JADE D'ORIENT: 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 D'ORIENT
Largest movements
- Tangible fixed assets +€160,268
up €160,268 (+152%), from €105,709 to €265,977
of which Assets under construction and advance payments: +€115,000
- Receivables within one year +€10,939
up €10,939 (+2.9%), from €374,854 to €385,793
of which Other amounts receivable: +€18,467
- Debts after one year +€84,567
up €84,567 (+838%), from €10,086 to €94,653
- Profit (loss) carried forward +€78,833
up €78,833 (+21.2%), from €372,463 to €451,296
- Current portion of long-term debt +€37,808
up €37,808 (+196%), from €19,299 to €57,107
- Trade debts -€15,163
down €15,163 (-51.0%), from €29,715 to €14,552
- Tax, wage and social debts -€12,771
down €12,771 (-70.6%), from €18,083 to €5,312
of which Taxes: -€8,870
- Taxes -€32,668
down €32,668, from €14,378 to -€18,290
- Gross operating margin -€2,894
down €2,894 (-3.3%), from €87,434 to €84,540
- Depreciation +€2,655
up €2,655 (+26.6%), from €9,988 to €12,643
- Financial charges -€997
down €997 (-24.6%), from €4,059 to €3,062
- Staff costs -€888
no longer reported in 2025 (was €888)
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 | €510,590 | €683,864 | +€173,274 | +33.9% |
| Fixed assets | 21/28 | €107,222 | €267,490 | +€160,268 | +149% |
| Tangible fixed assets | 22/27 | €105,709 | €265,977 | +€160,268 | +152% |
| Land and buildings | 22 | €74,725 | €71,617 | -€3,108 | -4.2% |
| Plant, machinery and equipment | 23 | €15,736 | €9,291 | -€6,445 | -41.0% |
| Furniture and vehicles | 24 | €4,930 | €5,536 | +€606 | +12.3% |
| Leasing and similar rights | 25 | €1,648 | €1,464 | -€184 | -11.2% |
| Other tangible fixed assets | 26 | €8,670 | €63,069 | +€54,399 | +627% |
| Assets under construction and advance payments | 27 | - | €115,000 | +€115,000 | |
| Financial fixed assets | 28 | €1,513 | €1,513 | = | 0.0% |
| Current assets | 29/58 | €403,368 | €416,374 | +€13,006 | +3.2% |
| Stocks and contracts in progress | 3 | €8,129 | €7,091 | -€1,038 | -12.8% |
| Stocks | 30/36 | €8,129 | €7,091 | -€1,038 | -12.8% |
| Amounts receivable within one year | 40/41 | €374,854 | €385,793 | +€10,939 | +2.9% |
| Trade receivables | 40 | €66,396 | €58,868 | -€7,528 | -11.3% |
| Other amounts receivable | 41 | €308,458 | €326,925 | +€18,467 | +6.0% |
| Cash at bank and in hand | 54/58 | €20,385 | €23,490 | +€3,105 | +15.2% |
| Total equity and liabilities | 10/49 | €510,590 | €683,864 | +€173,274 | +33.9% |
| Equity | 10/15 | €433,407 | €512,240 | +€78,833 | +18.2% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Capital | 10 | €55,776 | €55,776 | = | 0.0% |
| Issued capital | 100 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €5,168 | €5,168 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,168 | €5,168 | = | 0.0% |
| Legal reserve | 130 | €5,168 | €5,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372,463 | €451,296 | +€78,833 | +21.2% |
| Amounts payable | 17/49 | €77,183 | €171,624 | +€94,441 | +122% |
| Amounts payable after more than one year | 17 | €10,086 | €94,653 | +€84,567 | +838% |
| Financial debts | 170/4 | €10,086 | €94,653 | +€84,567 | +838% |
| Amounts payable within one year | 42/48 | €67,097 | €76,971 | +€9,874 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €19,299 | €57,107 | +€37,808 | +196% |
| Trade debts | 44 | €29,715 | €14,552 | -€15,163 | -51.0% |
| Suppliers | 440/4 | €29,715 | €14,552 | -€15,163 | -51.0% |
| Taxes, remuneration and social security | 45 | €18,083 | €5,312 | -€12,771 | -70.6% |
| Taxes | 450/3 | €14,182 | €5,312 | -€8,870 | -62.5% |
| Remuneration and social security | 454/9 | €3,901 | - | -€3,901 | |
| Remuneration, social security and pensions | 62 | €888 | - | -€888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,988 | €12,643 | +€2,655 | +26.6% |
| Other operating charges | 640/8 | €8,330 | €8,292 | -€38 | -0.5% |
| Gross operating margin | 9900 | €87,434 | €84,540 | -€2,894 | -3.3% |
| Operating profit (loss) | 9901 | €68,228 | €63,605 | -€4,623 | -6.8% |
| Financial charges | 65/66B | €4,059 | €3,062 | -€997 | -24.6% |
| Recurring financial charges | 65 | €4,059 | €3,062 | -€997 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €64,169 | €60,543 | -€3,626 | -5.7% |
| Income taxes | 67/77 | €14,378 | -€18,290 | -€32,668 | |
| Profit (loss) for the period | 9904 | €49,791 | €78,833 | +€29,042 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,791 | €78,833 | +€29,042 | +58.3% |
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 13 October 2026 via checked.be.