Jade Rent: 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 Rent
Largest movements
- Tangible fixed assets +€231,380
up €231,380 (+6.3%), from €3.7m to €3.9m
of which Leasing and similar rights: +€237,507
- Receivables within one year +€96,288
up €96,288 (+30.3%), from €317,860 to €414,148
of which Trade receivables: +€79,921
- Current portion of long-term debt +€219,872
up €219,872 (+21.1%), from €1.0m to €1.3m
- Reserves +€158,428
up €158,428 (+35.2%), from €450,135 to €608,563
of which Tax-exempt reserves: +€105,250
- Trade debts -€48,422
down €48,422 (-83.7%), from €57,833 to €9,411
- Gross operating margin +€369,475
up €369,475 (+28.0%), from €1.3m to €1.7m
- Depreciation +€336,069
up €336,069 (+36.6%), from €918,016 to €1.3m
- Financial charges +€40,302
up €40,302 (+32.3%), from €124,616 to €164,918
- Write-downs +€20,641
up €20,641 (+61.0%), from €33,812 to €54,453
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 | €4,254,536 | €4,551,849 | +€297,313 | +7.0% |
| Fixed assets | 21/28 | €3,681,835 | €3,913,215 | +€231,380 | +6.3% |
| Tangible fixed assets | 22/27 | €3,681,835 | €3,913,215 | +€231,380 | +6.3% |
| Plant, machinery and equipment | 23 | €20,610 | €14,483 | -€6,127 | -29.7% |
| Leasing and similar rights | 25 | €3,661,225 | €3,898,732 | +€237,507 | +6.5% |
| Current assets | 29/58 | €572,701 | €638,634 | +€65,933 | +11.5% |
| Amounts receivable within one year | 40/41 | €317,860 | €414,148 | +€96,288 | +30.3% |
| Trade receivables | 40 | €161,704 | €241,625 | +€79,921 | +49.4% |
| Other amounts receivable | 41 | €156,156 | €172,523 | +€16,367 | +10.5% |
| Cash at bank and in hand | 54/58 | €254,840 | €215,171 | -€39,670 | -15.6% |
| Deferred charges and accrued income | 490/1 | - | €9,315 | +€9,315 | |
| Total equity and liabilities | 10/49 | €4,254,536 | €4,551,849 | +€297,313 | +7.0% |
| Equity | 10/15 | €525,135 | €683,563 | +€158,428 | +30.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €450,135 | €608,563 | +€158,428 | +35.2% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €450,135 | €503,313 | +€53,178 | +11.8% |
| Amounts payable | 17/49 | €3,729,401 | €3,868,286 | +€138,885 | +3.7% |
| Amounts payable after more than one year | 17 | €2,550,417 | €2,542,430 | -€7,987 | -0.3% |
| Financial debts | 170/4 | €2,550,417 | €2,542,430 | -€7,987 | -0.3% |
| Amounts payable within one year | 42/48 | €1,178,984 | €1,325,856 | +€146,872 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €1,040,271 | €1,260,143 | +€219,872 | +21.1% |
| Financial debts | 43 | €71,989 | €52,199 | -€19,790 | -27.5% |
| Credit institutions | 430/8 | €71,989 | €52,199 | -€19,790 | -27.5% |
| Trade debts | 44 | €57,833 | €9,411 | -€48,422 | -83.7% |
| Suppliers | 440/4 | €57,833 | €9,411 | -€48,422 | -83.7% |
| Advances received on contracts in progress | 46 | €5,853 | €4,103 | -€1,750 | -29.9% |
| Taxes, remuneration and social security | 45 | €3,039 | €0 | -€3,039 | -100% |
| Taxes | 450/3 | €1,219 | €0 | -€1,219 | -100% |
| Remuneration and social security | 454/9 | €1,820 | €0 | -€1,820 | -100% |
| Non-recurring operating income | 76A | €3,536 | €0 | -€3,536 | -100% |
| Remuneration, social security and pensions | 62 | €4,070 | €5,067 | +€996 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €918,016 | €1,254,085 | +€336,069 | +36.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,812 | €54,453 | +€20,641 | +61.0% |
| Other operating charges | 640/8 | €1,101 | €1,112 | +€11 | +1.0% |
| Gross operating margin | 9900 | €1,320,183 | €1,689,658 | +€369,475 | +28.0% |
| Operating profit (loss) | 9901 | €363,185 | €374,943 | +€11,758 | +3.2% |
| Financial income | 75/76B | €231 | €30 | -€201 | -86.9% |
| Recurring financial income | 75 | €231 | €30 | -€201 | -86.9% |
| Financial charges | 65/66B | €124,616 | €164,918 | +€40,302 | +32.3% |
| Recurring financial charges | 65 | €124,616 | €164,918 | +€40,302 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €238,800 | €210,055 | -€28,745 | -12.0% |
| Income taxes | 67/77 | €60,018 | €51,627 | -€8,391 | -14.0% |
| Profit (loss) for the period | 9904 | €178,782 | €158,428 | -€20,354 | -11.4% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €178,782 | €53,178 | -€125,604 | -70.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.