JADE CONSULT: 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 CONSULT
Largest movements
- Receivables within one year -€18,134
down €18,134 (-40.1%), from €45,228 to €27,094
of which Trade receivables: -€15,936
- Deferred charges and accrued income +€4,513
up €4,513 (+73.7%), from €6,126 to €10,639
- Trade debts -€7,755
down €7,755 (-30.5%), from €25,414 to €17,659
- Debts after one year -€6,900
down €6,900 (-8.6%), from €80,030 to €73,130
- Profit (loss) carried forward +€5,519
up €5,519 (+41.2%), from -€13,386 to -€7,867
- Current portion of long-term debt -€4,195
down €4,195 (-36.0%), from €11,664 to €7,469
- Gross operating margin +€17,203
up €17,203 (+954%), from €1,803 to €19,006
- Financial charges -€5,496
down €5,496 (-70.6%), from €7,788 to €2,292
- Depreciation +€3,512
up €3,512 (+76.8%), from €4,570 to €8,082
- Financial income +€1,179
up €1,179 (+2,807%), from €42 to €1,221
- Other operating charges -€829
down €829 (-18.2%), from €4,545 to €3,716
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.
Derived cash bridge
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 | €131,573 | €116,005 | -€15,568 | -11.8% |
| Fixed assets | 21/28 | €79,272 | €78,272 | -€1,000 | -1.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €79,122 | €78,122 | -€1,000 | -1.3% |
| Land and buildings | 22 | €75,451 | €72,522 | -€2,929 | -3.9% |
| Plant, machinery and equipment | 23 | €432 | €2,883 | +€2,451 | +567% |
| Furniture and vehicles | 24 | €3,239 | €2,717 | -€522 | -16.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €52,301 | €37,733 | -€14,568 | -27.9% |
| Amounts receivable within one year | 40/41 | €45,228 | €27,094 | -€18,134 | -40.1% |
| Trade receivables | 40 | €27,913 | €11,977 | -€15,936 | -57.1% |
| Other amounts receivable | 41 | €17,315 | €15,117 | -€2,198 | -12.7% |
| Current investments | 50/53 | €147 | - | -€147 | |
| Cash at bank and in hand | 54/58 | €800 | - | -€800 | |
| Deferred charges and accrued income | 490/1 | €6,126 | €10,639 | +€4,513 | +73.7% |
| Total equity and liabilities | 10/49 | €131,573 | €116,005 | -€15,568 | -11.8% |
| Equity | 10/15 | -€6,256 | -€737 | +€5,519 | +88.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €930 | €930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €930 | €930 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,386 | -€7,867 | +€5,519 | +41.2% |
| Amounts payable | 17/49 | €137,829 | €116,742 | -€21,087 | -15.3% |
| Amounts payable after more than one year | 17 | €80,030 | €73,130 | -€6,900 | -8.6% |
| Financial debts | 170/4 | €80,030 | €73,130 | -€6,900 | -8.6% |
| Amounts payable within one year | 42/48 | €56,090 | €43,125 | -€12,965 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €11,664 | €7,469 | -€4,195 | -36.0% |
| Financial debts | 43 | €16,537 | €16,581 | +€44 | +0.3% |
| Credit institutions | 430/8 | €16,537 | €16,581 | +€44 | +0.3% |
| Trade debts | 44 | €25,414 | €17,659 | -€7,755 | -30.5% |
| Suppliers | 440/4 | €25,414 | €17,659 | -€7,755 | -30.5% |
| Taxes, remuneration and social security | 45 | €2,475 | €1,416 | -€1,059 | -42.8% |
| Taxes | 450/3 | €2,475 | €1,416 | -€1,059 | -42.8% |
| Accrued charges and deferred income | 492/3 | €1,709 | €487 | -€1,222 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,570 | €8,082 | +€3,512 | +76.8% |
| Other operating charges | 640/8 | €4,545 | €3,716 | -€829 | -18.2% |
| Gross operating margin | 9900 | €1,803 | €19,006 | +€17,203 | +954% |
| Operating profit (loss) | 9901 | -€7,312 | €7,208 | +€14,520 | |
| Financial income | 75/76B | €42 | €1,221 | +€1,179 | +2,807% |
| Recurring financial income | 75 | €42 | €1,221 | +€1,179 | +2,807% |
| Financial charges | 65/66B | €7,788 | €2,292 | -€5,496 | -70.6% |
| Recurring financial charges | 65 | €7,788 | €2,292 | -€5,496 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,058 | €6,137 | +€21,195 | |
| Income taxes | 67/77 | €158 | €618 | +€460 | +291% |
| Profit (loss) for the period | 9904 | -€15,216 | €5,519 | +€20,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,216 | €5,519 | +€20,735 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.