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
- Receivables within one year +€26,838
up €26,838 (+16589.3%), from €162 to €27,000
of which Other amounts receivable: +€27,000
- Cash -€13,226
down €13,226 (-63.2%), from €20,933 to €7,707
mainly Receivables within one year (-€26,838) and Investment in fixed assets (net) (-€1,368)
- Reserves +€8,444
up €8,444 (+8.2%), from €102,921 to €111,365
- Other debts +€5,250
up €5,250 (+9.2%), from €56,969 to €62,219
- Gross operating margin -€1,915
down €1,915 (-10.5%), from €18,315 to €16,400
- Financial charges +€1,209
up €1,209 (+346.0%), from €349 to €1,558
- Taxes -€961
down €961 (-18.4%), from €5,226 to €4,265
- Depreciation +€493
up €493 (+39.7%), from €1,241 to €1,734
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 | €183,409 | €196,615 | +€13,205 | +7.2% |
| Fixed assets | 21/28 | €161,240 | €160,874 | -€366 | -0.2% |
| Tangible fixed assets | 22/27 | €11,240 | €10,874 | -€366 | -3.3% |
| Plant, machinery and equipment | 23 | €1,643 | €2,481 | +€838 | +51.0% |
| Furniture and vehicles | 24 | €9,597 | €8,394 | -€1,204 | -12.5% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €22,169 | €35,740 | +€13,572 | +61.2% |
| Amounts receivable within one year | 40/41 | €162 | €27,000 | +€26,838 | +16589.3% |
| Trade receivables | 40 | €162 | - | -€162 | |
| Other amounts receivable | 41 | - | €27,000 | +€27,000 | |
| Cash at bank and in hand | 54/58 | €20,933 | €7,707 | -€13,226 | -63.2% |
| Deferred charges and accrued income | 490/1 | €1,074 | €1,033 | -€40 | -3.7% |
| Total equity and liabilities | 10/49 | €183,409 | €196,615 | +€13,205 | +7.2% |
| Equity | 10/15 | €121,521 | €129,965 | +€8,444 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,921 | €111,365 | +€8,444 | +8.2% |
| Distributable reserves | 133 | €102,921 | €111,365 | +€8,444 | +8.2% |
| Amounts payable | 17/49 | €61,888 | €66,650 | +€4,762 | +7.7% |
| Amounts payable within one year | 42/48 | €61,888 | €66,650 | +€4,762 | +7.7% |
| Trade debts | 44 | €1,467 | €896 | -€570 | -38.9% |
| Suppliers | 440/4 | €1,467 | €896 | -€570 | -38.9% |
| Taxes, remuneration and social security | 45 | €3,452 | €3,534 | +€82 | +2.4% |
| Taxes | 450/3 | €3,452 | €3,534 | +€82 | +2.4% |
| Other amounts payable | 47/48 | €56,969 | €62,219 | +€5,250 | +9.2% |
| Non-recurring operating income | 76A | €6,496 | - | -€6,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,241 | €1,734 | +€493 | +39.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €18,315 | €16,400 | -€1,915 | -10.5% |
| Operating profit (loss) | 9901 | €16,687 | €14,266 | -€2,421 | -14.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -5.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -5.9% |
| Financial charges | 65/66B | €349 | €1,558 | +€1,209 | +346.0% |
| Recurring financial charges | 65 | €349 | €1,558 | +€1,209 | +346.0% |
| Profit (loss) for the period before taxes | 9903 | €16,338 | €12,709 | -€3,630 | -22.2% |
| Income taxes | 67/77 | €5,226 | €4,265 | -€961 | -18.4% |
| Profit (loss) for the period | 9904 | €11,113 | €8,444 | -€2,669 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,113 | €8,444 | -€2,669 | -24.0% |
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 8 October 2026 via checked.be.