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2025 Annual Accounts · Romanian Ministry of Finance × ONRC

Real profit and turnover by business sector (CAEN/NACE) in Romania, 2025

Across 918,334 companies that filed 2025 annual accounts in Romania, 23.9% reported zero turnover and 34.5% posted a net loss. Search any CAEN code (Romania's NACE Rev. 2 activity code) or keyword to inspect real medians, both across all filers and excluding inactive zero-turnover shells.

Common sectors:

All CAEN sectors at a glance: median turnover vs. share of firms reporting a loss#

Each circle represents one Romanian CAEN activity class with at least 10 filers. The horizontal axis shows median net turnover in Romanian lei (RON, ~5.0 RON/EUR, log scale); the vertical axis shows the percentage of firms reporting a net loss. Dashed lines mark national medians.

Median net profit > 10,000 RON Median profit 1–10,000 RON Median profit 0 RON or loss Circle size = number of companies

All active CAEN/NACE classes in Romania (2025)#

Complete ranked table ordered by number of corporate filers. Click any row for its full breakdown or filter by keyword and division.

CAENActivityFirmsMed. turnover (RON)Med. net profit (RON)On loss (%)Zero turn. (%)Med. staff5y surv. (%)
Freight transport by road43,961234,4252,52635.0%23.1%1.077.8%
Non-specialised retail sale of predominately food, beverages or tobacco41,217184,83638633.9%22.1%1.082.6%
Construction of residential and non-residential buildings35,54490,302037.5%33.2%1.077.0%
Retail sale via mail order houses or via Internet (Rev. 2) / Intermediation service activities for non-specialised retail sale (Rev. 3)21,45626,931047.4%32.3%0.065.5%
Engineering activities and related technical consultancy18,992175,46731,22625.8%17.4%1.083.7%
Computer programming activities18,149238,62892,63923.1%19.6%1.074.4%
Rental and operating of own or leased real estate16,963151,34915,37733.1%19.1%1.083.8%
Business and other management consultancy activities16,51036,25439834.7%36.4%0.076.4%
Activities of advertising agencies14,948122,52317,81427.9%19.4%1.076.2%
Accounting, bookkeeping and auditing activities; tax consultancy13,404213,48662,71410.0%7.8%1.089.7%
Construction of residential and non-residential buildings13,254189,71016,92031.5%22.3%1.077.0%
Maintenance and repair of motor vehicles13,136120,06825837.6%22.3%1.079.7%
Medical specialists activities13,108246,23373,94016.7%9.9%1.086.6%
Restaurants and mobile food service activities11,867154,338042.3%30.1%1.079.6%
Dental practice care activities11,462201,01621,96525.1%11.9%1.090.0%
Hairdressing and other beauty treatment11,46051,4147240.2%18.2%1.078.8%
Taxi operation (Rev. 2) / Non-scheduled passenger transport by road (Rev. 3)11,41637,967−2050.1%12.1%0.088.2%
Beverage serving activities10,84489,620041.7%29.3%1.080.2%
Plumbing, heat and air-conditioning installation10,540174,2809,74330.1%17.3%1.082.0%
Growing of cereals, other than rice, leguminous crops and oil seeds10,327629,65928,07726.4%14.3%1.082.2%
Computer programming activities10,197271,603134,53017.8%12.9%1.074.4%
Other education n.e.c.9,67367,5842,57835.7%22.3%1.077.9%
Electrical installation9,594221,72618,30928.6%18.0%1.081.7%
Other retail sale in non-specialised stores9,018115,420037.0%23.9%1.085.3%
Activities of agents involved in non-specialised wholesale8,973121,0146,17031.1%26.5%1.078.1%

How many companies in Romania make a profit and how many report a loss?#

Across 918,334 unique companies in the 2025 filings published by Romania's Ministry of Finance (Ministerul Finanțelor, MF — combining simplified micro/small accounts, long-form balance sheets, and IFRS statements), 511,873 companies (55.7%) reported a positive net profit and 317,326 (34.5%) reported a net loss.

Nearly a quarter of all filers — 219,104 entities (23.9%) — declared zero net turnover, and 384,230 (41.8%) reported zero average employees. Filtering to active companies with positive sales (I13 > 0) lifts the national median net profit from 2,944 RON to 18,741 RON and reduces the loss share to 28.2%.

Which business activities (CAEN/NACE codes) are the most profitable in Romania?#

Among sectors with at least 100 active companies, the highest accounting net profits appear in knowledge-intensive and licensed activities where founder compensation is often taken as dividends rather than payroll: custom software development (CAEN 6201, median net profit 92,639 RON across all filers and 166,958 RON among active-turnover firms), IT consultancy, engineering, dental clinics, and specialist medical practices.

Conversely, low-barrier consumer sectors with heavy rent, inventory, or labour costs — restaurants, bars, hair salons, and general residential construction — cluster around 0 RON median accounting profit despite generating six-figure median turnover in RON.

What is the typical turnover and profit of a restaurant, café, or salon in Romania?#

In Restaurants (CAEN 5610, 11,867 filers in 2025), all-filer median turnover is 154,338 RON (~30,868 EUR at 5.0 RON/EUR), median net profit is 0 RON, and 42.3% declare a net loss (30.1% declare zero turnover). Excluding zero-turnover entities lifts median turnover to 416,386 RON and median net profit to 5,322 RON.

Bars and cafés (CAEN 5630, 10,844 filers) show an all-filer median turnover of 89,620 RON, 0 RON median net profit, and 41.7% reporting a loss. Hair and beauty salons (CAEN 9602, 11,460 filers) post 51,414 RON median turnover, 72 RON median net profit, and 40.2% on a loss.

How many Romanian companies survive their first 1, 3, and 5 years?#

Joining Romania's National Trade Register Office (Oficiul Național al Registrului Comerțului, ONRC) incorporation dates with legal-status records as of 19 October 2026 yields a national survival rate of 90.8% at 1 year, 79.4% at 3 years, and 75.2% at 5 years.

Survival diverges sharply by sector: small retail and construction firms experience substantial attrition by year 3 through dissolution, deregistration, or suspension, whereas pharmacies, medical practices, and specialist engineering firms retain a far larger share of their cohorts at year 5. Pick any CAEN code above to view its 1-, 3-, and 5-year survival bars.

Methodology, CAEN Rev. 2/Rev. 3 mapping, and what balance sheets leave out#

Financial figures aggregate all three 2025 public corporate files from Romania's Ministry of Finance (MF): simplified annual accounts (web_uu_an2025: 844,207 filings), long-form statements for medium, large, and public-interest entities (web_bl_bs_sl_an2025: 74,025 filings), and IFRS filings (web_ir_an2025: 102 filings), deduplicated by unique company tax ID (CUI) to 918,334 unique companies. Core indicators are net turnover (I13), net profit (I18), net loss (I19), and average employees (I20); signed net profit is computed as I18 − I19. The 403 accounting reversal entries with negative turnover (I13 < 0) remain in «All filings» and are excluded from «Turnover > 0 only». Approximate EUR equivalents use a 5.0 RON/EUR reference rate.

Declared accounting net profit is not true economic profit. In Romanian limited liability companies (SRLs), owner-managers may pay themselves via employment salaries (reducing accounting profit) or retain earnings for dividend distribution depending on Romania's micro-enterprise turnover tax thresholds.

This dataset covers incorporated legal entities required to file annual accounts (SRL, SA, cooperatives). Sole traders and family enterprises (PFA, II, IF) do not file corporate balance sheets in this MF dataset and are never mixed into these figures.

In 2025, Romania began transitioning from CAEN Rev. 2 (equivalent to NACE Rev. 2) to CAEN Rev. 3 (NACE Rev. 2.1). The 2025 filings combine both classifications, and 32 numeric codes that changed scope between Rev. 2 and Rev. 3 carry an explicit overlap notice inside the sector card.

ONRC 1-, 3-, and 5-year survival rates measure the share of corporate entities (excluding PFA, II, IF) incorporated in the matching registration cohorts that remain active (not dissolved, struck off, suspended, or insolvent) in the 19 October 2026 ONRC status register.

Official sources and related investigations#

  1. Romania's Ministry of Finance (MF) — 2025 annual corporate financial statements (simplified, long-form, and IFRS filings), data.gov.ro
  2. Romania's National Trade Register Office (ONRC) — Registered companies and legal status register (October 2026), data.gov.ro
  3. ONRC — CAEN / NACE Rev. 2 and Rev. 3 activity classification nomenclature, data.gov.ro

Related open-data investigations on Romanian companies