JEROME: 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.
JEROME
Largest movements
- Cash -€15,690
down €15,690 (-47.7%), from €32,917 to €17,227
mainly Contributions, distributions and other (-€30,833) and Trade debts (-€12,199)
- Current investments -€9,290
down €9,290 (-30.0%), from €31,000 to €21,710
- Tangible fixed assets -€6,149
down €6,149 (-31.3%), from €19,617 to €13,468
- Receivables after one year -€4,667
down €4,667 (-8.6%), from €54,380 to €49,713
- Receivables within one year +€3,343
up €3,343 (+18.7%), from €17,832 to €21,175
of which Other amounts receivable: +€10,801
- Reserves -€13,571
down €13,571 (-12.5%), from €108,930 to €95,358
of which Distributable reserves: -€13,571
- Trade debts -€12,199
down €12,199 (-98.2%), from €12,425 to €226
- Tax, wage and social debts -€4,887
down €4,887 (-65.2%), from €7,490 to €2,604
of which Taxes: -€4,887
- Gross operating margin +€3,112
up €3,112 (+11.3%), from €27,426 to €30,537
- Taxes +€1,227
up €1,227 (+21.1%), from €5,806 to €7,033
- Other operating charges +€1,124
up €1,124 (+144.9%), from €775 to €1,899
- Depreciation -€809
down €809 (-11.6%), from €6,957 to €6,149
- Financial income +€486
up €486 (+38.2%), from €1,270 to €1,755
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 | €155,985 | €123,538 | -€32,448 | -20.8% |
| Fixed assets | 21/28 | €19,694 | €13,545 | -€6,149 | -31.2% |
| Tangible fixed assets | 22/27 | €19,617 | €13,468 | -€6,149 | -31.3% |
| Plant, machinery and equipment | 23 | €19,617 | €13,468 | -€6,149 | -31.3% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €136,292 | €109,993 | -€26,299 | -19.3% |
| Amounts receivable after more than one year | 29 | €54,380 | €49,713 | -€4,667 | -8.6% |
| Other amounts receivable | 291 | €54,380 | €49,713 | -€4,667 | -8.6% |
| Amounts receivable within one year | 40/41 | €17,832 | €21,175 | +€3,343 | +18.7% |
| Trade receivables | 40 | €17,832 | €10,374 | -€7,458 | -41.8% |
| Other amounts receivable | 41 | €0 | €10,801 | +€10,801 | |
| Current investments | 50/53 | €31,000 | €21,710 | -€9,290 | -30.0% |
| Cash at bank and in hand | 54/58 | €32,917 | €17,227 | -€15,690 | -47.7% |
| Deferred charges and accrued income | 490/1 | €162 | €168 | +€6 | +3.5% |
| Total equity and liabilities | 10/49 | €155,985 | €123,538 | -€32,448 | -20.8% |
| Equity | 10/15 | €133,864 | €119,875 | -€13,988 | -10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €108,930 | €95,358 | -€13,571 | -12.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €108,930 | €95,358 | -€13,571 | -12.5% |
| Profit (loss) carried forward | 14 | €6,334 | €5,917 | -€417 | -6.6% |
| Amounts payable | 17/49 | €22,122 | €3,662 | -€18,459 | -83.4% |
| Amounts payable within one year | 42/48 | €22,122 | €3,662 | -€18,459 | -83.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €12,425 | €226 | -€12,199 | -98.2% |
| Suppliers | 440/4 | €12,425 | €226 | -€12,199 | -98.2% |
| Taxes, remuneration and social security | 45 | €7,490 | €2,604 | -€4,887 | -65.2% |
| Taxes | 450/3 | €6,165 | €1,279 | -€4,887 | -79.3% |
| Remuneration and social security | 454/9 | €1,325 | €1,325 | = | 0.0% |
| Other amounts payable | 47/48 | €2,207 | €833 | -€1,374 | -62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,957 | €6,149 | -€809 | -11.6% |
| Other operating charges | 640/8 | €775 | €1,899 | +€1,124 | +144.9% |
| Gross operating margin | 9900 | €27,426 | €30,537 | +€3,112 | +11.3% |
| Operating profit (loss) | 9901 | €19,693 | €22,490 | +€2,797 | +14.2% |
| Financial income | 75/76B | €1,270 | €1,755 | +€486 | +38.2% |
| Recurring financial income | 75 | €1,270 | €1,755 | +€486 | +38.2% |
| Financial charges | 65/66B | €168 | €367 | +€199 | +118.6% |
| Recurring financial charges | 65 | €168 | €367 | +€199 | +118.6% |
| Profit (loss) for the period before taxes | 9903 | €20,795 | €23,878 | +€3,083 | +14.8% |
| Income taxes | 67/77 | €5,806 | €7,033 | +€1,227 | +21.1% |
| Profit (loss) for the period | 9904 | €14,989 | €16,845 | +€1,856 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,989 | €16,845 | +€1,856 | +12.4% |
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 4 October 2026 via checked.be.