JEROME: what changed
Two financial 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.
JEROME
Largest movements
- Tangible fixed assets -€15,001
down €15,001 (-29.4%), from €51,039 to €36,038
- Receivables within one year +€14,418
new in 2025: €14,418
- Intangible fixed assets -€12,500
down €12,500 (-23.5%), from €53,125 to €40,625
- Cash -€6,493
down €6,493 (-13.0%), from €49,992 to €43,499
mainly Debts after one year (-€21,520) and Receivables within one year (-€14,418)
- Stocks and contracts -€5,523
down €5,523 (-39.2%), from €14,082 to €8,559
- Debts after one year -€21,520
down €21,520 (-74.7%), from €28,791 to €7,271
- Trade debts +€10,273
up €10,273 (+122%), from €8,426 to €18,699
- Current portion of long-term debt -€6,639
down €6,639 (-23.6%), from €28,159 to €21,520
- Other debts -€4,503
down €4,503 (-17.2%), from €26,217 to €21,714
- Gross operating margin -€62,906
down €62,906 (-43.9%), from €143,372 to €80,466
- Staff costs -€23,451
down €23,451 (-37.0%), from €63,345 to €39,894
- Depreciation -€12,692
down €12,692 (-31.6%), from €40,193 to €27,501
- Taxes +€3,030
up €3,030 (+43.4%), from €6,976 to €10,006
- Financial charges -€2,213
down €2,213 (-40.5%), from €5,462 to €3,249
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.
Derived cash bridge
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 | €168,238 | €143,139 | -€25,099 | -14.9% |
| Fixed assets | 21/28 | €104,164 | €76,663 | -€27,501 | -26.4% |
| Intangible fixed assets | 21 | €53,125 | €40,625 | -€12,500 | -23.5% |
| Tangible fixed assets | 22/27 | €51,039 | €36,038 | -€15,001 | -29.4% |
| Furniture and vehicles | 24 | €51,039 | €36,038 | -€15,001 | -29.4% |
| Current assets | 29/58 | €64,074 | €66,476 | +€2,402 | +3.7% |
| Stocks and contracts in progress | 3 | €14,082 | €8,559 | -€5,523 | -39.2% |
| Stocks | 30/36 | €14,082 | €8,559 | -€5,523 | -39.2% |
| Amounts receivable within one year | 40/41 | - | €14,418 | +€14,418 | |
| Other amounts receivable | 41 | - | €14,418 | +€14,418 | |
| Cash at bank and in hand | 54/58 | €49,992 | €43,499 | -€6,493 | -13.0% |
| Total equity and liabilities | 10/49 | €168,238 | €143,139 | -€25,099 | -14.9% |
| Equity | 10/15 | €71,238 | €70,760 | -€478 | -0.7% |
| Contributions | 10/11 | €6,820 | €6,820 | = | 0.0% |
| Reserves | 13 | €42,000 | €42,000 | = | 0.0% |
| Distributable reserves | 133 | €42,000 | €42,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,418 | €21,940 | -€478 | -2.1% |
| Amounts payable | 17/49 | €97,000 | €72,379 | -€24,621 | -25.4% |
| Amounts payable after more than one year | 17 | €28,791 | €7,271 | -€21,520 | -74.7% |
| Financial debts | 170/4 | €28,791 | €7,271 | -€21,520 | -74.7% |
| Amounts payable within one year | 42/48 | €64,302 | €61,933 | -€2,369 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €28,159 | €21,520 | -€6,639 | -23.6% |
| Trade debts | 44 | €8,426 | €18,699 | +€10,273 | +122% |
| Suppliers | 440/4 | €8,426 | €18,699 | +€10,273 | +122% |
| Taxes, remuneration and social security | 45 | €1,500 | - | -€1,500 | |
| Taxes | 450/3 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €26,217 | €21,714 | -€4,503 | -17.2% |
| Accrued charges and deferred income | 492/3 | €3,907 | €3,175 | -€732 | -18.7% |
| Remuneration, social security and pensions | 62 | €63,345 | €39,894 | -€23,451 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,193 | €27,501 | -€12,692 | -31.6% |
| Other operating charges | 640/8 | €1,418 | €294 | -€1,124 | -79.3% |
| Gross operating margin | 9900 | €143,372 | €80,466 | -€62,906 | -43.9% |
| Operating profit (loss) | 9901 | €38,416 | €12,777 | -€25,639 | -66.7% |
| Financial charges | 65/66B | €5,462 | €3,249 | -€2,213 | -40.5% |
| Recurring financial charges | 65 | €5,462 | €3,249 | -€2,213 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €32,954 | €9,528 | -€23,426 | -71.1% |
| Income taxes | 67/77 | €6,976 | €10,006 | +€3,030 | +43.4% |
| Profit (loss) for the period | 9904 | €25,978 | -€478 | -€26,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,978 | -€478 | -€26,456 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.