JERROM: 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.
JERROM
Largest movements
- Cash -€58,241
down €58,241 (-40.6%), from €143,307 to €85,066
mainly Contributions, distributions and other (-€75,000) and Other debts (-€18,035)
- Receivables within one year +€17,365
up €17,365 (+545%), from €3,186 to €20,552
of which Trade receivables: +€20,207
- Tangible fixed assets -€14,797
down €14,797 (-25.6%), from €57,700 to €42,903
of which Furniture and vehicles: -€17,541
- Profit (loss) carried forward -€18,231
down €18,231 (-33.2%), from €54,979 to €36,748
- Other debts -€18,035
down €18,035 (-19.0%), from €95,000 to €76,965
- Tax, wage and social debts -€8,246
down €8,246 (-48.1%), from €17,157 to €8,911
- Debts after one year -€6,558
down €6,558 (-100%), from €6,558 to €0
- Current portion of long-term debt -€4,596
down €4,596 (-41.2%), from €11,154 to €6,558
- Gross operating margin -€13,124
down €13,124 (-12.2%), from €107,912 to €94,788
- Taxes -€2,593
down €2,593 (-13.5%), from €19,248 to €16,656
- Depreciation +€2,103
up €2,103 (+11.4%), from €18,493 to €20,597
- Financial income -€1,137
down €1,137 (-100.0%), from €1,137 to €0
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 | €206,406 | €150,700 | -€55,706 | -27.0% |
| Fixed assets | 21/28 | €57,700 | €42,903 | -€14,797 | -25.6% |
| Tangible fixed assets | 22/27 | €57,700 | €42,903 | -€14,797 | -25.6% |
| Plant, machinery and equipment | 23 | €601 | €261 | -€341 | -56.7% |
| Furniture and vehicles | 24 | €44,858 | €27,318 | -€17,541 | -39.1% |
| Other tangible fixed assets | 26 | €12,240 | €15,325 | +€3,085 | +25.2% |
| Current assets | 29/58 | €148,706 | €107,797 | -€40,909 | -27.5% |
| Amounts receivable within one year | 40/41 | €3,186 | €20,552 | +€17,365 | +545% |
| Trade receivables | 40 | €0 | €20,207 | +€20,207 | |
| Other amounts receivable | 41 | €3,186 | €345 | -€2,842 | -89.2% |
| Current investments | 50/53 | €42 | €42 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €143,307 | €85,066 | -€58,241 | -40.6% |
| Deferred charges and accrued income | 490/1 | €2,171 | €2,137 | -€34 | -1.6% |
| Total equity and liabilities | 10/49 | €206,406 | €150,700 | -€55,706 | -27.0% |
| Equity | 10/15 | €75,384 | €57,153 | -€18,231 | -24.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,979 | €36,748 | -€18,231 | -33.2% |
| Amounts payable | 17/49 | €131,022 | €93,547 | -€37,475 | -28.6% |
| Amounts payable after more than one year | 17 | €6,558 | €0 | -€6,558 | -100% |
| Financial debts | 170/4 | €6,558 | €0 | -€6,558 | -100% |
| Amounts payable within one year | 42/48 | €124,464 | €93,547 | -€30,917 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €11,154 | €6,558 | -€4,596 | -41.2% |
| Financial debts | 43 | €0 | €308 | +€308 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | - | €308 | +€308 | |
| Trade debts | 44 | €1,153 | €805 | -€348 | -30.2% |
| Suppliers | 440/4 | €1,153 | €805 | -€348 | -30.2% |
| Taxes, remuneration and social security | 45 | €17,157 | €8,911 | -€8,246 | -48.1% |
| Taxes | 450/3 | €17,157 | €8,911 | -€8,246 | -48.1% |
| Other amounts payable | 47/48 | €95,000 | €76,965 | -€18,035 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,493 | €20,597 | +€2,103 | +11.4% |
| Other operating charges | 640/8 | €678 | €521 | -€157 | -23.2% |
| Gross operating margin | 9900 | €107,912 | €94,788 | -€13,124 | -12.2% |
| Operating profit (loss) | 9901 | €88,740 | €73,670 | -€15,070 | -17.0% |
| Financial income | 75/76B | €1,137 | €0 | -€1,137 | -100.0% |
| Recurring financial income | 75 | €1,137 | €0 | -€1,137 | -100.0% |
| Financial charges | 65/66B | €361 | €246 | -€115 | -31.8% |
| Recurring financial charges | 65 | €361 | €246 | -€115 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €89,517 | €73,424 | -€16,092 | -18.0% |
| Income taxes | 67/77 | €19,248 | €16,656 | -€2,593 | -13.5% |
| Profit (loss) for the period | 9904 | €70,268 | €56,769 | -€13,499 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,268 | €56,769 | -€13,499 | -19.2% |
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 16 October 2026 via checked.be.