JODY LO: 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.
JODY LO
Largest movements
- Receivables within one year +€40,745
up €40,745 (+227%), from €17,987 to €58,732
of which Trade receivables: +€42,247
- Stocks and contracts -€4,776
down €4,776 (-43.9%), from €10,868 to €6,092
- Deferred charges and accrued income +€893
new in 2025: €893
- Advances received +€49,489
up €49,489 (+1,398%), from €3,539 to €53,028
- Profit (loss) carried forward -€29,373
down €29,373 (-14.3%), from -€205,986 to -€235,359
- Short-term financial debts +€9,847
up €9,847 (+22.4%), from €43,866 to €53,712
- Trade debts +€9,060
up €9,060 (+45.8%), from €19,779 to €28,839
- Other debts -€2,524
down €2,524 (-79.0%), from €3,194 to €670
- Gross operating margin -€50,685
down €50,685 (-91.6%), from €55,304 to €4,619
- Staff costs -€17,734
down €17,734 (-40.4%), from €43,845 to €26,110
- Financial charges -€2,017
down €2,017 (-25.8%), from €7,807 to €5,790
- Other operating charges +€1,415
up €1,415 (+196%), from €721 to €2,135
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 | €29,287 | €66,149 | +€36,862 | +126% |
| Fixed assets | 21/28 | €198 | €198 | = | 0.0% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €29,090 | €65,952 | +€36,862 | +127% |
| Stocks and contracts in progress | 3 | €10,868 | €6,092 | -€4,776 | -43.9% |
| Stocks | 30/36 | €10,868 | €6,092 | -€4,776 | -43.9% |
| Amounts receivable within one year | 40/41 | €17,987 | €58,732 | +€40,745 | +227% |
| Trade receivables | 40 | €5,564 | €47,811 | +€42,247 | +759% |
| Other amounts receivable | 41 | €12,423 | €10,921 | -€1,502 | -12.1% |
| Cash at bank and in hand | 54/58 | €234 | €234 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €893 | +€893 | |
| Total equity and liabilities | 10/49 | €29,287 | €66,149 | +€36,862 | +126% |
| Equity | 10/15 | -€55,986 | -€85,359 | -€29,373 | -52.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,986 | -€235,359 | -€29,373 | -14.3% |
| Amounts payable | 17/49 | €85,273 | €151,508 | +€66,235 | +77.7% |
| Amounts payable within one year | 42/48 | €85,166 | €151,508 | +€66,342 | +77.9% |
| Financial debts | 43 | €43,866 | €53,712 | +€9,847 | +22.4% |
| Credit institutions | 430/8 | €43,866 | €53,712 | +€9,847 | +22.4% |
| Trade debts | 44 | €19,779 | €28,839 | +€9,060 | +45.8% |
| Suppliers | 440/4 | €19,779 | €28,839 | +€9,060 | +45.8% |
| Advances received on contracts in progress | 46 | €3,539 | €53,028 | +€49,489 | +1,398% |
| Taxes, remuneration and social security | 45 | €14,788 | €15,258 | +€471 | +3.2% |
| Taxes | 450/3 | €3,976 | - | -€3,976 | |
| Remuneration and social security | 454/9 | €10,812 | €15,258 | +€4,447 | +41.1% |
| Other amounts payable | 47/48 | €3,194 | €670 | -€2,524 | -79.0% |
| Accrued charges and deferred income | 492/3 | €108 | - | -€108 | |
| Remuneration, social security and pensions | 62 | €43,845 | €26,110 | -€17,734 | -40.4% |
| Other operating charges | 640/8 | €721 | €2,135 | +€1,415 | +196% |
| Gross operating margin | 9900 | €55,304 | €4,619 | -€50,685 | -91.6% |
| Operating profit (loss) | 9901 | €10,738 | -€23,626 | -€34,365 | |
| Financial income | 75/76B | €42 | €44 | +€2 | +4.3% |
| Recurring financial income | 75 | €42 | €44 | +€2 | +4.3% |
| Financial charges | 65/66B | €7,807 | €5,790 | -€2,017 | -25.8% |
| Recurring financial charges | 65 | €7,807 | €5,790 | -€2,017 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €2,973 | -€29,373 | -€32,346 | |
| Profit (loss) for the period | 9904 | €2,973 | -€29,373 | -€32,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,973 | -€29,373 | -€32,346 |
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 25 October 2026 via checked.be.