Jade Sustainable Projects: what changed
What changed
Jade Sustainable Projects
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
-€2,520
2025 · €13,251-€15,771
Equity
€1,032
2025 · -€236,448+€237,480
Cash
€125,727
2025 · €129,519-€3,792
Balance sheet total
€3.6m
2025 · €4.0m-€454,975
Largest movements
Assets
- Receivables within one year -€266,167
down €266,167 (-31.6%), from €841,495 to €575,328
of which Trade receivables: -€358,708
- Receivables after one year -€184,464
down €184,464 (-6.1%), from €3.0m to €2.9m
Equity and liabilities
- Debts after one year -€635,446
down €635,446 (-17.9%), from €3.5m to €2.9m
- Contributions +€240,000
up €240,000 (+2,400%), from €10,000 to €250,000
- Other debts -€96,503
down €96,503 (-54.0%), from €178,643 to €82,140
- Current portion of long-term debt +€48,078
up €48,078 (+10.0%), from €480,639 to €528,718
Income statement
- Gross operating margin -€78,985
down €78,985, from €67,239 to -€11,746
- Staff costs -€51,287
down €51,287 (-67.5%), from €75,957 to €24,670
- Financial income +€7,568
up €7,568 (+4.5%), from €170,077 to €177,645
- Depreciation -€3,811
down €3,811 (-77.9%), from €4,894 to €1,083
- Other operating charges -€689
down €689 (-63.9%), from €1,077 to €388
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.
Result 2025
€13,251
Gross operating margin
-€78,985
Staff costs
+€51,287
Depreciation
+€3,811
Other operating charges
+€689
Financial income
+€7,568
Financial charges
-€317
Taxes
+€176
Result 2026
-€2,520
raises the resultlowers the result
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.
From operations
+€343,575
Investment
€0
Financing
-€347,367
Cash 2025
€129,519
From operations (derived)
+€343,575
Net result for the year
-€2,520
Depreciation
+€1,083
Receivables after one year
+€184,464
Receivables within one year
+€266,167
Smaller working-capital items
-€655
Trade debts
+€10,704
Other debts
-€96,503
Accrued charges and deferred income
-€19,166
Financing
-€347,367
Debts after one year
-€635,446
Current portion of long-term debt
+€48,078
Contributions, distributions and other
+€240,000
Cash 2026
€125,727
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,007,568 | €3,552,592 | -€454,975 | -11.4% |
| Formation expenses | 20 | €1,083 | €0 | -€1,083 | -100% |
| Current assets | 29/58 | €4,006,484 | €3,552,592 | -€453,892 | -11.3% |
| Amounts receivable after more than one year | 29 | €3,035,001 | €2,850,538 | -€184,464 | -6.1% |
| Other amounts receivable | 291 | €3,035,001 | €2,850,538 | -€184,464 | -6.1% |
| Amounts receivable within one year | 40/41 | €841,495 | €575,328 | -€266,167 | -31.6% |
| Trade receivables | 40 | €358,708 | €0 | -€358,708 | -100% |
| Other amounts receivable | 41 | €482,787 | €575,328 | +€92,540 | +19.2% |
| Cash at bank and in hand | 54/58 | €129,519 | €125,727 | -€3,792 | -2.9% |
| Deferred charges and accrued income | 490/1 | €469 | €1,000 | +€531 | +113% |
| Total equity and liabilities | 10/49 | €4,007,568 | €3,552,592 | -€454,975 | -11.4% |
| Equity | 10/15 | -€236,448 | €1,032 | +€237,480 | |
| Contributions | 10/11 | €10,000 | €250,000 | +€240,000 | +2,400% |
| Reserves | 13 | €8,998 | €8,998 | = | 0.0% |
| Distributable reserves | 133 | €8,998 | €8,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,446 | -€257,966 | -€2,520 | -1.0% |
| Amounts payable | 17/49 | €4,244,015 | €3,551,560 | -€692,455 | -16.3% |
| Amounts payable after more than one year | 17 | €3,543,737 | €2,908,291 | -€635,446 | -17.9% |
| Financial debts | 170/4 | €3,543,737 | €2,908,291 | -€635,446 | -17.9% |
| Amounts payable within one year | 42/48 | €671,038 | €633,195 | -€37,844 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €480,639 | €528,718 | +€48,078 | +10.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,455 | €12,159 | +€10,704 | +736% |
| Suppliers | 440/4 | €1,455 | €12,159 | +€10,704 | +736% |
| Taxes, remuneration and social security | 45 | €10,302 | €10,178 | -€124 | -1.2% |
| Taxes | 450/3 | €212 | €36 | -€176 | -83.2% |
| Remuneration and social security | 454/9 | €10,090 | €10,142 | +€53 | +0.5% |
| Other amounts payable | 47/48 | €178,643 | €82,140 | -€96,503 | -54.0% |
| Accrued charges and deferred income | 492/3 | €29,240 | €10,074 | -€19,166 | -65.5% |
| Non-recurring operating income | 76A | - | €6,280 | +€6,280 | |
| Remuneration, social security and pensions | 62 | €75,957 | €24,670 | -€51,287 | -67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,894 | €1,083 | -€3,811 | -77.9% |
| Other operating charges | 640/8 | €1,077 | €388 | -€689 | -63.9% |
| Gross operating margin | 9900 | €67,239 | -€11,746 | -€78,985 | |
| Operating profit (loss) | 9901 | -€14,689 | -€37,888 | -€23,198 | -158% |
| Financial income | 75/76B | €170,077 | €177,645 | +€7,568 | +4.5% |
| Recurring financial income | 75 | €170,077 | €177,645 | +€7,568 | +4.5% |
| Financial charges | 65/66B | €141,924 | €142,241 | +€317 | +0.2% |
| Recurring financial charges | 65 | €141,924 | €142,241 | +€317 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €13,463 | -€2,484 | -€15,947 | |
| Income taxes | 67/77 | €212 | €36 | -€176 | -83.2% |
| Profit (loss) for the period | 9904 | €13,251 | -€2,520 | -€15,771 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,251 | -€2,520 | -€15,771 |
Next steps
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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 6 November 2026 via checked.be.