Financials
Financial year 2024
Justified from Gent, company number BE0701944062, closed financial year 2024 with a result of € 131,929 after tax. For that financial year Justified recorded a gross margin of € 1.1 million and equity of € 453,859. Compared with financial year 2023, the result moved from € 1,162 to € 131,929. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 453,859
▲ 41% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 131,929
▲ € 130,766 vs 2023
Profit after tax over the fiscal year.
€ 306,177
▲ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 435,259.
People and assets in 2024
10.5
▲ 2.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 689,202
▲ 40% vs 2023
€ 65,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,713
▼ 41% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 188,308
▼ 35% vs 2023
€ 50,808 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 104,499
▼ 32% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 203,648
▲ 138% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 230,452 | € 630,171 | € 723,143 | € 1,136,729 | ▲ 57% |
| Profit after taxes | € 56,675 | € 144,618 | € 1,162 | € 131,929 | ▲ € 130,766 |
| Equity | € 178,951 | € 314,569 | € 321,931 | € 453,859 | ▲ 41% |
| Total debts | € 212,265 | € 630,201 | € 529,531 | € 496,454 | ▼ 6% |
| Cash | € 25,731 | € 410,764 | € 179,886 | € 306,177 | ▲ 70% |
| Retained profit | € 166,551 | € 302,169 | € 303,331 | € 435,259 | ▲ 43% |
| Dividend | € 0 | € 9,000 | € 0 | € 0 | |
| Bank debt | € 137,500 | € 388,594 | € 289,108 | € 188,308 | ▼ 35% |
| Balance sheet total | € 391,215 | € 944,770 | € 851,461 | € 950,314 | ▲ 12% |
| Employees (FTE) | - | 5.7 | 8.4 | 10.5 | ▲ 2.1 |
Key figures of Justified, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Justified?
What happened at Justified in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 131,929 (▲ € 130,766 vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,675 profit in 2021 to € 131,929 profit in 2024.
Paid € 87,582 in corporate taxes since 2021.
Best year ever: 2022, with € 144,618 profit.
On average € 108,300 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Justified is An Deraemaeker. An Deraemaeker is also behind TwoVentures.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Zwijnaardsesteenweg 169 box 103
9000 Gent
Italiëlaan 14 box A
2440 Geel
Active since 31 August 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
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DNS
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Website info
Features
Security
Network
Details
- Company number
- 0701.944.062
- VAT number
- BE 0701.944.062
- Registered office
- Zwijnaardsesteenweg 169 bus 103, 9000 Gent
- Names & denominations
- Justified
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2018
- Peppol
- Active · Active since 29 Dec 2025
- Contact
- justified.be
- Activities · NACE
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