Romax: 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.
Romax
Largest movements
- Cash -€11,471
down €11,471 (-17.5%), from €65,724 to €54,253
mainly Tax, wage and social debts (-€11,491) and Net result for the year (-€5,076)
- Receivables within one year -€4,424
down €4,424 (-26.7%), from €16,558 to €12,134
of which Trade receivables: -€9,319
- Tax, wage and social debts -€11,491
down €11,491 (-69.7%), from €16,491 to €5,000
of which Taxes: -€16,491
- Profit (loss) carried forward -€5,076
down €5,076 (-8.3%), from €61,024 to €55,948
- Trade debts +€1,238
up €1,238 (+271.9%), from €455 to €1,694
- Gross operating margin -€82,249
down €82,249, from €77,949 to -€4,301
- Taxes -€15,533
no longer reported in 2025 (was €15,533)
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 | €84,221 | €68,892 | -€15,329 | -18.2% |
| Fixed assets | 21/28 | €1,288 | €1,792 | +€504 | +39.1% |
| Tangible fixed assets | 22/27 | €1,288 | €1,792 | +€504 | +39.1% |
| Plant, machinery and equipment | 23 | - | €826 | +€826 | |
| Furniture and vehicles | 24 | €1,288 | €966 | -€322 | -25.0% |
| Current assets | 29/58 | €82,933 | €67,100 | -€15,833 | -19.1% |
| Amounts receivable within one year | 40/41 | €16,558 | €12,134 | -€4,424 | -26.7% |
| Trade receivables | 40 | €16,444 | €7,125 | -€9,319 | -56.7% |
| Other amounts receivable | 41 | €114 | €5,009 | +€4,895 | +4282.8% |
| Cash at bank and in hand | 54/58 | €65,724 | €54,253 | -€11,471 | -17.5% |
| Deferred charges and accrued income | 490/1 | €651 | €713 | +€62 | +9.5% |
| Total equity and liabilities | 10/49 | €84,221 | €68,892 | -€15,329 | -18.2% |
| Equity | 10/15 | €64,024 | €58,948 | -€5,076 | -7.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,024 | €55,948 | -€5,076 | -8.3% |
| Amounts payable | 17/49 | €20,196 | €9,944 | -€10,253 | -50.8% |
| Amounts payable within one year | 42/48 | €20,196 | €9,944 | -€10,253 | -50.8% |
| Trade debts | 44 | €455 | €1,694 | +€1,238 | +271.9% |
| Suppliers | 440/4 | €455 | €1,694 | +€1,238 | +271.9% |
| Taxes, remuneration and social security | 45 | €16,491 | €5,000 | -€11,491 | -69.7% |
| Taxes | 450/3 | €16,491 | - | -€16,491 | |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €3,250 | €3,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,322 | €735 | -€587 | -44.4% |
| Gross operating margin | 9900 | €77,949 | -€4,301 | -€82,249 | |
| Operating profit (loss) | 9901 | €76,626 | -€5,036 | -€81,662 | |
| Financial charges | 65/66B | €69 | €41 | -€28 | -40.7% |
| Recurring financial charges | 65 | €69 | €41 | -€28 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €76,558 | -€5,076 | -€81,634 | |
| Income taxes | 67/77 | €15,533 | - | -€15,533 | |
| Profit (loss) for the period | 9904 | €61,024 | -€5,076 | -€66,101 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,024 | -€5,076 | -€66,101 |
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 3 October 2026 via checked.be.