JODAT: 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.
JODAT
Largest movements
- Intangible fixed assets -€21,250
down €21,250 (-33.3%), from €63,750 to €42,500
- Tangible fixed assets -€20,982
down €20,982 (-23.7%), from €88,390 to €67,407
of which Other tangible fixed assets: -€12,909
- Deferred charges and accrued income -€9,021
down €9,021 (-94.9%), from €9,508 to €487
- Cash -€4,637
down €4,637 (-13.7%), from €33,887 to €29,250
mainly Net result for the year (-€29,145) and Debts after one year (-€24,572)
- Profit (loss) carried forward -€29,145
new in 2025: -€29,145
- Debts after one year -€24,572
down €24,572 (-100.0%), from €24,572 to €0
- Current portion of long-term debt -€10,506
down €10,506 (-28.0%), from €37,588 to €27,081
- Trade debts +€6,455
up €6,455 (+56.7%), from €11,387 to €17,841
- Tax, wage and social debts +€3,627
up €3,627 (+15.3%), from €23,676 to €27,303
of which Remuneration and social security: +€3,355
- Staff costs +€9,433
up €9,433 (+4.6%), from €205,862 to €215,295
- Gross operating margin -€4,117
down €4,117 (-1.7%), from €236,206 to €232,089
- Financial charges -€3,962
down €3,962 (-72.6%), from €5,457 to €1,495
- Other operating charges -€3,426
down €3,426 (-55.7%), from €6,156 to €2,730
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 | €227,998 | €172,737 | -€55,261 | -24.2% |
| Fixed assets | 21/28 | €162,933 | €121,401 | -€41,532 | -25.5% |
| Intangible fixed assets | 21 | €63,750 | €42,500 | -€21,250 | -33.3% |
| Tangible fixed assets | 22/27 | €88,390 | €67,407 | -€20,982 | -23.7% |
| Land and buildings | 22 | €2,257 | €2,012 | -€245 | -10.9% |
| Plant, machinery and equipment | 23 | €22,222 | €16,515 | -€5,707 | -25.7% |
| Furniture and vehicles | 24 | €7,332 | €5,211 | -€2,121 | -28.9% |
| Other tangible fixed assets | 26 | €56,579 | €43,669 | -€12,909 | -22.8% |
| Financial fixed assets | 28 | €10,794 | €11,494 | +€700 | +6.5% |
| Current assets | 29/58 | €65,064 | €51,336 | -€13,729 | -21.1% |
| Stocks and contracts in progress | 3 | €19,662 | €20,451 | +€789 | +4.0% |
| Stocks | 30/36 | €19,662 | €20,451 | +€789 | +4.0% |
| Amounts receivable within one year | 40/41 | €2,007 | €1,147 | -€860 | -42.8% |
| Trade receivables | 40 | €1,880 | €902 | -€978 | -52.0% |
| Other amounts receivable | 41 | €127 | €246 | +€118 | +92.9% |
| Cash at bank and in hand | 54/58 | €33,887 | €29,250 | -€4,637 | -13.7% |
| Deferred charges and accrued income | 490/1 | €9,508 | €487 | -€9,021 | -94.9% |
| Total equity and liabilities | 10/49 | €227,998 | €172,737 | -€55,261 | -24.2% |
| Equity | 10/15 | €85,030 | €55,885 | -€29,145 | -34.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,430 | €66,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,236 | €1,236 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,236 | €0 | -€1,236 | -100.0% |
| Other | 1319 | - | €1,236 | +€1,236 | |
| Distributable reserves | 133 | €65,193 | €65,193 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,145 | -€29,145 | |
| Amounts payable | 17/49 | €142,968 | €116,852 | -€26,116 | -18.3% |
| Amounts payable after more than one year | 17 | €24,572 | €0 | -€24,572 | -100.0% |
| Other amounts payable | 178/9 | €24,572 | €0 | -€24,572 | -100.0% |
| Amounts payable within one year | 42/48 | €118,396 | €116,852 | -€1,543 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €37,588 | €27,081 | -€10,506 | -28.0% |
| Trade debts | 44 | €11,387 | €17,841 | +€6,455 | +56.7% |
| Suppliers | 440/4 | €11,387 | €17,841 | +€6,455 | +56.7% |
| Taxes, remuneration and social security | 45 | €23,676 | €27,303 | +€3,627 | +15.3% |
| Taxes | 450/3 | €11,021 | €11,293 | +€272 | +2.5% |
| Remuneration and social security | 454/9 | €12,655 | €16,010 | +€3,355 | +26.5% |
| Other amounts payable | 47/48 | €45,745 | €44,626 | -€1,119 | -2.4% |
| Remuneration, social security and pensions | 62 | €205,862 | €215,295 | +€9,433 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,900 | €42,232 | +€332 | +0.8% |
| Other operating charges | 640/8 | €6,156 | €2,730 | -€3,426 | -55.7% |
| Gross operating margin | 9900 | €236,206 | €232,089 | -€4,117 | -1.7% |
| Operating profit (loss) | 9901 | -€17,712 | -€28,169 | -€10,457 | -59.0% |
| Financial income | 75/76B | €36 | €519 | +€482 | +1335.0% |
| Recurring financial income | 75 | €36 | €519 | +€482 | +1335.0% |
| Financial charges | 65/66B | €5,457 | €1,495 | -€3,962 | -72.6% |
| Recurring financial charges | 65 | €5,457 | €1,495 | -€3,962 | -72.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,133 | -€29,145 | -€6,012 | -26.0% |
| Profit (loss) for the period | 9904 | -€23,133 | -€29,145 | -€6,012 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,133 | -€29,145 | -€6,012 | -26.0% |
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 12 October 2026 via checked.be.