JADE SURGERY: what changed
Two fiscal 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 SURGERY
Largest movements
- Tangible fixed assets +€195,872
up €195,872 (+21.4%), from €913,640 to €1.1m
of which Other tangible fixed assets: +€216,908
- Cash -€142,739
down €142,739 (-58.4%), from €244,428 to €101,689
mainly Investment in fixed assets (net) (-€273,727) and Receivables within one year (-€90,833)
- Receivables within one year +€90,833
up €90,833 (+66.8%), from €135,949 to €226,782
of which Other amounts receivable: +€72,299
- Profit (loss) carried forward +€161,660
up €161,660 (+31.5%), from €512,931 to €674,591
- Debts after one year -€25,267
down €25,267 (-4.6%), from €546,484 to €521,217
- Gross operating margin +€58,265
up €58,265 (+22.8%), from €255,440 to €313,705
- Depreciation +€11,805
up €11,805 (+17.9%), from €66,050 to €77,855
- Taxes +€11,442
up €11,442 (+26.2%), from €43,750 to €55,192
- Financial charges +€7,466
up €7,466 (+95.5%), from €7,814 to €15,280
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.
Cash bridge derived
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 | €1,533,567 | €1,680,191 | +€146,624 | +9.6% |
| Fixed assets | 21/28 | €913,640 | €1,109,512 | +€195,872 | +21.4% |
| Tangible fixed assets | 22/27 | €913,640 | €1,109,512 | +€195,872 | +21.4% |
| Land and buildings | 22 | €794,634 | €791,063 | -€3,571 | -0.4% |
| Furniture and vehicles | 24 | €43,894 | €26,428 | -€17,465 | -39.8% |
| Other tangible fixed assets | 26 | €75,112 | €292,021 | +€216,908 | +288.8% |
| Current assets | 29/58 | €619,927 | €570,679 | -€49,248 | -7.9% |
| Amounts receivable within one year | 40/41 | €135,949 | €226,782 | +€90,833 | +66.8% |
| Trade receivables | 40 | €74,698 | €93,233 | +€18,535 | +24.8% |
| Other amounts receivable | 41 | €61,251 | €133,550 | +€72,299 | +118.0% |
| Current investments | 50/53 | €239,106 | €238,551 | -€554 | -0.2% |
| Cash at bank and in hand | 54/58 | €244,428 | €101,689 | -€142,739 | -58.4% |
| Deferred charges and accrued income | 490/1 | €444 | €3,656 | +€3,211 | +722.5% |
| Total equity and liabilities | 10/49 | €1,533,567 | €1,680,191 | +€146,624 | +9.6% |
| Equity | 10/15 | €891,991 | €1,053,651 | +€161,660 | +18.1% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €341,860 | €341,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €340,000 | €340,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €512,931 | €674,591 | +€161,660 | +31.5% |
| Amounts payable | 17/49 | €641,576 | €626,540 | -€15,036 | -2.3% |
| Amounts payable after more than one year | 17 | €546,484 | €521,217 | -€25,267 | -4.6% |
| Financial debts | 170/4 | €546,484 | €521,217 | -€25,267 | -4.6% |
| Amounts payable within one year | 42/48 | €95,092 | €105,323 | +€10,231 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €24,484 | €25,267 | +€783 | +3.2% |
| Trade debts | 44 | - | €109 | +€109 | |
| Suppliers | 440/4 | - | €109 | +€109 | |
| Taxes, remuneration and social security | 45 | €69,300 | €79,947 | +€10,647 | +15.4% |
| Taxes | 450/3 | €67,460 | €78,774 | +€11,315 | +16.8% |
| Remuneration and social security | 454/9 | €1,840 | €1,173 | -€667 | -36.3% |
| Other amounts payable | 47/48 | €1,308 | €0 | -€1,308 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €2,118 | +€2,118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,050 | €77,855 | +€11,805 | +17.9% |
| Other operating charges | 640/8 | €2,901 | €4,189 | +€1,288 | +44.4% |
| Gross operating margin | 9900 | €255,440 | €313,705 | +€58,265 | +22.8% |
| Operating profit (loss) | 9901 | €186,489 | €229,543 | +€43,054 | +23.1% |
| Financial income | 75/76B | €2,523 | €2,589 | +€66 | +2.6% |
| Recurring financial income | 75 | €2,523 | €2,589 | +€66 | +2.6% |
| Financial charges | 65/66B | €7,814 | €15,280 | +€7,466 | +95.5% |
| Recurring financial charges | 65 | €7,814 | €15,280 | +€7,466 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | €181,198 | €216,852 | +€35,654 | +19.7% |
| Income taxes | 67/77 | €43,750 | €55,192 | +€11,442 | +26.2% |
| Profit (loss) for the period | 9904 | €137,448 | €161,660 | +€24,212 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €137,448 | €161,660 | +€24,212 | +17.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.