JADE
ActiveSummary
The computed 12-month bankruptcy probability of JADE is 1.6% (moderate). The 2025 annual accounts show negative equity (-€2.3m) and a net result of -€71,025. Equity is shrinking by ~3.8% per year across the filed fiscal years. The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability25▲+1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.09 in 2024; short-term debt: 266.3% and cash: 5.6% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-166.3%
Return on assets
-5.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
38 d early
2023
22 d late
2022
22 d late
2021
2 d early
2020
51 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€71,025▼ 26.5%
2024 · -€56,125
Working capital
-€3.2m▼ 7.9%
2024 · -€3.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€565▼ 82.2%-€423€149,495-€3,396-€955▲ 71.9%
Net result-€96,461▲ 24.0%-€125,819▼ 30.4%€24,033-€56,125-€71,025▼ 26.5%
Equity-€2.0m▼ 5.0%-€2.2m▼ 6.2%-€2.1m▲ 1.1%-€2.2m▼ 2.6%-€2.3m▼ 3.2%
Total assets€723,374▲ 8.3%€841,928▲ 16.4%€1.0m▲ 23.3%€1.1m▲ 3.9%€1.4m▲ 26.7%
Debt€2.8m▲ 5.8%€3.0m▲ 8.8%€3.2m▲ 5.7%€3.3m▲ 3.0%€3.6m▲ 11.0%
Working capital-€2.2m▼ 4.6%-€2.9m▼ 32.5%-€2.9m=-€3.0m▼ 1.6%-€3.2m▼ 7.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €955 in 2025 against €3,396 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€950,532 ▲ 21.1%
Current assets
€416,550 ▲ 41.8%
Key figures and ratios
Solvency
-166.3%▲
2024 · -204.2%
Current ratio
0.11▲
2024 · 0.09
Debt to equity
-1.60▼
2024 · -1.49
ROA
-5.2%▲
2024 · -5.2%
Debt ≤ 1 year
€3.6m▲
2024 · €3.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €985 | - | €149,907 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €76 | €64 | €2,429 | €66 | ▼ 97.3% |
| Other operating charges640/8 | €348 | €348 | €348 | €968 | €889 | ▼ 8.1% |
| Gross operating margin9900 | €912 | -€76 | €149,843 | -€2,429 | -€66 | ▲ 97.3% |
| Operating profit (loss)9901 | €565 | -€423 | €149,495 | -€3,396 | -€955 | ▲ 71.9% |
| Financial income75/76B | €33,734 | €15,054 | €23,950 | €41,397 | €26,944 | ▼ 34.9% |
| Recurring financial income75 | €33,734 | €15,054 | €23,950 | €41,397 | €26,944 | ▼ 34.9% |
| Financial charges65/66B | €130,759 | €140,450 | €149,412 | €94,126 | €97,014 | ▲ 3.1% |
| Recurring financial charges65 | €130,759 | €140,450 | €149,412 | €94,126 | €97,014 | ▲ 3.1% |
| Profit (loss) for the period before taxes9903 | -€96,461 | -€125,819 | €24,033 | -€56,125 | -€71,025 | ▼ 26.5% |
| Profit (loss) for the period9904 | -€96,461 | -€125,819 | €24,033 | -€56,125 | -€71,025 | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | -€96,461 | -€125,819 | €24,033 | -€56,125 | -€71,025 | ▼ 26.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €723,374 | €841,928 | €1.0m | €1.1m | €1.4m | ▲ 26.7% |
| Fixed assets21/28 | €173,945 | €769,901 | €793,852 | €784,904 | €950,532 | ▲ 21.1% |
| Financial fixed assets28 | €173,945 | €769,901 | €793,852 | €784,904 | €950,532 | ▲ 21.1% |
| Current assets29/58 | €549,430 | €72,028 | €244,012 | €293,852 | €416,550 | ▲ 41.8% |
| Amounts receivable after more than one year29 | €15,000 | - | - | - | - | - |
| Other amounts receivable291 | €15,000 | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | €72,020 | €83,520 | €58,250 | €339,590 | ▲ 483% |
| Other amounts receivable41 | - | €72,020 | €83,520 | €58,250 | €339,590 | ▲ 483% |
| Current investments50/53 | €529,212 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €5,218 | €8 | €160,492 | €235,602 | €76,961 | ▼ 67.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €723,374 | €841,928 | €1.0m | €1.1m | €1.4m | ▲ 26.7% |
| Equity10/15 | -€2.0m | -€2.2m | -€2.1m | -€2.2m | -€2.3m | ▼ 3.2% |
| Contributions10/11 | €86,763 | €86,763 | €86,763 | €86,763 | €86,763 | = |
| Capital10 | €86,763 | €86,763 | €86,763 | €86,763 | €86,763 | = |
| Issued capital100 | €86,763 | €86,763 | €86,763 | €86,763 | €86,763 | = |
| Profit (loss) carried forward14 | -€2.1m | -€2.3m | -€2.2m | -€2.3m | -€2.4m | ▼ 3.1% |
| Amounts payable17/49 | €2.8m | €3.0m | €3.2m | €3.3m | €3.6m | ▲ 11.0% |
| Amounts payable within one year42/48 | €2.8m | €3.0m | €3.2m | €3.3m | €3.6m | ▲ 11.0% |
| Other amounts payable47/48 | €2.8m | €3.0m | €3.2m | €3.3m | €3.6m | ▲ 11.0% |
| Accrued charges and deferred income492/3 | €500 | €500 | €500 | €1,120 | €500 | ▼ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€96,461 | -€125,819 | €24,033 | -€56,125 | -€71,025 | ▼ 26.5% |
| Operating cash flow (approximation) | -€96,461 | -€125,819 | €24,033 | -€56,125 | -€71,025 | ▼ 26.5% |
| Investment in fixed assets (approximation) | - | -€595,956 | -€23,951 | €8,948 | -€165,628 | ▼ 1,951% |
| Change in cash | - | -€5,210 | €160,484 | €75,110 | -€158,642 | ▼ 311% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
State Gazette act
Reappointments: Van Kessel Jasper (director and managing director) and Birlouet Peter (director and managing director)Declaration6 facts ▸
State Gazette act
Reappointments: Van Kessel Jasper (director and managing director) and Birlouet Peter (director and managing director)
Declaration6 facts ▸
- General meeting, 28-07-2026
- Declaration, non-publication of previous renewal, régulariser cette situation
- Director reappointment, Van Kessel Jasper (director and managing director)
- Director reappointment, Birlouet Peter (director and managing director)
- Director reappointment, Van Kessel Jasper (director and managing director)
- Director reappointment, Birlouet Peter (director and managing director)
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €24,033
Net result €24,033 after 5 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 51 days late
2020
31-12
Financial
Weakest financial yearnet -€126,864
Net result drops to -€126,864, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 34 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, 2 in day-to-day management, last change in 2020
Board 2
Birlouet Peter
CurrentDirector and managing director · since 26-07-2020
Van Kessel Jasper
CurrentDirector and managing director · since 26-07-2020
Day-to-day management 2
Birlouet Peter
CurrentDirector and managing director · since 26-07-2020
Van Kessel Jasper
CurrentDirector and managing director · since 26-07-2020
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1989
Ground area
367 m²
Building footprint
77 m²
Volume, LiDAR
1,039 m³
Parcel 21612C0056/02G087, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
JADE
since 19892.121.523.523
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02G087 | Brussels | 367 m² | 1 · 77 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2020, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Birlouet Peter |
|
| Van Kessel Jasper |
|
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of JADE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Recognitions · licences · registrations
Legal Entity Identifier
894500F2FZTY0P1TO659
Identification & contact
Identification
Legal formPublic limited company
Founded02-11-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.