Finanțistul · financial analysis based on the trial balance finantistul.ro
MERIDIAN DISTRIBUȚIE EXEMPLU SRL automatically generated document · engine 1.8.0 · © finantistul.ro
Finanțistul
automatic financial analysis based on the trial balance
finantistul.ro
automatically generated document · engine 1.8.0

Comparison

2025 · EXEMPLUM FICTUM SRL  versus  2026 · EXEMPLUM FICTUM SRL
Same entity, two periods
The differences below represent evolution: the same firm, measured at two points in time. Increases and decreases have trend sense.
2
better indicators at 2025
10
better indicators at 2026

Indicator with indicator

Indicator 2025 2026 Difference Better
Revenue 10.32M 7.19M +43.4% equal
Profit 1.09M 1.17M -6.9% 2026
EBITDA 1.87M 1.68M +11.3% 2025
Current ratio 1.66x 1.76x -5.7% 2026
Quick ratio 0.66x 0.71x -6.9% 2026
Net margin 10.5% 16.3% -35.1% 2026
ROA 16.3% 26.7% -38.9% 2026
ROE 39.9% 61.9% -35.5% 2026
Autonomy 40.9% 43.2% -5.3% 2026
Debt ratio 59.0% 56.7% +4.1% 2026
Leverage 1.44x 1.31x +10.0% 2026
Days receivable 1 z 1 z +5.5% 2026
Inventory turnover 3.24x 3.16x +2.5% 2025
Days payable 9 z 10 z -5.4% equal
"Better" is determined according to the meaning of each indicator: in terms of liquidity or margin, more is better, in terms of days of collection or degree of indebtedness, less is better. Rows with no unique meaning appear as equals.
Finanțistul · financial analysis based on the trial balance
finantistul.ro
Comparison generated automatically from the two uploaded trial balances. The figures come solely from them; if a trial balance contains errors, they show up here too. This document is not an accounting expert report, an audit or tax advice.

All indicators, face to face

Liquidity

Indicator 2025 2026 Difference
Current ratio 1.66 1.76 +6.0%
Quick ratio 0.66 0.71 +7.4%
Cash ratio 0.28 0.32 +14.7%

Solvency

Indicator 2025 2026 Difference
Debt ratio 59.0% 56.7% -3.9%
Financial autonomy 40.9% 43.2% +5.6%
Adjusted autonomy (incl. 455) 41.0% 43.3% +5.7%
Leverage 1.44x 1.31x -9.1%

profitability

Indicator 2025 2026 Difference
Estimated profit / loss 1.088.305,68 lei 1.169.067,64 lei +7.4%
Net margin 10.5% 16.3% +54.0%
ROA - return on assets 16.3% 26.7% +63.7%
ROE - return on equity 39.9% 61.9% +55.0%
EBITDA 1.867.063,74 lei 1.678.085,57 lei -10.1%
EBITDA margin 18.1% 23.3% +28.9%

Efficiency

Indicator 2025 2026 Difference
Days sales outstanding 1 1 -5.2%
Days payable outstanding 9 10 +5.8%
Days inventory outstanding 113 116 +2.5%
Inventory turnover 3.2x 3.2x -2.4%
Cash conversion cycle 104 107 +2.1%
Asset turnover 1.55x 1.64x +6.3%

Treasury

Indicator 2025 2026 Difference
Available cash (512+531) 570.146,05 lei 721.559,05 lei +26.6%
Expense coverage from cash 0.7 0.8 +13.1%
Working capital 1.357.029,85 lei 1.725.168,48 lei +27.1%

Tax

Indicator 2025 2026 Difference
Estimated VAT balance 102.575,25 lei 124.341,88 lei +21.2%

Risk

Indicator 2025 2026 Difference
DSCR - debt service coverage 0.92x 1.34x +45.9%
Interest coverage 11.83x 17.09x +44.5%
Fixed-asset wear level 29.8% 29.5% -1.2%
Altman Z-Score 2.922 3.415 +16.9%

Scoring

Indicator 2025 2026 Difference
Bank score 62/100 72/100 +16.1%

Breakeven

Indicator 2025 2026 Difference
Break-even point 8.187.009,62 lei 5.200.788,21 lei -36.5%
Safety margin 20.6% 27.7% +34.2%

Balance

Indicator 2025 2026 Difference
Working capital (funds) 1.357.029,85 lei 1.725.168,48 lei +27.1%
Working capital requirement 786.829,97 lei 1.003.537,95 lei +27.5%
Net cash 570.199,88 lei 721.630,53 lei +26.6%

Cash flow

Indicator 2025 2026 Difference
Operating cash flow 1.082.209,11 lei 1.119.416,12 lei +3.4%

The next financial year, projected

The projection starts exclusively from the difference between 2025 and 2026. The linear method repeats the same difference in absolute value; the geometric one repeats the same growth rate. When the two are far apart, it means that the rhythm is not stable and the projection should be taken with even more caution.

The two periods are of different lengths, so they were both brought up to twelve months before the comparison. Otherwise the decrease would have come from the number of months, not activity.
Size 2025 2026 Variation Linear projection Geometric projection
Revenue 10.315.961,95 lei 12.331.644,07 lei +19.5% 14.347.326,19 lei 14.741.179,37 lei
Expenses 9.227.656,27 lei 10.327.528,11 lei +11.9% 11.427.399,96 lei 11.558.496,96 lei
Profit 1.088.305,68 lei 2.004.115,95 lei +84.2% 2.919.926,23 lei 3.690.581,45 lei

Indicators, designed the same

Indicator 2025 2026 Linear projection Geometric projection
Current ratio 1.66 1.76 1.86 1.87
Debt ratio 59.03 56.71 54.40 54.49
Financial autonomy 40.86 43.17 45.47 45.60
Net margin 10.55 16.25 21.95 25.04
ROA - return on assets 16.31 26.70 37.10 43.73
ROE - return on equity 39.91 61.86 83.81 95.88
Days sales outstanding 1.04 0.98 0.93 0.93
Inventory turnover 3.24 3.16 3.08 3.08
Predictions are not promises
Any forecast here is the dry result of the balance sheet figures, extrapolated mathematically. It does not take into account contracts under negotiation, operations that have not yet been completed or recorded in the accounts, nor the general economic context. It also does not take into account seasonality, planned investments or price changes: a company with peak sales in December will appear undervalued in July, and vice versa. Use them as an order of magnitude and as a starting point for discussion with your accountant, not as a commitment to the bank or associates.