ROMAN: what changed
ROMAN
Largest movements
- Cash -€74,731
down €74,731 (-66.3%), from €112,730 to €37,999
mainly Trade debts (-€83,918) and Contributions, distributions and other (-€40,088)
- Receivables within one year -€65,226
down €65,226 (-22.0%), from €297,134 to €231,908
of which Other amounts receivable: -€68,919
- Tangible fixed assets -€16,442
down €16,442 (-13.1%), from €125,655 to €109,213
of which Land and buildings: -€21,272
- Stocks and contracts +€12,854
up €12,854 (+7.4%), from €174,654 to €187,507
- Trade debts -€83,918
down €83,918 (-74.7%), from €112,316 to €28,398
- Debts after one year -€30,725
down €30,725 (-40.6%), from €75,684 to €44,960
- Other debts -€21,032
down €21,032 (-35.8%), from €58,691 to €37,658
- Short-term financial debts -€20,000
down €20,000 (-22.2%), from €90,000 to €70,000
- Reserves +€13,306
up €13,306 (+7.1%), from €188,683 to €201,989
of which Distributable reserves: +€13,306
- Staff costs +€20,993
up €20,993 (+18.7%), from €112,231 to €133,223
- Taxes -€5,298
down €5,298 (-18.9%), from €28,033 to €22,736
- Financial charges +€5,283
up €5,283 (+51.9%), from €10,178 to €15,461
- Other operating charges -€3,272
down €3,272 (-60.6%), from €5,395 to €2,123
- Gross operating margin +€3,268
up €3,268 (+1.4%), from €240,846 to €244,114
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,173 | €611,628 | -€149,546 | -19.6% |
| Fixed assets | 21/28 | €125,655 | €109,213 | -€16,442 | -13.1% |
| Tangible fixed assets | 22/27 | €125,655 | €109,213 | -€16,442 | -13.1% |
| Land and buildings | 22 | €97,774 | €76,501 | -€21,272 | -21.8% |
| Plant, machinery and equipment | 23 | €26,141 | €21,998 | -€4,144 | -15.9% |
| Furniture and vehicles | 24 | €1,740 | €5,910 | +€4,170 | +240% |
| Other tangible fixed assets | 26 | €0 | €4,804 | +€4,804 | |
| Current assets | 29/58 | €635,518 | €502,414 | -€133,104 | -20.9% |
| Stocks and contracts in progress | 3 | €174,654 | €187,507 | +€12,854 | +7.4% |
| Stocks | 30/36 | €174,654 | €187,507 | +€12,854 | +7.4% |
| Amounts receivable within one year | 40/41 | €297,134 | €231,908 | -€65,226 | -22.0% |
| Trade receivables | 40 | €22,170 | €25,862 | +€3,692 | +16.7% |
| Other amounts receivable | 41 | €274,965 | €206,046 | -€68,919 | -25.1% |
| Cash at bank and in hand | 54/58 | €112,730 | €37,999 | -€74,731 | -66.3% |
| Deferred charges and accrued income | 490/1 | €51,000 | €45,000 | -€6,000 | -11.8% |
| Total equity and liabilities | 10/49 | €761,173 | €611,628 | -€149,546 | -19.6% |
| Equity | 10/15 | €350,483 | €363,789 | +€13,306 | +3.8% |
| Contributions | 10/11 | €26,451 | €26,451 | = | 0.0% |
| Reserves | 13 | €188,683 | €201,989 | +€13,306 | +7.1% |
| Non-distributable reserves | 130/1 | €2,669 | €2,669 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,669 | €2,669 | = | 0.0% |
| Distributable reserves | 133 | €186,013 | €199,319 | +€13,306 | +7.2% |
| Profit (loss) carried forward | 14 | €135,350 | €135,350 | = | 0.0% |
| Amounts payable | 17/49 | €410,690 | €247,838 | -€162,852 | -39.7% |
| Amounts payable after more than one year | 17 | €75,684 | €44,960 | -€30,725 | -40.6% |
| Financial debts | 170/4 | €75,684 | €44,960 | -€30,725 | -40.6% |
| Amounts payable within one year | 42/48 | €335,006 | €202,879 | -€132,127 | -39.4% |
| Current portion of amounts payable after more than one year | 42 | €41,997 | €33,794 | -€8,204 | -19.5% |
| Financial debts | 43 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Credit institutions | 430/8 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Trade debts | 44 | €112,316 | €28,398 | -€83,918 | -74.7% |
| Suppliers | 440/4 | €112,316 | €28,398 | -€83,918 | -74.7% |
| Taxes, remuneration and social security | 45 | €32,002 | €33,029 | +€1,027 | +3.2% |
| Taxes | 450/3 | €13,175 | €11,759 | -€1,417 | -10.8% |
| Remuneration and social security | 454/9 | €18,826 | €21,270 | +€2,444 | +13.0% |
| Other amounts payable | 47/48 | €58,691 | €37,658 | -€21,032 | -35.8% |
| Remuneration, social security and pensions | 62 | €112,231 | €133,223 | +€20,993 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,846 | €28,231 | +€1,386 | +5.2% |
| Other operating charges | 640/8 | €5,395 | €2,123 | -€3,272 | -60.6% |
| Gross operating margin | 9900 | €240,846 | €244,114 | +€3,268 | +1.4% |
| Operating profit (loss) | 9901 | €96,375 | €80,536 | -€15,839 | -16.4% |
| Financial income | 75/76B | €9,054 | €11,054 | +€2,000 | +22.1% |
| Recurring financial income | 75 | €9,054 | €11,054 | +€2,000 | +22.1% |
| Financial charges | 65/66B | €10,178 | €15,461 | +€5,283 | +51.9% |
| Recurring financial charges | 65 | €10,178 | €15,461 | +€5,283 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €95,252 | €76,130 | -€19,122 | -20.1% |
| Income taxes | 67/77 | €28,033 | €22,736 | -€5,298 | -18.9% |
| Profit (loss) for the period | 9904 | €67,218 | €53,394 | -€13,824 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,218 | €53,394 | -€13,824 | -20.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.