JODE: 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.
JODE
Largest movements
- Tangible fixed assets -€18,941
down €18,941 (-8.7%), from €218,720 to €199,779
of which Furniture and vehicles: -€12,128
- Cash -€8,775
down €8,775 (-97.5%), from €9,000 to €225
mainly Net result for the year (-€39,997) and Debts after one year (-€16,485)
- Profit (loss) carried forward -€39,997
down €39,997 (-51.6%), from -€77,543 to -€117,540
- Other debts +€27,657
up €27,657 (+45.5%), from €60,842 to €88,499
- Debts after one year -€16,485
down €16,485 (-21.1%), from €78,250 to €61,765
- Trade debts +€2,353
up €2,353 (+256.7%), from €917 to €3,270
- Gross operating margin -€38,219
down €38,219, from €24,406 to -€13,813
- Depreciation +€6,978
up €6,978 (+58.3%), from €11,963 to €18,941
- Other operating charges -€1,704
down €1,704 (-45.5%), from €3,741 to €2,038
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 | €229,085 | €201,054 | -€28,031 | -12.2% |
| Fixed assets | 21/28 | €218,720 | €199,779 | -€18,941 | -8.7% |
| Tangible fixed assets | 22/27 | €218,720 | €199,779 | -€18,941 | -8.7% |
| Land and buildings | 22 | €177,246 | €170,725 | -€6,521 | -3.7% |
| Plant, machinery and equipment | 23 | €493 | €202 | -€292 | -59.1% |
| Furniture and vehicles | 24 | €40,981 | €28,853 | -€12,128 | -29.6% |
| Current assets | 29/58 | €10,365 | €1,275 | -€9,090 | -87.7% |
| Cash at bank and in hand | 54/58 | €9,000 | €225 | -€8,775 | -97.5% |
| Deferred charges and accrued income | 490/1 | €1,365 | €1,050 | -€315 | -23.1% |
| Total equity and liabilities | 10/49 | €229,085 | €201,054 | -€28,031 | -12.2% |
| Equity | 10/15 | €67,652 | €27,655 | -€39,997 | -59.1% |
| Contributions | 10/11 | €33,428 | €33,428 | = | 0.0% |
| Revaluation surpluses | 12 | €100,207 | €100,207 | = | 0.0% |
| Reserves | 13 | €11,559 | €11,559 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,200 | €7,200 | = | 0.0% |
| Distributable reserves | 133 | €4,359 | €4,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,543 | -€117,540 | -€39,997 | -51.6% |
| Amounts payable | 17/49 | €161,433 | €173,399 | +€11,966 | +7.4% |
| Amounts payable after more than one year | 17 | €78,250 | €61,765 | -€16,485 | -21.1% |
| Financial debts | 170/4 | €78,250 | €61,765 | -€16,485 | -21.1% |
| Amounts payable within one year | 42/48 | €82,523 | €110,974 | +€28,451 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | €16,064 | €16,485 | +€421 | +2.6% |
| Financial debts | 43 | €985 | €575 | -€409 | -41.6% |
| Credit institutions | 430/8 | €985 | €575 | -€409 | -41.6% |
| Trade debts | 44 | €917 | €3,270 | +€2,353 | +256.7% |
| Suppliers | 440/4 | €917 | €3,270 | +€2,353 | +256.7% |
| Taxes, remuneration and social security | 45 | €3,715 | €2,145 | -€1,570 | -42.3% |
| Taxes | 450/3 | €3,715 | €2,145 | -€1,570 | -42.3% |
| Other amounts payable | 47/48 | €60,842 | €88,499 | +€27,657 | +45.5% |
| Accrued charges and deferred income | 492/3 | €660 | €660 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,963 | €18,941 | +€6,978 | +58.3% |
| Other operating charges | 640/8 | €3,741 | €2,038 | -€1,704 | -45.5% |
| Gross operating margin | 9900 | €24,406 | -€13,813 | -€38,219 | |
| Operating profit (loss) | 9901 | €8,702 | -€34,792 | -€43,493 | |
| Financial income | 75/76B | €6 | €100 | +€95 | +1713.0% |
| Recurring financial income | 75 | €6 | €100 | +€95 | +1713.0% |
| Financial charges | 65/66B | €5,499 | €5,272 | -€227 | -4.1% |
| Recurring financial charges | 65 | €5,499 | €5,272 | -€227 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €3,208 | -€39,963 | -€43,171 | |
| Income taxes | 67/77 | €183 | €34 | -€149 | -81.5% |
| Profit (loss) for the period | 9904 | €3,025 | -€39,997 | -€43,022 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,025 | -€39,997 | -€43,022 |
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 5 October 2026 via checked.be.