JERONIMOH: 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.
JERONIMOH
Largest movements
- Current investments +€482,884
up €482,884 (+84.0%), from €575,000 to €1.1m
- Cash +€59,355
up €59,355 (+244.0%), from €24,325 to €83,681
mainly Net result for the year (+€579,117) and Other debts (+€46,000)
- Profit (loss) carried forward +€385,457
up €385,457 (+36.2%), from €1.1m to €1.4m
- Reserves +€193,660
up €193,660 (+10411.8%), from €1,860 to €195,520
of which Tax-exempt reserves: +€193,660
- Other debts +€46,000
new in 2025: €46,000
- Current portion of long-term debt -€26,214
down €26,214 (-57.7%), from €45,419 to €19,204
- Debts after one year -€19,204
down €19,204 (-63.0%), from €30,475 to €11,270
- Gross operating margin +€203,478
up €203,478 (+53.3%), from €381,632 to €585,110
- Financial income +€79,367
up €79,367 (+74.4%), from €106,670 to €186,037
- Taxes +€45,086
up €45,086 (+49.7%), from €90,719 to €135,805
- Staff costs +€26,413
up €26,413 (+122.6%), from €21,550 to €47,964
- Depreciation -€10,592
down €10,592 (-63.4%), from €16,703 to €6,111
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 | €1,187,875 | €1,753,554 | +€565,679 | +47.6% |
| Fixed assets | 21/28 | €548,914 | €555,238 | +€6,325 | +1.2% |
| Tangible fixed assets | 22/27 | €30,514 | €36,838 | +€6,325 | +20.7% |
| Furniture and vehicles | 24 | €4,915 | €7,882 | +€2,967 | +60.4% |
| Other tangible fixed assets | 26 | €25,599 | €28,956 | +€3,357 | +13.1% |
| Financial fixed assets | 28 | €518,400 | €518,400 | = | 0.0% |
| Current assets | 29/58 | €638,961 | €1,198,316 | +€559,355 | +87.5% |
| Amounts receivable within one year | 40/41 | €37,775 | €53,540 | +€15,764 | +41.7% |
| Other amounts receivable | 41 | €37,775 | €53,540 | +€15,764 | +41.7% |
| Current investments | 50/53 | €575,000 | €1,057,884 | +€482,884 | +84.0% |
| Cash at bank and in hand | 54/58 | €24,325 | €83,681 | +€59,355 | +244.0% |
| Deferred charges and accrued income | 490/1 | €1,860 | €3,212 | +€1,351 | +72.6% |
| Total equity and liabilities | 10/49 | €1,187,875 | €1,753,554 | +€565,679 | +47.6% |
| Equity | 10/15 | €1,084,045 | €1,663,162 | +€579,117 | +53.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €195,520 | +€193,660 | +10411.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €193,660 | +€193,660 | |
| Profit (loss) carried forward | 14 | €1,063,585 | €1,449,042 | +€385,457 | +36.2% |
| Amounts payable | 17/49 | €103,830 | €90,393 | -€13,437 | -12.9% |
| Amounts payable after more than one year | 17 | €30,475 | €11,270 | -€19,204 | -63.0% |
| Financial debts | 170/4 | €30,475 | €11,270 | -€19,204 | -63.0% |
| Amounts payable within one year | 42/48 | €73,355 | €79,122 | +€5,767 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €45,419 | €19,204 | -€26,214 | -57.7% |
| Trade debts | 44 | €3,862 | €2,051 | -€1,811 | -46.9% |
| Suppliers | 440/4 | €3,862 | €2,051 | -€1,811 | -46.9% |
| Taxes, remuneration and social security | 45 | €24,075 | €11,867 | -€12,208 | -50.7% |
| Taxes | 450/3 | €18,438 | €5,826 | -€12,612 | -68.4% |
| Remuneration and social security | 454/9 | €5,637 | €6,041 | +€405 | +7.2% |
| Other amounts payable | 47/48 | - | €46,000 | +€46,000 | |
| Remuneration, social security and pensions | 62 | €21,550 | €47,964 | +€26,413 | +122.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,703 | €6,111 | -€10,592 | -63.4% |
| Other operating charges | 640/8 | €692 | €770 | +€78 | +11.3% |
| Gross operating margin | 9900 | €381,632 | €585,110 | +€203,478 | +53.3% |
| Operating profit (loss) | 9901 | €342,687 | €530,265 | +€187,578 | +54.7% |
| Financial income | 75/76B | €106,670 | €186,037 | +€79,367 | +74.4% |
| Recurring financial income | 75 | €106,670 | €186,037 | +€79,367 | +74.4% |
| Financial charges | 65/66B | €1,137 | €1,381 | +€244 | +21.4% |
| Recurring financial charges | 65 | €1,137 | €1,381 | +€244 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €448,220 | €714,922 | +€266,702 | +59.5% |
| Income taxes | 67/77 | €90,719 | €135,805 | +€45,086 | +49.7% |
| Profit (loss) for the period | 9904 | €357,501 | €579,117 | +€221,615 | +62.0% |
| Transfer to tax-exempt reserves | 689 | - | €193,660 | +€193,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €357,501 | €385,457 | +€27,955 | +7.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.