JODAN: 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.
JODAN
Largest movements
- Cash -€9,044
down €9,044 (-38.9%), from €23,277 to €14,233
mainly Contributions, distributions and other (-€6,332) and Receivables within one year (-€1,791)
- Receivables within one year +€1,791
up €1,791 (+28.3%), from €6,340 to €8,131
of which Other amounts receivable: +€1,228
- Tangible fixed assets -€672
down €672 (-45.1%), from €1,489 to €817
- Reserves -€6,332
down €6,332 (-22.9%), from €27,696 to €21,364
- Trade debts -€904
down €904 (-41.1%), from €2,196 to €1,293
- Tax, wage and social debts -€509
no longer reported in 2026 (was €509)
- Gross operating margin -€9,245
down €9,245 (-85.4%), from €10,830 to €1,584
- Taxes -€1,954
down €1,954 (-77.9%), from €2,509 to €555
- Other operating charges +€330
up €330 (+155%), from €214 to €544
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,401 | €23,502 | -€7,899 | -25.2% |
| Fixed assets | 21/28 | €1,534 | €862 | -€672 | -43.8% |
| Tangible fixed assets | 22/27 | €1,489 | €817 | -€672 | -45.1% |
| Plant, machinery and equipment | 23 | €1,489 | €817 | -€672 | -45.1% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €29,867 | €22,640 | -€7,227 | -24.2% |
| Amounts receivable within one year | 40/41 | €6,340 | €8,131 | +€1,791 | +28.3% |
| Trade receivables | 40 | €1,850 | €2,413 | +€563 | +30.5% |
| Other amounts receivable | 41 | €4,490 | €5,718 | +€1,228 | +27.3% |
| Cash at bank and in hand | 54/58 | €23,277 | €14,233 | -€9,044 | -38.9% |
| Deferred charges and accrued income | 490/1 | €250 | €277 | +€26 | +10.6% |
| Total equity and liabilities | 10/49 | €31,401 | €23,502 | -€7,899 | -25.2% |
| Equity | 10/15 | €28,696 | €22,209 | -€6,487 | -22.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,696 | €21,364 | -€6,332 | -22.9% |
| Distributable reserves | 133 | €27,696 | €21,364 | -€6,332 | -22.9% |
| Profit (loss) carried forward | 14 | - | -€155 | -€155 | |
| Amounts payable | 17/49 | €2,705 | €1,293 | -€1,412 | -52.2% |
| Amounts payable within one year | 42/48 | €2,705 | €1,293 | -€1,412 | -52.2% |
| Trade debts | 44 | €2,196 | €1,293 | -€904 | -41.1% |
| Suppliers | 440/4 | €2,196 | €1,293 | -€904 | -41.1% |
| Taxes, remuneration and social security | 45 | €509 | - | -€509 | |
| Taxes | 450/3 | €509 | - | -€509 | |
| Non-recurring operating income | 76A | €8,145 | - | -€8,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | €672 | +€71 | +11.9% |
| Other operating charges | 640/8 | €214 | €544 | +€330 | +155% |
| Gross operating margin | 9900 | €10,830 | €1,584 | -€9,245 | -85.4% |
| Operating profit (loss) | 9901 | €10,015 | €369 | -€9,647 | -96.3% |
| Financial income | 75/76B | €262 | €222 | -€41 | -15.5% |
| Recurring financial income | 75 | €262 | €222 | -€41 | -15.5% |
| Financial charges | 65/66B | €156 | €190 | +€34 | +21.8% |
| Recurring financial charges | 65 | €156 | €190 | +€34 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €10,122 | €400 | -€9,722 | -96.0% |
| Income taxes | 67/77 | €2,509 | €555 | -€1,954 | -77.9% |
| Profit (loss) for the period | 9904 | €7,613 | -€155 | -€7,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,613 | -€155 | -€7,768 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.