Justmade: 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.
Justmade
Largest movements
- Receivables within one year -€57,761
down €57,761 (-65.0%), from €88,843 to €31,083
of which Trade receivables: -€55,952
- Cash -€1,649
down €1,649 (-4.4%), from €37,640 to €35,992
mainly Net result for the year (-€62,737) and Trade debts (-€1,823)
- Profit (loss) carried forward -€62,737
down €62,737, from €37,948 to -€24,788
- Advances received +€2,684
new in 2025: €2,684
- Trade debts -€1,823
down €1,823 (-3.9%), from €46,788 to €44,964
- Tax, wage and social debts +€1,695
up €1,695 (+13.0%), from €13,007 to €14,703
of which Taxes: +€1,300
- Staff costs +€1,934
up €1,934 (+3.9%), from €49,566 to €51,500
- Depreciation -€1,111
down €1,111 (-71.2%), from €1,559 to €449
- Other operating charges -€426
no longer reported in 2025 (was €426)
- Financial charges +€306
up €306 (+334%), from €92 to €398
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 | €127,396 | €67,541 | -€59,855 | -47.0% |
| Fixed assets | 21/28 | €449 | - | -€449 | |
| Tangible fixed assets | 22/27 | €449 | - | -€449 | |
| Plant, machinery and equipment | 23 | €449 | - | -€449 | |
| Current assets | 29/58 | €126,948 | €67,541 | -€59,406 | -46.8% |
| Amounts receivable within one year | 40/41 | €88,843 | €31,083 | -€57,761 | -65.0% |
| Trade receivables | 40 | €86,887 | €30,935 | -€55,952 | -64.4% |
| Other amounts receivable | 41 | €1,957 | €148 | -€1,809 | -92.5% |
| Cash at bank and in hand | 54/58 | €37,640 | €35,992 | -€1,649 | -4.4% |
| Deferred charges and accrued income | 490/1 | €464 | €467 | +€3 | +0.6% |
| Total equity and liabilities | 10/49 | €127,396 | €67,541 | -€59,855 | -47.0% |
| Equity | 10/15 | €66,578 | €3,841 | -€62,737 | -94.2% |
| Contributions | 10/11 | €20,500 | €20,500 | = | 0.0% |
| Reserves | 13 | €8,129 | €8,129 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,409 | €4,409 | = | 0.0% |
| Distributable reserves | 133 | €3,720 | €3,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,948 | -€24,788 | -€62,737 | |
| Amounts payable | 17/49 | €60,818 | €63,701 | +€2,882 | +4.7% |
| Amounts payable within one year | 42/48 | €60,313 | €63,177 | +€2,864 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | - | €307 | +€307 | |
| Trade debts | 44 | €46,788 | €44,964 | -€1,823 | -3.9% |
| Suppliers | 440/4 | €46,788 | €44,964 | -€1,823 | -3.9% |
| Advances received on contracts in progress | 46 | - | €2,684 | +€2,684 | |
| Taxes, remuneration and social security | 45 | €13,007 | €14,703 | +€1,695 | +13.0% |
| Taxes | 450/3 | €3,718 | €5,017 | +€1,300 | +35.0% |
| Remuneration and social security | 454/9 | €9,290 | €9,686 | +€396 | +4.3% |
| Other amounts payable | 47/48 | €518 | €518 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €505 | €524 | +€18 | +3.7% |
| Remuneration, social security and pensions | 62 | €49,566 | €51,500 | +€1,934 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €449 | -€1,111 | -71.2% |
| Other operating charges | 640/8 | €426 | - | -€426 | |
| Gross operating margin | 9900 | -€10,120 | -€10,214 | -€94 | -0.9% |
| Operating profit (loss) | 9901 | -€61,671 | -€62,162 | -€491 | -0.8% |
| Financial income | 75/76B | €67 | €0 | -€67 | -100.0% |
| Recurring financial income | 75 | €67 | €0 | -€67 | -100.0% |
| Financial charges | 65/66B | €92 | €398 | +€306 | +334% |
| Recurring financial charges | 65 | €92 | €398 | +€306 | +334% |
| Profit (loss) for the period before taxes | 9903 | -€61,695 | -€62,560 | -€865 | -1.4% |
| Income taxes | 67/77 | €168 | €177 | +€9 | +5.4% |
| Profit (loss) for the period | 9904 | -€61,863 | -€62,737 | -€874 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,863 | -€62,737 | -€874 | -1.4% |
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 17 October 2026 via checked.be.