12,854 | +7.4% |
| Stocks | 30/36 | €174,654 | €187,507 | +€12,854 | +7.4% |
| Amounts receivable within one year | 40/41 | €297,134 | €231,908 | -€65,226 | -22.0% |
| Trade receivables | 40 | €22,170 | €25,862 | +€3,692 | +16.7% |
| Other amounts receivable | 41 | €274,965 | €206,046 | -€68,919 | -25.1% |
| Cash at bank and in hand | 54/58 | €112,730 | €37,999 | -€74,731 | -66.3% |
| Deferred charges and accrued income | 490/1 | €51,000 | €45,000 | -€6,000 | -11.8% |
| Total equity and liabilities | 10/49 | €761,173 | €611,628 | -€149,546 | -19.6% |
| Equity | 10/15 | €350,483 | €363,789 | +€13,306 | +3.8% |
| Contributions | 10/11 | €26,451 | €26,451 | = | 0.0% |
| Reserves | 13 | €188,683 | €201,989 | +€13,306 | +7.1% |
| Non-distributable reserves | 130/1 | €2,669 | €2,669 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,669 | €2,669 | = | 0.0% |
| Distributable reserves | 133 | €186,013 | €199,319 | +€13,306 | +7.2% |
| Profit (loss) carried forward | 14 | €135,350 | €135,350 | = | 0.0% |
| Amounts payable | 17/49 | €410,690 | €247,838 | -€162,852 | -39.7% |
| Amounts payable after more than one year | 17 | €75,684 | €44,960 | -€30,725 | -40.6% |
| Financial debts | 170/4 | €75,684 | €44,960 | -€30,725 | -40.6% |
| Amounts payable within one year | 42/48 | €335,006 | €202,879 | -€132,127 | -39.4% |
| Current portion of amounts payable after more than one year | 42 | €41,997 | €33,794 | -€8,204 | -19.5% |
| Financial debts | 43 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Credit institutions | 430/8 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Trade debts | 44 | €112,316 | €28,398 | -€83,918 | -74.7% |
| Suppliers | 440/4 | €112,316 | €28,398 | -€83,918 | -74.7% |
| Taxes, remuneration and social security | 45 | €32,002 | €33,029 | +€1,027 | +3.2% |
| Taxes | 450/3 | €13,175 | €11,759 | -€1,417 | -10.8% |
| Remuneration and social security | 454/9 | €18,826 | €21,270 | +€2,444 | +13.0% |
| Other amounts payable | 47/48 | €58,691 | €37,658 | -€21,032 | -35.8% |
| Remuneration, social security and pensions | 62 | €112,231 | €133,223 | +€20,993 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,846 | €28,231 | +€1,386 | +5.2% |
| Other operating charges | 640/8 | €5,395 | €2,123 | -€3,272 | -60.6% |
| Gross operating margin | 9900 | €240,846 | €244,114 | +€3,268 | +1.4% |
| Operating profit (loss) | 9901 | €96,375 | €80,536 | -€15,839 | -16.4% |
| Financial income | 75/76B | €9,054 | €11,054 | +€2,000 | +22.1% |
| Recurring financial income | 75 | €9,054 | €11,054 | +€2,000 | +22.1% |
| Financial charges | 65/66B | €10,178 | €15,461 | +€5,283 | +51.9% |
| Recurring financial charges | 65 | €10,178 | €15,461 | +€5,283 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €95,252 | €76,130 | -€19,122 | -20.1% |
| Income taxes | 67/77 | €28,033 | €22,736 | -€5,298 | -18.9% |
| Profit (loss) for the period | 9904 | €67,218 | €53,394 | -€13,824 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,218 | €53,394 | -€13,824 | -20.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.