JERONIMMO: 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.
What changed
JERONIMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€322,025
2024 · €593,105-€271,079
Equity
€1.4m
2024 · €1.1m+€322,025
Cash
€38,772
2024 · €82,532-€43,760
Balance sheet total
€6.7m
2024 · €7.5m-€819,306
Largest movements
Assets
- Tangible fixed assets -€755,215
down €755,215 (-10.3%), from €7.3m to €6.5m
of which Land and buildings: -€713,167
Equity and liabilities
- Short-term financial debts -€1.2m
down €1.2m (-100.0%), from €1.2m to €15
- Reserves +€576,094
up €576,094 (+171.7%), from €335,599 to €911,693
of which Tax-exempt reserves: +€576,094
- Profit (loss) carried forward -€254,069
down €254,069, from €115,700 to -€138,369
- Provisions +€192,031
up €192,031 (+185.5%), from €103,533 to €295,564
- Tax, wage and social debts -€80,345
down €80,345 (-85.2%), from €94,304 to €13,959
of which Taxes: -€84,214
Income statement
- Gross operating margin -€172,105
down €172,105 (-13.1%), from €1.3m to €1.1m
- Taxes -€86,565
down €86,565 (-100.0%), from €86,575 to €10
- Staff costs +€15,271
up €15,271 (+21.9%), from €69,608 to €84,879
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.
Result 2024
€593,105
Gross operating margin
-€172,105
Staff costs
-€15,271
Depreciation
-€4,583
Other operating charges
-€1,700
Other operating items
+€34,984
Financial income
+€809
Financial charges
-€7,748
Taxes
+€86,565
Deferred taxes and other
-€192,031
Result 2025
€322,025
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.
From operations
+€867,708
Investment
+€383,009
Financing
-€1.3m
Cash 2024
€82,532
From operations (derived)
+€867,708
Net result for the year
+€322,025
Depreciation
+€371,806
Receivables within one year
+€16,412
Deferred charges and accrued income
+€4,320
Provisions
+€192,031
Trade debts
-€859
Tax, wage and social debts
-€80,345
Other debts
+€4,548
Accrued charges and deferred income
+€37,769
Investment (derived)
+€383,009
Investment in fixed assets (net)
+€383,009
Financing
-€1.3m
Debts after one year
-€67,199
Current portion of long-term debt
-€32,291
Short-term financial debts
-€1.2m
Cash 2025
€38,772
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,542,650 | €6,723,344 | -€819,306 | -10.9% |
| Fixed assets | 21/28 | €7,302,498 | €6,547,683 | -€754,815 | -10.3% |
| Tangible fixed assets | 22/27 | €7,302,338 | €6,547,123 | -€755,215 | -10.3% |
| Land and buildings | 22 | €7,154,272 | €6,441,106 | -€713,167 | -10.0% |
| Furniture and vehicles | 24 | €130,852 | €90,828 | -€40,024 | -30.6% |
| Other tangible fixed assets | 26 | €17,214 | €15,189 | -€2,025 | -11.8% |
| Financial fixed assets | 28 | €160 | €560 | +€400 | +250.0% |
| Current assets | 29/58 | €240,151 | €175,661 | -€64,491 | -26.9% |
| Amounts receivable within one year | 40/41 | €136,504 | €120,093 | -€16,412 | -12.0% |
| Trade receivables | 40 | €16,426 | €15 | -€16,412 | -99.9% |
| Other amounts receivable | 41 | €120,078 | €120,078 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,532 | €38,772 | -€43,760 | -53.0% |
| Deferred charges and accrued income | 490/1 | €21,116 | €16,796 | -€4,320 | -20.5% |
| Total equity and liabilities | 10/49 | €7,542,650 | €6,723,344 | -€819,306 | -10.9% |
| Equity | 10/15 | €1,101,299 | €1,423,324 | +€322,025 | +29.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €335,599 | €911,693 | +€576,094 | +171.7% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €310,599 | €886,693 | +€576,094 | +185.5% |
| Profit (loss) carried forward | 14 | €115,700 | -€138,369 | -€254,069 | |
| Provisions and deferred taxes | 16 | €103,533 | €295,564 | +€192,031 | +185.5% |
| Deferred taxes | 168 | €103,533 | €295,564 | +€192,031 | +185.5% |
| Amounts payable | 17/49 | €6,337,818 | €5,004,455 | -€1.3m | -21.0% |
| Amounts payable after more than one year | 17 | €4,751,672 | €4,684,472 | -€67,199 | -1.4% |
| Financial debts | 170/4 | €3,148,676 | €3,396,364 | +€247,688 | +7.9% |
| Other amounts payable | 178/9 | €1,602,995 | €1,288,108 | -€314,887 | -19.6% |
| Amounts payable within one year | 42/48 | €1,583,082 | €279,149 | -€1.3m | -82.4% |
| Current portion of amounts payable after more than one year | 42 | €287,872 | €255,581 | -€32,291 | -11.2% |
| Financial debts | 43 | €1,195,000 | €15 | -€1.2m | -100.0% |
| Credit institutions | 430/8 | €1,195,000 | €15 | -€1.2m | -100.0% |
| Trade debts | 44 | €5,905 | €5,046 | -€859 | -14.5% |
| Suppliers | 440/4 | €5,905 | €5,046 | -€859 | -14.5% |
| Taxes, remuneration and social security | 45 | €94,304 | €13,959 | -€80,345 | -85.2% |
| Taxes | 450/3 | €86,575 | €2,361 | -€84,214 | -97.3% |
| Remuneration and social security | 454/9 | €7,729 | €11,598 | +€3,869 | +50.1% |
| Other amounts payable | 47/48 | - | €4,548 | +€4,548 | |
| Accrued charges and deferred income | 492/3 | €3,064 | €40,833 | +€37,769 | +1232.6% |
| Non-recurring operating income | 76A | €860,735 | €793,623 | -€67,112 | -7.8% |
| Remuneration, social security and pensions | 62 | €69,608 | €84,879 | +€15,271 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367,223 | €371,806 | +€4,583 | +1.2% |
| Other operating charges | 640/8 | €41,597 | €43,297 | +€1,700 | +4.1% |
| Non-recurring operating charges | 66A | €34,984 | - | -€34,984 | |
| Gross operating margin | 9900 | €1,311,251 | €1,139,146 | -€172,105 | -13.1% |
| Operating profit (loss) | 9901 | €797,838 | €639,164 | -€158,675 | -19.9% |
| Financial income | 75/76B | €623 | €1,433 | +€809 | +129.8% |
| Recurring financial income | 75 | €623 | €1,433 | +€809 | +129.8% |
| Financial charges | 65/66B | €118,782 | €126,530 | +€7,748 | +6.5% |
| Recurring financial charges | 65 | €118,782 | €126,530 | +€7,748 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €679,680 | €514,067 | -€165,613 | -24.4% |
| Transfer from deferred taxes | 780 | - | €6,374 | +€6,374 | |
| Transfer to deferred taxes | 680 | - | €198,406 | +€198,406 | |
| Income taxes | 67/77 | €86,575 | €10 | -€86,565 | -100.0% |
| Profit (loss) for the period | 9904 | €593,105 | €322,025 | -€271,079 | -45.7% |
| Transfer from tax-exempt reserves | 789 | - | €19,123 | +€19,123 | |
| Transfer to tax-exempt reserves | 689 | - | €595,217 | +€595,217 | |
| Profit (loss) for the period to be appropriated | 9905 | €593,105 | -€254,069 | -€847,174 |
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 8 October 2026 via checked.be.