JADE: what changed
Two fiscal 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.
JADE
Largest movements
- Tangible fixed assets -€249
down €249 (-1.3%), from €19,782 to €19,533
- Cash +€219
up €219 (+63.3%), from €345 to €564
mainly Trade debts (+€3,448) and Depreciation (+€249)
- Trade debts +€3,448
new in 2025: €3,448
- Profit (loss) carried forward -€2,894
down €2,894 (-7.1%), from -€40,848 to -€43,742
- Other debts -€584
down €584 (-4.0%), from €14,626 to €14,042
- Gross operating margin +€6,893
up €6,893, from -€3,152 to €3,741
- Financial charges +€1,755
up €1,755 (+2613.6%), from €67 to €1,822
of which Non-recurring financial charges: +€1,750
- Other operating charges +€1,301
up €1,301 (+39.9%), from €3,264 to €4,564
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.
Cash bridge derived
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 | €20,127 | €20,097 | -€30 | -0.1% |
| Fixed assets | 21/28 | €19,782 | €19,533 | -€249 | -1.3% |
| Tangible fixed assets | 22/27 | €19,782 | €19,533 | -€249 | -1.3% |
| Land and buildings | 22 | €19,782 | €19,533 | -€249 | -1.3% |
| Current assets | 29/58 | €345 | €564 | +€219 | +63.3% |
| Cash at bank and in hand | 54/58 | €345 | €564 | +€219 | +63.3% |
| Total equity and liabilities | 10/49 | €20,127 | €20,097 | -€30 | -0.1% |
| Equity | 10/15 | €5,501 | €2,607 | -€2,894 | -52.6% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €14,123 | €14,123 | = | 0.0% |
| Distributable reserves | 133 | €14,123 | €14,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,848 | -€43,742 | -€2,894 | -7.1% |
| Amounts payable | 17/49 | €14,626 | €17,490 | +€2,864 | +19.6% |
| Amounts payable within one year | 42/48 | €14,626 | €17,490 | +€2,864 | +19.6% |
| Trade debts | 44 | - | €3,448 | +€3,448 | |
| Suppliers | 440/4 | - | €3,448 | +€3,448 | |
| Other amounts payable | 47/48 | €14,626 | €14,042 | -€584 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249 | €249 | = | 0.0% |
| Other operating charges | 640/8 | €3,264 | €4,564 | +€1,301 | +39.9% |
| Gross operating margin | 9900 | -€3,152 | €3,741 | +€6,893 | |
| Operating profit (loss) | 9901 | -€6,664 | -€1,072 | +€5,592 | +83.9% |
| Financial charges | 65/66B | €67 | €1,822 | +€1,755 | +2613.6% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Non-recurring financial charges | 66B | - | €1,750 | +€1,750 | |
| Profit (loss) for the period before taxes | 9903 | -€6,731 | -€2,894 | +€3,837 | +57.0% |
| Profit (loss) for the period | 9904 | -€6,731 | -€2,894 | +€3,837 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,731 | -€2,894 | +€3,837 | +57.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.