JEROME: what changed
JEROME
Largest movements
- Tangible fixed assets -€15,001
down €15,001 (-29.4%), from €51,039 to €36,038
- Receivables within one year +€14,418
new in 2025: €14,418
- Intangible fixed assets -€12,500
down €12,500 (-23.5%), from €53,125 to €40,625
- Cash -€6,493
down €6,493 (-13.0%), from €49,992 to €43,499
mainly Debts after one year (-€21,520) and Receivables within one year (-€14,418)
- Stocks and contracts -€5,523
down €5,523 (-39.2%), from €14,082 to €8,559
- Debts after one year -€21,520
down €21,520 (-74.7%), from €28,791 to €7,271
- Trade debts +€10,273
up €10,273 (+122%), from €8,426 to €18,699
- Current portion of long-term debt -€6,639
down €6,639 (-23.6%), from €28,159 to €21,520
- Other debts -€4,503
down €4,503 (-17.2%), from €26,217 to €21,714
- Gross operating margin -€62,906
down €62,906 (-43.9%), from €143,372 to €80,466
- Staff costs -€23,451
down €23,451 (-37.0%), from €63,345 to €39,894
- Depreciation -€12,692
down €12,692 (-31.6%), from €40,193 to €27,501
- Taxes +€3,030
up €3,030 (+43.4%), from €6,976 to €10,006
- Financial charges -€2,213
down €2,213 (-40.5%), from €5,462 to €3,249
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,238 | €143,139 | -€25,099 | -14.9% |
| Fixed assets | 21/28 | €104,164 | €76,663 | -€27,501 | -26.4% |
| Intangible fixed assets | 21 | €53,125 | €40,625 | -€12,500 | -23.5% |
| Tangible fixed assets | 22/27 | €51,039 | €36,038 | -€15,001 | -29.4% |
| Furniture and vehicles | 24 | €51,039 | €36,038 | -€15,001 | -29.4% |
| Current assets | 29/58 | €64,074 | €66,476 | +€2,402 | +3.7% |
| Stocks and contracts in progress | 3 | €14,082 | €8,559 | -€5,523 | -39.2% |
| Stocks | 30/36 | €14,082 | €8,559 | -€5,523 | -39.2% |
| Amounts receivable within one year | 40/41 | - | €14,418 | +€14,418 | |
| Other amounts receivable | 41 | - | €14,418 | +€14,418 | |
| Cash at bank and in hand | 54/58 | €49,992 | €43,499 | -€6,493 | -13.0% |
| Total equity and liabilities | 10/49 | €168,238 | €143,139 | -€25,099 | -14.9% |
| Equity | 10/15 | €71,238 | €70,760 | -€478 | -0.7% |
| Contributions | 10/11 | €6,820 | €6,820 | = | 0.0% |
| Reserves | 13 | €42,000 | €42,000 | = | 0.0% |
| Distributable reserves | 133 | €42,000 | €42,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,418 | €21,940 | -€478 | -2.1% |
| Amounts payable | 17/49 | €97,000 | €72,379 | -€24,621 | -25.4% |
| Amounts payable after more than one year | 17 | €28,791 | €7,271 | -€21,520 | -74.7% |
| Financial debts | 170/4 | €28,791 | €7,271 | -€21,520 | -74.7% |
| Amounts payable within one year | 42/48 | €64,302 | €61,933 | -€2,369 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €28,159 | €21,520 | -€6,639 | -23.6% |
| Trade debts | 44 | €8,426 | €18,699 | +€10,273 | +122% |
| Suppliers | 440/4 | €8,426 | €18,699 | +€10,273 | +122% |
| Taxes, remuneration and social security | 45 | €1,500 | - | -€1,500 | |
| Taxes | 450/3 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €26,217 | €21,714 | -€4,503 | -17.2% |
| Accrued charges and deferred income | 492/3 | €3,907 | €3,175 | -€732 | -18.7% |
| Remuneration, social security and pensions | 62 | €63,345 | €39,894 | -€23,451 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,193 | €27,501 | -€12,692 | -31.6% |
| Other operating charges | 640/8 | €1,418 | €294 | -€1,124 | -79.3% |
| Gross operating margin | 9900 | €143,372 | €80,466 | -€62,906 | -43.9% |
| Operating profit (loss) | 9901 | €38,416 | €12,777 | -€25,639 | -66.7% |
| Financial charges | 65/66B | €5,462 | €3,249 | -€2,213 | -40.5% |
| Recurring financial charges | 65 | €5,462 | €3,249 | -€2,213 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €32,954 | €9,528 | -€23,426 | -71.1% |
| Income taxes | 67/77 | €6,976 | €10,006 | +€3,030 | +43.4% |
| Profit (loss) for the period | 9904 | €25,978 | -€478 | -€26,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,978 | -€478 | -€26,456 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.