JUST.BLONDÉ: 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.
JUST.BLONDÉ
Largest movements
- Receivables within one year +€195,471
up €195,471 (+72.4%), from €270,020 to €465,491
- Current investments -€186,565
down €186,565 (-61.5%), from €303,377 to €116,813
- Tangible fixed assets -€9,329
down €9,329 (-27.7%), from €33,658 to €24,329
- Cash +€8,561
up €8,561 (+44.7%), from €19,166 to €27,727
mainly Current investments (+€186,565) and Trade debts (+€13,933)
- Trade debts +€13,933
up €13,933 (+38.2%), from €36,485 to €50,418
- Profit (loss) carried forward -€8,879
down €8,879 (-1.5%), from €581,980 to €573,101
- Financial income +€32,522
up €32,522 (+185%), from €17,619 to €50,141
- Staff costs +€11,127
new in 2025: €11,127
- Gross operating margin -€10,070
down €10,070 (-71.5%), from -€14,076 to -€24,146
- Taxes +€8,720
up €8,720 (+11,752%), from €74 to €8,794
- Financial charges +€3,166
up €3,166 (+189%), from €1,673 to €4,839
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 | €626,535 | €635,388 | +€8,853 | +1.4% |
| Fixed assets | 21/28 | €33,972 | €24,329 | -€9,643 | -28.4% |
| Tangible fixed assets | 22/27 | €33,658 | €24,329 | -€9,329 | -27.7% |
| Furniture and vehicles | 24 | €33,658 | €24,329 | -€9,329 | -27.7% |
| Financial fixed assets | 28 | €314 | - | -€314 | |
| Current assets | 29/58 | €592,563 | €611,059 | +€18,496 | +3.1% |
| Amounts receivable within one year | 40/41 | €270,020 | €465,491 | +€195,471 | +72.4% |
| Other amounts receivable | 41 | €270,020 | €465,491 | +€195,471 | +72.4% |
| Current investments | 50/53 | €303,377 | €116,813 | -€186,565 | -61.5% |
| Cash at bank and in hand | 54/58 | €19,166 | €27,727 | +€8,561 | +44.7% |
| Deferred charges and accrued income | 490/1 | - | €1,028 | +€1,028 | |
| Total equity and liabilities | 10/49 | €626,535 | €635,388 | +€8,853 | +1.4% |
| Equity | 10/15 | €590,050 | €581,171 | -€8,879 | -1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €1,870 | €1,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €581,980 | €573,101 | -€8,879 | -1.5% |
| Amounts payable | 17/49 | €36,485 | €54,217 | +€17,732 | +48.6% |
| Amounts payable within one year | 42/48 | €36,485 | €54,217 | +€17,732 | +48.6% |
| Trade debts | 44 | €36,485 | €50,418 | +€13,933 | +38.2% |
| Suppliers | 440/4 | €36,485 | €50,418 | +€13,933 | +38.2% |
| Taxes, remuneration and social security | 45 | - | €3,398 | +€3,398 | |
| Taxes | 450/3 | - | €1,344 | +€1,344 | |
| Remuneration and social security | 454/9 | - | €2,053 | +€2,053 | |
| Other amounts payable | 47/48 | - | €401 | +€401 | |
| Remuneration, social security and pensions | 62 | - | €11,127 | +€11,127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,329 | €9,329 | = | 0.0% |
| Other operating charges | 640/8 | €947 | €784 | -€162 | -17.1% |
| Gross operating margin | 9900 | -€14,076 | -€24,146 | -€10,070 | -71.5% |
| Operating profit (loss) | 9901 | -€24,352 | -€45,386 | -€21,035 | -86.4% |
| Financial income | 75/76B | €17,619 | €50,141 | +€32,522 | +185% |
| Recurring financial income | 75 | €17,619 | €50,141 | +€32,522 | +185% |
| Financial charges | 65/66B | €1,673 | €4,839 | +€3,166 | +189% |
| Recurring financial charges | 65 | €1,673 | €4,839 | +€3,166 | +189% |
| Profit (loss) for the period before taxes | 9903 | -€8,406 | -€85 | +€8,321 | +99.0% |
| Income taxes | 67/77 | €74 | €8,794 | +€8,720 | +11,752% |
| Profit (loss) for the period | 9904 | -€8,480 | -€8,879 | -€399 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,480 | -€8,879 | -€399 | -4.7% |
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.