ROMULUS: 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.
ROMULUS
Largest movements
- Tangible fixed assets -€15,978
down €15,978 (-4.3%), from €374,994 to €359,016
- Debts after one year -€24,479
down €24,479 (-15.1%), from €162,488 to €138,009
- Profit (loss) carried forward +€7,679
up €7,679 (+17.2%), from €44,556 to €52,235
- Gross operating margin +€3,070
up €3,070 (+10.0%), from €30,593 to €33,663
- Financial charges -€1,039
down €1,039 (-18.8%), from €5,530 to €4,491
- Other operating charges +€803
up €803 (+41.9%), from €1,917 to €2,720
- Taxes +€687
up €687 (+32.6%), from €2,108 to €2,795
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 | €399,895 | €386,527 | -€13,368 | -3.3% |
| Fixed assets | 21/28 | €374,994 | €359,016 | -€15,978 | -4.3% |
| Tangible fixed assets | 22/27 | €374,994 | €359,016 | -€15,978 | -4.3% |
| Land and buildings | 22 | €374,994 | €359,016 | -€15,978 | -4.3% |
| Current assets | 29/58 | €24,902 | €27,511 | +€2,610 | +10.5% |
| Amounts receivable within one year | 40/41 | €23,820 | €27,220 | +€3,400 | +14.3% |
| Trade receivables | 40 | €23,820 | €27,220 | +€3,400 | +14.3% |
| Cash at bank and in hand | 54/58 | €644 | €291 | -€352 | -54.8% |
| Deferred charges and accrued income | 490/1 | €438 | - | -€438 | |
| Total equity and liabilities | 10/49 | €399,895 | €386,527 | -€13,368 | -3.3% |
| Equity | 10/15 | €164,466 | €172,145 | +€7,679 | +4.7% |
| Contributions | 10/11 | €119,910 | €119,910 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,556 | €52,235 | +€7,679 | +17.2% |
| Amounts payable | 17/49 | €235,429 | €214,382 | -€21,047 | -8.9% |
| Amounts payable after more than one year | 17 | €162,488 | €138,009 | -€24,479 | -15.1% |
| Financial debts | 170/4 | €162,488 | €138,009 | -€24,479 | -15.1% |
| Amounts payable within one year | 42/48 | €72,941 | €76,373 | +€3,432 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €23,242 | €24,035 | +€793 | +3.4% |
| Trade debts | 44 | €5,124 | €4,982 | -€142 | -2.8% |
| Suppliers | 440/4 | €5,124 | €4,982 | -€142 | -2.8% |
| Taxes, remuneration and social security | 45 | €2,108 | €2,795 | +€687 | +32.6% |
| Taxes | 450/3 | €2,108 | €2,795 | +€687 | +32.6% |
| Other amounts payable | 47/48 | €42,467 | €44,560 | +€2,094 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,978 | €15,978 | = | 0.0% |
| Other operating charges | 640/8 | €1,917 | €2,720 | +€803 | +41.9% |
| Gross operating margin | 9900 | €30,593 | €33,663 | +€3,070 | +10.0% |
| Operating profit (loss) | 9901 | €12,698 | €14,965 | +€2,268 | +17.9% |
| Financial charges | 65/66B | €5,530 | €4,491 | -€1,039 | -18.8% |
| Recurring financial charges | 65 | €5,530 | €4,491 | -€1,039 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €7,167 | €10,474 | +€3,307 | +46.1% |
| Income taxes | 67/77 | €2,108 | €2,795 | +€687 | +32.6% |
| Profit (loss) for the period | 9904 | €5,059 | €7,679 | +€2,620 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,059 | €7,679 | +€2,620 | +51.8% |
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 8 October 2026 via checked.be.