JEROMINAU: 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.
JEROMINAU
Largest movements
- Stocks and contracts +€11,972
up €11,972 (+6.9%), from €173,674 to €185,646
- Cash +€9,921
up €9,921 (+22.3%), from €44,485 to €54,406
mainly Trade debts (+€15,154) and Net result for the year (+€9,993)
- Intangible fixed assets -€6,000
down €6,000 (-57.1%), from €10,500 to €4,500
- Receivables within one year +€3,191
up €3,191, from €0 to €3,191
of which Other amounts receivable: +€3,111
- Trade debts +€15,154
up €15,154 (+42.9%), from €35,286 to €50,439
- Tax, wage and social debts -€13,510
down €13,510 (-37.9%), from €35,679 to €22,170
of which Taxes: -€10,180
- Profit (loss) carried forward +€9,993
up €9,993 (+9.6%), from €104,012 to €114,005
- Other debts -€7,716
down €7,716 (-22.2%), from €34,821 to €27,105
- Debts after one year +€7,275
up €7,275 (+1389.6%), from €524 to €7,799
- Gross operating margin -€11,297
down €11,297 (-15.0%), from €75,465 to €64,169
- Staff costs +€4,715
up €4,715 (+17.3%), from €27,263 to €31,978
- Taxes -€3,814
down €3,814 (-43.8%), from €8,703 to €4,889
- Financial income -€1,145
down €1,145 (-56.5%), from €2,028 to €883
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 | €234,793 | €252,498 | +€17,705 | +7.5% |
| Fixed assets | 21/28 | €14,958 | €7,388 | -€7,570 | -50.6% |
| Intangible fixed assets | 21 | €10,500 | €4,500 | -€6,000 | -57.1% |
| Tangible fixed assets | 22/27 | €4,458 | €2,888 | -€1,570 | -35.2% |
| Furniture and vehicles | 24 | €963 | €1,141 | +€177 | +18.4% |
| Other tangible fixed assets | 26 | €3,495 | €1,747 | -€1,747 | -50.0% |
| Current assets | 29/58 | €219,835 | €245,110 | +€25,275 | +11.5% |
| Stocks and contracts in progress | 3 | €173,674 | €185,646 | +€11,972 | +6.9% |
| Stocks | 30/36 | €173,674 | €185,646 | +€11,972 | +6.9% |
| Amounts receivable within one year | 40/41 | €0 | €3,191 | +€3,191 | |
| Trade receivables | 40 | €0 | €80 | +€80 | |
| Other amounts receivable | 41 | - | €3,111 | +€3,111 | |
| Cash at bank and in hand | 54/58 | €44,485 | €54,406 | +€9,921 | +22.3% |
| Deferred charges and accrued income | 490/1 | €1,676 | €1,867 | +€191 | +11.4% |
| Total equity and liabilities | 10/49 | €234,793 | €252,498 | +€17,705 | +7.5% |
| Equity | 10/15 | €124,472 | €134,465 | +€9,993 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,012 | €114,005 | +€9,993 | +9.6% |
| Amounts payable | 17/49 | €110,321 | €118,033 | +€7,712 | +7.0% |
| Amounts payable after more than one year | 17 | €524 | €7,799 | +€7,275 | +1389.6% |
| Financial debts | 170/4 | €524 | €7,799 | +€7,275 | +1389.6% |
| Amounts payable within one year | 42/48 | €109,797 | €110,234 | +€437 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €4,012 | €10,521 | +€6,509 | +162.2% |
| Trade debts | 44 | €35,286 | €50,439 | +€15,154 | +42.9% |
| Suppliers | 440/4 | €35,286 | €50,439 | +€15,154 | +42.9% |
| Taxes, remuneration and social security | 45 | €35,679 | €22,170 | -€13,510 | -37.9% |
| Taxes | 450/3 | €31,612 | €21,432 | -€10,180 | -32.2% |
| Remuneration and social security | 454/9 | €4,067 | €737 | -€3,330 | -81.9% |
| Other amounts payable | 47/48 | €34,821 | €27,105 | -€7,716 | -22.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,263 | €31,978 | +€4,715 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,417 | €8,895 | -€522 | -5.5% |
| Other operating charges | 640/8 | €1,748 | €1,256 | -€492 | -28.1% |
| Gross operating margin | 9900 | €75,465 | €64,169 | -€11,297 | -15.0% |
| Operating profit (loss) | 9901 | €37,038 | €22,041 | -€14,997 | -40.5% |
| Financial income | 75/76B | €2,028 | €883 | -€1,145 | -56.5% |
| Recurring financial income | 75 | €2,028 | €883 | -€1,145 | -56.5% |
| Financial charges | 65/66B | €8,124 | €8,042 | -€82 | -1.0% |
| Recurring financial charges | 65 | €8,124 | €8,042 | -€82 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €30,942 | €14,882 | -€16,060 | -51.9% |
| Income taxes | 67/77 | €8,703 | €4,889 | -€3,814 | -43.8% |
| Profit (loss) for the period | 9904 | €22,239 | €9,993 | -€12,246 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,239 | €9,993 | -€12,246 | -55.1% |
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 11 October 2026 via checked.be.