GOOD JADE BELGIUM: what changed
GOOD JADE BELGIUM
Largest movements
- Receivables within one year -€28,172
down €28,172 (-99.5%), from €28,324 to €151
of which Trade receivables: -€28,324
- Tangible fixed assets -€7,370
down €7,370 (-83.3%), from €8,844 to €1,474
- Cash -€803
down €803 (-8.8%), from €9,146 to €8,343
mainly Net result for the year (-€75,096) and Trade debts (-€17,261)
- Profit (loss) carried forward -€75,096
down €75,096 (-7.3%), from -€1.0m to -€1.1m
- Other debts +€69,500
up €69,500 (+16.1%), from €432,369 to €501,869
- Trade debts -€17,261
down €17,261 (-84.4%), from €20,440 to €3,180
- Debts after one year -€8,704
down €8,704 (-1.4%), from €622,096 to €613,392
- Tax, wage and social debts -€4,261
down €4,261 (-35.0%), from €12,187 to €7,926
of which Remuneration and social security: -€4,261
- Gross operating margin +€38,070
up €38,070 (+61.0%), from -€62,416 to -€24,346
- Staff costs -€4,850
down €4,850 (-10.2%), from €47,584 to €42,734
- Depreciation -€1,327
down €1,327 (-15.3%), from €8,697 to €7,370
- Financial charges -€1,214
down €1,214 (-79.5%), from €1,528 to €313
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,590 | €30,343 | -€36,247 | -54.4% |
| Fixed assets | 21/28 | €19,245 | €11,973 | -€7,272 | -37.8% |
| Tangible fixed assets | 22/27 | €8,844 | €1,474 | -€7,370 | -83.3% |
| Other tangible fixed assets | 26 | €8,844 | €1,474 | -€7,370 | -83.3% |
| Financial fixed assets | 28 | €10,400 | €10,499 | +€98 | +0.9% |
| Current assets | 29/58 | €47,345 | €18,370 | -€28,975 | -61.2% |
| Stocks and contracts in progress | 3 | €9,875 | €9,875 | = | 0.0% |
| Stocks | 30/36 | €9,875 | €9,875 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,324 | €151 | -€28,172 | -99.5% |
| Trade receivables | 40 | €28,324 | - | -€28,324 | |
| Other amounts receivable | 41 | - | €151 | +€151 | |
| Cash at bank and in hand | 54/58 | €9,146 | €8,343 | -€803 | -8.8% |
| Total equity and liabilities | 10/49 | €66,590 | €30,343 | -€36,247 | -54.4% |
| Equity | 10/15 | -€1,020,959 | -€1,096,055 | -€75,096 | -7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,027,159 | -€1,102,255 | -€75,096 | -7.3% |
| Amounts payable | 17/49 | €1,087,549 | €1,126,398 | +€38,849 | +3.6% |
| Amounts payable after more than one year | 17 | €622,096 | €613,392 | -€8,704 | -1.4% |
| Financial debts | 170/4 | €622,096 | €613,392 | -€8,704 | -1.4% |
| Amounts payable within one year | 42/48 | €464,996 | €512,974 | +€47,978 | +10.3% |
| Trade debts | 44 | €20,440 | €3,180 | -€17,261 | -84.4% |
| Suppliers | 440/4 | €20,440 | €3,180 | -€17,261 | -84.4% |
| Taxes, remuneration and social security | 45 | €12,187 | €7,926 | -€4,261 | -35.0% |
| Taxes | 450/3 | €383 | €383 | = | 0.0% |
| Remuneration and social security | 454/9 | €11,804 | €7,543 | -€4,261 | -36.1% |
| Other amounts payable | 47/48 | €432,369 | €501,869 | +€69,500 | +16.1% |
| Accrued charges and deferred income | 492/3 | €457 | €32 | -€425 | -93.1% |
| Remuneration, social security and pensions | 62 | €47,584 | €42,734 | -€4,850 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,697 | €7,370 | -€1,327 | -15.3% |
| Other operating charges | 640/8 | €796 | €400 | -€396 | -49.8% |
| Gross operating margin | 9900 | -€62,416 | -€24,346 | +€38,070 | +61.0% |
| Operating profit (loss) | 9901 | -€119,492 | -€74,849 | +€44,643 | +37.4% |
| Financial income | 75/76B | €54 | €67 | +€13 | +23.7% |
| Recurring financial income | 75 | €54 | €67 | +€13 | +23.7% |
| Financial charges | 65/66B | €1,528 | €313 | -€1,214 | -79.5% |
| Recurring financial charges | 65 | €1,528 | €313 | -€1,214 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | -€120,966 | -€75,096 | +€45,870 | +37.9% |
| Profit (loss) for the period | 9904 | -€120,966 | -€75,096 | +€45,870 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,966 | -€75,096 | +€45,870 | +37.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.