JODEMAT: 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.
JODEMAT
Largest movements
- Tangible fixed assets -€23,482
down €23,482 (-18.5%), from €126,656 to €103,174
of which Furniture and vehicles: -€12,660
- Cash +€16,344
up €16,344 (+18.0%), from €90,980 to €107,324
mainly Net result for the year (+€13,369) and Investment in fixed assets (net) (+€12,660)
- Receivables within one year +€8,965
up €8,965 (+161%), from €5,554 to €14,519
of which Other amounts receivable: +€8,965
- Current portion of long-term debt -€12,719
down €12,719 (-100%), from €12,719 to €0
- Reserves +€12,510
up €12,510 (+4.3%), from €288,481 to €300,991
of which Distributable reserves: +€12,510
- Gross operating margin +€16,122
up €16,122 (+148%), from €10,923 to €27,044
- Depreciation -€7,851
down €7,851 (-42.0%), from €18,674 to €10,823
- Taxes +€1,326
up €1,326 (+759%), from €175 to €1,500
- Financial income -€1,152
down €1,152 (-49.7%), from €2,319 to €1,167
of which Financial income: -€1,992
- Financial charges -€366
down €366 (-49.9%), from €734 to €368
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 | €523,783 | €524,361 | +€578 | +0.1% |
| Fixed assets | 21/28 | €423,168 | €399,686 | -€23,482 | -5.5% |
| Tangible fixed assets | 22/27 | €126,656 | €103,174 | -€23,482 | -18.5% |
| Land and buildings | 22 | €102,592 | €95,114 | -€7,478 | -7.3% |
| Plant, machinery and equipment | 23 | €254 | €14 | -€240 | -94.6% |
| Furniture and vehicles | 24 | €12,660 | €0 | -€12,660 | -100% |
| Other tangible fixed assets | 26 | €11,150 | €8,046 | -€3,105 | -27.8% |
| Financial fixed assets | 28 | €296,512 | €296,512 | = | 0.0% |
| Current assets | 29/58 | €100,614 | €124,675 | +€24,061 | +23.9% |
| Stocks and contracts in progress | 3 | €1,490 | €1,490 | = | 0.0% |
| Stocks | 30/36 | €1,490 | €1,490 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,554 | €14,519 | +€8,965 | +161% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,554 | €14,519 | +€8,965 | +161% |
| Cash at bank and in hand | 54/58 | €90,980 | €107,324 | +€16,344 | +18.0% |
| Deferred charges and accrued income | 490/1 | €2,591 | €1,343 | -€1,248 | -48.2% |
| Total equity and liabilities | 10/49 | €523,783 | €524,361 | +€578 | +0.1% |
| Equity | 10/15 | €508,481 | €520,991 | +€12,510 | +2.5% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €288,481 | €300,991 | +€12,510 | +4.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €288,481 | €300,991 | +€12,510 | +4.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,302 | €3,370 | -€11,932 | -78.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,302 | €3,370 | -€11,932 | -78.0% |
| Current portion of amounts payable after more than one year | 42 | €12,719 | €0 | -€12,719 | -100% |
| Trade debts | 44 | €2,408 | €1,011 | -€1,397 | -58.0% |
| Suppliers | 440/4 | €2,408 | €1,011 | -€1,397 | -58.0% |
| Taxes, remuneration and social security | 45 | €175 | €1,758 | +€1,583 | +907% |
| Taxes | 450/3 | €175 | €1,758 | +€1,583 | +907% |
| Other amounts payable | 47/48 | - | €601 | +€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,674 | €10,823 | -€7,851 | -42.0% |
| Other operating charges | 640/8 | €2,056 | €2,152 | +€96 | +4.6% |
| Non-recurring operating charges | 66A | €10,952 | €0 | -€10,952 | -100% |
| Gross operating margin | 9900 | €10,923 | €27,044 | +€16,122 | +148% |
| Operating profit (loss) | 9901 | -€20,759 | €14,070 | +€34,829 | |
| Financial income | 75/76B | €2,319 | €1,167 | -€1,152 | -49.7% |
| Recurring financial income | 75 | €2,319 | €327 | -€1,992 | -85.9% |
| Non-recurring financial income | 76B | €0 | €840 | +€840 | |
| Financial charges | 65/66B | €734 | €368 | -€366 | -49.9% |
| Recurring financial charges | 65 | €734 | €368 | -€366 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,175 | €14,869 | +€34,044 | |
| Income taxes | 67/77 | €175 | €1,500 | +€1,326 | +759% |
| Profit (loss) for the period | 9904 | -€19,349 | €13,369 | +€32,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,349 | €13,369 | +€32,718 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.