JODIFROST: 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.
JODIFROST
Largest movements
- Cash +€936,052
up €936,052 (+203.1%), from €460,901 to €1.4m
mainly Current investments (+€800,000) and Trade debts (+€559,236)
- Current investments -€800,000
no longer reported in 2025 (was €800,000)
- Receivables within one year +€694,858
up €694,858 (+103.5%), from €671,324 to €1.4m
of which Trade receivables: +€695,438
- Stocks and contracts -€190,573
down €190,573 (-76.6%), from €248,863 to €58,290
- Tangible fixed assets +€40,140
up €40,140 (+4.0%), from €1.0m to €1.1m
of which Plant, machinery and equipment: +€57,570
- Trade debts +€559,236
up €559,236 (+146.4%), from €381,878 to €941,114
- Reserves +€180,626
up €180,626 (+7.7%), from €2.3m to €2.5m
of which Distributable reserves: +€180,626
- Accrued charges and deferred income -€84,906
down €84,906 (-76.3%), from €111,331 to €26,425
- Financial charges +€42,844
up €42,844 (+293.0%), from €14,623 to €57,467
- Taxes +€24,626
up €24,626 (+16.0%), from €153,743 to €178,369
- Staff costs +€16,472
up €16,472 (+2.5%), from €651,295 to €667,767
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 | €3,304,548 | €3,984,319 | +€679,771 | +20.6% |
| Fixed assets | 21/28 | €1,095,795 | €1,135,935 | +€40,140 | +3.7% |
| Tangible fixed assets | 22/27 | €1,010,044 | €1,050,185 | +€40,140 | +4.0% |
| Land and buildings | 22 | €944,713 | €935,910 | -€8,803 | -0.9% |
| Plant, machinery and equipment | 23 | €46,212 | €103,782 | +€57,570 | +124.6% |
| Furniture and vehicles | 24 | €19,119 | €10,492 | -€8,627 | -45.1% |
| Financial fixed assets | 28 | €85,751 | €85,751 | = | 0.0% |
| Current assets | 29/58 | €2,208,753 | €2,848,383 | +€639,631 | +29.0% |
| Stocks and contracts in progress | 3 | €248,863 | €58,290 | -€190,573 | -76.6% |
| Stocks | 30/36 | €248,863 | €58,290 | -€190,573 | -76.6% |
| Amounts receivable within one year | 40/41 | €671,324 | €1,366,182 | +€694,858 | +103.5% |
| Trade receivables | 40 | €670,744 | €1,366,182 | +€695,438 | +103.7% |
| Other amounts receivable | 41 | €580 | - | -€580 | |
| Current investments | 50/53 | €800,000 | - | -€800,000 | |
| Cash at bank and in hand | 54/58 | €460,901 | €1,396,953 | +€936,052 | +203.1% |
| Deferred charges and accrued income | 490/1 | €27,665 | €26,959 | -€706 | -2.6% |
| Total equity and liabilities | 10/49 | €3,304,548 | €3,984,319 | +€679,771 | +20.6% |
| Equity | 10/15 | €2,407,250 | €2,587,875 | +€180,626 | +7.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,345,250 | €2,525,875 | +€180,626 | +7.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,339,050 | €2,519,675 | +€180,626 | +7.7% |
| Amounts payable | 17/49 | €897,298 | €1,396,443 | +€499,145 | +55.6% |
| Amounts payable within one year | 42/48 | €785,967 | €1,370,019 | +€584,052 | +74.3% |
| Current portion of amounts payable after more than one year | 42 | €7,285 | - | -€7,285 | |
| Trade debts | 44 | €381,878 | €941,114 | +€559,236 | +146.4% |
| Suppliers | 440/4 | €381,878 | €941,114 | +€559,236 | +146.4% |
| Taxes, remuneration and social security | 45 | €195,290 | €227,374 | +€32,083 | +16.4% |
| Taxes | 450/3 | €117,104 | €140,859 | +€23,754 | +20.3% |
| Remuneration and social security | 454/9 | €78,186 | €86,515 | +€8,329 | +10.7% |
| Other amounts payable | 47/48 | €201,514 | €201,532 | +€18 | 0.0% |
| Accrued charges and deferred income | 492/3 | €111,331 | €26,425 | -€84,906 | -76.3% |
| Remuneration, social security and pensions | 62 | €651,295 | €667,767 | +€16,472 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,251 | €54,360 | +€5,109 | +10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €439 | +€439 | |
| Other operating charges | 640/8 | €54,231 | €42,533 | -€11,698 | -21.6% |
| Gross operating margin | 9900 | €1,344,513 | €1,348,842 | +€4,329 | +0.3% |
| Operating profit (loss) | 9901 | €589,736 | €583,744 | -€5,993 | -1.0% |
| Financial income | 75/76B | €25,102 | €32,717 | +€7,615 | +30.3% |
| Recurring financial income | 75 | €25,102 | €32,717 | +€7,615 | +30.3% |
| Financial charges | 65/66B | €14,623 | €57,467 | +€42,844 | +293.0% |
| Recurring financial charges | 65 | €14,623 | €57,467 | +€42,844 | +293.0% |
| Profit (loss) for the period before taxes | 9903 | €600,215 | €558,994 | -€41,221 | -6.9% |
| Income taxes | 67/77 | €153,743 | €178,369 | +€24,626 | +16.0% |
| Profit (loss) for the period | 9904 | €446,472 | €380,626 | -€65,846 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €446,472 | €380,626 | -€65,846 | -14.7% |
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 8 October 2026 via checked.be.