JERIMO: 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.
JERIMO
Largest movements
- Tangible fixed assets -€71,165
down €71,165 (-6.3%), from €1.1m to €1.1m
of which Land and buildings: -€69,298
- Cash +€54,698
up €54,698 (+130.7%), from €41,846 to €96,544
mainly Net result for the year (+€177,641) and Depreciation (+€71,165)
- Profit (loss) carried forward +€177,641
up €177,641 (+23.5%), from €756,681 to €934,323
- Debts after one year -€146,212
down €146,212 (-46.4%), from €315,200 to €168,987
- Current portion of long-term debt -€26,572
down €26,572 (-15.4%), from €172,784 to €146,212
- Gross operating margin +€96,509
up €96,509 (+41.0%), from €235,118 to €331,627
- Provisions +€80,000
up €80,000, from -€80,000 to €0
- Depreciation -€37,797
down €37,797 (-34.7%), from €108,961 to €71,165
- Taxes +€13,931
up €13,931 (+30.8%), from €45,283 to €59,214
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 | €1,803,447 | €1,803,049 | -€398 | 0.0% |
| Fixed assets | 21/28 | €1,759,884 | €1,688,719 | -€71,165 | -4.0% |
| Tangible fixed assets | 22/27 | €1,121,569 | €1,050,404 | -€71,165 | -6.3% |
| Land and buildings | 22 | €1,119,702 | €1,050,404 | -€69,298 | -6.2% |
| Plant, machinery and equipment | 23 | €1,867 | €0 | -€1,867 | -100.0% |
| Financial fixed assets | 28 | €638,315 | €638,315 | = | 0.0% |
| Current assets | 29/58 | €43,563 | €114,330 | +€70,767 | +162.4% |
| Amounts receivable within one year | 40/41 | €1,717 | €17,786 | +€16,069 | +935.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,717 | €17,786 | +€16,069 | +935.9% |
| Cash at bank and in hand | 54/58 | €41,846 | €96,544 | +€54,698 | +130.7% |
| Total equity and liabilities | 10/49 | €1,803,447 | €1,803,049 | -€398 | 0.0% |
| Equity | 10/15 | €888,631 | €1,066,273 | +€177,641 | +20.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €69,950 | €69,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €756,681 | €934,323 | +€177,641 | +23.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €914,816 | €736,777 | -€178,040 | -19.5% |
| Amounts payable after more than one year | 17 | €315,200 | €168,987 | -€146,212 | -46.4% |
| Financial debts | 170/4 | €315,200 | €168,987 | -€146,212 | -46.4% |
| Amounts payable within one year | 42/48 | €408,255 | €387,754 | -€20,501 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €172,784 | €146,212 | -€26,572 | -15.4% |
| Financial debts | 43 | €12,750 | €12,750 | = | 0.0% |
| Credit institutions | 430/8 | €12,750 | €12,750 | = | 0.0% |
| Trade debts | 44 | €0 | €115 | +€115 | |
| Suppliers | 440/4 | €0 | €115 | +€115 | |
| Other amounts payable | 47/48 | €222,721 | €228,676 | +€5,956 | +2.7% |
| Accrued charges and deferred income | 492/3 | €191,361 | €180,036 | -€11,326 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,961 | €71,165 | -€37,797 | -34.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€80,000 | €0 | +€80,000 | |
| Other operating charges | 640/8 | €9,689 | €9,837 | +€148 | +1.5% |
| Gross operating margin | 9900 | €235,118 | €331,627 | +€96,509 | +41.0% |
| Operating profit (loss) | 9901 | €196,468 | €250,626 | +€54,158 | +27.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €15,336 | €13,771 | -€1,566 | -10.2% |
| Recurring financial charges | 65 | €15,336 | €13,771 | -€1,566 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €181,132 | €236,855 | +€55,723 | +30.8% |
| Income taxes | 67/77 | €45,283 | €59,214 | +€13,931 | +30.8% |
| Profit (loss) for the period | 9904 | €135,849 | €177,641 | +€41,792 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €135,849 | €177,641 | +€41,792 | +30.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.