JADE: what changed
JADE
Largest movements
- Receivables within one year +€281,340
up €281,340 (+483%), from €58,250 to €339,590
- Financial fixed assets +€165,628
up €165,628 (+21.1%), from €784,904 to €950,532
- Cash -€158,642
down €158,642 (-67.3%), from €235,602 to €76,961
mainly Receivables within one year (-€281,340) and Investment in fixed assets (net) (-€165,628)
- Other debts +€359,971
up €359,971 (+11.0%), from €3.3m to €3.6m
- Profit (loss) carried forward -€71,025
down €71,025 (-3.1%), from -€2.3m to -€2.4m
- Financial income -€14,453
down €14,453 (-34.9%), from €41,397 to €26,944
- Financial charges +€2,888
up €2,888 (+3.1%), from €94,126 to €97,014
- Gross operating margin +€2,363
up €2,363 (+97.3%), from -€2,429 to -€66
- Purchases and services -€2,363
down €2,363 (-97.3%), from €2,429 to €66
- Other operating charges -€78
down €78 (-8.1%), from €968 to €889
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,078,756 | €1,367,082 | +€288,326 | +26.7% |
| Fixed assets | 21/28 | €784,904 | €950,532 | +€165,628 | +21.1% |
| Financial fixed assets | 28 | €784,904 | €950,532 | +€165,628 | +21.1% |
| Current assets | 29/58 | €293,852 | €416,550 | +€122,698 | +41.8% |
| Amounts receivable within one year | 40/41 | €58,250 | €339,590 | +€281,340 | +483% |
| Other amounts receivable | 41 | €58,250 | €339,590 | +€281,340 | +483% |
| Cash at bank and in hand | 54/58 | €235,602 | €76,961 | -€158,642 | -67.3% |
| Total equity and liabilities | 10/49 | €1,078,756 | €1,367,082 | +€288,326 | +26.7% |
| Equity | 10/15 | -€2,202,388 | -€2,273,413 | -€71,025 | -3.2% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,289,151 | -€2,360,176 | -€71,025 | -3.1% |
| Amounts payable | 17/49 | €3,281,144 | €3,640,495 | +€359,351 | +11.0% |
| Amounts payable within one year | 42/48 | €3,280,024 | €3,639,995 | +€359,971 | +11.0% |
| Other amounts payable | 47/48 | €3,280,024 | €3,639,995 | +€359,971 | +11.0% |
| Accrued charges and deferred income | 492/3 | €1,120 | €500 | -€620 | -55.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,429 | €66 | -€2,363 | -97.3% |
| Other operating charges | 640/8 | €968 | €889 | -€78 | -8.1% |
| Gross operating margin | 9900 | -€2,429 | -€66 | +€2,363 | +97.3% |
| Operating profit (loss) | 9901 | -€3,396 | -€955 | +€2,441 | +71.9% |
| Financial income | 75/76B | €41,397 | €26,944 | -€14,453 | -34.9% |
| Recurring financial income | 75 | €41,397 | €26,944 | -€14,453 | -34.9% |
| Financial charges | 65/66B | €94,126 | €97,014 | +€2,888 | +3.1% |
| Recurring financial charges | 65 | €94,126 | €97,014 | +€2,888 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€56,125 | -€71,025 | -€14,900 | -26.5% |
| Profit (loss) for the period | 9904 | -€56,125 | -€71,025 | -€14,900 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,125 | -€71,025 | -€14,900 | -26.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.