JUSTAMED: 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.
JUSTAMED
Largest movements
- Cash +€27,541
up €27,541 (+33.3%), from €82,763 to €110,303
mainly Net result for the year (+€40,319) and Depreciation (+€13,316)
- Tangible fixed assets +€23,005
up €23,005 (+958%), from €2,402 to €25,407
- Receivables within one year +€3,354
up €3,354 (+14.1%), from €23,837 to €27,191
of which Trade receivables: +€8,668
- Reserves +€32,261
up €32,261 (+112%), from €28,896 to €61,157
of which Distributable reserves: +€32,261
- Tax, wage and social debts +€11,081
up €11,081 (+83.7%), from €13,242 to €24,323
of which Taxes: +€6,557
- Profit (loss) carried forward +€8,058
up €8,058 (+8.8%), from €91,833 to €99,890
- Other debts +€7,159
up €7,159 (+36.2%), from €19,790 to €26,949
- Trade debts -€3,120
down €3,120 (-20.3%), from €15,352 to €12,231
- Gross operating margin +€32,528
up €32,528 (+72.8%), from €44,703 to €77,231
- Depreciation +€10,384
up €10,384 (+354%), from €2,932 to €13,316
- Taxes +€8,638
up €8,638 (+64.3%), from €13,436 to €22,074
- Financial charges -€2,880
down €2,880, from €2,603 to -€277
- Other operating charges +€1,423
up €1,423 (+367%), from €387 to €1,810
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 | €181,513 | €237,174 | +€55,662 | +30.7% |
| Fixed assets | 21/28 | €2,432 | €25,437 | +€23,005 | +946% |
| Tangible fixed assets | 22/27 | €2,402 | €25,407 | +€23,005 | +958% |
| Furniture and vehicles | 24 | €2,402 | €25,407 | +€23,005 | +958% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €179,080 | €211,737 | +€32,657 | +18.2% |
| Stocks and contracts in progress | 3 | €25,495 | €25,800 | +€305 | +1.2% |
| Stocks | 30/36 | €25,495 | €25,800 | +€305 | +1.2% |
| Amounts receivable within one year | 40/41 | €23,837 | €27,191 | +€3,354 | +14.1% |
| Trade receivables | 40 | €11,661 | €20,329 | +€8,668 | +74.3% |
| Other amounts receivable | 41 | €12,176 | €6,862 | -€5,314 | -43.6% |
| Current investments | 50/53 | €46,434 | €47,966 | +€1,532 | +3.3% |
| Cash at bank and in hand | 54/58 | €82,763 | €110,303 | +€27,541 | +33.3% |
| Deferred charges and accrued income | 490/1 | €551 | €477 | -€74 | -13.4% |
| Total equity and liabilities | 10/49 | €181,513 | €237,174 | +€55,662 | +30.7% |
| Equity | 10/15 | €133,129 | €173,447 | +€40,319 | +30.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,896 | €61,157 | +€32,261 | +112% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €28,276 | €60,537 | +€32,261 | +114% |
| Profit (loss) carried forward | 14 | €91,833 | €99,890 | +€8,058 | +8.8% |
| Amounts payable | 17/49 | €48,384 | €63,727 | +€15,343 | +31.7% |
| Amounts payable within one year | 42/48 | €48,384 | €63,504 | +€15,120 | +31.2% |
| Trade debts | 44 | €15,352 | €12,231 | -€3,120 | -20.3% |
| Suppliers | 440/4 | €15,352 | €12,231 | -€3,120 | -20.3% |
| Taxes, remuneration and social security | 45 | €13,242 | €24,323 | +€11,081 | +83.7% |
| Taxes | 450/3 | €13,136 | €19,692 | +€6,557 | +49.9% |
| Remuneration and social security | 454/9 | €106 | €4,631 | +€4,524 | +4,262% |
| Other amounts payable | 47/48 | €19,790 | €26,949 | +€7,159 | +36.2% |
| Accrued charges and deferred income | 492/3 | - | €223 | +€223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,932 | €13,316 | +€10,384 | +354% |
| Other operating charges | 640/8 | €387 | €1,810 | +€1,423 | +367% |
| Gross operating margin | 9900 | €44,703 | €77,231 | +€32,528 | +72.8% |
| Operating profit (loss) | 9901 | €41,384 | €62,105 | +€20,721 | +50.1% |
| Financial income | 75/76B | €33 | €11 | -€22 | -67.6% |
| Recurring financial income | 75 | €33 | €11 | -€22 | -67.6% |
| Financial charges | 65/66B | €2,603 | -€277 | -€2,880 | |
| Recurring financial charges | 65 | €2,603 | -€277 | -€2,880 | |
| Profit (loss) for the period before taxes | 9903 | €38,814 | €62,393 | +€23,579 | +60.7% |
| Income taxes | 67/77 | €13,436 | €22,074 | +€8,638 | +64.3% |
| Profit (loss) for the period | 9904 | €25,378 | €40,319 | +€14,940 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,378 | €40,319 | +€14,940 | +58.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.