JoDha: 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.
JoDha
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€58,500
down €58,500 (-28.8%), from €202,967 to €144,467
mainly Current investments (-€100,000) and Debts after one year (-€10,136)
- Tangible fixed assets -€20,526
down €20,526 (-10.4%), from €197,769 to €177,244
- Profit (loss) carried forward +€23,826
up €23,826 (+15.4%), from €154,709 to €178,535
- Debts after one year -€10,136
down €10,136 (-6.5%), from €156,481 to €146,345
- Trade debts +€4,588
up €4,588 (+69.2%), from €6,629 to €11,217
- Gross operating margin -€2,462
down €2,462 (-4.2%), from €58,209 to €55,747
- Financial income +€2,114
up €2,114 (+3,068%), from €69 to €2,182
- Financial charges +€2,083
up €2,083 (+75.8%), from €2,747 to €4,830
- Taxes -€1,598
down €1,598 (-17.9%), from €8,932 to €7,334
- Depreciation -€916
down €916 (-4.3%), from €21,442 to €20,526
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 | €401,618 | €421,711 | +€20,093 | +5.0% |
| Fixed assets | 21/28 | €197,769 | €177,244 | -€20,526 | -10.4% |
| Tangible fixed assets | 22/27 | €197,769 | €177,244 | -€20,526 | -10.4% |
| Land and buildings | 22 | €175,128 | €166,194 | -€8,934 | -5.1% |
| Plant, machinery and equipment | 23 | €11,210 | €5,596 | -€5,614 | -50.1% |
| Furniture and vehicles | 24 | €11,431 | €5,454 | -€5,978 | -52.3% |
| Current assets | 29/58 | €203,849 | €244,467 | +€40,618 | +19.9% |
| Amounts receivable within one year | 40/41 | €882 | €0 | -€882 | -100% |
| Trade receivables | 40 | €882 | - | -€882 | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €202,967 | €144,467 | -€58,500 | -28.8% |
| Total equity and liabilities | 10/49 | €401,618 | €421,711 | +€20,093 | +5.0% |
| Equity | 10/15 | €222,501 | €246,327 | +€23,826 | +10.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €47,792 | €47,792 | = | 0.0% |
| Distributable reserves | 133 | €47,792 | €47,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,709 | €178,535 | +€23,826 | +15.4% |
| Amounts payable | 17/49 | €179,117 | €175,384 | -€3,733 | -2.1% |
| Amounts payable after more than one year | 17 | €156,481 | €146,345 | -€10,136 | -6.5% |
| Financial debts | 170/4 | €156,481 | €146,345 | -€10,136 | -6.5% |
| Amounts payable within one year | 42/48 | €21,605 | €29,040 | +€7,435 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | €9,987 | €10,136 | +€149 | +1.5% |
| Trade debts | 44 | €6,629 | €11,217 | +€4,588 | +69.2% |
| Suppliers | 440/4 | €6,629 | €11,217 | +€4,588 | +69.2% |
| Taxes, remuneration and social security | 45 | €1,819 | €1,833 | +€14 | +0.8% |
| Remuneration and social security | 454/9 | €1,819 | €1,833 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €3,170 | €5,854 | +€2,684 | +84.7% |
| Accrued charges and deferred income | 492/3 | €1,032 | - | -€1,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,442 | €20,526 | -€916 | -4.3% |
| Other operating charges | 640/8 | €842 | €1,415 | +€573 | +68.1% |
| Gross operating margin | 9900 | €58,209 | €55,747 | -€2,462 | -4.2% |
| Operating profit (loss) | 9901 | €35,926 | €33,807 | -€2,119 | -5.9% |
| Financial income | 75/76B | €69 | €2,182 | +€2,114 | +3,068% |
| Recurring financial income | 75 | €69 | €2,182 | +€2,114 | +3,068% |
| Financial charges | 65/66B | €2,747 | €4,830 | +€2,083 | +75.8% |
| Recurring financial charges | 65 | €2,747 | €4,830 | +€2,083 | +75.8% |
| Profit (loss) for the period before taxes | 9903 | €33,248 | €31,159 | -€2,088 | -6.3% |
| Income taxes | 67/77 | €8,932 | €7,334 | -€1,598 | -17.9% |
| Profit (loss) for the period | 9904 | €24,316 | €23,826 | -€490 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,316 | €23,826 | -€490 | -2.0% |
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 17 October 2026 via checked.be.