JEROEM: 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.
JEROEM
Largest movements
- Tangible fixed assets -€39,319
down €39,319 (-2.9%), from €1.3m to €1.3m
of which Land and buildings: -€33,399
- Debts after one year -€18,991
down €18,991 (-9.0%), from €211,343 to €192,353
- Reserves -€18,360
down €18,360 (-2.4%), from €761,625 to €743,265
of which Distributable reserves: -€18,360
- Gross operating margin +€27,769
up €27,769 (+97.7%), from €28,431 to €56,200
- Financial charges -€2,125
down €2,125 (-43.0%), from €4,947 to €2,822
- Depreciation -€1,023
down €1,023 (-1.7%), from €59,611 to €58,588
- Financial income +€1,002
up €1,002 (+184.3%), from €544 to €1,545
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,585,469 | €1,556,779 | -€28,690 | -1.8% |
| Fixed assets | 21/28 | €1,336,745 | €1,297,426 | -€39,319 | -2.9% |
| Tangible fixed assets | 22/27 | €1,336,745 | €1,297,426 | -€39,319 | -2.9% |
| Land and buildings | 22 | €1,302,761 | €1,269,363 | -€33,399 | -2.6% |
| Plant, machinery and equipment | 23 | €8,229 | €7,306 | -€922 | -11.2% |
| Furniture and vehicles | 24 | €25,755 | €20,757 | -€4,998 | -19.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €248,724 | €259,353 | +€10,629 | +4.3% |
| Amounts receivable within one year | 40/41 | €98 | €12,645 | +€12,547 | +12770.2% |
| Other amounts receivable | 41 | €98 | €12,645 | +€12,547 | +12770.2% |
| Current investments | 50/53 | €154,334 | €154,334 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,291 | €92,292 | -€1,999 | -2.1% |
| Deferred charges and accrued income | 490/1 | €0 | €81 | +€81 | |
| Total equity and liabilities | 10/49 | €1,585,469 | €1,556,779 | -€28,690 | -1.8% |
| Equity | 10/15 | €767,822 | €749,463 | -€18,360 | -2.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €761,625 | €743,265 | -€18,360 | -2.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €761,625 | €743,265 | -€18,360 | -2.4% |
| Amounts payable | 17/49 | €817,646 | €807,316 | -€10,330 | -1.3% |
| Amounts payable after more than one year | 17 | €211,343 | €192,353 | -€18,991 | -9.0% |
| Financial debts | 170/4 | €211,343 | €192,353 | -€18,991 | -9.0% |
| Amounts payable within one year | 42/48 | €606,303 | €614,963 | +€8,661 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €18,755 | €18,991 | +€236 | +1.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | - | €10,189 | +€10,189 | |
| Suppliers | 440/4 | - | €10,189 | +€10,189 | |
| Other amounts payable | 47/48 | €587,548 | €585,784 | -€1,765 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,611 | €58,588 | -€1,023 | -1.7% |
| Other operating charges | 640/8 | €13,673 | €14,231 | +€559 | +4.1% |
| Gross operating margin | 9900 | €28,431 | €56,200 | +€27,769 | +97.7% |
| Operating profit (loss) | 9901 | -€44,853 | -€16,619 | +€28,233 | +62.9% |
| Financial income | 75/76B | €544 | €1,545 | +€1,002 | +184.3% |
| Recurring financial income | 75 | €544 | €1,545 | +€1,002 | +184.3% |
| Financial charges | 65/66B | €4,947 | €2,822 | -€2,125 | -43.0% |
| Recurring financial charges | 65 | €4,947 | €2,822 | -€2,125 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,256 | -€17,896 | +€31,360 | +63.7% |
| Income taxes | 67/77 | €176 | €464 | +€287 | +163.0% |
| Profit (loss) for the period | 9904 | -€49,432 | -€18,360 | +€31,073 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,432 | -€18,360 | +€31,073 | +62.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.