JADE: 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.
JADE
Largest movements
- Tangible fixed assets -€9,873
down €9,873 (-1.3%), from €773,160 to €763,288
- Profit (loss) carried forward -€10,770
down €10,770 (-13.4%), from -€80,366 to -€91,136
- Gross operating margin +€310
up €310 (+23.1%), from €1,339 to €1,649
- Other operating charges +€290
up €290 (+13.3%), from €2,174 to €2,464
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 | €780,636 | €770,410 | -€10,226 | -1.3% |
| Fixed assets | 21/28 | €773,160 | €763,288 | -€9,873 | -1.3% |
| Tangible fixed assets | 22/27 | €773,160 | €763,288 | -€9,873 | -1.3% |
| Land and buildings | 22 | €773,160 | €763,288 | -€9,873 | -1.3% |
| Current assets | 29/58 | €7,476 | €7,123 | -€353 | -4.7% |
| Amounts receivable within one year | 40/41 | €2,917 | €5,324 | +€2,407 | +82.5% |
| Trade receivables | 40 | €2,917 | €5,317 | +€2,400 | +82.3% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €3,647 | €1,799 | -€1,848 | -50.7% |
| Deferred charges and accrued income | 490/1 | €912 | - | -€912 | |
| Total equity and liabilities | 10/49 | €780,636 | €770,410 | -€10,226 | -1.3% |
| Equity | 10/15 | €728,898 | €718,129 | -€10,770 | -1.5% |
| Contributions | 10/11 | €625,700 | €625,700 | = | 0.0% |
| Reserves | 13 | €183,565 | €183,565 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,010 | - | -€2,010 | |
| Reserves not available under the articles | 1311 | €2,010 | - | -€2,010 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €162,805 | €164,815 | +€2,010 | +1.2% |
| Profit (loss) carried forward | 14 | -€80,366 | -€91,136 | -€10,770 | -13.4% |
| Amounts payable | 17/49 | €51,738 | €52,281 | +€544 | +1.1% |
| Amounts payable within one year | 42/48 | €51,738 | €51,481 | -€256 | -0.5% |
| Trade debts | 44 | €83 | €27 | -€57 | -67.9% |
| Suppliers | 440/4 | €83 | €27 | -€57 | -67.9% |
| Other amounts payable | 47/48 | €51,654 | €51,455 | -€200 | -0.4% |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,873 | €9,873 | = | 0.0% |
| Other operating charges | 640/8 | €2,174 | €2,464 | +€290 | +13.3% |
| Gross operating margin | 9900 | €1,339 | €1,649 | +€310 | +23.1% |
| Operating profit (loss) | 9901 | -€10,707 | -€10,687 | +€20 | +0.2% |
| Financial income | 75/76B | €23 | €22 | -€1 | -2.6% |
| Recurring financial income | 75 | €23 | €22 | -€1 | -2.6% |
| Financial charges | 65/66B | €111 | €104 | -€7 | -6.1% |
| Recurring financial charges | 65 | €111 | €104 | -€7 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,796 | -€10,770 | +€26 | +0.2% |
| Profit (loss) for the period | 9904 | -€10,796 | -€10,770 | +€26 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,796 | -€10,770 | +€26 | +0.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.