ROMACO: what changed
What changed
ROMACO
NACE 25.401, Forging of metal
filed annual accounts (NBB)
Net result for the year
€5,907
2024 · €71,247-€65,339
Equity
€463,743
2024 · €517,836-€54,093
Cash
€168,742
2024 · €206,552-€37,810
Balance sheet total
€804,982
2024 · €912,763-€107,781
Largest movements
Assets
- Tangible fixed assets -€55,853
down €55,853 (-21.5%), from €259,823 to €203,971
of which Furniture and vehicles: -€33,230
- Cash -€37,810
down €37,810 (-18.3%), from €206,552 to €168,742
mainly Contributions, distributions and other (-€60,000) and Debts after one year (-€38,218)
Equity and liabilities
- Reserves -€54,093
down €54,093 (-12.9%), from €417,836 to €363,743
of which Distributable reserves: -€54,093
- Debts after one year -€38,218
down €38,218 (-30.0%), from €127,260 to €89,042
- Trade debts -€29,334
down €29,334 (-21.9%), from €133,802 to €104,468
- Tax, wage and social debts +€10,131
up €10,131 (+26.7%), from €37,893 to €48,025
of which Remuneration and social security: +€10,908
- Other debts +€10,000
up €10,000 (+20.0%), from €50,000 to €60,000
Income statement
- Gross operating margin -€133,316
down €133,316 (-22.0%), from €605,170 to €471,854
- Staff costs -€53,655
down €53,655 (-12.0%), from €446,096 to €392,441
- Write-downs -€8,713
down €8,713, from €5,892 to -€2,821
- Taxes -€8,131
down €8,131 (-100%), from €8,131 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€71,247
Gross operating margin
-€133,316
Staff costs
+€53,655
Depreciation
-€5,405
Write-downs
+€8,713
Other operating charges
+€2,701
Financial income
-€2,148
Financial charges
+€2,329
Taxes
+€8,131
Result 2025
€5,907
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€61,672
Investment
€0
Financing
-€99,482
Cash 2024
€206,552
From operations (derived)
+€61,672
Net result for the year
+€5,907
Depreciation
+€55,853
Stocks and contracts
+€7,939
Receivables within one year
+€8,250
Deferred charges and accrued income
-€2,071
Trade debts
-€29,334
Tax, wage and social debts
+€10,131
Advances received
-€2,595
Other debts
+€10,000
Accrued charges and deferred income
-€2,408
Financing
-€99,482
Debts after one year
-€38,218
Current portion of long-term debt
-€1,264
Contributions, distributions and other
-€60,000
Cash 2025
€168,742
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €912,763 | €804,982 | -€107,781 | -11.8% |
| Fixed assets | 21/28 | €259,958 | €204,106 | -€55,853 | -21.5% |
| Tangible fixed assets | 22/27 | €259,823 | €203,971 | -€55,853 | -21.5% |
| Land and buildings | 22 | €142,537 | €126,553 | -€15,984 | -11.2% |
| Plant, machinery and equipment | 23 | €27,279 | €20,640 | -€6,639 | -24.3% |
| Furniture and vehicles | 24 | €90,008 | €56,778 | -€33,230 | -36.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €652,805 | €600,877 | -€51,928 | -8.0% |
| Stocks and contracts in progress | 3 | €217,988 | €210,049 | -€7,939 | -3.6% |
| Stocks | 30/36 | €140,432 | €150,004 | +€9,572 | +6.8% |
| Contracts in progress | 37 | €77,556 | €60,045 | -€17,512 | -22.6% |
| Amounts receivable within one year | 40/41 | €221,922 | €213,672 | -€8,250 | -3.7% |
| Trade receivables | 40 | €187,864 | €183,239 | -€4,625 | -2.5% |
| Other amounts receivable | 41 | €34,058 | €30,433 | -€3,625 | -10.6% |
| Cash at bank and in hand | 54/58 | €206,552 | €168,742 | -€37,810 | -18.3% |
| Deferred charges and accrued income | 490/1 | €6,342 | €8,413 | +€2,071 | +32.7% |
| Total equity and liabilities | 10/49 | €912,763 | €804,982 | -€107,781 | -11.8% |
| Equity | 10/15 | €517,836 | €463,743 | -€54,093 | -10.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €417,836 | €363,743 | -€54,093 | -12.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,242 | €20,242 | = | 0.0% |
| Distributable reserves | 133 | €387,593 | €333,501 | -€54,093 | -14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €394,928 | €341,240 | -€53,688 | -13.6% |
| Amounts payable after more than one year | 17 | €127,260 | €89,042 | -€38,218 | -30.0% |
| Financial debts | 170/4 | €127,260 | €89,042 | -€38,218 | -30.0% |
| Amounts payable within one year | 42/48 | €263,772 | €250,710 | -€13,062 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €39,482 | €38,218 | -€1,264 | -3.2% |
| Trade debts | 44 | €133,802 | €104,468 | -€29,334 | -21.9% |
| Suppliers | 440/4 | €133,802 | €104,468 | -€29,334 | -21.9% |
| Advances received on contracts in progress | 46 | €2,595 | €0 | -€2,595 | -100% |
| Taxes, remuneration and social security | 45 | €37,893 | €48,025 | +€10,131 | +26.7% |
| Taxes | 450/3 | €3,655 | €2,878 | -€777 | -21.2% |
| Remuneration and social security | 454/9 | €34,239 | €45,146 | +€10,908 | +31.9% |
| Other amounts payable | 47/48 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €3,896 | €1,487 | -€2,408 | -61.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €446,096 | €392,441 | -€53,655 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,448 | €55,853 | +€5,405 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,892 | -€2,821 | -€8,713 | |
| Other operating charges | 640/8 | €12,221 | €9,519 | -€2,701 | -22.1% |
| Gross operating margin | 9900 | €605,170 | €471,854 | -€133,316 | -22.0% |
| Operating profit (loss) | 9901 | €90,513 | €16,863 | -€73,651 | -81.4% |
| Financial income | 75/76B | €2,253 | €105 | -€2,148 | -95.3% |
| Recurring financial income | 75 | €2,253 | €105 | -€2,148 | -95.3% |
| Financial charges | 65/66B | €13,389 | €11,060 | -€2,329 | -17.4% |
| Recurring financial charges | 65 | €13,389 | €11,060 | -€2,329 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €79,378 | €5,907 | -€73,471 | -92.6% |
| Income taxes | 67/77 | €8,131 | €0 | -€8,131 | -100% |
| Profit (loss) for the period | 9904 | €71,247 | €5,907 | -€65,339 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,247 | €5,907 | -€65,339 | -91.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.