JADE GARDEN: 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 GARDEN
Largest movements
- Receivables within one year +€1,735
up €1,735 (+50.0%), from €3,466 to €5,201
of which Other amounts receivable: +€1,467
- Cash -€874
down €874 (-1.5%), from €59,012 to €58,138
mainly Tax, wage and social debts (-€2,422) and Investment in fixed assets (net) (-€1,939)
- Tax, wage and social debts -€2,422
down €2,422 (-50.5%), from €4,799 to €2,376
of which Taxes: -€1,955
- Reserves +€1,176
up €1,176 (+2.3%), from €50,188 to €51,364
- Debts after one year +€895
new in 2025: €895
- Gross operating margin -€26,661
down €26,661 (-73.9%), from €36,095 to €9,434
- Taxes -€4,189
down €4,189 (-83.6%), from €5,008 to €819
- Depreciation -€2,888
down €2,888 (-52.3%), from €5,518 to €2,630
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 | €74,010 | €73,950 | -€60 | -0.1% |
| Fixed assets | 21/28 | €7,368 | €6,677 | -€691 | -9.4% |
| Tangible fixed assets | 22/27 | €7,368 | €6,677 | -€691 | -9.4% |
| Plant, machinery and equipment | 23 | €2,872 | €3,228 | +€356 | +12.4% |
| Furniture and vehicles | 24 | €1,954 | €1,328 | -€626 | -32.1% |
| Other tangible fixed assets | 26 | €2,541 | €2,121 | -€420 | -16.5% |
| Current assets | 29/58 | €66,643 | €67,273 | +€630 | +0.9% |
| Stocks and contracts in progress | 3 | €3,746 | €3,481 | -€265 | -7.1% |
| Stocks | 30/36 | €3,746 | €3,481 | -€265 | -7.1% |
| Amounts receivable within one year | 40/41 | €3,466 | €5,201 | +€1,735 | +50.0% |
| Trade receivables | 40 | €1,580 | €1,847 | +€268 | +17.0% |
| Other amounts receivable | 41 | €1,887 | €3,353 | +€1,467 | +77.7% |
| Cash at bank and in hand | 54/58 | €59,012 | €58,138 | -€874 | -1.5% |
| Deferred charges and accrued income | 490/1 | €419 | €453 | +€34 | +8.1% |
| Total equity and liabilities | 10/49 | €74,010 | €73,950 | -€60 | -0.1% |
| Equity | 10/15 | €68,788 | €69,964 | +€1,176 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,188 | €51,364 | +€1,176 | +2.3% |
| Distributable reserves | 133 | €50,188 | €51,364 | +€1,176 | +2.3% |
| Amounts payable | 17/49 | €5,223 | €3,986 | -€1,236 | -23.7% |
| Amounts payable after more than one year | 17 | - | €895 | +€895 | |
| Other amounts payable | 178/9 | - | €895 | +€895 | |
| Amounts payable within one year | 42/48 | €5,223 | €3,092 | -€2,131 | -40.8% |
| Trade debts | 44 | €424 | €716 | +€291 | +68.7% |
| Suppliers | 440/4 | €424 | €716 | +€291 | +68.7% |
| Taxes, remuneration and social security | 45 | €4,799 | €2,376 | -€2,422 | -50.5% |
| Taxes | 450/3 | €2,287 | €332 | -€1,955 | -85.5% |
| Remuneration and social security | 454/9 | €2,512 | €2,044 | -€468 | -18.6% |
| Remuneration, social security and pensions | 62 | €3,231 | €3,251 | +€20 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,518 | €2,630 | -€2,888 | -52.3% |
| Other operating charges | 640/8 | €1,482 | €1,288 | -€193 | -13.1% |
| Gross operating margin | 9900 | €36,095 | €9,434 | -€26,661 | -73.9% |
| Operating profit (loss) | 9901 | €25,864 | €2,265 | -€23,600 | -91.2% |
| Financial income | 75/76B | €0 | €25 | +€25 | +5,852% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +5,852% |
| Financial charges | 65/66B | €609 | €294 | -€315 | -51.7% |
| Recurring financial charges | 65 | €609 | €294 | -€315 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €25,255 | €1,995 | -€23,260 | -92.1% |
| Income taxes | 67/77 | €5,008 | €819 | -€4,189 | -83.6% |
| Profit (loss) for the period | 9904 | €20,247 | €1,176 | -€19,071 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,247 | €1,176 | -€19,071 | -94.2% |
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 18 October 2026 via checked.be.