JODEFIN: 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.
JODEFIN
Largest movements
- Cash -€15,069
down €15,069 (-17.7%), from €85,141 to €70,072
mainly Contributions, distributions and other (-€73,614) and Investment in fixed assets (net) (-€13,034)
- Tangible fixed assets +€11,049
up €11,049, from €0 to €11,049
of which Leasing and similar rights: +€11,049
- Other debts -€2,300
down €2,300 (-2.4%), from €95,462 to €93,162
- Trade debts +€1,862
up €1,862 (+72.1%), from €2,584 to €4,445
- Reserves -€1,860
down €1,860 (-100.0%), from €1,860 to €0
of which Distributable reserves: -€1,860
- Gross operating margin -€7,691
down €7,691 (-7.5%), from €103,107 to €95,417
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 | €135,154 | €132,298 | -€2,856 | -2.1% |
| Fixed assets | 21/28 | €0 | €11,049 | +€11,049 | |
| Tangible fixed assets | 22/27 | €0 | €11,049 | +€11,049 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | - | €11,049 | +€11,049 | |
| Current assets | 29/58 | €135,154 | €121,250 | -€13,904 | -10.3% |
| Amounts receivable within one year | 40/41 | €48,529 | €49,635 | +€1,106 | +2.3% |
| Trade receivables | 40 | €48,529 | €49,635 | +€1,106 | +2.3% |
| Cash at bank and in hand | 54/58 | €85,141 | €70,072 | -€15,069 | -17.7% |
| Deferred charges and accrued income | 490/1 | €1,485 | €1,543 | +€58 | +3.9% |
| Total equity and liabilities | 10/49 | €135,154 | €132,298 | -€2,856 | -2.1% |
| Equity | 10/15 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,694 | €113,698 | -€996 | -0.9% |
| Amounts payable within one year | 42/48 | €114,394 | €113,323 | -€1,071 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,584 | €4,445 | +€1,862 | +72.1% |
| Suppliers | 440/4 | €2,584 | €4,445 | +€1,862 | +72.1% |
| Taxes, remuneration and social security | 45 | €16,348 | €15,716 | -€633 | -3.9% |
| Taxes | 450/3 | €13,558 | €12,766 | -€793 | -5.8% |
| Remuneration and social security | 454/9 | €2,790 | €2,950 | +€160 | +5.7% |
| Other amounts payable | 47/48 | €95,462 | €93,162 | -€2,300 | -2.4% |
| Accrued charges and deferred income | 492/3 | €300 | €375 | +€75 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,700 | €1,985 | -€715 | -26.5% |
| Other operating charges | 640/8 | €1,325 | €1,430 | +€105 | +8.0% |
| Gross operating margin | 9900 | €103,107 | €95,417 | -€7,691 | -7.5% |
| Operating profit (loss) | 9901 | €99,083 | €92,001 | -€7,081 | -7.1% |
| Financial charges | 65/66B | €981 | €1,320 | +€339 | +34.6% |
| Recurring financial charges | 65 | €981 | €1,320 | +€339 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €98,102 | €90,681 | -€7,420 | -7.6% |
| Income taxes | 67/77 | €18,840 | €18,927 | +€87 | +0.5% |
| Profit (loss) for the period | 9904 | €79,261 | €71,754 | -€7,507 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,261 | €71,754 | -€7,507 | -9.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.