ROMERCO
InactiveInactive; last annual accounts for fiscal year 2024. Dissolved without liquidation on 29-12-2025.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2024
28 d late
2023
30 d late
2022
28 d late
2021
60 d late
2020
89 d late
2019
144 d late
2018
71 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▲ 2.9%
2023 · €-7k
2018: €-4khighest in 7 years
2019: €-6k▼ -30.7% vs 2018
2020: €-6k▼ -6.4% vs 2019
2021: €-6k▲ +5.2% vs 2020
2022: €-7k▼ -28.4% vs 2021lowest in 7 years
2023: €-7k▲ +10.6% vs 2022
2024: €-6k▲ +2.9% vs 2023
2018 → 2024
Working capital
€1k▼ 57.4%
2023 · €3k
2018: €2k
2019: €11k▲ +535% vs 2018highest in 7 years
2020: €4k▼ -62.2% vs 2019
2021: €3k▼ -28.5% vs 2020
2022: €159▼ -94.6% vs 2021lowest in 7 years
2023: €3k▲ +1891% vs 2022
2024: €1k▼ -57.4% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€122k-€116k▼ 4.6%€109k▼ 6.2%€103k▼ 6.0%€96k▼ 6.1%
2020: €122khighest in 5 years
2021: €116k▼ -4.6% vs 2020
2022: €109k▼ -6.2% vs 2021
2023: €103k▼ -6.0% vs 2022
2024: €96k▼ -6.1% vs 2023lowest in 5 years
Operating result€-6k-€-6k▲ 2.4%€-5k▲ 3.9%€-6k▼ 5.6%€-6k▲ 1.7%
2020: €-6klowest in 5 years
2021: €-6k▲ +2.4% vs 2020
2022: €-5k▲ +3.9% vs 2021highest in 5 years
2023: €-6k▼ -5.6% vs 2022
2024: €-6k▲ +1.7% vs 2023
Net result€-6k-€-6k▲ 5.2%€-7k▼ 28.4%€-7k▲ 10.6%€-6k▲ 2.9%
2020: €-6k
2021: €-6k▲ +5.2% vs 2020highest in 5 years
2022: €-7k▼ -28.4% vs 2021lowest in 5 years
2023: €-7k▲ +10.6% vs 2022
2024: €-6k▲ +2.9% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €6k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108k
Fixed assets
€105k ▼ 4.1%
Current assets
€3k ▼ 35.9%
Equity and liabilities €108k
Equity
€96k ▼ 6.1%
Debt
€12k ▲ 1.3%
Debt's share of the balance-sheet total rises from 10.1% to 10.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▲
2023 · €-1k
Cash flow
€-2k▲
2023 · €-2k
Current ratio
1.82▼
2023 · 3.13
Debt to equity
0.12▲
2023 · 0.11
ROE
-6.6%▼
2023 · -6.3%
ROA
-5.8%▼
2023 · -5.7%
Interest coverage
-1.28▼
2023 · -1.25
Debt ≤ 1 year
€2k▲
2023 · €1k
Debt > 1 year
€10k=
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet
Code20232024
Assets
Total assets20/58€114k€108k▼
Fixed assets21/28€110k€105k▼
Tangible fixed assets22/27€110k€105k▼
Land and buildings22€110k€105k▼
Current assets29/58€5k€3k▼
Cash at bank and in hand54/58€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€114k€108k▼
Equity10/15€103k€96k▼
Contributions10/11€150k€150k=
Profit (loss) carried forward14€-47k€-54k▼
Amounts payable17/49€11k€12k▲
Amounts payable after more than one year17€10k€10k=
Financial debts170/4€10k€10k=
Amounts payable within one year42/48€1k€2k▲
Trade debts44€1k€871▼
Suppliers440/4€1k€871▼
Other amounts payable47/48€458€759▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€384€387▲
Gross operating margin9900€-727€-630▲
Operating profit (loss)9901€-6k€-6k▲
Financial charges65/66B€891€795▼
Recurring financial charges65€891€795▼
Profit (loss) for the period before taxes9903€-7k€-6k▲
Profit (loss) for the period9904€-7k€-6k▲
Profit (loss) for the period to be appropriated9905€-7k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-54k▼
Profit (loss) brought forward from the previous period14P€-41k€-47k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €5k | €5k | = |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €-823 | €-686 | €-468 | €-727 | €-630 | ▲ 13.4% |
| Operating profit (loss)9901 | €-6k | €-6k | €-5k | €-6k | €-6k | ▲ 1.7% |
| Financial charges65/66B | - | €136 | €2k | €891 | €795 | ▼ 10.7% |
| Recurring financial charges65 | €312 | €136 | €2k | €891 | €795 | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | €-6k | €-6k | €-7k | €-7k | €-6k | ▲ 2.9% |
| Profit (loss) for the period9904 | €-6k | €-6k | €-7k | €-7k | €-6k | ▲ 2.9% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-6k | €-7k | €-7k | €-6k | ▲ 2.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128k | €122k | €115k | €114k | €108k | ▼ 5.4% |
| Fixed assets21/28 | €123k | €119k | €114k | €110k | €105k | ▼ 4.1% |
| Tangible fixed assets22/27 | €123k | €119k | €114k | €110k | €105k | ▼ 4.1% |
| Land and buildings22 | - | €119k | €114k | €110k | €105k | ▼ 4.1% |
| Current assets29/58 | €5k | €3k | €634 | €5k | €3k | ▼ 35.9% |
| Amounts receivable within one year40/41 | €2k | €2k | €0 | - | - | - |
| Other amounts receivable41 | - | €2k | €0 | - | - | - |
| Cash at bank and in hand54/58 | €3k | €1k | €634 | €5k | €3k | ▼ 35.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128k | €122k | €115k | €114k | €108k | ▼ 5.4% |
| Equity10/15 | €122k | €116k | €109k | €103k | €96k | ▼ 6.1% |
| Contributions10/11 | - | €150k | €150k | €150k | €150k | = |
| Profit (loss) carried forward14 | €-28k | €-34k | €-41k | €-47k | €-54k | ▼ 13.3% |
| Amounts payable17/49 | €6k | €5k | €5k | €11k | €12k | ▲ 1.3% |
| Amounts payable after more than one year17 | €5k | €5k | €5k | €10k | €10k | = |
| Financial debts170/4 | - | €5k | €5k | €10k | €10k | = |
| Amounts payable within one year42/48 | €944 | €255 | €476 | €1k | €2k | ▲ 9.8% |
| Trade debts44 | €918 | €157 | €429 | €1k | €871 | ▼ 15.1% |
| Suppliers440/4 | - | €157 | €429 | €1k | €871 | ▼ 15.1% |
| Other amounts payable47/48 | - | €98 | €46 | €458 | €759 | ▲ 65.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-6k | €-7k | €-7k | €-6k | ▲ 2.9% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €5k | €5k | = |
| Operating cash flow (approximation) | €-1k | €-1k | €-3k | €-2k | €-2k | ▲ 9.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-2k | €-756 | €4k | €-2k | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
21-01
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Accounting effect8 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Accounting effect8 facts ▸
- General meeting, 29-12-2025
- Merger, absorption, comptes annuels arrêtés au 31 décembre 2024
- Dissolution, 29-12-2025
- Accounting effect, 01-01-2025
- Real estate, Une vitrine publicitaire située à l'entrée de l'immeuble, face au magasin numéro 1, comprenant: a) En propriété privative et exclusive: la vitrine transformée;…
- Director discharge, ROMERCO
- Power of attorney, LUTGEN Jean-Pierre
- Merger simplified, articles 12:50 à 12:58 CSSA, article 12:7, 2° CSSA
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.33 to 3.13.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 12.51
Current ratio from 5.35 to 12.51; short-term debt falls from €944 to €255.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 144 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 26.31
Current ratio from 6.65 to 26.31.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
Show earlier events
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 88 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:ICE MARLY