ROMARCO: 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.
What changed
ROMARCO
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€1.1m
2023 · €1.1m-€3,395
Equity
€4.4m
2023 · €2.2m+€2.2m
Cash
€104,437
2023 · €918,500-€814,063
Balance sheet total
€9.6m
2023 · €10.5m-€913,267
Largest movements
Assets
- Cash -€814,063
down €814,063 (-88.6%), from €918,500 to €104,437
mainly Other debts (-€2.0m) and Investment in fixed assets (net) (-€703,132)
- Receivables within one year -€137,951
down €137,951 (-3.8%), from €3.7m to €3.5m
of which Trade receivables: -€211,262
Equity and liabilities
- Other debts -€2.0m
down €2.0m (-57.7%), from €3.5m to €1.5m
- Contributions +€2.0m
up €2.0m (+100%), from €2.0m to €4.0m
- Trade debts -€692,406
down €692,406 (-41.0%), from €1.7m to €997,357
- Debts after one year -€219,144
down €219,144 (-14.8%), from €1.5m to €1.3m
- Reserves +€200,000
up €200,000 (+100%), from €200,000 to €400,000
Income statement
- Turnover -€796,908
down €796,908 (-6.2%), from €12.8m to €12.0m
- Services and other goods -€511,227
down €511,227 (-15.3%), from €3.3m to €2.8m
- Goods and materials -€145,278
down €145,278 (-10.9%), from €1.3m to €1.2m
From the 2023 result to the 2024 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.
Result 2023
€1.1m
Turnover
-€796,908
Other operating income
+€62,273
Goods and materials
+€145,278
Services and other goods
+€511,227
Staff costs
+€11,078
Depreciation
+€60,761
Provisions
+€21,600
Other operating charges
+€10,683
Financial income
-€725
Financial charges
+€15,395
Taxes
-€44,057
Result 2024
€1.1m
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1.1m
Investment
-€660,802
Financing
+€900,496
Cash 2023
€918,500
From operations (derived)
-€1.1m
Net result for the year
+€1.1m
Depreciation
+€598,436
Stocks and contracts
+€22,039
Receivables within one year
+€137,951
Deferred charges and accrued income
+€1,580
Provisions
-€43,367
Trade debts
-€692,406
Tax, wage and social debts
-€144,313
Other debts
-€2.0m
Investment (derived)
-€660,802
Investment in fixed assets (net)
-€703,132
Current investments
+€42,330
Financing
+€900,496
Debts after one year
-€219,144
Current portion of long-term debt
+€2,240
Contributions, distributions and other
+€1.1m
Cash 2024
€104,437
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,549,861 | €9,636,594 | -€913,267 | -8.7% |
| Fixed assets | 21/28 | €5,659,009 | €5,763,705 | +€104,696 | +1.9% |
| Tangible fixed assets | 22/27 | €5,491,348 | €5,589,429 | +€98,081 | +1.8% |
| Land and buildings | 22 | €2,793,802 | €3,121,576 | +€327,774 | +11.7% |
| Plant, machinery and equipment | 23 | €285,554 | €198,828 | -€86,726 | -30.4% |
| Furniture and vehicles | 24 | €174,344 | €289,506 | +€115,162 | +66.1% |
| Leasing and similar rights | 25 | €1,977,648 | €1,678,309 | -€299,339 | -15.1% |
| Assets under construction and advance payments | 27 | €260,000 | €301,210 | +€41,210 | +15.9% |
| Financial fixed assets | 28 | €167,661 | €174,276 | +€6,615 | +3.9% |
| Other financial fixed assets | 284/8 | €167,661 | €174,276 | +€6,615 | +3.9% |
| Amounts receivable and cash guarantees | 285/8 | €167,661 | €174,276 | +€6,615 | +3.9% |
| Current assets | 29/58 | €4,890,852 | €3,872,889 | -€1.0m | -20.8% |
| Stocks and contracts in progress | 3 | €255,578 | €233,539 | -€22,039 | -8.6% |
| Stocks | 30/36 | €255,578 | €233,539 | -€22,039 | -8.6% |
| Raw materials and consumables | 30/31 | €255,578 | €233,539 | -€22,039 | -8.6% |
| Amounts receivable within one year | 40/41 | €3,672,864 | €3,534,913 | -€137,951 | -3.8% |
| Trade receivables | 40 | €3,496,613 | €3,285,351 | -€211,262 | -6.0% |
| Other amounts receivable | 41 | €176,251 | €249,562 | +€73,311 | +41.6% |
| Current investments | 50/53 | €42,330 | - | -€42,330 | |
| Other investments | 51/53 | €42,330 | - | -€42,330 | |
| Cash at bank and in hand | 54/58 | €918,500 | €104,437 | -€814,063 | -88.6% |
| Deferred charges and accrued income | 490/1 | €1,580 | - | -€1,580 | |
| Total equity and liabilities | 10/49 | €10,549,861 | €9,636,594 | -€913,267 | -8.7% |
| Equity | 10/15 | €2,200,001 | €4,400,001 | +€2.2m | +100.0% |
| Contributions | 10/11 | €2,000,000 | €4,000,000 | +€2.0m | +100% |
| Capital | 10 | €2,000,000 | €4,000,000 | +€2.0m | +100% |
| Issued capital | 100 | €2,000,000 | €4,000,000 | +€2.0m | +100% |
| Reserves | 13 | €200,000 | €400,000 | +€200,000 | +100% |
| Non-distributable reserves | 130/1 | €200,000 | €400,000 | +€200,000 | +100% |
| Legal reserve | 130 | €200,000 | €400,000 | +€200,000 | +100% |
| Profit (loss) carried forward | 14 | €1 | €1 | = | 0.0% |
| Provisions and deferred taxes | 16 | €46,746 | €3,379 | -€43,367 | -92.8% |
| Provisions for liabilities and charges | 160/5 | €46,746 | €3,379 | -€43,367 | -92.8% |
| Other liabilities and charges | 164/5 | €46,746 | €3,379 | -€43,367 | -92.8% |
| Amounts payable | 17/49 | €8,303,114 | €5,233,214 | -€3.1m | -37.0% |
| Amounts payable after more than one year | 17 | €1,478,286 | €1,259,142 | -€219,144 | -14.8% |
| Financial debts | 170/4 | €1,478,286 | €1,259,142 | -€219,144 | -14.8% |
| Leasing and similar obligations | 172 | €1,478,286 | €1,259,142 | -€219,144 | -14.8% |
| Amounts payable within one year | 42/48 | €6,824,828 | €3,974,072 | -€2.9m | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €444,223 | €446,463 | +€2,240 | +0.5% |
| Trade debts | 44 | €1,689,763 | €997,357 | -€692,406 | -41.0% |
| Suppliers | 440/4 | €1,689,763 | €997,357 | -€692,406 | -41.0% |
| Taxes, remuneration and social security | 45 | €1,198,101 | €1,053,788 | -€144,313 | -12.0% |
| Taxes | 450/3 | €474,267 | €363,917 | -€110,350 | -23.3% |
| Remuneration and social security | 454/9 | €723,834 | €689,871 | -€33,963 | -4.7% |
| Other amounts payable | 47/48 | €3,492,741 | €1,476,464 | -€2.0m | -57.7% |
| Operating income | 70/76A | €12,822,432 | €12,087,797 | -€734,635 | -5.7% |
| Turnover | 70 | €12,759,683 | €11,962,775 | -€796,908 | -6.2% |
| Other operating income | 74 | €62,749 | €125,022 | +€62,273 | +99.2% |
| Operating charges | 60/66A | €11,238,429 | €10,477,802 | -€760,627 | -6.8% |
| Goods for resale, raw materials and consumables | 60 | €1,336,568 | €1,191,290 | -€145,278 | -10.9% |
| Change in stocks: decrease (increase) | 609 | €35,255 | €22,038 | -€13,217 | -37.5% |
| Services and other goods | 61 | €3,344,621 | €2,833,394 | -€511,227 | -15.3% |
| Remuneration, social security and pensions | 62 | €5,776,306 | €5,765,228 | -€11,078 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659,197 | €598,436 | -€60,761 | -9.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€21,767 | -€43,367 | -€21,600 | -99.2% |
| Other operating charges | 640/8 | €143,504 | €132,821 | -€10,683 | -7.4% |
| Operating profit (loss) | 9901 | €1,584,003 | €1,609,995 | +€25,992 | +1.6% |
| Recurring financial income | 75 | €725 | - | -€725 | |
| Other financial income | 752/9 | €725 | - | -€725 | |
| Financial charges | 65/66B | €145,145 | €129,750 | -€15,395 | -10.6% |
| Recurring financial charges | 65 | €145,145 | €129,750 | -€15,395 | -10.6% |
| Debt charges | 650 | €135,275 | €74,724 | -€60,551 | -44.8% |
| Other financial charges | 652/9 | €9,870 | €55,026 | +€45,156 | +458% |
| Profit (loss) for the period before taxes | 9903 | €1,439,583 | €1,480,245 | +€40,662 | +2.8% |
| Income taxes | 67/77 | €353,588 | €397,645 | +€44,057 | +12.5% |
| Taxes | 670/3 | €401,727 | €413,281 | +€11,554 | +2.9% |
| Tax adjustments and reversals of tax provisions | 77 | €48,139 | €15,636 | -€32,503 | -67.5% |
| Profit (loss) for the period | 9904 | €1,085,995 | €1,082,600 | -€3,395 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,085,995 | €1,082,600 | -€3,395 | -0.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.