JoDa Sign: 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.
JoDa Sign
Largest movements
- Tangible fixed assets +€28,171
up €28,171 (+7.4%), from €378,608 to €406,779
of which Leasing and similar rights: +€36,288
- Receivables within one year -€26,960
down €26,960 (-38.3%), from €70,330 to €43,370
of which Trade receivables: -€25,740
- Stocks and contracts +€18,187
up €18,187 (+24.5%), from €74,370 to €92,557
- Cash -€9,791
down €9,791 (-78.6%), from €12,449 to €2,658
mainly Investment in fixed assets (net) (-€80,796) and Net result for the year (-€34,147)
- Short-term financial debts +€34,800
new in 2025: €34,800
- Profit (loss) carried forward -€34,147
down €34,147 (-28.5%), from €119,811 to €85,664
- Trade debts +€13,507
up €13,507 (+24.9%), from €54,188 to €67,696
- Current portion of long-term debt +€7,083
up €7,083 (+26.4%), from €26,840 to €33,923
- Other debts -€6,229
down €6,229 (-37.2%), from €16,760 to €10,531
- Staff costs +€139,616
up €139,616 (+91.7%), from €152,271 to €291,887
- Gross operating margin +€70,551
up €70,551 (+27.1%), from €260,706 to €331,256
- Taxes -€16,020
down €16,020 (-99.0%), from €16,189 to €169
- Depreciation +€11,224
up €11,224 (+28.3%), from €39,725 to €50,949
- Other operating charges +€3,663
up €3,663 (+346%), from €1,060 to €4,723
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 | €565,945 | €575,814 | +€9,869 | +1.7% |
| Fixed assets | 21/28 | €404,153 | €434,000 | +€29,847 | +7.4% |
| Intangible fixed assets | 21 | €24,195 | €27,070 | +€2,876 | +11.9% |
| Tangible fixed assets | 22/27 | €378,608 | €406,779 | +€28,171 | +7.4% |
| Land and buildings | 22 | €286,237 | €295,245 | +€9,009 | +3.1% |
| Plant, machinery and equipment | 23 | €74,337 | €62,455 | -€11,882 | -16.0% |
| Furniture and vehicles | 24 | €18,035 | €12,791 | -€5,243 | -29.1% |
| Leasing and similar rights | 25 | - | €36,288 | +€36,288 | |
| Financial fixed assets | 28 | €1,350 | €150 | -€1,200 | -88.9% |
| Current assets | 29/58 | €161,792 | €141,814 | -€19,978 | -12.3% |
| Stocks and contracts in progress | 3 | €74,370 | €92,557 | +€18,187 | +24.5% |
| Stocks | 30/36 | €74,370 | €92,557 | +€18,187 | +24.5% |
| Amounts receivable within one year | 40/41 | €70,330 | €43,370 | -€26,960 | -38.3% |
| Trade receivables | 40 | €66,940 | €41,200 | -€25,740 | -38.5% |
| Other amounts receivable | 41 | €3,390 | €2,170 | -€1,220 | -36.0% |
| Cash at bank and in hand | 54/58 | €12,449 | €2,658 | -€9,791 | -78.6% |
| Deferred charges and accrued income | 490/1 | €4,643 | €3,229 | -€1,414 | -30.5% |
| Total equity and liabilities | 10/49 | €565,945 | €575,814 | +€9,869 | +1.7% |
| Equity | 10/15 | €122,311 | €88,164 | -€34,147 | -27.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,811 | €85,664 | -€34,147 | -28.5% |
| Amounts payable | 17/49 | €443,634 | €487,650 | +€44,016 | +9.9% |
| Amounts payable after more than one year | 17 | €278,227 | €280,132 | +€1,905 | +0.7% |
| Financial debts | 170/4 | €278,227 | €280,132 | +€1,905 | +0.7% |
| Amounts payable within one year | 42/48 | €165,407 | €207,518 | +€42,111 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €26,840 | €33,923 | +€7,083 | +26.4% |
| Financial debts | 43 | - | €34,800 | +€34,800 | |
| Credit institutions | 430/8 | - | €34,800 | +€34,800 | |
| Trade debts | 44 | €54,188 | €67,696 | +€13,507 | +24.9% |
| Suppliers | 440/4 | €54,188 | €67,696 | +€13,507 | +24.9% |
| Advances received on contracts in progress | 46 | €2,797 | €509 | -€2,287 | -81.8% |
| Taxes, remuneration and social security | 45 | €64,823 | €60,059 | -€4,763 | -7.3% |
| Taxes | 450/3 | €40,839 | €27,961 | -€12,878 | -31.5% |
| Remuneration and social security | 454/9 | €23,983 | €32,098 | +€8,115 | +33.8% |
| Other amounts payable | 47/48 | €16,760 | €10,531 | -€6,229 | -37.2% |
| Non-recurring operating income | 76A | €4,911 | €0 | -€4,911 | -100% |
| Remuneration, social security and pensions | 62 | €152,271 | €291,887 | +€139,616 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,725 | €50,949 | +€11,224 | +28.3% |
| Other operating charges | 640/8 | €1,060 | €4,723 | +€3,663 | +346% |
| Non-recurring operating charges | 66A | €140 | €88 | -€52 | -37.0% |
| Gross operating margin | 9900 | €260,706 | €331,256 | +€70,551 | +27.1% |
| Operating profit (loss) | 9901 | €67,510 | -€16,391 | -€83,900 | |
| Financial income | 75/76B | €1,357 | €209 | -€1,148 | -84.6% |
| Recurring financial income | 75 | €1,357 | €209 | -€1,148 | -84.6% |
| Financial charges | 65/66B | €15,239 | €17,797 | +€2,558 | +16.8% |
| Recurring financial charges | 65 | €15,239 | €17,797 | +€2,558 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €53,628 | -€33,978 | -€87,606 | |
| Income taxes | 67/77 | €16,189 | €169 | -€16,020 | -99.0% |
| Profit (loss) for the period | 9904 | €37,439 | -€34,147 | -€71,586 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,439 | -€34,147 | -€71,586 |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.