ROMAPA: 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.
ROMAPA
Largest movements
- Cash +€27,536
up €27,536 (+46.2%), from €59,610 to €87,146
mainly Depreciation (+€16,968) and Net result for the year (+€10,879)
- Tangible fixed assets -€16,968
down €16,968 (-7.9%), from €215,608 to €198,640
of which Land and buildings: -€14,064
- Reserves +€10,879
up €10,879 (+4.0%), from €271,736 to €282,615
- Gross operating margin -€1,925
down €1,925 (-4.8%), from €40,443 to €38,518
- Taxes -€756
down €756 (-12.7%), from €5,945 to €5,189
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 | €282,359 | €292,852 | +€10,493 | +3.7% |
| Fixed assets | 21/28 | €215,608 | €198,640 | -€16,968 | -7.9% |
| Tangible fixed assets | 22/27 | €215,608 | €198,640 | -€16,968 | -7.9% |
| Land and buildings | 22 | €194,658 | €180,594 | -€14,064 | -7.2% |
| Plant, machinery and equipment | 23 | €19,489 | €17,251 | -€2,238 | -11.5% |
| Furniture and vehicles | 24 | €1,461 | €794 | -€667 | -45.6% |
| Current assets | 29/58 | €66,751 | €94,212 | +€27,461 | +41.1% |
| Amounts receivable within one year | 40/41 | €6,454 | €6,366 | -€88 | -1.4% |
| Other amounts receivable | 41 | €6,454 | €6,366 | -€88 | -1.4% |
| Cash at bank and in hand | 54/58 | €59,610 | €87,146 | +€27,536 | +46.2% |
| Deferred charges and accrued income | 490/1 | €686 | €700 | +€14 | +2.0% |
| Total equity and liabilities | 10/49 | €282,359 | €292,852 | +€10,493 | +3.7% |
| Equity | 10/15 | €281,906 | €292,785 | +€10,879 | +3.9% |
| Contributions | 10/11 | €10,170 | €10,170 | = | 0.0% |
| Reserves | 13 | €271,736 | €282,615 | +€10,879 | +4.0% |
| Distributable reserves | 133 | €271,736 | €282,615 | +€10,879 | +4.0% |
| Amounts payable | 17/49 | €453 | €67 | -€386 | -85.2% |
| Amounts payable within one year | 42/48 | €453 | €67 | -€386 | -85.2% |
| Trade debts | 44 | €453 | €67 | -€386 | -85.2% |
| Suppliers | 440/4 | €453 | €67 | -€386 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,841 | €16,968 | +€128 | +0.8% |
| Other operating charges | 640/8 | €5,142 | €5,303 | +€161 | +3.1% |
| Gross operating margin | 9900 | €40,443 | €38,518 | -€1,925 | -4.8% |
| Operating profit (loss) | 9901 | €18,460 | €16,246 | -€2,214 | -12.0% |
| Financial charges | 65/66B | €164 | €178 | +€14 | +8.6% |
| Recurring financial charges | 65 | €164 | €178 | +€14 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €18,296 | €16,069 | -€2,228 | -12.2% |
| Income taxes | 67/77 | €5,945 | €5,189 | -€756 | -12.7% |
| Profit (loss) for the period | 9904 | €12,351 | €10,879 | -€1,472 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,351 | €10,879 | -€1,472 | -11.9% |
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 6 October 2026 via checked.be.