JADE GROUP
JADE GROUP has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €442k and a net result of €256k. Equity is shrinking by ~33.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 33% of 6794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €442k |
| Net result | €256k |
| Better than sector | 33% |
| Active | 20 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 33.1% | 54.7% | |
| Net result | €256k | €14k | |
| Equity | €442k | €61k | |
| Gross operating margin | €347k | €37k | |
| Total assets | €1.34M | €139k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €339k | €129k | €120k | €53k |
| Net profit | €256k | €79k | €36k | €-22k |
| Cash flow | €288k | €112k | €68k | €24k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €1.34M | €1.23M | €2.44M | €2.23M |
| Equity | €442k | €186k | €1.03M | €993k |
| Debt | €895k | €1.05M | €1.41M | €1.24M |
| of which ≤ 1y | €76k | €51k | €62k | €44k |
| of which > 1y | €819k | €997k | €1.35M | €1.19M |
| Working capital | €833k | €611k | €-40k | €-9k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 11.95 | 12.92 | 0.35 | 0.78 |
| Quick ratio | 0.98 | 0.59 | 0.35 | 0.78 |
| Working capital ratio | 62.3% | 49.5% | -1.7% | -0.4% |
| Solvency | 33.1% | 15.0% | 42.2% | 44.6% |
| Debt / equity | 2.02 | 5.65 | 1.37 | 1.24 |
| Long-term debt ratio | 1.85 | 5.37 | 1.31 | 1.20 |
| Interest coverage | 8.34 | 7.68 | 2.29 | 1.85 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 19.2% | 6.4% | 1.5% | -1.0% |
| ROE | 58.0% | 42.8% | 3.5% | -2.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | 217d | 131d | 663d | 358d |
| Inventory turnover | 0.03 | 0.05 | - | - |
| Days inventory (DSI) | 11341d | 8070d | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.34M | €1.23M | €2.44M | €2.23M |
| Fixed assets | 21/28 | €428k | €571k | €2.41M | €2.19M |
| Tangible fixed assets | 22/27 | €428k | €571k | €604k | €577k |
| Financial fixed assets | 28 | - | €0 | €1.81M | €1.62M |
| Current assets | 29/58 | €909k | €662k | €22k | €34k |
| Stocks & contracts in progress | 3 | €834k | €632k | - | - |
| Amounts receivable within one year | 40/41 | €67k | €16k | €21k | €29k |
| Cash & bank | 54/58 | €8k | €14k | €1k | €6k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.34M | €1.23M | €2.44M | €2.23M |
| Equity | 10/15 | €442k | €186k | €1.03M | €993k |
| Contributions / capital | 10/11 | €468k | €468k | €468k | €468k |
| Accumulated profits (losses) | 14 | €-26k | €-282k | €-361k | €-397k |
| Amounts payable | 17/49 | €895k | €1.05M | €1.41M | €1.24M |
| Amounts payable after one year | 17 | €819k | €997k | €1.35M | €1.19M |
| Amounts payable within one year | 42/48 | €76k | €51k | €62k | €44k |
| Trade debts payable within one year | 44 | €16k | €10k | €11k | €8k |
| Income statement | |||||
| Gross operating margin | 9900 | €347k | €155k | €127k | €58k |
| Operating result | 9901 | €307k | €96k | €89k | €6k |
| Financial income | 75 | €15k | €98 | - | - |
| Financial charges | 65 | €41k | €17k | €53k | €29k |
| Result before taxes | 9903 | €256k | €79k | €36k | €-22k |
| Net result for the period | 9904 | €256k | €79k | €36k | €-22k |
| Result to be appropriated | 9905 | €256k | €79k | €36k | €-22k |
-
xxDirectorState Gazette act 24454758 (24-12-2024)Current24-12-2024 → present
-
Denis DelforgePrésident et administrateur déléguéState Gazette act 22134976 (16-11-2022)Current21-01-2022 → present
2 events
- 21-01-2022 Resigned· Director
- 21-01-2022 Appointed· Président et administrateur délégué
Former directors (1)
-
BECK EstherDirectorState Gazette act 24454758 (24-12-2024)Former- → 24-12-2024
| NACE primary | Public relations and communication consultancy(73300) |
| Legal form | Public limited company(014) |
| Incorporation | 03-05-2006 |
| Status | Active |
| Postal code | 1050 |
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-04-2025 Articles of association amended, translation of the articles and coordination of the articles
Technical details
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}24-12-2024 1 director appointed, 1 resigning
- xx, Bestuurder
- BECK Esther, Bestuurder
Technical details
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}16-11-2022 4 directors appointed, 1 resigning, 1 reappointed
- Denis Delforge, Président et administrateur délégué
- Denis Delforge, Dagselijks bestuur
- Denis Delforge, Actes administratifs
- Denis Delforge, Représentation en justice
- Denis Delforge, Bestuurder
- Denis Delforge, Bestuurder
Technical details
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}| Legal nameFR | JADE GROUP |