JOPADA: 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.
JOPADA
Largest movements
- Tangible fixed assets +€219,714
up €219,714 (+48.7%), from €451,292 to €671,006
of which Land and buildings: +€221,417
- Cash -€26,844
down €26,844 (-30.4%), from €88,365 to €61,521
mainly Investment in fixed assets (net) (-€232,011) and Other debts (-€49,688)
- Receivables within one year -€10,551
down €10,551 (-99.3%), from €10,625 to €74
of which Trade receivables: -€10,625
- Revaluation surpluses +€232,011
new in 2024: €232,011
- Other debts -€49,688
down €49,688 (-11.5%), from €430,960 to €381,271
- Reserves -€12,476
down €12,476 (-17.2%), from €72,455 to €59,979
- Gross operating margin -€1,001
down €1,001 (-2.8%), from €35,434 to €34,433
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €550,282 | €732,601 | +€182,319 | +33.1% |
| Fixed assets | 21/28 | €451,292 | €671,006 | +€219,714 | +48.7% |
| Tangible fixed assets | 22/27 | €451,292 | €671,006 | +€219,714 | +48.7% |
| Land and buildings | 22 | €447,406 | €668,823 | +€221,417 | +49.5% |
| Furniture and vehicles | 24 | €3,886 | €2,182 | -€1,704 | -43.8% |
| Current assets | 29/58 | €98,990 | €61,595 | -€37,395 | -37.8% |
| Amounts receivable within one year | 40/41 | €10,625 | €74 | -€10,551 | -99.3% |
| Trade receivables | 40 | €10,625 | - | -€10,625 | |
| Other amounts receivable | 41 | - | €74 | +€74 | |
| Cash at bank and in hand | 54/58 | €88,365 | €61,521 | -€26,844 | -30.4% |
| Total equity and liabilities | 10/49 | €550,282 | €732,601 | +€182,319 | +33.1% |
| Equity | 10/15 | €92,915 | €312,450 | +€219,535 | +236% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Revaluation surpluses | 12 | - | €232,011 | +€232,011 | |
| Reserves | 13 | €72,455 | €59,979 | -€12,476 | -17.2% |
| Distributable reserves | 133 | €72,455 | €59,979 | -€12,476 | -17.2% |
| Amounts payable | 17/49 | €457,367 | €420,151 | -€37,216 | -8.1% |
| Amounts payable within one year | 42/48 | €457,367 | €420,151 | -€37,216 | -8.1% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Other loans | 439 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €384 | €6,614 | +€6,230 | +1,620% |
| Suppliers | 440/4 | €384 | €6,614 | +€6,230 | +1,620% |
| Taxes, remuneration and social security | 45 | €1,023 | €7,266 | +€6,243 | +610% |
| Taxes | 450/3 | €1,023 | €7,266 | +€6,243 | +610% |
| Other amounts payable | 47/48 | €430,960 | €381,271 | -€49,688 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,297 | €12,297 | = | 0.0% |
| Other operating charges | 640/8 | €5,615 | €5,831 | +€215 | +3.8% |
| Gross operating margin | 9900 | €35,434 | €34,433 | -€1,001 | -2.8% |
| Operating profit (loss) | 9901 | €17,522 | €16,305 | -€1,217 | -6.9% |
| Financial charges | 65/66B | €208 | €211 | +€3 | +1.6% |
| Recurring financial charges | 65 | €208 | €211 | +€3 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €17,314 | €16,094 | -€1,220 | -7.0% |
| Income taxes | 67/77 | €5,373 | €5,526 | +€153 | +2.8% |
| Profit (loss) for the period | 9904 | €11,942 | €10,569 | -€1,373 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,942 | €10,569 | -€1,373 | -11.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.