JODVED: 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.
JODVED
Largest movements
- Tangible fixed assets -€33,112
down €33,112 (-9.9%), from €334,540 to €301,428
- Cash -€5,567
down €5,567 (-8.5%), from €65,423 to €59,856
mainly Contributions, distributions and other (-€43,916) and Trade debts (-€29,411)
- Other debts +€43,496
up €43,496 (+622%), from €6,998 to €50,494
- Reserves -€35,615
down €35,615 (-14.5%), from €246,342 to €210,727
of which Distributable reserves: -€35,615
- Trade debts -€29,411
down €29,411 (-95.5%), from €30,792 to €1,381
- Debts after one year -€12,500
down €12,500 (-12.8%), from €97,500 to €85,000
- Gross operating margin +€4,470
up €4,470 (+10.3%), from €43,435 to €47,904
- Depreciation +€2,667
up €2,667 (+8.8%), from €30,446 to €33,112
- Financial charges -€1,228
down €1,228 (-39.9%), from €3,080 to €1,852
- Taxes +€669
up €669 (+20.2%), from €3,308 to €3,978
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 | €413,880 | €375,937 | -€37,943 | -9.2% |
| Fixed assets | 21/28 | €334,540 | €301,428 | -€33,112 | -9.9% |
| Tangible fixed assets | 22/27 | €334,540 | €301,428 | -€33,112 | -9.9% |
| Land and buildings | 22 | €234,984 | €224,333 | -€10,651 | -4.5% |
| Plant, machinery and equipment | 23 | €36,562 | €31,842 | -€4,719 | -12.9% |
| Furniture and vehicles | 24 | €9,184 | €6,997 | -€2,187 | -23.8% |
| Other tangible fixed assets | 26 | €53,811 | €38,256 | -€15,555 | -28.9% |
| Current assets | 29/58 | €79,340 | €74,510 | -€4,830 | -6.1% |
| Stocks and contracts in progress | 3 | €12,466 | €12,722 | +€256 | +2.1% |
| Stocks | 30/36 | €12,466 | €12,722 | +€256 | +2.1% |
| Amounts receivable within one year | 40/41 | €100 | €1,022 | +€922 | +922% |
| Other amounts receivable | 41 | €100 | €1,022 | +€922 | +922% |
| Cash at bank and in hand | 54/58 | €65,423 | €59,856 | -€5,567 | -8.5% |
| Deferred charges and accrued income | 490/1 | €1,351 | €910 | -€441 | -32.6% |
| Total equity and liabilities | 10/49 | €413,880 | €375,937 | -€37,943 | -9.2% |
| Equity | 10/15 | €252,542 | €216,927 | -€35,615 | -14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €246,342 | €210,727 | -€35,615 | -14.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €246,342 | €210,727 | -€35,615 | -14.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €161,338 | €159,011 | -€2,328 | -1.4% |
| Amounts payable after more than one year | 17 | €97,500 | €85,000 | -€12,500 | -12.8% |
| Financial debts | 170/4 | €97,500 | €85,000 | -€12,500 | -12.8% |
| Amounts payable within one year | 42/48 | €63,664 | €73,869 | +€10,205 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €12,500 | = | 0.0% |
| Trade debts | 44 | €30,792 | €1,381 | -€29,411 | -95.5% |
| Suppliers | 440/4 | €30,792 | €1,381 | -€29,411 | -95.5% |
| Taxes, remuneration and social security | 45 | €13,374 | €9,494 | -€3,880 | -29.0% |
| Taxes | 450/3 | €10,411 | €7,540 | -€2,871 | -27.6% |
| Remuneration and social security | 454/9 | €2,963 | €1,953 | -€1,010 | -34.1% |
| Other amounts payable | 47/48 | €6,998 | €50,494 | +€43,496 | +622% |
| Accrued charges and deferred income | 492/3 | €174 | €141 | -€33 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,446 | €33,112 | +€2,667 | +8.8% |
| Other operating charges | 640/8 | €751 | €661 | -€91 | -12.1% |
| Non-recurring operating charges | 66A | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €43,435 | €47,904 | +€4,470 | +10.3% |
| Operating profit (loss) | 9901 | €12,188 | €14,131 | +€1,944 | +15.9% |
| Financial charges | 65/66B | €3,080 | €1,852 | -€1,228 | -39.9% |
| Recurring financial charges | 65 | €3,080 | €1,852 | -€1,228 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €9,107 | €12,279 | +€3,172 | +34.8% |
| Income taxes | 67/77 | €3,308 | €3,978 | +€669 | +20.2% |
| Profit (loss) for the period | 9904 | €5,799 | €8,301 | +€2,502 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,799 | €8,301 | +€2,502 | +43.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.