ACTIVE

JADE SURGERY

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Financial year 2025 · closed on 31/12/2025

Net result

161,7 k €

+17.6% YoY

Gross margin

313,7 k €

+22.8% YoY

Equity

1,1 M €

+18.1% YoY

What does JADE SURGERY do?

JADE SURGERY is a Private limited company incorporated in 2004. Its main activity is: Other education n.e.c.. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.799.315

Incorporation

13/10/2004

Legal form

Private limited company

Registered office

Avenue de la Closière 16
1410 Waterloo · WallonieSee on map

Contributed capital

37 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

85599Other education n.e.c.· main 85599Other education n.e.c.86220Specialist medical practice activities 86220Specialist medical practice activities 86220Specialist medical practice activities 86909Other human health activities+1

Joint committees (1)

33004

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	313,7 k €	+22.8%	255,4 k €	+37.7%	185,6 k €	+62.0%	114,6 k €	-24.6%	151,8 k €	+15.6%	131,4 k €	+40.6%	93,4 k €	-51.7%	193,3 k €	+20.3%	160,7 k €	+4.9%	153,2 k €	-36.5%	241,3 k €	+172%	88,7 k €	-48.2%	171,2 k €	+28.2%	133,5 k €	-18.6%	164 k €	+119%	75 k €	+30.5%	57,5 k €	-27.4%	79,1 k €	-2.3%	81 k €
EBITDA	307,4 k €	+21.7%	252,5 k €	+38.3%	182,6 k €	+63.0%	112,1 k €	-24.9%	149,2 k €	+16.1%	128,5 k €	+43.3%	89,7 k €	-52.1%	187,3 k €	+24.1%	151 k €	+2.2%	147,8 k €	-25.8%	199,1 k €	+130%	86,6 k €	-48.3%	167,6 k €	+29.9%	129 k €	-15.0%	151,7 k €	+131%	65,7 k €	+27.6%	51,5 k €	-25.2%	68,8 k €	-10.7%	77,1 k €
Operating result	229,5 k €	+23.1%	186,5 k €	+15.1%	162,1 k €	+71.0%	94,8 k €	-29.1%	133,6 k €	+22.8%	108,8 k €	+76.4%	61,7 k €	-60.9%	157,9 k €	+35.1%	116,9 k €	-0.1%	117 k €	-27.1%	160,4 k €	+177%	58 k €	-59.1%	141,6 k €	+48.9%	95,1 k €	-20.2%	119,3 k €	+258%	33,3 k €	+67.5%	19,9 k €	-44.9%	36,1 k €	-28.2%	50,2 k €
Net result	161,7 k €	+17.6%	137,4 k €	+33.7%	102,8 k €	+92.0%	53,5 k €	-73.0%	198,3 k €	+81.2%	109,5 k €	+831%	-15 k €	-112%	121,7 k €	+63.9%	74,3 k €	+41.6%	52,4 k €	-60.7%	133,3 k €	+3895%	-3,5 k €	-103%	125,5 k €	+168%	46,9 k €	-20.7%	59,1 k €	+973%	5,5 k €	-7.4%	5,9 k €	-49.5%	11,8 k €	-53.0%	25 k €
Balance sheet
Equity	1,1 M €	+18.1%	892 k €	+0.4%	888,7 k €	+11.1%	800,2 k €	-2.2%	818,6 k €	+38.5%	591 k €	+22.7%	481,5 k €	-2.5%	494,1 k €	+32.7%	372,3 k €	+24.9%	298,1 k €	+21.3%	245,6 k €	+119%	112,3 k €	-7.4%	121,2 k €	+158%	47,1 k €	+2.8%	45,8 k €	+24.7%	36,7 k €	-19.0%	45,3 k €	+15.1%	39,4 k €	+42.6%	27,6 k €
Total assets	1,7 M €	+9.6%	1,5 M €	+58.8%	965,8 k €	+2.3%	944,1 k €	-0.7%	951,2 k €	+26.9%	749,4 k €	+7.7%	696 k €	-2.1%	711,1 k €	+14.2%	622,6 k €	+9.7%	567,4 k €	+0.1%	566,7 k €	+22.7%	461,7 k €	-19.6%	573,9 k €	-4.3%	599,8 k €	-3.3%	620,1 k €	+18.9%	521,3 k €	-4.5%	545,8 k €	-2.9%	562,1 k €	-3.2%	580,4 k €
Cash	101,7 k €	-58.4%	244,4 k €	-52.8%	518 k €	+3.5%	500,3 k €	+63.5%	306 k €	+105%	149,1 k €	-46.3%	277,7 k €	-19.3%	343,9 k €	+23.6%	278,2 k €	+44.7%	192,2 k €	-5.5%	203,4 k €	+5.4%	193 k €	-39.7%	319,9 k €	+347%	71,5 k €	+3.7%	69 k €	+390%	14,1 k €	+59.6%	8,8 k €	-2.9%	9,1 k €	-86.8%	68,8 k €
Debts	626,5 k €	-2.3%	641,6 k €	+732%	77,1 k €	-45.4%	141,3 k €	+8.7%	130 k €	-18.0%	158,4 k €	-26.2%	214,5 k €	-1.2%	217,1 k €	-13.3%	250,2 k €	-7.1%	269,3 k €	-16.1%	321,1 k €	-0.0%	321,2 k €	-29.0%	452,7 k €	-18.1%	552,8 k €	-3.8%	574,3 k €	+18.5%	484,6 k €	-3.2%	500,5 k €	-4.3%	522,7 k €	-5.4%	552,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Bernard Heiderich

Director

Active

Ended mandates

Bernard HEIDERICH

Director · since 24 février 2023

Ended

Bernard Heiderich

Manager · since 13 octobre 2004

Ended

BERNARD HEIDERICH

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	22/08/2025	26/07/2024	14/06/2023	08/06/2022	19/08/2021
General meeting	30/03/2026	30/03/2025	30/03/2024	30/03/2023	28/03/2022	29/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/03/2026	28/08/2026	French	PDF
Micro model	31/12/2024	30/03/2025	22/08/2025	French	PDF
Micro model	31/12/2023	30/03/2024	26/07/2024	French	PDF
Micro model	31/12/2022	30/03/2023	14/06/2023	French	PDF
Micro model	31/12/2021	28/03/2022	08/06/2022	French	PDF
Micro model	31/12/2020	29/03/2021	19/08/2021	French	PDF
Abridged model	31/12/2019	03/03/2020	12/06/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	08/06/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	07/07/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	26/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	19/06/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	14/06/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	09/06/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	17/06/2013	French	PDF
Abridged model	31/12/2011	30/03/2012	30/04/2012	French	PDF
Abridged model	31/12/2010	30/03/2011	28/04/2011	French	PDF
Abridged model	31/12/2009	30/03/2010	17/05/2010	French	PDF
Abridged model	31/12/2008	30/03/2009	06/05/2009	French	PDF
Abridged model	31/12/2007	30/03/2008	05/05/2008	French	PDF
Abridged model	31/12/2006	30/03/2007	02/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Bernard Heiderich

Director

Active

Ended mandates

Bernard HEIDERICH

Director · since 24 février 2023

Ended

Bernard Heiderich

Manager · since 13 octobre 2004

Ended

BERNARD HEIDERICH

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares29/01/2014
CAPITAL, ACTIONS
PDF
Mandates18/12/2012
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office27/12/2005
SIEGE SOCIAL - DIVERS
PDF
Other21/10/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025161,7 k €↑
2024
Annual accounts 2024137,4 k €↑
2023
Annual accounts 2023102,8 k €↑
2022
Annual accounts 202253,5 k €↓
2021
Annual accounts 2021198,3 k €↑
2019
Annual accounts 2019109,5 k €↑
2018
Annual accounts 2018-15 k €↓
2017
Annual accounts 2017121,7 k €↑
2016
Annual accounts 201674,3 k €↑
2015
Annual accounts 201552,4 k €↓
2014
Annual accounts 2014133,3 k €↑
2013
Annual accounts 2013-3,5 k €↓
2012
Annual accounts 2012125,5 k €↑
2011
Annual accounts 201146,9 k €↓
2010
Annual accounts 201059,1 k €↑
2009
Annual accounts 20095,5 k €↓
2008
Annual accounts 20085,9 k €↓
2007
Annual accounts 200711,8 k €↓
2006
Annual accounts 200625 k €
13/10/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

JADE SURGERY

Overview

What does JADE SURGERY do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline