JODEMAR: 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.
JODEMAR
Largest movements
- Stocks and contracts -€773,754
down €773,754 (-59.1%), from €1.3m to €535,991
- Cash +€305,050
up €305,050 (+869.5%), from €35,082 to €340,132
mainly Stocks and contracts (+€773,754) and Net result for the year (+€272,252)
- Receivables within one year -€40,093
down €40,093 (-99.2%), from €40,414 to €320
of which Trade receivables: -€29,130
- Advances received -€909,500
down €909,500 (-76.2%), from €1.2m to €284,250
- Other debts +€150,000
new in 2025: €150,000
- Debts after one year +€105,000
up €105,000 (+109.6%), from €95,767 to €200,767
- Reserves +€99,784
new in 2025: €99,784
- Profit (loss) carried forward +€22,469
no longer reported in 2025 (was -€22,469)
- Gross operating margin +€316,854
up €316,854, from -€5,809 to €311,045
- Taxes +€28,548
new in 2025: €28,548
- Financial charges -€13,369
down €13,369 (-56.7%), from €23,587 to €10,218
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 | €1,385,241 | €876,444 | -€508,798 | -36.7% |
| Current assets | 29/58 | €1,385,241 | €876,444 | -€508,798 | -36.7% |
| Stocks and contracts in progress | 3 | €1,309,745 | €535,991 | -€773,754 | -59.1% |
| Stocks | 30/36 | €1,309,745 | €535,991 | -€773,754 | -59.1% |
| Amounts receivable within one year | 40/41 | €40,414 | €320 | -€40,093 | -99.2% |
| Trade receivables | 40 | €29,450 | €320 | -€29,130 | -98.9% |
| Other amounts receivable | 41 | €10,964 | - | -€10,964 | |
| Cash at bank and in hand | 54/58 | €35,082 | €340,132 | +€305,050 | +869.5% |
| Total equity and liabilities | 10/49 | €1,385,241 | €876,444 | -€508,798 | -36.7% |
| Equity | 10/15 | €77,531 | €199,784 | +€122,252 | +157.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €99,784 | +€99,784 | |
| Distributable reserves | 133 | - | €99,784 | +€99,784 | |
| Profit (loss) carried forward | 14 | -€22,469 | - | +€22,469 | |
| Amounts payable | 17/49 | €1,307,710 | €676,660 | -€631,050 | -48.3% |
| Amounts payable after more than one year | 17 | €95,767 | €200,767 | +€105,000 | +109.6% |
| Other amounts payable | 178/9 | €95,767 | €200,767 | +€105,000 | +109.6% |
| Amounts payable within one year | 42/48 | €1,211,943 | €472,353 | -€739,590 | -61.0% |
| Trade debts | 44 | €17,947 | €21,683 | +€3,736 | +20.8% |
| Suppliers | 440/4 | €17,947 | €21,683 | +€3,736 | +20.8% |
| Advances received on contracts in progress | 46 | €1,193,750 | €284,250 | -€909,500 | -76.2% |
| Taxes, remuneration and social security | 45 | €246 | €16,420 | +€16,174 | +6582.8% |
| Taxes | 450/3 | €246 | €16,420 | +€16,174 | +6582.8% |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Accrued charges and deferred income | 492/3 | - | €3,540 | +€3,540 | |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | -€5,809 | €311,045 | +€316,854 | |
| Operating profit (loss) | 9901 | -€5,809 | €310,919 | +€316,728 | |
| Financial income | 75/76B | €501 | €100 | -€401 | -80.1% |
| Recurring financial income | 75 | €501 | €100 | -€401 | -80.1% |
| Financial charges | 65/66B | €23,587 | €10,218 | -€13,369 | -56.7% |
| Recurring financial charges | 65 | €23,587 | €10,218 | -€13,369 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,895 | €300,800 | +€329,695 | |
| Income taxes | 67/77 | - | €28,548 | +€28,548 | |
| Profit (loss) for the period | 9904 | -€28,895 | €272,252 | +€301,147 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,895 | €272,252 | +€301,147 |
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 2 October 2026 via checked.be.