JODECKO: 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.
JODECKO
Largest movements
- Cash +€34,076
up €34,076 (+23.3%), from €146,523 to €180,600
mainly Net result for the year (+€47,987) and Receivables within one year (+€12,347)
- Receivables within one year -€12,347
down €12,347 (-41.4%), from €29,847 to €17,499
of which Trade receivables: -€15,444
- Tangible fixed assets -€3,847
down €3,847 (-24.1%), from €15,983 to €12,136
of which Furniture and vehicles: -€3,698
- Reserves +€47,987
up €47,987 (+31.4%), from €152,917 to €200,904
- Other debts -€27,340
no longer reported in 2025 (was €27,340)
- Gross operating margin -€9,216
down €9,216 (-11.5%), from €80,306 to €71,090
- Taxes +€2,033
up €2,033 (+12.2%), from €16,626 to €18,659
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 | €194,670 | €214,135 | +€19,465 | +10.0% |
| Fixed assets | 21/28 | €17,933 | €14,086 | -€3,847 | -21.5% |
| Tangible fixed assets | 22/27 | €15,983 | €12,136 | -€3,847 | -24.1% |
| Plant, machinery and equipment | 23 | €854 | €706 | -€149 | -17.4% |
| Furniture and vehicles | 24 | €15,128 | €11,430 | -€3,698 | -24.4% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €176,737 | €200,049 | +€23,311 | +13.2% |
| Amounts receivable within one year | 40/41 | €29,847 | €17,499 | -€12,347 | -41.4% |
| Trade receivables | 40 | €16,347 | €903 | -€15,444 | -94.5% |
| Other amounts receivable | 41 | €13,500 | €16,597 | +€3,097 | +22.9% |
| Cash at bank and in hand | 54/58 | €146,523 | €180,600 | +€34,076 | +23.3% |
| Deferred charges and accrued income | 490/1 | €368 | €1,950 | +€1,582 | +431% |
| Total equity and liabilities | 10/49 | €194,670 | €214,135 | +€19,465 | +10.0% |
| Equity | 10/15 | €157,917 | €205,904 | +€47,987 | +30.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €152,917 | €200,904 | +€47,987 | +31.4% |
| Distributable reserves | 133 | €152,917 | €200,904 | +€47,987 | +31.4% |
| Amounts payable | 17/49 | €36,753 | €8,231 | -€28,522 | -77.6% |
| Amounts payable within one year | 42/48 | €36,753 | €8,231 | -€28,522 | -77.6% |
| Trade debts | 44 | €1,169 | €1,259 | +€89 | +7.6% |
| Suppliers | 440/4 | €1,169 | €1,259 | +€89 | +7.6% |
| Taxes, remuneration and social security | 45 | €8,244 | €6,972 | -€1,272 | -15.4% |
| Taxes | 450/3 | €8,244 | €6,972 | -€1,272 | -15.4% |
| Other amounts payable | 47/48 | €27,340 | - | -€27,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,968 | €3,847 | -€122 | -3.1% |
| Other operating charges | 640/8 | €1,310 | €1,409 | +€100 | +7.6% |
| Gross operating margin | 9900 | €80,306 | €71,090 | -€9,216 | -11.5% |
| Operating profit (loss) | 9901 | €75,028 | €65,834 | -€9,194 | -12.3% |
| Financial income | 75/76B | €419 | €962 | +€543 | +129% |
| Recurring financial income | 75 | €419 | €962 | +€543 | +129% |
| Financial charges | 65/66B | €134 | €150 | +€16 | +11.8% |
| Recurring financial charges | 65 | €134 | €150 | +€16 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €75,313 | €66,646 | -€8,667 | -11.5% |
| Income taxes | 67/77 | €16,626 | €18,659 | +€2,033 | +12.2% |
| Profit (loss) for the period | 9904 | €58,687 | €47,987 | -€10,700 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,687 | €47,987 | -€10,700 | -18.2% |
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 22 October 2026 via checked.be.