IMMO JODEVI: 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.
IMMO JODEVI
Largest movements
- Financial fixed assets -€1.4m
down €1.4m (-100.0%), from €1.4m to €0
- Tangible fixed assets +€159,166
new in 2025: €159,166
of which Land and buildings: +€155,929
- Cash +€27,428
up €27,428 (+87.0%), from €31,533 to €58,962
mainly Investment in fixed assets (net) (+€1.2m) and Depreciation (+€14,647)
- Profit (loss) carried forward -€1.1m
down €1.1m, from €0 to -€1.1m
- Reserves -€70,215
down €70,215 (-15.9%), from €441,573 to €371,358
of which Distributable reserves: -€66,704
- Gross operating margin +€26,085
up €26,085, from -€1,465 to €24,620
- Depreciation +€14,382
up €14,382 (+5417.5%), from €265 to €14,647
- Financial income +€6,726
new in 2025: €6,726
- Other operating charges +€4,298
up €4,298 (+444.2%), from €968 to €5,265
- Taxes +€1,241
up €1,241, from €0 to €1,241
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 | €1,406,941 | €221,435 | -€1.2m | -84.3% |
| Formation expenses | 20 | €407 | €142 | -€265 | -65.2% |
| Fixed assets | 21/28 | €1,375,000 | €159,166 | -€1.2m | -88.4% |
| Tangible fixed assets | 22/27 | - | €159,166 | +€159,166 | |
| Land and buildings | 22 | - | €155,929 | +€155,929 | |
| Plant, machinery and equipment | 23 | - | €3,237 | +€3,237 | |
| Financial fixed assets | 28 | €1,375,000 | €0 | -€1.4m | -100.0% |
| Current assets | 29/58 | €31,533 | €62,126 | +€30,593 | +97.0% |
| Amounts receivable within one year | 40/41 | €0 | €2,700 | +€2,700 | |
| Other amounts receivable | 41 | €0 | €2,700 | +€2,700 | |
| Cash at bank and in hand | 54/58 | €31,533 | €58,962 | +€27,428 | +87.0% |
| Deferred charges and accrued income | 490/1 | - | €465 | +€465 | |
| Total equity and liabilities | 10/49 | €1,406,941 | €221,435 | -€1.2m | -84.3% |
| Equity | 10/15 | €1,406,800 | €211,919 | -€1.2m | -84.9% |
| Contributions | 10/11 | €965,227 | €965,227 | = | 0.0% |
| Reserves | 13 | €441,573 | €371,358 | -€70,215 | -15.9% |
| Non-distributable reserves | 130/1 | €36,563 | €33,052 | -€3,511 | -9.6% |
| Reserves not available under the articles | 1311 | €36,563 | €33,052 | -€3,511 | -9.6% |
| Tax-exempt reserves | 132 | €97 | €97 | = | 0.0% |
| Distributable reserves | 133 | €404,913 | €338,208 | -€66,704 | -16.5% |
| Profit (loss) carried forward | 14 | €0 | -€1,124,666 | -€1.1m | |
| Amounts payable | 17/49 | €141 | €9,515 | +€9,375 | +6672.6% |
| Amounts payable within one year | 42/48 | €141 | €7,503 | +€7,362 | +5240.2% |
| Trade debts | 44 | €0 | €605 | +€605 | |
| Suppliers | 440/4 | €0 | €605 | +€605 | |
| Other amounts payable | 47/48 | €141 | €6,898 | +€6,757 | +4809.6% |
| Accrued charges and deferred income | 492/3 | - | €2,013 | +€2,013 | |
| Non-recurring operating income | 76A | - | €3,997 | +€3,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €14,647 | +€14,382 | +5417.5% |
| Other operating charges | 640/8 | €968 | €5,265 | +€4,298 | +444.2% |
| Non-recurring operating charges | 66A | - | €1,134,060 | +€1.1m | |
| Gross operating margin | 9900 | -€1,465 | €24,620 | +€26,085 | |
| Operating profit (loss) | 9901 | -€2,697 | -€1,129,352 | -€1.1m | -41766.8% |
| Financial income | 75/76B | - | €6,726 | +€6,726 | |
| Recurring financial income | 75 | - | €6,726 | +€6,726 | |
| Financial charges | 65/66B | €223 | €799 | +€576 | +257.8% |
| Recurring financial charges | 65 | €223 | €799 | +€576 | +257.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,921 | -€1,123,425 | -€1.1m | -38363.4% |
| Income taxes | 67/77 | €0 | €1,241 | +€1,241 | |
| Profit (loss) for the period | 9904 | -€2,921 | -€1,124,666 | -€1.1m | -38405.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,921 | -€1,124,666 | -€1.1m | -38405.9% |
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 3 October 2026 via checked.be.