JOKODIM: 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.
JOKODIM
Largest movements
- Cash -€252,368
down €252,368 (-94.9%), from €265,825 to €13,456
mainly Contributions, distributions and other (-€210,000) and Current investments (-€150,297)
- Current investments +€150,297
up €150,297 (+17.7%), from €847,969 to €998,266
- Tangible fixed assets -€40,138
down €40,138 (-3.4%), from €1.2m to €1.1m
of which Land and buildings: -€53,242
- Reserves -€237,978
down €237,978 (-11.4%), from €2.1m to €1.8m
of which Distributable reserves: -€210,000
- Other debts +€167,000
up €167,000 (+349%), from €47,906 to €214,906
- Tax, wage and social debts -€47,419
down €47,419 (-58.2%), from €81,523 to €34,104
- Gross operating margin -€431,816
down €431,816 (-95.0%), from €454,369 to €22,553
- Taxes -€38,772
down €38,772 (-98.6%), from €39,333 to €561
- Financial income -€8,383
down €8,383 (-40.2%), from €20,872 to €12,489
- Depreciation +€5,398
up €5,398 (+9.1%), from €59,143 to €64,542
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 | €2,312,429 | €2,166,192 | -€146,237 | -6.3% |
| Fixed assets | 21/28 | €1,183,262 | €1,143,124 | -€40,138 | -3.4% |
| Tangible fixed assets | 22/27 | €1,183,262 | €1,143,124 | -€40,138 | -3.4% |
| Land and buildings | 22 | €1,165,111 | €1,111,869 | -€53,242 | -4.6% |
| Furniture and vehicles | 24 | €18,151 | €31,255 | +€13,104 | +72.2% |
| Current assets | 29/58 | €1,129,167 | €1,023,068 | -€106,099 | -9.4% |
| Amounts receivable within one year | 40/41 | €13,500 | €9,621 | -€3,879 | -28.7% |
| Trade receivables | 40 | €10,578 | €3,507 | -€7,071 | -66.8% |
| Other amounts receivable | 41 | €2,921 | €6,113 | +€3,192 | +109% |
| Current investments | 50/53 | €847,969 | €998,266 | +€150,297 | +17.7% |
| Cash at bank and in hand | 54/58 | €265,825 | €13,456 | -€252,368 | -94.9% |
| Deferred charges and accrued income | 490/1 | €1,874 | €1,726 | -€148 | -7.9% |
| Total equity and liabilities | 10/49 | €2,312,429 | €2,166,192 | -€146,237 | -6.3% |
| Equity | 10/15 | €2,157,370 | €1,911,250 | -€246,121 | -11.4% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €2,084,630 | €1,846,652 | -€237,978 | -11.4% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €912,330 | €884,352 | -€27,978 | -3.1% |
| Distributable reserves | 133 | €1,166,000 | €956,000 | -€210,000 | -18.0% |
| Profit (loss) carried forward | 14 | €9,740 | €1,598 | -€8,143 | -83.6% |
| Amounts payable | 17/49 | €155,059 | €254,943 | +€99,884 | +64.4% |
| Amounts payable within one year | 42/48 | €155,059 | €254,943 | +€99,884 | +64.4% |
| Trade debts | 44 | €25,630 | €5,933 | -€19,698 | -76.9% |
| Suppliers | 440/4 | €25,630 | €5,933 | -€19,698 | -76.9% |
| Taxes, remuneration and social security | 45 | €81,523 | €34,104 | -€47,419 | -58.2% |
| Taxes | 450/3 | €81,523 | €34,104 | -€47,419 | -58.2% |
| Other amounts payable | 47/48 | €47,906 | €214,906 | +€167,000 | +349% |
| Non-recurring operating income | 76A | €462,795 | €413 | -€462,382 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,143 | €64,542 | +€5,398 | +9.1% |
| Other operating charges | 640/8 | €7,483 | €5,872 | -€1,611 | -21.5% |
| Gross operating margin | 9900 | €454,369 | €22,553 | -€431,816 | -95.0% |
| Operating profit (loss) | 9901 | €387,742 | -€47,860 | -€435,602 | |
| Financial income | 75/76B | €20,872 | €12,489 | -€8,383 | -40.2% |
| Recurring financial income | 75 | €20,872 | €12,489 | -€8,383 | -40.2% |
| Financial charges | 65/66B | €131 | €188 | +€57 | +43.8% |
| Recurring financial charges | 65 | €131 | €188 | +€57 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €408,483 | -€35,560 | -€444,043 | |
| Income taxes | 67/77 | €39,333 | €561 | -€38,772 | -98.6% |
| Profit (loss) for the period | 9904 | €369,151 | -€36,121 | -€405,271 | |
| Transfer from tax-exempt reserves | 789 | €110,512 | €27,978 | -€82,534 | -74.7% |
| Transfer to tax-exempt reserves | 689 | €407,662 | - | -€407,662 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,000 | -€8,143 | -€80,143 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.