Why you should stop “hiding” your real revenue?
In a context where the Romanian economy is trying to navigate aggressive fiscal reforms, political uncertainty, and rising financing costs, it becomes essential for mid-sized and large companies to ask themselves the right question:
"Am I really saving money by hiding my revenue — or am I actually missing out on opportunities?"
Let's break down a few of these questions together — clearly, concisely, and in plain language.
If I report all my revenue, how does that affect taxation and short-term profit margins?
The tax impact is real but it can be managed. Even though corporate tax (16%) will be combined with a higher dividend tax (increasing to 16% as of January 1, 2026), smart tax planning can significantly reduce or even offset that cost.
Think: deductibles, leasing, accelerated depreciation, or optimizing your group structure — these can make a real difference.
How does a lack of financial transparency affect me when applying for a loan or EU funding?
In 2025, banks analyze your business using automated scoring systems based on: operational profit, EBITDA, fiscal reliability, and balance sheet indicators like debt-to-equity or operational cash flow.
Accessing EU funds — including through the NRRP — requires accurate accounting, a clean fiscal track record, and clear evidence of legal compliance.
If your company only reports a fraction of its revenue, your performance indicators take a serious hit — and your chances of securing funding, international partnerships, or getting into global distribution networks? Almost zero. It's next to impossible.
Do large partners really care about my official revenue when deciding to work with me?
Short answer: YES.
If you want to play in the big leagues, your financial statements need to be clean — and impressive.
Major companies, whether multinationals or strong local players, run due diligence and credit checks before signing on. Big commercial risk insurers (like COFACE Romania) use advanced financial analysis tools to assess your business before deciding whether to insure your invoices.
The higher the insured amount on your receivables, the more credit you can get from suppliers — and that depends 100% on your financial profile.
Here's another catch:
Multinationals will not work with you if your company would rely on them for more than 30% of your total revenue. So, if you keep your official numbers low, imagine all the companies that'll walk away from a partnership.
What kind of investors or funding sources will shut the door if I'm not fully compliant?
Types of investors:
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Investment funds
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Private equity / Venture capital
Types of financing:
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Bank loans
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Non-reimbursable grants
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State guarantees
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SME support programs
Can I make the switch to compliance without turning my whole business upside down?
Absolutely. But it needs to be strategic and phased.
Here's what you should do:
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Start with an internal financial and tax audit (Hill Consulting offers this).
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Build a transition plan: 6–12 months to move to full revenue declaration.
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Optimize your cash flow in parallel, so you can temporarily handle a higher tax load.
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Seek bank or alternative financing — based on your new, improved numbers — so you can sustain growth going forward.
In a 2025 where money is harder to come by, but real opportunities exist for those who can prove financial stability, a company with over €2M in revenue that chooses to stay "partially invisible" is actively blocking its own growth.
Tax compliance is NOT a luxury.
And your accountant isn't the one who can guide you through this transition — that's not their role.
But you know who can help you?
A CFO.
If you don't have the budget for a full-time CFO, partner with Hill Consulting.