SO ROMANTIC: 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.
SO ROMANTIC
Largest movements
- Cash -€8,432
down €8,432 (-53.5%), from €15,767 to €7,335
mainly Other debts (-€35,996) and Net result for the year (-€17,496)
- Tangible fixed assets -€5,420
down €5,420 (-37.5%), from €14,438 to €9,018
of which Land and buildings: -€3,213
- Stocks and contracts -€4,401
down €4,401 (-78.1%), from €5,633 to €1,232
- Receivables within one year -€2,706
down €2,706 (-58.1%), from €4,656 to €1,950
of which Other amounts receivable: -€1,800
- Intangible fixed assets -€2,000
down €2,000 (-10.4%), from €19,262 to €17,262
- Other debts -€35,996
down €35,996 (-89.6%), from €40,173 to €4,177
- Debts after one year +€22,279
new in 2025: €22,279
- Profit (loss) carried forward -€17,496
down €17,496, from €926 to -€16,570
- Current portion of long-term debt +€6,717
new in 2025: €6,717
- Tax, wage and social debts +€1,469
up €1,469 (+12.2%), from €12,029 to €13,498
of which Remuneration and social security: +€2,299
- Staff costs +€17,776
new in 2025: €17,776
- Gross operating margin +€12,103
up €12,103 (+243%), from €4,977 to €17,080
- Other operating charges +€4,989
up €4,989 (+368%), from €1,354 to €6,343
- Financial charges +€4,176
up €4,176 (+1,856%), from €225 to €4,401
of which Financial charges: +€3,197
- Depreciation +€3,834
up €3,834 (+171%), from €2,236 to €6,070
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 | €61,872 | €39,245 | -€22,627 | -36.6% |
| Formation expenses | 20 | €1,804 | €1,409 | -€395 | -21.9% |
| Fixed assets | 21/28 | €33,700 | €26,643 | -€7,057 | -20.9% |
| Intangible fixed assets | 21 | €19,262 | €17,262 | -€2,000 | -10.4% |
| Tangible fixed assets | 22/27 | €14,438 | €9,018 | -€5,420 | -37.5% |
| Land and buildings | 22 | €4,084 | €871 | -€3,213 | -78.7% |
| Plant, machinery and equipment | 23 | €3,308 | €2,119 | -€1,189 | -35.9% |
| Furniture and vehicles | 24 | €4,962 | €4,394 | -€568 | -11.4% |
| Other tangible fixed assets | 26 | €2,084 | €1,634 | -€450 | -21.6% |
| Financial fixed assets | 28 | - | €363 | +€363 | |
| Current assets | 29/58 | €26,368 | €11,193 | -€15,175 | -57.6% |
| Stocks and contracts in progress | 3 | €5,633 | €1,232 | -€4,401 | -78.1% |
| Stocks | 30/36 | €5,633 | €1,232 | -€4,401 | -78.1% |
| Amounts receivable within one year | 40/41 | €4,656 | €1,950 | -€2,706 | -58.1% |
| Trade receivables | 40 | €906 | - | -€906 | |
| Other amounts receivable | 41 | €3,750 | €1,950 | -€1,800 | -48.0% |
| Cash at bank and in hand | 54/58 | €15,767 | €7,335 | -€8,432 | -53.5% |
| Deferred charges and accrued income | 490/1 | €312 | €676 | +€364 | +117% |
| Total equity and liabilities | 10/49 | €61,872 | €39,245 | -€22,627 | -36.6% |
| Equity | 10/15 | €3,426 | -€14,070 | -€17,496 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €926 | -€16,570 | -€17,496 | |
| Amounts payable | 17/49 | €58,446 | €53,315 | -€5,131 | -8.8% |
| Amounts payable after more than one year | 17 | - | €22,279 | +€22,279 | |
| Financial debts | 170/4 | - | €22,279 | +€22,279 | |
| Amounts payable within one year | 42/48 | €58,446 | €31,036 | -€27,410 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | - | €6,717 | +€6,717 | |
| Trade debts | 44 | €6,244 | €6,644 | +€400 | +6.4% |
| Suppliers | 440/4 | €6,244 | €6,644 | +€400 | +6.4% |
| Taxes, remuneration and social security | 45 | €12,029 | €13,498 | +€1,469 | +12.2% |
| Taxes | 450/3 | €12,029 | €11,199 | -€830 | -6.9% |
| Remuneration and social security | 454/9 | - | €2,299 | +€2,299 | |
| Other amounts payable | 47/48 | €40,173 | €4,177 | -€35,996 | -89.6% |
| Remuneration, social security and pensions | 62 | - | €17,776 | +€17,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,236 | €6,070 | +€3,834 | +171% |
| Other operating charges | 640/8 | €1,354 | €6,343 | +€4,989 | +368% |
| Gross operating margin | 9900 | €4,977 | €17,080 | +€12,103 | +243% |
| Operating profit (loss) | 9901 | €1,387 | -€13,109 | -€14,496 | |
| Financial income | 75/76B | €150 | €150 | = | 0.0% |
| Recurring financial income | 75 | €150 | €150 | = | 0.0% |
| Financial charges | 65/66B | €225 | €4,401 | +€4,176 | +1,856% |
| Recurring financial charges | 65 | €225 | €3,422 | +€3,197 | +1,421% |
| Non-recurring financial charges | 66B | - | €979 | +€979 | |
| Profit (loss) for the period before taxes | 9903 | €1,312 | -€17,360 | -€18,672 | |
| Income taxes | 67/77 | €386 | €136 | -€250 | -64.8% |
| Profit (loss) for the period | 9904 | €926 | -€17,496 | -€18,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €926 | -€17,496 | -€18,422 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.