Jade Finance: what changed
Jade Finance
Largest movements
- Receivables within one year +€40,561
up €40,561 (+22.0%), from €184,780 to €225,342
of which Other amounts receivable: +€46,280
- Tangible fixed assets -€21,406
down €21,406 (-2.0%), from €1.1m to €1.0m
- Cash +€19,312
up €19,312 (+224%), from €8,637 to €27,949
mainly Depreciation (+€179,888) and Debts after one year (+€178,801)
- Debts after one year +€178,801
up €178,801 (+20.1%), from €888,348 to €1.1m
- Trade debts -€88,996
down €88,996 (-97.7%), from €91,061 to €2,065
- Other debts -€65,948
down €65,948 (-98.4%), from €67,038 to €1,090
- Current portion of long-term debt +€44,063
up €44,063 (+29.7%), from €148,425 to €192,488
- Profit (loss) carried forward -€30,822
down €30,822 (-96.6%), from -€31,922 to -€62,745
- Gross operating margin +€48,487
up €48,487 (+26.0%), from €186,401 to €234,888
- Financial charges +€37,179
up €37,179 (+77.7%), from €47,837 to €85,016
- Depreciation +€25,361
up €25,361 (+16.4%), from €154,527 to €179,888
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,248,387 | €1,286,854 | +€38,467 | +3.1% |
| Fixed assets | 21/28 | €1,054,969 | €1,033,563 | -€21,406 | -2.0% |
| Tangible fixed assets | 22/27 | €1,054,969 | €1,033,563 | -€21,406 | -2.0% |
| Plant, machinery and equipment | 23 | €1,054,969 | €1,033,563 | -€21,406 | -2.0% |
| Current assets | 29/58 | €193,418 | €253,291 | +€59,873 | +31.0% |
| Amounts receivable within one year | 40/41 | €184,780 | €225,342 | +€40,561 | +22.0% |
| Trade receivables | 40 | €50,383 | €44,664 | -€5,719 | -11.4% |
| Other amounts receivable | 41 | €134,398 | €180,678 | +€46,280 | +34.4% |
| Cash at bank and in hand | 54/58 | €8,637 | €27,949 | +€19,312 | +224% |
| Total equity and liabilities | 10/49 | €1,248,387 | €1,286,854 | +€38,467 | +3.1% |
| Equity | 10/15 | -€31,921 | -€62,744 | -€30,822 | -96.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,922 | -€62,745 | -€30,822 | -96.6% |
| Amounts payable | 17/49 | €1,280,308 | €1,349,597 | +€69,289 | +5.4% |
| Amounts payable after more than one year | 17 | €888,348 | €1,067,149 | +€178,801 | +20.1% |
| Financial debts | 170/4 | €888,348 | €1,067,149 | +€178,801 | +20.1% |
| Amounts payable within one year | 42/48 | €306,524 | €208,343 | -€98,181 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €148,425 | €192,488 | +€44,063 | +29.7% |
| Trade debts | 44 | €91,061 | €2,065 | -€88,996 | -97.7% |
| Suppliers | 440/4 | €91,061 | €2,065 | -€88,996 | -97.7% |
| Taxes, remuneration and social security | 45 | €0 | €12,700 | +€12,700 | |
| Taxes | 450/3 | €0 | €12,700 | +€12,700 | |
| Other amounts payable | 47/48 | €67,038 | €1,090 | -€65,948 | -98.4% |
| Accrued charges and deferred income | 492/3 | €85,436 | €74,105 | -€11,331 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,527 | €179,888 | +€25,361 | +16.4% |
| Other operating charges | 640/8 | €582 | €807 | +€226 | +38.8% |
| Gross operating margin | 9900 | €186,401 | €234,888 | +€48,487 | +26.0% |
| Operating profit (loss) | 9901 | €31,292 | €54,192 | +€22,900 | +73.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €47,837 | €85,016 | +€37,179 | +77.7% |
| Recurring financial charges | 65 | €47,837 | €85,016 | +€37,179 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,545 | -€30,822 | -€14,277 | -86.3% |
| Profit (loss) for the period | 9904 | -€16,545 | -€30,822 | -€14,277 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,545 | -€30,822 | -€14,277 | -86.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.