JERIM: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JERIM
Largest movements
- Tangible fixed assets -€9,772
down €9,772 (-3.3%), from €299,494 to €289,722
of which Land and buildings: -€9,440
- Profit (loss) carried forward -€13,495
down €13,495 (-11.2%), from -€120,628 to -€134,123
- Other debts +€7,552
up €7,552 (+3.7%), from €202,234 to €209,787
- Other operating charges -€13,120
down €13,120 (-86.0%), from €15,253 to €2,133
- Gross operating margin -€10,102
down €10,102 (-93.8%), from €10,775 to €673
- Financial charges +€391
up €391 (+20.9%), from €1,873 to €2,264
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,740 | €346,419 | -€9,320 | -2.6% |
| Fixed assets | 21/28 | €299,494 | €289,722 | -€9,772 | -3.3% |
| Tangible fixed assets | 22/27 | €299,494 | €289,722 | -€9,772 | -3.3% |
| Land and buildings | 22 | €298,887 | €289,447 | -€9,440 | -3.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €607 | €274 | -€333 | -54.8% |
| Current assets | 29/58 | €56,246 | €56,698 | +€452 | +0.8% |
| Amounts receivable within one year | 40/41 | €55,898 | €56,698 | +€800 | +1.4% |
| Trade receivables | 40 | €800 | €1,600 | +€800 | +100.0% |
| Other amounts receivable | 41 | €55,098 | €55,098 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €348 | €0 | -€348 | -100.0% |
| Total equity and liabilities | 10/49 | €355,740 | €346,419 | -€9,320 | -2.6% |
| Equity | 10/15 | -€75,628 | -€89,123 | -€13,495 | -17.8% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,628 | -€134,123 | -€13,495 | -11.2% |
| Amounts payable | 17/49 | €431,368 | €435,543 | +€4,175 | +1.0% |
| Amounts payable after more than one year | 17 | €225,000 | €225,000 | = | 0.0% |
| Financial debts | 170/4 | €225,000 | €225,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €206,368 | €210,543 | +€4,175 | +2.0% |
| Trade debts | 44 | €4,133 | €756 | -€3,377 | -81.7% |
| Suppliers | 440/4 | €4,133 | €756 | -€3,377 | -81.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €202,234 | €209,787 | +€7,552 | +3.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €10,069 | €0 | -€10,069 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,772 | €9,772 | = | 0.0% |
| Other operating charges | 640/8 | €15,253 | €2,133 | -€13,120 | -86.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €10,775 | €673 | -€10,102 | -93.8% |
| Operating profit (loss) | 9901 | -€14,250 | -€11,232 | +€3,018 | +21.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,873 | €2,264 | +€391 | +20.9% |
| Recurring financial charges | 65 | €1,873 | €2,264 | +€391 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,123 | -€13,495 | +€2,628 | +16.3% |
| Profit (loss) for the period | 9904 | -€16,123 | -€13,495 | +€2,628 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,123 | -€13,495 | +€2,628 | +16.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.